Landlord’s Right to Cure Defaults. All agreements and provisions to be performed by Tenant under any of the terms of this Lease shall be at Tenant’s sole cost and expense and without any abatement of Rent. If Tenant shall fail to pay any sum of money, other than monthly installments of Base Rent and Estimated Additional Rent, required to be paid by it hereunder or shall fail to cure any default within any applicable cure, grace or notice period contained herein, then Landlord may, but shall in no event be obligated to, make any such payment or perform any such act on Tenant’s account, and such cure by Landlord shall not be deemed a waiver by Landlord of any of its other remedies or a release of Tenant from any obligations hereunder. All sums so paid by Landlord and all costs incurred by Landlord in taking such action shall be deemed Rent and shall be paid to Landlord on demand, and Landlord shall have (in addition to all other rights and remedies of Landlord) the same rights and remedies in the event of the non-payment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunder.
Appears in 3 contracts
Samples: Lease Agreement (Q2 Holdings, Inc.), Lease Agreement (Q2 Holdings, Inc.), Lease Agreement (Q2 Holdings, Inc.)
Landlord’s Right to Cure Defaults. All agreements and provisions to be performed by Tenant under any of the terms of this Lease shall be at Tenant’s its sole cost and expense and without any abatement of Rentrental. If Tenant shall fail to pay any sum of moneymoney and such failure is unexcused under the terms hereof, other than monthly installments of Base Rent and Estimated Additional Rent, rental required to be paid by it hereunder hereunder, or shall fail to cure perform any default within any applicable cureother act on its part to be performed hereunder and such failure shall continue for thirty (30) days after notice thereof by Landlord, grace or notice period contained herein, then Landlord may, but shall in no event not be obligated toso 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 account, and such cure by Landlord shall not 's part to be deemed a waiver by Landlord of any of its other remedies made or a release of Tenant from any obligations hereunderperformed as in this Lease provided. All sums so paid by Landlord and all necessary incidental costs incurred by Landlord in taking such action shall be deemed Rent additional rent hereunder and shall be paid payable to Landlord on demand, and Landlord shall have (in addition to all any other rights and remedies right or remedy of Landlord) the same rights and remedies in the event of the non-payment nonpayment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunderrental.
Appears in 2 contracts
Samples: Lease (D & K Healthcare Resources Inc), Lease (D & K Healthcare Resources Inc)
Landlord’s Right to Cure Defaults. All agreements covenants, terms and provisions conditions to be performed by Tenant under any of the terms of this Lease shall be at Tenant’s its sole cost and expense and without any abatement of Rentrental. If Tenant shall fail to pay perform any sum of money, other than monthly installments of Base Rent and Estimated Additional Rent, required act on its part to be paid performed hereunder and such failure shall continue for thirty (30) days after notice thereof by it hereunder or shall fail to cure any default within any applicable cureLandlord, grace or notice period contained herein, then Landlord may, but shall in no event not be obligated toso 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 account, and such cure by Landlord shall not part to be deemed a waiver by Landlord of any of its other remedies made or a release of Tenant from any obligations hereunderperformed as in this Lease provided. All sums so paid by Landlord and all necessary incidental costs incurred by Landlord in taking such action shall be deemed Rent additional rental hereunder and shall be paid payable to Landlord on demand, and Landlord shall have (in addition to all any other rights and remedies right or remedy of Landlord) the same rights and remedies in the event of the non-nonpayment thereof by Tenant as in the case of default by Tenant in the payment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunderBasic Rental.
Appears in 2 contracts
Samples: Gross Lease (ENDRA Life Sciences Inc.), Gross Lease (Endra Inc.)
