Common use of Lessor's Remedies on Default Clause in Contracts

Lessor's Remedies on Default. If Lessee defaults in the payment of rent, or any additional rent, or defaults in the performance of any of the other covenants or conditions hereof, Lessor may give Lessee notice of such default and if Lessee does not cure any such default within ten (10) days, after the giving of such notice, then Lessor may terminate this Lease on not less than sixty (60) days notice to Lessee. On the date specified in such notice the term of this Lease shall terminate, and Xxxxxx shall then quit and surrender the premises to Lessor, but Xxxxxx shall remain liable as hereinafter provided. If this Lease shall have been so terminated by Lessor, Lessor may at any time thereafter resume possession of the premises.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

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Lessor's Remedies on Default. If Lessee defaults in the payment of rent, or any additional rent, or defaults in the performance of any of the other covenants or conditions hereof, Lessor may give Lessee notice of such default and if Lessee does not cure any such default within ten (10) 7 days, after the giving of such notice, then Lessor may miry terminate this Lease on lease in not less than sixty (60) 7 days notice to Lessee. On the date specified in such notice the term of this Lease lease shall terminate, terminal; and Xxxxxx Lessee shall then quit and surrender the premises to Lessor, but Xxxxxx Lessee shall remain liable for all rent and other terms and conditions as hereinafter herein provided. If this Lease lease shall have been so terminated by Lessor, Lessor may at any time rim.; thereafter resume possession of the premisespremises by any lawful means and remove Lessee or other occupants and their effects. No failure to enforce any term shall be deemed a waver.

Appears in 2 contracts

Samples: Neuralstem, Inc., Neuralstem, Inc.

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Lessor's Remedies on Default. If Lessee defaults in the payment of rent, or any additional rent, or defaults in the performance of any of the other covenants or conditions hereof, Lessor may give Lessee notice of such default and if Lessee does not cure any such default within ten thirty (1030) days, after the giving of such notice, then Lessor may terminate this Lease on not less than sixty (60) days notice to Lessee. On the date specified in such notice the term of this Lease shall terminate, and Xxxxxx shall then quit and surrender the premises to Lessor, but Xxxxxx shall remain liable as hereinafter provided. If this Lease shall have been so terminated by Lessor, Lessor may at any time thereafter resume possession of the premises.

Appears in 1 contract

Samples: Lease Agreement

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