Lease Performance Sample Clauses

Lease Performance. Concurrently with the execution of this Agreement, BUYER and SELLER are also executing the Lease (EXHIBIT "6"). If the Close of Escrow occurs under this Agreement, then the Lease shall be deemed null and void from its inception and of no force or effect. Except as provided in this subsection and subsection 14.1.3 below, if this Agreement is terminated by SELLER on account of BUYER'S default, then BUYER shall be obligated to perform as the LESSEE under the Lease and the Lease shall be in full force and effect and binding on SELLER and BUYER notwithstanding that BUYER shall no longer have the right to purchase the Property under this Agreement. Notwithstanding the preceding provision, if BUYER fails or refuses to take possession of the Property in compliance with all requirements of the Lease and agrees to fully perform all obligations under the Lease, then SELLER shall have the right to pursue any and all rights and remedies at law or in equity it may have under this Agreement and under the Lease and all such remedies shall be cumulative and non-exclusive. If BUYER takes possession of the Property and agrees to perform all obligations under the Lease, then SELLER agrees not to assert any claims against BUYER on account of its default in failing to purchase the Property under this Agreement except (a) for a claim for damages in amount equal to the amount of any Delay Credit resulting from BUYER's Delays that SELLER would have been entitled to receive in accordance with section 4.3 above, and (b) if the Lease is terminated by SELLER within twenty four (24) months on account of the breach of the Lease by BUYER that is not cured within any applicable notice and cure period under the Lease.
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Lease Performance. PDF, as Lessor, shall perform all covenants and conditions on the part of the Lessor to be performed under the Lease and shall enforce all covenants and conditions on the part of the Company to be performed under the Lease. PDF shall timely give written notice to City of any of Company’s defaults under the Lease.
Sample 1
Lease Performance. (a) Except to the extent expressly excluded from the terms of this Sublease pursuant to Article 27(r) hereof, Subtenant hereby assumes performance of and agrees to perform all of the terms, obligations, covenants and conditions on the part of Sublandlord, as tenant, to be kept, observed and performed under the Master Lease during the term of this Sublease, in respect of the Premises (and areas ancillary thereto), and Subtenant agrees to indemnify and hold Sublandlord and Master Landlord harmless from and against all liabilities, claims, costs and expenses (including reasonable attorneys’ fees) relating to or arising out of Subtenant’s performance of (or failure to perform) all of such terms, obligations, covenants and conditions. Subtenant hereby waives each and every right waived by Sublandlord, as tenant, under the Master Lease. In addition to the foregoing and except as otherwise herein expressly set forth (and except to the extent expressly excluded from the terms of this Sublease pursuant to Article 27(r) hereof), Subtenant covenants and agrees that Subtenant will keep, observe and perform any act, obligation, condition or covenant to be kept, observed and performed by Sublandlord, as tenant under the Master Lease, within a time period which (i) in the event the time period set forth in the Master Lease to do the same is less than or equal to fifteen (15) days, then within a time period which is three (3) days’ shorter than the time period set forth in the Master Lease (provided if the time period allowed in the Master Lease is shorter than three (3) days, then within two (2) days instead), and (ii) otherwise, within a time period which is five (5) days’ shorter than the time period set forth in the Master Lease for Sublandlord, as tenant thereunder, to perform, keep and observe such act, obligation, condition or covenant; provided, however, that in no event shall Subtenant cause a default to occur under the Master Lease. It is expressly noted, acknowledged and confirmed by Subtenant that a breach, default or failure to observe, perform or otherwise comply with all or any of the obligations, covenants, conditions, rules and regulations in this Sublease or the Master Lease on Subtenant’s part to be observed, performed or complied with shall be and be deemed to be a violation by Subtenant of a substantial obligation of the tenancy created by this Sublease entitling Sublandlord, after the passage of any applicable notice and cure period(s), to pursue any...
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Lease Performance 
Sample 1

Related to Lease Performance

  • Contract Performance C19.1 The Contractor shall ensure that: C19.1.1 the Goods conform in all respects with the Specification and, where applicable, with any sample or performance demonstration approved by the Authority; C19.1.2 the Goods operate in accordance with the relevant technical specifications and correspond with the requirements of the Specification and any particulars specified in the Contract; C19.1.3 the Goods conform in all respects with all applicable Laws; and C19.1.4 the Goods are free from defects in design, materials and workmanship and are fit and sufficient for all the purposes for which such Goods are ordinarily used and for any particular purpose made known to the Contractor by the Authority.

