Common use of CURING TENANT'S DEFAULTS Clause in Contracts

CURING TENANT'S DEFAULTS. 32.01 If Tenant shall default in the performance of any of Tenant’s obligations under this Lease, Landlord, without thereby waiving such default, may (but shall not be obligated to) perform the same for the account and at the expense of Tenant, without notice in a case of emergency, and in any other case only if such default continues after the expiration of fifteen (15) days from the date Landlord gives Tenant notice of the default. Bills for any expenses incurred by Landlord in connection with any such performance by it for the account of Tenant, and bills for all costs, expenses and disbursements of every kind and nature whatsoever, including reasonable attorneys’ fees and expenses, involved in collecting or endeavoring to collect the Rent or any part thereof or enforcing or endeavoring to enforce any rights against Tenant or Tenant’s obligations hereunder, under or in connection with this Lease or pursuant to law, including any such cost, expense and disbursement involved in instituting and prosecuting summary proceedings or in recovering possession of the Demised Premises after default by Tenant or upon the expiration of the Term or sooner termination of this Lease, and interest on all sums advanced by Landlord under this Article at the rate of 4% percent per month or the maximum rate permitted by law, whichever is less, may be sent by Landlord to Tenant monthly, or immediately, at Landlord’s option, and such amounts shall be due and payable in accordance with the terms of such bills.

Appears in 1 contract

Samples: Lease Agreement (Sungard Data Systems Inc)

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CURING TENANT'S DEFAULTS. 32.01 32.01. If Tenant shall default in the performance of any of Tenant’s 's obligations under this Lease, Landlord, without thereby waiving such default, may (but shall not be obligated to) perform the same for the account and at the expense of Tenant, without notice in a case of emergency, and in any other case only if such default continues after the expiration of fifteen ten (1510) days from the date Landlord gives Tenant notice of the default. Bills for any expenses incurred by Landlord in connection with any such performance by it for the account of Tenant, and bills for all costs, expenses and disbursements of every kind and nature whatsoever, including reasonable attorneys’ attorney's fees and expenses, involved in collecting or endeavoring to collect the Rent or any part thereof or enforcing or endeavoring to enforce any rights against Tenant or Tenant’s 's obligations hereunder, under or in connection with this Lease or pursuant to law, including any such cost, expense and disbursement involved in instituting and prosecuting summary legal proceedings or in recovering possession of the Demised Premises after default by Tenant or upon the expiration of the Term or sooner termination of this Lease, including attorneys fees and costs for any bankruptcy proceedings, and interest on all sums advanced by Landlord under this Article at the interest rate of 4% percent per month or the maximum rate permitted by law, whichever is less, provided in Section 3.05 may be sent by Landlord to Tenant monthly, or immediately, immediately at Landlord’s option, 's option and such amounts shall be due and payable in accordance with the terms of such bills.

Appears in 1 contract

Samples: Lease Agreement (Eschelon Telecom Inc)

CURING TENANT'S DEFAULTS. 32.01 29.01. If Tenant shall default defaults in the performance of any of Tenant’s 's obligations under this Lease, Landlord, without thereby waiving such default, may (but shall not be obligated to) perform the same for the account and at the expense of Tenant, without notice in a case of emergency, and in any other case only if such default continues after the expiration of fifteen (15) 15 days from the date Landlord gives Tenant notice of the default. 29.02. Bills for any expenses incurred by Landlord in connection with any such performance by it for the account of Tenant, and bills for all costs, expenses and disbursements of every kind and nature whatsoeverdisbursements, including reasonable attorneys’ fees and expensescounsel fees, involved in collecting or endeavoring to collect the Fixed Rent or any part thereof Additional Charges or enforcing or endeavoring to enforce any rights against Tenant or Tenant’s 's obligations hereunder, under or in connection with this Lease or pursuant to law, including any such cost, expense and disbursement involved in instituting and prosecuting summary proceedings or in recovering possession of the Demised Premises after default by Tenant or upon the expiration of the Term or sooner termination of this Lease, and interest on all sums advanced by Landlord under this Article Section and/or Section 29.01 at the rate of 4% percent per month or the maximum rate permitted by law, whichever is less, Lease Interest Rate may be sent by Landlord to Tenant monthly, or immediately, at Landlord’s option, and such amounts shall be due and payable in accordance with the terms of such bills.

