Common use of Continuation of Lease Clause in Contracts

Continuation of Lease. In the event of any Default by Tenant, then in addition to any other remedies available to Landlord at law or in equity and under this Lease, Landlord shall have the remedy described in California Civil Code Section 1951.4 (Landlord may continue this Lease in effect after Tenant’s Default and abandonment and recover Rent as it becomes due, provided tenant has the right to sublet or assign, subject only to reasonable limitations).

Appears in 10 contracts

Sources: Industrial Lease (Tenaya Therapeutics, Inc.), Industrial Lease (CAPSTONE TURBINE Corp), Lease (Pacific Biosciences of California Inc)

Continuation of Lease. In the event of any Default by Tenant, then in addition to any other remedies available to Landlord at law or in equity and under this Lease, Landlord shall have the remedy described in California Civil Code Section 1951.4 (Landlord lessor may continue this Lease lease in effect after Tenantlessee’s Default breach and abandonment and recover Rent rent as it becomes due, provided tenant if lessee has the right to sublet or assign, subject only to reasonable limitations). Accordingly, if Landlord does not elect to terminate this Lease on account of any default by Tenant, Landlord may, from time to time, without terminating this Lease, enforce all of its rights and remedies under this Lease, including the right to recover all rent as it becomes due.

Appears in 6 contracts

Sources: Office Lease (Auspex Pharmaceuticals, Inc.), Office Lease (Lumena Pharmaceuticals, Inc.), Office Lease (Auspex Pharmaceuticals, Inc.)

Continuation of Lease. In the event of any Default by Tenant, then in addition to any other remedies available to Landlord at law or in equity and under this Lease, Landlord shall have the remedy described in California Civil Code Section 1951.4 (Landlord may continue this Lease in effect after Tenant’s 's Default and abandonment and recover Rent as it becomes due, provided tenant has the right to sublet or assign, subject only to reasonable limitations).

Appears in 5 contracts

Sources: Industrial Lease (Excaliber Enterprises, Ltd.), Lease Agreement (Omneon Video Networks, Inc.), Lease Agreement (Suntek Corp)

Continuation of Lease. In the event of any Default by Tenant, then in addition to any other remedies available to Landlord at law or in equity and under this Lease, Landlord shall have the remedy described in California Civil Code Section 1951.4 (Landlord may continue this Lease in effect after Tenant’s 's Default and abandonment and recover Rent as it becomes due, provided tenant Tenant has the right to sublet or assign, subject only to reasonable limitations).

Appears in 5 contracts

Sources: Lease Agreement (PLX Technology Inc), Lease Agreement (Hybrid Networks Inc), Lease Agreement (Sterigenics International)

Continuation of Lease. In the event of any Default by Tenant, then in addition to any other remedies available to Landlord at law or in equity and under this Lease, Landlord shall have the remedy described in California Civil Code Section 1951.4 (Landlord may continue this Lease in effect after Tenant’s Default and abandonment and recover Rent as it becomes due, provided tenant Tenant has the right to sublet or assign, subject only to reasonable limitations).

Appears in 5 contracts

Sources: Lease Agreement (Silk Road Medical Inc), Lease Agreement (Silk Road Medical Inc), Lease Agreement (Aerohive Networks, Inc)

Continuation of Lease. In the event of any Default by Tenant, then in addition to any other remedies available to Landlord at law or in equity and under this Lease, Landlord shall have the remedy described in California Civil Code Section 1951.4 (Landlord lessor may continue this Lease lease in effect after Tenant’s Default lessee s breach and abandonment and recover Rent rent as it becomes due, provided tenant if lessee has the right to sublet or assign, subject only to reasonable limitations). Accordingly, if Landlord does not elect to terminate this Lease on account of any event of default by Tenant. Landlord may from time to time without terminating this Lease enforce all of its rights and remedies under this Lease, including the right to recover all rent as it becomes due.

Appears in 2 contracts

Sources: Office Lease (Zoom Video Communications, Inc.), Office Lease (Zoom Video Communications, Inc.)

Continuation of Lease. In the event of any Default by ----------------------- Tenant, then in addition to any other remedies available to Landlord at law or in equity and under this Lease, Landlord shall have the remedy described in California Civil Code Section 1951.4 (Landlord may continue this Lease in effect after Tenant’s 's Default and abandonment and recover Rent as it becomes due, provided tenant has the right to sublet or assign, subject only to reasonable limitations).

Appears in 2 contracts

Sources: Lease (Kyphon Inc), Lease (Kyphon Inc)

Continuation of Lease. In the event of any Default by Tenant, then --------------------- in addition to any other remedies available to Landlord at law or in equity and under this Lease, Landlord shall have the remedy described in California Civil Code Section 1951.4 (Landlord may continue this Lease in effect after Tenant’s 's Default and abandonment and recover Rent as it becomes due, provided tenant Tenant has the right to sublet or assign, subject only to reasonable limitations).

Appears in 1 contract

Sources: Sub Lease Agreement (Globalcenter Inc)

Continuation of Lease. In the event of any Default by Tenant, then in addition to any other remedies available to Landlord at law or in equity and under this Lease, Landlord shall have the remedy described in California Civil Code Section 1951.4 (Landlord may continue this Lease in effect after Tenant’s 's Default and abandonment and recover Rent as it becomes due, provided tenant Tenant has the right to sublet or and assign, subject only to reasonable limitations).