Landlord’s Right to Cure Defaults. All agreements covenants, terms and provisions conditions to be performed by Tenant under any of the terms of this Lease shall be at Tenant’s its sole cost and expense and without any abatement of Rentrental. If Tenant shall fail to pay any sum of money, other than monthly installments of Base Rent and Estimated Additional RentBasic Rental, required to be paid by it hereunder or shall fail to cure perform any default within any applicable cureother act on its part to be performed hereunder and such failure shall continue for two (2) business days in the case of emergencies involving imminent harm to human life or property and in all other instances such failure shall continue for more than thirty (30) days after notice thereof by Landlord, grace or notice period contained herein, then Landlord may, but shall in no event not be obligated toso 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 account, and such cure by Landlord shall not part to be deemed a waiver by Landlord of any of its other remedies made or a release of Tenant from any obligations hereunderperformed as in this Lease provided. All sums so paid by Landlord and all necessary incidental costs incurred by Landlord in taking such action shall be deemed Rent additional rental hereunder and shall be paid payable to Landlord on demand, and Landlord shall have (in addition to all any other rights and remedies right or remedy of Landlord) the same rights and remedies in the event of the non-nonpayment thereof by Tenant as in the case of default by Tenant in the payment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunderBasic Rental.
Appears in 2 contracts
Samples: Lease (Covisint Corp), Lease (Covisint Corp)
Landlord’s Right to Cure Defaults. All agreements and provisions to be performed by Tenant under any of the terms of this Lease shall be performed at Tenant’s 's sole cost and expense and without any abatement of Rentrent. If Tenant shall fail to pay any sum of money, other than monthly installments of Base Rent and Estimated Additional Rentrent, required to be paid by it hereunder or shall fail to cure perform any default within any applicable cureother act on its part to be performed hereunder and such failure shall continue for thirty (30) days after notice thereof by Landlord, grace or notice period contained herein, then Landlord may, but shall in no event not be obligated toto do so, and without waiving or releasing Tenant from any obligations of Tenant, make any such payment or perform any such other act on Tenant’s account, and such cure by Landlord shall not 's part to be deemed a waiver by Landlord of any of its other remedies made or a release of Tenant from any obligations hereunderperformed as provided in this Lease. All sums so paid by Landlord and all necessary incidental costs incurred by Landlord in taking such action shall be deemed Rent additional rent payable hereunder and shall be paid payable to Landlord on demand, and Landlord shall have (in addition to all any other rights and remedies right or remedy of Landlord) the same rights and remedies in the event of the non-payment nonpayment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunderrental.
Appears in 2 contracts
Samples: Office Space Lease (Adexa Inc), Office Space Lease (Adexa Inc)
Landlord’s Right to Cure Defaults. All agreements covenants, terms and provisions conditions to be performed by Tenant under any of the terms of this Lease shall be at Tenant’s its sole cost and expense and without any abatement of Rentrental. If Tenant shall fail to pay any sum of money, other than monthly installments of Base Rent and Estimated Additional RentBasic Rental, required to be paid by it hereunder or shall fail to cure perform any default within any applicable cureother act on its part to be performed hereunder and such failure shall continue for thirty (30) days after notice thereof by Landlord, grace or notice period contained herein, then Landlord may, but shall in no event not be obligated toso 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 account, and such cure by Landlord shall not part to be deemed a waiver by Landlord of any of its other remedies made or a release of Tenant from any obligations hereunderperformed as in this Lease provided. All sums so paid by Landlord and all necessary incidental costs incurred by Landlord in taking such action shall be deemed Additional Rent hereunder and shall be paid payable to Landlord on demand, and Landlord shall have (in addition to all any other rights and remedies right or remedy of Landlord) the same rights and remedies in the event of the non-nonpayment thereof by Tenant as in the case of default by Tenant in the payment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunderBasic Rental.
