Common use of Action or Defense by Tenant Clause in Contracts

Action or Defense by Tenant. Any claim, demand or right of defense of any kind by Tenant that Is based upon or arises in any connection with this Lease or negotiations prior to its execution shall be barred unless Tenant commences an action thereon or initiates a legal proceeding or defense by reason thereof within six (6) months after the date Tenant knew or a reasonably diligent tenant would have known of the event, act or omission giving rise to such claim, demand, or right of defense. Tenant acknowledges and understands that, after having had an opportunity to consult with legal counsel, the purpose of this paragraph is to shorten the time period within which Tenant would otherwise have to raise such claims, demands or rights of defense.

Appears in 2 contracts

Samples: Mabvax Therapeutics Holdings, Inc., Mabvax Therapeutics Holdings, Inc.

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Action or Defense by Tenant. Any claim, demand or right of defense of any kind by Tenant that Is is based upon or arises in any connection with this Lease or negotiations prior to its execution shall be barred unless Tenant commences an action thereon or initiates a legal proceeding or defense by reason thereof within six (6) months after the date Tenant knew or a reasonably diligent tenant would have known of the occurrence of the event, act or omission giving rise to such which the claim, demand, demand or right of defensedefense relates. Tenant acknowledges and understands that, after having had an opportunity to consult with legal counsel, the purpose of this paragraph is to shorten the time period within which Tenant would otherwise have to raise such claims, demands or rights of defense.

Appears in 2 contracts

Samples: Industrial Net Lease (Halozyme Therapeutics Inc), Jmar Technologies Inc

Action or Defense by Tenant. Any claim, demand or right of defense of any kind by Tenant that Is is based upon or arises in any connection with this the Lease or negotiations prior to its execution shall be barred unless Tenant commences an action thereon or initiates a legal proceeding or defense by reason thereof within six (6) months after the date Tenant knew or a reasonably diligent tenant would have known of the occurrence of the event, act or omission giving rise to such which the claim, demand, demand or right of defensedefense relates. Tenant acknowledges and understands that, after having had an opportunity to consult with legal counsel, the purpose of this paragraph is to shorten the time period within which Tenant would otherwise have to raise such claims, demands or rights of defense.

Appears in 2 contracts

Samples: Sublease Agreement (Tenby Pharma Inc), Industrial Net Lease (Avanir Pharmaceuticals)

Action or Defense by Tenant. Any claim, demand demand, right or right of defense of any kind by Tenant that Is is based upon or arises in any connection with this the Lease or negotiations prior to its execution shall be barred unless Tenant commences an action thereon or initiates a legal proceeding or defense by reason thereof within six (6) months after the date Tenant knew or a reasonably diligent tenant would have known of the occurrence of the event, act or omission giving rise to such which the claim, demand, right or right of defensedefense relates. Tenant acknowledges and understands that, after having had an opportunity to consult with legal counsel, the purpose of this paragraph is to shorten the time period within which Tenant would otherwise have to raise such claims, demands or rights of defense.

Appears in 2 contracts

Samples: Standard Lease (Sophiris Bio Inc.), Standard Lease (Sophiris Bio Inc.)

Action or Defense by Tenant. Any claim, demand or right of defense of any kind by Tenant that Is is based upon or arises in any connection with this Lease or negotiations prior to its execution shall be barred unless Tenant Txxxxx commences an action thereon or initiates a legal proceeding or defense by reason thereof within six (6) months after the date Tenant knew or a reasonably diligent tenant would have known of the occurrence of the event, act or omission giving rise to such which the claim, demand, demand or right of defensedefense relates. Tenant Txxxxx acknowledges and understands that, after having had an opportunity to consult with legal counsel, the purpose of this paragraph is to shorten the time period within which Tenant would otherwise have to raise such claims, demands or rights of defense.. 24.2

Appears in 1 contract

Samples: Aethlon Medical Inc

Action or Defense by Tenant. Any claim, demand or right of defense of any kind by Tenant that Is is based upon or arises in any connection with this Lease or negotiations prior to its execution shall be barred unless Tenant Xxxxxx commences an action thereon or initiates a legal proceeding or defense by reason thereof within six (6) months after the date Tenant knew or a reasonably diligent tenant would have known of the occurrence of the event, act or omission giving rise to such which the claim, demand, demand or right of defensedefense relates. Tenant Xxxxxx acknowledges and understands that, after having had an opportunity to consult with legal counsel, the purpose of this paragraph is to shorten the time period within which Tenant would otherwise have to raise such claims, demands or rights of defense.

Appears in 1 contract

Samples: CardioVascular BioTherapeutics, Inc.

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Action or Defense by Tenant. Any claim, demand or right of defense of any kind by Tenant that Is is based upon or arises in any connection with this Lease or negotiations prior to its execution shall be barred unless Tenant commences an action thereon or initiates a legal proceeding or defense by reason thereof within six (6) months after the date Tenant knew or a reasonably diligent tenant would should have known of the occurrence of the event, act or omission giving rise to such which the claim, demand, demand or right of defensedefense relates. Tenant acknowledges and understands that, after having had an opportunity to consult with legal counsel, the purpose of this paragraph is to shorten the time period within which Tenant would otherwise have to raise such claims, demands or rights of defense.

Appears in 1 contract

Samples: Lease (Locust Walk Acquisition Corp.)

Action or Defense by Tenant. Any claim, demand demand, right or right of defense of any kind by Tenant that Is is based upon or arises in any connection with this the Lease or negotiations prior to its execution shall be barred unless Tenant commences an action thereon or initiates a legal proceeding or defense by reason thereof within six one (61) months year after the date Tenant knew or a reasonably diligent tenant would have known of the occurrence of the event, act or omission giving rise to such which the claim, demand, right or right of defensedefense relates. Tenant acknowledges and understands that, after having had an opportunity to consult with legal counsel, the purpose of this paragraph is to shorten the time period within which Tenant would otherwise have to raise such claims, demands or rights of defense.

Appears in 1 contract

Samples: Industrial Lease (Brooks Automation Inc)

Action or Defense by Tenant. Any claim, demand demand, right or right of defense of any kind by Tenant that Is is based upon or arises in any connection with this the Lease or negotiations prior to its execution shall be barred unless Tenant commences an action thereon or initiates a legal proceeding or defense by reason thereof within six (6) months after the date Tenant knew or a reasonably diligent tenant would have known of the occurrence of the event, act or omission giving rise to such which the claim, demand, right or right of defensedefense relates. Tenant acknowledges and understands that, after having had an opportunity to consult with legal counsel, the purpose of this paragraph is to shorten the time period within which Tenant would otherwise have to raise such claims, demands or rights of defense.

Appears in 1 contract

Samples: Industrial Net Lease (Mitokor)

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