Common use of Tenant’s Lease Default Clause in Contracts

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in the Lease, if an event of default by Tenant of this Tenant Work Letter or the Lease (as modified by the Second Amendment) has occurred at any time on or before the Substantial Completion of the Expansion Space, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Expansion Space (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Expansion Space caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven until such time as such default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Expansion Space caused by such inaction by Landlord).

Appears in 2 contracts

Samples: Lease (Rocket Companies, Inc.), Lease (Rocket Companies, Inc.)

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Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in the this Lease, as hereby amended, if an event of default by Tenant of as described in the Lease, as hereby amended, or this Tenant Work Letter or the Lease (as modified by the Second Amendment) has occurred at any time on or before the Substantial Completion of the Expansion SpacePremises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the this Lease, as hereby amended, Landlord shall have the right to withhold payment of all or any portion of the the. Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Expansion Space Premises (in which case, Tenant shall be responsible for any delay in the Substantial Completion substantial completion of the Expansion Space Premises caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven until such time as such default is cured pursuant to the terms of the Lease this Lease, as hereby amended (in which case, Tenant shall be responsible for any delay in the Substantial Completion substantial completion of the Expansion Space Premises caused by such inaction by Landlord).

Appears in 2 contracts

Samples: Assignment of Sublease (Jaguar Animal Health, Inc.), Assignment of Sublease (Jaguar Animal Health, Inc.)

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in the this Lease, if an event of default by Tenant of as described in the Lease or this Tenant Work Letter or the Lease (as modified by the Second Amendment) has occurred at any time on or before the Substantial Completion of the Expansion SpacePremises, which default is not cured after Tenant’s receipt of written notice and the expiration of any applicable cure period, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the this Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Expansion Space Premises (in which case, Tenant shall be responsible for any delay in the Substantial Completion substantial completion of the Expansion Space Premises caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven until such time as such default is cured pursuant to the terms of the this Lease (in which case, Tenant shall be responsible for any delay in the Substantial Completion substantial completion of the Expansion Space Premises caused by such inaction by Landlord).

Appears in 2 contracts

Samples: Office Lease (Yelp Inc), Office Lease (Yelp Inc)

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in the this Lease, if an event of default as described in Section 12.1 of the Lease, or a default by Tenant of under this Tenant Work Letter or the Lease (as modified by the Second Amendment) Letter, has occurred at any time on or before the Substantial Completion completion of the Expansion SpaceTenant Improvements in the Premises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Expansion Space Premises (in which case, case Tenant shall be responsible for any delay in the Substantial Completion completion of the Expansion Space Premises caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven until such time as such default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Expansion Space caused by such inaction by Landlord)Lease.

Appears in 1 contract

Samples: Office Lease (Capstone Turbine Corp)

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in the this Lease, if an event of default as described in the Lease, or a default by Tenant under this Agreement, continues beyond the expiration of this Tenant Work Letter or the Lease (as modified by the Second Amendment) has occurred any applicable notice and grace period at any time on or before the Substantial Completion of the Expansion SpacePremises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, . Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Expansion Space Premises (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Expansion Space Premises caused by such work stoppagestoppage as set forth in SECTION 5.2 of this Agreement), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter Agreement shall be forgiven until such time as such default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Expansion Space caused by such inaction by Landlord)Lease.

Appears in 1 contract

Samples: Lease Agreement (American Vantage Companies)

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in the Lease, if an event Event of Default by Tenant under the Lease or a default by Tenant of under this Tenant Work Letter or the Lease (as modified by the Second Amendment) has occurred at any time on or before the Substantial Completion substantial completion of the Expansion Space, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, at law and/or in equity, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease suspend the construction of the Expansion Space (in which case, Tenant shall be responsible for any delay in the Substantial Completion substantial completion of the Expansion Space caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven until such time as such default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the Substantial Completion substantial completion of the Expansion Space caused by such inaction by Landlord).. In addition, if the Lease is terminated

Appears in 1 contract

Samples: Lease Agreement (Adicet Bio, Inc.)

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in the LeaseLease (as amended), if an event of default by Tenant of as described in the Lease or this Tenant Work Letter or the Lease (as modified by the Second Amendment) has occurred at any time on or before the Substantial Completion of the Expansion Space, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the LeaseLease (as amended), Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Expansion Space (in which case, Tenant shall be responsible for any delay in the Substantial Completion substantial completion of the Expansion Space caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven until such time as such default is cured pursuant to the terms of the Lease Lease, as amended (in which case, Tenant shall be responsible for any delay in the Substantial Completion substantial completion of the Expansion Space caused by such inaction by Landlord).