Appears in 2 contracts
Samples: Lease (UWM Holdings Corp), Lease Agreement (UWM Holdings Corp)
Landlord’s Right to Cure Defaults. All agreements covenants, terms and provisions conditions to be performed by Tenant under any of the terms of this Lease shall be at Tenant’s its sole cost and expense and without any abatement of Rentrental. If Tenant shall fail to pay any sum of money, other than monthly installments of Base Rent and Estimated Additional RentBasic Rental, required to be paid by it hereunder or shall fail to cure perform any default within any applicable cureother act on its part to be performed hereunder and such failure shall continue for thirty (30) days after notice thereof by Landlord, grace or notice period contained herein, then Landlord may, but shall in no event not be obligated toso 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 account, and such cure by Landlord shall not part to be deemed a waiver by Landlord of any of its other remedies made or a release of Tenant from any obligations hereunderperformed as in this Lease provided. All sums so paid by Landlord and all necessary incidental costs incurred by Landlord in taking such action shall be deemed Rent additional rental hereunder and shall be paid payable to Landlord on demand, and Landlord shall have (in addition to all any other rights and remedies right or remedy of Landlord) the same rights and remedies in the event of the non-nonpayment thereof by Tenant as in the case of default by Tenant in the payment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunderBasic Rental.
Appears in 2 contracts
Samples: Lease (Metaldyne Performance Group Inc.), Lease (Metastorm Inc)
Landlord’s Right to Cure Defaults. All agreements covenants, terms and provisions conditions to be performed by Tenant under any of the terms of this Lease shall be at Tenant’s its sole cost and expense and without any abatement of Rentrent. If Tenant shall fail to pay any sum of money, other than monthly installments of Base Rent and Estimated Additional Basic Annual Rent, required to be paid by it hereunder or shall fail to cure perform any default within any applicable cureother act on its part to be performed hereunder and such failure shall continue for thirty (30) days after notice thereof by Landlord, grace or notice period contained herein, then Landlord may, but shall in no event not be obligated toso 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 account, and such cure by Landlord shall not 's part to be deemed a waiver by Landlord of any of its other remedies made or a release of Tenant from any obligations hereunderperformed as in this Lease provided. All sums so paid by Landlord and all necessary incidental costs incurred paid by Landlord in taking such action shall be deemed Rent additional rental hereunder and shall be paid payable to Landlord on demandwithin thirty (30) days after demand therefor, and Landlord shall have (in addition to all any other rights and remedies right or remedy of Landlord) the same rights and remedies in the event of the non-payment nonpayment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunderBasic Annual Rent. Furthermore, all amounts expended by Landlord hereunder shall bear interest from the date expended until the entire amount is paid at the rate of two percent (2%) in excess of the Prime Rate of Comerica Bank (the "Default Rate").
Appears in 1 contract
Landlord’s Right to Cure Defaults. All agreements covenants, terms and provisions conditions to be performed by Tenant under any of the terms of this Lease shall be at Tenant’s its sole cost and expense and without any abatement of Rentrental. If Tenant shall fail to pay any sum of money, other than monthly installments of Base Rent and Estimated Additional RentBasic Rental, required to be paid by it hereunder or shall fail to cure perform any default within any applicable cureother act on its part to be performed hereunder and such failure shall continue for thirty (30) days after notice thereof by Landlord, grace or notice period contained herein, then Landlord may, but shall in no event not be obligated toso 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 account, and such cure by Landlord shall not 's part to be deemed a waiver by Landlord of any of its other remedies made or a release of Tenant from any obligations hereunderperformed as in this Lease provided. All sums so paid by Landlord and all necessary incidental costs incurred by Landlord in taking such action shall be deemed Rent additional rental hereunder and shall be paid payable to Landlord on demand, and Landlord shall have (in addition to all any other rights and remedies right or remedy of Landlord) the same rights and remedies in the event of the non-nonpayment thereof by Tenant as in the case of default by Tenant in the payment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunderBasic Rental.
Appears in 1 contract
Samples: Lease (Universal Standard Medical Laboratories Inc)
Landlord’s Right to Cure Defaults. All agreements and provisions to be performed by Tenant under any of the terms of this Lease shall be at Tenant’s 's sole cost and expense and without any abatement of Rent. If Tenant shall fail to pay any sum of money, other than monthly installments of Base Rent and Estimated Additional Rent, required to be paid by it hereunder or shall fail to cure any default within any applicable cure, grace or notice period contained herein, then Landlord may, but shall in no event be obligated to, make any such payment or perform any such act on Tenant’s 's account, and such cure by Landlord shall not be deemed a waiver by Landlord of any of its other remedies or a release of Tenant from any obligations hereunder. All sums so paid by Landlord and all costs incurred by Landlord in taking such action shall be deemed Rent and shall be paid to Landlord on demand, and Landlord shall have (in addition to all other rights and remedies of Landlord) the same rights and remedies in the event of the non-payment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunder.
