Common use of Condition to Exercise Clause in Contracts

Condition to Exercise. The effective termination of the Lease by Tenant shall be contingent upon there being no uncured Event of Default existing on the date on which Tenant delivers the Termination Notice or any time thereafter until and including the Termination Date. For purposes of this Section, an uncured Event of Default shall not be deemed to have occurred by Tenant if Tenant has commenced to cure such default within the time period required by the Lease and at all times thereafter has been and continues to diligently to effect such cure. At any time prior to Tenant’s delivery of the Termination Notice, Tenant shall have the right to request Landlord to deliver to Tenant written notice of any Event of Default of which Landlord then has actual knowledge and Landlord shall respond to such request within ten (10) business days. If Landlord fails to respond within said ten (10) business day period, then no such Event of Default, if one exists, shall prevent the effectiveness of Tenant’s election of the Termination Option. Should an uncured Event of Default exist at the time Tenant exercises the Termination Option, or should an Event of Default occur following Tenant’s exercise of the Termination Option, such Event of Default shall not nullify or void Tenant’s exercise of the Termination Option, but instead shall suspend the termination from becoming effective until such time as such Event of Default is cured.

Condition to Exercise. The effective termination extension of the Lease Term by Tenant Tenant’s exercise of an Extension Option shall be contingent upon there being no uncured Event of Default existing on the date on which Tenant delivers exercises the Termination Notice Extension Option or any time thereafter until and including the Termination Datecommencement of the respective Extension Term. For purposes of this Section, an uncured Event of Default shall not be deemed to have occurred by Tenant if Tenant has commenced to cure such default within the time period required by the Lease and at all times thereafter has been and continues to diligently to effect such cure. Should an uncured Event of Default exist at the time Tenant exercises the Extension Option, or should such an Event of Default occur following Tenant’s exercise of the Extension Option, such Event of Default shall not nullify or void Tenant’s exercise of the Extension Option, but instead shall suspend the commencement of an Extension Term until such time as the Event of Default is cured. At any time prior to or following Tenant’s delivery exercise of the Termination Noticean Extension Option, Tenant shall have the right to request that Landlord to deliver to Tenant written notice of any Event of Default of which Landlord then has actual knowledge and Landlord shall respond to such request within ten (10) business days. If Landlord fails to respond within said ten (10) business day period, then no such Event of Default, if one exists, shall prevent the effectiveness of Tenant’s election of the Termination Option. Should an uncured Event of Default exist at the time Tenant exercises the Termination Option, or should an Event of Default occur following Tenant’s exercise of the Termination Option, such Event of Default applicable Extension Option shall not nullify or void Tenant’s exercise of the Termination Option, but instead shall suspend the termination from becoming effective until such time as such Event of Default is curedbe deemed effective.

Condition to Exercise. The effective termination extension of the Lease Term by Tenant Tenant's exercise of an Extension Option shall be contingent upon there being no uncured Event of Default existing on the date on which Tenant delivers exercises the Termination Notice Extension Option or any time thereafter until and including the Termination Datecommencement of the respective Extension Term. For purposes of this Section, an uncured Event of Default shall not be deemed to have occurred by Tenant if Tenant has commenced to cure such default within the time period required by the Lease and at all times thereafter has been and continues to diligently to effect such cure. Should an uncured Event of Default exist at the time Tenant exercises the Extension Option, or should such an Event of Default occur following Tenant's exercise of the Extension Option, such Event of Default shall not nullify or void Tenant's exercise of the Extension Option, but instead shall suspend the commencement of an Extension Term until such time as the Event of Default is cured. At any time prior to or following Tenant’s delivery 's exercise of the Termination Noticean Extension Option, Tenant shall have the right to request that Landlord to deliver to Tenant written notice of any Event of Default of which Landlord then has actual knowledge and Landlord shall respond to such request within ten (10) business days. If Landlord fails to respond within said ten (10) business day period, then no such Event of Default, if one exists, shall prevent the effectiveness of Tenant’s election of the Termination Option. Should an uncured Event of Default exist at the time Tenant exercises the Termination Option, or should an Event of Default occur following Tenant’s 's exercise of the Termination Option, such Event of Default applicable Extension Option shall not nullify or void Tenant’s exercise of the Termination Option, but instead shall suspend the termination from becoming effective until such time as such Event of Default is curedbe deemed effective.

Condition to Exercise. The effective termination of the Lease by Tenant shall be contingent upon there being no uncured Event of Default existing on the date on which Tenant delivers the Termination Notice or any time thereafter until and including the Termination Date. For purposes of this Section, an uncured Event of Default shall not be deemed to have occurred by Tenant if Tenant has commenced to cure such default within the time period required by the Lease and at all times thereafter has been and continues to diligently to effect such cure. At any time prior to Tenant’s 's delivery of the Termination Notice, Tenant shall have the right to request Landlord to deliver to Tenant written notice of any Event of Default of which Landlord then has actual knowledge and Landlord shall respond to such request within ten (10) business days. If Landlord fails to respond within said ten (10) business day period, then no such Event of Default, if one exists, shall prevent the effectiveness of Tenant’s 's election of the Termination Option. Should an uncured Event of Default exist at the time Tenant exercises the Termination Option, or should an Event of Default occur following Tenant’s 's exercise of the Termination Option, such Event of Default shall not nullify or void Tenant’s 's exercise of the Termination Option, but instead shall suspend the termination from becoming effective until such time as such Event of Default is cured.