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Common use of Landlord’s Default Clause in Contracts

Landlord’s Default. Landlord shall in no event be in default under this Lease unless Landlord shall neglect or fail to perform any of its obligations hereunder and shall fail to remedy the same within thirty (30) days after notice to Landlord specifying such neglect or failure, or if such failure is of such a nature that Landlord cannot reasonably remedy the same within such thirty (30) day period, Landlord shall fail to commence promptly (and in any event within such thirty (30) day period) to remedy the same and to prosecute such remedy to completion with diligence and continuity.

Appears in 20 contracts

Samples: Lease Agreement (Arcellx, Inc.), Lease Agreement (Arcellx, Inc.), Lease Agreement (Repligen Corp)

Landlord’s Default. Landlord shall in no event not be in default unless Landlord fails to perform its obligations under this Lease unless Landlord shall neglect or fail to perform any of its obligations hereunder and shall fail to remedy the same within thirty (30) days after written notice to Landlord specifying such neglect or failureby Tenant, or if such failure is of such a nature that Landlord cannot reasonably remedy the same capable of being cured within such thirty (30) day period, Landlord shall fail not be in default unless Landlord has failed to commence promptly (the cure and in diligently pursue the cure to completion. In no event shall Landlord be liable to Tenant or any event within such thirty (30) day period) to remedy the same and to prosecute such remedy to completion with diligence and continuityperson claiming through or under Tenant for consequential, exemplary or punitive damages.

Appears in 7 contracts

Samples: Triple Net Lease Agreement (Zoned Properties, Inc.), Triple Net Lease Agreement (Zoned Properties, Inc.), Lease Agreement (Zoned Properties, Inc.)

Landlord’s Default. Landlord shall in no event be in default under this Lease unless Landlord shall neglect or fail to perform any of its obligations hereunder and shall fail to remedy the same within thirty (30) days after written notice to Landlord specifying such neglect or failure, or if such failure is of such a nature that Landlord cannot reasonably remedy the same within such thirty (30) day period, Landlord shall fail to commence promptly (and in any event within such thirty (30) day period) to remedy the same and to prosecute such remedy to completion with diligence and continuity.

Appears in 3 contracts

Samples: Lease Agreement (Deciphera Pharmaceuticals, Inc.), Lease Agreement (Chiasma, Inc), Lease Agreement (Apellis Pharmaceuticals, Inc.)

Landlord’s Default. Landlord shall in no event be in default under in the performance of any of Landlord’s obligations hereunder unless and until Landlord fails to perform or observe any obligation of this Lease unless Landlord shall neglect and such failure continues, after written notice given by or fail on behalf of Tenant to perform any of its obligations hereunder and shall fail to remedy the same within Landlord, for more than thirty (30) days after notice (or such longer period as may be necessary to Landlord specifying cure such neglect or failuredefault, or if such failure is of such a nature provided that Landlord cannot reasonably remedy commences such cure within the same within such thirty (30) day period, Landlord shall fail to commence promptly (period and in any event within such thirty (30) day period) to remedy thereafter diligently pursues the same and to prosecute such remedy to completion with diligence and continuitycompletion).

Appears in 2 contracts

Samples: Lease (Flywire Corp), Office Lease Agreement (Albireo Pharma, Inc.)

Landlord’s Default. Landlord shall in no event not be in default unless Landlord fails to perform its obligations under this Lease unless Landlord shall neglect or fail to perform any of its obligations hereunder and shall fail to remedy the same within thirty (30) days after written notice to Landlord specifying such neglect or failureby Tenant, or if such failure is of such a nature that Landlord cannot reasonably remedy the same capable of being cured within such thirty (30) day period, Landlord shall fail not be in default unless Landlord has failed to commence promptly (the cure and in any diligently pursue the cure to completion. In no event within such thirty (30) day period) to remedy shall Tenant have the same and to prosecute such remedy to completion with diligence and continuityterminate this Lease except upon final adjudication of competent jurisdiction authorizing such default.