Appears in 1 contract
Samples: Lease Agreement (Q2 Holdings, Inc.)
Landlord’s Right to Cure Defaults. All agreements and provisions to be performed by Tenant under any of the terms of this this Lease shall be at Tenant’s the sole cost and expense of Tenant and without any abatement of RentRental. If Tenant shall fail to pay any sum of money, other than monthly installments of Base Rent and Estimated Additional RentRental, required to be paid by it hereunder or shall fail to cure perform any default within other act on its part to be performed hereunder or violates any applicable cureprovision of this Lease and such failure or violation shall continue for thirty (30) days after notice thereof by Landlord, grace or notice period contained herein, then Landlord is hereby empowered and Landlord may, but shall in no event not be obligated toso to do, and without waiving or releasing Tenant from any obligations of Tenant or any other right or remedy of Landlord under this Lease or otherwise, make any such payment or payment, perform any such other act or correct any such violation on Tenant’s accountpart to be made, and such cure by Landlord shall not be deemed a waiver by Landlord of any of its other remedies performed or a release of Tenant from any obligations hereunderobserved as in this Lease provided. All sums so paid by Landlord and all necessary incidental costs incurred by Landlord in taking such action shall be deemed Rent Rental hereunder and shall be paid payable to Landlord on demand, and Landlord shall have (in addition to all any other rights and remedies right or remedy of Landlord) the same rights and remedies in the event of the non-payment nonpayment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunderBase Rental. All sums so paid by Landlord and all such necessary incidental expenses shall accrue simple interest at the Default Rate from demand until payment, and Tenant shall pay to Landlord such accrued interest together with such sums and expenses.
Appears in 1 contract
Samples: Industrial Space Lease Agreement (Garden Fresh Restaurant Corp /De/)
Landlord’s Right to Cure Defaults. All agreements covenants, terms and provisions conditions to be performed by Tenant under any of the terms of this Lease shall be at Tenant’s its sole cost and expense and without any abatement of Rentrental. If Tenant shall fail to pay any sum of money, other than monthly installments of Base Rent and Estimated Additional RentBasic Rental, required to be paid by it hereunder or shall fail to cure perform any default within any applicable cureother act on its part to be performed hereunder and such failure shall continue for thirty (30) days after notice thereof by Landlord, grace or notice period contained herein, then Landlord may, but shall in no event not be obligated toso 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 account, and such cure by Landlord shall not 's part to be deemed a waiver by Landlord of any of its other remedies made or a release of Tenant from any obligations hereunderperformed as in this Lease provided. All reasonable sums so paid by Landlord and all necessary incidental costs incurred by Landlord in taking such action shall be deemed Rent additional rental hereunder and shall be paid payable to Landlord on demand, and Landlord shall have (in addition to all any other rights and remedies right or remedy of Landlord) the same rights and remedies in the event of the non-nonpayment thereof by Tenant as in the case of default by Tenant in the payment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunderBasic Rental.
Appears in 1 contract
Landlord’s Right to Cure Defaults. All agreements and provisions to be performed by Tenant under any of the terms of this Lease shall be at Tenant’s sole cost and expense and without any abatement of RentRent except as otherwise expressly provided herein. If Tenant shall fail to pay any sum of money, other than monthly installments of Base Rent and Estimated Additional Rent, required to be paid by it hereunder or shall fail to cure any default Default within any applicable cure, grace or notice period contained herein, then Landlord may, but shall in no event be obligated to, make any such payment or perform any such act on Tenant’s account, and such cure by Landlord shall not be deemed a waiver by Landlord of any of its other remedies or a release of Tenant from any obligations hereunder. All sums so paid by Landlord and all costs incurred by Landlord in taking such action to cure the Default shall be deemed Rent and shall be paid to Landlord on demand, and Landlord shall have (in addition to all other rights and remedies of Landlord) the same rights and remedies in the event of the non-payment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunder.
