Common use of Lessor Event of Default Clause in Contracts

Lessor Event of Default. A default by Lessor (a “Lessor Event of Default”) will occur under this Lease if Lessor fails to perform any of its obligations or covenants under this Lease, and such failure is not cured within thirty (30) business days after Lessor’s receipt of written notice from Lessee of this failure; provided, however, that no Lessor Event of Default will occur if Lessor begins to cure the failure forming the basis of the Lessor Event of Default within thirty (30) business days after its receipt of such notice and continues such cure with reasonable diligence for such period as is reasonably necessary to cure the failure.

Appears in 3 contracts

Samples: Master Hospital Lease Agreement, Cooperative Endeavor Agreement, Master Hospital Lease Agreement

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Lessor Event of Default. A default by Lessor (a “Lessor Event of Default”) will occur under this Lease if Lessor fails to perform any of its obligations or covenants under this Lease, and such failure is not cured within thirty (30) business days after LessorXxxxxx’s receipt of written notice from Lessee of this failure; provided, however, that no Lessor Event of Default will occur if Lessor begins to cure the failure forming the basis of the Lessor Event of Default within thirty (30) business days after its receipt of such notice and continues such cure with reasonable diligence for such period as is reasonably necessary to cure the failure.

Appears in 2 contracts

Samples: Master Hospital Lease Agreement, Cooperative Endeavor Agreement

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Lessor Event of Default. A default by Lessor (a “Lessor Event of Default”) will occur under this Lease if Lessor fails to perform any of its material obligations or covenants under this Lease, and such failure is not cured within thirty (30) business calendar days after Lessor’s receipt of written notice from Lessee of this failure; provided, however, that no Lessor Event of Default will occur if Lessor begins to cure the failure forming the basis of the Lessor Event of Default within thirty (30) business calendar days after its receipt of such notice and continues such cure with reasonable diligence for such period as is reasonably necessary to cure the failure.

Appears in 1 contract

Samples: Office Space Lease Agreement

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