LESSOR'S PERFORMANCE OF LESSEE'S COVENANTS Sample Clauses

LESSOR'S PERFORMANCE OF LESSEE'S COVENANTS. Should Lessee, after seven days' notice from the Lessor, fail to do any of the things required to be done by it under the provisions of this Lease, Lessor, in addition to any and all other rights and remedies, may (but shall not be required to) do the same or cause the same to be done, and the reasonable amount of any money expended by Lessor in connection therewith shall constitute additional rental due from Lessee to Lessor and shall be payable as rental on the date for payment of rentals immediately following such expenditure.
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LESSOR'S PERFORMANCE OF LESSEE'S COVENANTS. 12.1 Should Lessee at any time fail or omit to do any act or thing provided under this Lease to be done by Lessee, Lessor may in its sole discretion after ten (10) days' written notice to Lessee, itself do or cause to be done such act or thing including the payment of any claim or lien upon Leased Premises made or filed by any laborer, supplier, materialman, principal contractor, subcontractor, or other person, whether for work, labor or services performed upon, or materials supplied to Leased Premises). All monies paid by Lessor shall be and constitute so much additional rental due hereunder from Lessee to Lessor to be due and payable upon notice given by Lessor of the nature and amount thereof, on the first day of the calendar month next succeeding the month during which Lessor shall have given notice, with interest upon any such amount at the rate of ten percent (10%) per annum from the date of payment by Lessor until repayment to Lessor by Lessee.
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LESSOR'S PERFORMANCE OF LESSEE'S COVENANTS. If Lessee at any time fails to pay any Taxes or other charge which it is currently required to pay in accordance with Section 16 of the Participation Agreement within the time therein permitted, or to pay for or maintain any of the insurance policies required by Article 7, within the time permitted in such Section or Article, as the case may be, or fails to perform any other covenant on Lessee's part to be performed hereunder, then Lessor, after TEN (10) days' prior written notice to Lessee (or, in case of any emergency, upon such notice or without notice as may be reasonable under the circumstances or, if sooner, when such failure shall constitute an Event of Default hereunder) and without waiving or releasing Lessee from any obligation of Lessee under this Lease, may, but will not be required to, pay such Taxes or other charges payable by Lessee or perform such covenant pursuant to the applicable provisions hereof. All sums so paid by Lessor and all costs and expenses incurred by Lessor in connection with the performance of any such act shall be Additional Rent, and will become payable by Lessee to Lessor TEN (10) days after receipt by Lessee of Lessor's written demand therefor, accompanied by reasonable documentation confirming payment of said sums by Lessor. To the extent that Lessor makes any payment on behalf of Lessee pursuant to this Section, Lessee shall also pay interest to Lessor at the Late Rate from the date any such payment was made by Lessor on behalf of Lessee until Lessor is paid in full with such interest.
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LESSOR'S PERFORMANCE OF LESSEE'S COVENANTS. Should Lessee, after seven (7) days’ notice from the Lessor, fail to do any of the things required to be done by it under the provisions of this Lease, Lessor, in addition to any and all other rights and remedies, may (but shall not be required to) do the same or cause the same to be done, and the reasonable amount of any money expended by Lessor in connection therewith shall constitute additional rental due from Lessee to Lessor and shall be payable as rental on the date for payment of rentals immediately following such expenditure. In addition to the foregoing, Lessee shall pay as further additional rental twenty percent (20%) of the amount due Lessor under this Section 40 as a service and overhead fee.
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LESSOR'S PERFORMANCE OF LESSEE'S COVENANTS. 11.1 Should Lessee at any time fail or omit to do any act or thing provided under this Leased to be done by Lessee, Lessor may in its sole discretion, upon ten days written notice to Lessee, itself do or cause to be done such act or thing, including the payment of any and all water service charges and other governmental impositions, any and all governmental permits and other license fees and charges, the cost of maintenance and operation, or any addition to or alteration or repair of improvement in the Leased Premises, any insurance premium, any claim against or lien upon the Leased Premises, made or filed by any laborer, supplier, material-man, principal contractor, subcontractor, or other person, whether for work, labor or services performed upon or materials supplied to the Leased Premises under this Lease. 11.2 All monies paid by Lessor pursuant to the provisions of the above paragraph shall be and constitute so much additional rental due hereunder from Lessee to Lessor to be due and payable upon notice given to Lessee by Lessor of the nature and amount thereof, with the next monthly installment of rent, with interest upon any such amount at the rate of two percent (2%) above the prime rate of interest charged by the First National Bank of Chicago from time to time (or the highest lawful rate if less than such sum) from the date of payment by Lessor until repayment thereof to Lessor by Lessee.
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LESSOR'S PERFORMANCE OF LESSEE'S COVENANTS. Should Lessee, after seven (7) days notice from the Lessor, fail to do any of the things required to be done by it under the provisions of this Lease, Lessor, in addition to any and all other rights and remedies, may (but shall not be required to) do the same or cause the same to be done; and the reasonable amount of any money expended by Lessor in connection therewith shall constitute additional rental due from Lessee to Lessor and shall be payable as rental on the date for payment of rentals immediately following such expenditure.
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LESSOR'S PERFORMANCE OF LESSEE'S COVENANTS. Should Lessee at any time fail to do any of the things required to be done by it under the provisions of this Lease, Lessor at its option, and in addition to any and all other rights and remedies of Lessor in such event, may (but shall not be required to) do the same or cause the same to be done, and the reasonable amount of any money expended by Lessor in connection therewith shall be so much additional rental due from Lessee to Lessor and shall be a demand obligation owing by Lessee to Lessor bearing interest at the Default Rate from the date written demand for the repayment thereof is given by Lessor until the repayment thereof to Lessor by Lessee.
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LESSOR'S PERFORMANCE OF LESSEE'S COVENANTS. 15.1 Should Lessee at any time fail or omit to do any act or thing provided under this Lease to be done by Lessee, Lessor may in its sole discretion after ten (10) days advance written notice to Lessee, itself do or cause to be done such act or thing, including the payment of any and all water rates and other governmental impositions, any and all governmental permits and other licenses fees and change, the cost of maintenance and operation, or any addition to or alteration or repair or improvements in the Premises, any insurance premium, any claim against or lien upon the Premises made or filed by any labor, supplier, material-man, principal contractor, subcontractor, or other person, whether for work, labor or service performed upon, or materials supplied to the Premises, any public utility xxxx or charge and any and all other sums payable by Lessee under this Lease. 15.2 All monies paid by Lessor pursuant to the provisions of Article 15.1 shall be and constitute so much Additional Rent use hereunder from Lessee to Lessor to be due and payable upon notice given by Lessor of the nature and amount thereof, on the first day of the calendar month next succeeding the month during which Lessor shall have given notice with interest upon any such amount at the applicable maximum legal rate and if none, then at the rate of eighteen (18%) percent per annum from the date of payment by Lessor until repayment to Lessor by Lessee.
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LESSOR'S PERFORMANCE OF LESSEE'S COVENANTS. Should Lessee at any time fail to do any of the things required to be done by it under the provisions of this Lease, Lessor, at its option and after giving notice to Lessee pursuant to the provisions relating to notice contained in Section 2101, may (but shall not be required to) do the same or cause the same to be done, and the amounts paid by Lessor in connection therewith shall be so much additional rent due on the next rent date after such payment, together with interest at twelve (12%) percent per annum from the date of payment. Should Lessor at any time fail to do any of the things required to be done by it under the provisions of this Lease, Lessee, at its option and pursuant to the provisions relating to notice contained in Section 2101, may (but shall not be required to) do the same or cause the same to be done, and the amounts paid by Lessee in connection therewith shall immediately be payable by the Lessor to the Lessee, together with interest at twelve (12%) percent per annum from the date of payment.
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Related to LESSOR'S PERFORMANCE OF LESSEE'S COVENANTS