Appears in 1 contract
Samples: Lease Agreement (Bandwidth Inc.)
Landlord’s Right to Cure Defaults. All agreements and provisions to be performed by Tenant under any of the terms of this Lease shall be performed at Tenant’s 's sole cost and expense and without any abatement of Rentor setoff against rent. If Tenant shall fail to pay any sum of money, other than monthly installments of Base Rent and Estimated Additional Rentrent, required to be paid by it hereunder or shall fail to cure perform any default within any applicable cureother act on its part to be performed hereunder and such failure shall continue for thirty (30) days after notice thereof by Landlord, grace or notice period contained herein, then Landlord may, but shall in no event not be obligated toto do so, and without waiving or releasing Tenant from any obligations of Tenant, make any such payment or perform any such other act on Tenant’s account, and such cure by Landlord shall not 's part to be deemed a waiver by Landlord of any of its other remedies made or a release of Tenant from any obligations hereunderperformed as provided in this Lease. All sums so paid by Landlord and all necessary incidental costs incurred by Landlord in taking such action shall be deemed Rent additional rent payable hereunder and shall be paid payable to Landlord on demand, and Landlord shall have (in addition to all any other rights and remedies right or remedy of Landlord) the same rights and remedies in the event of the non-payment nonpayment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunderrent.
Appears in 1 contract
Landlord’s Right to Cure Defaults. Section 18.01. All agreements and provisions to be performed by Tenant under any of the terms of this Lease shall be at Tenant’s its sole cost and expense and without any abatement of Rentrental or any other sums payable by Tenant under this Lease. If Tenant shall fail to pay any sum of money, other than monthly installments of Base Rent and Estimated Additional Rentrental, required to be paid by it hereunder or shall fail to cure perform any default within any applicable cureother act on its part to be performed hereunder and such failure shall continue for thirty (30) days after notice thereof by Landlord, grace or notice period contained herein, then Landlord may, but shall in no event not be obligated toso 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 account's part to be made or performed, and such cure by Landlord shall not be deemed a waiver by Landlord of any of its other remedies or a release of Tenant from any obligations hereunder. All as in this Lease provided all sums so paid by Landlord and all necessary incidental costs incurred by Landlord in taking such action shall be deemed Rent additional rent hereunder and shall be paid payable to Landlord on demand, and Landlord shall have (in addition to all any other rights and remedies right or remedy of Landlord) the same rights and remedies in upon the event of the non-payment nonpayment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunderrental.
Appears in 1 contract
Samples: Lease Agreement (Valley Media Inc)
Landlord’s Right to Cure Defaults. All Except as otherwise provided herein, all agreements and provisions to be performed by Tenant under any of the terms of this Lease shall be at Tenant’s 's sole cost and expense and without any abatement of Rentrental. If Tenant shall fail to pay any sum an Event of moneyDefault has occurred and is continuing, other than monthly installments of a failure to pay Base Rent and Estimated Additional Rent, required to be paid by it hereunder or shall fail to cure any default within any applicable cure, grace or notice period contained hereinRental, then Landlord may, but shall in no event be obligated to, make any such payment or perform any such act on Tenant’s 's account, and such cure by Landlord shall not be deemed a waiver by Landlord of any of its other remedies or a release of Tenant from any obligations hereunderhereunder or a cure of such default. All sums so paid by Landlord and all costs incurred by Landlord in taking such action shall be deemed Rent additional rent hereunder and shall be paid to Landlord on demandten (10) days after notice of such payment is given to Tenant, and Landlord shall have (in addition to all other rights and remedies of Landlord) the same rights and remedies in the event of the non-payment thereof by Tenant as in the case of default by Tenant in the payment of Rent rental hereunder.
