Default or Breach. A default or breach may be declared with or without termination. The following shall constitute a default or breach:
Default or Breach. In the event that either party is in default or commits a breach of this Agreement, which is not cured within thirty (30) days after Notice thereof, then this Agreement shall automatically terminate on the date specified in such Notice.
Default or Breach. Each of the following events shall constitute a default or breach of this Lease by Lessee:
Default or Breach. Each of the following events shall constitute a default or breach of this Lease by Xxxxxx:
Default or Breach. If either party fails to perform any obligation under this Agreement, the other party may do 126 any or all of the following: (1) cancel the Agreement (2) sue for specific performance, (3) sue for actual and compensatory 127 damages. Legal counsel is strongly recommended in such circumstances.
Default or Breach. Should Lessee (a) fail to pay or cause to be paid any tax, assessment, insurance premium, lien, claim, charge, or demand herein provided to be paid or caused to be paid by Lessee at all times and in the manner herein provided; or
Default or Breach. (a) It is agreed by and between the parties hereto that; (i) if Tenant shall fail to make any payment of rents or taxes, assessments, insurance premiums, water rates, or any other sum herein stipulated and agreed to be paid or kept, at the time same is required to be paid under the provisions of this Lease and such failure shall continue for a period of ten (10) days after Tenant receives from Landlord written notice of such delinquent payment, or (ii) if Tenant shall fail to keep and perform any other covenant, condition or agreement herein provided on the part of Tenant to be performed; then, and in such case, Landlord may serve upon Tenant written notice of such default; and if such default shall then continue without being wholly remedied for a period of thirty (30) days after the service of such notice, or in the event of a breach other than the payment of money, Tenant shall not have commenced the remedying of such default within the thirty (30)-day period subsequent to written notice and shall not diligently prosecute compliance to final termination, then it shall and may be lawful for Landlord, without further notice, to declare said Term ended, and to re-enter and re-possess the Premises, and the building and improvements situated thereon, or any part thereof, either with or without process of law, and Tenant does in such event, hereby waive any demand for possession of the Premises, and any and all buildings and improvements then situated thereon, and Tenant covenants and agrees, upon the termination of the Term at the election of Landlord, or in any other way, to immediately surrender and deliver up the Premises and property peaceably to Landlord, or the agents or attorneys of Landlord, immediately upon the termination of the Term, and this Lease shall become void and of no further effect, and Landlord may hold and retain the Premises and all buildings and improvements thereon as of its first or former estate, subject to any mortgage executed pursuant to the terms hereof, and this Lease shall be forfeited to Landlord, and Landlord may bring suit for and collect all of the past-due rents, taxes and assessments. All costs (including attorneys’ fees) occasioned by default of Tenant shall be an expense of Tenant, and shall be due as rental hereunder.
Default or Breach. 17. Each of the following events shall constitute a default or a breach of this Lease by Tenant:
Default or Breach. If the Tenant(s) shall at any time be in default or breach of any one or more of the terms or obligations contained herein, and if the Landlord shall institute an action or summary proceeding against the Tenant(s) based upon such default or breach, then the Tenant will reimburse the Landlord for Landlord’s attorney’s fees, costs, expenses, and other disbursements thereby incurred by the Landlord in connection with any dispute arising hereunder. Notwithstanding the foregoing, neither party shall be liable for legal costs or attorney fees incurred by another party, in connection with a dispute arising hereunder, in excess of costs or fees specifically permitted by statute. Tenant’s failure to pay any installment of rent when due, or to perform any of Tenant’s obligations hereunder, shall constitute a default. If a default occurs, Landlord may, at its option, terminate this lease and regain possession of the rental unit in accordance with applicable law. Recovery of the rental unit by Landlord shall not relieve Tenant of any obligation hereunder, and upon default, Landlord shall be permitted to accelerate the rent due throughout the entire term of the lease and demand immediate payment thereof; however, the Tenant may not be liable for the total accelerated amount because of Xxxxxxxx’s obligation to mitigate damages, and either party may have a court determine the actual amount owed, if any. Xxxxxx agrees that acceptance of partial rent payments by Landlord after notice of termination or forfeiture will not constitute waiver of the notice of termination or forfeiture unless Landlord agrees to a waiver in writing, nor will such payment affect any legal proceedings taken or to be taken by Landlord except to reduce Tenant’s obligations to Landlord by the amount of such partial payment. In the event of default, it is understood that any party to this lease has the right to have a court determine the actual amount due and owing to the other.
Default or Breach. If either party fails to perform any obligation under this Agreement, the other party may do 126 any or all of the following: (1) cancel the Agreement (2) xxx for specific performance, (3) xxx for actual and compensatory 127 damages. Legal counsel is strongly recommended in such circumstances. 128 (u) REAL ESTATE COMMISSIONS: Seller authorizes closing company to debit Seller and pay commissions as follows at closing: 129 Real Estate Firm Name: _____________________________________________will receive______% of the purchase price. 130 Licensee’s Name and Contact Information: ________________________________________________________________. 131 Other Real Estate Firm Name (if any): _________________________________will receive______% of the purchase price. 132 Other Licensee’s Name (if any) and Contact Information: ____________________________________________________. 133 (v) ADDENDA, ATTACHMENTS, EXHIBITS, DISCLAIMERS, AND DISCLOSURES (included if marked below): 134 Confirmation of Agency Status (required with all Purchase and Sale Agreements) 135 Advisory to Buyers and Sellers, or TAR Disclaimer Notice (required with all Purchase and Sale Agreements) 136 Lead-Based Paint Disclosure (required for housing constructed before 1978) 137 Personal Interest Disclosure & Consent (required if a Licensee has a personal interest, may be included in Confirmation of Agency) 138 Occupancy Agreement (required if possession is other than the time of closing) 139 VA/FHA Loan Addendum (required if sale involves VA or FHA loan) 140 Impact Fees or Adequate Facilities Taxes Disclosure (required if sale is residential new construction) 141 Subsurface Sewage Disposal System Permit Disclosure (required for newly constructed residential property with septic system) 142 Addendum (extra page for additional Special Stipulations, if needed) 143 Other: ___________________________________________________________________ 144 And one of the following three is required with all residential Purchase and Sale Agreements: 145 Tennessee Residential Property Condition Disclosure, OR 146 Tennessee Residential Property Condition Exemption Notification, OR 147 Tennessee Residential Property Condition Disclaimer Statement 148 (w) METHOD OF EXECUTION AND DELIVERY: Signatures and initials transmitted by fax, photocopy, or digital signature 149 methods will be acceptable and treated as originals. This Agreement constitutes the sole and entire agreement between the 150 parties. No verbal agreements, rep...
