Common use of DEFAULT BY XXXXXX Clause in Contracts

DEFAULT BY XXXXXX. Lessor shall not be in default unless Lessor falls to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee to Lessor and to the holder of any first mortgage or deed of trust covering the Premises whose name and address shall have theretofore been furnished to Lessee in writing, specifying wherein Lessor has failed to perform such obligation, provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance then Lessor shall not be in default if Lessor commences performance within such thirty (30) day period and thereafter diligently prosecutes the same to completion.

DEFAULT BY XXXXXX. Lessor shall not be in default unless Lessor falls fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee Xxxxxx to Lessor and to the holder of any first mortgage or deed of trust covering the Premises whose name and address shall have theretofore been furnished to Lessee in writing, specifying wherein Lessor has failed to perform such obligation, ; provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance then Lessor shall not be in default if Lessor commences performance within such thirty (30) -day period and thereafter diligently prosecutes the same to completion.

DEFAULT BY XXXXXX. Lessor shall not be in default unless Lessor falls fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee Xxxxxx to Lessor and to the holder of any first mortgage or deed of trust covering the Premises whose name and address shall have theretofore therefore been furnished to Lessee in writing, specifying wherein Lessor has failed to perform such obligation, provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance then Lessor shall not be in default if Lessor commences performance within such thirty (30) day period and thereafter diligently prosecutes the same to completion.