Common use of DEFAULTS BY LANDLORD Clause in Contracts

DEFAULTS BY LANDLORD. If Landlord fails to perform any of Landlord’s obligations under this Lease, which failure continues for more than thirty (30) days after Tenant’s delivery of written notice to Landlord specifying such failure, or if such failure is of a nature to require more than thirty (30) days for remedy and continues beyond the time reasonably necessary to cure (and Landlord has not undertaken procedures to cure the failure within such thirty (30) day period and diligently pursued such efforts to complete such cure), Tenant may, in addition to any other remedy available at law or in equity, after a second written notice to Landlord and Landlord’s failure to cure within ten (10) business days after receipt of such second written notice, at its option, incur any expense necessary to perform the obligation of Landlord specified in such notice and invoice Landlord for the cost thereof. Landlord shall be obligated to reimburse the Tenant for any undisputed expenses set forth on such invoice within thirty (30) days of the receipt of the same. In no event shall Tenant withhold, deduct or offset any expense or claim from the payment of Rent.

Appears in 1 contract

Samples: Lease Agreement

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DEFAULTS BY LANDLORD. If Landlord fails to perform any of Landlord’s obligations under this Lease, which failure continues for more than thirty (30) days after Tenant’s delivery of written notice to Landlord specifying such failure, or if such failure is of a nature to require more than thirty (30) days for remedy and continues beyond the time reasonably necessary to cure (and Landlord has not undertaken procedures to cure the failure within such thirty (30) day period and diligently pursued such efforts to complete such cure), Tenant may, in addition to any other remedy available at law or in equity, after a second written notice to Landlord and Landlord’s failure to cure within ten (10) business days after receipt of such second written notice, at its option, incur any expense necessary to perform the obligation of Landlord specified in such notice and invoice Landlord for the cost thereof. Landlord shall be obligated to reimburse the Tenant for any undisputed expenses set forth on such invoice within thirty (30) days of the receipt of the same. In no event shall Tenant withhold, deduct or offset any expense or claim from the payment of RentRent if any such payments are required under this Lease.

Appears in 1 contract

Samples: Center Lease Agreement

DEFAULTS BY LANDLORD. If Landlord fails to perform any of Landlord’s 's obligations under this Lease, which failure continues for more than thirty (30) days after Tenant’s 's delivery of written notice to Landlord specifying such failure, or if such failure is of a nature to require more than thirty (30) days for remedy and continues beyond the time reasonably necessary to cure (and Landlord has not undertaken procedures to cure the failure within such thirty (30) day period and diligently pursued such efforts to complete such cure), Tenant may, in addition to any other remedy available at law or in equity, after a second written notice to Landlord and Landlord’s 's failure to cure within ten (10) business days after receipt of such second written notice, at its option, incur any expense necessary to perform the obligation of Landlord specified in such notice and invoice Landlord for the cost thereof. Landlord shall be obligated to reimburse the Tenant for any undisputed expenses set forth on such invoice within thirty (30) days of the receipt of the same. In no event shall Tenant withhold, deduct or offset any expense or claim from the payment of Rent.

Appears in 1 contract

Samples: Center Lease Agreement (Top Group Holdings Inc)

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DEFAULTS BY LANDLORD. If Landlord fails to perform any of Landlord’s obligations under this Lease, which failure continues for more than thirty (30) days after Tenant’s delivery of written notice to Landlord specifying such failure, or if such failure is of a nature to require more than thirty (30) days for remedy and continues beyond the time reasonably necessary to cure (and Landlord has not undertaken procedures to cure the failure within such thirty (30) day period and diligently pursued such efforts to complete such cure), Tenant may, in addition to any other remedy available at law or in equity, after a second written notice to Landlord and Landlord’s failure to cure within ten (10) business days after receipt of such second written notice, at its option, incur any expense necessary to perform the obligation of Landlord specified in such notice and invoice Landlord for the cost thereof. Landlord shall be obligated to reimburse the Tenant for any undisputed expenses set forth on such invoice within thirty (30) days of the receipt of the same. In no event shall Tenant withhold, deduct or offset any expense or claim from the payment of Rent.

Appears in 1 contract

Samples: Center Lease Agreement (Pulse Evolution Corp)

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