Common use of Landlord’s Right to Perform Tenant’s Covenants Clause in Contracts

Landlord’s Right to Perform Tenant’s Covenants. If Tenant shall at any time default under this Lease with respect to any payment or performance of 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, following not less than five (5) business days’ 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. Tenant shall reimburse Landlord for all reasonable sums so paid by Landlord and all penalties, interest, legal fees and collection costs reasonably incurred in connection therewith within thirty (30) days after Landlord’s written request therefor. If Tenant fails to so reimburse Landlord within such thirty (30) day period, then (a) a late charge shall be assessed in accordance with Section 15(c) above, (b) interest shall accrue on such delinquent payment at the rate of ten percent (10%) per annum from the date due to the date of payment thereof by Tenant to Landlord, and (c) Landlord shall have all other rights and remedies granted or reserved to Landlord hereunder for the nonpayment of Rent.

Landlord’s Right to Perform Tenant’s Covenants. If Tenant shall at any time default under this Lease with respect to any payment or performance commit an Event of any other act on its part to be made or performed under this LeaseDefault, Landlord may, but shall not be obligated to and without waiving or releasing Tenant from any obligation of Tenant under this Lease, following not less than five (5) business days’ 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. Tenant shall reimburse Landlord for all reasonable All sums so paid by Landlord and all penalties, interest, legal fees interest and collection costs reasonably incurred in connection therewith shall be due and payable by Tenant on the next day after any such payment by Landlord, together with interest thereon at the Interest Rate from such date 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. If Landlord fails to perform any obligation of Landlord hereunder with respect to the repair or maintenance of the Premises, the Outside Area or any other portion of the Property within thirty (30) days after Landlord’s of written request therefor. If Tenant fails to so reimburse Landlord within notice from Tenant, or such thirty (30) day periodshorter time as may be required in an emergency, then (a) a late charge whether or not written notice shall be assessed in accordance with Section 15(c) aboveprovided, (b) interest Tenant shall accrue on be entitled to perform such delinquent payment at the rate of ten percent (10%) per annum from the date due to the date of payment thereof by Tenant to Landlord, obligation and (c) Landlord shall have all other rights reimburse to Tenant the reasonable cost of such performance promptly following receipt of written notice from Tenant describing the work performed and remedies granted or reserved to Landlord hereunder for the nonpayment of Rentcost incurred.

Landlord’s Right to Perform Tenant’s Covenants. If Tenant shall at any time default under this Lease with respect fails to make any payment or performance of perform any other act on its part to be made or performed under this Lease, provided that Landlord has delivered to Tenant written notice and Tenant has failed to commence and diligently pursue such performance within ten (10) days of its receipt of such notice, Landlord may, but shall not be obligated to and without waiving or releasing Tenant from any obligation of Tenant under this Lease, following not less than five (5) business days’ written notice to Tenant, make such payment or perform such other act to the extent Landlord may reasonably deem desirable, and in connection therewith, pay expenses and employ counsel. Tenant shall reimburse Landlord for all reasonable All sums so paid by Landlord and all penalties, interest, legal fees interest and collection costs reasonably incurred in connection therewith within thirty (30) days after 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 request therefor. If Tenant fails to so reimburse Landlord within such thirty (30) day period, then (a) a late charge shall be assessed in accordance with Section 15(c) above, (b) interest shall accrue on such delinquent payment at the rate of ten percent (10%) per annum from the date due demand to the date of payment thereof by Tenant to Landlord, plus collection costs and (c) attorneys’ fees. Landlord shall have all other the same rights and remedies granted or reserved to Landlord hereunder for the nonpayment thereof as in the case of default in the payment of Rent.

Landlord’s Right to Perform Tenant’s Covenants. If Tenant shall at any time default under this Lease with respect fail to make any payment or performance of 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, following not less than five (5) business days’ 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. Tenant shall reimburse Landlord for all reasonable sums so paid by Landlord and all penalties, interest, legal fees and collection costs reasonably incurred in connection therewith within thirty ten (3010) days after Landlord’s 's written request therefor. If Tenant fails to so reimburse Landlord within such thirty ten (3010) day period, then (a) a late charge shall be assessed in accordance with Section 15(c) Paragraph 15.C. above, (b) interest shall accrue on such delinquent payment at the rate of ten percent (10%) per annum from the date due to the date of payment thereof by Tenant to Landlord, and (c) Landlord shall have all other rights and remedies granted or reserved to Landlord hereunder for the nonpayment of Rent.

Landlord’s Right to Perform Tenant’s Covenants. If Tenant shall at any time default under this Lease with respect fail to make any payment or performance of perform any other act on its part to be made or performed under this Lease, Landlord may, following reasonable prior notice, but shall not be obligated to and without waiving or releasing Tenant from any obligation of Tenant under this Lease, following not less than five (5) business days’ 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. Tenant shall reimburse Landlord for all reasonable sums so paid by Landlord and all penalties, interest, legal fees and collection costs reasonably incurred in connection therewith within thirty ten (3010) days after Landlord’s 's written request therefor. If Tenant fails to so reimburse Landlord within such thirty ten (3010) day period, then (a) a late charge shall be assessed in accordance with Section PARAGRAPH 15(c) above, (b) interest shall accrue on such delinquent payment at the rate of ten percent (10%) per annum from the date due to the date of payment thereof by Tenant to Landlord, and (c) Landlord shall have all other rights and remedies granted or reserved to Landlord hereunder for the nonpayment of Rent.