LANDLORD'S RIGHT TO CURE DEFAULT. All covenants and agreements to be performed by Tenant under this Lease shall be at Tenant's sole cost and expense and without any abatement of Rent, unless otherwise specified in this Lease. If Tenant shall fail to pay any sum of money, other than Rent, required to be paid by Tenant pursuant to this Lease or shall fail to perform any other act on Tenant's part to be performed under this Lease and such shall have become an Event of Default under Paragraph 17 above, Landlord may, but shall not be obligated so to do and without waiving or releasing Tenant from any obligations of Tenant, make any such payment or perform any such other act on Tenant's part to be made or performed as provided in this Lease. All sums paid by Landlord, whether to fulfill Tenant's unfulfilled payment obligations or to perform Tenant's unfulfilled performance obligations, and all incidental costs shall be deemed Additional Rent hereunder and shall be payable to Landlord on demand.
Appears in 3 contracts
Samples: Ground Lease (Renaissance Entertainment Corp), Ground Lease (Renaissance Entertainment Corp), Ground Lease (Renaissance Entertainment Corp)
LANDLORD'S RIGHT TO CURE DEFAULT. All covenants and agreements to be kept or performed by Tenant under the terms of this Lease shall be performed by Tenant at Tenant's ’s sole cost and expense and without any abatement reduction of Rent, unless otherwise specified in this Leaserent. If Tenant shall fail be in default on its obligations under this Lease to pay any sum of money, money other than Rent, required to be paid by Tenant pursuant to this Lease payment of rent or shall fail to perform any other act on Tenant's part to be performed under this Lease hereunder, and if such shall have become an Event of Default under Paragraph 17 abovedefault is not cured within the applicable grace period provided in paragraph 21 hereof, Landlord may, but shall not be obligated so to do and without waiving or releasing Tenant from any obligations of Tenantto, make any such payment or perform any such other act on Tenant's ’s part to be made or performed as provided in this Leasewithout waiving its right based upon default of Tenant and without releasing Tenant from any obligations hereunder. All sums so paid by Landlord and all incidental costs, together with interest thereon at the rate of ten percent (10%) per annum from the date of such payment or the incurrence of such cost by Landlord, whether to fulfill Tenant's unfulfilled payment obligations or to perform Tenant's unfulfilled performance obligationswhichever occurs first, and all incidental costs shall be deemed Additional Rent hereunder and shall be payable paid to Landlord on demand. In the event of nonpayment by Tenant, Landlord shall have, in addition to any other rights or remedies hereunder, the same rights and remedies as in the case of default.
Appears in 2 contracts
Samples: Lease (Trulia, Inc.), Lease (Constant Contact, Inc.)