LESSOR PERFORMANCE FOR LESSEE Sample Clauses
The 'Lessor Performance for Lessee' clause requires the lessor to perform certain obligations or services on behalf of the lessee under the lease agreement. In practice, this may involve the lessor handling maintenance, repairs, or compliance with regulatory requirements that would otherwise be the lessee's responsibility. By shifting these duties to the lessor, the clause ensures that the lessee receives necessary services without direct involvement, thereby reducing the lessee's burden and clarifying responsibility for key operational tasks.
LESSOR PERFORMANCE FOR LESSEE. The exercise by LESSOR of its remedy of performing a LESSEE obligation hereunder is not a waiver of and will not relieve LESSEE from the performance of such obligation at any subsequent time or from the performance of any of its other obligations hereunder.
LESSOR PERFORMANCE FOR LESSEE. The exercise by Lessor of its remedy of performing a Lessee obligation hereunder is not a waiver of and will not relieve Lessee from the performance of such obligation at any time or from the performance of any of its other obligations hereunder. If a Default shall occur hereunder, Lessor may make the payment or perform or comply with the agreement, the non-payment, nonperformance or noncompliance which caused such Default and the amount of such payment and the amount of the reasonable expense of Lessor incurred in connection with such payment or the performance of or compliance with such agreement, as the case may be, together with interest at the Late Payment Rate, shall be payable by Lessee to Lessor upon demand, and such action shall not be deemed a cure or waiver of any Default or Event of Default hereunder by Lessee unless or until Lessor is reimbursed by Lessee.
LESSOR PERFORMANCE FOR LESSEE. 90 28.4 LESSOR's Payment Obligations...........................90 28.5