Common use of Lessor's Option Clause in Contracts

Lessor's Option. If Lessee is in default of any of the terms or conditions under this Lease, Lessor may demand performance in writing. If thirty (30) days elapse after such notice and no performance has occurred, then Lessor shall have the right to declare the Lease forfeited, and to re-let the Premises. It is understood and agreed that each and all of the remedies given Lessor under this Lease are cumulative and that the exercise of one right or remedy by Lessor shall not impair its right to any other remedy.

Lessor's Option. If Lessee is in default of any of the terms or conditions under this Lease, Lessor may demand performance in writing. If thirty (30) days elapse after such notice and no performance has occurred, then Lessor shall have the right to declare the Lease forfeited, and to re-let the Premises. It is understood and agreed that each and all of the remedies given Lessor under this Lease are cumulative and that the exercise of one right or remedy by Lessor shall not impair its right to any other remedy.. ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇,