Common use of VACATED Clause in Contracts

VACATED. In the event that the leased premises shall be vacated during the said lease term by Lessee, Lessor may take immediate possession thereof for the remainder of the term and in Lessor’s discretion re-let the same and apply the proceeds received against the amounts due for lessee. The Lessee will remain liable for the unpaid balance of the rent not recovered by subletting and for the payment of reasonable expenses incurred in such subletting by Lessor. Lessee is responsible for the cost of all storage, moving, etc. expenses.

Appears in 2 contracts

Samples: www.nevesgroup.com, www.nevesgroup.com

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VACATED. In the event that the leased premises shall be vacated during the said lease term by Lessee, Lessor may take immediate possession thereof for the remainder of the term and in Lessor’s discretion re-let relet the same and apply the proceeds received against the amounts due for lessee. The Lessee, the Lessee will to remain liable for the unpaid balance of the rent not recovered by subletting and for the payment of reasonable expenses incurred in such subletting by Lessor. Lessee is responsible for the cost of all storage, moving, etc. expenses.

Appears in 1 contract

Samples: www.faronproperties.com

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