Action by Landlord Sample Clauses

Action by Landlord. If circumstances occur, or threaten to occur, from which Landlord may reasonably conclude that imminent damage is likely to occur to the property of Tenant, of Landlord, of any other tenant or of any other person, or that substantial threat to life or the safety of individuals will exist, before agents of Tenant can be advised and respond, Landlord, without notice to Tenant, may repair, maintain, deenergize, disconnect or dismantle any or all equipment and/or lines of Tenant and take any other reasonable action which in Landlord's discretion, may appear necessary, with respect to the property of Tenant, or of Landlord, without any liability whatever on the part of Landlord for any damage whatsoever which such action may cause.

Action by Landlord. Landlord shall, within sixty (60) days after its receipt of such notice of a proposed Transfer from Tenant, notify Tenant of Landlord’s response as follows:

Action by Landlord. To implement the rights of Landlord under Paragraph 3.2 hereof, Tenant hereby constitutes and appoints Landlord its true and lawful attorney-in-fact with full power of substitution in the premises to, at its election, after an Event of Default, take possession of the Property without terminating the Lease and to make such corrections, additions, changes and modifications in the Plans and Specifications as may be necessary or desirable in the opinion of Landlord to pursue such construction of the Improvements; to employ such contractors, subcontractors, employees, agents, architects, engineers, watchmen, managers, consultants and inspectors as Landlord may deem appropriate; to pay, settle or compromise all existing bills and claims which may be or become liens against the Property, or any part thereof, or as may be necessary or desirable in the opinion of Landlord for pursuing such construction or for the clearance of title; to prosecute and defend all actions and proceedings in connection with pursuing such construction or in connection with title to the Property; to execute all applications, certificates, or instruments in the name of Tenant which in the opinion of Landlord may be or are required by any governmental authority or contract to pursue construction of the Improvements; and to do any and every act which Tenant might do in its own behalf to pursue construction of the Improvements. Such power of attorney is coupled with an interest and is irrevocable. Landlord as such attorney-in-fact shall also have the power, at its election, after an Event of Default, to prosecute and defend all actions and proceedings in connection with such construction, and to take such action and require such performance under any surety bond or other obligation, and to execute in the name of Tenant such further bonds or obligations, as Landlord may require in connection with the work. Funds disbursed by Landlord in the exercise of its judgment that the same are needed to complete the Improvements or to protect the Property or to fulfill any of Tenant's obligations hereunder or under the Lease are to be added to the Total Project Cost.

Action by Landlord. Without limiting any other right or remedy of Landlord or any obligation of Tenant under this Lease, in the event Tenant fails to make any repair or payment required under this Lease, or fails to perform any other obligation hereunder when required to be performed, then Landlord shall have the right (but not the obligation) to make such repair or payment or to perform such obligation, and Tenant shall reimburse Landlord for any and all costs incurred or sums paid by Landlord within five (5) business days after Landlord's written demand therefor. Landlord agrees that it shall not make any repair or payment or perform any obligation under the foregoing sentence unless Tenant's failure continues beyond any grace period provided under Section 10.1 below, except in ease of emergency or where, in Landlord's good faith judgment, Tenant's failure could constitute a default under the master Lease.

Action by Landlord. No act or conduct of Landlord, including, without limitation, the acceptance of keys to the Premises, shall constitute an acceptance of the surrender of the Premises by Tenant before the expiration of the term. Only a notice from Landlord to Tenant shall constitute acceptance of the surrender of the Premises and accomplish a termination of the Lease.

Action by Landlord. If the Tenant at any time shall fail to pay taxes, insurance premiums, assessments, or liens, to make any payment or perform any act required by this Lease to be made or performed by it, the Landlord, without waiving or releasing the Tenant from any obligation or default under this Lease, may (but shall be under no obligation to) at any time thereafter make such payment or perform such act for the account and at the expense of the Tenant. All sums so paid by the Landlord and all costs and expenses so incurred shall accrue interest at the rate of eighteen (18%) percent, compounded monthly, from the date of payment or incurring thereof by the Landlord and shall constitute Additional Rent payable by the Tenant under this Lease and shall be paid by the Tenant to the Landlord upon demand. Unless otherwise provided herein, all other sums payable by the Tenant to the Landlord under this Lease, if not paid when due, shall accrue interest at the rate of eighteen (18%) percent, compounded monthly, from their due date until paid, said interest to be deemed Additional Rent under this Lease and shall be paid to the Landlord by the Tenant upon demand.