Common use of Tenant’s Liability After Default Clause in Contracts

Tenant’s Liability After Default. If Tenant shall default in the performance of any of its obligations under this Lease, Landlord, without thereby waiving such default, may (but shall not be obligated to) perform the same for the account and at the expense of Tenant, only if such default continues after the expiration of the curing period applicable, if any, under Section 13.1(g) of this Lease. Any reasonable expenses incurred by Landlord in connection with any such performance, and all costs, expenses, and disbursements of every kind and nature whatsoever, including reasonable attorneys’ fees including appellate, bankruptcy and post-judgment proceedings involved in collecting or endeavoring to collect the rent or any additional rent or any part thereof or enforcing or endeavoring to enforce any rights against Tenant or Tenant’s obligations hereunder, shall be due and payable upon Landlord’s submission of an invoice therefor. All sums advanced by Landlord on account of Tenant under this section, or pursuant to any other provision of this Lease, and all rent, if delinquent or not paid by Tenant and received by Landlord when due hereunder, shall bear interest at the maximum rate permitted by law, from the due date thereof until paid and the same shall be and constitute additional rent and be due and payable upon Landlord’s demand therefor.

Appears in 2 contracts

Samples: Restructuring Agreement, Restructuring Agreement (Health Management Associates Inc)

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Tenant’s Liability After Default. If Tenant an Event of Default shall default in the performance of any of its obligations occur under this Lease, Landlord, without thereby waiving such default, may (but shall not be obligated to) perform the same for the account and at the expense of Tenant, without notice in a case of emergency, and in any other case only if such default continues after the expiration of the curing period applicable, if any, under Section 13.1(g) 13.1.8 of this Lease. Any reasonable expenses incurred by Landlord in connection with any such performance, and all costs, expenses, and disbursements of every kind and nature whatsoever, including reasonable attorneys’ fees including appellate, bankruptcy and post-judgment proceedings involved in collecting or endeavoring to collect the rent or any additional rent or any part thereof or enforcing or endeavoring to enforce any rights against Tenant or Tenant’s obligations hereunder, shall be due and payable upon Landlord’s submission of an invoice therefor. All sums advanced by Landlord on account of Tenant under this section, or pursuant to any other provision of this Lease, and all rent, if delinquent or not paid by Tenant and received by Landlord when due hereunder, shall bear interest at the maximum rate permitted by lawDefault Rate, from the due date thereof until paid and the same shall be and constitute additional rent and be due and payable upon Landlord’s demand therefor.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Physicians Realty Trust)

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Tenant’s Liability After Default. If Tenant shall default in the performance of any of its obligations under this Lease, the Landlord, without thereby waiving such default, may (but shall not be obligated to) perform the same for the account and at the expense of Tenant, only without notice in a case of emergency, and in any other case if such default continues after the expiration of five (5) days from the curing period applicable, if any, under Section 13.1(g) date Landlord gives Tenant notice of this Leasethe default. Any reasonable expenses incurred by Landlord in ln connection with any such performance, and all costs, expenses, and disbursements of every kind and nature whatsoever, including reasonable attorneys' fees including appellate, bankruptcy and post-judgment proceedings involved in collecting or endeavoring to collect the rent or any additional rent Base Rent of Additional Rent or any part thereof or enforcing or endeavoring to enforce any rights against Tenant or Tenant’s 's obligations hereunder, shall be due and payable upon Landlord’s 's submission of an invoice therefortherefore. All sums advanced by Landlord on account of Tenant under this sectionArticle, or pursuant to any other provision of this Lease, and all rentBase Rent and Additional Rent, if delinquent or not paid by Tenant and not received by Landlord when due hereunder, shall bear interest at the maximum rate permitted by lawLaw, from the due date thereof until paid and the same shall be and constitute additional rent Additional Rent and be due and payable upon Landlord’s demand therefor's submission of an invoice therefore.

Appears in 1 contract

Samples: Lease Agreement (Registry Magic Inc)

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