Common use of Lessee’s Remedies Clause in Contracts

Lessee’s Remedies. ‌ If any Default by Lessor occurs, Xxxxxx will have the right, at Xxxxxx’s election, then or at any later time, to exercise the remedy described below. Exercise of such remedy will not prevent the concurrent or subsequent exercise of any other remedy otherwise available to Lessee at law or in equity. Lessee may, at Lessee’s option but without obligation to do so, and without releasing Lessor from any obligations under this Lease, make any payment or take any action as Lessee deems necessary or desirable to cure any Default by Lessor in such manner and to such extent as Lessee in good xxxxx xxxxx necessary or desirable, provided that, prior to making any such payment or taking any such action, Lessee notifies Lessor of Lessee’s intention to do so and affords Lessor at least 10 days in which to make such payment or take such action. Lessor will pay Lessee, upon demand, all advances, costs and expenses of Lessee in connection with making any such payment or taking any such action, together with interest at the Default Rate, from the date of payment of any such advances, costs and expenses by Xxxxxx.

Appears in 3 contracts

Samples: Commercial Lease, Commercial Lease, Commercial Lease

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Lessee’s Remedies. ‌ If any Default by Lessor occurs, Xxxxxx will have the right, at Xxxxxx’s election, then or at any later time, to exercise the remedy described below. Exercise of such remedy will not prevent the concurrent or subsequent exercise of any other remedy otherwise available to Lessee at law or in equity. Lessee may, at Lessee’s option but without obligation to do so, and without releasing Lessor from any obligations under this Lease, make any payment or take any action as Lessee deems necessary or desirable to cure any Default by Lessor in such manner and to such extent as Lessee in good xxxxx xxxxx necessary or desirable, provided that, prior to making any such payment or taking any such action, Lessee notifies Lessor of LesseeXxxxxx’s intention to do so and affords Lessor at least 10 days in which to make such payment or take such action. Lessor will pay Lessee, upon demand, all advances, costs and expenses of Lessee in connection with making any such payment or taking any such action, together with interest at the Default Rate, from the date of payment of any such advances, costs and expenses by Xxxxxx.

Appears in 2 contracts

Samples: Commercial Lease, Commercial Lease

Lessee’s Remedies. ‌ If any Default by Lessor occurs, Xxxxxx Lessee will have the right, at XxxxxxLessee’s election, then or at any later time, to exercise the remedy described below. Exercise of such remedy will not prevent the concurrent or subsequent exercise of any other remedy otherwise available to Lessee at law or in equity. Lessee may, at Lessee’s option but without obligation to do so, and without releasing Lessor from any obligations under this Lease, make any payment or take any action as Lessee deems necessary or desirable to cure any Default by Lessor in such manner and to such extent as Lessee in good xxxxx xxxxx necessary or desirable, provided that, prior to making any such payment or taking any such action, Lessee notifies Lessor of Lessee’s intention to do so and affords Lessor at least 10 days in which to make such payment or take such action. Lessor will pay Lessee, upon demand, all advances, costs and expenses of Lessee in connection with making any such payment or taking any such action, together with interest at the Default Rate, from the date of payment of any such advances, costs and expenses by XxxxxxLessee.

Appears in 2 contracts

Samples: Commercial Lease, Commercial Lease

Lessee’s Remedies. If any Default by Lessor occurs, Xxxxxx Lessee will have the right, at XxxxxxLessee’s election, then or at any later time, to exercise the remedy described below. Exercise of such remedy will not prevent the concurrent or subsequent exercise of any other remedy otherwise available to Lessee at law or in equity. Lessee may, at Lessee’s option but without obligation to do so, and without releasing Lessor from any obligations under this Lease, make any payment or take any action as Lessee deems necessary or desirable to cure any Default by Lessor in such manner and to such extent as Lessee in good xxxxx xxxxx necessary or desirable, provided that, prior to making any such payment or taking any such action, Lessee notifies Lessor of Lessee’s intention to do so and affords Lessor at least 10 days in which to make such payment or take such action. Lessor will pay Lessee, upon demand, all advances, costs and expenses of Lessee in connection with making any such payment or taking any such action, together with interest at the Default Rate, from the date of payment of any such advances, costs and expenses by XxxxxxLessee.

