Default and Damages. In the event that rental payments are not paid as agreed upon or ▇▇▇▇▇▇ fails to strictly abide with any of the terms of this Lease, Lessor may, at its option, initiate legal action as provided under the laws of the State of Michigan. In such case Lessee, as additional rent, promises to pay Lessor an amount equal to any filing fee, service fee, judgment fee, attorney fee allowed by law, or other court cost incurred by ▇▇▇▇▇▇. ▇▇▇▇▇▇ agrees to strictly abide by all terms of this lease, and any violation of the terms of this Lease, including but not limited to nonpayment of rent, shall be construed as a material breach of this Lease. In the event that Lessor exercised its option to terminate the Lease under such circumstances, the Lessee will continue to pay rent until the premises is re-rented. Lessor promises that it will use its best efforts to re-rent the premises during the remainder of the term above specified to mitigate or reduce that amount of rent owed by ▇▇▇▇▇▇ during the remainder of the term.
Appears in 2 contracts
Sources: Lease Agreement, Lease Agreement