Tenant Default Notice definition
Examples of Tenant Default Notice in a sentence
Upon any such failure of compliance by Tenant with any of its obligations to Landlord as provided for in this Lease, Landlord shall have the right, but not the obligation, to declare Tenant in default of this Lease, by delivering to Tenant notice of such default, which notice (a "Tenant Default Notice") shall state in reasonable detail the actions Tenant must take to cure the same.
If an Event of Default occurs, in the determination of the Landlord, the Landlord may so notify the Tenant ("Default Notice"), specifying the basis for such Event of Default, and advising the Tenant that such Event of Default must be cured immediately or this Lease with the Landlord may be terminated.
If an Event of Default by Tenant (as defined in the Master Lease) relating to the payment of rent under the Master Lease occurs and is continuing, Landlord may, in its sole discretion, give notice (a Tenant Default Notice) to Subtenant requiring that Subtenant make all rent payments under the Sublease direct to Landlord.
If Landlord gives a Tenant Default Notice to Subtenant, Subtenant shall pay all rent payable under the Sublease after Subtenant's receipt of the Tenant Default Notice direct to Landlord until Landlord notifies Subtenant that the Event of Default by Tenant has been cured.