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 after expiration of any applicable cure period within five days after Landlord has sent a written notice to Tenant informing it of its specific failure. Tenant shall reimburse Landlord on demand, as Additional Rent, for any expenditures thus incurred by Landlord and shall pay interest thereon at Landlord’s rate of return as provided in the Commitment.

Appears in 2 contracts

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

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Performance of Tenant's Covenants. Landlord may perform any obligation of Tenant which Tenant has failed to perform after expiration of any applicable cure period within five (5) days after Landlord has sent a Tenant’s receipt of written notice to Tenant from Landlord informing it Tenant of its specific failure. Tenant shall reimburse Landlord on demand, as Additional Rent, for any expenditures thus incurred by Landlord and shall pay interest thereon at Landlord’s rate of return as provided in the CommitmentInterest Rate.

Appears in 1 contract

Samples: Ground Lease (Behringer Harvard Opportunity REIT II, Inc.)

Performance of Tenant's Covenants. Landlord may perform any obligation of Tenant which Tenant has failed to perform after expiration of any applicable cure period within five days after Landlord has sent a written notice to Tenant informing it of its specific failure. Tenant shall reimburse Landlord on demand, as Additional RentCharges, for any expenditures thus incurred by Landlord and shall pay interest thereon at Landlord’s rate of return as provided in the Commitment.

Appears in 1 contract

Samples: Master Lease Agreement (Capital Senior Living Corp)

Performance of Tenant's Covenants. Landlord may perform any obligation of Tenant which Tenant has failed to perform after expiration of any applicable cure period within five days after Landlord has sent a written notice to Tenant informing it of its specific failure. Tenant shall reimburse Landlord on demand, as General Additional Rent, for any expenditures thus incurred by Landlord and shall pay interest thereon at Landlord’s rate of return as provided in the Commitment.

Appears in 1 contract

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

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Performance of Tenant's Covenants. Landlord may perform any obligation of Tenant which Tenant has failed to perform after expiration of any applicable cure period within five days after Landlord has sent a written notice to Tenant informing it of its specific failurefailure (or such longer cure period as may be provided under §8.1 above). Tenant shall reimburse Landlord on demand, as Additional Rent, for any expenditures thus incurred by Landlord and shall pay interest thereon at Landlord’s rate of return the Overdue Rate (as provided defined in the Commitment§8.6).

Appears in 1 contract

Samples: Master Lease Agreement (Tandem Health Care, Inc.)

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