Tenant Default. If Tenant shall default in the payment of Rent herein -------------- reserved when due and fails to cure such default within five (5) business days after written notice of such default is given to Tenant by Landlord; or if Tenant shall be in default in performing any of the terms or provisions of this Lease other than the provisions requiring the payment of Rent, and fails to cure such default within thirty (30) days after written notice of such default is given to Tenant by Landlord or, if such default cannot be cured within thirty (30) days, Tenant shall not be in default if Tenant promptly commences and diligently proceeds the cure to completion as soon as possible and in all events within sixty (60) days; or if Tenant is adjudicated a bankrupt; or if a permanent receiver is appointed for Tenant's Property and such receiver is not removed within ninety (90) days after written notice from Landlord to Tenant to obtain such removal; or if, whether voluntarily or involuntarily, Tenant takes advantage of any debtor relief proceedings under any present or future law, whereby the Rent or any part thereof, is, or is proposed to be, reduced or payment thereof deferred; or if Tenant's effects should be levied upon or attached and such levy or attachment is not satisfied or dissolved within thirty (30) days after written notice from Landlord to Tenant to obtain satisfaction thereof; then, and in any of said events, Landlord, at its option, may exercise any or all of the remedies set forth in Section 26(b) below.
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Samples: Lease Agreement (Global Payments Inc), Lease Agreement (Global Payments Inc), Lease Agreement (Global Payments Inc)
Tenant Default. If Tenant shall default in the payment of Rent herein -------------- reserved when due and fails to cure such default within five (5) business days after written notice of such default is given to Tenant by Landlord; or if Tenant shall be in default in performing any of the terms or provisions of this Lease other than the provisions requiring the payment of Rent, and fails to cure such default within thirty (30) days after written notice of such default is given to Tenant by Landlord or, if such default cannot be cured within thirty (30) days, Tenant shall not be in default if Tenant promptly commences and diligently proceeds the cure to completion as soon as possible and in all events within sixty (60) days; or if Tenant is adjudicated a bankrupt; or if a permanent receiver is appointed for Tenant's ’s Property and such receiver is not removed within ninety (90) days after written notice from Landlord to Tenant to obtain such removal; or if, whether voluntarily or involuntarily, Tenant takes advantage of any debtor relief proceedings under any present or future law, whereby the Rent or any part thereof, is, or is proposed to be, reduced or payment thereof deferred; or if Tenant's ’s effects should be levied upon or attached and such levy or attachment is not satisfied or dissolved within thirty (30) days after written notice from Landlord to Tenant to obtain satisfaction thereof; then, and in any of said events, Landlord, at its option, may exercise any or all of the remedies set forth in Section 26(b) below.
Appears in 1 contract
Samples: Lease Agreement (Ndchealth Corp)
Tenant Default. If A. The occurrence of any of the following events shall be deemed to be an event of default on Tenant's part under this Lease (a "Default"):
(i) Tenant shall default in the payment of Rent herein -------------- reserved fails to pay when due any Rent or other amount due to Landlord under this Lease, and such failure continues for two (2) or more business days after written notice thereof to Tenant; or
(ii) Tenant fails to cure carry or renew any insurance required to be maintained by Tenant under this Lease or fails to remedy or correct any hazardous condition, and such default failure is not corrected within five two (52) business days after written notice of thereof to Tenant, provided that if it reasonably takes longer than 2 business days to remedy or correct such default is given to Tenant by Landlord; or if hazardous condition, then Tenant shall be in have the amount of time that it reasonably takes to cure such default, on condition that Tenant has commenced curing the default in performing within 2 business days after the default notice was given and is continuing diligent efforts to cure the default; or
(iii) Tenant fails to comply with any of the terms other term, provision or provisions covenant of this Lease other than the provisions requiring the payment of Rent(meaning one not described in clauses (i) or (ii) above), and fails to cure such default within failure continues for thirty (30) days or more after written notice of thereof to Tenant, provided that if it reasonably takes longer than 30 days to cure such default is given to Tenant by Landlord ordefault, if such default cannot be cured within thirty (30) days, then Tenant shall not be in have the amount of time that it reasonably takes to cure such default, on condition that Tenant has commenced curing the default if within 30 days after the default notice was given and is continuing diligent efforts to cure the default; or
(iv) Tenant promptly commences and diligently proceeds fails to vacate the cure to completion as soon as possible and in all events within sixty (60) days; Premises immediately upon termination of this Lease, by lapse of time or if Tenant is adjudicated a bankrupt; otherwise, or if a permanent receiver is appointed for upon termination of Tenant's Property and such receiver is not removed within ninety (90) days after written notice from Landlord right to Tenant to obtain such removalpossession only; or if, whether voluntarily or involuntarily, Tenant takes advantage of any debtor relief proceedings under any present or future law, whereby the Rent or any part thereof, is, or is proposed to be, reduced or payment thereof deferred; or if Tenant's effects should be levied upon or attached and such levy or attachment is not satisfied or dissolved within thirty (30) days after written notice from Landlord to Tenant to obtain satisfaction thereof; then, and in any of said events, Landlord, at its option, may exercise any or all of the remedies set forth in Section 26(b) below.or
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Samples: Office Lease (Express Scripts Inc)