Tenant’s Performance Rights: Clause Samples

Tenant’s Performance Rights:. If Landlord fails to perform any of its obligations under this Lease, including but not limited to Landlord’s repair and maintenance obligations, within the applicable cure period,and such failure to perform (a) poses an immediate threat to persons or property in the interior of the Property or otherwise has a material, adverse impact on the operations or property of Tenant in the interior of the Property, and (b) continues for a period of more than fifteen (15) days after Landlord’s receipt a Final Notice (as defined below), then Tenant shall have the right (but not the obligation) to perform such Landlord obligations sufficiently to eliminate such immediate threat or other material, adverse impact and to b▇▇▇ Landlord for the reasonable, out-of-pocket cost thereof, which Landlord shall pay to Tenant within fifteen (15) days of receipt of Tenant’s b▇▇▇ and supporting documentation therefor. As used herein, “