  • Work Performance Xxxxxx agrees that all Services performed hereunder shall be performed on a best effort basis by employees, students, faculty, graduate assistants and staff having an appropriate experience and skill level and in compliance with the statement of work.

  • Due Performance Each party to this Agreement undertakes the obligation that the other's expectation of receiving due performance will not be impaired. When reasonable grounds for insecurity arise with respect to the performance of either party, the other may, in writing, demand adequate assurance of due performance and until such written assurance is received may, if commercially reasonable, suspend any performance for which the agreed return has not been received.

  • Continuing Performance (a) The obligations under this Agreement continue until satisfied in full and do not merge with any action performed or document executed by any Party for the purposes of performance of this Agreement. (b) Any representation in this Agreement survives the execution of any document for the purposes of, and continues after, performance of this Agreement. (c) Any indemnity given by any Party under this Agreement: (i) constitutes a liability of that Party separate and independent from any other liability of that Party under this Agreement or any other agreement; and (ii) survives and continues after performance of this Agreement.

  • CONTRACTOR’S PERFORMANCE 2.21.1 Contractor shall make citizen satisfaction a priority in providing services under this Agreement. Contractor shall train its employees to be customer service-oriented and to positively and politely interact with citizens when performing contract services. Contractor’s employees shall be clean, courteous, efficient, and neat in appearance and committed to offering the highest quality of service to the public. If, in the Director’s opinion, Contractor is not interacting in a positive and polite manner with citizens, he or she shall direct Contractor to take all remedial steps to conform to these standards

  • Product Performance Contractor hereby warrants and represents that the Products acquired by the Authorized User under the terms and conditions of this Contract conform to the specifications, performance standards and documentation in the Authorized User Agreement., and the documentation fully describes the proper procedure for using the Products. Contractor further warrants and represents that if the Products acquired by the Authorized User pursuant to an Authorized User Agreement under this Contract include software application development, software application customization, software programming, software integration or similar items (“Software Deliverables”) then such Software Deliverables shall be free from defects in material and workmanship and conform with all requirements of the Contract and Authorized User Agreement for the warranty period of one (1) year from the date of acceptance of the completed project (“Project warranty period”). Contractor also warrants that the Products, in the form provided to the Authorized User, do not infringe any copyright, trademark, trade secret or other right of any third party.

  • Lawful Performance Vendor shall abide by all Federal, State and Local Laws, Ordinances, Regulations, and Statutes as may be related to the performance of duties under this agreement. In addition, all applicable permits and licenses required shall be obtained by the vendor, at vendor’s sole expense.

  • Excused Performance 6.1 Notwithstanding the occurrence of a Force Majeure Event, in which case Clause 17 will govern, BT will not be liable for any failure or delay to perform any of its obligations under this Agreement (including any of its obligations to meet any Service Levels) to the extent that BT’s failure or delay in performing arises as a result of: 6.1.1 any failure or delay by the Customer to perform any of the Customer’s obligations under this Agreement; 6.1.2 any act or omission other than on the part of a BT Affiliate or a subcontractor or supplier appointed by it unless that BT Affiliate, subcontractor or supplier has invoked their force majeure rights under their contract with BT; or 6.1.3 Applicable Law, a court order, an application for interlocutory relief or injunction restricting or preventing BT from supplying a Service.

  • Prompt Performance All actions required to be taken (including payments) by any party under this Agreement shall be performed within the time prescribed for performance in this Agreement, or if no period is prescribed, such actions shall be performed promptly.

  • Time for Performance The term of this SOW Agreement shall begin on and end on _ (the “Initial Term”). The Initial Term may be extended as the parties may agree. The State may terminate this SOW for convenience upon thirty days prior written notice to the Contractor. If the Master Agreement should expire or otherwise terminate prior to the end of the term of this SOW Agreement, this SOW Agreement shall continue to the end of its existing term, unless or until terminated in accordance with the terms of this SOW Agreement, and the Parties acknowledge and agree that the terms of the Master Agreement shall survive and apply to this SOW Agreement.

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