Common use of Continuation of the Lease Clause in Contracts

Continuation of the Lease. Even though Redeveloper has ------------------------- breached this Lease and abandoned the Property, at Agency's option this Lease shall continue in effect for so long as Agency does not terminate Redeveloper's right to possession, and Agency may enforce all of its rights and remedies hereunder, including the right to recover rent as it comes due under this Lease, and in such event Agency will permit Redeveloper to sublet the Property or to assign its interest in the Lease, or both, with the consent of Agency,which consent will not unreasonably be withheld provided the proposed assignee or sublessee is reasonably satisfactory to Agency as to credit and reputation and will occupy the Property for the same purposes specified herein. For purposes of this subsection, the following shall not constitute a termination of Redeveloper's right to possession: (i) acts of maintenance or preservation or efforts to relet the Property; or (ii) the appointment of a receiver under the initiative of Agency to protect Agency's interest under this Lease.

Continuation of the Lease. Even though Redeveloper has ------------------------- breached this Lease and abandoned the Property, at Agency's option this Lease shall continue in effect for so long as Agency does not terminate Redeveloper's right to possession, and Agency may enforce all of its rights and remedies hereunder, including the right to recover rent as it comes due under this Lease, and in such event Agency will permit Redeveloper to sublet the Property or to assign its interest in the Lease, or both, with the consent of Agency,which consent will not unreasonably be withheld provided the proposed assignee or sublessee is reasonably satisfactory to Agency as to credit and reputation and will occupy the Property for the same purposes specified herein. For purposes of this subsection, the following shall not constitute a termination of Redeveloper's right to possession: (i) acts of maintenance or preservation or efforts to relet the Property; or (ii) the appointment of a receiver under the initiative of Agency to protect Agency's interest under this Lease.