Common use of Lessor’s Right to Remedy Clause in Contracts

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.