Common use of Events of Default by Tenant Clause in Contracts

Events of Default by Tenant. Except as otherwise provided in this Lease, the failure to perform or honor any covenant, condition or other obligation of Tenant or the failure of any representation made by Tenant under this Lease shall constitute a default by Tenant upon expiration of the applicable grace period, if any. Tenant shall have a period of five (5) days from the date it receives written notice from Landlord that any payment of Rent is due within which to cure any default in the payment of Rent. Except as otherwise provided in Section 19, Tenant shall have a period of thirty (30) days from the date of written notice from Landlord within which to cure any other default under this Lease; provided, however, that with respect to any default (other than a default which can be cured by the payment of money) that cannot reasonably be cured within thirty (30) days, the default shall not be deemed to be uncured if Tenant commences to cure within thirty (30) days from Landlord’s notice, continues to prosecute diligently the curing of such default. Notwithstanding anything contained in this Section 18.1, Landlord shall not be obligated to provide Tenant with notice of substantially similar defaults more than two (2) times in any twelve (12) month period.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement (Zulily, Inc.)

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Events of Default by Tenant. Except as otherwise provided in this Lease, the failure to perform or honor any covenant, condition or other obligation of Tenant or the failure of any representation made by Tenant under this Lease shall constitute a default by Tenant upon expiration of the applicable grace period, if any. Tenant shall have a period of five (5) days from the date it receives written notice from Landlord that any payment of Rent is due within which to cure any default in the payment of Rent. Except as otherwise provided in Section 19, Tenant shall have a period of thirty (30) days from the date of written notice from Landlord within which to cure any other default under this Lease; provided, however, that with respect to any default (other than a default which can be cured by the payment of money) that cannot reasonably be cured within thirty (30) days, the default shall not be deemed to be uncured if Tenant commences to cure within thirty (30) days from Landlord’s 's notice, continues to prosecute diligently the curing of such defaultdefault and actually cures such default within ninety (90) days after Landlord's notice. Notwithstanding anything contained in this Section 18.1, Landlord shall not be obligated to provide Tenant with notice of substantially similar defaults more than two (2) times in any twelve (12) month period.

Appears in 2 contracts

Samples: Lease Agreement (Lawson Products Inc/New/De/), Real Estate Sales Contract (Lawson Products Inc/New/De/)

Events of Default by Tenant. Except Any vacation or abandonment of the Premises for a continuous period in excess of five (5) business days or any failure to pay any Rent as otherwise provided in this Leaseand when due, the or any failure to perform or honor comply strictly with any covenant, material covenant or condition of or other obligation of Tenant or the failure of any representation made by Tenant under this Lease Sublease (including any Exhibits hereto), or any default under the terms of the Fuel Sales Agreement of even date hereof, shall constitute a default hereunder by Tenant upon Tenant, subject in the specific instances set forth below to the expiration of the applicable appropriate grace period, if anyperiod hereinafter provided. Tenant shall have a period of five (5) days from the date it receives of receipt of written notice from Landlord that any payment of Rent is due within which to cure any default in the payment of Rent. Except as otherwise provided in Section 19, Tenant shall have a period of thirty fifteen (3015) days from the date of receipt of written notice from Landlord within which to cure any other default under this LeaseSublease; provided, however, that with respect to any default (other than a default which can be cured by the payment of money) Rent that cannot reasonably be cured within thirty fifteen (3015) days, the default shall not be deemed to be uncured if Tenant commences to cure such default within thirty fifteen (3015) days from Landlord’s notice, 's notice and continues to prosecute diligently the curing of such default. Notwithstanding anything contained in this Section 18.1, Landlord shall not be obligated thereof to provide Tenant with notice of substantially similar defaults more than two (2) times in any twelve (12) month periodcompletion within a reasonable time.

Appears in 1 contract

Samples: Sublease Agreement (Gulfstream Aerospace Corp)

Events of Default by Tenant. Except as otherwise provided in this Lease, the failure to perform or honor any covenant, condition or other obligation of Tenant or the failure of any representation made by Tenant under this Lease shall constitute a default by Tenant upon expiration of the applicable grace period, if any. Tenant shall have a period of five (5) days from the date it receives written notice from Landlord that any payment of Rent is due within which to cure any default in the payment of Rent. Except as otherwise provided in Section 19Article 20, Tenant shall have a period of thirty (30) days from the date of written notice from Landlord within which to cure any other default under this Lease; provided, however, that with respect to any default (other than a default which can be cured by the payment of money) that cannot reasonably be cured within thirty (30) days, the default shall not be deemed to be uncured if Tenant commences to cure within thirty (30) days from Landlord’s notice, continues to prosecute diligently the curing of such defaultdefault and actually cures such default within ninety (90) days after Landlord’s notice. Notwithstanding anything contained in this Section 18.119.1, Landlord shall not be obligated to provide Tenant with notice of substantially similar defaults more than two (2) times in any twelve (12) month period.

