Common use of Tenant’s Lease Default Clause in Contracts

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in this Lease, if an event of default as described in Section 19.1 of this Lease or a default by Tenant under this Tenant Work Letter has occurred at any time on or before the substantial completion of the Premises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to this Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement A]lowance and/or Landlord may cause Contractor to cease the construction of the Premises (in which case, Tenant shall be responsible for any delay in the substantial completion of the 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 this Lease (in which case, Tenant shall be responsible for any delay in the substantial completion of the Premises caused by such inaction by Landlord). 0000000.xx/XX EXHIBIT B 373398-00076/i i.13.17/arb/jli 6 Recursion Pharmaceuticals, inc. 1. The Delivery Date occurred on 2. The Lease Term shall commence on or has commenced on [June 1, 2018] for a term of ten (10) years ending on [May 31, 2027J.

Appears in 4 contracts

Samples: Office Lease (Recursion Pharmaceuticals, Inc.), Office Lease (Recursion Pharmaceuticals, Inc.), Office Lease (Recursion Pharmaceuticals, Inc.)

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Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in this Lease, if an event of default as described in Section 19.1 of this Lease the Lease, or a default by Tenant under this Tenant Work Letter Letter, has occurred at any time on or before the substantial completion Substantial Completion of the PremisesTenant Improvements, then (i) in addition to all other rights and remedies granted to Landlord pursuant to this the Lease, Landlord shall have the right to withhold payment of all or any portion of cause the Tenant Improvement A]lowance and/or Landlord may cause Contractor to cease the construction of the Premises Tenant Improvements (in which case, Tenant shall be responsible for any delay in the substantial completion Substantial Completion of the Premises Tenant Improvements 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 this Lease (in which case, Tenant shall be responsible for any delay in the substantial completion of the Premises caused by such inaction by Landlord)Lease. 0000000.xx/XX EXHIBIT B 373398-00076/i i.13.17/arb/jli 6 Recursion Pharmaceuticals-3- HCP XXXXXX XXXXX, inc. 1. The Delivery Date occurred on 2. The Lease Term shall commence on or has commenced on LLC [June 1, 201811099 NORTH XXXXXX XXXXX ROAD] for a term of ten (10) years ending on [May 31, 2027J.Synthorx Inc.]

Appears in 3 contracts

Samples: Lease Agreement, Lease (Synthorx, Inc.), Lease (Synthorx, Inc.)

Tenant’s Lease Default. Notwithstanding any provision terms to the contrary contained in this Lease, if an event of Tenant is in default as described in Section 19.1 of this Lease or a default by Tenant under (including, without limitation, this Tenant Work Letter has occurred Letter) at any time on or before the substantial completion of the PremisesTenant Improvements, then (i) in addition to all other rights and remedies granted to Landlord pursuant to this the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement A]lowance Allowance and/or Landlord may cause Contractor to cease the construction of the Premises Tenant Improvements (in which case, Tenant shall be responsible for any delay in the substantial completion of the Premises Tenant Improvements caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven suspended until such time as such default is cured pursuant to the terms of this the Lease (in which case, Tenant shall be responsible for any delay in the substantial completion of the Premises Tenant Improvements caused by such inaction by Landlord). 0000000.xx/XX EXHIBIT B 373398-00076/i i.13.17/arb/jli 6 Recursion PharmaceuticalsNotwithstanding the forgoing, incif a default by Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately. 1. The Delivery Date occurred on 2. The Lease Term shall commence on or has commenced on [June 1, 2018] for a term of ten (10) years ending on [May 31, 2027J.

Appears in 3 contracts

Samples: Lease Agreement (Cloudflare, Inc.), Lease Agreement (Cloudflare, Inc.), Office Lease Agreement (Workday, Inc.)

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in this Lease, if an event of default as described in Section 19.1 of this Lease the Lease, or a default by Tenant under this Tenant Work Letter Letter, has occurred at any time on or before the substantial completion Substantial Completion of the Premises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to this the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement A]lowance Allowance and/or Landlord may cease or delay preparation of the Systems Plans and/or cause Contractor to cease the construction of the Premises (in which caseany such case(s), Tenant shall be responsible for any delay in the substantial completion Substantial Completion of the Premises caused by such work stoppageany Landlord election under this Section 6.7(i) pursuant to the terms of Section 5 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 this Lease (in which case, Tenant shall be responsible for any delay in the substantial completion of the Premises caused by such inaction by Landlord)Lease. 0000000.xx/XX EXHIBIT B 373398-7- [Tenant Name] [Landlord Build-00076/i i.13.17/arb/jli 6 Recursion PharmaceuticalsAllowance] A. May 23, inc2012 Tenant to deliver Final Space Plan to Landlord. 1. The Delivery Date occurred on 2. The Lease Term shall commence on or has commenced on [June 1, 2018] for a term of ten (10) years ending on [May 31, 2027J.

