Common use of Curing of Default Clause in Contracts

Curing of Default. Notwithstanding any other provision of this Paragraph 22, if an event of Default, other than for the payment of Rent or other monies owing from Tenant to Landlord hereunder, is of such a nature that the same cannot be cured upon demand by Landlord as specified in any written notice relating thereto, then such event of Default shall be deemed to be cured if Tenant upon such notice shall have commenced to cure such Default and shall continue thereafter with all due diligence to so cure and does so complete the same within a reasonable period of time.

Appears in 4 contracts

Samples: Single Tenant Absolute Net Lease (Guilford Pharmaceuticals Inc), Lease (Nuvelo Inc), Single Tenant Absolute Net Lease (Guilford Pharmaceuticals Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.