Common use of Landlord’s Default Clause in Contracts

Landlord’s Default. Landlord shall not be deemed to be in default in the performance of any of its obligations hereunder unless it shall fail to perform such obligations and unless within thirty (30) days after notice from Tenant to Landlord specifying such default Landlord has not commenced diligently to correct the default so specified or has not thereafter diligently pursued such correction to completion. Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereunder.

Appears in 6 contracts

Samples: Lease (GTC Biotherapeutics Inc), Haemonetics Corp, Lease (Netezza Corp)

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Landlord’s Default. Landlord shall not be deemed to in no event be in default in the performance of any of its Landlord's obligations hereunder unless it and until Landlord shall fail have failed to perform such obligations and unless within thirty (30) days days, or such additional time as is reasonably required to correct any such default, after notice from by Tenant to Landlord properly specifying such default wherein Landlord has not commenced diligently failed to correct the default so specified or has not thereafter diligently pursued perform any such correction to completion. Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereunderobligation.

Appears in 5 contracts

Samples: Agreement (Unica Corp), Agreement (Unica Corp), Netegrity Inc

Landlord’s Default. Landlord shall not be deemed to in no event be in default in the performance of any of its Landlord’s obligations hereunder unless it and until Landlord shall fail have failed to perform such obligations and unless within thirty (30) days days, or such additional time as is reasonably required to correct any such default, after notice from by Tenant to Landlord properly specifying such default wherein Landlord has not commenced diligently failed to correct the default so specified or has not thereafter diligently pursued perform any such correction to completion. Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereunderobligation.

Appears in 4 contracts

Samples: Lease Agreement (Hubspot Inc), Lease Agreement (Hubspot Inc), Lease Agreement (Hubspot Inc)

Landlord’s Default. Landlord shall not be deemed to in no event be in default in the performance of any of its Landlord’s obligations hereunder unless it and until Landlord shall fail have failed to perform such obligations and unless within thirty (30) days days, or such additional time as is reasonably required to correct any such default, after notice from by Tenant to Landlord specifying such default wherein Landlord has not commenced diligently failed to correct the default so specified or has not thereafter diligently pursued perform any such correction to completion. Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereunderobligations.

Appears in 3 contracts

Samples: Lease (Cerevel Therapeutics Holdings, Inc.), Lease Agreement (Myriant Corp), Assignment and Assumption (Rhythm Holding Company, LLC)

Landlord’s Default. Landlord shall not be deemed to in no event be in default in the performance of any of its obligations hereunder unless it and until Landlord shall fail have failed to perform such obligations and unless within thirty (30) days (or, provided that Landlord has promptly commenced and thereafter diligently pursued the correction of such default, such additional time as is reasonably required to correct any such default) after written notice from by Tenant to Landlord specifying such default wherein Landlord has not commenced diligently failed to correct the default so specified or has not thereafter diligently pursued perform any such correction to completion. Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereunderobligation.

Appears in 3 contracts

Samples: Commencement Agreement (Embassy Bancorp, Inc.), Commencement Agreement (Embassy Bancorp, Inc.), Commencement Agreement (Embassy Bancorp, Inc.)

Landlord’s Default. Landlord shall not be deemed to be in default in the performance of any of its obligations hereunder unless it shall fail to perform such obligations and unless within thirty (30) such failure shall continue for a period of 30 days following receipt of notice from Tenant, or such additional time as is reasonably required with the exercise of reasonable diligence to correct any such default, after notice from has been given by Tenant to Landlord specifying such default Landlord has not commenced diligently to correct the default so specified or has not thereafter diligently pursued such correction to completion. Tenant shall have no right, for any default by nature of Landlord, to offset or counterclaim against any rent due hereunder's default.

Appears in 2 contracts

Samples: Furniture Com Inc, Furniture Com Inc

Landlord’s Default. Landlord shall not be deemed to be in default in the performance of any of its obligations hereunder unless it shall fail to perform such obligations and unless within thirty (30) days after notice from Tenant to Landlord specifying such default Landlord has not commenced diligently to correct the default so specified or has not thereafter diligently pursued such correction to completion. Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereunder.

Appears in 2 contracts

Samples: Lease (Impac Group Inc /De/), Lease (Impac Group Inc /De/)

Landlord’s Default. (A) Except as otherwise expressly provided in this Lease, Landlord shall not be deemed to in no event be in default in the performance of any of its Landlord’s obligations hereunder unless it and until Landlord shall fail have failed to perform such obligations and unless within thirty (30) days days, or such additional time as is reasonably required to correct any such default, after notice from by Tenant to Landlord properly specifying such default wherein Landlord has not commenced diligently failed to correct the default so specified or has not thereafter diligently pursued perform any such correction to completion. Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereunderobligation.

