Common use of LANDLORD'S RIGHTS UPON TENANT'S DEFAULT Clause in Contracts

LANDLORD'S RIGHTS UPON TENANT'S DEFAULT. 17.1 Upon a Default by Tenant or any subtenant or assignee: (a) Landlord, upon failure of Tenant to cure a default within ten (10) days of the due date in the payment of Basic Rent, Additional Rent or any other sum of money due to Landlord hereunder on the day same was due (without notice thereof from Landlord) or to cure or diligently commence to cure any other Default within thirty (30) days after notice thereof from Landlord (provided same is cured within a reasonable time thereafter and without any delay), may immediately or at any time thereafter, without further notice to Tenant (i) enter upon the Premises as agent for Tenant, by legal entry, without terminating this Lease and do any and all acts as Landlord may deem necessary, proper or convenient to curing such Default, for the account of and at the expense of Tenant, and Tenant agrees to pay Landlord, upon demand, all damages and/or expenses incurred by Landlord in so doing: or (ii) terminate this Lease and Tenant's right to possession of the Premises and, with or without legal process, take possession of the Premises and remove Tenant, any occupant and any property therefrom, using such legal means, without being guilty of trespass and without relinquishing any rights of Landlord against Tenant.

Appears in 2 contracts

Samples: Agreement (Radvision LTD), Agreement (Radvision LTD)

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LANDLORD'S RIGHTS UPON TENANT'S DEFAULT. 17.1 (a) Upon a Default by Tenant or any subtenant or assignee: (a) , Landlord, upon failure of Tenant to cure a default within ten (10) days of the due date in the payment of Basic Rent, Additional Rent or any other sum of money due to Landlord hereunder on within five (5) days after the day same was due (without notice thereof from Landlord) or to cure or diligently commence to cure any other Default within thirty fifteen (3015) days after notice thereof from Landlord (provided same is cured within with a reasonable time thereafter thereafter, and without any delay), may immediately or at any time anytime thereafter, without further notice to Tenant (i) enter upon the Premises as agent for Tenant, by legal entry, without terminating this Lease and do any and all acts as Landlord may deem necessary, proper or convenient to curing cure such Default, for the account of and at the expense of Tenant, and Tenant agrees to pay Landlord, upon demand, all damages and/or expenses incurred by Landlord in so doing: ; or (ii) terminate this Lease and Tenant's right to possession of the Premises and, with or without legal process, take possession of the Premises and remove Tenant, any occupant and any property therefrom, using such legal means, without being guilty of trespass and without relinquishing any rights of Landlord against Tenant.

Appears in 1 contract

Samples: Lease Agreement (All Tech Investment Group Inc /De/)

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LANDLORD'S RIGHTS UPON TENANT'S DEFAULT. 17.1 Upon 17.1. If, (i) in the case of a Default by Tenant or any subtenant or assignee: (a) Landlord, based upon failure of Tenant to cure a default within ten (10) days of the due date in the payment nonpayment of Basic Rent, Additional Rent or any other sum of money due to Landlord hereunder on the day same was due (without notice thereof from Landlord) or hereunder, Tenant fails to cure such Default by paying such sum within five (5) days after the date Landlord gives notice that the same is unpaid and overdue, or diligently commence (ii) in the case of any other Default, Tenant fails to cure any other such Default within thirty fifteen (3015) days after notice thereof from is given by Landlord, Landlord (provided same is cured within a reasonable time thereafter and without any delay), may immediately or at any time thereafter, without further notice to Tenant Tenant, (i) enter upon the Premises as agent for Tenant, by legal entry, without terminating this Lease and do any and all acts as Landlord may deem necessary, proper or convenient to curing cure such Default, for the account of and at the expense of Tenant, and Tenant agrees to pay Landlord, upon demand, all damages and/or and expenses incurred by Landlord in so doing: ; or (ii) terminate this Lease and Tenant's ’s right to possession of the Premises and, with or without legal process, take possession of the Premises and remove Tenant, any occupant and any property therefrom, using such legal means, without being guilty of trespass trespass, without liability whatsoever to Tenant and without relinquishing any rights of Landlord against Tenant.

Appears in 1 contract

Samples: Lease Agreement (Jerrick Media Holdings, Inc.)

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