Examples of Leasing Default in a sentence
During any period that the FCRHA undertakes leasing or property management duties as the result of a Leasing Default, the FCRHA shall use good faith efforts to cure the Residential Criteria Defaults that resulted in the Leasing Default.
During any period that Landlord undertakes leasing or property management duties as the result of a Leasing Default, Landlord shall use good faith efforts to cure the Residential Criteria Defaults that resulted in the Leasing Default.
Landlord may continue to operate and manage the Project for so long as any of the Residential Criteria Defaults that caused the Leasing Default that resulted in Landlord undertaking any leasing or property management responsibilities for the Project remain uncured.
Once all such Residential Criteria Defaults have been cured and Tenant is no longer in a Leasing Default, Tenant shall retain all leasing and property management duties (and may retain an Approved Property Manager for such purposes) in accordance with the terms of this Lease.
In addition to the remedies set forth in this Section 24.06, Landlord may avail itself to any other remedies set forth in this Article 24, except those remedies set forth in Section 24.02 and Section 24.03 above (but subject to Section 24.06(d) below) if Tenant commits an Leasing Default.
In the event that Tenant commits a Leasing Default within thirty-six (36) months after the date on which a prior Leasing Default was cured, in addition to Landlord’s rights under this Section 24.06, Landlord may avail itself to any other remedies set forth in this Lease, including the termination of this Lease pursuant to Section 24.02 and Section 24.03 above.
Any Residential Criteria Defaults that occurred during any period in which Landlord was responsible for the leasing and management of the Property will not be considered in determining whether Tenant has committed a Leasing Default.
If any Leasing Default will occur, Landlord may (subject to Section 24.14 below), at its option, give notice to Tenant stating that Landlord is terminating any Management Agreement then in effect for the Project and removing the Approved Property Manager from the Premises.
During any period that Landlord undertakes leasing or property management duties as the result of a Leasing Default, Landlord will use good faith efforts to cure the Residential Criteria Defaults that resulted in the Leasing Default.
In addition to a Pro Forma Project Development and Construction Completion Schedule and a Pro Forma Leasing Schedule, the Project Plan shall include a Project Completion Default Schedule and a Project Leasing Default Schedule, which default schedules shall remain in effect until amended by the Members, either as part of a new or modified Budget and Operating Plan or otherwise.