Appears in 1 contract

Samples: Lease

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in the Lease, if an event Event of default Default by Tenant of under the Lease or this Tenant Work Letter or the Lease (as modified by the Second Amendment) has occurred at any time on or before the Substantial Completion of the Expansion SpaceSpace and remains after the expiration of applicable notice and cure periods, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, at law and/or in equity, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease suspend the construction of the Expansion Space (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Expansion Space caused by such work stoppagestoppage as set forth in Section 5.2 of this Tenant Work Letter), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven until such time as such default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Expansion Space caused by such inaction by Landlord).

Appears in 1 contract

Samples: Lease (Raptor Pharmaceutical Corp)

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in the Lease, if an event of default as described in Section 18.1 of this Lease, or a default by Tenant of under this Tenant Work Letter or the Lease (as modified by the Second Amendment) Construction Rider, has occurred at any time on or before the Substantial Completion of the Expansion SpaceTenant Improvements in the Premises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Expansion Space Tenant Improvements (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Expansion Space Tenant Improvements caused by such work stoppagestoppage as set forth in Section 5.3 of this Construction Rider), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter Construction Rider shall be forgiven until such time as such default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Expansion Space caused by such inaction by Landlord)Lease.

Appears in 1 contract

Samples: Office Space Lease (Mellanox Technologies, Ltd.)

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Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in the Lease, if an event of default by Tenant of this Tenant Work Letter or the Lease (as modified by the Second Amendment) has occurred at any time on or before the Substantial Completion of the Expansion SpaceSpace and remains uncured after the expiration of applicable notice and cure periods, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, at law and/or in equity, Landlord shall have the right to withhold payment of all or any portion of cause the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease suspend the construction of the Expansion Space (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Expansion Space caused by such work stoppagestoppage as a Tenant Delay as set forth in Section 4.2 above), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven until such time as such default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Expansion Space caused by such inaction by Landlord).for

Appears in 1 contract

Samples: Lease (Heron Therapeutics, Inc. /De/)

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in the this Lease, if an event of an economic default as described in the Lease, or an economic default by Tenant of under this Tenant Work Letter or the Lease (as modified by the Second Amendment) Letter, has occurred at any time on or before the Substantial Completion of the Expansion SpacePremises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement T.I. Allowance and/or Landlord may cause the General Contractor to cease the construction of the Expansion Space Tenant Improvements (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Expansion Space Premises caused by such work stoppagestoppage and such stoppage shall not be a Landlord Delay), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven until such time as such default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Expansion Space caused by such inaction by Landlord)Lease.

Appears in 1 contract

Samples: Lease Agreement (Dot Hill Systems Corp)

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in the this Lease, if an event Event of default by Default as described in the Lease has occurred or if Tenant has failed to make timely payment of any amounts then due under this Tenant Work Letter or the Lease (as modified by the Second Amendment) has occurred at any time on or before the Substantial Completion completion of the Expansion SpaceSeismic Work, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Seismic Allowance and/or Landlord may cause Contractor to cease the construction of the Expansion Space Seismic Work (in which case, Tenant shall be responsible for any delay in the Substantial Completion of any portion of the Expansion Space Premises caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven until excused until, as applicable, such time as such default is cured pursuant to the terms Event of Default under the Lease (in which case, has been cured or Tenant shall be responsible for has fully paid any delay in the Substantial Completion of the Expansion Space caused by such inaction by Landlord)amounts then due under this Work Letter.

Appears in 1 contract

Samples: Office Lease (PACIFIC GAS & ELECTRIC Co)

Tenant’s Lease Default. Notwithstanding any provision to the contrary ---------------------- contained in the Lease, if an event of default by Tenant as described in Section 17.1 of the Lease or this Tenant Work Letter or the Lease (as modified by the Second Amendment) has occurred at any time on or before the Substantial Completion of the Expansion Space, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Expansion Space (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Expansion Space caused by such work stoppagestoppage as set forth in Section 5.2 of this Tenant Work Letter), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven until such time as such default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Expansion Space caused by such inaction by Landlord)this Lease.

Appears in 1 contract

Samples: Lease (Plumtree Software Inc)

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in the Lease, if an event Event of default Default by Tenant of under the Lease or this Tenant Work Letter or the Lease (as modified by the Second Amendment) has occurred at any time on or before the Substantial Completion of the Expansion SpaceTemporary Space and remains after the expiration of applicable notice and cure periods, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, at law and/or in equity, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease suspend the construction of the Expansion Temporary Space (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Expansion Temporary Space caused by such work stoppagestoppage as set forth in Section 4.2 of this Tenant Work Letter), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven until such time as such default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Expansion Temporary Space caused by such inaction by Landlord).

Appears in 1 contract

Samples: Office Lease (Raptor Pharmaceutical Corp)

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