Appears in 2 contracts

Samples: Boston, Massachusetts (Rapid7, Inc.), Agreement (Rapid7, Inc.)

Landlord’s Default. Landlord shall not be deemed to be in default in the performance of any of its obligations hereunder unless it shall fail to perform such obligations and unless within thirty (30) days after notice from Tenant to Landlord specifying such default Landlord has not commenced diligently to correct the default so specified or has not thereafter diligently pursued such correction to completion. Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereunder., except as expressly provided in Section 12.4

Appears in 1 contract

Samples: Lease Section (Foilmark Inc)

Landlord’s Default. Landlord shall not be deemed considered to be in default in under this Lease unless Tenant has given notice specifying the performance of any of its obligations hereunder unless it shall fail to perform such obligations default and unless within thirty (30) days after notice from Tenant to Landlord specifying such default Landlord has failed for 30 days to cure the default, if it is curable within that time period, or to institute and diligently pursue reasonable corrective or ameliorative acts for defaults not commenced diligently to correct so curable within the default so specified or has not thereafter diligently pursued such correction to completion. Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereunder30-day period.

Appears in 1 contract

Samples: Development and Disposition Agreement

Landlord’s Default. Landlord shall not be deemed to be in default in the performance of any of its obligations hereunder unless it shall fail to perform such obligations and unless within thirty (30) days after notice from Tenant to Landlord specifying such default or, if such default cannot be cured within such 30 day period, Landlord has not commenced diligently to correct the default so specified within 30 days or has not thereafter diligently pursued such correction to completion. Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereunder.

Appears in 1 contract

Samples: Broadvision Inc

Landlord’s Default. Landlord shall not be deemed to be in default in ---------- ------- the performance of any of its obligations hereunder unless it shall fail to perform such obligations and unless within thirty (30) days after notice from Tenant to Landlord specifying such default Landlord has not commenced diligently to correct the default so specified or has not thereafter diligently pursued such correction to completion. , Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ameritruck Distribution Corp)

Landlord’s Default. Landlord shall not be deemed to be in ------------------------------------ default in the performance of any of its obligations hereunder unless it shall fail to perform such obligations and unless within thirty (30) days after notice from Tenant to Landlord specifying such default Landlord has not commenced diligently to correct the default so specified specified, or has does not thereafter diligently pursued such correction to completion. Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereunder.

Appears in 1 contract

Samples: Lease Metro (International Wireless Inc)

Landlord’s Default. Landlord shall not be deemed to be in default in the performance of any of its obligations hereunder unless it shall fail to perform such obligations and unless within such failure shall continue for a period of thirty (30) days or such additional time as is reasonably required to correct any such default after written notice from has been given by Tenant to Landlord specifying such default Landlord has not commenced diligently to correct the default so specified or has not thereafter diligently pursued such correction to completion. Tenant shall have no right, for any default by nature of Landlord, to offset or counterclaim against any rent due hereunder’s alleged default.

Appears in 1 contract

Samples: Corbus Pharmaceuticals Holdings, Inc.

Landlord’s Default. Landlord shall not be deemed considered to be in default in under this Lease unless Tenant has given notice specifying the performance of any of its obligations hereunder unless it shall fail to perform such obligations default and unless within thirty (30) days after notice from Tenant to Landlord specifying such default Landlord has failed for 60 days to cure the default, if it is curable within that time period, or to institute and diligently pursue reasonable corrective or ameliorative acts for defaults not commenced diligently to correct so curable within the default so specified or has not thereafter diligently pursued such correction to completion. Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereunder60 day period.

Appears in 1 contract

Samples: Development and Disposition Agreement

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Landlord’s Default. Landlord shall not be deemed to be in default in the performance of any of its obligations hereunder unless it shall fail to perform such obligations and unless within such failure shall continue for a period of thirty (30) days or such additional time as is reasonably required to correct any such default after written notice from has been given by Tenant to Landlord specifying such default Landlord has not commenced diligently to correct the default so specified or has not thereafter diligently pursued such correction to completionnature of Landlord's alleged default. Tenant shall have no the right to terminate this Lease for any default by Landlord hereunder,. and the right, for any default by Landlordsuch default, to offset or counterclaim against any rent due hereunder.

Appears in 1 contract

Samples: Lease Agreement (Altus Pharmaceuticals Inc.)

