Sublessor’s Remedies Sample Clauses

Sublessor’s Remedies. Upon the occurrence of an Event of Default, Sublessor may proceed at its option: (i) to keep this Agreement in effect, reserving its right to proceed later for the remaining installments of rent as they become due, and at Sublessor’s option, proceed for specific performance and/or an injunction to enforce specific provisions of this Agreement; or (ii) declare all of the unpaid installments of monthly rent for the remainder of the term at once due and payable, with each monthly rent installment being discounted to present value at the rate of 3% per annum (the “Discount Rate”), whereupon this entire amount shall become and be immediately due and payable, with this Agreement remaining in effect, Subtenant remaining obligated to perform all other obligations this Agreement, and Sublessor reserving the right to collect all additional amounts that become due; (iii) terminate this Agreement by notice to Subtenant, and in that event, this Agreement will terminate on the date designated by Sublessor in its termination notice, and Subtenant will remain liable as provided below; and/or (iv) enforce any or all other rights or remedies provided in this Agreement or permitted by law. All rights and remedies of Sublessor under this Agreement shall be cumulative, and none shall exclude any other right or remedy allowed by this Agreement or by law. If Sublessor elects option (iii) and terminates this Agreement, then Sublessor may release the Subleased Premises for such price and on such terms as may be immediately obtainable, and Subtenant will be and remain liable, not only for all rent due and other obligations incurred up to the termination date of this Lease and for all damages that accrue until Subtenant vacates or is removed from the Subleased Premises, but also for stipulated or liquidated damages for its nonperformance equal to the sum of (a) all expenses that Sublessor incurs in re-entering and re-possessing the Subleased Premises, putting the Subleased Premises in proper repair, curing Subtenant’s defaults, removing improvements and Subtenant’s property and reletting the Subleased Premises, including reasonable attorney’s fees and disbursements, actual sheriff’s fees, and market-rate brokerage fees incurred in this re-leasing, plus the amount by which the aggregate of all monthly rent that Sublessor was to have received under this Agreement from the date on which Subtenant vacated or was removed from the Subleased Premises to the term expiration, exceeds the fai...

Sublessor’s Remedies. In the event Sublessee shall breach any provision of this Sublease, Sublessor shall have all rights and remedies as against Sublessee as are available to Landlord under the Lease upon the occurrence of an Event of Default thereunder.

Sublessor’s Remedies. Sublessor shall have the remedies set forth in the Master Lease as if Sublessor is Master Lessor. These remedies are not exclusive; they are cumulative and in addition to any remedies now or later allowed by law.

Sublessor’s Remedies. Sublessor shall have the following remedies if Subtenant commits a default or breach under this Sublease, these remedies are not exclusive, but are cumulative and in addition to any remedies provided elsewhere in this Sublease, or now or later allowed by law.

Sublessor’s Remedies. With respect to any Event of Default, (notwithstanding any waiver, license or indulgence granted by Sublessor with respect to the same or any other default in any former instance), Sublessor shall have the right, then or at any time thereafter that said default remains uncured, at its sole election: (a) to terminate this Lease by written notice to Sublessee, which termination shall take effect on the date of delivery of said notice or on any later date (on or prior to the expiration of the then-current portion of the Term) specified in Sublessor’s termination notice; or (b) to enter upon and take possession of the Premises pursuant to judicial process. Sublessor’s repossession of the Premises under this Article shall not be construed to effect a termination of this Lease, unless Sublessor sends Sublessee a written notice of termination as required hereunder.

Sublessor’s Remedies. None of the provisions contained in this Sublease shall limit Sublessor’s ability to take any and all legal and equitable remedies available to Sublessor under Ohio law for non-payment or late payment of rent, or any other default or violation of this Sublease. Without limiting the foregoing, Sublessor may, without terminating this Sublease and relieving Sublessees of obligations hereunder, dispossess Sublessees or any one of them for violation of the terms hereof.

Sublessor’s Remedies. In the event of any default on the part of Sublessee under any of the terms, provisions, covenants or agreements of the Master Lease or of this Sublease and Sublessee's failure to cure any such default within the applicable notice and cure period as stated in the Master Lease or this Sublease, Sublessor shall have the same rights and remedies against Sublessee under this Sublease as are available to the Overlandlord against Sublessor under the provisions of the Master Lease including, but not limited to, those under Paragraph XIV of the Master Lease.

Sublessor’s Remedies. In the event of any Default and/or Breach on the part of Sublessee under any of the terms, provisions, covenants or agreements of the Lease or of this Sublease, Sublessor shall have the same rights and remedies against Sublessee under this Sublease as are available to the Lessor against Lessee under the provisions of the Lease including, but not limited to, those under paragraph 13 of the Lease. Without limiting the foregoing, the occurrence of any of the following events shall also constitute a Breach under this Sublease, and Sublessor shall have all rights and remedies available under the Lease to Lessor in the event of a Breach as a result of: (a) The failure of Sublessee to cause the amount of the Letter of Credit to be increased as and when required in accordance with the requirements of section 2.5(b) above, where such failure continues for a period of three (3) business days following written notice to Sublessee, or (b) Upon the election of Sublessor, in the event that no later than thirty (30) days prior to the then applicable expiration date of the Letter of Credit, neither (1) the Bank shall have notified Sublessor that the Letter of Credit will be renewed for at least one (1) year beyond the then applicable expiration date, nor (2) Sublessee shall have delivered to Sublessor a replacement Letter of Credit in the amount required hereunder and otherwise meeting the requirements set forth in section 2.5 above.

Sublessor’s Remedies. Sublessor can elect to retain or dispose of in any manner any alterations or Club's personal property that Club does not remove from the Premises on expiration or termination of the Sublease as allowed or required by this Sublease, by giving at least 10 days' notice to Club. Title to any such alterations or Club's personal property that Sublessor elects to retain or dispose of on expiration of the 10-day period shall vest in Sublessor. Club waives all claims against Sublessor for any damage to Club resulting from Sublessor's retention or disposition of any such alterations or Club's personal property. Club shall be liable to Sublessor for Sublessor's costs for storing, removing, and disposing of any alterations or Club's personal property.