Common use of DEFAULT OF LESSEE Clause in Contracts

DEFAULT OF LESSEE. In the event of any default by Lessee under the terms of this Lease, then the following provisions may apply: A. Administration Charges, NSF Checks ---------------------------------- A Fifty ($50.00) Dollars bank administration charge shall apply to all Lessee's NSF checks or other checks not accepted by Lessee's or Lessor's respective banks. B. Indemnity --------- In the event that Lessor is required to retain or engage the services of an attorney to enforce performance or the fulfillment by Lessee of the obligations incumbent upon it hereunder, Lessor shall be entitled to demand from Lessee without prejudice, all judicial costs otherwise payable by Lessor. In addition, an amount or fifteen percent (15%) shall be paid by Lessee to Lessor for additional administrative expenses incurred in connection with enforcing performance and fulfillment by Lessee. C. Possession ---------- In the event that, as a result of Lessee's breach and failure to perform or execute any of its obligations under the present Lease, Lessor elects to cancel and terminate this Lease, Lessor shall have the right to enter into and take possession of the Premises and change the locks thereof, and restrict Lessee's access to the Building.