Common use of Failure to Provide Adequate Assurance Clause in Contracts

Failure to Provide Adequate Assurance. In the event Tenant is unable to (i) cure its defaults, (ii) reimburse the Landlord for its monetary damages, (iii) pay the rent due under this Lease, and all other payments required of Tenant under this Lease on time (or within five (5) days), or (iv) meet the criteria and obligations imposed by Section 11.2(e) above, Tenant agrees in advance that it has not met its burden to provide adequate assurance of future performance, and this Lease may be terminated by Landlord in accordance with Section 11.2(a) above.

Appears in 3 contracts

Samples: Lease and Lease Extension Agreement (Otg Software Inc), Template Software Inc, Techteam Global Inc

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Failure to Provide Adequate Assurance. In the event Tenant is unable to (i) cure its defaults, (ii) reimburse the Landlord for its monetary damages, (iii) pay the rent due under this Lease, Lease and all other payments required of Tenant under this Lease on time (or within five three (53) days), or (iv) meet the criteria and obligations imposed by Section 11.2(eParagraph 26.5(d) above, Tenant agrees in advance that it has not met its burden to provide adequate assurance of future performance, and this Lease may be terminated by Landlord in accordance with Section 11.2(aParagraph 26.5(a) above.

Appears in 3 contracts

Samples: Merrill Creek Center (Zumiez Inc), Merrill Creek Center Lease Agreement (Zumiez Inc), Lease Agreement (Onvia Inc)

Failure to Provide Adequate Assurance. In the event Tenant is unable to (i) cure its defaults, . (ii) reimburse the Landlord for its monetary damages, (iii) pay the rent due under this Lease, and all other payments required of Tenant under this Lease on time (or within five (5) days), or (iv) meet the criteria and obligations imposed by Section 11.2(e11.2(c) above, Tenant agrees in advance that (hat it has not met its burden to provide adequate assurance of future performance, . and this Lease may be terminated by Landlord in accordance with Section 11.2(a) above.

Appears in 1 contract

Samples: Template Software Inc

Failure to Provide Adequate Assurance. In the event Tenant is unable to (iI) cure its defaults, (ii) reimburse the Landlord for its monetary damages, (iii) pay the rent due under this Lease, and all other payments required of Tenant under this Lease on time (or within five (5) daysdays of the due date), or (iv) meet the criteria and obligations imposed by Section 11.2(esection 13.2(e) above, Tenant agrees in advance that it has not met its burden to provide adequate assurance of future performance, and this Lease may be terminated by Landlord in accordance with Section 11.2(asection 13.2(a) above.

Appears in 1 contract

Samples: Lease (Franklin Bancorporation Inc)

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Failure to Provide Adequate Assurance. In the event Tenant is unable to (i) cure its defaults, (ii) reimburse the Landlord for its monetary damages, (iii) pay the rent due under this Lease, and all other payments required of Tenant under this Lease on time (or within five (5) days), or (iv) meet the criteria and obligations imposed by Section section 11.2(e) above, Tenant agrees Xxxxxx agrees, in advance that it has not met its burden to provide adequate assurance of future performance, and this Lease may be terminated by Landlord in accordance with Section section 11.2(a) above.

Appears in 1 contract

Samples: Lease Extension Agreement (Sherwood Brands Inc)

Failure to Provide Adequate Assurance. In the event Tenant is unable to (i) cure its defaults, (ii) reimburse the Landlord for its monetary damages, (iii) pay the rent due under this Lease, Lease and all other payments required of Tenant under this Lease on time (or within five business (5) days), or (iv) meet the criteria and obligations imposed by Section 11.2(e24.5(d) above, Tenant agrees in advance that it has not met its burden to provide adequate assurance of future performance, and this Lease may be terminated by Landlord in accordance with Section 11.2(a24.5(a) above.

Appears in 1 contract

Samples: Sublease Agreement (Erickson Inc.)

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