Common use of Notice and Right to Cure Clause in Contracts

Notice and Right to Cure. Tenant agrees to send by registered or ------------------------ certified mail to any ground lessor or mortgagee identified in any notice from Landlord to Tenant a copy of any notice of default sent by Tenant to Landlord. If Landlord fails to cure such default within the required time period under this Lease, but ground lessor or mortgagee begins to cure within ten (10) days after such period and proceeds diligently to complete such cure, then ground lessor or mortgagee shall have such additional time as is necessary to complete such cure, including any time necessary to obtain possession if possession is necessary to cure, and Tenant shall not begin to enforce its remedies so long as the cure is being diligently pursued.

Appears in 2 contracts

Samples: Lease (Numerical Technologies Inc), Lease (Loudcloud Inc)

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Notice and Right to Cure. Tenant agrees to send by registered or ------------------------ certified mail notice in the manner specified in Section 22 to any ground lessor or mortgagee identified in any a notice from Landlord to Tenant a copy of any notice of default sent by Tenant to Landlord. If Landlord fails to cure such default within the required time period under this Lease, but ground lessor or mortgagee begins to cure within ten (10) 10 days after such period and proceeds diligently to complete such cure, then ground lessor or mortgagee shall have such additional time as is necessary to complete such cure, including any time necessary to obtain possession if possession is necessary to cure, and Tenant shall not begin to enforce its remedies so long as the cure is being diligently pursued.

Appears in 1 contract

Samples: Office Lease (Shattuck Labs, Inc.)

Notice and Right to Cure. Tenant agrees to shall send by registered or ------------------------ certified mail to any ground lessor Interest Holder that shall have notified Tenant in writing that it is the holder of such interest in or mortgagee identified in any notice from Landlord to Tenant lien upon the Premises, a copy of any notice of default sent by Tenant to Landlord. If Landlord fails to cure such default within the required time period under this Lease, but ground lessor or mortgagee Interest Holder begins to cure within ten twenty (1020) days after such period and proceeds diligently to complete such cure, then the ground lessor or mortgagee shall have such additional time as is necessary to complete such cure, including any time necessary to obtain possession if possession is necessary to cure, and Tenant shall not begin to enforce its remedies so long as the cure is being diligently pursued.

Appears in 1 contract

Samples: Lease Agreement (AntriaBio, Inc.)

Notice and Right to Cure. Tenant agrees to send by registered or ------------------------ certified mail to any ground lessor or mortgagee identified in any notice from Landlord to Tenant a copy of any notice of default sent by Tenant to Landlord. If Landlord fails to cure such default within the required time period under this Lease, but ground lessor or mortgagee begins to cure within ten (10) days after such period and proceeds diligently to complete such cure, then ground lessor or mortgagee shall have such additional time as is necessary to complete such cure, including any time necessary to obtain possession if possession is necessary to cure, and Tenant shall not begin to enforce its remedies so long as the cure is being diligently pursued.

Appears in 1 contract

Samples: Letter Agreement (Anadys Pharmaceuticals Inc)

Notice and Right to Cure. Tenant agrees to send by registered or ------------------------ certified mail to any ground lessor or mortgagee identified in any notice from Landlord to Tenant a copy of any notice of default sent by Tenant to Landlord. If Landlord fails to cure such default within the required time period under this Leaseset forth in Section 14.1 above, but ground lessor or mortgagee begins to cure within ten (10) business days after such period and proceeds diligently to complete such cure, then ground lessor or mortgagee shall have such additional time as is necessary to complete such cure, including any time necessary to obtain possession if possession is necessary to cure, and Tenant shall not begin to enforce its remedies so long as the cure is being diligently pursued.

Appears in 1 contract

Samples: Lease (Time Warner Telecom Inc)

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Notice and Right to Cure. Tenant agrees to send by registered or ------------------------ certified mail to any ground lessor or mortgagee mortgagee, identified in any notice from Landlord to Tenant Tenant, a copy of any notice of default sent by Tenant to Landlord. If Landlord fails to cure such default within the required time period under this Lease, but ground lessor or mortgagee begins to cure within ten (10) days after such period and proceeds diligently to complete such cure, then ground lessor or mortgagee shall have such additional time as is necessary to complete such cure, including any time necessary to obtain possession if possession is necessary to cure, and Tenant shall not begin to enforce its remedies so long as the cure is being diligently pursued.

Appears in 1 contract

Samples: Tenant Improvement Agreement (Pericom Semiconductor Corp)

Notice and Right to Cure. Tenant agrees to send by registered or ------------------------ certified mail to any ground lessor or mortgagee identified in any a notice from Landlord to Tenant a copy of any notice of default sent by Tenant to Landlord. If Landlord fails to cure such default within the required time period under this Lease, but ground lessor or mortgagee begins to cure within ten (10) 10 days after such period and proceeds diligently to complete such cure, then ground lessor or mortgagee shall have such additional time as is necessary to complete such cure, including any time necessary to obtain possession if possession is necessary to cure, and Tenant shall not begin to enforce its remedies so long as the cure is being diligently pursued.

Appears in 1 contract

Samples: Office Lease (Amplify Snack Brands, INC)

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