Common use of RIGHT TO CURE TENANT’S DEFAULT Clause in Contracts

RIGHT TO CURE TENANT’S DEFAULT. In the event Tenant is in Default under any provision of this Lease, other than for the payment of Rent, and Tenant has not cured same within ten (10) days after receipt of Landlord’s written notice, Landlord may cure such Default on behalf of Tenant, at Tenant’s expense. Landlord may also perform any obligation of Tenant, without notice to Tenant, should Landlord deem the performance of same to be an emergency. Any monies expended by Landlord to cure any such Default(s), or resolve any deemed emergency shall be payable by Tenant as Additional Rent. If Landlord incurs any expense, including reasonable attorney’s fees, in prosecuting and/or defending any action or proceeding by reason of any emergency or Default, Tenant shall reimburse Landlord for same, as Additional Rent, with interest thereon at twelve percent (12%) annually from the date such payment is due Landlord.

Appears in 3 contracts

Samples: Agreement of Lease (R&r Acquisition Vi, Inc), Agreement of Lease (HealthWarehouse.com, Inc.), Agreement of Lease (Shutterfly Inc)

AutoNDA by SimpleDocs

RIGHT TO CURE TENANT’S DEFAULT. In the event Tenant is in Default under any provision of this Lease, other than for the payment of Rent, and Tenant has not cured same within ten thirty (1030) days after receipt of Landlord’s written notice, Landlord may cure such Default on behalf of Tenant, at Tenant’s expense. Landlord may also perform any obligation of Tenant, without notice to Tenant, should Landlord deem the performance of same to be an emergency. Any monies expended by Landlord to cure any such Default(s), or resolve any deemed emergency shall be payable by Tenant as Additional Rent. If Landlord incurs any expense, including reasonable attorney’s fees, in prosecuting and/or defending any action or proceeding by reason of any emergency or Default, Tenant shall reimburse Landlord for same, as Additional Rent, with interest thereon at twelve percent (12thirteen percent(13%) annually from the date such payment is due Landlord.

Appears in 2 contracts

Samples: Office/Laboratory Lease (Tetralogic Pharmaceuticals Corp), Office/Laboratory Lease (Tetralogic Pharmaceuticals Corp)

RIGHT TO CURE TENANT’S DEFAULT. In the event Tenant is in Default under any provision of this Lease, other than for the payment of Rent, and Tenant Xxxxxx has not cured same within ten (10) 15 days after receipt of Landlord’s written notice, Landlord may cure such Default on behalf of Tenant, at TenantXxxxxx’s expense. Landlord may also perform any obligation of Tenant, without notice to Tenant, should Landlord deem the performance of same to be an emergency. Any monies expended by Landlord to cure any such Default(s), or resolve any deemed emergency shall be payable by Tenant as Additional Rent. If Landlord incurs any expense, including reasonable attorney’s fees, in prosecuting and/or defending any action or proceeding by reason of any emergency or Default, Tenant shall reimburse Landlord for same, as Additional Rent, with interest thereon at twelve percent (12%) annually from the date such payment is due Landlord.

Appears in 1 contract

Samples: Industrial Lease (Sow Good Inc.)

RIGHT TO CURE TENANT’S DEFAULT. In the event Tenant is in Default default under any provision of this Lease, other than for the payment of Rent, and Tenant has such Default is not cured same by Tenant within ten (10) business days after receipt of Landlord’s written notice, Landlord may cure such Default on behalf of Tenant, at Tenant’s expense. Landlord may also perform any obligation of Tenant, without notice to Tenant, should Landlord deem the such performance of same to be an emergency. Any monies expended by Landlord to cure any such Default(s), or resolve any deemed emergency shall be payable by Tenant as Additional Rent. If Landlord incurs any expense, including reasonable attorney’s attorneys’ fees, in prosecuting and/or defending any action or proceeding by reason of any emergency or Defaultdefault, Tenant shall reimburse Landlord for same, as Additional Rent, with interest thereon at twelve eighteen percent (1218%) annually from the date such payment is due Landlord.

Appears in 1 contract

Samples: Warehouse Lease Agreement (Sand Hills, Inc)

RIGHT TO CURE TENANT’S DEFAULT. In the event Tenant is in Default under any provision of this Lease, other than for the payment of Rent, and Tenant has not cured same within ten (10) days after receipt of Landlord’s 's written notice, Landlord may cure such Default on behalf of Tenant, at Tenant’s 's expense. Landlord may also perform any obligation of Tenant, without notice to Tenant, should Landlord deem the performance of same to be an emergency. Any monies expended by Landlord to cure any such Default(s), or resolve any deemed emergency shall be payable by Tenant as Additional Rent. If Landlord incurs any expense, including reasonable attorney’s 's fees, in prosecuting and/or defending any action or proceeding by reason of any emergency or Default, Tenant shall reimburse Landlord for same, as Additional Rent, with interest thereon at twelve thirteen percent (1213%) annually from the date such payment is due Landlord.

Appears in 1 contract

Samples: Aradigm Corp

AutoNDA by SimpleDocs

RIGHT TO CURE TENANT’S DEFAULT. In the event Tenant is in Default under any provision of this Lease, other than for the payment of Rent, and Tenant has not cured same within ten (10) days after receipt of Landlord’s written notice, Landlord may cure such Default on behalf of Tenant, at Tenant’s expense. Landlord may also perform any obligation of Tenant, without notice to Tenant, should Landlord deem the performance of same to be an emergency. Any monies expended by Landlord to cure any such Default(s), or resolve any deemed emergency shall be payable by Tenant as Additional Rent. If Landlord incurs any expense, including reasonable attorney’s fees, in prosecuting and/or defending any action or proceeding by reason of any emergency or Default, Tenant shall reimburse Landlord for same, as Additional Rent, with interest thereon at twelve percent (12%) annually from the date such payment is due Landlord. - 15 - 17.

Appears in 1 contract

Samples: Agreement of Lease

RIGHT TO CURE TENANT’S DEFAULT. In the event Tenant is in an Event of Default under any provision of this LeaseLease has occurred, other than for the payment of Rent, and Tenant has such Event of Default is not cured same by Tenant within ten (10) days after receipt of Landlord’s written noticethe cure period provided in Section 14 hereof, Landlord may cure such Default on behalf of Tenant, at Tenant’s 's expense. Landlord may also perform any obligation of Tenant, without notice to Tenant, should Landlord deem the such performance of same to be an emergency. Any monies expended by Landlord to cure any such Default(s), or resolve any deemed emergency shall be payable by Tenant as Additional Rent. If Landlord incurs any expense, including reasonable attorney’s 's fees, in prosecuting and/or defending any action or proceeding by reason of any emergency or Default, Tenant shall reimburse Landlord for same, as Additional Rent, with interest thereon at twelve percent thirteen (1213%) percent annually from the date such payment is due Landlord, provided that Landlord is the prevailing party in said action or proceeding.

Appears in 1 contract

Samples: Warehouse Lease Agreement (Express Scripts Inc)

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