Common use of Performance by Lessee on Behalf of Lessor Clause in Contracts

Performance by Lessee on Behalf of Lessor. In the event that neither Lessor nor Lender cures said breach within thirty (30) days after receipt of said notice, or if having commenced said cure they do not diligently pursue it to completion, then Lessee may elect to cure said breach at Lessee's expense and offset from Rent an amount equal to such expense, so long as the amount of such expense is commercially reasonable. Lessee shall document the cost of said cure and supply said documentation to Lessor.

Appears in 1 contract

Samples: Standard Industrial/Commercial Single Tenant Lease (Introbiotics Phamaceuticals Inc)

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Performance by Lessee on Behalf of Lessor. In Except as otherwise provided in this Lease, in the event that neither Lessor nor Lender cures said breach within thirty (30) 30 days after receipt of said notice, or if having commenced said cure they do not diligently pursue it to completion, then Lessee may elect to cure said breach at Lessee's ’s expense and offset from Rent an amount equal the actual and reasonable cost to perform such expensecure, so long as the amount of such expense is commercially reasonablereserving Lessee’s right to seek reimbursement from Lessor. Lessee shall document the cost of said cure and supply said documentation to Lessor.

Appears in 1 contract

Samples: Lease Agreement (Transdigm Holding Co)

Performance by Lessee on Behalf of Lessor. In the event that neither Lessor nor Lender cures said breach within thirty (30) days after receipt of said notice, or if having commenced said cure they do not diligently pursue it to completion, then Lessee may elect to cure said breach at Lessee's ’s expense and offset from Rent an amount equal to the reasonable expenses incurred by Lessee in curing such expense, so long as the amount of such expense is commercially reasonablebreach. Lessee shall document the cost of said cure and supply said documentation to Lessor.

Appears in 1 contract

Samples: Lease Agreement (Oplink Communications Inc)

Performance by Lessee on Behalf of Lessor. In the event that neither Lessor nor Lender cures said breach within thirty (30) 30 days after receipt of said notice, or if having commenced said cure they do not diligently pursue it to completion, then Lessee may elect to cure said breach at Lessee's ’s expense and offset from Rent an amount equal Rent(s) the actual and reasonable cost to perform such expense, so long as the amount of such expense is commercially reasonable. Lessee shall document the cost of said cure and supply said documentation to Lessorcure.

Appears in 1 contract

Samples: Lease Agreement (RxSight, Inc.)

Performance by Lessee on Behalf of Lessor. In the event that neither Lessor nor Lender cures said breach within thirty (30) days after receipt of said notice, or if having commenced said cure cure, they do not diligently pursue it to completion, then Lessee may elect to cure said breach at Lessee's expense and offset from Rent rent an amount equal to such expense, so long as the amount cost of such expense is commercially reasonablethe cure. Lessee shall document the cost of said cure and supply said documentation to Lessor.

Appears in 1 contract

Samples: Lease Agreement (Spectranetics Corp)

Performance by Lessee on Behalf of Lessor. In the event that neither Lessor nor Lender cures said breach within thirty (30) 30 days after receipt of said notice, or if having commenced said cure they do not diligently pursue it to completion, then Lessee may elect to cure said breach at Lessee's expense and offset from Rent an amount equal to such expensethe greater of one month's Base Rent or the Security Deposit, so long as the amount and to pay an excess of such expense is commercially reasonableunder protest, reserving Lessee's right to reimbursement from Lessor. Lessee shall document the cost of said cure and supply said documentation to Lessorlessor.

Appears in 1 contract

Samples: Standard Industrial/Commercial Multi Tenant Lease Gross (Xoma LTD /De/)

Performance by Lessee on Behalf of Lessor. In the event that neither Lessor nor Lender cures said breach within thirty ten (3010) days after receipt of said written notice, or if having commenced said cure they do not diligently pursue it to completion, then Lessee may elect to cure said breach at Lessee's expense and offset from Rent an amount equal to such expense, so long as the amount of such expense is commercially reasonableRent. Lessee shall document the cost of said cure and supply said documentation to Lessor.

Appears in 1 contract

Samples: Standard Industrial/Commercial Single Tenant Lease (Digital Entertainment Network Inc)

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Performance by Lessee on Behalf of Lessor. In the event that neither Lessor nor Lender cures said breach within thirty (30) 30 days after receipt of said notice, or if having commenced said cure they do not diligently pursue it to completion, then Lessee may elect to cure said breach at Lessee's ’s expense and offset from Rent an amount equal to such expensethe greater of one month’s Base Rent or the Security Deposit, so long as the amount and to pay an excess of such expense is commercially reasonableunder protest, reserving Lessee’s right to reimbursement from Lessor. Lessee shall document the cost of said cure and supply said documentation to Lessor.. d

Appears in 1 contract

Samples: Lease Agreement (Wilshire Bancorp Inc)

Performance by Lessee on Behalf of Lessor. In the event that neither Lessor nor not Lender cures said breach within thirty (30) days after receipt of said notice, or if having commenced said cure they do not diligently pursue it to completion, then Lessee may elect to cure said breach at Lessee's expense ’s expertise and offset from Rent an amount equal to such expense, so long as the amount of such expense is commercially reasonableany costs incurred by Lessee. Lessee shall document the cost of said cure and supply said documentation to Lessor.

Appears in 1 contract

Samples: Standard Industrial/Commercial Single Tenant Lease Net (Cerus Corp)

Performance by Lessee on Behalf of Lessor. In the event that neither Lessor nor Lender cures said breach within thirty (30) 30 days after receipt of said noticenotice or a shorter time in the case of an urgent or imminent possibility of harm, danger of damage (as provided in (a) above, or if having commenced said cure they do not diligently pursue it to completion, then Lessee may elect to cure said breach at Lessee's ’s expense and offset from Rent an amount equal the actual and reasonable cost to perform such expense, so long as the amount of such expense is commercially reasonable. Lessee shall document the cost of said cure and supply said documentation to Lessorcure.

Appears in 1 contract

Samples: Standard Industrial/Commercial Single Tenant Lease (Lumenis LTD)

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