Common use of Financial Assurances Clause in Contracts

Financial Assurances. In addition to all other rights and remedies available to Landlord under this Lease or otherwise, Landlord may, in the event of a breach of the requirements of this Section 29 that is not cured within thirty (30) days following notice to Tenant of the breach, require Tenant to provide reasonable financial assurance (such as insurance, escrow of funds, or third party guarantee) in an amount and form mutually satisfactory to Landlord and Tenant. The requirements of this Section 29 are in addition to and not in lieu of any other provision in this Lease.

Financial Assurances. In addition to all other rights and remedies available to Landlord under this Lease or otherwise, Landlord may, in the event of a breach of the requirements of this Section 29 that is not cured within thirty (30) days following notice to Tenant of the breach, require Tenant to provide reasonable financial assurance (such as insurance, escrow of funds, or third party guarantee) in an amount and form mutually satisfactory to Landlord and Tenant. The requirements of this Section 29 are in addition to and not in lieu of any other provision in this Lease. 29.