Common use of No Obligation to Relet Clause in Contracts

No Obligation to Relet. Except as may be required by law, Licensor shall have no obligation to relet the Premises or any part thereof and shall in no event be liable for refusal or failure to do so, or, in the event of any such reletting, for refusal or failure to collect the rent or license fee due upon any such reletting, and no such refusal or failure shall operate to relieve Licensee of any liability under this License Agreement or otherwise to affect any such liability. Licensor, at Licensor's option, may make such repairs, replacements, alterations, additions, improvements, decorations and other physical changes in and to the Premises as Licensor, in its sole discretion, considers advisable or necessary in connection with any such reletting or proposed reletting, without relieving Licensee of any liability under this License Agreement or otherwise affecting any such liability. Licensor may relet on any terms Licensor deems proper and may make such alterations, repairs, replacements, decorations and other physical changes in and to the Premises as Licensor in its sole judgment may then consider advisable. In no event will Licensee be entitled to receive the excess, if any, of rents or other sums collected over the sums payable by Licensee to Licensor under this, License Agreement.