Common use of Monetary Defaults Clause in Contracts

Monetary Defaults. Failure to pay Rent or any other monetary obligations by the first day of each month shall constitute a default under the terms of this Lease. If Lessee is in default in the payment of Rent or other monetary obligations then, at Lessor’s sole option, upon ten (10) days’ written notice, this Lease may be terminated, and Lessor may enter upon and take possession of the Premises. Without limiting the generality of the foregoing, Xxxxxx expressly authorizes Lessor to obtain a prejudgment writ of restitution in the event of default by Xxxxxx. This remedy is in addition to and is not exclusive of any other remedies provided either by this Lease or by law.

Appears in 5 contracts

Samples: Commercial Lease Premises With Common Area, Commercial Lease Premises With Common Area, Commercial Lease Premises With Common Area

AutoNDA by SimpleDocs

Monetary Defaults. Failure to pay Rent or any other monetary obligations by the first day of each month shall constitute a default under the terms of this Lease. If Lessee is in default in the payment of Rent or other monetary obligations then, at Lessor’s sole option, upon ten (10) days’ written notice, this Lease may be terminated, and Lessor may enter upon and take possession of the PremisesPremises and any property located therein. Without limiting the generality of the foregoing, Xxxxxx Lessee expressly authorizes Lessor to obtain a prejudgment writ of restitution in the event of default by XxxxxxLessee. This remedy is in addition to and is not exclusive of any other remedies provided either by this Lease or by law.

Appears in 2 contracts

Samples: Monthly Aircraft Tie Down Lease Agreement, Monthly T Hangar Lease Agreement

AutoNDA by SimpleDocs

Monetary Defaults. Failure to pay Rent or any other monetary obligations by the first (1st) day of each month shall constitute a default under the terms of this Lease. If Lessee is in default in the payment of Rent or other monetary obligations then, at Lessor’s sole option, and upon ten (10) days’ written notice, this Lease may be terminated, and Lessor may enter upon and take possession of the PremisesPremises and any property located therein. Without limiting the generality of the foregoing, Xxxxxx expressly authorizes Lessor to obtain a prejudgment writ of restitution in the event of default by Xxxxxx. This remedy is in addition to to, and is not exclusive of of, any other remedies provided either by this Lease or by law.

Appears in 1 contract

Samples: Monthly Tie Down Lease Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.