Common use of Multiple Defaults in a Year Clause in Contracts

Multiple Defaults in a Year. If within any one (1) year period, Lessor serves upon the Lessee three notices requiring Lessee either to: (i) comply with the terms of this Lease or to vacate the Premises or (ii) pay Rent or vacate (collectively referred to herein as “Default Notices”), then Lessee shall, upon a subsequent violation of any term of this Lease by the Lessee (including failure to pay Rent), be deemed to be in unlawful detainer, and Lessor may, in addition to any other remedies it may have, immediately terminate the Lease and/or commence an unlawful detainer action without further notice to Lessee.

Appears in 6 contracts

Samples: Commercial Lease, Commercial Lease, Commercial Lease

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Multiple Defaults in a Year. If within any one (1) year 1)-year period, Lessor serves upon the Lessee three (3) notices requiring Lessee either to: to (i) comply with the terms of this Lease or to vacate the Premises Premises; or (ii) pay Rent or vacate (collectively referred to herein as “Default Notices”), then Lessee shall, upon a subsequent violation of any term of this Lease by the Lessee (including failure to pay Rent), be deemed to be in unlawful detainer, and Lessor Xxxxxx may, in addition to any other remedies it may have, immediately terminate the Lease and/or commence an unlawful detainer action without further notice to LesseeXxxxxx.

Appears in 1 contract

Samples: Commercial Property Lease

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