Lessor’s Right to Cure Defaults. If Lessee fails to perform any obligation under this lease, Lessor shall have the option to do so after THIRTY (30) days' written notice to Xxxxxx. All of Xxxxxx's expenditures to correct the default shall be reimbursed by Xxxxxx on demand, with interest at the rate of FIVE (5%) percent per annum from the due date until paid.
Appears in 1 contract
Samples: Real Estate Lease Agreement
Lessor’s Right to Cure Defaults. If Lessee fails to perform any obligation under this lease, Lessor shall have the option to do so after THIRTY (30) days' written notice to XxxxxxLessee. All of XxxxxxLessor's expenditures to correct the default shall be reimbursed by Xxxxxx Lessee on demand, with interest at the rate of FIVE (5%) percent per annum from the due date until paid.
Appears in 1 contract
Samples: Real Estate Lease Agreement
Lessor’s Right to Cure Defaults. If Lessee fails to perform any obligation under this lease, Lessor shall have the option to do so after THIRTY (30) days' written notice to XxxxxxLessee. All of XxxxxxLessor's expenditures to correct the default shall be reimbursed by Xxxxxx Lessee on demand, with interest at the rate of FIVE TWELVE (512%) percent per annum from the due date until paid.
Appears in 1 contract
Samples: Real Estate Lease Agreement
Lessor’s Right to Cure Defaults. If Lessee fails to perform any obligation under this lease, Lessor shall have the option to do so after THIRTY thirty (30) days' written notice to XxxxxxLessee. All of XxxxxxLessor's reasonable and necessary expenditures to correct the default shall be reimbursed by Xxxxxx Lessee on demand, demand with interest at the rate of FIVE ten percent (510%) percent per annum from the due date until paidof expenditure by Lessor.
Appears in 1 contract
Samples: Lease Agreement (800 Com Inc)