Appears in 1 contract

Sources: Lease Agreement (MMC Networks Inc)

Continuation of Lease. In the event of any Default by Tenantthe occurrence of an Event of Default, then in addition to any other remedies available to Landlord at law or in equity and under this Lease, Landlord shall have the remedy described in California Civil Code Section 1951.4 (Landlord may continue this Lease in effect after Tenant’s the occurrence of an Event of Default and abandonment and recover Rent as it becomes due, provided tenant Tenant has the right to sublet or assign, subject only to reasonable limitations).

Appears in 1 contract

Sources: Lease Agreement (Silicon Graphics Inc)

Continuation of Lease. In the event of any Default by --------------------- Tenant, then in addition to any other remedies available to Landlord at law or in equity and under this Lease, Landlord shall have the remedy described in California Civil Code Section 1951.4 (Landlord may continue this Lease in effect after Tenant’s 's Default and abandonment and recover Rent as it becomes due, provided tenant has the right to sublet or assign, subject only to reasonable limitations).

Appears in 1 contract

Sources: Lease (Sonicwall Inc)

Continuation of Lease. In the event of any Default by Tenant, then in --------------------- addition to any other remedies available to Landlord at law or in equity and under this Lease, Landlord shall have the remedy described in California Civil Code Section 1951.4 (Landlord may continue this Lease in effect after Tenant’s 's Default and abandonment and recover Rent as it becomes due, provided tenant has the right to sublet or assign, subject only to reasonable limitations).

Appears in 1 contract

Sources: Lease (Adaptive Broadband Corp)

Continuation of Lease. In the event of any Default by Tenant, --------------------- then in addition to any other remedies available to Landlord at law or in equity and under this Lease, Landlord shall have the remedy described in California Civil Code Section 1951.4 (Landlord may continue this Lease in effect after Tenant’s 's Default and abandonment and recover Rent as it becomes due, provided tenant has the right to sublet or assign, subject only to reasonable limitations).

Appears in 1 contract

Sources: Industrial Multi Tenant Lease (Cost U Less Inc)

Continuation of Lease. In hi the event of any Default by Tenant, then in addition to any other remedies available available-to Landlord at law or in equity and under this Lease, Landlord Landlprd shall have the remedy described in California Civil Code Section 1951.4 (Landlord may continue this Lease in effect after Tenant’s 's Default and abandonment and recover Rent as it becomes due, provided tenant has the right to sublet or assign, subject only to reasonable limitations).

Appears in 1 contract

Sources: Industrial Lease (Singing Machine Co Inc)

Continuation of Lease. In the event of any Default by Tenant, --------------------- then in addition to any other remedies available to Landlord at law or in equity and under this Lease, Landlord shall have the remedy described in California Civil Civil-Code Section 1951.4 or any successor statute or law thereto (Landlord may continue this Lease in effect after Tenant’s 's Default and abandonment and recover Rent as it becomes due, provided tenant Tenant has the right to sublet or assign, subject only to reasonable limitations).

Appears in 1 contract

Sources: Sublease Agreement (Scios Inc)

Continuation of Lease. In the event of any Event of Default by Tenant, then in addition to any other remedies available to Landlord at law or in equity and under this Lease, Landlord shall have the remedy described in California Civil Code Section 1951.4 (Landlord may continue this Lease in effect after Tenant’s Event of Default and abandonment and recover Rent as it becomes due, provided tenant has the right to sublet or assign, subject only to reasonable limitations).

Appears in 1 contract

Sources: Industrial Lease (Aviragen Therapeutics, Inc.)

Continuation of Lease. In the event of any Default by Tenant, then in addition to any other remedies available to Landlord at law or in equity and under this Lease, 20 Landlord shall have the remedy described in California Civil Code Section 1951.4 (Landlord may continue this Lease in effect after Tenant’s 's Default and abandonment and recover Rent as it becomes due, provided tenant has the right to sublet or assign, subject only to reasonable limitations).

Appears in 1 contract

Sources: Lease (Harmonic Inc)

Continuation of Lease. In the event of any Default by Tenant, then in addition to any other remedies available to Landlord at law or in equity and under this Lease, Landlord shall have the remedy described in California Civil Code Section 1951.4 (Landlord may continue this Lease in effect after Tenant’s 's Default and abandonment and abandonmentand recover Rent as it becomes due, provided tenant has the right to sublet or assign, subject only to reasonable limitations).

Appears in 1 contract

Sources: Industrial Lease (Abgenix Inc)

Continuation of Lease. In the event of any Default by Tenant, then in --------------------- addition to any other remedies available to Landlord at law or in equity and under this Lease, Landlord shall have the remedy described in California Civil Code Section 1951.4 (Landlord may continue this Lease in effect after Tenant’s 's Default and abandonment and recover Rent as it becomes due, provided tenant Tenant has the right to sublet or assign, subject only to reasonable limitations).

Appears in 1 contract

Sources: Sublease (MMC Networks Inc)