Common use of Landlord’s Right to Cure Tenant’s Default Clause in Contracts

Landlord’s Right to Cure Tenant’s Default. If Tenant shall fail to make any payment or to perform any act required to be made or performed under this Lease, and to cure the same within the relevant time periods provided in Article 17, Landlord, after notice to and demand upon Tenant, and without waiving or releasing any obligation or default, may (but shall be under no obligation to) at any time thereafter make such payment or perform such act for the account and at the expense of Tenant. Landlord may, to the extent permitted by law, enter upon the Property for such purpose and take all such action thereon as, in Landlord's opinion, may be necessary or appropriate therefor. No such entry shall be deemed an eviction of Tenant. All sums so paid by Landlord and all costs and expenses (including reasonable attorneys' fees and expenses, to the extent permitted by law) so incurred, together with a late charge thereon at the Overdue Rate from the date on which such sums or expenses are paid or incurred by Landlord, shall be paid by Tenant to Landlord on demand. The obligations of Tenant and rights of Landlord contained in this Article 18 shall survive the expiration or earlier termination of this Lease.

Appears in 9 contracts

Samples: Lease (Golf Trust of America Inc), Lease (Golf Trust of America Inc), Lease (Golf Trust of America Inc)

AutoNDA by SimpleDocs

Landlord’s Right to Cure Tenant’s Default. If Tenant shall fail to make any payment or to perform any act required to be made or performed under this Lease, and to cure the same within the relevant time periods provided in Article 17, Landlord, after notice to and demand upon Tenant, and without waiving or releasing any obligation or default, may (but shall be under no obligation to) at any time thereafter make such payment or perform such act for the account and at the expense of Tenant. Landlord may, to the extent permitted by law, enter upon the Property for such purpose and take all such action thereon as, in Landlord's opinion, may be necessary or appropriate therefor. No such entry shall be deemed an eviction of Tenant. All sums so paid by Landlord and all costs and expenses (including expenses(including reasonable attorneys' fees and expenses, to the extent permitted by law) so incurred, together with a late charge thereon at the Overdue Rate from the date on which such sums or expenses are paid or incurred by Landlord, shall be paid by Tenant to Landlord on demand. The obligations of Tenant and rights of Landlord contained in this Article 18 shall survive the expiration or earlier termination of this Lease.

Appears in 4 contracts

Samples: Lease (Golf Trust of America Inc), Pledge Agreement (Golf Trust of America Inc), Lease (Golf Trust of America Inc)

Landlord’s Right to Cure Tenant’s Default. If Tenant shall fail to make any payment or to perform any act required to be made or performed under this Lease, and to cure the same within the relevant time periods provided in Article 17, Landlord, after notice to and demand upon Tenant, and without waiving or releasing any obligation or default, may (but shall be under no obligation to) at any time thereafter make such payment or perform such act for the account and at the expense of Tenant. Landlord may, to the extent permitted by law, enter upon the Property for such purpose and take all such action thereon as, in Landlord's opinion, may be necessary or appropriate therefor. No such entry shall be deemed an eviction of Tenant. All sums so paid by Landlord Xxxxxxxx and all costs and expenses (including reasonable attorneys' fees and expenses, to the extent permitted by law) so incurred, together with a late charge thereon at the Overdue Rate from the date on which such sums or expenses are paid or incurred by Landlord, shall be paid by Tenant to Landlord on demand. The obligations of Tenant and rights of Landlord contained in this Article 18 shall survive the expiration or earlier termination of this Lease.

Appears in 4 contracts

Samples: Lease (Golf Trust of America Inc), Pledge Agreement (Golf Trust of America Inc), Lease (Golf Trust of America Inc)

Landlord’s Right to Cure Tenant’s Default. If Tenant an Event of Default shall fail to make any payment or to perform any act required to have occurred and be made or performed under this Lease, and to cure the same within the relevant time periods provided in Article 17continuing, Landlord, after notice to and demand upon Tenant, and without waiving or releasing any obligation of Tenant or defaultthe Event of Default, may (but shall be under no obligation to) at any time thereafter make such payment payments or perform such act acts for the account and at the expense of Tenant. Landlord , and may, to the extent permitted by law, enter upon any or each Leased Property or any portion thereof for the Property for purpose of curing such purpose Event of Default and take all such action thereon as, in Landlord's ’s opinion, may be necessary or appropriate thereforin connection with curing such Event of Default. No such entry shall be deemed an eviction of Tenant. All sums so paid or advanced by Landlord and all costs and expenses (including including, without limitation, reasonable attorneys' fees and expenses, to the extent permitted by law) so incurred, together with a late charge interest thereon (to the maximum extent permitted by law) as Additional Rent hereunder at the Overdue Rate from the date on which such sums or expenses are paid or incurred by Landlord, shall be paid by Tenant to Landlord on demand. The obligations of Tenant and rights of Landlord contained in this Article Section 18 and in Section 17 above shall survive the expiration or earlier termination of this Lease.

