Common use of Lessor to Mitigate Damages Clause in Contracts

Lessor to Mitigate Damages. (a) If the Lessee vacates the Leased Premises or if the Lessor accepts the ▇▇▇▇▇▇’s repudiation based on the Lessee’s breach of an essential term of this Lease and terminates this Lease, the Lessor must take reasonable steps to mitigate its loss and endeavour to re- lease the Leased Premises on reasonable terms. (b) The entitlement to damages will be assessed on the basis that the Lessor has observed the obligation to mitigate damages. (c) The Lessor’s conduct in mitigating its damages will not of itself constitute acceptance of the breach or repudiation or a surrender by operation of law.

Lessor to Mitigate Damages. (a) If the Lessee vacates the Leased Premises or if the Lessor accepts the ▇▇▇▇▇▇Lessee’s repudiation based on the Lessee’s breach of an essential term of this Lease and terminates this Lease, the Lessor must take reasonable steps to mitigate its loss and endeavour to re- re-lease the Leased Premises on reasonable terms. (b) The entitlement to damages will be assessed on the basis that the Lessor has observed the obligation to mitigate damages. (c) The Lessor’s conduct in mitigating its damages will not of itself constitute acceptance of the breach or repudiation or a surrender by operation of law.

Lessor to Mitigate Damages. (a) If the Lessee vacates the Leased Premises or if the Lessor accepts the ▇▇▇▇▇▇’s repudiation based on the Lessee’s breach of an essential term of this Lease and terminates this Lease, the Lessor must take reasonable steps to mitigate its loss and endeavour to re- lease the Leased Premises on reasonable terms. (b) The entitlement to damages will be assessed on the basis that the Lessor has observed the obligation to mitigate damages. (c) The Lessor’s conduct in mitigating its damages will not of itself constitute acceptance of the breach or repudiation or a surrender by operation of law.by