DEFAULT OF LESSOR. Should Lessor fail to perform any of its obligations hereunder, Lessor shall have a period of 30 days after its receipt of written notice from Lessee of a failure of performance within which to commence a cure of that failure. Failure of Lessor to commence that cure within the 30-day period or to effect that cure within that 30-day period shall be an event of default under this Lease and Lessee may, at its option, elect to:
a. Terminate this Lease upon 30 days written notice to Lessor;
b. Bring an action to require specific performance of Lessor's obligations;
c. Provide Lessor with an additional period of time within which to effect that cure;
d. Commence such cure itself, and Lessee may either, at its option, offset any expenses it incurs in effecting such cure against the rent and other charges due and payable by Lessee hereunder, or require that Lessor immediately reimburse Lessee for its expenses; provided, however, in the event of an emergency, Lessee may immediately effect a cure of Lessor's failure should Lessor fail to act immediately to do so, without the requirement of any notice by Lessee to Lessor; and/or
e. Pursue any other remedies provided herein or provided by law.
DEFAULT OF LESSOR. In the event of any alleged breach by Lessor of its covenants contained in this Lease, Lessee shall have available all rights and remedies provided at law or in equity, subject to the terms and conditions of this Lease; provided, however, Lessee may not exercise any such right or remedy unless Lessee has notified Lessor and any party having a recorded mortgage or bond indenture lien against the property by written notice of such alleged default, and the notified party or parties have not cured such default within the thirty (30) day period subsequent to receipt of such notice or, in the event such alleged default is of such nature that it cannot reasonably be cured within such thirty-day period, such notified party or parties have failed to cure such alleged default with all due diligence.
DEFAULT OF LESSOR. The failure of Lessor to comply with any of its obligations under the terms of this Agreement, and continuation of such failure to cure for more than ten (10) days after notice by Lessee, shall constitute a default on the part of Lessor; provided however that if the nature of Lessor's default is such that more than ten (10) days is required for its cure, then Lessor shall not be deemed to be in default if Lessor has commenced such cure within the ten (10) day period, demonstrates to Lessee's reasonable satisfaction that such default is curable and thereafter diligently prosecutes such cure to completion.
DEFAULT OF LESSOR. The lessor shall not be deemed to be in default under this lease until the lessee has given the lessor written notice specifying the nature of the default and unless the lessor does not cure the default within thirty (30) days after receipt of the notice or within such reasonable time thereafter as may be necessary to cure the default where it is of such a character as to reasonably require more than thirty (30) days to cure.
DEFAULT OF LESSOR. Lessor shall fail to perform any one or more of Lessor’s obligations hereunder and such default shall continue for a commercially reasonable period of ninety days after written demand for performance has been made specifying such default. Any such right of termination shall be exercised in the following manner only; the party entitled to terminate shall dispatch notice by certified mail, return receipt requested, of that party’s intention to terminate at 12:00 noon on the day following the minimum number of days required above for giving of such notice where so provided; otherwise, upon fifteen (15) days written notice.
DEFAULT OF LESSOR. Subject to Section 16, the LESSOR shall not be deemed to be in default under this Lease until the LESSEE has given the LESSOR written notice specifying the nature of the default and the LESSOR does not cure such default within thirty (30) days after receipt of such notice or within such reasonable time thereafter as may be necessary to cure such default where such default is of such a character as to reasonably require more than thirty (30) days to cure.
DEFAULT OF LESSOR. In no event shall Lessor be charged with default in the performance of its obligations under this Lease unless and until Lessor shall receive written notice from Lessee identifying wherein Lessor has failed to perform any obligation hereunder and shall have failed to remedy such default, within days of such notice from Lessee (or shall have then neglected in good faith to start and diligently pursue the cure of any such default).
DEFAULT OF LESSOR. In the event of any default by Lessor of any condition, agreement, term or provision of this lease and the continuance of such default for thirty (30) days after written notice thereof has been given by Lessee to Lessor, then and in such event, Lessee shall have the right then or at any time thereafter while such default or defaults shall continue, to elect:
(a) To cure the default by taking whatever action or making any payment that may be required to cure the default and in the event that Lessee makes any such payment, then Lessee may deduct such payment from the rent due under this lease; or
(b) To declare this lease forfeited and the term ended.
DEFAULT OF LESSOR. (a) If Lessor shall fail to observe or perform any provision hereof and such failure shall continue for thirty (30) days after notice to Lessor of such failure, then a “Default of Lessor” shall exist under this Lease, provided, however, that in the case of any such failure which cannot with diligence be cured within such thirty (30) day period, if Lessor shall commence promptly to cure the same and thereafter prosecute the curing thereof with diligence, the time within which such failure may be cured shall be extended for such period as is necessary to complete the curing thereof with diligence.
DEFAULT OF LESSOR. Each of the following shall be deemed a default by Lessor:
(i) failure to perform any act to be performed by Lessor hereunder or to comply with any provision, condition or covenant contained herein and such failure is not cured within thirty (30) calendar days after written notice of such failure is delivered to Lessor, or in the event of a default that cannot with due diligence be cured within such thirty (30) day period, within such longer period as Lessee may reasonably permit; (ii) any material breach of any representation or warranty by Lessor.
