Common use of TERMINATION BECAUSE OF DEFAULT Clause in Contracts

TERMINATION BECAUSE OF DEFAULT. Except as otherwise provided herein and to the extent not prohibited by applicable law, if either Landlord or Resident materially fails to comply with any of the terms of this Lease, and if such default continues for thirty (30) days after written notice to cure the default has been delivered to the offending party (except that only a five (5) day notice period shall be required if the default consists of a failure by Resident to pay rent when due), then thirty (30) days after written notice is delivered (or five (5) days in the case of a failure by Resident to pay rent when due), the injured party shall have the option of declaring this Lease terminated and Resident shall be entitled to immediately vacate the Premises, or Landlord shall be entitled to take immediate possession of the Premises, as the case may be, without the injured party forfeiting any other right the injured party may have for breach of this Lease.

Appears in 3 contracts

Samples: Family Housing Lease Agreement, Malmstrom Afb Family Housing Lease Agreement, Lease Agreement

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TERMINATION BECAUSE OF DEFAULT. Except as otherwise provided herein and to the extent not prohibited by applicable law, if If either Landlord or Resident materially fails to comply with any of the terms or conditions of this LeaseAgreement in a material respect (each such failure being deemed a "default"), and if such default continues for thirty sixty (3060) days after a written notice to cure the default has been delivered to the offending party (except that only a five (5) -day notice period shall be required if the default by Resident consists of a failure by Resident to pay rent when due), then thirty upon expiration of said sixty (3060) days after written notice is delivered day period (or five (5) days day period in the case of a failure by Resident to pay rent when due), the injured party shall have the option of declaring this Lease Agreement terminated and (a) if the Landlord is the party in default, the Resident shall be entitled to may immediately vacate the Premises, or Landlord shall be entitled to take immediate possession of the Premises, as the case may be, Premises without the injured party Resident forfeiting any other right rights the injured party Resident may have for breach of a default under this Lease.Agreement, and

Appears in 1 contract

Samples: Civilian Resident Occupancy Agreement

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TERMINATION BECAUSE OF DEFAULT. Except as otherwise provided herein and to the extent not prohibited by applicable law, if If either Landlord or Resident materially Tenant fails to comply with any of the terms or conditions of this LeaseAgreement in a material respect (each such failure being deemed a "default"), and if such default continues for thirty sixty (3060) days after a written notice to cure the default has been delivered to the offending party (except that only a five (5) -day notice period shall be required if the default by Tenant consists of a failure by Resident to pay rent when due), then thirty upon expiration of said sixty (3060) days after written notice is delivered day period (or five (5) days day period in the case of a failure by Resident to pay rent when due), the injured party shall have the option of declaring this Lease Agreement terminated and Resident shall be entitled to (a) if the Landlord is the party in default, the Tenant may immediately vacate the Premises, or Landlord shall be entitled to take immediate possession of the Premises, as the case may be, Premises without the injured party Tenant forfeiting any other right rights the injured party Tenant may have for breach of a default under this Lease.Agreement, and

Appears in 1 contract

Samples: Resident Occupancy Agreement

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