Common use of Landlord’s Right to Perform Clause in Contracts

Landlord’s Right to Perform. All terms, covenants and conditions of this --------------------------- Lease to be performed or observed by Tenant shall be performed or observed by Tenant, at Tenant's sole cost and expense, and without any reduction of Rent. If Tenant fails to pay any sum of money required to be paid by it hereunder or fails to perform or observe any other term hereunder on its part to be performed or observed, then Landlord may, at its option, without waiving or releasing Tenant from any obligation of Tenant hereunder, make any such payment, or perform or observe any such other term or act on Tenant's part to be performed or observed. All sums so paid by Landlord and all reasonably necessary costs of such performance or observation by Landlord together with interest thereon from the date incurred at the Interest Rate, shall be paid by Tenant to Landlord as Additional Rent, on demand, in which event and as to the same Landlord shall have the same rights and remedies against Tenant as in the case of nonpayment of Rent hereunder.

Appears in 2 contracts

Samples: Office Lease (Actuate Software Corp), Office Lease (Actuate Software Corp)

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Landlord’s Right to Perform. All terms, covenants and conditions of this --------------------------- Lease to be performed or observed by Tenant shall be performed or observed by Tenant, Tenant at Tenant's ’s sole cost and expense, expense and without any reduction of Rentrent. If Tenant fails shall fail to pay any sum of money required to be paid by it hereunder hereunder, or fails shall fail to perform or observe any other term hereunder on its part to be performed or observed, then including without limitation those obligations of Tenant contained in Section 9. Maintenance, Landlord may, at its option, without prior notice to Tenant and without waiving or releasing Tenant from any obligation of Tenant hereunder, thereafter make and continue to make any such payment, payment or perform or observe any such other term or act on Tenant's ’s part to be performed or observed. All sums so paid by Landlord and all reasonably necessary costs of such performance or observation by Landlord together with interest thereon from the date incurred at the Interest Rate, shall be paid due and payable by Tenant to Landlord as Additional Rentfrom the date incurred, on demand, in which event and as with respect to the same Landlord shall have the same rights and remedies against Tenant as in the case of nonpayment of Rent rent hereunder.

Appears in 2 contracts

Samples: Lease Agreement (Tintri, Inc.), Lease Agreement (Tintri, Inc.)

Landlord’s Right to Perform. All terms, covenants and conditions of this --------------------------- Lease to be performed or observed by Tenant shall be performed or observed by Tenant, Tenant at Tenant's ’s sole cost and expense, expense and without any reduction of Rentrent. If Tenant fails shall fail to pay any sum of money required to be paid by it hereunder hereunder, or fails shall fail to perform or observe any other term hereunder on its part to be performed or observed, then including without limitation those obligations of Tenant contained In Section 9. Tenant Maintenance, Landlord may, at its option, after three (3) days prior written notice to Tenant and without waiving or releasing Tenant from any obligation of Tenant hereunder, thereafter make and continue to make any such payment, payment or perform or observe any such other term or act on Tenant's ’s part to be performed or observed. All sums so paid by Landlord and all reasonably necessary costs of such performance or observation by Landlord together with interest thereon from the date incurred at the Interest Rate, shall be paid due and payable by Tenant to Landlord as Additional Rentfrom the date incurred, on demand, in which event and as with respect to the same Landlord shall have the same rights and remedies against Tenant as in the case of nonpayment of Rent rent hereunder.

