Maintenance Default. In the event any Apartment Acquirer fails or neglects (the "Defaulter Apartment Acquirer") to pay any of the amounts payable for Maintenance (the "Maintenance Default Amount") within the stipulated time therefor or violates any of the Common Rules, then and in such an event:
Maintenance Default. In the event that the Owner shall be in default of this provision, the Owner hereby constitutes the Municipality as the Owner’s agent for maintenance of the Works which may include the removal of Works. The Municipality shall not be obliged to maintain any Works. On deciding to undertake such works, at its own discretion, the Municipality shall provide thirty (30) calendar days notice to the Owner of maintenance of any such Works in breach of this provision, unless the Municipality determines, at its own discretion that such maintenance is of an urgent or emergency nature, in which case no notice shall be required or given.
Maintenance Default. If Landlord fails to perform any repair or maintenance which is Landlord’s obligation under this Lease, or fails to perform Landlord’s obligations under Section 8.1(c) of the Lease, and such failure materially and adversely impacts Tenant’s use and enjoyment of the Premises for the Permitted Use (a “Repair Problem”), Tenant shall send Landlord a written notice detailing the nature of the Repair Problem (the “First Notice”). If such Repair Problem continues for 15 days after Landlord receives the First Notice, Tenant shall send a second notice which must state “SECOND AND FINAL REQUEST” at the top of the notice (the “Second Notice”). If the Repair Problem continues for 15 days after Landlord receives the Second Notice, Tenant may make such repairs or perform such maintenance at Tenant’s cost provided that Tenant shall be solely responsible for any damage or injury, or death caused by or arising therefrom. Any provision of this Section to the contrary notwithstanding, if Landlord commences repair of the Repair Problem within 15 days after receipt of the Second Notice and thereafter prosecutes such repair to completion with reasonable diligence, Landlord shall have a reasonable period after receipt of the Second Notice to complete the Repair Problem. All notices given to Landlord under this Section and elsewhere in this Lease must be given in accordance with the requirements set forth in Article 23. If Tenant complies with the provisions of this Section, upon Tenant’s completion of the Repair Problem Landlord shall (subject to Article 7 of this Lease and to the restrictions of this Section) pay Tenant’s reasonable out-of-pocket costs, for making such repairs or performing such maintenance promptly upon presentation of a bxxx therefor. Notwithstanding the foregoing, Tenant shall have no right (i) to undertake any action which would affect the Building Systems, (ii) to undertake any action which would affect the Building’s exterior walls, floor slabs, roof or structure, or (iii) to set off or deduct any amounts due from Landlord hereunder from the Fixed Rent or Additional Rent due under this Lease. Any provision of this Section 15.6 to the contrary notwithstanding, in the event of an emergency requiring repairs to the Emergency Power System, if Landlord does not promptly and diligently perform the repairs, Tenant’s self-help right under this Section shall apply to the Emergency Power System without the requirement of providing the First Notice or the Second Not...
Maintenance Default. In the event that the Owner shall be in default of this provision, the Owner hereby constitutes the Municipality as the Owner’s agent for maintenance of the Works which may include the removal of Works. The Municipality shall not be obliged to maintain any Works. On deciding to undertake such works, at its own discretion, the Municipality shall provide thirty (30) calendar days notice to the Owner of maintenance of any such Works in breach of this provision, unless the Municipality determines, at its own discretion that such maintenance is of an urgent or emergency nature, in which case no notice shall be required or given. The failure of the Municipality at any time to require performance by the Owner of the maintenance requirements of this Agreement, or to not itself undertake maintenance, shall in no way affect its right thereafter to enforce such obligation, or itself undertake maintenance of the Works.
Maintenance Default. In the event any Apartment Acquirer fails or neglects (the "Defaulter Apartment Acquirer") to pay any of the amounts payable for Maintenance (the "Maintenance Default Amount") within the stipulated time therefor or violates any of the Common Rules, then and in such an event: Interest: The Defaulter Apartment Acquirer shall pay interest at the rate of 15% (fifteen percent) per annum compounded monthly on the Maintenance Default Amount or any unpaid amount thereof till such time the entirety of the Maintenance Default Amount is paid.