  • LESSEE'S COVENANTS The Lessee agrees, warrants and represents that it shall commit no waste to the Demised Premises, nor suffer the same to be committed thereon, nor injure nor misuse the same; and further agrees, warrants and represents that the Lessee has neither the right nor the power to assign or hypothecate this Lease in any way whatsoever, except as otherwise provided in this Lease, or to make alterations or improvements to the demised premises, except non structural alterations in connection with the renovation of the demised premises for the permitted uses subject to the prior written approval of the Director of Operations , nor use the same for any purposes except as those expressly authorized herein or in accordance with the applicable provision of this Lease. The Lessee shall keep the premises in good condition, free of debris, safely and adequately for the uses and purposes hereby authorized. The Lessee shall deliver the premises up to Lessor upon the expiration or earlier termination of this Lease in reasonably good condition, normal wear and tear excepted, and the Lessee shall have no right nor obligation to remove any improvements to the Premises without the prior written consent of Lessor. Likewise, any fixtures, equipment, furnishings, supplies or inventory which are purchased or obtained, during the term of this Lease, by or for the Lessee utilizing any City operating or other revenue funds, including but not limited to state and federal funds administered by the City, shall become the property of Lessor upon the expiration or sooner termination of this Lease in good condition, normal wear and tear excepted, at the option of Lessor.

