Common use of Lessor's Option Clause in Contracts

Lessor's Option. The occurrence of any one or more of the following events shall constitute a material default and breach of this Lease by ▇▇▇▇▇▇: (A) The vacating or abandonment of the Premises by ▇▇▇▇▇▇ (which shall be conclusively presumed if ▇▇▇▇▇▇ leaves the Premises closed or unoccupied continuously for thirty (30) days). The failure by Lessee to make any payment of rent or any other payment required to be made by as and when due and after ten days written notice to Lessee by Lessor to pay same. The failure by ▇▇▇▇▇▇ to observe or perform any of the covenants, conditions, or provisions of this Lease to be observed or performed by ▇▇▇▇▇▇, other than described in subparagraph (A) and above, where such failure shall continue for a period of thirty (30) days after written notice thereof from Lessor to Lessee. In the event of any such material default or breach by Lessee, Lessor may at any time thereafter, with or without notice or demand and without limiting Lessor in the exercise of any right or remedy which Lessor may have by reason of such default or breach: Terminate ▇▇▇▇▇▇'s right of possession of the Premises by any lawful means, in which case this Lease shall terminate and ▇▇▇▇▇▇ shall immediately surrender possession of the Premises to Lessor. In such event, Lessor shall be entitled to recover from Lessee all damages incurred by Lessor by reason of ▇▇▇▇▇▇'s default, including, but not limited to expenses of reletting, reasonable attorneys' and any real estate commission actually paid; the worth at the time of award by a court having jurisdiction of the unpaid rent which had been earned after termination until the time of such award exceeds the amount of such rental loss that the Lessee proves could have been reasonably avoided; the worth at the time of such award of the amount by which the unpaid rent for the balance of the term after the time of such award exceeds the amount of such rental loss that the Lessee proves could be reasonably avoided; and the portion of any real estate commission payable by Lessor applicable County As Lessee - ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇

Lessor's Option. The occurrence of any one or more of the following events shall constitute a material default and breach of this Lease by ▇▇▇▇▇▇: (A) The vacating or abandonment of the Premises by ▇▇▇▇▇▇ (which shall be conclusively presumed if ▇▇▇▇▇▇ leaves the Premises closed or unoccupied continuously for thirty (30) days). The failure by Lessee to make any payment of rent or any other payment required to be made by Lessee hereunder as and when due and after ten days written notice to Lessee by Lessor to pay same. The failure by ▇▇▇▇▇▇ to observe or perform any of the covenants, conditions, or provisions of this Lease to be observed or performed by ▇▇▇▇▇▇, other than described in subparagraph (A) and above, where such failure shall continue for a period of thirty (30) days after written notice thereof from Lessor to Lessee. In the event of any such material default or breach by Lessee, Lessor may at any time thereafter, with or without notice or demand and without limiting Lessor in the exercise of any right or remedy which Lessor may have by reason of such default or breach: : (1) Terminate ▇▇▇▇▇▇'s right of possession of the Premises by any lawful means, in which case this Lease shall terminate and ▇▇▇▇▇▇ shall immediately surrender possession of the Premises to Lessor. In such event, Lessor shall be entitled to recover from Lessee all damages incurred by Lessor by reason of ▇▇▇▇▇▇'s default, including, but not limited to expenses of reletting, reasonable attorneys' fees, and any real estate commission actually paid; the worth at the time of award by a court having jurisdiction of the unpaid rent which had been earned after termination until the time of such award exceeds the amount of such rental loss that the Lessee proves could have been reasonably avoided; the worth at the time of such award of the amount by which the unpaid rent for the balance of the term after the time of such award exceeds the amount of such rental loss that the Lessee proves could be reasonably avoided; and the portion of any real estate commission payable by Lessor applicable County As Lessee - ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇

Lessor's Option. The occurrence of any one or more of the following events shall constitute a material default and breach of this Lease by ▇▇▇▇▇▇: (A) The vacating or abandonment of the Premises by ▇▇▇▇▇▇ (which shall be conclusively presumed if ▇▇▇▇▇▇ leaves the Premises closed or unoccupied continuously for thirty (30) days). The failure by Lessee to make any payment of rent or any other payment required to be made by Lessee hereunder as and when due and after ten (10) days written notice to Lessee by Lessor to pay same. The failure by ▇▇▇▇▇▇ to observe or perform any of the covenants, conditions, or provisions of this Lease to be observed or performed by ▇▇▇▇▇▇, other than described in subparagraph (A) and above, where such failure shall continue for a period of thirty (30) days after written notice thereof from Lessor to Lessee. In the event of any such material default or breach by Lessee, Lessor may at any time thereafter, with or without notice or demand and without limiting Lessor in the exercise of any right or remedy which Lessor may have by reason of such default or breach: : (1) Terminate ▇▇▇▇▇▇'s right of possession of the Premises by any lawful means, in which case this Lease shall terminate and ▇▇▇▇▇▇ shall immediately surrender possession of the Premises to Lessor. In such event, Lessor shall be entitled to recover from Lessee all damages incurred by Lessor by reason of ▇▇▇▇▇▇'s default, including, but not limited to expenses of reletting, reasonable attorneys' fees, and any real estate commission actually paid; the worth at the time of award by a court having jurisdiction of the unpaid rent which had been earned after termination until the time of such award exceeds the amount of such rental loss that the Lessee proves could have been reasonably avoided; the worth at the time of such award of the amount by which the unpaid rent for the balance of the term after the time of such award exceeds the amount of such rental loss that the Lessee proves could be reasonably avoided; and the portion of any real estate commission payable by Lessor applicable County As Lessee - ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ 0171