Appears in 2 contracts

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

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in this Lease, if an event Tenant is in monetary or material non-monetary default of default as described in Section 19.1 any of this Tenant’s covenants, representations or warranties under the Lease or a default by Tenant under this Tenant Work Letter has occurred beyond applicable notice and cure periods at any time on or before the substantial completion of the Premises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to this Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement A]lowance Allowance and/or Landlord may cause Contractor to cease cessation of the construction of the Premises (in which case, Tenant shall be responsible for any delay in the substantial completion of the 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 this Lease (in which case, Tenant shall be responsible for any delay in the substantial completion of the Premises caused by such inaction by Landlord). 0000000.xx/XX EXHIBIT B 3733984885-00076/i i.13.179329-8068.6/391320.00007/5-29-24/arb/jli 6 Recursion Pharmaceuticalsbwt EXHIBIT D -11- Premises to be provided in broom-swept, inc.as-is condition, which consists of the following: 1. The Delivery Date occurred Floor Design Loads • 80 psf live load with an additional 20 psf partition load on 2. The Lease Term shall commence on or has commenced on [June 1, 2018] for a term of ten (10) years ending on [May 31, 2027J.each premises floor.

Appears in 1 contract

Samples: Office Lease (e.l.f. Beauty, Inc.)

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Tenant’s Lease Default. Notwithstanding any provision to the ------------------------ contrary contained in this Lease, if an event of default as described in Section 19.1 SECTION ------- 12.1 of this Lease or a default by Tenant under in this Tenant Work Letter has occurred (after expiration ---- of applicable cure periods) at any time on or before the substantial completion of the PremisesTenant Improvements, then (i) in addition to all other rights and remedies granted to Landlord pursuant to this Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement A]lowance and/or Landlord may cause Contractor to cease the construction of the Premises Tenant Improvements (in which case, Tenant shall be responsible for any delay in the substantial completion of the Premises Tenant Improvements caused by such work stoppagestoppage and such delay shall not be deemed a Lease Commencement Date 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 this Lease (in which case, Tenant shall be responsible for any delay in the substantial completion of the Premises caused by such inaction by LandlordLandlord and such delay shall not be deemed a Lease Commencement Date Delay). 0000000.xx/XX EXHIBIT B 373398-00076/i i.13.17/arb/jli 6 Recursion Pharmaceuticals, inc. 1. The Delivery Date occurred on 2. The Lease Term shall commence on or has commenced on [June 1, 2018] for a term of ten (10) years ending on [May 31, 2027J.

Appears in 1 contract

Samples: Office Lease (21st Century Insurance Group)

Tenant’s Lease Default. Notwithstanding any provision terms to the contrary contained in this the Lease, if an event Tenant is in default of default as described in Section 19.1 of this the Lease or a default by Tenant under (including, without limitation, this Tenant Work Letter has occurred Letter) at any time on or before the substantial completion of the PremisesTenant Improvements, then (i) in addition to all other rights and remedies granted to Landlord pursuant to this the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement A]lowance Allowance and/or Landlord may cause Contractor to cease the construction of the Premises Tenant Improvements (in which case, Tenant shall be responsible for any delay in the substantial completion of the Premises Tenant Improvements caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven suspended until such time as such default is cured pursuant to the terms of this the Lease (in which case, Tenant shall be responsible for any delay in the substantial completion of the Premises Tenant Improvements caused by such inaction by Landlord). 0000000.xx/XX EXHIBIT B 373398-00076/i i.13.17/arb/jli 6 Recursion PharmaceuticalsNotwithstanding the forgoing, incif a default by Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately. 1. The Delivery Date occurred on 2. The Lease Term shall commence on or has commenced on [June 1, 2018] for a term of ten (10) years ending on [May 31, 2027J.

Appears in 1 contract

Samples: Lease Agreement (Callidus Software Inc)

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