Lessor’s Right to Remedy Sample Clauses

The Lessor’s Right to Remedy clause grants the lessor the authority to address and correct any breaches or defaults by the lessee under the lease agreement. Typically, this clause allows the lessor to step in and take necessary actions—such as making repairs, paying overdue amounts, or fulfilling other obligations—if the lessee fails to do so within a specified period after notice. The costs incurred by the lessor in remedying the default are usually recoverable from the lessee. This clause ensures that the property or contractual obligations are maintained and protects the lessor from ongoing harm or loss due to the lessee’s inaction.
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Lessor’s Right to Remedy. If Lessee fails to comply with any provision of this Agreement, Lessor may, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of Lessor to treat such failure as an Event of Default, upon notice to Lessee (unless notice is prohibited by law) effect compliance on behalf of Lessee, whereupon Lessee shall indemnify Lessor in respect of any amount thereby expended by Lessor, together with all costs and expenses (including legal costs) in connection therewith.
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Lessor’s Right to Remedy. If Lessee should fail to make any payment or cure any default under this Lease within the time period (if any) provided for in Article 31.1, above, Lessor, without being under any obligation to do so and without thereby waiving such default, may make such payment and/or remedy such other default for the account of Lessee (and enter the Leased Premises for such purpose), and thereupon Lessee shall be obligated to, and hereby agrees to, pay Lessor, upon demand, all costs, expenses and disbursements (including, but not limited to, reasonable attorney’s fees) incurred by Lessor in taking such remedial action.
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Lessor’s Right to Remedy. Upon an Event of Default (or in the event Lessee fails to pay any Basic Rent, Supplemental Rent or fails to maintain any insurance coverages required by this Agreement and in each such case, an Event of Default has not yet occurred), Lessor may, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of Lessor to treat such failure as an Event of Default, effect compliance on behalf of Lessee, whereupon Lessee shall indemnify Lessor in respect of any amount thereby expended by Lessor, together with all costs and expenses (including legal costs) in connection therewith.
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Lessor’s Right to Remedy. If Lessee shall at any time be in default in fulfilling any of the covenants of this Lease as set forth in Subparagraph 13 (a) (other than the covenants for the payment of Rent or other charges payable by Lessee to Lessor hereunder), Lessor may, but shall not be obligated to do so, and without notice to or demand upon Lessee, take or cause to be taken such action or make such payment, as may be required by such covenants, at Lessee’s risk and expense, and all reasonable expenses, costs and liabilities of Lessor incurred in taking such action or making such payment shall be deemed Additional Rent hereunder and shall be payable to Lessor on demand with interest at the rate of eighteen percent (18%) per annum. In case of re-entry, or of the termination of this Lease, whether by summary proceedings or otherwise, Lessee shall remain liable for the balance of said Term, whether Premises be relet or not, and for reasonable expenses to which Lessor may be put in re-entering, including preservation of the demised Premises, less however, the amounts received under the re-let after deducting brokers’ commissions of the reletting. Any such reletting may be for a term exceeding or less than the period of this Lease or the existing renewal term. Lessor shall not be liable for failure to relet the Premises, and in the event of reletting, for failure to collect the rent under such reletting; provided, however, Lessor shall use diligent efforts to mitigate its damages.
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Lessor’s Right to Remedy. Following the occurrence of an Event of Default, Lessor may, without being in any way obliged to do so or responsible for so doing and without prejudice to the ability of Lessor to treat such non-compliance as an Event of Default, effect compliance on behalf of Lessee, whereupon Lessee shall become liable to pay immediately any sums expended by Lessor together with all costs and expenses (including legal costs) in connection with the non-compliance.
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Lessor’s Right to Remedy. If the Lessee fails to comply with any provision of this Agreement: (a) the Lessor may, without being obliged to do so and without prejudicing its right to treat that failure as an Event of Default, procure that the provision is complied with on behalf of the Lessee; and (b) the Lessee shall indemnify the Lessor immediately on demand for any amounts paid by the Lessor (including legal costs) in connection with that failure.
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Lessor’s Right to Remedy. If Lessee fails to make any payment of Rent, or fails to perform or comply with any of its obligations hereunder, Lessor will have the right, but not the obligation, at its election and without waiver of any of its rights or remedies against Lessee, upon notice to Lessee, to perform or comply with obligation and/or to pay such amount, and the amount of such payment and any reasonable and documented out-of-pocket expenses incurred by Lessor in connection with such payment or the performance of such obligation together with interest at the Default Rate, will be payable by Lessee to Lessor upon demand. The taking of any action by Lessor pursuant to this Clause 20.10 will not constitute a waiver or release of any obligation of Lessee under any this Agreement nor a waiver of any Default which may arise out of Lessee’s non- performance of such obligation, nor an election or waiver by Lessor of any right or remedy available to Lessor under or in relation to this Agreement.
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Lessor’s Right to Remedy. If Lessee fails to comply with any of its obligations under any Lease, Lessor may, without being obliged to do so, or responsible for so doing, and without prejudice to its right to treat that non-compliance as an Event of Default, effect compliance on Lessee’s behalf, and if Lessor incurs any expenditure in doing so, Lessor shall be entitled to recover such expenditure from Lessee together with interest thereon at the Default Rate from the date upon which such expenditure is incurred by Lessor until the date of reimbursement thereof by Lessee (both before and after any relevant judgment).
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Related to Lessor’s Right to Remedy

