Common use of Right of Landlord to Perform Covenants Clause in Contracts

Right of Landlord to Perform Covenants. All covenants and agreements to be performed by Tenant under any of the terms of this Lease shall be performed by Tenant, at Tenant’s sole cost and expense, and without an abatement of Rent. If Tenant shall fail to perform any act on its part to be performed hereunder, and such failure shall continue for twenty (20) days after written notice thereof from Landlord (or, in the event such act cannot reasonably be performed in 20 days, such longer period as such act can be reasonably performed), Landlord may (but shall not be obligated to do so) perform such act without waiving or releasing Tenant from any of its obligation relative thereto. All sums paid or costs incurred by Landlord in so Performing such acts under this Article 18.02, together with interests thereon at the legal judgment rate allowable by law from the date each such payment was made or each such cost incurred by Landlord, shall be payable by Tenant to Landlord on demand.

Appears in 4 contracts

Samples: Lease Agreement (Sidus Space Inc.), Lease Agreement (Sidus Space Inc.), Lease Agreement (Sidus Space Inc.)

AutoNDA by SimpleDocs

Right of Landlord to Perform Covenants. All covenants and agreements to be performed by Tenant under any of the terms of this Lease shall be performed by Tenant, at Tenant’s sole cost and expense, and Tenant without an any abatement of Rent. If Tenant shall fail In addition to the right to perform otherwise provided for in this Lease, if Xxxxxx fails to perform any act on its part to be performed hereunder, and such failure shall continue continues for twenty ten (2010) days after written notice thereof from Landlord (or, in the event case of an emergency, with such act cannot reasonably be performed shorter period of notice or without notice as is reasonable in 20 days, such longer period as such act can be reasonably performedthe circumstances), Landlord may (but shall not be obligated so to do sodo) perform such act without waiving or releasing Tenant from any of its obligation obligations relative thereto. All sums paid or costs incurred by Landlord in so Performing performing such acts under this Article 18.02Section 19.02, together with interests interest thereon at the legal judgment rate allowable by law set out in Section 19.01 from the date each such payment was made or each such cost was incurred by LandlordLandlord and an administration fee of fifteen percent (15%) of all such costs, shall be payable by Tenant to Landlord on demand.

Appears in 1 contract

Samples: en.downsviewpark.ca

Right of Landlord to Perform Covenants. All covenants and agreements to be performed by Tenant under any of the terms of this Lease shall be performed by Tenant, at Tenant’s 's sole cost and expense, and without an any abatement of Rent, counterclaim, deduction or set-off. If Tenant shall fail to perform any act on its part to be performed hereunder, and such failure shall continue for twenty (20) 10 days after written notice thereof from Landlord (or, in the event such act cannot reasonably be performed in 20 days, such longer period as such act can be reasonably performed)Landlord, Landlord may (but shall not be obligated so to do sodo) perform such act act, without waiving or releasing Tenant from any of its obligation obligations relative thereto. All sums paid or costs incurred by Landlord in so Performing performing such acts under this Article 18.0219.02, together with interests interest thereon at the legal judgment rate allowable by law set out in Article 19.01 from the date each such payment was made or each such cost incurred by Landlord, shall be payable by Tenant to Landlord on demand.

Appears in 1 contract

Samples: Safety Insurance Group Inc

AutoNDA by SimpleDocs

Right of Landlord to Perform Covenants. All covenants and agreements to be performed by Tenant under any of the terms of this Lease shall be performed by Tenant, at Tenant’s 's sole cost and expense, and without an any abatement of Rent, counterclaim, deduction or set-off. If Tenant shall fail to perform any act on its part to be performed hereunder, and such failure shall continue for twenty ten (2010) days after written notice thereof from Landlord (or, in the event such act cannot reasonably be performed in 20 days, such longer period as such act can be reasonably performed)Landlord, Landlord may (but shall not be obligated so to do sodo) perform such act without waiving or releasing Tenant from any of its obligation obligations relative thereto. All sums paid or costs incurred by Landlord in so Performing performing such acts under this Article 18.0219.02, together with interests interest thereon at the legal judgment rate allowable by law set out in Article 19.01 from the date each such payment was made or each such cost incurred by Landlord, shall be payable by Tenant to Landlord on demand.

Appears in 1 contract

Samples: Amr Research Inc

Time is Money Join Law Insider Premium to draft better contracts faster.