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1997 S Purchasing - Builders Supply lease agreement
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1997 S Purchasing - Builders Supply lease agreement
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by acceding to the demands of the opposing party or parties when <br /> such course is in the judgment of Tenant unfavorable to Tenant . . <br /> b . Whenever any event of default referred to in this <br /> Lease shall have happened and be subsisting , Landlord may take <br /> any one or more of the following remedial steps : <br /> ( i ) Landlord may , at its option , declare all <br /> installments of rent payable for the remainder of the Lease Term <br /> to4be immediately due and payable , whereupon the same shall <br /> become immediately due and payable . <br /> ( ii ) Landlord may re - enter and take possession of <br /> the Premises without terminating this Lease , and sublease the <br /> Premises for the account of Tenant , holding Tenant liable for the <br /> difference in the rent and other amounts payable by such <br /> subtenant in such subleasing and the rents and other amounts <br /> . payable by Tenant hereunder . <br /> ( iii ) Landlord may terminate the Lease Term , <br /> exclude Tenant from possession of the Premises and use its best <br /> efforts to lease the Premises to another for the account of <br /> Tenant , holding 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 performance and <br /> observance . of any obligation , agreement or covenant of Tenant <br /> under this Lease . <br /> _ ...__...... . .. . . . ... . .._......... ..._. . - . .. ._....-- --..._._..-- ---...._..... -- ..-_. ... .......... ... . <br /> Any amounts collect-ed. -.. .pur"scant to action taken .-....under ..... t- -rs - _.._ . .__ . . . .... . . . . .. . ._... .. .... . - . _ .. .. <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 or remedies , but each and every such remedy shall be <br /> cumulative and shall be in addition to every other remedy given <br /> under this Lease or now or hereafter existing at law or in equity <br /> or4by statute . No delay or omission to exercise any right or <br /> power accruing upon any default shall impair any such right or <br /> power or shall be construed to be a waiver thereof , but any such <br /> right and power may be exercised from time to time and as often <br /> as may be deemed expedient . In 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 may be herein <br /> expressly required . <br /> d . In the event Tenant should default under any of <br /> the provisions ' of this Lease and Landlord should employ attorneys <br /> or incur other expenses for the collection of rent or the <br /> enforcement of performance or observance of any obligation or <br /> agreement on the part of Tenant herein contained , Tenant agrees <br /> 16 <br />
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