Common use of Failure to Perform Obligations Clause in Contracts

Failure to Perform Obligations. The Landlord will not in any event be liable to the Tenant in respect of any failure of the Landlord to, perform any of its obligations to the Tenant under this Lease whether express or implied unless the Tenant has so notified the Landlord and the Landlord has failed within a reasonable time to remedy the same and then in such case the Landlord will be liable to compensate the Tenant only for loss or damage sustained by the Tenant after such reasonable lime has elapsed.

Appears in 4 contracts

Samples: Lease (Edgen Murray LTD), Lease (Edgen Group Inc.), Lease (Edgen Murray PLC)

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Failure to Perform Obligations. The Landlord will shall not in any event be liable to the Tenant in respect of any failure of the Landlord to, to perform any of its obligations to the Tenant under this Lease hereunder whether express expressed or implied unless if it shall be prevented, hampered or restricted in any way from so doing by any matter not within the Tenant has so notified reasonable control of the Landlord and (excluding the Landlord’s financial circumstances), provided that the Landlord has failed within a shall use all reasonable time endeavours to remedy the same and then in such case the Landlord will be liable to compensate the Tenant only for loss or damage sustained by the Tenant after such reasonable lime has elapsedresume performance of its obligations as soon as reasonably practicable.

Appears in 2 contracts

Samples: Lease (NuCana PLC), Lease (NuCana PLC)

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