Performance by Lessor. If Lessee defaults under this Lease, Lessor, without waiving or curing the default, may, but shall not be obligated to, perform Lessee's obligations for the account and at the expense of Lessee. Notwithstanding Section 11.1b, in the case of an emergency, Lessor need not give any notice prior to performing Lessee's obligations. Lessee irrevocably appoints Lessor and Lessor's successor and assigns, with full power of substitution, as Lessee's attorney-in-fact, coupled with an interest, to execute, acknowledge and deliver any instruments in connection with Lessor's performance of Lessee's obligations if Lessee is in default, and to take all other acts in connection therewith.
Appears in 3 contracts
Samples: Office Lease (Vista Energy Resources Inc), Office Lease Agreement (Titan Exploration Inc), Office Lease Agreement (Pure Resources Inc)
Performance by Lessor. If Lessee defaults under this Lease, Lessor, without waiving or curing the default, may, but shall not be obligated to, perform Lessee's ’s obligations for the account and at the expense of Lessee. Notwithstanding Section 11.1b, in the case of an emergency, Lessor need not give any notice prior to performing Lessee's ’s obligations. Lessee irrevocably appoints Lessor and Lessor's ’s successor and assigns, with full power of substitution, as Lessee's ’s attorney-in-fact, coupled with an interest, to execute, acknowledge and deliver any instruments in connection with Lessor's ’s performance of Lessee's ’s obligations if Lessee is in default, and to take all other acts in connection therewith.
Appears in 1 contract