Common use of Default Described Clause in Contracts

Default Described. The occurrence of any of the following shall constitute a material breach of this Sublease and a default by Sublessee: (i) failure to pay Rent or any other amount within three (3) business days after due; (ii) all those items of default set forth in the Master Lease which remain uncured after the cure period provided in the Master Lease; or (iii) Sublessee’s failure to perform timely and subject to any cure periods any other material provision of this Sublease or the Master Lease as incorporated herein.

Appears in 2 contracts

Samples: Sublease Agreement, Sublease Agreement (Blue Coat Systems Inc)

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Default Described. The occurrence of any of the following shall constitute a material breach of this Sublease and a default by SublesseeSubtenant: (i) failure to pay Rent or any other amount within three (3) business days after notice the same is past due; (ii) all those items of default set forth in the Master Lease where the obligation is incorporated in this Sublease which remain uncured after the cure period provided in the Master Lease; or (iii) SublesseeSubtenant’s failure to perform timely and subject to any cure periods remain uncured after fifteen (15) days written notice of the default, any other material provision of this Sublease or the Master Lease as incorporated hereinSublease.

Appears in 2 contracts

Samples: Sublease Agreement (Compugen LTD), Sublease Agreement (Kalobios Pharmaceuticals Inc)

Default Described. The occurrence of any of the following shall constitute a material breach of this Sublease and a default by Sublessee: (i) failure to pay Rent or any other amount within three (3) business days after due; (ii) all those items of default set forth in the Master Lease which remain uncured after the cure period provided in the Master Lease; or (iii) Sublessee’s 's failure to perform timely and subject to any cure periods any other material provision of this Sublease or the Master Lease as incorporated herein.

Appears in 2 contracts

Samples: Consent to Sublease (Commerce Energy Group Inc), Sublease Agreement (Blue Coat Systems Inc)

Default Described. The occurrence of any of the following shall constitute a material breach of this Sublease and a default by Sublessee: (i) failure to pay Rent or any other amount within three (3) business days after due; (ii) all those items of default set forth in the Master Lease which remain uncured after the cure period provided in the Master Lease; or (iii) Sublessee’s failure to perform timely and subject to any applicable notice and cure periods any other material provision of this Sublease or the Master Lease as incorporated herein.

Appears in 1 contract

Samples: Sublease Agreement (Selectica Inc)

Default Described. The occurrence of any of the following shall ----------------- constitute a material breach of this Sublease and a default by Sublessee: (i) failure to pay Rent or any other amount within three ten (310) business days after due; (ii) all those items of default set forth in the Master Lease which remain uncured unsecured after the cure period provided in the Master Lease; or (iii) Sublessee’s 's failure to perform timely and subject to any cure periods any other material provision of this Sublease or the Master Lease as incorporated herein.

Appears in 1 contract

Samples: Sublease Agreement (Sciquest Com Inc)

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Default Described. The occurrence of any of the following shall constitute a material breach of this Sublease and a default by Sublessee: (i) failure to pay Rent or any other amount within three ten (310) business days after written notice that such is due; (ii) all those items of default set forth in the Master Lease which remain uncured after the cure period provided in the Master Lease; or (iii) Sublessee’s failure to perform timely and subject to any cure periods any other material provision of this Sublease or the Master Lease as incorporated herein.

Appears in 1 contract

Samples: Sublease Agreement (Roxio Inc)

Default Described. The occurrence of any of the following shall constitute a material breach of this Sublease and a default by Sublessee: (i) failure to pay Rent or any other amount within three (3) business days after due; (ii) all those items of default set forth in the Master Lease which remain uncured after the cure period provided in the Master Lease; or (iii) Sublessee’s 's failure to perform timely and subject to any cure periods any other material provision of this Sublease or the Master Lease as incorporated herein.

Appears in 1 contract

Samples: Conditional Consent to Sublease (Blue Coat Systems Inc)

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