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02-10-2003 Council Packet
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02-10-2003 Council Packet
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competent jurisdiction to be justified because of Landlord’s acts or <br />omissions), Landlord may, at its option, at any time and from time to time, <br />relet the Premises, or any part thereof, for the account of Tenant or <br />otherwise, and receive and collect the rents therefore, applying the same <br />first to the payment of such expenses as Landlord may have incurred in <br />recovering possession of the Premises, including legal expenses and <br />attorneys ’ fees, and for putting the same into good order or condition or <br />preparing or altering the same for re-rental and all other expenses, <br />commissions, and charges paid, assumed, or incurred by Landlord in <br />reletting the Premises and then to the fulfillment of the covenants of <br />Tenant hereunder. Any such reletting herein provided for may be for the <br />remainder of the Term as originally granted or for a longer or shorter <br />period. <br />(c) s Liability. If this Lease is terminated and/or the Premises is re-entered by <br />Landlord pursuant to a default by Tenant of the terms and conditions of this Lease, <br />whether or not the Premises, or any part thereof, is relet. Tenant shall pay to Landlord the <br />Base Rent and the Additional Rent required to be paid by Tenant up to the time of such <br />termination of this Lease, and thereafter Tenant shall, if required by Landlord, pay to <br />Landlord until the end of the Term the equivalent of the amount of all the Base Rent and <br />Additional Rent required herein less the net proceeds of reletting, if any. Landlord shall <br />ha »c the election, in place and stead of holding Tenant so liable, forthwith to recover <br />against Tenant, as damages for loss of the bargain and not as penalty, an aggregate sum <br />which, at the time of such termination or such recovery of possession by Landlord, as the <br />case may be, represents the then present worth of the excess, if any, of the aggregate of <br />the Rent payable by Tenant hereunder that would have accrued for the balance of the <br />Term, over the aggregate rental value of the Premises for the balance of such Term. <br />(d) Cumulative Remedies. The specified remedies to which Landlord may resort <br />under the terms of this Lease are cumulative and are not intended to be exclusive of any <br />other remedies or means of redress to which Landlord may be lawfully entitled in case of <br />any breach or threatened breach by Tenant of any provision of this Lease. A receipt by <br />Landlord of Base Rent or Additional Rent, including payment of Base Rent or Additional <br />Rent by Tenant s receiver, trustee in bankruptcy, creditor, or assignee, with or w’ithout <br />knowledge of a breach of any covenant hereof (other than the covenant for the payment of <br />such Base Rent or Additional Rent) shall not be deemed a waiver of such breach. In <br />addition to other remedies provided in this Lease, Landlord shall be entitled to the <br />restraint by injunction for the violation or attempted or threatened violation of the <br />covenants, conditions, or provisions of this Lease. <br />’2 ) CONDITION OF PREMISES AT TERMINATION. At the termination of <br />this Lease by lapse of time or otherwise. Tenant shall return the Premises in as good a condition <br />as when Tenant took possession, excepting only ordinary wear and tear. <br />• .ySE OF PREMISES. The Premises shall be used as an employee break room <br />uses ancillary thereto. Tenant shall not use or occupy the Premises or knowingly permit the
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