Appears in 1 contract

Samples: Lease Agreement (Anda Networks Inc)

Landlord’s Right to Perform. All terms, covenants and conditions of this --------------------------- Lease to be performed or observed by Tenant shall be performed or observed by Tenant, Tenant at Tenant's ’s sole cost and expense, expense and without any reduction of Rentrent. If Tenant fails shall fail to pay any sum of money required to be paid by it hereunder hereunder, or fails shall fail to perform or observe any other term hereunder on its part to be performed or observed, then including without limitation those obligations of Tenant contained in Section 9. Tenant Maintenance, Landlord may, at its option, without prior notice to Tenant and without waiving or releasing Tenant from any obligation of Tenant hereunder, thereafter make and continue to make any such payment, payment or perform or observe any such other term or act on Tenant's ’s part to be performed or observed. All sums so paid by Landlord and all reasonably necessary costs of such performance or observation by Landlord together with interest thereon from the date incurred at the Interest Rate, shall be paid due and payable by Tenant to Landlord as Additional Rentfrom the date incurred, on demand, in which event and as with respect to the same Landlord shall have the same rights and remedies against Tenant as in the case of nonpayment of Rent rent hereunder.

Appears in 1 contract

Samples: Lease Agreement (Advanced Analogic Technologies Inc)

Landlord’s Right to Perform. All terms, covenants and conditions of this --------------------------- Lease to be performed or observed by Tenant shall be performed or observed by Tenant, Tenant at Tenant's sole cost and expense, expense and without any reduction of Rent. If Tenant fails shall fail to pay any sum of money required to be paid by it hereunder or fails shall fail to perform or observe any other term hereunder on its part to be performed or observed, then Landlord may, at its option, without waiving or releasing Tenant from any obligation of Tenant hereunder, make any such payment, payment or perform or observe any such other term or act on Tenant's part to be performed or observed. All sums so paid by Landlord and all reasonably necessary costs of such performance or observation by Landlord together with interest thereon from the date incurred at the Interest Ratemaximum rate an individual is permitted by law to charge, shall be paid by Tenant to Landlord as Additional Rent, Rent on demand, in which event and as to the same Landlord shall have the same rights and remedies against Tenant as in the case of nonpayment of Rent hereunder.

Appears in 1 contract

Samples: Office Lease (Hall Kinion & Associates Inc)

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Landlord’s Right to Perform. All terms, covenants and conditions of this --------------------------- Lease to be performed or observed by Tenant shall be performed or observed by Tenant, at Tenant's sole cost and expense, and without any reduction of Rent. If Tenant fails to pay any sum of money required to be paid by it hereunder or fails to perform or observe any other term hereunder on its part to be performed or observed, then Landlord may, at its option, without waiving or releasing Tenant from any obligation of Tenant hereunder, make any such payment, or perform or observe any such other term or act on Tenant's part to be performed or observed. All sums so paid by Landlord and all reasonably necessary costs of such performance or observation by Landlord together with interest thereon from the date incurred at the Interest Rate, shall be paid by Tenant to Landlord as Additional Rent, on demand, in which event and as to the same Landlord shall have the same rights and remedies against Tenant as in the case of nonpayment of Rent hereunder.

Appears in 1 contract

Samples: Office Lease (Niku Corp)

Landlord’s Right to Perform. All terms, covenants and conditions of this --------------------------- Lease to be performed or observed by Tenant shall be performed or observed by Tenant, Tenant at Tenant's sole cost and expense, expense and without any reduction of Rentrent. If Tenant fails shall fail to pay any sum of money required to be paid by it hereunder hereunder, or fails shall fail to perform or observe any other term hereunder on its part to be performed or observed, then including without limitation those obligations of Tenant contained in Section 9. Tenant Maintenance, Landlord may, at its option, without prior notice to Tenant and without waiving or releasing Tenant from any obligation of Tenant hereunder, thereafter make and continue to make any such payment, payment or perform or observe any such other term or act on Tenant's part to be performed or observed. All sums so paid by Landlord and all reasonably necessary costs of such performance or observation by Landlord together with interest thereon from the date incurred at the Interest Rate, shall be paid due and payable by Tenant to Landlord as Additional Rentfrom the date incurred, on demand, in which event and as with respect to the same Landlord shall have the same rights and remedies against Tenant as in the case of nonpayment of Rent rent hereunder.

Appears in 1 contract

Samples: Lease Agreement (Aspec Technology Inc)

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