Common use of Performance of Tenant's Covenants Clause in Contracts

Performance of Tenant's Covenants. Landlord may perform any obligation of Tenant which Tenant has failed to perform within two (2) days after Landlord has sent a written notice to Tenant informing it of its specific failure (provided no such notice shall be required if Landlord has previously notified Tenant of such failure under the provisions of Section 9.01). Tenant shall reimburse Landlord on demand, as Other Additional Rent, for any expenditures thus incurred by Landlord and shall pay interest thereon at the New York Prime Rate (as herein defined).

Appears in 6 contracts

Samples: Master Agreement (Corrections Corporation of America), Master Agreement (Cca Prison Realty Trust), Master Agreement (Cca Prison Realty Trust)

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Performance of Tenant's Covenants. Landlord may perform any obligation of Tenant which Tenant has failed to perform within two (2) days after Landlord has sent a written notice to Tenant informing it of its specific failure (provided no such notice shall be required if Landlord has previously notified Tenant of such failure under the provisions of Section 9.01)failure. Tenant shall reimburse Landlord on demand, as Other Additional Rent, for any expenditures thus incurred by Landlord and shall pay interest thereon at the New York Prime overdue Rate (as herein hereinafter defined).

Appears in 5 contracts

Samples: Master Agreement (National Health Investors Inc), Lease (National Healthcare Corp), Master Operating Lease (National Health Realty Inc)

Performance of Tenant's Covenants. Landlord may perform any obligation of Tenant which Tenant has failed to perform within two (2) 5 days after Landlord has sent a written notice to Tenant informing it of its specific failure (provided no such notice shall be required if Landlord has previously notified Tenant of such failure under the provisions of Section 9.01)failure. Tenant shall reimburse Landlord on demand, as Other Additional Rent, for any expenditures thus incurred by Landlord and shall pay interest thereon at the New York Prime Overdue Rate (as herein defineddefined in Section 8.6).

Appears in 4 contracts

Samples: Lease Agreement (Just Like Home Inc), Lease Agreement (Alterra Healthcare Corp), Lease Agreement (Just Like Home Inc)

Performance of Tenant's Covenants. Landlord may perform any obligation of Tenant which Tenant has failed to perform within two (2) five days after Landlord has sent a written notice to Tenant informing it of its specific failure (provided no such notice shall be required if Landlord has previously notified Tenant of such failure under the provisions of Section 9.01)failure. Tenant shall reimburse Landlord on demand, as Other Additional Rent, for any reasonable expenditures thus incurred by Landlord and shall pay interest thereon at Landlord’s rate of return as provided in the New York Prime Rate (as herein defined)Term Sheet.

Appears in 4 contracts

Samples: Master Lease Agreement (LifeCare Holdings, Inc.), Master Lease Agreement (LifeCare Holdings, Inc.), Master Lease Agreement (LifeCare Holdings, Inc.)

Performance of Tenant's Covenants. Landlord may perform any obligation of Tenant which Tenant has failed to perform within two (2) 10 days after Landlord has sent a written notice to Tenant informing it of its specific failure (provided no such notice shall be required if Landlord has previously notified Tenant of such failure under the provisions of Section 9.01)failure. Tenant shall reimburse Landlord on demand, as Other Additional Rent, for any expenditures thus incurred by Landlord and shall pay interest thereon at the New York Prime Overdue Rate (as herein defineddefined in Section 8.6).

Appears in 3 contracts

Samples: Master Lease Agreement (Brookdale Senior Living Inc.), Lease Agreement (Alterra Healthcare Corp), Lease Agreement (Alterra Healthcare Corp)

Performance of Tenant's Covenants. Landlord may perform any obligation of Tenant which Tenant has failed to perform within two (2) five days after Landlord has sent a written notice to Tenant informing it of its specific failure (provided no such notice shall be required if Landlord has previously notified Tenant of such failure under the provisions of Section 9.01)failure. Tenant shall reimburse Landlord on demand, as Other Additional Rent, for any expenditures thus incurred by Landlord and shall pay interest thereon at the New York Prime Rate (as herein defined)rate for Default Rent set forth herein.

Appears in 2 contracts

Samples: Master Lease Agreement (Genesis Healthcare, Inc.), Master Lease Agreement (Genesis Healthcare, Inc.)

Performance of Tenant's Covenants. Landlord may perform any obligation ----------------------------------- of Tenant which Tenant has failed to perform within two five (25) days after Landlord has sent a written notice to Tenant informing it of its specific failure (provided no such notice shall and of the action proposed to be required if Landlord has previously notified Tenant of such failure under the provisions of Section 9.01)taken by Landlord. Tenant shall reimburse Landlord on demand, as Other General Additional Rent, for any expenditures thus reasonably incurred by Landlord and shall pay interest thereon at the New York Prime Rate (as herein defined)in performing Tenant's obligations hereunder.

Appears in 1 contract

Samples: Master Lease Agreement (Emeritus Corp\wa\)

Performance of Tenant's Covenants. Landlord may perform any obligation of Tenant which Tenant has failed to perform within two (2) 10 days after Landlord has sent a written notice to Tenant informing it of its specific failure (provided no such notice shall be required if Landlord has previously notified Tenant of such failure under the provisions of Section 9.01)failure. Tenant shall reimburse Landlord on demand, as Other Additional Rent, for any expenditures thus incurred by Landlord and shall pay interest thereon at Landlord's rate of return as provided in the New York Prime Rate (as herein defined)Commitment.

