Common use of Remedies Upon Landlord’s Default Clause in Contracts

Remedies Upon Landlord’s Default. In the event that Landlord shall at any time be in default in the observance or performance of any of the covenants and agreements required to be performed and observed by Landlord hereunder and any such default shall continue for a period of thirty (30) days after written notice to Landlord “(or if such default is incapable of being cured in a reasonable manner within thirty (30) days, if Landlord has not commenced to cure the same within said thirty (30) day period and thereafter diligently prosecutes the same to completion, but in no event” exceeding ninety (90) days) and Landlord shall not thereafter cure such default, Tenant shall be entitled, at its election, to exercise concurrently or successively anyone or more of the following rights, in addition to all remedies otherwise provided in this Lease and otherwise available at law or in equity under the laws of the United States or the state in which the Premises are located

Remedies Upon Landlord’s Default. In the event that Landlord shall at any time be in default in the observance or performance of any of the covenants and agreements required to be performed and observed by Landlord hereunder and any such default shall continue for a period of thirty (30) days after written notice to Landlord “(or if such default is incapable of being cured in a reasonable manner within thirty (30) days, if Landlord has not commenced to cure the same within said thirty (30) day period and thereafter diligently prosecutes the same to completion, but in no event” event exceeding ninety (90) days) and Landlord shall not thereafter cure such default, Tenant shall be entitled, at its election, to exercise concurrently or successively anyone or more of the following rights, in addition to all remedies otherwise provided in this Lease and otherwise available at law or in equity under the laws of the United States or the state in which the Premises are located