Appears in 2 contracts

Samples: Commercial Lease, Commercial Lease

Lessee’s Remedies. If any Default by Lessor occurs, Xxxxxx will have the right, at Xxxxxx’s election, then or at any later time, to exercise the remedy described below. Exercise of such remedy will not prevent the concurrent or subsequent exercise of any other remedy otherwise available to Lessee at law or in equity. Lessee may, at Lessee’s option but without obligation to do so, and without releasing Lessor from any obligations under this Lease, make any payment or take any action as Lessee deems necessary or desirable to cure any Default by Lessor in such manner and to such extent as Lessee in good xxxxx xxxxx necessary or desirable, provided that, prior to making any such payment or taking any such action, Lessee notifies Lessor of Lessee’s intention to do so and affords Lessor at least 10 ten (10) days in which to make such payment or take such action. Lessor will pay Lessee, upon demand, all advances, costs costs, and expenses of Lessee in connection with making any such payment or taking any such action, together with interest at the Default Rate, from the date of payment of any such advances, costs and expenses by Xxxxxx.

Appears in 1 contract

Samples: Commercial Lease Agreement

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Lessee’s Remedies. ‌ If any Default by Lessor occurs, Xxxxxx Lessee will have the right, at XxxxxxLessee’s election, then or at any later time, to exercise the remedy described below. Exercise of such remedy will not prevent the concurrent or subsequent exercise of any other remedy otherwise available to Lessee at law or in equity. Lessee may, at Lessee’s option but without obligation to do so, and without releasing Lessor from any obligations under this Lease, make any payment or take any action as Lessee deems necessary or desirable to cure any Default by Lessor in such manner and to such extent as Lessee in good xxxxx xxxxx necessary or desirable, provided that, prior to making any such payment or taking any such action, Lessee notifies Lessor of Lessee’s intention to do so and affords Lessor at least 10 ten (10) days in which to make such payment or take such action. Lessor will pay Lessee, upon demand, all advances, costs costs, and expenses of Lessee in connection with making any such payment or taking any such action, together with interest at the Default Rate, from the date of payment of any such advances, costs and expenses by XxxxxxLessee.

Appears in 1 contract

Samples: Sample Lease Agreement

Lessee’s Remedies. ‌ If any Default by Lessor occurs, Xxxxxx will have the right, at Xxxxxx’s election, then or at any later time, to exercise the remedy described below. Exercise of such remedy will not prevent the concurrent or subsequent exercise of any other remedy otherwise available to Lessee at law or in equity. Lessee may, at Lessee’s option but without obligation to do so, and without releasing Lessor from any obligations under this Lease, make any payment or take any action as Lessee deems necessary or desirable to cure any Default by Lessor in such manner and to such extent as Lessee in good xxxxx xxxxx necessary or desirable, provided that, prior to making any such payment or taking any such action, Lessee notifies Lessor of Lessee’s intention to do so and affords Lessor at least 10 days in which to make such payment or take such action. Lessor will pay Lessee, upon demand, all advances, costs and expenses of Lessee in connection with making any such payment or taking any such action, together with interest at the Default Rate, from the date of payment of any such advances, costs and expenses by Xxxxxx.Xxxxxx.‌‌

Appears in 1 contract

Samples: Commercial Lease

Lessee’s Remedies. ‌‌ If any Default by Lessor occurs, Xxxxxx will have the right, at Xxxxxx’s election, then or at any later time, to exercise the remedy described below. Exercise of such remedy will not prevent the concurrent or subsequent exercise of any other remedy otherwise available to Lessee at law or in equity. Lessee may, at Lessee’s option but without obligation to do so, and without releasing Lessor from any obligations under this Lease, make any payment or take any action as Lessee deems necessary or desirable to cure any Default by Lessor in such manner and to such extent as Lessee in good xxxxx xxxxx necessary or desirable, provided that, prior to making any such payment or taking any such action, Lessee notifies Lessor of Lessee’s intention to do so and affords Lessor at least 10 days in which to make such payment or take such action. Lessor will pay Lessee, upon demand, all advances, costs and expenses of Lessee in connection with making any such payment or taking any such action, together with interest at the Default Rate, from the date of payment of any such advances, costs and expenses by Xxxxxx.

Appears in 1 contract

Samples: Commercial Lease

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