Common use of Lessor's Default Clause in Contracts

Lessor's Default. Section 8.03. (a) Lessor shall be in default if it fails or refuses to perform any provision of this Lease that it is obligated to perform and such failure continues for thirty (30) days after written notice thereof from Lessee detailing such failure. Notwithstanding the foregoing, if Lessor cannot reasonably cure such default within thirty (30) days, Lessor shall not be in default hereunder so long as Lessor commences to cure the default within such thirty (30) day period and thereafter diligently and in good faith pursues such cure to completion.

Appears in 4 contracts

Samples: Lease Agreement (Interhealth Facility Transport, Inc.), Lease Agreement (Interhealth Facility Transport, Inc.), Lease Agreement (Interhealth Facility Transport, Inc.)

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