Common use of Tenant Covenants and Agreements Clause in Contracts

Tenant Covenants and Agreements. 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 expenses and without any abatement of Rent. If Tenant shall fail to pay any sum of money, other than Rent required to be paid by it hereunder, or shall fail to perform any other act on its part to be performed hereunder, or to provide any insurance or evidence of insurance to be provided by Tenant within the time period required under this Lease, then in addition to any other remedies provided herein, Lessor may, but shall not be obligated to do so, and without waiving or releasing Tenant from any obligations of Tenant, make any such payment or perform any such act on Tenant’s part to be made or performed as provided in this Lease or to provide such insurance. Any payment or performance of any act or the provision of any such insurance by Lessor on Tenant’s behalf shall not give rise to any responsibility of Lessor to continue making the same or similar payments or performing the same or similar acts. All costs, expenses, and other sums incurred or paid by Lessor in connection therewith, together with interest at the Interest Rate from the date incurred or paid by Lessor, shall be deemed to be Additional Rent hereunder and shall be paid by Tenant within thirty

Appears in 1 contract

Samples: Ground Lease

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Tenant Covenants and Agreements. All covenants and agreements to be performed by Tenant under any of the terms of this Lease shall be performed by Tenant using commercially reasonable efforts at Tenant’s sole cost and expenses expense and without any abatement of Rent. If Tenant shall fail to pay any sum of money, other than Rent required to be paid by it hereunder, hereunder or shall fail to perform any other act on its part to be performed hereunder, or to provide any insurance or evidence of insurance to be provided by Tenant within the time period required under this LeaseTenant, then in addition to any other remedies provided herein, Lessor District may, but shall not be obligated to do so, and without waiving or releasing Tenant from any obligations of Tenant, make any such payment or perform any such act on Tenant’s part to be made or performed as provided in this Lease or to provide such insurance. Any payment or performance of any act or the provision of any such insurance by Lessor District on Tenant’s behalf shall not give rise to any responsibility of Lessor District to continue making the same or similar payments or performing the same or similar acts. All costs, expenses, and other sums incurred or paid by Lessor District in connection therewith, together with interest at the Interest Rate maximum rate permitted by law from the date incurred or paid by Lessor, District shall be deemed to be Additional Rent hereunder and shall be paid by Tenant within thirtywith and at the same time as the next monthly installment of Rent hereunder, and any default therein shall constitute a breach of the covenants and conditions of this Lease.

Appears in 1 contract

Samples: Ground Lease

Tenant Covenants and Agreements. 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 expenses and without any abatement of Rent. If Tenant shall fail to pay any sum of money, other than Rent required to be paid by it hereunder, or shall fail to perform any other act on its part to be performed hereunder, or to provide any insurance or evidence of insurance to be provided by Tenant within the time period required under this Lease, then in addition to any other remedies provided herein, Lessor may, but shall not be obligated to do so, and without waiving or releasing Tenant from any obligations of Tenant, make any such payment or perform any such act on Tenant’s part to be made or performed as provided in this Lease or to provide such insurance. Any payment or performance of any act or the provision of any such insurance by Lessor on Tenant’s behalf shall not give rise to any responsibility of Lessor to continue making the same or similar payments or performing the same or similar acts. All costs, expenses, and other sums incurred or paid by Lessor Xxxxxx in connection therewith, together with interest at the Interest Rate from the date incurred or paid by LessorXxxxxx, shall be deemed to be Additional Rent hereunder and shall be paid by Tenant Xxxxxx within thirty

Appears in 1 contract

Samples: Ground Lease

Tenant Covenants and Agreements. 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 expenses and without any abatement of Rent. If Tenant shall fail to pay any sum of money, other than Rent required to be paid by it hereunder, or shall fail to perform any other act on its part to be performed hereunder, or to provide any insurance or evidence of insurance to be provided by Tenant within the time period required under this LeaseXxxxxx, then in addition to any other remedies provided herein, Lessor District may, but shall not be obligated to do so, and without waiving or releasing Tenant from any obligations of Tenant, make any such payment or perform any such act on Tenant’s part to be made or performed as provided in this Lease or to provide such insurance. Any payment or performance of any act or the provision of any such insurance by Lessor District on Tenant’s behalf shall not give rise to any responsibility of Lessor District to continue making the same or similar payments or performing the same or similar acts. All costs, expenses, and other sums incurred or paid by Lessor District in connection therewith, together with interest at the Interest Rate maximum rate permitted by law from the date incurred or paid by LessorDistrict, shall be deemed to be Additional Rent hereunder and shall be paid by Tenant Xxxxxx within thirtythirty (30) days of receipt of xxx demand and invoice from District, and Tenant’s failure to pay the District, as stated herein, shall constitute an Event of Default under this Lease. Formatted: Widow/Orphan control, Keep with next, Keep lines together

Appears in 1 contract

Samples: Ground Lease

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Tenant Covenants and Agreements. 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 expenses and without any abatement of Rent. If Tenant shall fail to pay any sum of money, other than Rent required to be paid by it hereunder, or shall fail to perform any other act on its part to be performed hereunder, or to provide any insurance or evidence of insurance to be provided by Tenant within the time period required under this LeaseTenant, then in addition to any other remedies provided herein, Lessor District may, but shall not be obligated to do so, and without waiving or releasing Tenant from any obligations of Tenant, make any such payment or perform any such act on Tenant’s part to be made or performed as provided in this Lease or to provide such insurance. Any payment or performance of any act or the provision of any such insurance by Lessor District on Tenant’s behalf shall not give rise to any responsibility of Lessor District to continue making the same or similar payments or performing the same or similar acts. All costs, expenses, and other sums incurred or paid by Lessor District in connection therewith, together with interest at the Interest Rate maximum rate permitted by law from the date incurred or paid by LessorDistrict, shall be deemed to be Additional Rent hereunder and shall be paid by Tenant within thirtythirty (30) days of receipt of xxx demand and invoice from District, and Tenant’s failure to pay the District, as stated herein, shall constitute an Event of Default under this Lease. Formatted: Widow/Orphan control, Keep with next, Keep lines together

Appears in 1 contract

Samples: Ground Lease

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