Commercial Lease Contract - Triple Net Page 7

Download a blank fillable Commercial Lease Contract - Triple Net in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Commercial Lease Contract - Triple Net with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

ADVERTISEMENT

expenses of such reletting, including, but not limited, attorney's fees, advertising fees and
brokerage fees, and to the payment of any repairs, renovation, remodeling, redecorations,
alterations and changes in the Premises: third, to the payment of rent and additional rent due and
payable hereunder and interest thereon; and, if after applying said rentals there is any deficiency in
the rent and additional rent and interest to be paid by Tenant under this Lease, Tenant shall pay any
such deficiency to Landlord and such deficiency shall be calculated and collected by Landlord
monthly. No such re-entry or taking possession of said Premises shall be construed as an election
on Landlord's part to terminate this Lease unless a written notice of such intention is given to
Tenant. Notwithstanding any such reletting without termination, Landlord may at any time
terminate this Lease by reason of any default, in addition to any other remedy it may have, it may
recover from Tenant the worth at the time of such termination of the excess of the amount of rent
and additional rent reserved in this Lease for the balance of the Term over the then reasonable
rental value of the Premises for the same period. Landlord shall have the right and remedy to seek
redress in the courts at any time to correct or remedy any default of Tenant by injunction or
otherwise, without such resulting or being deemed a termination of this Lease, and Landlord,
whether this Lease has been or is terminated or not, shall have the absolute right by court action or
otherwise to collect any and all amounts of unpaid rent or unpaid additional rent or any other sums
due from Tenant to Landlord under this Lease which were or are unpaid at the date of termination.
If it is necessary for Landlord to bring any action under this Lease, to consult with an attorney
concerning or for the enforcement of any of Landlord's rights, then Tenant agrees in each and any
such case to pay to Landlord, Landlord's reasonable attorney's fees. In addition to the remedies set
forth herein, Tenant shall pay a late charge in the amount of
% of any payment due
hereunder which remains unpaid on the tenth day after same is otherwise due hereunder. Said late
charge shall be deemed additional rent, and the assessment or collection of same shall not limit or
delay Landlord's pursuit of any remedy arising hereunder upon Tenant's default.
27.
WAIVER. The rights and remedies of Landlord under this Lease, as well as those
provided by law, shall be cumulative, and none shall be exclusive of any other rights or remedies.
A waiver by Landlord of any breach or default of Tenant shall not be deemed or construed to be a
continuing waiver of such breach or default nor as a waiver of or permission, expressed or implied,
for any subsequent breach or default. It is agreed that the acceptance by Landlord of any
installment of rent subsequent to the date the same should have been paid shall not alter the
covenant and obligation of Tenant to pay subsequent installments of rent promptly upon the due
date. Receipt by Landlord of partial payment after Tenant's default shall not be construed to be or
constitute a cure of any such default. No receipt of money by Landlord before or after the
termination of this Lease shall in any way reinstate, continue or extend the term above demised.
28.
TOXIC OR HAZARDOUS MATERIALS. Tenant shall not store, use or dispose of any
toxic or hazardous materials in, on or about the Premises without the prior written consent of
Landlord. Tenant, at its sole cost, shall comply with all laws relating to Tenant's storage, use and
disposal of hazardous or toxic materials. Tenant shall be solely responsible for and shall defend,
indemnify and hold Landlord, its agents and employees, harmless from and against all claims, costs
and liabilities, including attorney's fees and costs, arising out of or in connection with the Tenant
storage, use or disposal of any toxic or hazardous material in, on or about the Premises including,
but not limited to, removal, clean-up and restoration work and materials necessary to return the
Premises, and any other property of whatever nature located on the Premises, to their condition
existing prior to the appearance of toxic or hazardous materials on the Premises. Tenant's
obligations under this paragraph shall survive the termination of this Lease.
Commercial Triple Net Lease 2010
Page 7 of 9

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Business
Go
Page of 9