Common use of Notice of Default; Tenant’s Right to Cure Clause in Contracts

Notice of Default; Tenant’s Right to Cure. 14.2.1 If Tenant has committed or permitted to exist a breach of any provision of this Lease or has committed or permitted any other breach described above in Section 14.1, Landlord shall give notice of said breach (“Notice of Default”) to Tenant. 14.2.2 Tenant shall be in default hereunder from Landlord if Rent for the prior calendar year is not paid by the twentieth (20th) day of July of each year of the Term or Extended Term, if applicable(or if the twentieth day falls on a Saturday or Sunday, the first Monday following the twentieth (20th) day of July). 14.2.3 If the alleged Default is nonpayment of Rent, Additional Rent, Impositions or other sums to be paid by Tenant as provided in this Lease, Tenant shall have thirty (30) days after the Notice of Default is given to cure the Default. For any other Default, Tenant shall, after the Notice of Default, promptly and diligently commence curing the Default and shall have thirty (30) days after the Notice of Default to complete the cure of said Default; provided, however, that if the nature of said Default is such that the same cannot reasonably be cured within said thirty (30) day period, Tenant shall have such additional time as is reasonably necessary to cure such Default, but in any event no more than one hundred and twenty (120) days of receipt of the Notice of Default. 14.2.4 As used in this Lease, the term “Uncured Default” shall mean any Default by Tenant which continues uncured, following the giving of a Notice of Default as required by this Lease, for the entire cure period applicable to that Default under the provisions of this Lease.

Notice of Default; Tenant’s Right to Cure. 14.2.1 If Tenant has committed or permitted to exist a breach of any provision of this Lease or has committed or permitted any other breach described above in Section 14.1, Landlord shall give notice of said breach (“Notice of Default”) to Tenant. 14.2.2 Tenant shall be in default hereunder from Landlord if Rent for the prior calendar year is not paid by the twentieth (20th) day of July of each year of the Term or Extended Term, if applicable(or applicable (or if the twentieth day falls on a Saturday or Sunday, the first Monday following the twentieth (20th) day of July). 14.2.3 If the alleged Default is nonpayment of Rent, Additional Rent, Impositions or other sums to be paid by Tenant as provided in this Lease, Tenant shall have thirty (30) days after the Notice of Default is given to cure the Default. For any other Default, Tenant shall, after the Notice of Default, promptly and diligently commence curing the Default and shall have thirty (30) days after the Notice of Default to complete the cure of said Default; provided, however, that if the nature of said Default is such that the same cannot reasonably be cured within said thirty (30) day period, Tenant shall have such additional time as is reasonably necessary to cure such Default, but in any event no more than one hundred and twenty (120) days of receipt of the Notice of Default. 14.2.4 As used in this Lease, the term “Uncured Default” shall mean any Default by Tenant which continues uncured, following the giving of a Notice of Default as required by this Lease, for the entire cure period applicable to that Default under the provisions of this Lease.

Notice of Default; Tenant’s Right to Cure. 14.2.1 (a) If Tenant has committed or permitted to exist a breach of any provision of this Lease (other than nonpayment of Rent) or has committed or permitted any other breach described above in Section 14.1, Landlord shall give notice of said breach (“"Notice of Default”") to Tenant. 14.2.2 (b) Tenant shall be in default hereunder without notice from Landlord if Rent for the prior calendar year is not paid by the twentieth tenth (20th10th) day of July of each year of the Term calendar month (or Extended Term, if applicable(or if the twentieth tenth day falls on a Saturday or Sunday, the first Monday following of the twentieth (20th) calendar month); except that if the Rent Commencement Date is on a day other than the first day of July)a calendar month, then Tenant shall be in default hereunder if the Rent is not paid within ten (10) days after the Rent Commencement Date. 14.2.3 (c) If the alleged Default is nonpayment of Rent, Additional Rent, Impositions or other sums to be paid by Tenant as provided in this Lease, Tenant shall have thirty twenty (3020) days after the Notice of Default is given to cure the Default. For any other Default, Tenant shall, after the Notice of Default, promptly and diligently commence curing the Default and shall have thirty sixty (3060) days after the Notice of Default to complete the cure of said Default; provided, however, that if the nature of said Default is such that the same cannot reasonably be cured within said thirty sixty (3060) day period, Tenant shall have such additional time as is reasonably necessary to cure such Default, but provided that at all times prior to the expiration of said sixty (60) day period and for the period thereafter that the Default remains uncured, Tenant is exercising reasonable diligence in any event no more than one hundred and twenty (120) days of receipt of the Notice of its efforts to cure such Default. 14.2.4 (d) As used in this Lease, the term “"Uncured Default” " shall mean any Default by Tenant which continues uncured, following the giving of a Notice of Default as required by this Lease, for the entire cure period applicable to that Default under the provisions of this Lease.

