Landlord’s Right to Perform Tenant’s Covenants. If Tenant fails to make any payment or perform any other act on its part to be made or performed under this Lease, Landlord may, but shall not be obligated to and without waiving or releasing Tenant from any obligation of Tenant under this Lease, make such payment or perform such other act to the extent Landlord may deem desirable, and in connection therewith, pay expenses and employ counsel. All sums so paid by Landlord and all penalties, interest and costs in connection therewith shall be due and payable by Tenant upon receipt of written demand by Landlord, together with interest thereon at the Interest Rate from the date Tenant receives Landlord's written demand to the date of payment by Tenant to Landlord, plus collection costs and attorneys' fees. Landlord shall have the same rights and remedies for the nonpayment thereof as in the case of default in the payment of Rent.
Appears in 4 contracts
Samples: Standard Single Tenant Lease Triple Net (Media Arts Group Inc), Standard Single Tenant Lease Triple Net (Media Arts Group Inc), Standard Single Tenant Lease Triple Net (Media Arts Group Inc)
Landlord’s Right to Perform Tenant’s Covenants. If Tenant fails to make any payment or perform any other act on its part to be made or performed under this Lease, and after notice as provided in Section 24, Landlord may, but shall not be obligated to and without waiving or releasing Tenant from any obligation of Tenant under this Lease, make such payment or perform such other act to the extent Landlord may deem desirable, and in connection therewith, pay expenses and employ counsel. All sums so paid by Landlord and all penalties, interest and costs in connection therewith shall be due and payable by Tenant upon receipt of written demand by Landlord, together with interest thereon at the Interest Rate from the date Tenant receives Landlord's ’s written demand to the date of payment by Tenant to Landlord, plus collection costs and attorneys' attorney’s fees. Landlord shall have the same rights and remedies for the nonpayment thereof as in the case of default in the payment of Rent.
Appears in 3 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Go Daddy Group, Inc.), Purchase and Sale Agreement (Go Daddy Group, Inc.)
Landlord’s Right to Perform Tenant’s Covenants. If Tenant fails shall at any time fail to make any payment or perform any other act on its part to be made or performed under this Lease, Landlord may, but shall not be obligated to and without waiving or releasing Tenant from any obligation of Tenant under this Lease, upon written notice to Tenant, make such payment or perform such other act to the extent Landlord may deem desirable, and in connection therewith, pay expenses and employ counsel. All sums so paid by Landlord and all penalties, interest and costs in connection therewith shall be due and payable by Tenant upon receipt of written demand on the next day after any such payment by Landlord, together with interest thereon at the Interest Rate from the such date Tenant receives Landlord's written demand to the date of payment by Tenant to Landlord, plus collection costs and attorneys' fees. Landlord shall have the same rights and remedies for the nonpayment thereof as in the case of default in the payment of Rent.
Appears in 2 contracts
Samples: Lease (Hiway Technologies Inc), Multi Tenant Lease Agreement (Tvia Inc)
Landlord’s Right to Perform Tenant’s Covenants. If Tenant fails shall at ---------------------------------------------- any time fail to make any payment or perform any other act on its part to be made or performed under this Lease, Landlord may, but shall not be obligated to and without waiving or releasing Tenant from any obligation of Tenant under this Leaseto, make such the payment or perform such any other act to the extent Landlord may deem desirabledesirable and, and in connection therewith, pay expenses and employ counsel. Any payment or performance by Landlord shall not waive or release Tenant from any obligations of Tenant under this Lease. All sums so paid by Landlord Landlord, and all penalties, interest and costs in connection therewith therewith, shall be due and payable by Tenant upon receipt of written demand on the next day after any payment by Landlord, together with interest thereon at the Interest Rate Rate, from the that date Tenant receives Landlord's written demand to the date of payment thereof by Tenant to Landlord, plus collection costs and attorneys' fees. Landlord shall have the same rights and remedies for the nonpayment thereof as in the case of default in the payment of Rent.
Appears in 1 contract
Samples: Sublease (Ibeam Broadcasting Corp)
Landlord’s Right to Perform Tenant’s Covenants. If Tenant fails shall at any time fail to make any payment or perform any other act on its part to be made or performed under this Lease, Landlord may, but shall not be obligated to and without waiving or releasing Tenant from any obligation of Tenant under this Lease, upon written notice to Tenant, make such payment or perform such other act to the extent Landlord may deem desirable, and in connection therewith, pay expenses and employ counsel. All sums so paid by Landlord and all penalties, interest and costs in connection therewith shall be due and payable by Tenant upon receipt of written demand on the next day after any such payment by Landlord, together with interest thereon at the Interest Rate from the such date Tenant receives Landlord's written demand to the date of payment by Tenant to Landlord, plus collection costs and attorneys' ’ fees. Landlord shall have the same rights and remedies for the nonpayment thereof as in the case of default in the payment of Rent.
Appears in 1 contract
Samples: Lease (Brooks Automation Inc)
Landlord’s Right to Perform Tenant’s Covenants. If Tenant fails to make shall at any payment or perform any other act on its part to be made or performed under this Lease---------------------------------------------- time commit an Event of Default, Landlord may, but shall not be obligated to and without waiving or releasing Tenant from any obligation of Tenant under this Leaseto, make such the payment or perform such any other act to the extent Landlord may deem desirabledesirable and, and in connection therewith, pay expenses and employ counsel. Any payment or performance by Landlord shall not waive or release Tenant from any obligations of Tenant under this Lease. All sums so paid by Landlord Xxxxxxxx, and all penalties, interest and costs in connection therewith therewith, shall be due and payable by Tenant upon receipt of written demand on the next day after any payment by Landlord, together with interest thereon at the Interest Rate Rate, from the that date Tenant receives Landlord's written demand to the date of payment thereof by Tenant to Landlord, plus collection costs and attorneys' fees. Landlord shall have the same rights and remedies for the nonpayment thereof as in the case of default in the payment of Rent.
Appears in 1 contract
Samples: Lease Agreement (International Wireless Communications Holdings Inc)