Common use of Landlord’s Right to Act Clause in Contracts

Landlord’s Right to Act. In the event that Tenant shall fail to comply with any of its obligations under this Article 26 as and when required hereunder, Landlord shall have the right (but not the obligation) to take such action as is required to be taken by Tenant hereunder and in such event, Tenant shall be liable and responsible to Landlord for all costs, expenses, liabilities, claims and other obligations paid, suffered, or incurred by Landlord in connection with such matters. Tenant shall reimburse Landlord immediately upon demand for all such amounts for which Tenant is liable.

Appears in 8 contracts

Samples: Office Lease (ElectroCore, LLC), Office Lease (ElectroCore, LLC), Office Lease (Caladrius Biosciences, Inc.)

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Landlord’s Right to Act. In the event that Tenant shall fail to comply with any of its obligations under this Article 26 as and when required hereunder, Landlord shall have the right (but not the obligation) to take such action as is required to be taken by Tenant hereunder and in such event, Tenant shall be liable and responsible to Landlord for all costs, expenses, liabilities, claims and other obligations paid, suffered, or incurred by Landlord landlord in connection with such matters. Tenant shall reimburse Landlord immediately upon demand for all such amounts for which Tenant is liable.

Appears in 2 contracts

Samples: May & Speh Inc, May & Speh Inc

Landlord’s Right to Act. In the event that Tenant shall fail to comply with any of its obligations under this Article 26 20 as and when required hereunder, Landlord shall have the right (but not the obligation) to take such action as is required to be taken by Tenant hereunder and in such event, Tenant shall be liable and responsible to Landlord for all costs, expenses, liabilities, claims and other obligations paid, suffered, or incurred by Landlord landlord in connection with such matters. Tenant shall reimburse Landlord immediately upon demand for all such amounts for which Tenant is liable.

Appears in 1 contract

Samples: Sublease Agreement (Midnight Holdings Group Inc)

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Landlord’s Right to Act. In the event that Tenant shall fail to comply with any of its obligations under this Article 26 20 as and when required hereunder, . Landlord shall have the right (but not the obligation) to take such action as is required to be taken by Tenant hereunder and in such event, Tenant shall be liable and responsible to Landlord for all costs, expenses, liabilities, claims and other obligations paid, suffered, or incurred by Landlord landlord in connection with such matters. Tenant shall reimburse Landlord immediately upon demand for all such amounts for which Tenant is liable.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Midnight Holdings Group Inc)

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