Common use of Multiple Defaults Clause in Contracts

Multiple Defaults. Any two (2) failures by Tenant to observe and perform any provision of this Lease during any twelve (12) month period of the term, as such may be extended, shall constitute, at the option of Landlord, a separate and non-curable default.

Appears in 2 contracts

Sources: Office Lease (Quotient Technology Inc.), Office Lease (Artisoft Inc)

Multiple Defaults. Any two three (23) failures by Tenant to observe and perform any a provision of this Lease during any twelve (12) month period of the term, as such may be extended, shall constitute, at the option of Landlord, a separate and non-curable noncurable default.; or

Appears in 1 contract

Sources: Lease Agreement (Concentric Medical Inc)