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therefor. Any rent received shall be applied against Tenant's obligations hereunder, but Landlord <br />shall not be responsible or liable for any failure to collect any rent due upon any such reletting. <br />14.5 No termination of this Lease pursuant to Section 14.2 and no Repossession of the <br />Premises pursuant to Section 14.3 or otherwise shall relieve Tenant of its liabilities and <br />obligations under this Lease, all of which shall survive any such termination or Repossession. In <br />the event of any such termination or Repossession, whether or not the Premises shall have been <br />relet, Tenant shall pay to Landlord the Base Rent and other sums and charges to be paid by <br />Tenant up to the time of such termination or Repossession, and thereafter Tenant, until the end of <br />what would have been the Term in the absence of such termination or Repossession, shall pay to <br />Landlord, as and for liquidated and agreed current damages for Tenant's default, the equivalent <br />of the amount of the Rent payable under this Lease by Tenant if this Lease were still in effect, <br />less the net proceeds, if any, of any reletting effected pursuant to the provisions of Section 14.4 <br />after deducting all of Landlord's expenses in connection with such reletting, including, without <br />limitation, all repossession costs, brokerage and management commissions, operating expenses, <br />legal expenses, attorneys' fees, alteration costs, and expenses of preparation for such reletting. <br />Tenant shall pay such current damages to Landlord monthly on the days on which the Rent <br />would have been payable under this Lease if this Lease were still in effect, and Landlord shall be <br />entitled to recover the same from Tenant on each such day. At any time after such termination or <br />Repossession, whether or not Landlord shall have collected any current damages as aforesaid, <br />Landlord shall be entitled to recover from Tenant, and Tenant shall pay to Landlord on demand, <br />as and for liquidated and agreed final damages for Tenant's default, an amount equal to the then <br />present value of the excess of the Rent and other sums or charges reserved under this Lease from <br />the day of such termination or Repossession for what would be the then unexpired tern if the <br />same had remained in effect, over the amount of rent Tenant demonstrates that Landlord could in <br />all likelihood actually collect for the Premises for the same period, said present value to be <br />arrived at on the basis of a discount of four percent (4 %) per annum. <br />14.6 Landlord shall in no event be considered to be in default of Landlord's obligations <br />hereunder until the expiration of a reasonable time after notice of default from Tenant. <br />15. WAIVER: <br />No waiver by either party of any breach of any agreement herein contained shall operate <br />as a waiver of such agreement itself, or of any subsequent breach thereof. No payment by Tenant <br />or receipt by Landlord of a lesser amount than the monthly installments of rent herein stipulated <br />shall be deemed to be other than on account of the earliest stipulated rent nor shall any <br />endorsement or statement on any check or letter accompanying a check for payment of rent be <br />deemed an accord and satisfaction, nor shall acceptance of rent with knowledge of breach <br />constitute a waiver of the breach, and Landlord may accept such check or payment without <br />prejudice to Landlord's right to recover the balance of such rent, to terminate this Lease, to <br />Repossess the Premises or to pursue any other remedy provided in this Lease. No re -entry by <br />Landlord, and no acceptance by Landlord of keys from Tenant, shall be considered an acceptance <br />of a surrender of the Lease. <br />5 <br />