Appears in 1 contract

Samples: Lease (Progenics Pharmaceuticals Inc)

CURING TENANT'S DEFAULTS. 32.01 29.01. If Tenant shall default defaults in the performance of any of Tenant’s 's obligations under this Lease, Landlord, without thereby waiving such default, may (but shall not be obligated to) perform the same for the account and at the expense of Tenant, without notice in a case of emergency, and in any other case only if such default continues after the expiration of fifteen (15) 15 days from the date Landlord gives Tenant notice of the default. 29.02. Bills for any expenses incurred by Landlord in connection with any such performance by it pursuant to Section 29.01 for the account of Tenant, and bills for all costs, expenses and disbursements of every kind and nature whatsoeverdisbursements, including reasonable attorneys’ fees and expensescounsel fees, involved in collecting or endeavoring to collect the Fixed Rent or any part thereof Additional Charges or enforcing or endeavoring to enforce any rights against Tenant or Tenant’s 's obligations hereunder, under or hereunder in connection with this Lease or pursuant to lawa default, including any such cost, expense and disbursement involved in instituting and prosecuting summary proceedings or in recovering possession of the Demised Premises after default by Tenant or upon the expiration of the Term or sooner termination of this Lease, and interest on all sums advanced by Landlord under this Article Section and/or Section 29.01 at the rate of 4% percent per month or the maximum rate permitted by law, whichever is less, ------------- Lease Interest Rate may be sent by Landlord to Tenant monthly, or immediately, at Landlord’s option, and such amounts shall be due and payable in accordance with the terms of such bills.

Appears in 1 contract

Samples: Lease Agreement (Emisphere Technologies Inc)

CURING TENANT'S DEFAULTS. 32.01 30.01. If Tenant shall default in the performance of any of Tenant’s 's obligations under this Lease, Landlord, without thereby waiving such default, may (but shall not be obligated to) perform the same for the account and at the expense of Tenant, without notice in a case of emergency, and in any other case only if such default continues after the expiration of fifteen (15) days from the date Landlord gives Tenant notice of the default. Bills Charges for any expenses reasonably incurred by Landlord in connection with any such performance by it for the account of Tenant, and bills charges for all costs, expenses and disbursements of every kind and nature whatsoever, including reasonable attorneys' fees and expenses, involved in collecting or endeavoring to collect the Rent or any part thereof or enforcing or endeavoring to enforce any rights against Tenant or Tenant’s 's obligations hereunder, under or in connection with this Lease or pursuant to law, including any such cost, expense and disbursement involved in instituting and prosecuting summary proceedings or in recovering possession of the Demised Premises after default by Tenant or upon the expiration of the Term or sooner termination of this Lease, and interest on all sums advanced by Landlord under this Article at the rate of 4% percent per month Late Payment Rate or the maximum rate permitted by law, whichever is less, shall be payable by Tenant and may be sent invoiced by Landlord to Tenant monthly, or immediately, or at any time, at Landlord’s 's option, and such amounts shall be due and payable in accordance with the terms of such billsbills upon demand.

Appears in 1 contract

Samples: Lease Agreement (Childrens Place Retail Stores Inc)

CURING TENANT'S DEFAULTS. 32.01 29.01. If Tenant shall default defaults in the performance of any of Tenant’s 's obligations under this LeaseLease beyond any applicable notice and grace periods, Landlord, without thereby waiving such default, may (but shall not be obligated to) perform the same for the account and at the expense of Tenant, without notice in a case of emergency, and in any other case only if such default continues after the expiration of fifteen (15) 15 days from the date Landlord gives Tenant notice of the default. 29.02. Bills for any expenses incurred by Landlord in connection with any such performance by it for the account of Tenant, and bills for all costs, expenses and disbursements of every kind and nature whatsoeverdisbursements, including reasonable attorneys’ fees and expensescounsel fees, involved in collecting or endeavoring to collect the Fixed Rent or any part thereof Additional Charges or enforcing or endeavoring to enforce any rights against Tenant or Tenant’s 's obligations hereunder, under or in connection with this Lease or pursuant to law, including any such cost, expense and disbursement involved in instituting and prosecuting summary proceedings or in recovering possession of the Demised Premises after default by Tenant or upon the expiration of the Term or sooner termination of this Lease, and interest on all sums advanced by Landlord under this Article Section and/or Section 29.01 at the rate of 4% percent per month or the maximum rate permitted by law, whichever is less, Lease Interest Rate may be sent by Landlord to Tenant monthly, or immediately, at Landlord’s option, and such amounts shall be due and payable in accordance with the terms of such bills.