Appears in 2 contracts

Samples: Master Lease Agreement (Emeritus Corp\wa\), Master Lease Agreement (Emeritus Corp\wa\)

Landlord’s Right to Cure Tenant’s Default. If Tenant an Event of Default shall fail to make any payment or to perform any act required to have occurred and be made or performed under this Lease, and to cure the same within the relevant time periods provided in Article 17continuing, Landlord, after notice to and demand upon Tenant, and without waiving or releasing any obligation of Tenant or defaultthe Event of Default, may (but shall be under no obligation to) at any time thereafter make such payment payments or perform such act acts for the account and at the expense of Tenant. Landlord , and may, to the extent permitted by law, enter upon any or each Leased Property or any portion thereof for the Property for purpose of curing such purpose Event of Default and take all such action thereon as, in Landlord's opinion, may be necessary or appropriate thereforin connection with curing such Event of Default. No such entry shall be deemed an eviction of Tenant. All sums so paid or advanced by Landlord and all costs and expenses (including including, without limitation, reasonable attorneys' fees and expenses, to the extent permitted by law) so incurred, together with a late charge interest thereon (to the maximum extent permitted by law) as Additional Rent hereunder at the Overdue Rate from the date on which such sums or expenses are paid or incurred by Landlord, shall be paid by Tenant to Landlord on demand. The obligations of Tenant and rights of Landlord contained in this Article Section 18 and in Section 17 above shall survive the expiration or earlier termination of this Lease.

Appears in 1 contract

Samples: Master Lease Agreement (Ventas Inc)

Landlord’s Right to Cure Tenant’s Default. If Tenant an Event of Default shall fail have occurred and be continuing, in addition to make and not in limitation of any payment or to perform any act required to be made or performed under this Lease, and to cure the same within the relevant time periods provided in Article 17all other rights and remedies, Landlord, after notice to and demand upon Tenant, and without waiving or releasing any obligation or defaultEvent of Default, may (but shall be under no obligation to) at any time thereafter make such payment or perform such act for the account and at the expense of Tenant. Landlord , and may, to the extent permitted by law, enter upon the applicable Property or any portion thereof for such purpose and take all such action thereon as, in Landlord's ’s opinion, may be necessary or appropriate therefortherefor including to the fullest extent permitted by law, repossessing the Property and ejecting any Person or property thereon; provided, however, that no such entry or action by Landlord shall constitute an actual or constructive eviction or repossession, without Xxxxxxxx’s express intention to do so as expressed in writing. No such entry shall be deemed an eviction of Tenant. All reasonable sums so paid by Landlord Xxxxxxxx and all costs and expenses (including reasonable attorneys' fees and expenses, in each a case, to the extent permitted by law) so incurred, together with a late charge interest thereon (to the maximum extent permitted by law) at the Overdue Rate from the date on which such sums or expenses are paid or incurred by Landlord, shall be paid by Tenant to Landlord on demand. The obligations of Tenant and rights of Landlord contained in this Article 18 shall survive the expiration or earlier termination of this Master Lease.

Appears in 1 contract

Samples: Master Lease (First Seacoast Bancorp, Inc.)

Landlord’s Right to Cure Tenant’s Default. If Tenant an Event of Default shall fail to make any payment or to perform any act required to have occurred and be made or performed under this Lease, and to cure the same within the relevant time periods provided in Article 17continuing, Landlord, after notice to and demand upon Tenant, and without waiving or releasing any obligation of Tenant or defaultthe Event of Default, may (but shall be under no obligation to) at any time thereafter make such payment payments or perform such act acts for the account and at the expense of Tenant. Landlord , and may, to the extent permitted by law, enter upon any or each Leased Property or any portion thereof for the Property for purpose of curing such purpose Event of Default and take all such action thereon as, in Landlord's ’s opinion, may be necessary or appropriate thereforin connection with curing such Event of Default. No such entry shall be deemed an eviction of Tenant. All sums so paid or advanced by Landlord and all costs and expenses (including including, without limitation, reasonable attorneys' fees and expenses, to the extent permitted by law) so incurred, together with a late charge interest thereon (to the maximum extent permitted by law) as Additional Rent hereunder at the Overdue Rate from the date on which such sums or expenses are paid or incurred by Landlord, shall be paid by Tenant to Landlord on demand. The obligations of Tenant and rights of Landlord contained in this Article Section 18 and in Section 17 above shall survive the expiration or earlier termination of this LeaseLease (or, if applicable, termination of Tenant’s right of possession).

Appears in 1 contract

Samples: Master Lease Agreement (Assisted Living Concepts Inc)

Landlord’s Right to Cure Tenant’s Default. If Tenant shall fail to make any payment or to perform any act required to be made or performed under this Lease, and to cure the same within the relevant time periods provided in Article 17Section 16.1, Landlord, after notice to and demand upon Tenant, and without waiving or releasing any obligation or default, may (but shall be under no obligation to) at any time thereafter make such payment or perform such act for the account and at the expense of Tenant. Landlord may, to the extent permitted by law, enter upon the Leased Property for such purpose and take all such action thereon as, in Landlord's opinion, may be necessary or appropriate therefor. No such entry shall be deemed an eviction of Tenant. All sums so paid by Landlord and all costs and expenses (including reasonable attorneys' fees and expenses, to the extent permitted by law) so incurred, together with a late charge thereon at the Overdue Rate from the date on which such sums or expenses are paid or incurred by Landlord, shall be paid by Tenant to Landlord on demand. The obligations of Tenant and rights of Landlord contained in this Article 18 17 shall survive the expiration or earlier termination of this Lease.

