Landlord’s Right to Cure Tenant’s Default. If Tenant defaults in the performance of any of its obligations under this Lease and Tenant has not timely cured the default after Notice, Landlord may (but shall not be obligated to), without waiving such default, perform the same for the account and at the expense of Tenant. Tenant shall pay Landlord all costs of such performance immediately upon written demand therefor, and if paid at a later date these costs shall bear interest at the rate of twelve (12%) percent
Appears in 3 contracts
Samples: Sublease Agreement (Aegerion Pharmaceuticals, Inc.), Sublease Agreement (Aegerion Pharmaceuticals, Inc.), Sublease Agreement (Aegerion Pharmaceuticals, Inc.)
Landlord’s Right to Cure Tenant’s Default. If Tenant defaults in the performance of any of its obligations under this Lease and Tenant has not timely cured the default after Notice, Landlord may (but shall not be obligated to), without waiving such default, perform the same for the account and at the expense of Tenant. Tenant shall pay Landlord all costs of such performance immediately upon written demand therefor, and if paid at a later date these costs shall bear interest at the maximum rate of twelve (12%) percentpermitted by law to be charged by an individual.
Appears in 3 contracts
Samples: Loan and Security Agreement (Hudson Pacific Properties, Inc.), Lease (Integrated Alarm Services Group Inc), Lease (Optelecom-Nkf, Inc.)
Landlord’s Right to Cure Tenant’s Default. If Tenant defaults in the performance of any of its obligations under this Lease and Tenant has not timely cured the default after Noticenotice, Landlord may (but shall not be obligated to), without waiving such default, perform the same for the account and at the expense of Tenant. Tenant shall pay Landlord as Additional Rent all costs of such performance immediately upon written demand therefor, and if paid at a later date these costs shall bear interest at the maximum rate of twelve (12%) percentpermitted by law to be charged by an individual.
Appears in 2 contracts
Samples: Office Lease (JCM Partners LLC), Office Lease (JCM Partners LLC)
Landlord’s Right to Cure Tenant’s Default. If Tenant defaults in ----------------------------------------- the performance of any of its obligations under this Lease and Tenant has not timely cured the default after NoticeLease, Landlord may (but shall not be obligated to), without waiving such default, perform the same for the account and at the expense of Tenant. Tenant shall pay Landlord all costs of such performance immediately upon written demand therefor, and if paid at a later date these costs shall bear interest at the rate of twelve (12%) percentin accordance with Section 7.
Appears in 1 contract
Landlord’s Right to Cure Tenant’s Default. If Tenant defaults in the performance of any of its obligations under this Lease and Tenant has not timely cured the default after Notice, Landlord may (but shall not be obligated to), without waiving such default, default perform the same for the account and at the expense of Tenant. Tenant shall pay Landlord all costs of such performance immediately upon written demand therefor, and if paid at a later date these costs shall bear interest at the maximum rate of twelve (12%) percentpermitted by law to be charged by an individual.
Appears in 1 contract
Samples: Loan and Security Agreement (Hudson Pacific Properties, Inc.)
Landlord’s Right to Cure Tenant’s Default. If Tenant defaults in the performance of any of its obligations under this Lease and Tenant has not timely cured the default after Notice, Landlord may (but shall not be obligated to), without waiving such default, perform the same for the account and at the expense of Tenant. Tenant shall pay Landlord all costs Costs of such performance immediately upon written demand therefor, and if paid at a later date these costs shall bear interest at the maximum rate of twelve (12%) percentpermitted by law to be charged by an individual.
Appears in 1 contract
Samples: Lease (Nve Corp /New/)