Default in Payment of Rent. In the event of a default for a period of ten (10) days in the payment of rent, the Lessor, without prejudice to any other rights or remedies that it may have, shall have the right, immediately or at any time thereafter, to re-enter the premises and remove all persons and property from the premises and relet the premises and hold the Lessee responsible for any loss in rental or other losses the Lessor may suffer as a result of such default. Notwithstanding any such reletting without termination, the Lessor may, at any time after the occurrence of any default set out in this paragraph, elect to terminate this lease and terminate it by giving written notice to that effect to the Lessee.
Appears in 3 contracts
Sources: Office/Warehouse Lease Agreement, Office/Warehouse Lease Agreement, Office/Warehouse Lease Agreement (Pokertek Inc)