Common use of Landlord's Remedy for Tenant's Breach Clause in Contracts

Landlord's Remedy for Tenant's Breach. If Tenant shall ------------------------------------- fail to remove or discharge any aforesaid mechanic's notice of intention or lien claim within fourteen (14) days after notice of knowledge of the filing of same, then in addition to all other rights of Landlord hereunder or by law upon a default by Tenant, Landlord may, at its option, procure the removal or discharge of same. Any amount paid by Landlord for such purpose, including all reasonable attorney's fees and other expenses therefor, together with interest thereon at the Lease Interest Rate (as hereinafter defined), shall become due and payable from Tenant to Landlord as additional rent, and in the event of Tenant's failure to pay therefor within fifteen (15) days after demand, the same shall be added to and be due and payable with the next month's rent.

Appears in 1 contract

Samples: Lease Agreement (Markland Technologies Inc)

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Landlord's Remedy for Tenant's Breach. If Tenant shall ------------------------------------- fail to remove or discharge any aforesaid mechanic's notice of intention or lien claim within fourteen (14) days after notice of knowledge of the filing of same, then in addition to all other rights of Landlord hereunder or by law upon a default by Tenant, Landlord may, at its option, procure the removal or discharge of same. Any amount paid by Landlord for such purpose, including all reasonable attorney's attorneys' fees and other expenses therefortherefore, together with interest thereon at the Lease Interest Rate (as hereinafter defined), shall become due and payable from by Tenant to Landlord as additional rent, and in the event of Tenant's failure to pay therefor therefore within fifteen (15) days after demand, the same shall be added to and be due and payable with the next month's months rent.

Appears in 1 contract

Samples: Lease Agreement (Vertex Industries Inc)

Landlord's Remedy for Tenant's Breach. If Tenant shall fail ------------------------------------- fail to remove or discharge any aforesaid mechanic's notice of intention or lien claim within fourteen (14) days after notice of knowledge of the filing of same, then in addition to all other rights of Landlord hereunder or by law upon a default by Tenant, Landlord may, at its option, procure the removal or discharge of same. Any amount paid by Landlord for such purpose, including all reasonable attorney's fees and other expenses therefor, together with interest thereon at the Lease Interest Rate (as hereinafter defined), shall become due and payable from by Tenant to Landlord as additional rent, and in the event of Tenant's failure to pay therefor within fifteen (15) days after demand, the same shall be added to and be due and payable with the next month's rent.

Appears in 1 contract

Samples: Lease Agreement (Happy Kids Inc)

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Landlord's Remedy for Tenant's Breach. If Tenant shall ------------------------------------- fail to remove or discharge any aforesaid mechanic's notice of intention unpaid balance, mechanic’s lien claim or construction lien claim within fourteen sixty (1460) days after notice of or knowledge of the filing of same, then in addition to all other rights of Landlord hereunder or by law upon a default by Tenanthereunder, Landlord may, at its option, procure the removal or discharge of same. Any amount paid by Landlord for such purpose, including all reasonable attorney's ’s fees and other expenses therefor, together with interest thereon at the Lease Interest Rate (as hereinafter defined)Rate, shall become due and payable from by Tenant to Landlord as additional rentAdditional Rent, and in the event of Tenant's ’s failure to pay therefor within fifteen (15) days after demand, the same shall be added to and be due and payable with the next month's rent’s Base Rent.

Appears in 1 contract

Samples: Lease Agreement (American Realty Capital Trust, Inc.)

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