Appears in 1 contract

Samples: Industrial Lease (Williams Sonoma Inc)

Events of Default by Tenant. Except as otherwise provided in this Lease, the The failure to perform or honor any covenant, condition or other obligation of Tenant or the failure of any representation made by Tenant under this Lease shall constitute a default by Tenant upon expiration of the applicable grace period, if any. Tenant shall have a period of five (5) days from the date it receives written notice from Landlord that any payment of Rent is due within which to cure any default in the payment of Rent. Except as otherwise provided in Section 19, Tenant shall have a period of thirty often (30ten) days from the date of written notice from Landlord within which to cure any other default under this Lease; provided, however, that with respect to any default (other than a default which can be cured by the payment of money) that cannot reasonably be cured within thirty ten (3010) days, the default shall not be deemed to be uncured if Tenant commences to cure within thirty ten (3010) days from Landlord’s 's notice, . continues to prosecute diligently the curing of such defaultdefault and actually cures such default within thirty (30) days after Landlord's notice. Notwithstanding anything contained in this Section 18.1, Landlord shall not be obligated to provide Tenant with notice of substantially similar defaults more than two (2) times in any twelve (12) month period.- 2S-

Appears in 1 contract

Samples: Lease Agreement (Value Line Inc)

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Events of Default by Tenant. Except as otherwise provided in this Lease, the failure to perform or honor any covenant, condition or other obligation of Tenant or the failure of any representation made by Tenant under this Lease shall constitute a default by Tenant upon expiration of the applicable grace period, if any. Tenant shall have a period of five (5) days from the date it receives written notice from Landlord that any payment of Rent is due within which to cure any default in the payment of Rent. Except as otherwise provided in Section 1918, Tenant shall have a period of thirty (30) days from the date of written notice from Landlord within which to cure any other default under this Lease; provided, however, that with respect to any default (other than a default which can be cured by the payment of money) that cannot reasonably be cured within thirty (30) days, the default shall not be deemed to be uncured if Tenant commences to cure within thirty (30) days from Landlord’s notice, continues to prosecute diligently the curing of such defaultdefault and actually cures such default within ninety (90) days after Landlord’s notice. Notwithstanding anything contained in this Section 18.117.1, Landlord shall not be obligated to provide Tenant with notice of substantially similar defaults more than two (2) times in any twelve (12) month period.

Appears in 1 contract

Samples: Lease Agreement (Sonicwall Inc)

Events of Default by Tenant. Except as otherwise provided in this Lease, the failure to perform or honor any covenant, condition or other obligation of Tenant Tenant, or the failure of any representation made by Tenant under this Lease Lease, shall constitute a default by Tenant upon expiration of the applicable grace period, if any. Tenant shall have a period of five ten (510) days from the date it receives written notice from Landlord that any payment of Rent is due within which to cure any default in the payment of Rent. Except as otherwise provided in Section 1918, Tenant shall have a period of thirty (30) days from the date of written notice from Landlord within which to cure any other default under this Lease; provided, however, that with respect to any default (other than a default which can be cured by the payment of money) that cannot reasonably be cured within thirty (30) days, the default shall not be deemed to be uncured if Tenant commences to cure within thirty (30) days from Landlord’s notice, notice and thereafter continues to prosecute diligently the curing of such default. Notwithstanding anything contained in this Section 18.1, Landlord shall not be obligated to provide Tenant with notice of substantially similar defaults more than two (2) times in any twelve (12) month perioddefault until completion.

Appears in 1 contract

Samples: Lease Agreement

Events of Default by Tenant. Except as otherwise provided in this Lease, the failure to perform or honor any covenant, condition or other obligation of Tenant or the failure of any representation made by Tenant under this Lease shall constitute a default by Tenant upon expiration of the applicable grace period, if any. , Tenant shall have a period of five (5) days from the date it receives written notice from Landlord that any payment of Rent is due within which to cure any default in the payment of Rent. , Except as otherwise provided in Section 19Article 20, Tenant shall have a period of thirty (30) days from the date of written notice from Landlord within which to cure any other default under this Lease; provided, however, that with respect to any default (other than a default which can be cured by the payment of money) that cannot reasonably be cured within thirty (30) days, the default shall not be deemed to be uncured if Tenant commences to cure within thirty (30) days from Landlord’s notice, continues to prosecute diligently the curing of such defaultdefault and actually cures such default within ninety (90) days after Landlord’s notice. Notwithstanding anything contained in this Section 18.119.1, Landlord shall not be obligated to provide Tenant with notice of substantially similar defaults more than two (2) times in any twelve (12) month period.

Appears in 1 contract

Samples: Industrial Lease (Kid Brands, Inc)

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