Right of Landlord to Cure. If Tenant defaults in the making of any payment or in the doing of any act required to be made or done by Tenant under this Lease, then Landlord may, at its option, make such payment or do such act, and the expenses thereof, with interest thereon at the Default Rate, from the date paid by Landlord, shall constitute Additional Rent hereunder due and payable by Tenant with the next payment of Monthly Base Rent.
Right of Landlord to Cure. If Tenant defaults in the making of any payment or in the doing of any act required to be made or done by Tenant under this Lease, then, after prior notice to Tenant and a reasonable opportunity (which shall be ten (10) days’ or such shorter period of time as Landlord reasonably deems necessary in order to avoid damage to the Building or any threat of physical danger to any of its users) for Tenant to cure same, if no notice thereof has previously been provided to Tenant, Landlord may, at its option, make such payment or do such act, and the expenses thereof, with interest thereon at the Default Rate, from the date paid by Landlord, shall constitute Additional Rent hereunder due and payable by Tenant with the next payment of Monthly Base Rent.
Right of Landlord to Cure. All covenants and agreements to be kept or performed by Tenant under this Lease shall be performed by Tenant at Tenant’s sole cost and expense and without any reduction of Rent. If Tenant shall fail to perform any of its obligations under this Lease, within a reasonable time after such performance is required by the terms of this Lease, and such failure continues beyond any and all notice, cure and/or grace periods contained in this Lease, Landlord may, but shall not be obligated to, after five (5) business days’ prior notice to Tenant (except in an emergency in which event no such notice shall be required), if Tenant does not commence to perform the applicable obligation, make any such payment or perform any such act on Tenant’s part without waiving its right based upon any default of Tenant and without releasing Tenant from any obligations hereunder. Except as may be specifically provided to the contrary in this Lease, Tenant shall pay to Landlord, within ten (10) business days after delivery by Landlord to Tenant of detailed statements therefor: sums equal to the actual out-of-pocket expenditures reasonably made by Landlord in connection with the remedying by Landlord of Tenant’s defaults pursuant to the provisions of this Section 17.7. Tenant’s obligations under this Section 17.7 shall survive the expiration of the Term or sooner termination of the Lease.
Right of Landlord to Cure. If Tenant contends that Landlord shall have failed to perform any act required of it hereunder, to satisfy any of its obligations hereunder or to observe any provision of this Lease, Tenant shall, before exercising any right or remedy available to it, give Landlord written notice of the claimed breach, default or noncompliance. If, prior to its giving such notice, Tenant has been notified in writing of the address of a lender which has furnished any of the financing referred to in Article 31., concurrently with giving the aforesaid notice to Landlord, Tenant shall, by registered or certified mail, transmit a copy thereof to such lender. For the 45 days following the giving of the notice(s) required by the foregoing portion of this section (or such longer period of time as may be reasonably required to cure a matter which, due to its nature, cannot reasonably be rectified within 45 days), Landlord shall have the right to cure the breach, default or noncompliance involved. If Landlord has failed to cure a default within said period, any such lender shall have an additional 15 days within which to cure the same or, if such default cannot be cured within that period, such additional time as may be necessary if within such 15-day period said lender has commenced and is diligently pursuing the actions or remedies necessary to cure the breach, default or noncompliance involved (including commencement and prosecution of proceedings to foreclose or otherwise exercise its rights under its mortgage or other security instrument, if necessary to effect such cure), in which event this Lease shall not be terminated by Tenant so long as such actions or remedies are being diligently pursued by said lender.
Right of Landlord to Cure. If Tenant defaults in the doing of any act required to be made or done by Tenant under this Lease, other than with respect to the payment of amounts, then Landlord may, at its option, following ten (10) days prior notice to Tenant, which notice is delivered after the expiration of all applicable cure periods with respect to the subject matter, or such shorter period of time in the event of an emergency as Landlord may reasonably determine, in Landlord’s reasonable discretion, as appropriate under the circumstances, do such act, and the expenses thereof, shall constitute Additional Rent hereunder due and payable by Tenant, within thirty (30) days after Landlord’s delivery to Tenant of Landlord’s request together with paid invoices for the subject amounts for which Landlord seeks reimbursement. In the event Tenant fails to timely pay such amounts within the above-referenced thirty (30) day period, then interest shall accrue thereon at the Default Rate beginning on the first day following the expiration of the above-referenced thirty (30) day period until fully paid by Tenant to Landlord.
Right of Landlord to Cure. If Tenant defaults in the making of any payment or in the doing of any act required to be made or done by Tenant under this Lease, then Landlord may, at its option, within the time designated by Landlord, which shall be not less than five (5) business days following written notice by Landlord to Tenant or such shorter period of time as Landlord, in its sole discretion, determines is appropriate under the circumstances, make such payment or do such act, and the expenses thereof, with interest thereon at the Default Rate, from the date paid by Landlord, shall constitute Additional Rent hereunder due and payable by Tenant with the next payment of Monthly Base Rent.
