Common use of Other Lessor Covenant Defaults Clause in Contracts

Other Lessor Covenant Defaults. Lessor fails to observe or perform any other covenant of Lessor under this Lease in any material respect (other than those specified in other subsections of this Section 23.3) which failure continues for fifteen (15) days after Lessor’s receipt of written notice of such breach from Lessee (or if the cure of such failure reasonably requires more than fifteen (15) days to complete, if Lessor fails to commence the cure within such fifteen (15) day period and thereafter diligently pursue such cure to completion); or

Appears in 4 contracts

Samples: Lease Agreement (Arc Logistics Partners LP), Lease Agreement (CorEnergy Infrastructure Trust, Inc.), Membership Interests Purchase Agreement (CorEnergy Infrastructure Trust, Inc.)

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Other Lessor Covenant Defaults. Lessor fails to observe or perform any other covenant of Lessor under this Lease in any material respect (other than those specified in other subsections of this Section 23.3) 23.3 which failure continues for fifteen sixty (1560) days after Lessor’s receipt of written notice of such breach from Lessee (or if the cure of such failure reasonably requires more than fifteen sixty (1560) days to complete, if Lessor fails to commence the cure within such fifteen sixty (1560) day period and thereafter diligently pursue such cure to completion); or

Appears in 2 contracts

Samples: Lease Agreement (CorEnergy Infrastructure Trust, Inc.), Purchase and Sale Agreement (CorEnergy Infrastructure Trust, Inc.)

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