Common use of DUTY TO CURE Clause in Contracts

DUTY TO CURE. Lessee shall cure every default set forth in the Notice of Default within the following timeframes: i. In the event of Xxxxxx’s failure to pay any amount due to Lessor, such as the events of default at Subsection 3.4.2.A.i and ii above, Lessee shall cure any such default, including payment of any and all late charges and interest, within thirty (30) calendar days from the date of the Notice of Default. ii. In the event of bankruptcy or receivership that is the result of an action brought against Xxxxxx and without Xxxxxx’s concurrence, Lessee shall have ninety (90) calendar days from the commencement of the proceeding, to have the same dismissed and any receiver or trustee appointed therein discharged. iii. In the event of Lessee’s violation of, or failure to obtain, any Governmental Approvals necessary for any activity during any phase of this Lease, Lessee shall have ninety (90) calendar days from the date of the Notice of Default to demonstrate that such Governmental Approvals have been obtained, are not necessary, or to seek such Governmental Approvals. If such Governmental Approvals are necessary for Lessee’s activities and are not obtained, then Lessor shall have the right, without limitation, to require Lessee to cease activities related to such violation on the Leased Premises until the violation has been remedied to the satisfaction of Lessor, in its reasonable discretion. iv. Except as otherwise stated in this Lease, Lessee shall cure every default set forth in the Notice of Default within sixty (60) calendar days from the date of the Notice of Default. If Lessee has, within the cure period, diligently and in good faith worked to correct the default, then Lessor shall extend the cure period for a length of time that Xxxxxx believes to be reasonably necessary to complete the cure. Any such extension will be contingent upon Xxxxxx’s continued diligence toward a cure throughout the cure period. v. All cure periods shall run concurrently and not consecutively.

DUTY TO CURE. Lessee shall cure every default set forth in the Notice of Default within the following timeframes: i. In the event of Xxxxxx’s failure to pay any amount due to Lessor, such as the events of default at Subsection 3.4.2.A.i 3.4.1.A.i and ii above, Lessee shall cure any such default, including payment of any and all late charges and interest, within thirty (30) calendar days from the date of the Notice of Default. ii. In the event of bankruptcy or receivership that is the result of an action brought against Xxxxxx and without Xxxxxx’s concurrence, Lessee shall have ninety (90) calendar days from the commencement of the proceeding, to have the same dismissed and any receiver or trustee appointed therein discharged. iii. In the event of LesseeXxxxxx’s violation of, or failure to obtain, any Governmental Approvals necessary for any activity during any phase of this Lease, Lessee shall have ninety (90) calendar days from the date of the Notice of Default to demonstrate that such Governmental Approvals have been obtained, are not necessary, or to seek such Governmental Government Approvals. If such Governmental Government Approvals are necessary for Lessee’s activities and are not obtained, then Lessor shall have the right, without limitation, to require Lessee to cease activities related to such violation on the Leased Premises until the violation has been remedied to the satisfaction of Lessor, in its reasonable discretiondirection. iv. Except as otherwise stated in this Lease, Lessee shall cure every default set forth in the Notice of Default within sixty (60) calendar days from the date of the Notice of Default. If Lessee has, within the cure period, diligently and in good faith worked to correct the default, then Lessor shall extend the cure period for a length of time that Xxxxxx believes to be reasonably necessary to complete the cure. Any such extension will be contingent upon Xxxxxx’s continued diligence toward a cure throughout the cure period. v. All cure periods shall run concurrently and not consecutively.

DUTY TO CURE. Lessee shall cure every default set forth in the Notice of Default within the following timeframes: i. a. In the event of Xxxxxx’s failure to pay any amount due to Lessor, such as the events of default at Subsection 3.4.2.A.i and ii above, Lessee shall cure any such default, including payment of any and all late charges and interest, within thirty (30) calendar days from the date of the Notice of Default. ii. b. In the event of bankruptcy or receivership that is the result of an action brought against Xxxxxx and without Xxxxxx’s concurrence, Lessee shall have ninety (90) calendar days from the commencement of the proceeding, to have the same dismissed and any receiver or trustee appointed therein discharged. iii. c. In the event of Lessee’s violation of, or failure to obtainobtain or maintain, any Governmental Approvals governmental approvals necessary for any activity during any phase of authorized under this Lease, Lessee shall have ninety (90) calendar days from the date of the Notice of Default to demonstrate that such Governmental Approvals governmental approvals have been obtained, are not necessary, or to seek such Governmental Approvalsgovernmental approvals. If such Governmental Approvals governmental approvals are necessary for Lessee’s activities and are not obtained, then Lessor shall have the right, without limitation, to require Lessee to cease activities related to such violation on the Leased leased Premises until the violation has been remedied to the satisfaction of Lessor, in its reasonable discretion. iv. d. Except as otherwise stated in this Lease, Lessee shall cure every default set forth in the Notice of Default within sixty (60) calendar days from the date of the Notice of Default. If Lessee has, within the cure period, diligently and in good faith worked to correct the default, then Lessor shall extend the cure period for a length of time that Xxxxxx believes to be reasonably necessary to complete the cure. Any such extension will be contingent upon Xxxxxx’s continued diligence toward a cure throughout the cure period. v. e. All cure periods shall run concurrently and not consecutively.