Common use of Lessor’s Right to Cure Defaults Clause in Contracts

Lessor’s Right to Cure Defaults. All covenants and agreements to be performed by Lessee under any of the terms of this Lease shall be at its sole cost and expense and, except as otherwise specifically provided herein, without any abatement of rent. If Lessee shall fail to pay any sum of money, other than rent, required to be paid by it hereunder or shall fail to perform any other act on its part to be performed hereunder, shall fail to cure any such default within the applicable cure period, and such failure shall continue for five (5) days after Lessee has received notice thereof by Lessor, Lessor may, but shall not be obligated to do so, and without waiving any rights of Lessor or releasing Lessee from any obligations of Lessee hereunder, make such payment or perform such other act. All sums to be paid by Lessor and all necessary incidental costs together with interest thereon at the rate of one and one-half percent (1-1/2%) per month from the date of such payment by Lessor in connection with the performance of any such act by Lessor shall be considered additional rent hereunder and, except as otherwise in this Lease expressly provided, shall be payable to Lessor on demand or, at the option of Lessor, in such installments as Lessor may elect and may be added to any rent then due or thereafter becoming due under this Lease.

Lessor’s Right to Cure Defaults. All covenants convents and agreements to be performed by Lessee under any of the terms of this the Lease shall be at its sole cost and expense and, . except as otherwise specifically provided herein, without any abatement of rent. If Lessee shall fail fall to pay any sum of money, money other than rent, rent required to be paid by it hereunder or shall fail to perform any other act on its part to be performed hereunder, shall fail to cure any such default within the applicable cure period, and such failure shall continue for five (5) days after Lessee has received notice thereof by Lessor, Lessor may, may but shall not be obligated so to do sodo, and without waiving any rights of Lessor or releasing Lessee from any obligations of Lessee hereunder, make such payment or perform such other actad. All sums to be so paid or expenses incurred by Lessor and all necessary incidental costs together with interest thereon at the rate of one and one-half eighteen percent (1-1/218%) per month annum from the date of such payment by Lessor in connection with the performance of any such act by Lessor shall be considered additional as rent owing hereunder and, except as otherwise in this Lease expressly provided, and shall be payable to Lessor on demand or, at the option of Lessor, in such installments as Lessor may elect and may be added to any rent then due or thereafter becoming due under this Lease. In addition. Lessor shall have the same Night and remedies in the event of the nonpayment thereof be Lessee as in the case of default by lessee in the payment of any rent hereunder.

Lessor’s Right to Cure Defaults. All covenants convents and agreements to be performed by Lessee under any of the terms of this the Lease shall be at its sole cost and expense and, except as otherwise specifically provided herein, without any abatement of rent. rent If Lessee shall fail to pay any sum of money, money other than rent, required to be paid by it hereunder or shall fail to perform any other act on its part to be performed hereunder, shall fail to cure any such default within the applicable cure period, and such failure shall continue for five (5) days after Lessee has received notice thereof by Lessor, Lessor may, may but shall not be obligated so to do sodo, and without waiving any rights of Lessor or releasing Lessee from any obligations of Lessee hereunder, make such payment or perform such other act. act All sums to be so paid or expenses incurred by Lessor and all necessary incidental costs together with interest thereon at the rate of one and one-half eighteen percent (1-1/218%) per month annum from the date of such payment by Lessor in connection with the performance of any such act by Lessor shall be considered additional as rent owing hereunder and, except as otherwise in this Lease expressly provided, and shall be payable to Lessor on demand or, at the option of Lessor, in such installments as Lessor may elect and may be added to any rent then due or thereafter becoming due under this Lease. In addition, Lessor shall have the same right and remedies in the event of the nonpayment thereof be Lessee as in the case of default by lessee in the payment of any rent hereunder.

Lessor’s Right to Cure Defaults. All covenants and ------------------------------- agreements to be performed by Lessee under any of the terms of this Lease shall be at its sole cost and expense and, except as otherwise specifically provided herein, without any abatement of rent. If Lessee shall fail to pay any sum of money, other than rent, required to be paid by it hereunder or shall fail to perform any other act on its part to be performed hereunder, shall fail to cure any such default within the applicable cure period, and such failure shall continue for five (5) days after Lessee has received notice thereof by Lessor, Lessor may, but shall not be obligated to do so, and without waiving any rights of Lessor or releasing Lessee from any obligations of Lessee hereunder, make such payment or perform such other act. All sums to be paid by Lessor and all necessary incidental costs together with interest thereon at the rate of one and one-half percent (1-1/2%) per month from the date of such payment by Lessor in connection with the performance of any such act by Lessor shall be considered additional rent hereunder and, except as otherwise in this Lease expressly provided, shall be payable to Lessor on demand or, at the option of Lessor, in such installments as Lessor may elect and may be added to any rent then due or thereafter becoming due under this Lease.