Notice of Default; Tenant’s Right to Cure. 14.2.1 If Tenant has committed or permitted to exist a breach of any provision of this Lease (other than nonpayment of Rent) or has committed or permitted any other breach described above in Section 14.1, Landlord shall give notice of said breach (“"Notice of Default”") to Tenant. 14.2.2 Tenant shall be in default hereunder without notice from Landlord if Rent for the prior calendar year is not paid by the twentieth (20th) day of July May of each calendar year of the Term (or Extended Term, if applicable(or if the twentieth day falls on a Saturday or Sunday, the first Monday following the twentieth (20th) day of July)May) or, with respect to Rent attributable to the reduction or elimination of the Transitional Operating Reserve, within thirty (30) days after such reduction or elimination. 14.2.3 If the alleged Default is nonpayment of Rent, Additional Rent, Impositions or other sums to be paid by Tenant as provided in this Lease, Tenant shall have thirty (30) days after the Notice of Default is given to cure the Default. For any other DefaultDefault other than a default under Section 14.1.1, Tenant shall, after the Notice of Default, promptly and diligently commence curing the Default and shall have thirty ninety (3090) days after the Notice of Default to complete the cure of said Default; provided, however, that if the nature of said Default is such that the same cannot reasonably be cured within said thirty ninety (3090) day period, Tenant shall have such additional time as is reasonably necessary to cure such Default, provided that at all times prior to the expiration of said ninety (90) day period and for the period thereafter that the Default remains uncured, Tenant is exercising reasonable diligence in its efforts to cure such Default, but in any no event no more greater than one hundred and twenty (120) days of receipt of after the Notice of Default. 14.2.4 If the alleged Default is an event of nonperformance under Section 14.1.1, failure to timely commence and complete construction of the Improvements, Landlord shall provide Tenant with written notice specifying in detail (i) that an event of nonperformance has occurred, (ii) the nature of such event of nonperformance, (iii) the actions required to be taken by Tenant to remedy or cure the event of nonperformance, (iv) the date on which the event of nonperformance will become an Event of Default if not sooner cured or remedied, and (v) that failure to cure or remedy the event of nonperformance prior to such date may result in termination of this Lease, or at Landlord’s election, injunctive or other monetary relief for Landlord. In the event Tenant has not remedied or cured such event of nonperformance within sixty (60) days after Tenant’s receipt of such written notice (or, if it is not practicable to remedy or cure such event of nonperformance within such period, in the event Tenant has not commenced to remedy or cure such event of nonperformance within such period), the same shall constitute an Event of Default. In no event shall an Event of Default exist with respect to any event of nonperformance for which it is not practicable to remedy or cure within the period set forth in the immediately preceding sentence, provided Tenant has commenced the remedy or cure of such event of nonperformance prior to the lapse of such period and diligently prosecutes such remedy or cure to completion, but in no event later than one hundred and twenty (120) days after Tenant’s receipt of written notice. 14.2.5 As used in this Lease, the term “"Uncured Default” " shall mean any Default by Tenant which continues uncured, following the giving of a Notice of Default as required by this Lease, for the entire cure period applicable to that Default under the provisions of this Lease.