Appears in 1 contract

Samples: Master Lease Agreement (Emeritus Corp\wa\)

Performance of Tenant's Covenants. Landlord may perform any obligation of Tenant which Tenant has failed to perform within two (2) 10 days after Landlord has sent a written notice to Tenant informing it of its specific failure (provided no such notice shall be required if Landlord has previously notified Tenant of such failure under the provisions of Section 9.01)failure. Tenant shall reimburse Landlord on demand, as Other Additional Rent, for any expenditures thus incurred by Landlord and shall pay interest thereon at the New York Prime Overdue Rate (as herein defineddefined in §8.6).

Appears in 1 contract

Samples: Master Lease Agreement (Alterra Healthcare Corp)

Performance of Tenant's Covenants. Landlord may perform any obligation of Tenant which Tenant has failed to perform within two (2) five days after Landlord has sent a written notice to Tenant informing it of its specific failure (provided no such notice shall be required if Landlord has previously notified Tenant of such failure under the provisions of Section 9.01)failure. Tenant shall reimburse Landlord on demand, as Other Additional Rent, for any expenditures thus incurred by Landlord and shall pay interest thereon at the New York Prime Overdue Rate (as herein defineddefined in Section 8.6).

Appears in 1 contract

Samples: Master Lease Agreement (Balanced Care Corp)

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Performance of Tenant's Covenants. Landlord may perform any obligation of Tenant which Tenant has failed to perform within two (2) days after Landlord has sent a written notice to Tenant informing it of its specific failure (provided no such notice shall be required if Landlord has previously notified Tenant of such failure under the provisions of Section 9.01). Tenant shall reimburse Landlord on demand, as Other Additional Rent, for any expenditures thus incurred by Landlord and shall pay interest thereon at the New York Prime Rate (as herein defined).

Appears in 1 contract

Samples: Master Agreement (Corrections Corp of America/Md)

Performance of Tenant's Covenants. Landlord may perform any obligation of Tenant which Tenant has failed to perform within two (2) 10 days after Landlord has sent a written notice to Tenant informing it of its specific failure (provided no such notice shall be required if Landlord has previously notified Tenant of such failure under the provisions of Section 9.01)failure. Tenant shall reimburse Landlord on demand, as Other Additional Rent, for any expenditures thus incurred by Landlord and shall pay interest thereon at the New York Prime Overdue Rate (as herein defineddefined in ss.8.6).

Appears in 1 contract

Samples: Master Lease Agreement (Brookdale Senior Living Inc.)

Performance of Tenant's Covenants. Landlord may perform any obligation of Tenant which Tenant has failed to perform within two (2) days after Landlord has sent a written notice to Tenant informing it of its specific failure (provided no such notice shall be required if Landlord has previously notified Tenant of such failure under the provisions of Section 9.01)failure. Tenant shall reimburse Landlord on demand, as Other Additional Rent, for any expenditures thus incurred by Landlord and shall pay interest thereon at the New York Prime Overdue Rate (as herein hereinafter defined).

Appears in 1 contract

Samples: Lease Agreement (Unison Healthcare Corp)

Performance of Tenant's Covenants. Landlord may perform any obligation of Tenant which Tenant has failed to perform within two five (25) days after Landlord has sent a written notice to Tenant informing it of its specific failure (provided no such notice shall and of the action proposed to be required if Landlord has previously notified Tenant of such failure under the provisions of Section 9.01)taken by Landlord. Tenant shall reimburse Landlord on demand, as Other General Additional Rent, for any expenditures thus reasonably incurred by Landlord and shall pay interest thereon at the New York Prime Rate (as herein defined)in performing Tenant’s obligations hereunder.

Appears in 1 contract

Samples: Master Lease Agreement (Emeritus Corp\wa\)

Performance of Tenant's Covenants. Landlord may perform any obligation of Tenant which Tenant has failed to perform within two (2) days after Landlord has sent a written notice to Tenant informing it of its specific failure (provided no such notice shall be required if Landlord has previously notified Tenant of such failure under the provisions of Section 9.01). Tenant shall reimburse Landlord on demand, as Other Additional Rent, for any expenditures thus incurred by Landlord and shall pay interest thereon at the New York Prime Rate (as herein defined).

Appears in 1 contract

Samples: Master Agreement (Prison Realty Corp)

Performance of Tenant's Covenants. Landlord may perform any --------------------------------- obligation of Tenant which Tenant has failed to perform within two (2) 5 days after Landlord has sent a written notice to Tenant informing it of its specific failure (provided no such notice shall be required if Landlord has previously notified Tenant of such failure under the provisions of Section 9.01)failure. Tenant shall reimburse Landlord on demand, as Other Additional Rent, for any expenditures thus incurred by Landlord and shall pay interest thereon at the New York Prime Overdue Rate (as herein defineddefined in (S)8.6).

Appears in 1 contract

Samples: Lease Agreement (Just Like Home Inc)

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