Common use of Cure by Lessor Clause in Contracts

Cure by Lessor. In the event of a Default by Lessee, Lessor may, at Lessor’s option but without obligation to do so, and without releasing Lessee from any obligations under this Lease, make any payment or take any action as Lessor deems necessary or desirable to cure any Default by Lessee in such manner and to such extent as Lessor in good xxxxx xxxxx necessary or desirable, provided that, prior to making any such payment or taking any such action, Lessor notifies Lessee in writing of Lessor’s intention to do so and affords Lessee at least 10 days in which to make such payment or take such action. Lessee will pay Lessor, upon written demand, all advances, costs and expenses of Lessor in connection with making any such payment or taking any such action, together with interest at the Default Rate, from the date of payment of any such advances, costs and expenses by Xxxxxx.

Appears in 6 contracts

Samples: Commercial Lease, Commercial Lease, Commercial Lease

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Cure by Lessor. In the event of a Default by Lessee, Lessor may, at Lessor’s option but without obligation to do so, and without releasing Lessee from any obligations under this Lease, make any payment or take any action as Lessor deems necessary or desirable to cure any Default by Lessee in such manner and to such extent as Lessor in good xxxxx xxxxx necessary or desirable, provided that, prior to making any such payment or taking any such action, Lessor notifies Lessee in writing of Lessor’s intention to do so and affords Lessee at least 10 days in which to make such payment or take such action. Lessee will pay Lessor, upon written demand, all advances, costs and expenses of Lessor in connection with making any such payment or taking any such action, together with interest at the Default Rate, from the date of payment of any such advances, costs and expenses by XxxxxxLessor.

Appears in 4 contracts

Samples: Commercial Lease, Commercial Lease, Commercial Lease

Cure by Lessor. In the event of a Default by Lessee, Lessor may, at Lessor’s option but without obligation to do so, and without releasing Lessee from any obligations under this Lease, make any payment or take any action as Lessor deems necessary or desirable to cure any Default by Lessee in such manner and to such extent as Lessor in good xxxxx xxxxx necessary or desirable, provided that, prior to making any such payment or taking any such action, Lessor notifies Lessee in writing of Lessor’s intention to do so and affords Lessee at least 10 days in which to make such payment or take such action. Lessee will pay Lessor, upon written demand, all advances, costs and expenses of Lessor in connection with making any such payment or taking any such action, together with interest at the Default Rate, from the date of payment of any such advances, costs and expenses by Xxxxxx.

Appears in 1 contract

Samples: Commercial Lease

Cure by Lessor. In the event of a Default by Lessee, Lessor may, at Lessor’s option but without obligation to do so, and without releasing Lessee from any obligations under this Lease, make any payment or take any action as Lessor deems necessary or desirable to cure any Default by Lessee in such manner and to such extent as Lessor in good xxxxx xxxxx necessary or desirabledesirable utilizing all appropriate care, provided that, prior to making any such payment or taking any such action, Lessor notifies Lessee in writing of Lessor’s intention to do so and affords Lessee at least 10 ten (10) days in which to make such payment or take such action. Lessee will pay Lessor, upon written demand, all advances, costs costs, and expenses of Lessor in connection with making any such payment or taking any such action, together with interest at the Default Rate, from the date of payment of any such advances, costs and expenses by XxxxxxLessor.

Appears in 1 contract

Samples: Sample Lease Agreement

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Cure by Lessor. In the event of a Default by Lessee, Lessor may, at Lessor’s option but without obligation to do so, and without releasing Lessee from any obligations under this Lease, make any payment or take any action as Lessor deems necessary or desirable to cure any Default by Lessee in such manner and to such extent as Lessor in good xxxxx xxxxx necessary or desirabledesirable utilizing all appropriate care, provided that, prior to making any such payment or taking any such action, Lessor notifies Lessee in writing of LessorXxxxxx’s intention to do so and affords Lessee at least 10 ten (10) days in which to make such payment or take such action. Lessee will pay Lessor, upon written demand, all advances, costs costs, and expenses of Lessor in connection with making any such payment or taking any such action, together with interest at the Default Rate, from the date of payment of any such advances, costs and expenses by Xxxxxx.

Appears in 1 contract

Samples: Commercial Lease Agreement

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