Common use of BANKRUPTCY AND DEFAULT Clause in Contracts

BANKRUPTCY AND DEFAULT. Paragraph 22 is modified to provide that with respect to non-monetary defaults not involving Tenant's failure to pay Basic Rent or Additional Rent, Tenant shall not be in default of any non-monetary obligation if (i) more than thirty (30) days is required to cure such non-monetary default, and (ii) Tenant commences cure of such default as soon as reasonably practicable after receiving written notice of such default from Landlord and thereafter continuously and with due diligence prosecutes such cure to completion.

Appears in 20 contracts

Samples: Lease Agreement (Saba Software Inc), Lease Agreement (Selectica Inc), Lease Agreement (Gric Communications Inc)

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BANKRUPTCY AND DEFAULT. Paragraph 22 19 is modified to provide that with respect to non-monetary defaults not involving Tenant's failure to pay Basic Rent or Additional Rent, Tenant shall not be in default of any non-monetary obligation if (i) more than thirty (30) days is required to cure such non-monetary default, and (ii) Tenant commences cure of such default as soon as reasonably practicable after receiving written notice of such default from Landlord and thereafter continuously and with due diligence prosecutes such cure to completion.

Appears in 7 contracts

Samples: Lease Agreement (Algorx Pharmaceuticals Inc), Lease Agreement (Diadexus Inc), Lease Agreement (First Virtual Corp)

BANKRUPTCY AND DEFAULT. Paragraph 22 19 is modified to provide that with ---------------------- respect to non-monetary defaults not involving Tenant's failure to pay Basic Rent or Additional Rent, Tenant shall not be in default of any non-monetary obligation if (i) more than thirty (30) days is required to cure such non-non- monetary default, and (ii) Tenant commences cure of such default as soon as reasonably practicable after receiving written notice of such default from Landlord and thereafter continuously and with due diligence prosecutes such cure to completion.

Appears in 3 contracts

Samples: Lease Agreement (Curon Medical Inc), Lease Agreement (Egain Communications Corp), Lease Agreement (Cacheflow Inc)

BANKRUPTCY AND DEFAULT. Paragraph 22 is modified to provide that with respect to non-monetary defaults not involving Tenant's ’s failure to pay Basic Rent or Additional Rent, Tenant shall not be in default of any non-monetary obligation if (i) more than thirty (30) days is required to cure such non-monetary default, and (ii) Tenant commences cure of such default as soon as reasonably practicable after receiving written notice of such default from Landlord and thereafter continuously and with due diligence prosecutes such cure to completion.

Appears in 2 contracts

Samples: Lease Agreement (PortalPlayer, Inc.), Lease Agreement (Shutterfly Inc)

BANKRUPTCY AND DEFAULT. Paragraph 22 19 is modified to provide that with respect to non-monetary defaults not involving Tenant's ’s failure to pay Basic Rent or Additional Rent, Tenant shall not be in default of any non-monetary obligation if (i) more than thirty (30) days is required to cure such non-monetary default, and (ii) Tenant commences cure of such default as soon as reasonably practicable after receiving written notice of such default from Landlord and thereafter continuously and with due diligence prosecutes such cure to completion.

Appears in 2 contracts

Samples: Lease Agreement (Activcard Corp), Lease Agreement (Maxtor Corp)

BANKRUPTCY AND DEFAULT. Paragraph 22 19 is modified to provide that with respect to non-monetary defaults not involving Tenant's failure to pay Basic Rent or Additional Rent, Tenant shall not be in default of any non-monetary obligation if (i) more than thirty (30) days is required to cure such non-non- monetary default, and (ii) Tenant commences cure of such default as soon as reasonably practicable after receiving written notice of such default from Landlord and thereafter continuously and with due diligence prosecutes such cure to completion.

Appears in 1 contract

Samples: Attornment Agreement (Power Integrations Inc)

BANKRUPTCY AND DEFAULT. Paragraph 22 is modified to provide that with respect to non-monetary defaults not involving Tenant's failure to pay Basic Rent or Additional Rent, Tenant shall not be in default of any non-monetary obligation if (i) more than thirty (30) days is required to cure such non-monetary default, and (ii) Tenant commences cure of such default as soon Soon as reasonably practicable after receiving written notice of such default from Landlord and thereafter continuously and with due diligence prosecutes such cure to completion.

