Common use of Rent Default Clause in Contracts

Rent Default. Tenant fails to pay any Rent when due, and such failure continues for five (5) days after written notice thereof to Tenant; provided, however, that Landlord shall have no obligation to provide Tenant any such written notice more than once in any twelve (12) month period (it being understood and agreed that the Tenant’s failure to pay Rent when due during any 12-month period in which one (1) written notice has previously been provided hereunder shall constitute a default hereunder without any written notice thereof from Landlord);

Appears in 2 contracts

Samples: Consent of Landlord to Sublease, Consent of Landlord to Sublease (CreditCards.com, Inc.)

AutoNDA by SimpleDocs

Rent Default. Tenant fails to pay any Rent when due, due and such failure continues for five (5) a period of 3 business days after Landlord delivers written notice thereof to Tenant; providedof such failure, however, provided that Landlord shall have no obligation to provide Tenant any such written notice shall not be required more than once two times in any twelve (12) month period (it being understood Fiscal Year, and agreed that the Tenant’s after such notices have been provided in any Fiscal Year, then any failure to pay Rent when due during any 12-month period in which one (1) written notice has previously been provided hereunder shall constitute be a default hereunder without any written notice thereof from Landlord)if such amount is not paid when due;

Appears in 1 contract

Samples: Office Lease (Shattuck Labs, Inc.)

Rent Default. Tenant fails shall fail to pay installment of any Rent when due, of the rents due hereunder on the date that any thereof is due and such failure continues shall continue for five a period of ten (5l0) days after the giving of notice by Landlord of written notice thereof to Tenantdemand for such payment; provided, however, that Landlord shall have no obligation three (3) or more successive failures to provide Tenant pay any such written notice more than once in any twelve rent within ten (1210) month period (it being understood and agreed that days of the Tenant’s failure to pay Rent when due during any 12-month period in which one (1) written notice has previously been provided hereunder date thereof shall constitute a an event of default hereunder without the necessity of Landlord making any written notice thereof from Landlord)demand;"

Appears in 1 contract

Samples: Sublease Agreement (Foster L B Co)

Rent Default. Tenant fails to pay any Rent when due, and such failure continues for five ten (510) days after written notice thereof to Tenant; provided, however, that Landlord shall have no obligation to provide Tenant any such written notice more than once twice in any twelve (12) month period (it being understood and agreed that the Tenant’s failure to pay Rent when due during any 12-month period in which one two (12) written notice has notices have previously been provided hereunder shall constitute a default hereunder without any written notice thereof from Landlord);

Appears in 1 contract

Samples: Lease Agreement (Pervasive Software Inc)

AutoNDA by SimpleDocs

Rent Default. Tenant fails to pay any Rent when due, due and such failure continues for a period of five (5) business days after Tenant’s receipt of Landlord’s written notice thereof to Tenant; providedof such failure, howeverprovided that written notice shall not be required more than two times in any Fiscal Year, that Landlord shall and after such notices have no obligation to provide Tenant been provided in any Fiscal Year, then any such written notice more than once in any twelve (12) month period (it being understood and agreed that the Tenant’s failure to pay Rent when due during any 12-month period in which one (1) written notice has previously been provided hereunder shall constitute be a default hereunder without any written notice thereof from Landlord)if such amount is not paid when due;

Appears in 1 contract

Samples: Office Lease (Amplify Snack Brands, INC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!