Common use of Default in Rent Clause in Contracts

Default in Rent. Failure of Tenant to pay any installment of Rent within ten (10) days after written notice by Landlord, provided Landlord shall not be required to give written notice of nonpayment more than twice during any calendar year. After Landlord has twice given notice of nonpayment during a calendar year, Tenant shall be in default upon failure to pay any installment of Rent within ten (10) days after the due date for such installment, without the requirement of notice and opportunity to cure.

Appears in 4 contracts

Samples: Commercial Lease (Western Power & Equipment Corp), Commercial Lease (Western Power & Equipment Corp), Commercial Lease (Western Power & Equipment Corp)

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Default in Rent. Failure of Tenant to pay any installment of Rent rent or other charge within ten (10) 10 days after written notice by Landlord, provided it is due. Landlord shall not be required to give only two written notices within a twelve month period; thereafter, no written notice of nonpayment more than twice during any calendar year. After Landlord has twice given notice of nonpayment during a calendar year, Tenant shall be in default upon failure to pay any installment of Rent within ten (10) days after the due date for such installment, without the requirement of notice and opportunity to cureis required.

Appears in 1 contract

Samples: Commercial Lease (Redhook Ale Brewery Inc)

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