Lessor Failure of Performance Sample Clauses

Lessor Failure of Performance. If the Lessor shall fail to perform or cause to be performed any term, covenant, condition, or provision imposed upon it hereunder, and to correct such failure within thirty (30) calendar days after receipt of written notice from the Lessee or the Trustee specifying same, such failure shall be a “Lessor Failure of Performance”; provided, that in the case of any such failure that cannot with due diligence be corrected within such thirty (30) day period but can be wholly corrected within a period of time not materially detrimental to the rights of the Lessee, it shall not constitute a Lessor Failure of Performance if corrective action is instituted by the Lessor within such thirty (30) calendar day period after Lessor’s receipt of notice of the Lessor Failure of Performance and diligently pursued until the failure shall be corrected. Upon occurrence and during the continuation of any Lessor Failure of Performance the Lessee and any Leasehold Mortgagee shall have the right to: (i) perform, on behalf and at the expense of the Lessor, any obligation of the Lessor under this Ground Lease which the Lessor has failed to perform, the cost of which shall be reimbursed by the Lessor or added to Additional Rent (defined in the University Sublease) paid by the Lessor, as sublessee under the University Sublease, to the Lessee, as sublessor under the University Sublease; (ii) cure such Lessor Failure of Performance in any other reasonable manner; and (iii) pursue any combination of such remedies and/or any other right or remedy available to the Lessee in respect to the Lessor on account of such Lessor Failure of Performance under this Ground Lease or at law or in equity, other than termination of this Ground Lease.