Common use of Default Clause Clause in Contracts

Default Clause. (1) In case default be made by Lessee at any time in the due payment of any installment of rent or in the due payment or any other sum payable by Lessee to Lessor under the provisions hereof, and such default shall continue for a period of thirty (30) days after written demand by Lessor, or (2) if default shall be made by Lessee in the due observance and performance of any other covenant, condition, or stipulation herein agreed by Lessee to be by it observed or performed, and such default shall continue for a period of thirty (30) days from date of written notice by Lessor to Lessee detailing the particulars of such default and requiring it to make good any such last mentioned default, then and in any such event described

Appears in 1 contract

Sources: Lease Agreement (Manchester Mall Inc)

Default Clause. (1) In case default be made by Lessee at any time in the due payment of any installment of rent or in the due payment or any other sum payable by Lessee to Lessor under the provisions hereof, and such default shall continue for a period of thirty (30) days after written demand by Lessor, or (2) if default shall be made by Lessee in the due observance and performance of any other covenant, condition, or stipulation herein agreed by Lessee to be by it observed or performed, and such default shall continue for a period of thirty (30) days from date of written notice by Lessor to Lessee detailing the particulars particular of such default and requiring it to make good any such last mentioned default, then and in any such event described

Appears in 1 contract

Sources: Lease Agreement (Manchester Mall Inc)