  • Lessor’s Right to Inspect Lessee shall permit Lessor and its authorized representatives as frequently as reasonably requested by Lessor to inspect the Leased Property and Lessee’s accounts and records pertaining thereto and make copies thereof, during usual business hours upon reasonable advance Notice, subject only to any business confidentiality requirements reasonably requested by Lessee.

  • Lessor’s Rights If Lessee fails to perform Lessee's obligations under this Paragraph 7, or under any other paragraph of this Lease, Lessor may at its option (but shall not be required to) enter upon the Premises after ten (10) days' prior written notice to Lessee (except in the case of an emergency, in which case no notice shall be required), perform such obligations on Lessee's behalf and put the same in good order, condition and repair, and the cost thereof together with interest thereon at the maximum rate then allowable by law shall become due and payable as additional rental to Lessor together with Lessee's next rental installment.

  • Lessor's Right to Perform for Lessee If Lessee fails to make any payment of Rent required to be made by it hereunder or fails to perform or comply with any of its agreements contained herein, then (but in each case, except in the case of failure to pay Rent or in the case of failure to maintain insurance as required hereunder, no earlier than the fifteenth day after the occurrence of such failure, whether or not it shall yet constitute an Event of Default hereunder) Lessor may itself make such payment or perform or comply with such agreement but shall not be obligated hereunder to do so, and the amount of such payment and the amount of the reasonable expenses of Lessor incurred in connection with such payment or the performance of or compliance with such agreement, as the case may be, together with interest thereon at the Past Due Rate, shall be deemed Supplemental Rent, payable by Lessee upon demand.

  • LESSOR'S RIGHT OF ENTRY The Lessor or the Lessor's agent may enter at reasonable hours to inspect or show the Premises to prospective lenders and purchasers, and to do anything the Lessor may be required to do hereunder or which the Lessor may deem necessary for the good of the Premises or any building of which they are apart. During the last [#] days of the Term, the Lessor may display a "For Rent" sign on the Premises and show the Premises to prospective lessees.

  • Lessor’s Remedies In the event Lessee is in default pursuant to the conditions set forth in Section 15.01 above, Lessor, during the continuation of such default, shall have the option of pursuing either of the following remedies: (a) Lessor may terminate this Lease Agreement, in which event Lessee immediately shall surrender possession of the Demised Premises. All obligations of Lessee under the Lease Agreement, including Lessee’s obligation to pay rent under the Lease Agreement, shall cease upon the date of termination except for Lessee’s obligation to pay rent due and outstanding as of the date of termination. (b) Lessor, without terminating the Lease Agreement, may require Lessee to remove all property from the Common Improvements within thirty (30) days so that Lessor may re-enter and relet the premises to minimize Lessor’s damages. In the event Lessee shall fail to remove all property within thirty (30) days after said demand, Lessor shall be entitled to remove Lessee’s property to a storage facility, and all reasonable costs of such removal and storage shall be deemed additional rent under the Lease Agreement for which Lessee is responsible for payment. Lessor may enforce all of its rights and remedies under this Lease Agreement, including the right to recover the rent as it becomes due hereunder, provided that Lessor shall have an affirmative obligation to use Lessor’s best efforts to re-let the Common Improvements and to mitigate its damages under the Lease Agreement. (c) If this Lease Agreement is terminated as set forth, Lessor may relet the Common Improvements (or any portion thereof) for such rent and upon such terms as Lessor is able to obtain (which may be for lower or higher rent, and for a shorter or longer term), and Lessee shall be liable for all damages sustained by Lessor, including but not limited to any deficiency in Rent for the duration of the Lease Term (or for the period of time which would have remained in the Lease Term in the absence of any termination, leasing fees, attorneys’ fees, other marketing and collection costs and all expenses of placing the Common Improvements in first class rentable condition). (d) Nothing contained herein diminishes any right Lessor may have under South Carolina law to ▇▇▇ Lessee for damages in the event of any default by Lessee under this Lease Agreement, or from pursuing any other remedy available to Lessor at law or in equity.