Common use of LANDLORD'S RIGHT TO CURE DEFAULT Clause in Contracts

LANDLORD'S RIGHT TO CURE DEFAULT. In the event Tenant fails to timely perform or observe any of the terms and conditions of this lease to be observed or performed by Tenant, and such failure on the part of Tenant shall continue after the giving of all required notices by Landlord to Tenant and the expiration of all applicable cure periods, then and in such event, Landlord may, but shall not be obligated to, without any further notice to or demand upon Tenant, make the payment Tenant has failed to make or perform or otherwise cause compliance with the provision that is the subject of Tenant's failure. Landlord's taking such action shall not be considered a cure of such failure by Tenant. Landlord may take such action without releasing Tenant from any obligations under this lease and without waiving or releasing any right or remedy of Landlord under this lease, at law or in equity with respect to the matter in question. Tenant shall pay to Landlord, no later than 15 days after demand, all costs incurred by Landlord in connection with the remedying by Landlord of Defaults by Tenant under this lease and all other reasonable amounts paid and obligations incurred by Landlord in connection therewith.

Appears in 3 contracts

Samples: Warehouse Lease, Warehouse Lease, Warehouse Lease

AutoNDA by SimpleDocs

LANDLORD'S RIGHT TO CURE DEFAULT. In the event Tenant fails to timely perform or observe any of the terms and conditions of this lease to be observed or performed by Tenant, and such failure on the part of Tenant shall continue after the giving of all required notices by Landlord to Tenant and the expiration of all applicable cure periods, then and in such event, Landlord may, but shall not be obligated to, without any further notice to or demand upon Tenant, make the payment Tenant has failed to make or perform or otherwise cause compliance with the provision that is the subject of Tenant's failure. LandlordXxxxxxxx's taking such action shall not be considered a cure of such failure by TenantXxxxxx. Landlord may take such action without releasing Tenant from any obligations under this lease and without waiving or releasing any right or remedy of Landlord under this lease, at law or in equity with respect to the matter in question. Tenant shall pay to Landlord, no later than 15 days after demand, all costs incurred by Landlord in connection with the remedying by Landlord of Defaults by Tenant under this lease and all other reasonable amounts paid and obligations incurred by Landlord in connection therewith.

Appears in 3 contracts

Samples: Warehouse Lease, Warehouse Lease, Warehouse Lease

LANDLORD'S RIGHT TO CURE DEFAULT. In the event Tenant fails to timely perform or observe any of the terms and conditions of this lease Sublease to be observed or performed by TenantTenant beyond any applicable cure period, and such failure on the part of Tenant shall continue Landlord, after the giving of all required notices by Landlord not less than 10 days' notice thereof to Tenant and (provided, however, that in the expiration case of all applicable cure periodsany emergency, then and in no such eventnotice shall be applicable), Landlord may, may (but shall not be obligated to, without any further notice to or demand upon Tenant, ) make the payment Tenant has failed to make or perform or otherwise cause compliance with the provision that is the subject of Tenant's failure, but only to the extent that Tenant has not commenced such performance or payment. Landlord's taking such action shall not be considered a cure of such failure by Tenant. Landlord may take such action without releasing Tenant from any obligations under this lease Sublease and without waiving or releasing any right or remedy of Landlord under this leaseSublease, at law or in equity with respect to the matter in question. Not later than 30 days after written demand shall be made therefor by Landlord of Tenant, Tenant shall pay to Landlord, no later than 15 days after demand, Landlord all costs incurred by Landlord in connection with the remedying by Landlord of Defaults defaults by Tenant under this lease Sublease and all other reasonable amounts paid and obligations incurred by Landlord in connection therewith.

Appears in 1 contract

Samples: Sublease (8x8 Inc /De/)

LANDLORD'S RIGHT TO CURE DEFAULT. In the event Tenant fails to timely perform or observe any of the terms and conditions of this lease Lease to be observed or performed by Tenant, and Landlord shall have the right (but not the obligation) after giving not less than 10 days' prior notice thereof to Tenant (provided, however, that no such failure on the part of Tenant notice shall continue after the giving of all be required notices to be given by Landlord to Tenant and the expiration of all applicable cure periods, then and in such event, Landlord may, but shall not be obligated to, without at any further notice to time or demand upon Tenantduring any conditions constituting an Emergency), make the payment Tenant has failed to make or perform or otherwise cause compliance with the provision that is the subject of Tenant's failure. Landlord's taking such action shall not be considered a cure of such failure by Tenant. Landlord may take such action without releasing Tenant from any obligations under this lease Lease and without waiving or releasing any right or remedy of Landlord under this leaseLease, at law or in equity with respect to the matter in question. Tenant shall pay to Landlord, no later than 15 days after upon demand, all costs incurred by Landlord in connection with the remedying by Landlord of Defaults defaults by Tenant under this lease Lease and all other reasonable amounts paid and obligations incurred by Landlord in connection therewith.

Appears in 1 contract

Samples: Lease Agreement (Carrollton Bancorp)

AutoNDA by SimpleDocs

LANDLORD'S RIGHT TO CURE DEFAULT. In the event Tenant fails to timely perform or observe any of the terms and conditions of this lease Sublease to be observed or performed by TenantTenant beyond any applicable cure period, and such failure on the part of Tenant shall continue Landlord, after the giving of all required notices by Landlord not less than 10 days’ notice thereof to Tenant and (provided, however, that in the expiration case of all applicable cure periodsany emergency, then and in no such eventnotice shall be applicable), Landlord may, may (but shall not be obligated to, without any further notice to or demand upon Tenant, ) make the payment Tenant has failed to make or perform or otherwise cause compliance with the provision that is the subject of Tenant's failure, but only to the extent that Tenant has not commenced such performance or payment. Landlord's taking such action shall not be considered a cure of such failure by Tenant. Landlord may take such action without releasing Tenant from any obligations under this lease Sublease and without waiving or releasing any right or remedy of Landlord under this leaseSublease, at law or in equity with respect to the matter in question. Not later than 30 days after written demand shall be made therefor by Landlord of Tenant, Tenant shall pay to Landlord, no later than 15 days after demand, Landlord all costs incurred by Landlord in connection with the remedying by Landlord of Defaults defaults by Tenant under this lease Sublease and all other reasonable amounts paid and obligations incurred by Landlord in connection therewith.

Appears in 1 contract

Samples: Sublease

Time is Money Join Law Insider Premium to draft better contracts faster.