Common use of Right of Landlord to Cure Clause in Contracts

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.

Appears in 8 contracts

Samples: Office Lease (Cellular Biomedicine Group, Inc.), Office Lease (Cellular Biomedicine Group, Inc.), Deed of Lease (Novavax Inc)

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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 within thirty (30) days following Landlord's notice to Tenant of Monthly Base Rentsxxx xxxxent or act by Landlord.

Appears in 1 contract

Samples: Deed of Lease (Eplus Inc)

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 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.

Appears in 1 contract

Samples: Lease Agreement (Sucampo Pharmaceuticals, Inc.)

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Right of Landlord to Cure. If Tenant defaults 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.

Appears in 1 contract

Samples: Lease Agreement (MCG Capital Corp)

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