Tenants Default and Landlords Remedies. This Lease is made on condition that if Tenant should neglect or fail to pay the rent due hereunder within ten (10) days after receipt by Tenant of notice from Municipality of such nonpayment, or if the Tenant shall neglect or fail to perform or observe any of the other terms, provisions, conditions or covenants herein contained and on the Tenant’s part to be performed or observed for a period of thirty (30) days after receipt by the Tenant of notice of such neglect or failure; provided that Tenant shall have such extended period as may be required beyond thirty (30) days if the nature of the cure is such that it reasonably requires more than thirty (30) days and Tenant commences the cure within the initial thirty (30) day period and thereafter continuously and diligently pursues the cure to completion,, or if any assignment shall be made of the Tenant’s property for the benefit of creditors, or if a receiver, trustee in bankruptcy or similar officer shall be appointed to take charge of all or any part of the Tenant’s property by a Court of competent jurisdiction, or if a petition is filed by the Tenant under any bankruptcy laws for relief or composition of its debts, or if the Tenant is declared bankrupt then, and in any of said cases, the Municipality lawfully may immediately or at any time thereafter and without demand or notice enter upon the Premises or any part thereof in the name of the whole and repossess the same, including all equipment and trade fixtures therein and/or annexed thereto, as of the Municipality’s former estate and expel the Tenant and those claiming through or under the Tenant and remove its effects, forcibly if necessary, without being deemed guilty of any manner of trespass and without prejudice to any remedies which might otherwise be used for arrears of rent or proceeding breach of covenants, and upon such entry, may terminate this Lease; and the Tenant covenants in case of such termination to pay and be liable for, on the days originally fixed for the payment thereof, amounts equal to the several installments of rent and other charges reserved as would under the terms of this Lease become due for the remainder of the then current term if this Lease had not been terminated or if Municipality had not entered or reentered as aforesaid, and the Tenant covenants to pay and be liable for all losses and damages suffered by reason of such termination, including, but not limited to, the reasonable documented costs of legal counsel reta...
Tenants Default and Landlords Remedies. In the event Tenant fails to keep and perform any of the terms or conditions of this Lease, including the Rules and Regulations and the Parking Rules and Regulations (but excluding the payment of rental), and such failure continues for thirty (30) days after written notice of default from Landlord or in the event Tenant fails to pay any rental due hereunder, time being of the essence, Landlord may resort to any and all legal remedies or combination of remedies which Landlord may desire to assert including but not limited to one or more of the following: (1) lock the doors to the Premises and exclude Tenant therefrom, (2) retain or take possession of any property on the Premises pursuant to Landlord's lien, (3) enter the Premises and remove all persons and property therefrom, (4) declare the Lease canceled and terminated, (5) sue xxx the rent due and to become due under the Lease, and for any damages sustained by Landlord and (6) continue the Lease in effect and relet the Premises on such terms and conditions as Landlord may deem advisable with Tenant remaining liable for the monthly rent plus the reasonable cost of obtaining possession of the Premises and of reletting the Premises, and of any repairs and alterations necessary to prepare the Premises for reletting, less the rentals received from such reletting, if any. No action of Landlord shall be construed as an election to terminate the Lease unless written notice of such intention be given to Tenant. Tenant agrees to pay as additional rental all attorneys' fees and other costs and expenses incurred by Landlord is enforcing any of Tenant's obligations under this Lease.
Tenants Default and Landlords Remedies. 6 ARTICLE 30.
Tenants Default and Landlords Remedies. Section 29.1 is revised on the fourth line to delete the words "ten ------------ (10) days" and to replace them with the words "thirty (30) days..."
51.2 Section 29.1 is also revised on the fourth line to add after the word ------------ "Tenant" the words ", unless such failure cannot be cured within such thirty (30) day period, in which case Tenant shall fail to commence such cure within thirty (30) days and thereafter diligently prosecute such cure to completion;..."
51.3 Section 29.1 is further revised on the seventh, ninth and eleventh ------------ lines to delete the words "ten (10} days" and to replace them with the words "thirty (30) days..."
51.4 Section 29.1(g) is deleted and replaced with the following words: --------------- "or (g) if Tenant abandons the Premises (abandonment shall be presumed if the Premises are not occupied by any employees of Tenant or open for business for thirty (30) consecutive days."
51.5 Section 29.4 is revised on the second line to delete the words "ten ------------ (10) days" and to replace them with the words "twenty (20) days..."
Tenants Default and Landlords Remedies. 29.1 Tenant will be in default under the Lease if any of the following occurs, and same shall be deemed an “Event of Default”:
(a) If Tenant fails to pay the Minimum Monthly Rent or make any other payment required by the Lease within three (3) Business Days after Tenant’s receipt (or deemed receipt pursuant to Article 33 hereof) of written notice or demand for payment from Landlord, provided that if any such notice is given two (2) times in any calendar year, any subsequent failure to pay on or before the first Business Day of the month or any other payment on or before the date it is due shall be an Event of Default, without notice. “Business Day” shall mean Monday through Friday of each week, exclusive of holidays.
Tenants Default and Landlords Remedies. Any of the following shall constitute an “Event of Default” by Tenant:
Tenants Default and Landlords Remedies. 29.1 Tenant will be in default under the Lease if any of the following occurs, and same shall be deemed an “Event of Default”:
(a) If Tenant fails to pay the Minimum Monthly Rent or make any other payment required by the Lease within three (3) working days after Landlord sends Tenant a written notice or demand for payment.
(b) If on two or more occasions in any twelve month period Landlord does not receive either Tenant’s regular monthly payment of Minimum Monthly Rent and other regularly recurring charges on or before the first Business Day of the month or any other payment on or before the date it is due. “Business Day” shall mean Monday through Friday of each week, exclusive of holidays.
Tenants Default and Landlords Remedies. 60
16.1 Events of Default 60 16.2 Landlord's Remedies 61 16.3 Damages 62 16.4 No Waiver; Injunction 63 16.5 Remedies Cumulative 63
Tenants Default and Landlords Remedies. (a) The occurrence of the following shall constitute an event of default under this Lease: If Tenant fails to pay any monetary obligation due hereunder within ten
Tenants Default and Landlords Remedies