Appears in 1 contract

Samples: Lease Agreement (Com21 Inc)

BANKRUPTCY AND DEFAULT. Paragraph 22 is modified to provide that with respect to non-monetary defaults not involving Tenant's failure to pay Basic Rent or Additional Rent, Tenant shall not be he in default of any non-monetary obligation if (i) more than thirty (30) days is required to cure such non-monetary default, and (ii) Tenant commences cure of such default as soon as reasonably practicable after receiving written notice of such default from Landlord and thereafter continuously and with due diligence prosecutes such cure to completion.

Appears in 1 contract

Samples: Lease Agreement (Terayon Communication Systems)

BANKRUPTCY AND DEFAULT. Paragraph 22 is modified to provide that with respect to non-monetary defaults not involving Tenant's failure to pay Basic Rent or Additional Rent, Tenant shall not be in default of any non-monetary obligation if (i) more than thirty (30) days is required to to, cure such non-monetary default, and (ii) Tenant commences cure of such default as soon as reasonably practicable after receiving written notice of such default from Landlord and thereafter continuously and with due diligence prosecutes such cure to completion.

Appears in 1 contract

Samples: Lease Agreement (Wherify Wireless Inc)

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BANKRUPTCY AND DEFAULT. Paragraph 22 19 is modified to provide that with ------------------------ respect to non-monetary defaults not involving Tenant's failure to pay Basic Rent or Additional Rent, Tenant shall not be in default of any non-monetary obligation if (i) more than thirty (30) days is required to cure such non-non- monetary default, and (ii) Tenant commences cure of such default as soon as reasonably practicable after receiving written notice of such default from Landlord and thereafter continuously and with due diligence prosecutes such cure to completion.

Appears in 1 contract

Samples: Lease Agreement (Oni Systems Corp)

BANKRUPTCY AND DEFAULT. Paragraph 22 is modified to provide that with ---------------------- respect to non-monetary defaults not involving Tenant's failure to pay Basic Rent or Additional Rent, Tenant shall not be in default of any non-monetary obligation if (i) more than thirty (30) days is required to cure such non-non- monetary default, and (ii) Tenant commences cure of such default as soon as reasonably practicable after receiving written notice of such default from Landlord and thereafter continuously and with due diligence prosecutes such cure to completion.

Appears in 1 contract

Samples: Lease Agreement (Autoweb Com Inc)

BANKRUPTCY AND DEFAULT. Paragraph 22 19 is modified to provide that with respect to non-monetary nonmonetary defaults not involving Tenant's failure to pay Basic Rent or Additional Rent, Tenant shall not be in default of any non-monetary obligation if (i) more than thirty (30) days is required to cure such non-monetary default, and (ii) Tenant commences cure of such default as soon as reasonably practicable after receiving written notice of such default from Landlord and thereafter continuously and with due diligence prosecutes such cure to completion.

Appears in 1 contract

Samples: Lease Agreement (Quantum Corp /De/)

BANKRUPTCY AND DEFAULT. Paragraph 22 is modified to provide that with respect to non-monetary defaults not involving Tenant's failure to pay Basic Rent or Additional Rent, Tenant To shall not be in default of any non-monetary obligation if (i) more than thirty (30) days is required to cure such non-monetary default, and (ii) Tenant commences cure of such default as soon as reasonably practicable after receiving written notice of such default from Landlord and thereafter `continuously and with due diligence prosecutes such cure to completion.

Appears in 1 contract

Samples: Lease Agreement (Quantum Effect Devices Inc)

BANKRUPTCY AND DEFAULT. Paragraph 22 is modified to provide that with the respect to non-monetary defaults not involving Tenant's failure to pay Basic Rent or Additional Rent, Tenant shall not be in default of any non-monetary obligation if (i) more than thirty (30) days is required to cure such non-monetary default, and (ii) Tenant commences commence cure of such default as soon as reasonably practicable after receiving written notice of such default from Landlord and thereafter continuously and with due diligence prosecutes such cure to completion.

Appears in 1 contract

Samples: Lease Agreement (Neoforma Com Inc)

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