Common use of Conditional Limitation Clause in Contracts

Conditional Limitation. (a) If Tenant shall default in the payment of the Fixed Rent reserved herein, or any item of Additional Rent herein mentioned, or any part of either on three (3) occasions during any consecutive twelve (12) month period and (i) such default continued for more than five (5) days after written notice of such default by Landlord to Tenant, or (ii) Landlord served upon Tenant petitions and notices of petition to dispossess Tenant by summary proceedings, then, notwithstanding that such defaults may have been cured prior to the expiration of the notice period or the entry of a judgment against Tenant, as the case may be, then if Tenant shall again default in respect of the payment of Fixed Rent or Additional Rent due hereunder within a twelve (12) month period, Landlord may thereafter, at its option, serve a written three (3) day notice of cancellation of this Lease and the Term hereunder shall end and expire as fully and completely as if the expiration of such three (3) day period were the day herein definitely fixed for the end and expiration of this Lease and the Term thereof, and Tenant shall then quit and surrender and demised premises to Landlord, but Tenant shall remain liable as elsewhere provided in this Lease.

Conditional Limitation. (a) If Tenant shall default beyond all applicable notice and cure periods in the payment of the Fixed Rent rent reserved herein, or any item items of Additional Rent Rental herein mentioned, or any part of either on three (3) occasions either, during any consecutive two (2) months, whether or not consecutive, in any twelve (12) month period 12)-month period, and (i) such default continued for more than five (5) days after written notice of such default by Landlord to Tenant, or (ii) Landlord served upon Tenant petitions and notices of petition to dispossess Tenant by summary proceedingsproceedings in each such instance, then, notwithstanding that such defaults may have been cured prior to the expiration of the notice period or the entry of a judgment against Tenant, as the case may be, then if Tenant shall again any further default in respect of the payment of Fixed Rent or Additional Rent any moneys due Landlord hereunder within a twelve which shall continue for more than ten (1210) month perioddays after written notice thereof shall be deemed to be deliberate, and Landlord may thereafter, at its option, thereafter serve a written three five (35) day days’ notice of cancellation of this Lease Lease, and the Term term hereunder shall end and expire as fully and completely as if the expiration of such three five (3) day 5)-day period were the day herein definitely fixed for the end and expiration of this Lease and the Term term thereof, and Tenant shall then quit and surrender and demised premises the Premises to Landlord, but Tenant shall remain liable as elsewhere provided in this Lease.

Conditional Limitation. (a) If Tenant shall default in the payment of the Fixed Rent rent reserved herein, or any item items of Additional Rent Rental herein mentioned, or any part of either on three (3) occasions either, during any consecutive two (2) months, whether or not consecutive, in any twelve (12) month period period, and (i) such default continued for more than five (5) days after written notice of such default by Landlord to Tenant, or (ii) Landlord served upon Tenant petitions and notices of petition to dispossess Tenant by summary proceedingsproceedings in each such instance, then, notwithstanding that such defaults may have been cured prior to the expiration of the notice period or the entry of a judgment against Tenant, as the case may be, then if Tenant shall again any further default in respect of the payment of Fixed Rent or Additional Rent any moneys due Landlord hereunder within a twelve which shall continue for more than ten (1210) month perioddays shall be deemed to be deliberate, and Landlord may thereafter, at its option, thereafter serve a written three ten (310) day days' notice of cancellation of this Lease Lease, and the Term term hereunder shall end and expire as fully and completely as if the expiration of such three ten (310) day period were the day herein definitely fixed for the end and expiration of this Lease and the Term term thereof, and Tenant shall then quit and surrender and demised premises the Premises to Landlord, but Tenant shall remain liable as elsewhere provided in this Lease.

Conditional Limitation. (a) If Tenant shall default in the payment of the Fixed Rent rent reserved herein, or any item of Additional Rent additional rent herein mentioned, or any part of either on three (3) occasions during any consecutive two months, whether or not consecutive, in any twelve (12) month period period, and (i) such default continued for more than five (5) days after written notice of such default by Landlord to Tenant, or and (ii) Landlord Landlord, after the expiration of such five (5) day grace period, served upon Tenant petitions and notices of petition to dispossess Tenant by summary proceedingsproceedings in each such instance, then, notwithstanding that such defaults may have been cured prior to the expiration of the notice period or the entry of a judgment against Tenant, as the case may be, then if Tenant shall again any further default in respect of the payment of Fixed Rent or Additional Rent any money due Landlord hereunder within which shall continue for more than five (5) days after Landlord shall give a twelve (12) month period, written notice of such default shall be deemed to be deliberate and Landlord may thereafter, at its option, thereafter serve a written three (3) day days' notice of cancellation of this Lease and the Term term hereunder shall end and expire as fully and completely as if the expiration of such three (3) day period were the day herein definitely fixed for the end and expiration of this Lease and the Term term thereof, and Tenant shall then quit and surrender and demised premises the Demised Premises to Landlord, but Tenant shall remain liable as elsewhere provided in this Lease.