Appears in 1 contract
Samples: Lease Agreement (Howell Corp /De/)
Landlord’s Right to Cure Defaults. All agreements and provisions to be --------------------------------- performed by Tenant under any of the terms of this Lease shall be at Tenant’s its sole cost and expense and without any abatement of Rentrental. If Tenant shall fail to pay any sum of money, other than monthly installments of Base Rent and Estimated Additional Rentrental, required to be paid by it hereunder hereunder, or shall fail to cure perform any default within any applicable cureother act on its part to be performed hereunder and such failure shall continue for 10 days after notice thereof by Landlord, grace or notice period contained herein, then Landlord may, but shall in no event not be obligated toto do so, and without waiving or releasing Tenant from any obligations of Tenant, make any such payment or perform any such other act on Tenant’s account, and such cure by Landlord shall not 's part to be deemed a waiver by Landlord of any of its other remedies made or a release of Tenant from any obligations hereunderperformed as in this Lease provided. All sums so paid by Landlord and all necessary incidental costs incurred by Landlord in taking such action shall be deemed Rent additional rent hereunder and shall be paid payable to Landlord on demand, and Landlord shall have (in addition to all any other rights and remedies right or remedy of Landlord) the same rights and remedies in the event of the non-payment nonpayment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunderrental.
Appears in 1 contract
Samples: Commercial Office Lease (2bridge)
Landlord’s Right to Cure Defaults. All agreements covenants, terms and provisions conditions to be performed by Tenant under any of the terms of this Lease shall be at Tenant’s its sole cost and expense and without any abatement of Rentrental. If Tenant shall fail to pay any sum of money, other than monthly installments of Base Rent and Estimated Additional RentBasic Rental, required to be paid by it hereunder or shall fail to cure perform any default within any applicable cureother act on its part to be performed hereunder and such failure shall continue for thirty (30) days after notice thereof by Landlord, grace or notice period contained herein, then Landlord may, but shall in no event not be obligated toso 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 account, and such cure by Landlord shall not 's part to be deemed a waiver by Landlord of any of its other remedies made or a release of Tenant from any obligations hereunderperformed as in this Lease provided. All sums so paid by Landlord and all necessary incidental costs incurred by Landlord in taking such action shall be deemed Additional Rent hereunder and shall be paid payable to Landlord on demand, and Landlord shall have (in addition to all any other rights and remedies right or remedy of Landlord) the same rights and remedies in the event of the non-nonpayment thereof by Tenant as in the case of default by Tenant in the payment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunderBasic Rental.
Appears in 1 contract
Samples: Lease (National Techteam Inc /De/)
Landlord’s Right to Cure Defaults. All agreements and provisions to be performed by Tenant under any of the terms of this Lease shall be at Tenant’s its sole cost and expense and without any abatement of Rent. If Tenant shall fail to pay any sum of money, other than monthly installments of Base Rent and Estimated Additional Rent, required to be paid by it hereunder or shall fail to cure perform any default within any applicable cureother act on its part to be performed hereunder and such failure shall continue for thirty (30) days after Notice thereof by Landlord, grace or notice period contained herein, then Landlord may, but shall in no event not be obligated toto do so, and without waiving or releasing Tenant from any obligations of Tenant, make any such payment or perform any such other act on Tenant’s account, and such cure by Landlord shall not 's part to be deemed a waiver by Landlord of any of its other remedies made or a release of Tenant from any obligations hereunderperformed as provided in this Lease. All sums so paid by Landlord and all necessary incidental costs incurred by Landlord in taking such action shall be deemed Additional Rent hereunder and shall be paid payable to Landlord on demand, and together with interest thereon from the date of expenditure by Landlord to the date of repayment by Tenant at a rate of interest equal to five percent (5%) per annum over the Prime Rate from time to time, but not in any event at a rate greater than the maximum rate permitted by law. In addition to any other rights or remedies of Landlord, Landlord shall have (in addition to all other rights and remedies of Landlord) the same rights and remedies in the event of the non-payment thereof by Tenant nonpayment of such sums and interest as in the case of default by Tenant in the payment of Rent hereunderRent.
