Common use of Inability to Perform Clause in Contracts

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 shall not operate to excuse Tenant from the prompt payment of Rent.

Appears in 33 contracts

Samples: Lease (Axonics, Inc.), Lease (Tandem Diabetes Care Inc), Lease (Lantronix Inc)

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Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 shall not operate to excuse Tenant from the prompt payment of Rentrent.

Appears in 24 contracts

Samples: Office Space Lease, Office Space Lease (Neothetics, Inc.), Office Space Lease (Neothetics, Inc.)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 20.8 shall not operate to excuse Tenant from the prompt payment of Rent.

Appears in 20 contracts

Samples: Lease (Robot Cache US Inc.), Lease (Robot Cache US Inc.), Lease (Medicinova Inc)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 20.7 shall not operate to excuse Tenant from the prompt payment of Rent.

Appears in 7 contracts

Samples: Lease (AVITA Medical, Inc.), Lease (BioCardia, Inc.), Lease (Tarsus Pharmaceuticals, Inc.)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 19.8 shall not operate to excuse Tenant either party from the prompt payment of Renta monetary obligation.

Appears in 3 contracts

Samples: Lease Agreement (Columbia Care Inc.), Lease (Leo Holdings III Corp.), Lease Agreement (Columbia Care Inc.)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 shall not operate to excuse Tenant from the prompt payment of RentRent or excuse Landlord of any obligation that can be satisfied by the payment of money.

Appears in 1 contract

Samples: Lease (Tracon Pharmaceuticals, Inc.)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 20.7 shall not operate to excuse Tenant from the prompt payment of Rent. 20.8.

Appears in 1 contract

Samples: ReShape Lifesciences Inc.

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. , The provisions of this Section 20.9 shall not operate to excuse Tenant from the prompt payment of Rent.

Appears in 1 contract

Samples: Lease (Axonics Modulation Technologies, Inc.)

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Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 shall not operate to excuse Tenant from the prompt payment of RentRent or delay Tenant from receiving the abatement of any rental to which ii entitled under any express provision of this Lease.

Appears in 1 contract

Samples: Lease (Upwork Inc.)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 shall not operate to excuse Tenant from the prompt payment of Rent. 20.10.

Appears in 1 contract

Samples: eHealth, Inc.

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 shall not operate to excuse Tenant from the prompt payment of Rent.

Appears in 1 contract

Samples: Sublease (Medicinova Inc)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 20.8 shall not operate to excuse Tenant a party hereto from the prompt payment any of Rentits financial obligations, including without limitation, Tenant’s obligation to pay Rent as and when due under this Lease.

Appears in 1 contract

Samples: Lease (TigerLogic CORP)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 shall not operate to excuse Tenant from the prompt payment of Rentrent. SECTION 20.10.

Appears in 1 contract

Samples: BofI Holding, Inc.

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