Appears in 1 contract

Samples: Lease (Hirsch International Corp)

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CURING TENANT'S DEFAULTS. 32.01 29.01. If Tenant shall default in the performance of any of Tenant’s 's obligations under this Lease, Landlord, without thereby waiving such default, may (but shall not be obligated to) perform the same for the account and at the expense of Tenant, without notice in a case of emergency, and in any other case only if such default continues after the expiration of fifteen (15) days from the date Landlord gives Tenant notice of the default. Bills for any expenses incurred by Landlord in connection with any such performance by it for the account of Tenant, and bills for all costs, expenses and disbursements of every kind and nature whatsoever, including reasonable attorneys' fees and expenses, involved in collecting or endeavoring to collect the Rent or any part thereof or enforcing or endeavoring to enforce any rights against Tenant or Tenant’s 's obligations hereunder, under or in connection with this Lease or pursuant to law, including any such cost, expense and disbursement involved in instituting and prosecuting summary proceedings or in recovering possession of the Demised Premises after default by Tenant or upon the expiration of the Term or sooner termination of this Lease, and interest on all sums advanced by Landlord under this Article at the rate of 4% three percent (3%) per month or the maximum rate permitted by law, whichever is less, may be sent by Landlord to Tenant monthly, or immediately, at Landlord’s 's option, and such amounts shall be due and payable in accordance with the terms of such bills.

Appears in 1 contract

Samples: Lease (Lower Road Associates LLC)

CURING TENANT'S DEFAULTS. 32.01 30.01. If Tenant shall default in the performance of any of Tenant’s 's obligations under this Lease, Landlord, without thereby waiving such default, may (but shall not be obligated to) perform the same for the account and at the expense of Tenant, without notice in a case of emergency, and in any other case only if such default continues after the expiration of fifteen (15) days from the date Landlord gives Tenant notice of the default. Bills for any expenses reasonably incurred by Landlord in connection with any such performance by it for the account of Tenant, and bills for all costs, expenses and disbursements of every kind and nature whatsoever, including reasonable attorneys' fees and expenses, involved in collecting or endeavoring to collect the Rent or any part thereof or enforcing or endeavoring to enforce any rights against Tenant or Tenant’s 's obligations hereunder, under or in connection with this Lease or pursuant to law, including any such cost, expense and disbursement involved in instituting and prosecuting summary proceedings or in recovering possession of the Demised Premises after default by Tenant or upon the expiration of the Term or sooner termination of this Lease, and interest on all sums advanced by Landlord under this Article at the rate of 4% percent per month or the maximum rate permitted by law, whichever is less, may be sent by Landlord to Tenant monthly, or immediately, at Landlord’s 's option, and such amounts shall be due and payable in accordance with the terms of such bills.

Appears in 1 contract

Samples: Lease Agreement (Childrens Place Retail Stores Inc)

CURING TENANT'S DEFAULTS. 32.01 32.01. If Tenant shall default in the performance of any of Tenant’s obligations under this Lease, Landlord, without thereby waiving such default, may (but shall not be obligated to) perform the same for the account and at the expense of Tenant, without notice in a case of emergency, and in any other case only if such default continues after the expiration of fifteen ten (1510) days from the date Landlord gives Tenant notice of the default. Bills for any expenses incurred by Landlord in connection with any such performance by it for the account of Tenant, and bills for all costscoats, expenses and disbursements of every kind and nature whatsoever, including reasonable attorneys’ attorney’s fees and expenses, involved in collecting or endeavoring to collect the Rent or any part thereof or enforcing or endeavoring to enforce any rights against Tenant or Tenant’s obligations hereunder, under or in connection with this Lease or pursuant to law, including any such cost, expense and disbursement involved in instituting and prosecuting summary legal proceedings or in recovering possession of the Demised Premises after default by Tenant or upon the expiration of the Term or sooner termination of this Lease, including attorneys fees and costs for any bankruptcy proceedings, and interest on all sums advanced by Landlord under this Article at the interest rate of 4% percent per month or the maximum rate permitted by law, whichever is less, provided in Section 3.05 may be sent by Landlord to Tenant monthly, or immediately, immediately at Landlord’s option, option and such amounts shall be due and payable in accordance with the terms of such bills.

Appears in 1 contract

Samples: Lease Agreement (Eschelon Telecom Inc)

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