Appears in 2 contracts

Samples: Lease (Eden Bioscience Corp), Lease Agreement (Microvision Inc)

Landlord’s Default. Landlord shall in no event be in default under this Lease unless Landlord shall neglect or fail to perform any of its obligations hereunder and shall fail to remedy the same within thirty ten (3010) days after notice to Landlord specifying such neglect or failure, or if such failure is of such a nature that Landlord cannot reasonably remedy the same within such thirty ten (3010) day period, Landlord shall fail to commence promptly (and in any event within such thirty ten (3010) day period) to remedy the same and to prosecute such remedy to completion with diligence and continuity.

Appears in 2 contracts

Samples: Lease (Cytrx Corp), Lease (Rxi Pharmaceuticals Corp)

Landlord’s Default. Landlord shall in no event be in default under this Lease in the performance of any of Landlord's obligations hereunder unless and until Landlord shall neglect or fail have failed to perform any of its such obligations hereunder and shall fail to remedy the same within thirty (30) days after notice to Landlord specifying such neglect or failuredays, or if such failure is of such a nature that Landlord cannot reasonably remedy the same within such thirty (30) day period, Landlord shall fail to commence promptly (and in any event within such thirty (30) day period) to remedy the same and to prosecute such remedy to completion with diligence and continuity.

Appears in 1 contract

Samples: Lease (Beacon Education Management Inc)

Landlord’s Default. Except as may be otherwise expressly provided in this ------------------ Lease, Landlord shall in no event be in default under this Lease in the performance of any of Landlord's obligations hereunder unless and until Landlord shall neglect or fail have failed to perform any of its such obligations hereunder and shall fail to remedy the same within thirty (30) days after notice to Landlord specifying such neglect or failuredays, or if such failure is of such a nature that Landlord cannot reasonably remedy the same within such thirty (30) day period, Landlord shall fail to commence promptly (and in any event within such thirty (30) day period) to remedy the same and to prosecute such remedy to completion with diligence and continuity.

Appears in 1 contract

Samples: Lease (Lycos Inc)

Landlord’s Default. Landlord shall in no event be in default under ------------------ this Lease unless Landlord shall neglect or fail to perform any of its obligations hereunder and shall fail to remedy the same within thirty (30) days after notice to Landlord specifying such neglect or failure, or if such failure is of such a nature that Landlord cannot reasonably remedy the same within such thirty (30) day period, Landlord shall fail to commence promptly (and in any event within such thirty (30) day period) to remedy the same and to prosecute such remedy to completion with diligence and continuity.

Appears in 1 contract

Samples: Lease (PSW Technologies Inc)

Landlord’s Default. Landlord shall in no event be in default under ------------------ this Lease unless Landlord shall neglect or fail to perform any of its obligations hereunder and shall fail to remedy the same within thirty (30) days after notice to Landlord specifying such neglect or failure, or if such failure is of such a nature that Landlord cannot reasonably remedy the same within such thirty (30) day period, Landlord shall fail to commence promptly (and in any event within such thirty (30) day period) to remedy the same and therefore to prosecute such remedy to completion with diligence and continuity.

Appears in 1 contract

Samples: Lease Agreement (Sycamore Networks Inc)

Landlord’s Default. Landlord shall in no event be in default under ------------------- this Lease unless Landlord shall neglect or fail to perform any of its obligations hereunder and shall fail to remedy the same within thirty (30) days after notice to Landlord specifying such neglect or failure, or if such failure is of such a nature that Landlord cannot reasonably remedy the same within such thirty (30) day period, Landlord shall fail to commence promptly (and in any event within such thirty (30) day period) to remedy the same and to prosecute such remedy to completion with diligence and continuity.

Appears in 1 contract

Samples: Lease (Telehublink Corp)

Landlord’s Default. Landlord shall in no event will not be in default under this Lease unless Landlord shall neglect breaches or fail fails to perform any of its Landlord's obligations hereunder under this Lease and shall fail to remedy the same within thirty (30) breach or failure continues for a period of 30 days after notice to Tenant notifies Landlord specifying such neglect in writing of Landlord's breach or failure, ; provided that if Landlord is not able through the use of commercially reasonable efforts to cure the breach or if such failure is of such a nature that Landlord cannot reasonably remedy the same within such thirty (30) 30 day period, Landlord shall fail to commence promptly (and in any event within such thirty (30) day period) to remedy the same and to prosecute such remedy to completion with diligence and continuity.Landlord's breach or failure is not a default as long as Landlord

Appears in 1 contract

Samples: Lease Agreement (Advanced Digital Information Corp)