Termination of Sublease. Sublessor may terminate this Sublease, by written notice to Sublessee, without any right by Sublessee to reinstate its rights by payment of rent due or other performance of the terms and conditions hereof. Upon such termination Sublessee shall immediately surrender possession of the Premises to Sublessor, and Sublessor shall immediately become entitled to receive from Sublessee an amount equal to the difference between the aggregate of all rent reserved under this Sublease for the balance of the Initial Term or Renewal Term, as the case may be, and the fair rental value of the Premises for that period, determined as of the date of such termination, and reduced by the amount Sublessor may obtain upon reletting, discounted to present value at the rate of ten percent (10%).
Appears in 4 contracts
Samples: Form of Sublease Agreement (Lender Processing Services, Inc.), Sublease Agreement (Lender Processing Services, Inc.), Sublease Agreement (Lender Processing Services, Inc.)