  • Landlord’s Right to Perform Tenant’s Covenants Tenant covenants and agrees that, if it shall at any time fail to make any payment or perform any other act on its part to be made or performed as in this Lease provided, then Landlord, in its sole discretion may after due notice to, or demand upon, Tenant and subject to the limitations set forth below, make any payment or perform any other act on the part of Tenant to be made and performed as in this Lease provided, in such manner and to such extent as Landlord may reasonably deem desirable, and in exercising any such rights, Landlord may pay necessary and incidental costs and expenses, employ counsel, and incur and pay reasonable attorneys’ fees. The making of any such payment or the performing of any other act by Landlord pursuant to this Article shall not waive, or release Tenant from, any obligations of Tenant in this Lease contained. All sums so paid by Landlord and all reasonably necessary and incidental costs and expenses in connection with the performance of any such act by Landlord shall, except as otherwise in this Lease expressly provided, be payable to Landlord on demand, and Tenant covenants to pay any such sum or sums promptly, and Landlord shall have (in addition to any other right or remedy of Landlord) the same rights and remedies in the event of the non-payment thereof by Tenant as in the case of default by Tenant in the payment of the Base Rent. Whenever practicable, Landlord, before proceeding as provided in this Section 12.4, shall give Tenant notice in writing of the failure of Tenant which Landlord proposes to remedy, and shall allow Tenant such length of time as may be reasonable in the circumstances, consistent with any grace periods contained herein, but not exceeding 30 days from the giving of notice, to remedy the failure itself and, if Tenant shall not remedy the failure in the time so allowed, Landlord shall be deemed to have given “due notice” and may proceed as provided in this Section 12.4; provided that nothing in this Section shall prevent Landlord from acting without notice to Tenant in case of any emergency wherein there is danger to property or person or where there may exist any violation of legal requirements including but not limited to the presence of Hazardous Materials, in which event no notice shall be required.

  • LANDLORD'S COVENANTS The Landlord hereby covenants with the Tenant as follows:

  • COVENANTS OF LESSEE Lessee hereby covenants and agrees with Lessor as follows:

  • Tenant’s Covenants The Tenant hereby covenants with the Landlord as follows:

  • Landlord’s Covenant Upon payment by the Tenant of the rents and other charges herein provided, and upon the observance and performance of all the covenants, terms and conditions on Tenant’s part to be observed and performed, Tenant shall peaceably and quietly hold and enjoy the Premises for the term hereby demised without hindrance or interruption by Landlord or any other person or persons lawfully or equitably claiming by, through or under the Landlord, subject, nevertheless, to the terms and conditions of this Lease.

