Common use of Intentional Default Clause in Contracts

Intentional Default. Tenant expressly recognizes that Tenant’s due and punctual performance of all of its obligations under this Lease throughout the Term is of importance to Landlord, and, without limiting the foregoing provisions of Section 13.02, Tenant agrees that, if Tenant shall default (i) in the timely payment of Base Rent or Additional Rent, and such default shall continue or be repeated for three (3) consecutive months or for a total of three (3) months in any period of twelve (12) months or (ii) in the performance of any other term of this Lease to be performed by Tenant, and such default shall occur more than three (3) times in any period of twelve (12) months, then, notwithstanding that such defaults shall have each been cured within the applicable period, if any, as above provided, any further similar default shall be deemed to be deliberate and Landlord thereafter may serve the termination notice described in Section 13.02 hereof upon Tenant without affording to Tenant an opportunity to cure such further default.

Intentional Default. Tenant expressly recognizes that Tenant’s 's due and punctual performance of all of its obligations under this Lease throughout the Term is of importance to Landlord, and, without limiting the foregoing provisions of Section 13.0214.02, Tenant agrees that, if Tenant shall default (i) in the timely payment of Base Rent or Additional RentCharges, and such default shall continue or be repeated for three two (32) consecutive months or for a total of three (3) months in any period of twelve (12) months or (ii) in the performance of any other term of this Lease to be performed by Tenant, and such default shall occur more than three (3) times in any period of twelve (12) months, then, notwithstanding that such defaults shall have each been cured within the applicable period, if any, as above provided, any further similar default shall be deemed to be deliberate and Landlord thereafter may serve the termination notice described in Section 13.02 14.02 hereof upon Tenant without affording to Tenant an opportunity to cure such further default.