Default by Tenant Remedies Sample Clauses

Default by Tenant Remedies. Section 12.1. Each of the following shall be deemed an event of default (an "EVENT OF DEFAULT") and a breach of this Lease by Tenant: (a) If Tenant shall fail to pay the Fixed Rent or any Tenant's Expense Payment as and when due hereunder and such failure continues for a period of five (5) days after written notice of such failure has been delivered to Tenant (provided, however, that Landlord shall not be required to send more than two (2) such notices to Tenant during any consecutive twelve (12) month period, and thereafter it shall be an Event of Default if Tenant shall fail to pay the Fixed Rent or any Tenant Expense payment when due). (b) If Tenant shall fail to pay any Additional Rent required to be paid by Tenant hereunder and such failure continues for a period of five (5) days after written notice of such failure has been delivered to Tenant (provided, however, that Landlord shall not be required to send more than two (2) such notices to Tenant during any consecutive twelve (12) month period, and thereafter it shall be an Event of Default if Tenant shall fail to pay any Additional Rent when due). (c) If Tenant shall default in the performance or observance of any of the other agreements, conditions, covenants or terms herein contained, or if such default is of such a nature that it can be remedied, then if such default shall continue for thirty (30) days after written notice by Landlord to Tenant (or if such default is of such a nature that it cannot be completely remedied within said thirty (30) day period, then if Tenant does not agree in writing within such thirty (30) day period to cure the same, commence and thereafter diligently prosecute the cure and complete the cure within a reasonable period of time under the circumstances after such original written notice of default by Landlord to Tenant, but in any event prior to the time such failure would result in a violation of applicable laws or a default by Landlord under any Mortgage). (d) The occurrence and continuance of a Vacation of the Premises (as hereinafter defined) or a Material Abandonment of the Premises (as hereinafter defined). (e) If Tenant shall transfer all or any of its interest in this Lease without compliance with the provisions of this Lease applicable thereto. (f) Tenant fails or refuses to execute any subordination agreement required pursuant to Article 10 or estoppel certificate required pursuant to Article 14 within ten (10) business days after Tenant's receipt thereof. (...
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Default by Tenant Remedies. 9.1 Time is of the essence of this Lease with respect to the performance by Tenant of its obligations hereunder. If Tenant shall default in the performance of any of its obligations under this Lease, Landlord may give written notice of such default to Tenant. If the default is not cured within ten (10) days after such written notice is given, Landlord may elect to terminate this Lease by giving a further written notice of such termination to Tenant. If such further notice is given, this Lease shall terminate on the date fixed in such notice as completely as if that were the date herein definitely fixed for expiration of the term of this Lease, and Tenant shall then surrender the Leased Property to Landlord. 9.2 No remedy conferred upon or reserved to Landlord shall exclude any other remedy herein or by law provided, but each shall be cumulative and in addition to every other remedy given hereunder or now or hereafter existing at law, in equity or by statute. 9.3 In the event of any litigation or arbitration arising out of or relating to this Lease, the Court shall award to the prevailing party all reasonable costs and expenses thereof, including attorney fees.
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Default by Tenant Remedies. Tenant shall not be deemed to be in default, on account of Tenant’s failure to perform any covenant or obligation referenced in Section 20.1.4 of the Lease if Tenant commences to cure such default within the specified thirty (30) day period and thereafter diligently proceeds to cure such default. Section 20.1.6 of the Lease is hereby deleted. The last two (2) sentence of Section 20.2.3 of the Lease are hereby deleted.
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Default by Tenant Remedies. 29.1 Definition of "Event of Default". The term "Event of Default" shall mean and refer to the occurrence of any one or more of the following circumstances: 29.
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Default by Tenant Remedies. 36 17.1 DEFAULT................................................................................................36 17.2 LANDLORD'S RIGHT TO TERMINATE..........................................................................37 17.3
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Default by Tenant Remedies. 38 27.1 Definition of Event of Defaults......................... 38 27.1.1 Players' Lease Default....................... 38 27.1.2
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Default by Tenant Remedies. 57 29.1 Definition of "Event of Default".............................................................. 57 29.1.1
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Default by Tenant Remedies. If any of the following occur, a default or event of default by Tenant shall exist hereunder: (i) if Tenant defaults in the payment of Base Rental and/or Additional Rental herein reserved when due, and fails to cure said default within ten (10) days after receipt of written notice thereof from Landlord; or (ii) if Tenant defaults in performing any of the terms or provisions of this Lease other than the provision requiring the payment of Rentals, and fails to cure such default within thirty (30) days after the date of receipt of written notice of default from Landlord, except that if the event giving rise to such default is not one which reasonably could be cured by Tenant within thirty (30) days, if Tenant has commenced bona fide efforts to effect such cure within the said thirty (30) day period and is diligently pursuing such curative efforts, Tenant shall have a reasonable time following the expiration of said thirty (30) days within which to complete the curing of such default; or (iii) if Tenant is adjudicated bankrupt; or (iv) if a permanent receiver is appointed for Tenant's property and such receiver is not removed within sixty (60) days after written notice from Landlord to Tenant to obtain such removal; or (v) if, whether voluntarily or involuntarily, Tenant takes advantage of any debtor relief proceedings under any present or future law, whereby the Rental or any part thereof is, or is proposed to be, reduced or payment thereof deferred; or
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Default by Tenant Remedies 
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Related to Default by Tenant Remedies

  • Default Remedies (a) If an Event of Default (other than an insolvency Event of Default) has occurred and is continuing, the Lender, by notice to the Company, may declare the Loan Amount of this Note and all accrued interest thereon to be immediately due and payable, and upon any such declaration, such Loan Amount and accrued interest shall thereupon become due and payable immediately within five (5) business days from the Lender’s written request. In the event the Company fails to pay all outstanding Amounts within this five (5) business day period, the interest rate on the unpaid and outstanding Loan Amount of this Note shall be increased to, and this Note shall bear interest at, a monthly rate equal to one and a half percent (1.5%) or to the maximum rate permitted by law (the "Default Rate") from the expiration of the five (5) business day period until such unpaid and outstanding Loan Amount of this Note is repaid in full. If an insolvency Event of Default has occurred, the Loan Amount of this Note and accrued Interest thereon will become immediately due and payable without any declaration or any act on the part of any Lender. Such declaration of acceleration may be rescinded and past defaults may be waived by the Lender. (b) No course of dealing or delay or failure on the part of the Lender to exercise any right under this Section shall operate as a waiver of such right or otherwise prejudice the Lender’s rights, powers and remedies. The Company will pay or reimburse the Lender, to the extent permitted by law, for all reasonable costs and expenses, including but not limited to reasonable attorneys’ fees, incurred by the Lender in collecting any sums due on this Note or in otherwise enforcing any of the Lender's rights hereunder. (c) No right or remedy herein conferred upon the Lender is intended to be exclusive of any other right or remedy contained herein or existing at law, in equity, by statute or otherwise, and every such right or remedy shall be cumulative and shall be in addition to every other such right or remedy contained herein and therein or now or hereafter existing at law, in equity, by statute or otherwise.

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