Common use of Default by Landlord and Remedies of Tenant Clause in Contracts

Default by Landlord and Remedies of Tenant. It shall be a default under and breach of this Lease by Landlord if it shall fail to perform or observe any term, condition, covenant or obligation required to be performed or observed by it under this Lease for a period of thirty (30) days after notice thereof from Tenant; provided, however, that if the term, condition, covenant or obligation to be performed by Landlord is of such nature that the same cannot reasonably be performed within such thirty (30) day period, such default shall be deemed to have been cured if Landlord commences such performance within said thirty (30) day period and thereafter diligently undertakes to complete the same. So long as the Premises remain suitable for Tenant’s proposed use, Tenant shall not be entitled to terminate this Lease as a result of any such default.

Appears in 3 contracts

Samples: Lease Agreement (Celsion CORP), Lease Agreement (Clarient, Inc), Lease Agreement (Eurand N.V.)

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Default by Landlord and Remedies of Tenant. It shall be a default under and breach of this Lease by Landlord if it shall fail to perform or observe any term, condition, covenant or obligation required to be performed or observed by it under this Lease for a period of thirty (30) days after notice thereof from Tenant; provided, however, that if the term, condition, covenant or obligation to be performed by Landlord is of such nature that the same cannot reasonably be performed within such thirty (30) thirty-day period, such default shall be deemed to have been cured if Landlord commences such performance within said thirty (30) thirty-day period and thereafter diligently undertakes to complete the same. So long as Upon the Premises remain suitable occurrence of any such default, Tenant may xxx for Tenant’s proposed useinjunctive relief or to recover damages for any loss resulting from the breach, but Tenant shall not be entitled to terminate this Lease as a result of or withhold or xxxxx any such defaultrent due hereunder.

Appears in 2 contracts

Samples: Office Lease (Twin Cities Power Holdings, LLC), Office Lease (Twin Cities Power Holdings, LLC)

Default by Landlord and Remedies of Tenant. It shall be a default under and breach of this Lease by Landlord if it shall fail to perform or observe any term, condition, covenant or obligation required to be performed or observed by it under this Lease for a period of thirty (30) days after notice thereof from Tenant; provided, however, that if the term, condition, covenant or obligation to be performed by Landlord is of such nature that the same cannot reasonably be performed within such thirty (30) thirty-day period, such default shall be deemed to have been cured if Landlord commences such performance within said thirty (30) thirty-day period and thereafter diligently undertakes to complete the same. So long as Upon the Premises remain suitable occurrence of any such default, Tenant may xxx for Tenant’s proposed useinjunctive relief or to recover damages for any loss resulting from the breach, but Tenant shall not be entitled to terminate this Lease as a result of or withhold or xxxxx any such defaultrent due hereunder.

Appears in 2 contracts

Samples: Real Estate Sale Agreement (Behringer Harvard Reit I Inc), Lease Agreement (Vital Images Inc)

Default by Landlord and Remedies of Tenant. It shall be a default under and breach of this Lease by Landlord if it shall fail to perform or observe any term, condition, covenant or obligation required to be performed or observed by it under this Lease for a period of thirty (30) days after notice thereof from Tenant; provided, however, that if the term, condition, covenant or obligation to be performed by Landlord is of such nature that the same cannot reasonably be performed within such thirty (30) thirty-day period, such default shall be deemed to have been cured if Landlord commences such performance within said thirty (30) thirty-day period and thereafter diligently undertakes to complete the same. So long as Upon the Premises remain suitable for Tenant’s proposed use, Tenant shall not be entitled to terminate this Lease as a result occurrence of any such default, Tenant may xxx for injunctive relief or recover direct damages for any loss resulting from the breach, and Tenant shall be permitted to exercise all other rights and remedies under this Lease, at law and in equity.

Appears in 1 contract

Samples: Lease Agreement (Celldex Therapeutics, Inc.)

Default by Landlord and Remedies of Tenant. It shall be a default under and breach of this Lease by Landlord if it shall fail to perform or observe any term, condition, covenant or obligation required to be performed or observed by it under this Lease for a period of thirty (30) days after written notice thereof from Tenant; provided, however, that if the term, condition, covenant or obligation to be performed by Landlord is of such nature that the same cannot reasonably be performed within such thirty (30) day period, such default shall be deemed to have been cured if Landlord commences such performance within said thirty (30) day thirtyday period and thereafter diligently undertakes to complete completes the same. So long as Upon the Premises remain suitable occurrence of any such default, Tenant may sue xxx injunctive relief or to recover damages for Tenant’s proposed useany loss resulting from the breach, but Tenant shall not be entitled to terminate this Lease as a result of any such defaultor withhold or abatx xxx rent due hereunder.

