Common use of FAILURE TO PERFORM COVENANT Clause in Contracts

FAILURE TO PERFORM COVENANT. Any failure on the part of either party to this lease to perform any obligation hereunder, and any delay in doing any act required hereby shall be excused if such failure or delay is caused by any strike, lockout, governmental restriction or any other similar cause beyond the control of the party so failing to perform, to the extent and for the period that such cause continues, save and except that provisions of this paragraph shall not excuse a nonpayment of rent or other sums on due date.

Appears in 2 contracts

Samples: Asset Acquisition Agreement (Iomed Inc), Lease Agreement (Iomed Inc)

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FAILURE TO PERFORM COVENANT. Any failure on the part of either party to this lease Lease to perform any obligation hereunder, and any delay in doing any act required hereby hereby, shall be excused if such failure or delay is caused by any strike, lockout, governmental restriction or any other similar cause beyond the control of the party so failing to perform, to the extent and for the period that such cause continues, save and except that the provisions of this paragraph shall not excuse a nonpayment of non-payment or rent or and other sums on due datehereunder.

Appears in 1 contract

Samples: Lease Agreement (Cyberamerica Corp)

FAILURE TO PERFORM COVENANT. Any failure on the part of either party to this lease Lease Agreement to perform any obligation hereunder, and any delay in doing any an act required hereby shall be excused if such failure or delay is caused by any strike, lockout, governmental restriction restriction, or act of God, or any other similar cause beyond the control of the party parties so failing to perform, to the extent and for the period that such cause continues, save and except that provisions of this paragraph shall not excuse a nonpayment of rent or other sums on due date.

Appears in 1 contract

Samples: Cafe Lease Agreement

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FAILURE TO PERFORM COVENANT. Any failure on the part of either party to this lease Lease to perform any obligation hereunder, and any delay in doing any act required hereby shall be excused if such failure or delay is caused by any strike, lockout, governmental restriction or any other similar cause beyond the control of the party so failing to perform, to the extent and for the period that such cause continues, save and except that the provisions of this paragraph shall not excuse a nonpayment non-payment of rent or other sums due hereunder on its due date.

Appears in 1 contract

Samples: Agreement (Airgate Wireless Inc)

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