Common use of Landlord May Cure the Tenant’s Default Clause in Contracts

Landlord May Cure the Tenant’s Default. If the Tenant defaults in the payment of money that it is required under this Lease to pay to a third party, the Landlord may, after five (5) days’ notice to the Tenant, pay all or part of the amount payable. If the Tenant otherwise defaults under this Lease the Landlord may give the Tenant at least ten (10) days’ prior notice (except that no notice of any default will be required in an emergency) and if the Tenant does not, within such period, commence diligently and then proceed diligently to cure the default, the Landlord may perform or cause to be performed all or part of what the Tenant failed to perform. The Tenant will pay to the Landlord on demand, the Landlord’s expenses incurred under this Section 7.4, plus an Administration Fee.

Appears in 2 contracts

Samples: Lease (Fuelcell Energy Inc), Office Lease (Telvent Git S A)

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Landlord May Cure the Tenant’s Default. If the Tenant defaults in the payment of money that it is required under this Lease to pay be paid to a third party, the Landlord may, after five (5) days’ notice to the Tenant, pay all or part of the amount payable. If the Tenant otherwise defaults under this Lease the Landlord may give the Tenant at least ten (10) days’ prior notice (except that no notice of any default will be required in an emergency) and if the Tenant does not, within such a period, commence diligently and then proceed diligently to cure the default, the Landlord may perform or cause to be performed all or part of what the Tenant failed to perform. The Then Tenant will pay to the Landlord on demand, the Landlord’s expenses incurred under this Section 7.48.2, plus an Administration the Supervision Fee.

Appears in 1 contract

Samples: Agreement of Lease (Dirtt Environmental Solutions LTD)

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Landlord May Cure the Tenant’s Default. If the Tenant defaults in the payment of money that it is required under this Lease to pay be paid to a third party, the Landlord may, after five ten (510) days’ notice to the Tenant, pay all or part of the amount payable. If the Tenant otherwise defaults under this Lease the Landlord may give the Tenant at least ten (10) days’ prior notice (except that no notice of any default will be required in an emergency) and if the Tenant does not, within such a period, commence diligently and then proceed diligently to cure the default, the Landlord may perform or cause to be performed all or part of what the Tenant failed to perform. The Then Tenant will pay to the Landlord on demand, the Landlord’s reasonable expenses incurred under this Section 7.48.2, plus an Administration the Supervision Fee.

Appears in 1 contract

Samples: Lease (Adsero Corp)

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