Appears in 1 contract
Landlord’s Right to Cure Defaults. All agreements covenants, terms and provisions conditions to be performed by Tenant under any of the terms of this Lease shall be at Tenant’s its sole cost and expense and without any abatement of Rentrental except as expressly provided herein. If Tenant shall fail to pay any sum of money, Basic Rental and other than monthly installments of Base Rent and Estimated Additional RentBasic Rental, required to be paid by it hereunder or shall fail to cure perform any default within any applicable cureother act on its part to be performed hereunder and such failure shall continue for thirty ( 30) days after notice thereof by Landlord, grace or notice period contained hereinand such failure results in an Event of Default, then Landlord may, but shall in no event not be obligated toso 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 account, and such cure by Landlord shall not 's part to be deemed a waiver by Landlord of any of its other remedies made or a release of Tenant from any obligations hereunderperformed as in this Lease provided. All sums so paid by Landlord and all necessary incidental costs incurred by Landlord in taking such action shall be deemed Rent additional rental hereunder and shall be paid payable to Landlord on demand, and Landlord shall have (in addition to all any other rights and remedies right or remedy of Landlord) the same rights and remedies in the event of the non-nonpayment thereof by Tenant as in the case of default by Tenant in the payment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunderBasic Rental.
Appears in 1 contract
Samples: Lease (Covisint Corp)
Landlord’s Right to Cure Defaults. All agreements and provisions to be performed by Tenant under any of the terms of this Lease shall be at Tenant’s its sole cost and expense and without any abatement of Rentrental. If Tenant shall fail to pay any sum of money, other than monthly installments of Base Rent and Estimated Additional Rentrental, required to be paid by it hereunder hereunder, or shall fail to cure perform any default within any applicable cureother act on its part to be performed hereunder and such failure shall continue for thirty (30) days after notice thereof by Landlord, grace or notice period contained herein, then Landlord may, but shall in no event not be obligated toto do so, and without waiving or releasing Tenant from any obligations of Tenant, make any such payment or perform any such other act on Tenant’s account, and such cure by Landlord shall not 's part to be deemed a waiver by Landlord of any of its other remedies made or a release of Tenant from any obligations hereunderperformed as in this Lease provided. All sums so paid by Landlord and all necessary incidental costs incurred by Landlord in taking such action shall be deemed Rent additional rent hereunder and shall be paid payable to Landlord on demand, and Landlord shall have (in addition to all any other rights and remedies right or remedy of Landlord) the same rights and remedies in the event of the non-payment nonpayment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunderrental.
Appears in 1 contract
Landlord’s Right to Cure Defaults. All agreements covenants, terms and provisions conditions to be he performed by Tenant under any of the terms of this Lease shall be at Tenant’s its sole cost and expense and without any abatement of Rentrental. If Tenant shall fail to pay any sum of money, other than monthly installments of Base Rent and Estimated Additional RentBasic Rental, required to be paid by it hereunder or shall fail to cure perform any default within any applicable cureother act on its part to be performed hereunder and such failure shall continue for thirty (30) days after notice thereof by Landlord, grace or notice period contained herein, then Landlord may, but shall in no event not be obligated toso to do, and without waiving or releasing Tenant from any obligations of Tenant, make any such payment or perform any such other act on Tenanttenant’s account, and such cure by Landlord shall not part to be deemed a waiver by Landlord of any of its other remedies made or a release of Tenant from any obligations hereunderperformed as in this Lease provided. All sums so paid by Landlord and all necessary incidental costs incurred by Landlord in taking such action shall be deemed Rent additional rental hereunder and shall be paid payable to Landlord on demand, and Landlord shall have (in addition to all any other rights and remedies right or remedy of Landlord) the same rights and remedies in the event of the non-nonpayment thereof by Tenant as in the case of default by Tenant in the payment thereof by Tenant as in the case of default by Tenant in the payment of Rent hereunder.Basic Rental
Appears in 1 contract
Samples: Lease Agreement (BANKshares Inc)