Common use of Right of Landlord to Cure Defaults Clause in Contracts

Right of Landlord to Cure Defaults. If Tenant defaults under this Lease, Landlord may cure the default, at Tenant's expense, immediately and without notice in case of emergency threatening harm to persons or property, or in any other case only upon Tenant's failure to remedy such default within 20 days after Landlord notifies Tenant in writing of such default. Tenant shall reimburse Landlord for any costs of the cure with interest pursuant to Section 15.7. Landlord shall have the same rights and remedies as for the non-payment of sums due under this Section 15 as in the case of default by Tenant in the payment of rent or additional rent.

Appears in 2 contracts

Samples: Office Lease (Seattle Genetics Inc /Wa), Seattle Genetics Inc /Wa

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Right of Landlord to Cure Defaults. If Tenant defaults under this Lease, Landlord may cure the default, at Tenant's ’s expense, immediately and without notice in case of emergency threatening harm to persons or propertyemergency, or in any other case only upon Tenant's ’s failure to remedy such default within 20 15 days after Landlord notifies Tenant in writing of such default. Tenant shall reimburse Landlord for any costs of the cure with interest pursuant to Section 15.7. Landlord shall have the same rights and remedies as for the non-payment of sums due under this Section 15 as in the case of default by Tenant in the payment of rent or additional rent.

Appears in 1 contract

Samples: Office Lease (PortalPlayer, Inc.)

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Right of Landlord to Cure Defaults. If Tenant defaults under this Lease, Landlord may cure the default, at Tenant's ’s expense, immediately and without notice in case if Landlord believes the default creates a risk of emergency threatening harm damage to persons or propertyinterests of others, or in any other case only upon Tenant's ’s failure to remedy such default within 20 days after Landlord notifies Tenant in writing of such defaultthe applicable cure period, if any. Tenant shall reimburse Landlord for any costs of the cure with interest pursuant to Section 15.7at the Default Rate. Landlord shall have the same rights and remedies as for the non-payment of sums due under this Section 15 14 as in the case of default by Tenant in the payment of rent or additional rentRent.

Appears in 1 contract

Samples: Office Lease (Activecare, Inc.)

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