Common use of Events of Tenant’s Default Clause in Contracts

Events of Tenant’s Default. Tenant shall be in default of its -------------------------- obligations under this Lease if any of the following events occurs (an "Event of Tenant's Default"): A. Tenant shall have failed to pay Base Monthly Rent or Additional Rent when due, and such failure is not cured within five (5) days after delivery of written notice from Landlord specifying such failure to pay; or B. Tenant shall have failed to perform any term, covenant, or condition of this Lease except those requiring the payment of Base Monthly Rent or Additional Rent, and Tenant shall have failed to cure such breach within thirty (30) days after written notice from Landlord specifying the nature of such breach where such breach could reasonably be cured within such thirty (30) day period, or if such breach could not be reasonably cured within such thirty (30) day period, Tenant shall have failed to commence such cure within such thirty (30) day period and thereafter continue with due diligence to prosecute such cure to completion within such time period as is reasonably needed, but not to exceed one hundred eighty (180) days from the date of Landlord's notice; or C. Tenant shall have sublet the Premises or assigned its interest in this Lease in violation of the provisions contained in Article 14; or D. Tenant shall have vacated or abandoned the Premises; or

Appears in 1 contract

Samples: Lease (Borland Software Corp)

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Events of Tenant’s Default. Tenant shall be in default of its -------------------------- obligations under this Lease if any of the following events occurs (an "Event of Tenant's Default"): A. Tenant shall have failed to pay Base Monthly Rent or Additional Rent when due, and such failure is not cured within five (5) business days after delivery of written notice from Landlord specifying such failure to pay; or B. Tenant shall have failed to perform any term, covenant, or condition of this Lease except those requiring the payment of Base Monthly Rent or Additional Rent, and Tenant shall have failed to cure such breach within thirty (30) days after written notice from Landlord specifying the nature of such breach where such breach could reasonably be cured within such said thirty (30) day period, or if such breach could not be reasonably cured within such said thirty (30) day period, Tenant shall have failed to commence such cure within such said thirty (30) day period and thereafter continue with due diligence to prosecute such cure to completion within such time period as is reasonably needed, needed but not to exceed one hundred eighty ninety (18090) days from the date of Landlord's notice; or C. Tenant shall have sublet the Premises or assigned its interest in this the Lease in violation of the provisions contained in Article 14; or or D. Tenant shall have vacated or abandoned the PremisesPremises or left the Premises substantially vacant; or E. The occurrence of the following: (i) the making by Tenant of any general arrangements or assignments for the benefit of creditors; (ii) Tenant becomes a "debtor" as defined in 11 U.S.

Appears in 1 contract

Samples: Lease (Caliper Technologies Corp)

Events of Tenant’s Default. Tenant shall be in default of its -------------------------- obligations under this Lease if any Any of the following events occurs (occurrences, -------------------------- conditions or acts by Tenant shall constitute an "Event of Default" under this Lease: (a) Failure to Pay Rent, Breach. (i) Tenant's Default"): A. Tenant shall have failed failure to pay make any --------------------------- payment of money required by this Lease (including without limitation Base Monthly Rent Rent, CAM Charges or Additional Rent when dueReal Estate Taxes) (subject to Tenant's right of good faith contest with respect to Real Estate Taxes), and such failure is not cured within five ten (510) days after delivery the receipt of written notice from Landlord specifying such to Tenant that same is overdue (provided Landlord shall not be obligated to provide more than three (3) monetary default notices in any Lease Year); or (ii) Tenant's failure to pay; or B. Tenant shall have failed to observe or perform any term, covenant, or condition other material provision of this Lease except those requiring the payment of Base Monthly Rent or Additional Rent, and Tenant shall have failed to cure such breach within thirty (30) days after receipt of written notice from Landlord to Tenant specifying such default and demanding that the nature of such breach where such breach could reasonably same be cured within such thirty (30) day periodcured; provided that, or if such breach could default cannot with due diligence be reasonably wholly cured within such thirty (30) day period, Tenant shall have failed such longer period as is reasonably necessary to cure the default, so long as Tenant proceeds promptly to commence such the cure of same within such thirty (30) day period and thereafter continue with due diligence to prosecute such diligently prosecutes the cure to completion within and provided further that in the case of an emergency, Landlord shall be required to give only such time period notice as is reasonably needed, but not to exceed one hundred eighty (180) days from reasonable under the date of Landlord's notice; or C. Tenant shall have sublet the Premises or assigned its interest in this Lease in violation of the provisions contained in Article 14; or D. Tenant shall have vacated or abandoned the Premises; orcircumstances.

Appears in 1 contract

Samples: Lease (First Capital Institutional Real Estate LTD 4)

Events of Tenant’s Default. Tenant shall be in default of its -------------------------- obligations under this Lease if any of the following events occurs (an "Event of Tenant's ’s Default"): A. Tenant shall have failed to pay Base Monthly Rent or Additional any Rent when due, and such failure is not cured within five three (53) business days after delivery of written notice from Landlord or Landlord’s counsel specifying such failure to pay; or B. Tenant shall have failed to perform any term, covenant, or condition of this Lease except those requiring the payment of Base Monthly Rent or Additional Rent, and Tenant shall have failed to cure such breach within thirty (30) days after written notice from Landlord specifying the nature of such breach where such breach could reasonably be cured within such said thirty (30) day period, or if such breach could not be reasonably cured within such said thirty (30) day period, Tenant shall have failed to commence such cure within such said thirty (30) day period and thereafter continue with due diligence to prosecute such cure to completion within such time period as is reasonably needed, needed but not to exceed one hundred eighty ninety (18090) days from the date of Landlord's ’s notice; or C. Tenant shall have sublet the Premises or assigned its interest in this the Lease in violation of the provisions contained in Article 14; or or D. Tenant shall have vacated or abandoned the PremisesPremises or left the Premises substantially vacant; or

Appears in 1 contract

Samples: NNN Office Lease (Aridis Pharmaceuticals, Inc.)

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Events of Tenant’s Default. Tenant shall be in default of its -------------------------- obligations under this Lease if any of the following events occurs (an "Event of Tenant's Default"): A. (a) Tenant shall have failed to pay Base Monthly Rent or Additional Rent when due, and such failure is not cured within five (5) days after delivery of written notice from Landlord specifying such failure to pay; or B. (b) Tenant shall have failed to perform any term, covenant, or condition of this Lease except those requiring the payment of Base Monthly Rent or Additional Rent, and Tenant shall have failed to cure such breach within thirty (30) days after written notice from Landlord specifying the nature of such breach where such breach could reasonably be cured within such said thirty (30) day period, or if such breach could not be reasonably cured within such said thirty (30) day period, Tenant shall have failed to commence such cure within such said thirty (30) day period and thereafter continue with due diligence to prosecute such cure to completion within such time period as is reasonably needed, but not to exceed one hundred eighty (180) days from the date of Landlord's notice; or C. (c) Tenant shall have sublet the Premises or assigned its interest in this the Lease in violation of the provisions contained in Article 14; or D. Tenant shall have vacated or abandoned the PremisesSection 17; or (d) The occurrence of the following: (i) the making by Tenant of any general arrangements or assignments for the benefit of creditors; (ii) Tenant becomes a "debtor" as defined in 11 U.S.

Appears in 1 contract

Samples: Industrial Lease Agreement (Mohawk Industries Inc)

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