  • COVENANTS OF LANDLORD 22.1 Landlord represents and covenants that it has the right to make this Lease for the term aforesaid, and Landlord covenants that Tenant shall, during the term hereby created, freely, peaceably and quietly occupy and enjoy the full possession of the Premises without disturbance, molestation or hindrance by any person or entity whatever claiming an interest in the Premises prior or superior to Tenant's. Nothing in this Section 22.1, however, shall prevent Landlord from exercising any remedy available to it on account of an Event of Default by Tenant under this Lease. Landlord and Tenant each acknowledge and agree that Tenant's leasehold estate in and to the Premises vests on the date this Lease is fully executed by Landlord and Tenant, notwithstanding that the Lease Term will not commence until a future date. 22.2 Landlord hereby reserves to itself and its successors and assigns the following rights (all of which are hereby consented to by Tenant): (i) if imposed by Legal Requirements in Landlord's reasonable judgment after consultation with Tenant, if Tenant and/or its Affiliates are the lessees of more than fifty-one percent (51%) of the Premises, to change the street address and/or the arrangement and/or location of entrances, passageways, doors, doorways, corridors, elevators, stairs, toilets, or other public parts of the Building; and (ii) subject to compliance with Landlord's obligations pursuant to Sections 8.1 and 11.1, if imposed by Legal Requirements or if necessary for the proper functioning of the Premises after consultation with Tenant, if Tenant and/or its Affiliates are the lessees of more than fifty-one percent (51%) of the Premises, to erect, use and maintain pipes and conduits in and through the Premises; and (iii) to establish and maintain field offices in the Building for site engineers, property management and maintenance personnel comprising, in the aggregate, approximately 600 rentable square feet; and in number and locations that are typical for Class A suburban office buildings in the Market Area provided that, subject to the foregoing standards, Tenant shall have approval rights over the particular size and locations of such facilities, which approval shall not be unreasonably withheld, conditioned or delayed. Provided Landlord acts reasonably and diligently and in a manner not likely to materially, adversely affect Tenant's continuing and reasonably uninterrupted business functions, Landlord may exercise any or all of the foregoing rights without being deemed to be guilty of an eviction, actual or constructive, or a disturbance or interruption of the business of Tenant or of Tenant's use or occupancy of the Premises and without diminishing the rent payable hereunder.

  • ABATEMENT OF RENT; LESSEE'S REMEDIES (a) In the event of (i) Premises Partial Damage or (ii) Hazardous Substance Condition for which Lessee is not legally responsible, the Base Rent, Common Area Operating Expenses and other charges, if any, payable by Lessee hereunder for the period during which such damage or condition, its repair, remediation or restoration continues, shall be abated in proportion to the degree to which Lessee's use of the Premises is impaired, but not in excess of proceeds from insurance required to be carried under Paragraph 8.3(b). Except for abatement of Base Rent, Common Area Operating Expenses and other charges, if any, as aforesaid, all other obligations of Lessee hereunder shall be performed by Lessee, and Lessee shall have no claim against Lessor for any damage suffered by reason of any such damage, destruction, repair, remediation or restoration. (b) If Lessor shall be obligated to repair or restore the Premises under the provisions of this Paragraph 9 and shall not commence, in a substantial and meaningful way, the repair or restoration of the Premises within ninety (90) days after such obligation shall accrue, Lessee may, at any time prior to the commencement of such repair or restoration, give written notice to Lessor and to any Lenders of which Lessee has actual notice of Lessee's election to terminate this Lease on a date not less than sixty (60) days following the giving of such notice. If Lessee gives such notice to Lessor and such Lenders and such repair or restoration is not commenced within thirty (30) days after receipt of such notice, this Lease shall terminate as of the date specified in said notice. If Lessor or a Lender commences the repair or restoration of the Premises within thirty (30) days after the receipt of such notice, this Lease shall continue in full force and effect. "Commence" as used in this Paragraph 9.6 shall mean either the unconditional authorization of the preparation of the required plans, or the beginning of the actual work on the Premises, whichever occurs first.

  • Tenant Covenants The Tenant covenants during the Term and for such further time as the Tenant occupies any part of the Premises:

  • Performance by Landlord If Tenant fails to perform any obligation required under this Lease or by law or governmental regulation, Landlord in its sole discretion may, after ten (10) days prior written notice to Tenant, without waiving any rights or remedies and without releasing Tenant from its obligations hereunder, perform such obligation, in which event Tenant shall pay Landlord as additional rent all sums paid by Landlord in connection with such substitute performance, including interest at the Agreed Interest Rate (as defined in Section 19.J) within ten (10) days of Landlord's written notice for such payment.

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