Landlord Self Help Sample Clauses
POPULAR SAMPLE Copied 1 times
Landlord Self Help. Tenant covenants and agrees that if Tenant shall at any time fail to make any payment or perform any other act on its part to be made or performed under this Lease, Landlord after thirty (30) days written notice to Tenant (or shorter period in the event of an emergency) may, but shall not be obligated to, and without waiving or releasing Tenant from any obligation of Tenant under this Lease, make such payment or perform such other act to the extent Landlord may deem desirable, and in connection therewith to pay expenses and employ counsel. All sums so paid by Landlord and all reasonable expenses in connection therewith, together with interest thereon at rate of ten percent per annum from the date of such payment, shall be deemed Additional Rent hereunder and be payable to Landlord on demand.
Landlord Self Help. If Tenant shall fail to keep and preserve the Premises in the state of condition required by the provisions of this Article 9, upon the expiration of Tenant’s notice and cure period, the Landlord may at its option put or cause the same to be put into the condition and state of repair agreed upon, and in such case the Tenant, on demand, shall pay the reasonable out-of-pocket cost thereof.
Landlord Self Help. If, pursuant to express provisions of this LEASE giving LANDLORD the right to remedy breaches of TENANT’s obligations after notice to TENANT, LANDLORD performs obligations to be performed by TENANT then amounts properly expended by LANDLORD in accordance with the terms of this LEASE in performance of such obligations shall earn interest at the rate of seven percent (7%) per annum until such amounts and the accrued interest thereon are discharged in full.
Landlord Self Help. The right of self-help of the Landlord as to the collection of trash and debris shall be exercisable immediately upon the failure of the Tenant to collect such trash and debris in a timely manner as provided in this Lease. The right of self-help of the Landlord as to any other maintenance or repairs that are the obligation of Tenant shall be contingent upon (i) Landlord delivering written notice to Tenant specifying with particularity the condition requiring maintenance or repair and of the intention of Landlord to exercise the right of self-help with respect to such condition, and (ii) the failure of the Tenant to complete such maintenance or repairs within ten (10) business days after receiving such written notice from Landlord, unless the maintenance or repairs are of a nature that ten (10) business days are not sufficient time in which to reasonably complete the maintenance or repairs, in which case, the Landlord may nonetheless undertake such action unless the Tenant initiates maintenance or repair efforts within the ten (10) business day period and thereafter diligently carries out to completion the required maintenance or repairs. If Landlord exercises its rights of self-help under this Section, Landlord shall submit to Tenant an invoice for such work, together with reasonable documentation evidencing such work, and Tenant shall reimburse Landlord in an amount equal to the reasonable costs incurred by Landlord for such repairs or maintenance, including out-of-pocket and labor costs, if any. Notwithstanding anything in this Lease which may be to the contrary, if Landlord determines in its sole discretion to exercise the self-help provisions of this Section, it shall, upon reimbursement for reasonable costs incurred, be entitled to no other remedy arising from the failure of the Tenant to perform the maintenance or repairs required by this Lease that were subject to such remedy of self- help.
Landlord Self Help. If Tenant defaults in the making of any payment or in the doing of any act under this Lease required to be made or done by Tenant, then Landlord may, but shall not be required to, make such payment or do such act, and charge the amount of the expense thereof, if made or done by Landlord, with interest thereon at the rate of ten percent (10%) per annum. Such payment and interest shall constitute Additional Rent hereunder due and payable within five (5) business days of Landlord’s demand therefor, but the making of such payment or the taking of such action by Landlord shall not operate to cure such default or to estop Landlord from the pursuit of any remedy to which Landlord would otherwise be entitled at law, in equity or under this Lease.
Landlord Self Help. Tenant agrees that if Tenant defaults in the performance or observance of any covenant or agreement in this Lease contained on the part of Tenant to be performed or observed, then Landlord may, in addition to all other rights available at law, in equity, or under this Lease (but shall not be obligated to), cure such defaults on behalf of and at the expense of Tenant. As a part of said cure, Landlord may do all necessary work and make all necessary payments in connection therewith, including, without limitation, the payment of any attorney's fees, costs and charges, including appeals, arbitration and mediation, in connection with any legal action which may have been brought. Tenant agrees to reimburse Landlord within five (5) days following demand for all amounts so paid by Landlord, together with interest thereon at the highest rate permitted by law accruing from the date expended until the date repaid. Any such costs shall be deemed Additional Rent and, in the event of non-payment, Landlord shall have all rights and remedies as herein provided for the non-payment of Base Rent.
Landlord Self Help. If Tenant shall at any time fail to pay any Property Taxes after prior written notice to Tenant as provided in Section 14.1, Landlord may, without waiving or releasing Tenant from any obligation of Tenant contained in this Lease, without obligation to do so, and in addition to any other remedies provided herein, pay any Property Tax payable by Tenant. Nothing herein contained shall be deemed as a waiver or release of Tenant from any obligation of Tenant in this Lease contained.”
Landlord Self Help. If Tenant fails to perform any of its affirmative duties or obligations (other than compliance with the covenants and financial reporting requirements described in Section 5 and Exhibit C), Landlord may, at its option, perform such duty or obligation on Tenant’s behalf including, but not limited to, the obtaining of reasonably required bonds, insurance policies, or governmental licenses, permits or approvals. Tenant shall pay to Landlord the costs and expenses incurred by Landlord in such performance upon receipt of an invoice therefor. 16
Landlord Self Help. If Tenant fails to pay, when due, for any repairs or improvements to the Leased Premises made by Tenant (to the extent that such repairs were the responsibility of Tenant hereunder), or if Tenant fails to pay any of the charges that Tenant is obligated to pay by the terms of this Lease, or if Tenant fails to make repairs that are Tenant’s responsibility as herein provided, then in addition to all other remedies provided by this Lease, Landlord may, but is not obligated to, upon Tenant’s failure to cure such default within thirty (30) days after Tenant’s receipt of notice from Landlord that specifies the particular default complained of, pay any such charges and make such repairs, and the amount or amounts so paid or expended therefor shall become due and payable immediately upon demand by Landlord; and if Tenant shall not repay any such amount or amounts upon demand, said amount or amounts (plus a 15% administrative fee) shall be added to, and become a part of, the Base Rent to be paid by Tenant when the next regular installment of Base Rent becomes due.
Landlord Self Help. Without limiting Landlord’s rights and remedies set forth herein, if Tenant fails to perform any affirmative duty or obligation of Tenant under this Lease within five (5) business days, after written notice to Tenant (or in case of an emergency, without notice), Landlord may at its option (but without obligation to do so), perform such duty or obligation on Tenant’s behalf, including but not limited to the performance of required maintenance, repairs and/or replacements, the obtaining of reasonably required bonds, insurance policies, or governmental licenses, permits or approvals. The costs and expenses of any such performance by Landlord plus a ten percent (10%) administrative fee shall be due and payable as additional rent by Tenant to Landlord upon invoice therefor.
