Lessor’s Right to Cure Default. If Lessee shall fail to pay any sum of money, other than Rent, or shall fail to perform any other act on its part to be performed hereunder, Lessor may, but shall not be obligated to, and without waiving or releasing Lessee from any obligations of Lessee, make any such payment or perform any such act on Lessee’s part to be made or performed as in this Lease provided, all sums to be paid by Lessor and all of Lessor’s incidental costs shall be deemed Additional Rent hereunder and shall be payable to Lessor upon demand.
Lessor’s Right to Cure Default. In the event Lessee shall fail to pay and discharge or cause to be paid and discharged, when due and payable, any tax, assessment or other charge upon or in connection with the Premises, or any lien or claim for labor or material employed or used in or any claim for damages arising out of the construction, repair, restoration, replacement, maintenance and use of the Land and the Improvements, or any judgment on any contested lien or claim, or any insurance premium or expense in connection with the Land and the Improvements, or any other claim, charge or demand which Lessee has agreed to pay or cause to be paid under the covenants and conditions of this Lease, and if Lessee, after fifteen (15) days’ written notice from Lessor to do so, shall fail to pay and discharge the same, then Lessor may, but shall not be obligated to, at its option, pay any such tax, assessment, insurance expense, lien, claim, charge or demand, or settle or discharge any action therefor, or judgment thereon, and all costs, expenses and other sums incurred or paid by Lessor in connection with any of the foregoing, shall be paid by Lessee to Lessor upon demand, together with interest thereon at the Default Rate from the date incurred or paid, and any default in such repayment shall constitute a breach of the covenants and conditions of this Lease. There are no third party beneficiaries to this Section 15.2 or any other provision or language of this Lease, whether named herein or not.
Lessor’s Right to Cure Default. If Lessee shall be in default in the performance of any covenant on its part to be performed under this Lease, then, after notice and without waiving or releasing Lessee from the performance thereof, Lessor may, but shall not be obligated so to do, perform any such covenant, and, in exercising any such right, pay necessary and incidental costs and expenses in connection therewith. All sums so paid by Lessor, together with interest thereon at the rate of ten percent (10%) per annum, shall be deemed additional rent and shall be payable to Lessor on the next rent-paying day.
Lessor’s Right to Cure Default. Should Lessee fail to make any payment or to do any act as provided in this Lease, Lessor shall have the right, but not the obligation, without notice to or demand on Lessee, and without releasing Lessee from any obligation under this Lease, to make or to do the same, and to pay, purchase, contest, or compromise any encumbrance, charge, or lien that, in the reasonable judgment of Lessor, appears to affect the Property, and, in exercising any such right, incur any liability and expend reasonable amounts it may believe necessary. All expenses so incurred by Lessor shall be, without demand, immediately due and payable by Lessee. Lessor’s exercise of its rights under this Section 20(C) shall be without prejudice to Lessor’s right to terminate this Lease for any default of this Lease, as provided in Section 20(A) above, including any default cured by Lessor pursuant to this Section 20(C).
Lessor’s Right to Cure Default. Lessor, at any time after Lessee commits a default, can cure the default at Lessee’s cost. If Lessor at any time, by reason of Lessee’s default, pays any sum or does any act that requires the payment of any sum, the sum paid by Lessor shall be due immediately from Lessee to Lessor at the time the sum is paid, and if paid at a later date shall bear interest at the maximum rate an individual is permitted by law to charge from the date the sum is paid by Lessor until Lessor is reimbursed by Lessee. The sum, together with interest on it, shall be additional rent. Rent not paid when due shall bear interest at the maximum rate an individual is permitted by law to charge from the date due until paid.
Lessor’s Right to Cure Default. Lessee shall be deemed to be in material default under this Lease if there is a default under any Leasehold Encumbrance and Lessee shall fail to cure such default within the period provided under the instruments evidencing the Leasehold Encumbrance. In the event of such default, including the nonpayment of money under any Leasehold Encumbrance, Lessor shall have the right to cure the same during the period provided under any such Leasehold Encumbrance, or by Law, and if not reimbursed by Lessee for all advances, costs and expenses of Lessor in connection with the curing of such default within such period, Lessor shall further have the right to continue to keep and maintain any such Leasehold Encumbrance in good standing, and, in which event, Lessor may, at its option, upon the expiration of the original period within which said non-payment default is to be cured, declare Lessee to be in default under this Lease. Lessor shall be subrogated to Lessee's position and Lessor shall be entitled to exercise the remedies provided in Article 13 for any default described in this Section 7.2.
Lessor’s Right to Cure Default. If the Lessee at any time or from time to time shall fail to perform any of the covenants, agreements or conditions on the part of the Lessee to be performed hereunder, other than the payment of rent, and has failed to cure or remedy said breach within thirty (30) days of written notice thereof given to it by the said Lessor, the Lessor may, but shall not be compelled to, pay such sum of money as will effect performance and observance of the covenant, agreement or condition with respect to which such failure upon the part of the Lessee has occurred, and in any and such events any sum or sums of money paid by the Lessor shall be added to the rent and be deemed to be a part thereof and shall be payable forthwith as such to the Lessor.
Lessor’s Right to Cure Default. Upon the ccurrence of an Event of Default, and at any time thereafter during the continuance of any Event of Default, Lessor may (without any requirement of giving notice to Lessee) take whatever steps may be necessary to cure any and all such Events of Default. Such action on Lessor's part may in no event be construed as a waiver by Lessor of any of Lessee's obligations under this Lease. All sums expended by Lessor in curing any and all such Events of Default (including reasonable attorneys' fees and related legal costs), together with interest thereon at the maximum legal rate per annum from the date of the making of any such expenditure to the date of repayment thereof to Lessor, shall be deemed Additional Rent and shall be payable to Lessor then days after written demand therefor given the Lessee.
Lessor’s Right to Cure Default. Lessor may, but shall not be obligated to, cure at any time, without notice, any default by Lessee under this Lease; whenever Lessor so elects, all costs and expenses incurred by Lessor in curing a default, including without limitation reasonable attorney fees, together with interest on the amount of costs and expenses so incurred at the rate of fifteen percent (15%) per annum, shall be paid by the Lessee to the Lessor on demand.
Lessor’s Right to Cure Default. Lessor shall not be in default under this Lease Agreement unless Lessor fails to perform its obligation within ten (10) days after notice by Lessee specifying where Lessor has failed to perform. If the nature of Lessor's obligation is such that more than ten (10) days are required to perform, Lessor shall not be in default if Lessor commences performance within ten (10) days of Lessee's notice and thereafter pursues performance with due diligence.