Landlord’s Default. Landlord shall not be deemed to be in default in the performance of any of its obligations obligation required to be performed by it hereunder unless and until it shall fail has failed to perform such obligations and unless obligation within thirty twenty (3020) days after notice from receipt of Notice by Tenant to Landlord (and the Mortgagees who have provided Tenant with notice) specifying the nature of such default Landlord has not commenced diligently to correct default; provided, however, that if the default so specified or has not thereafter diligently pursued nature of Landlord's obligation is such correction to completion. Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereunder.that more than

Appears in 1 contract

Samples: Lease Guaranty Agreement (Craig Jenny Inc /De)

Landlord’s Default. Landlord shall not be deemed to be in default in under this Lease unless (a) Tenant has given notice to Landlord specifying the performance of any of its obligations hereunder unless it shall fail to perform such obligations default claimed, and unless within (b) Landlord has failed for thirty (30) days after notice from Tenant (or for such longer period as may be required with the exercise of due diligence) to Landlord specifying cure such default Landlord has not commenced default, if curable, or to institute and diligently to correct the default so specified pursue reasonable corrective or has not thereafter diligently pursued such correction to completion. Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereunderameliorative efforts towards a non-curable default.

Appears in 1 contract

Samples: Lease Agreement (Franklin Financial Network Inc.)

Landlord’s Default. Landlord shall not be deemed to be in default in the performance of any of its obligations hereunder unless it shall fail to perform such obligations and unless within thirty (30) days after notice from Tenant to Landlord specifying such default Landlord has not commenced diligently to correct the default so specified or has not thereafter diligently pursued such correction to completion. Except as otherwise specifically set forth in this Lease, Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereunder.

Appears in 1 contract

Samples: Avant Immunotherapeutics Inc

Landlord’s Default. Landlord shall not be deemed to be in default in ------------------ the performance of any of its obligations hereunder unless it shall fail to perform such obligations and unless within thirty (30) such failure shall continue for a period of 30 days following receipt of notice from Tenant, or such additional time as is reasonably required with the exercise of reasonable diligence to correct any such default, after notice from has been given by Tenant to Landlord specifying such default Landlord has not commenced diligently to correct the default so specified or has not thereafter diligently pursued such correction to completion. Tenant shall have no right, for any default by nature of Landlord, to offset or counterclaim against any rent due hereunder's default.

Appears in 1 contract

Samples: Lifeline Systems Inc

Landlord’s Default. Landlord shall not be deemed to in no event be in default in the performance of any of its obligations hereunder in this Lease contained unless it and until Landlord shall fail have failed to perform such obligations and unless obligation within thirty (30) days days, or such additional time as is reasonably required to correct any such default, after notice from by Tenant to Landlord properly specifying such default wherein Landlord has not commenced diligently failed to correct the default so specified or has not thereafter diligently pursued perform any such correction to completion. Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereunderobligation.

Appears in 1 contract

Samples: Lease Agreement

Landlord’s Default. Landlord shall not be deemed to in no event be in default in the performance of any of its Landlord's obligations hereunder hereunder. unless it and until Landlord shall fail have failed to perform such obligations and unless within thirty (30) days days, or such additional time as is reasonably required to correct any such default, after notice from by Tenant to Landlord specifying such default wherein Landlord has not commenced diligently failed to correct the default so specified or has not thereafter diligently pursued perform any such correction to completion. Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereunderobligation.

Appears in 1 contract

Samples: Lease (Datawatch Corp)

Landlord’s Default. Landlord shall not be deemed to be in default in the performance of any of its obligations hereunder unless it shall fail to perform such obligations and unless within such failure shall continue for a period of thirty (30) days or such additional time as is reasonably required to correct any such default after written notice from has been given by Tenant to Landlord specifying such default the nature of Landlord's alleged default. Landlord has shall not commenced diligently be liable in any event for incidental or consequential damages to correct the default so specified Tenant by reason of Xxxxxxxx's default, whether or has not thereafter diligently pursued such correction to completion. Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereundernotice is given.

Appears in 1 contract

Samples: Oak Technology Inc

Landlord’s Default. Landlord shall not be deemed to in no event be in default in the performance of any of its Landlord’s obligations hereunder unless it and until Landlord shall fail have failed to perform such obligations and unless within thirty (30) days days, or such additional time as is reasonably required to correct any such default, after written notice from by Tenant to Landlord properly specifying such default wherein Landlord has not commenced diligently failed to correct perform any such obligation. It is the default so specified or has not thereafter diligently pursued such correction express understanding and agreement of the parties and a condition of Landlord’s agreement to completion. Tenant shall have no right, for any default by Landlord, to offset or counterclaim against any rent due hereunder.execute this Lease

Appears in 1 contract

Samples: Disturbance and Attornment Agreement (Aware Inc /Ma/)

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