RIGHT OF PERFORMANCE Clause Samples

RIGHT OF PERFORMANCE. 11.1. If a Party shall fail to perform any of its covenants or obligations under this Agreement, either of the other Parties may, from time to time and in its discretion, perform or procure performance of any such obligations following fourteen (14) business days from having given notice to both other parties, of the alleged breach or default, and for such purposes, may enter upon the Shared Facilities and carry out such work upon the Shared Facilities that it may consider requisite or necessary, and shall be reimbursed for its costs on the basis set forth in Article 9.0. Provided that, if a Party reasonably determines that the delay necessary to provide the aforementioned notice may cause additional damage or create a situation of danger, such Party may enter without notice, provided that such Party gives notice to the other Parties of such entry as soon as reasonable under the circumstances.
RIGHT OF PERFORMANCE. If Tenant shall at any time fail to pay any Imposition or other charge in accordance with Article 4 hereof, within the time period therein permitted, or shall fail to pay for or maintain any of the insurance policies provided for in Article 9 hereof, within the time therein permitted, or to make any other payment or perform any other act on its part to be made or performed hereunder, within the time permitted by this Ground Lease, then Landlord, after thirty (30) days’ written notice to Tenant (or, in case of an emergency, on such notice, or without notice, as may be reasonable under the circumstances) and without waiving or releasing Tenant from any obligation of Tenant hereunder, may (but shall not be required to): (a) pay such Imposition or other charge payable by Tenant pursuant to the provisions of Article 4 hereof, or (b) pay for and maintain such insurance policies provided for in Article 9 hereof, or (c) make such other payment or perform such other act on Tenant’s part to be made or performed as in this Ground Lease provided.
RIGHT OF PERFORMANCE