LANDLORD'S RIGHT TO PERFORM FOR ACCOUNT OF TENANT Sample Clauses

The "Landlord's Right to Perform for Account of Tenant" clause allows the landlord to step in and carry out obligations that the tenant has failed to perform under the lease. For example, if the tenant neglects to make necessary repairs or pay certain charges required by the lease, the landlord can perform these actions on the tenant's behalf and then recover the associated costs from the tenant, often as additional rent. This clause ensures that the property is properly maintained and that the landlord is not financially disadvantaged by the tenant's non-compliance, effectively providing a mechanism for the landlord to address breaches without immediately resorting to legal action or termination.
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LANDLORD'S RIGHT TO PERFORM FOR ACCOUNT OF TENANT. If Tenant shall be in Default under this Lease, Landlord may cure the Default at any time for the account and at the expense of Tenant. If Landlord cures a Default on the part of Tenant, Tenant shall reimburse Landlord upon demand for any amount expended by Landlord in connection with the cure, including, without limitation, attorneys' fees and interest.
LANDLORD'S RIGHT TO PERFORM FOR ACCOUNT OF TENANT. If an Event of Default shall occur hereunder, Landlord may, at any time, cure said Event of Default for the account and at the reasonable expense of Tenant. Tenant shall pay, on demand, to Landlord, with interest at the maximum legal rate, if any, otherwise at 18% per year, the amount so paid, expended, or incurred by the Landlord and any reasonable expense of Landlord including reasonable attorney’s fees incurred in connection with such Event of Default; and all of the same shall be deemed to be Additional Rent.
LANDLORD'S RIGHT TO PERFORM FOR ACCOUNT OF TENANT. If Tenant shall Default, Landlord may cure such Default for the account and at the expense of Tenant. Tenant agrees to pay Landlord, on demand, with interest at the Interest Rate, the amount so paid, expended or incurred by Landlord, and any and all expenses, including attorneys’ fees and court costs, incurred by Landlord as a result of such Default.
LANDLORD'S RIGHT TO PERFORM FOR ACCOUNT OF TENANT. If Tenant shall be in Default hereunder, Landlord or any mortgagee may, at any time thereafter, cure said default for the account and at the expense of Tenant. Tenant shall pay, with interest at the maximum legal rate, on demand, to Landlord, the amount so paid, expended, or incurred by Landlord or any mortgagee and any expense of Landlord or any mortgagee including reasonable attorneys’ fees incurred in connection with such default plus administrative costs of Landlord or any mortgagee in an amount equal to ten (10%) percent of such costs and expenses, and all of the same shall be deemed to be Additional Rent.
LANDLORD'S RIGHT TO PERFORM FOR ACCOUNT OF TENANT. If Tenant shall fail to make any payment or to do any act required by this Lease, Landlord may (but shall not be required to) make such payments or do such act for and on behalf of Tenant. Tenant agrees to pay to Landlord the amount of any such payment and the cost of expense of any such act (including without limitation attorney fees) paid or carried out by Landlord on Tenant's behalf and interest thereon, computed from the date of Landlord's payment of such item to the date of payment to such item by Tenant, at a rate which shall be the lesser of (i) two percentage points in excess of the "prime rate" charged by Crestar Bank on the date such item becomes due and fluctuating thereafter as the "prime rate" charged by said Bank may change from time to time or (ii) the maximum rate of interest then allowed by law.
LANDLORD'S RIGHT TO PERFORM FOR ACCOUNT OF TENANT. If Tenant shall Default, Landlord, upon five (5) days prior written notice (except in the case of an emergency), may cure such Default for the account and at the expense of Tenant. Tenant agrees to pay Landlord, on demand, with interest at the Interest Rate, the amount so paid, expended or incurred by Landlord, and any and all expenses, including attorneys’ fees and court costs, incurred by Landlord as a result of such Default.
LANDLORD'S RIGHT TO PERFORM FOR ACCOUNT OF TENANT. (a) If Tenant shall be in default under this Lease, Landlord may cure the default at any time for the account and at the expense of Tenant. If Landlord cures a default on the part of Tenant, Tenant shall reimburse Landlord for any amount expended by Landlord in connection with the cure. (b) If Landlord shall be required to seek enforcement of this Lease by litigation, and Landlord shall prevail in the litigation, Tenant shall reimburse Landlord for Landlord's attorneys' reasonable fees and disbursements. (c) Landlord shall also be entitled to interest at the maximum legal rate on the amount specified in subsections (a) and (b) from the date the expense is incurred to the date of reimbursement. (d) The amounts specified in subsections (a), (b) and (c) shall be deemed to be additional rent.
LANDLORD'S RIGHT TO PERFORM FOR ACCOUNT OF TENANT. A. If Tenant Defaults under this Master Lease, Landlord may cure the Default at any time for the account of and at the expense of Tenant, and Tenant will reimburse Landlord for any amount, including reasonable attorneys fees and interest, expended in connection therewith. ***Confidential treatment requested. B. If Landlord seeks enforcement of this Master Lease by litigation and prevails, Tenant will reimburse Landlord for any attorneys’ fees and disbursements reasonably incurred in connection with that litigation. C. In addition to all other obligations under this Master Lease, Tenant shall pay interest to Landlord, at the maximum lawful rate, on the amount specified in Sections 17.7A and 17.7B, from the date Landlord incurs the expense until the day reimbursed.
LANDLORD'S RIGHT TO PERFORM FOR ACCOUNT OF TENANT. A. If Tenant Defaults under this Master Lease, Landlord may cure the Default at any time for the account of and at the expense of Tenant, and Tenant will reimburse Landlord for any amount, including reasonable attorneys fees and interest, expended in connection therewith. B. If Landlord seeks enforcement of this Master Lease by litigation and prevails, Tenant will reimburse Landlord for any attorneys’ fees and disbursements reasonably incurred in connection with that litigation. C. In addition to all other obligations under this Master Lease, Tenant shall pay interest to Landlord, at the maximum lawful rate, on the amount specified in Sections 17.7A and 17.7B, from the date Landlord incurs the expense until the day reimbursed.
LANDLORD'S RIGHT TO PERFORM FOR ACCOUNT OF TENANT. If an Event of Default shall occur hereunder, Landlord may, at any time, cure said Event of Default for the account and at the expense of Tenant. Tenant shall pay, on demand, to Landlord, with interest at the maximum legal rate, if any, otherwise at 18% per year, the amount so paid, expended, or incurred by the Landlord and any expense of Landlord including reasonable attorney's fees incurred in connection with such Default; and all of the same shall be deemed to be Additional Rent.