Appears in 1 contract

Samples: Conference Center Lease Agreement (Cray Inc)

Default by Landlord and Remedies of Tenant. It shall be a ------------------------------------------- default under and breach of this Lease by Landlord if it shall fail to perform or observe any term, condition, covenant or obligation required to be performed or observed by it under this Lease for a period of thirty (30) days after notice thereof from Tenant; provided, however, that if the term, condition, covenant or obligation to be performed by Landlord is of such nature that the same cannot reasonably be performed within such thirty (30) thirty-day period, such default shall be deemed to have been cured if Landlord commences such performance within said thirty (30) thirty-day period and thereafter diligently undertakes to complete the samesame and completes the same within a reasonable period. So long as the Premises remain suitable for Tenant’s proposed use, Tenant shall not be entitled may pursue all remedies available to terminate this Lease as a result of any such defaultit at law or in equity.

Appears in 1 contract

Samples: Lease Agreement (Bindley Western Industries Inc)

Default by Landlord and Remedies of Tenant. It shall be a default under and a breach of this Lease by Landlord if it shall fail to perform or observe any term, condition, covenant or obligation required to be performed or observed by it under this Lease for a period of thirty (30) days after written notice thereof from Tenant; provided, however, that if the term, condition, covenant or obligation to be performed by Landlord is of such nature that the same cannot reasonably be performed within such said thirty (30) day period, such default shall be deemed to have been cured if Landlord commences such performance within said thirty (30) day period and thereafter diligently undertakes to complete the same. So long as Upon the Premises remain suitable occurrence of any such default, Tenant may xxx for Tenant’s proposed useinjunctive relief or to recover damages for any loss resulting from the breach, but Tenant shall not be entitled to terminate this Lease as a result of or withhold or xxxxx any such defaultrent due hereunder.

Appears in 1 contract

Samples: Office Lease (Interactive Intelligence Inc)

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Default by Landlord and Remedies of Tenant. It shall be a default under and breach of this Lease by Landlord if it shall fail to perform or observe any term, condition, covenant or obligation required to be performed or observed by it under this Lease for a period of thirty (30) days after written notice thereof from Tenant; provided, however, that if the term, condition, covenant or obligation to be performed by Landlord is of such nature that the same cannot reasonably be performed within such thirty (30) day period, such default shall be deemed to have been cured if Landlord commences such performance within said thirty (30) day period and thereafter diligently undertakes to complete completes the same. So long as Upon the Premises remain suitable occurrence of any such default, Tenant may sue xxx injunctive relief or to recover damages for Tenant’s proposed useany loss resulting from the breach, but Tenant shall not be entitled to terminate this Lease as a result of any such defaultor withhold or abatx xxx rent due hereunder.

Appears in 1 contract

Samples: Lease Agreement (Cray Inc)

Default by Landlord and Remedies of Tenant. It shall be a default under and breach of this Lease by Landlord if it shall fail to perform or observe any term, condition, covenant or obligation required to be performed or observed by it under this Lease for a period of thirty (30) days after notice thereof from Tenant; provided, however, that if the term, condition, covenant or obligation to be performed by Landlord is of such nature that the same cannot reasonably be performed within such thirty (30) thirty-day period, such default shall be deemed to have been cured if Landlord commences such performance within said thirty (30) thirty-day period and thereafter diligently undertakes to complete the same. So long as Upon the Premises remain suitable occurrence of any such default, Tenant may sue for Tenant’s proposed useinjunctive relief or to recover damages for any loss resultinx xrom the breach, but Tenant shall not be entitled to terminate this Lease as a result of or withhold or abate any such defaultrent due hereunder.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Behringer Harvard Reit I Inc)

Default by Landlord and Remedies of Tenant. It shall be a default under and breach of this Lease by Landlord if it shall fail to perform or observe any term, condition, covenant or obligation required to be performed or observed by it under this Lease for a period of thirty (30) days after written notice thereof from Tenant; provided, however, that if the term, condition, covenant or obligation to be performed by Landlord is of such nature that the same cannot reasonably be performed within such thirty (30) day period, such default shall be deemed to have been cured if Landlord commences such performance within said thirty (30) day period and thereafter diligently undertakes to complete the same. So long as the Premises remain suitable for Tenant’s proposed use, Tenant shall not be entitled to terminate this Lease or withhold or abatx xxx rent due hereunder as a result of any such default.

Appears in 1 contract

Samples: Lease Agreement (Amsurg Corp)

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