Appears in 1 contract

Samples: Lease ( (Presidio Golf Trust)

AutoNDA by SimpleDocs

Landlord’s Right to Cure Tenant’s Default. If Tenant shall fail to make any payment or to perform any act required to be made or performed under this Lease, and to cure the same within the relevant time periods provided in Article 17Section 17.1, Landlord, after notice to and demand upon Tenant, and without waiving or releasing any obligation or default, may (but shall be under no obligation to) at any time thereafter make such payment or perform such act for the account and at the expense of Tenant. Landlord may, to the extent permitted by law, enter upon the Leased Property for such purpose and take all such action thereon as, in Landlord's opinion, may be necessary or appropriate therefortherefore. No such entry shall be deemed an eviction of Tenant. All sums so paid by Landlord and all costs and expenses (including including, without limitation, reasonable attorneys' fees and expenses, to the extent permitted by law) so incurred, together with a late charge interest thereon at the Overdue Rate from the date on which such sums or expenses are paid or incurred by Landlord, shall be paid by Tenant to Landlord on demand. The obligations of Tenant and rights of Landlord contained in this Article 18 XVIII shall survive the expiration or earlier termination of this Lease.

Appears in 1 contract

Samples: Master Agreement (Eldertrust)

Landlord’s Right to Cure Tenant’s Default. If Tenant an Event of Default shall fail to make any payment or to perform any act required to have occurred and be made or performed under this Lease, and to cure the same within the relevant time periods provided in Article 17continuing, Landlord, after notice to and demand upon Tenant, and without waiving or releasing any obligation of Tenant or defaultthe Event of Default, may (but shall be under no obligation to) at any time thereafter make such payment payments or perform such act acts for the account and at the expense of Tenant. Landlord , and may, to the extent permitted by law, enter upon any or each Leased Property or any portion thereof for the Property for purpose of curing such purpose Event of Default and take all such action thereon as, in Landlord's opinion, may be necessary or appropriate thereforin connection with curing such Event of Default. No such entry shall be deemed an eviction of Tenant. All sums so paid or advanced by Landlord and all costs and expenses (including including, without limitation, reasonable attorneys' fees and expenses, to the extent permitted by law) so incurred, together with a late charge interest thereon at the Overdue Rate from the date on which such sums or expenses are paid or incurred by Landlord, shall be paid by Tenant to Landlord on demand. The obligations of Tenant and rights of Landlord contained in this Article SECTION 18 and in SECTION 17 above shall survive the expiration or earlier termination of this Lease.

Appears in 1 contract

Samples: Master Lease Agreement (Brookdale Senior Living Inc.)

Landlord’s Right to Cure Tenant’s Default. If Tenant shall fail to make any payment or to perform any act required to be made or performed under this Lease, and to cure the same within the relevant time periods provided in Article 17Section 16.1, Landlord, after notice to ------------ and demand upon Tenant, and without waiving or releasing any obligation or default, may (but shall be under no obligation to) at any time thereafter make such payment or perform such act for the account and at the expense of Tenant. Landlord may, to the extent permitted by law, enter upon the Leased Property for such purpose and take all such action thereon as, in Landlord's opinion, may be necessary or appropriate therefor. No such entry shall be deemed an eviction of Tenant. All sums so paid by Landlord and all costs and expenses (including reasonable attorneys' fees and expenses, to the extent permitted by law) so incurred, together with a late charge thereon at the Overdue Rate from the date on which such sums or expenses are paid or incurred by Landlord, shall be paid by Tenant to Landlord on demand. The obligations of Tenant and rights of Landlord contained in this Article 18 17 shall survive the expiration or earlier ---------- termination of this Lease.

Appears in 1 contract

Samples: Executive Original (National Golf Properties Inc)

Landlord’s Right to Cure Tenant’s Default. If Tenant shall fail to make any payment or to perform any act required to be made or performed under this Lease, and to cure the same within the relevant time periods provided in Article 17Section 16.1, Landlord, after notice to and demand upon Tenant, and without waiving or releasing any obligation or default, may (but shall be under no obligation to) at any time thereafter make such payment or perform such act for the account and at the expense of Tenant. Landlord may, to the extent permitted by law, enter upon the Leased Property for such purpose and take all such action thereon as, in Landlord's opiniongood faith judgment, may be necessary or appropriate therefor. No such entry shall be deemed an eviction of Tenant. All sums so paid by Landlord and all costs and expenses (including reasonable attorneys' fees and expenses, to the extent permitted by law) so incurred, together with a late charge thereon at the Overdue Rate from the date on which such sums or expenses are paid or incurred by Landlord, shall be paid by Tenant to Landlord on demand. The obligations of Tenant and rights of Landlord contained in this Article 18 17 shall survive the expiration or earlier termination of this Lease.

Appears in 1 contract

Samples: Lease ( (Presidio Golf Trust)

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