Orange County NC Website
ao <br />by acceding to the demands of the opp.os.inq party or parties when <br />such course is in the judgment of Tenant unfavorable to Tenant.,- <br />b. Whenever ariy event of de~aizlt referred to in this <br />Lease shall have happened and be subsisting, Landlord may take <br />any one. or mare of the following remedial tees: <br />(i) Landlard may, at its option, declare'a,11 <br />insta]:lments of rent payable for the remainder of the Leas:e Term <br />to be immediately due and payable, whereupon the same shall <br />become immediately due and payable. <br />(ii) Landlord :may <br />the Premises without terminating <br />Premises f'or the account of Tema <br />difference in the rent ani3 other <br />subtenant in. such subleasing and <br />payable by Tenant hereunder. <br />re-enter and take possession of <br />this Lease,.-and sublease the <br />?t, holding Tenant liable far the <br />amounts payable by such <br />the rents and other amounts <br />(iii) Landlord may terminate the Lease Term, <br />exe'.l,ude Tenant from possession of the Premises and use its best <br />efforts to lease-the Premises to another for t2ie account of <br />Tenant, holdi:x~g Tenant liable for all rent and other payments due <br />up to the effective date of such leasing. <br />(iv) Landlord .may take whatever action .at law or <br />in equity may appear necessary or desirable to collect the rent <br />'and any other amounts payable by Tenant hereunder, then due and <br />thereafter, to become due; or to enforce perfarmanee and. <br />observance>of any obligation, agreement or covenant of. Tenant <br />under this Lease. <br />Anjr a"mounts collected pursuant to action. taken -under this: <br />subparagraph shall be applied to the account of Tenant. <br />c: No remedy herein. conferred upon or~reserved to <br />Landlord is intended to be exclusive of any other available <br />remedy ar remedi:es, but each and every such remedy shall be <br />cumu~.ative and sha11 be in addition to,every other remedy given <br />under this Lease or now or hereafter existing at.law or izi equity <br />or by 'statute. No delay ;or omission to exercise any right or <br />power accruing upon any default shall impair any such right ar <br />power or shall be construed to be a waiver thereof, but any such <br />right and power may be exercised frarn time to time and as often <br />as may be deemed expedient. Tn order to entitle Landlord to <br />exercise any remedy reserved to it, it shall not be necessary to <br />give any notice, other than such notice as zinay be herein <br />expressly required. <br />d. In the event Tenant should default under .any of <br />the provisions of this Lease and Landlord.shou d employ attorneys <br />or incur other expenses for the collection of rent or the <br />enforcement of performance or observance of arid;obligation or <br />agreeineri on the part of Tenant herein contained, Tenant agrees <br />16 <br />