{"component": "clause", "props": {"groups": [{"snippet": "(a) Tenant acknowledges that any rights or options of first refusal, or to extend the Term, to expand the size of the Premises, to purchase the Premises or the Building, or other such or similar rights or options which have been granted to Tenant under this Lease are conditioned upon the prompt and diligent performance of the terms of this Lease by Tenant. Accordingly, should Tenant default under this Lease on two (2) or more occasions during any twelve (12) month period, in addition to all other remedies available to Landlord, all such rights and options shall automatically, and without further action on the part of any party, expire and be deemed canceled and of no further force and effect.\n(b) Should Tenant default in the payment of Base Rent, Additional Rent, or any other sums payable by Tenant under this Lease on two (2) or more occasions during any twelve (12) month period, regardless of whether any such default is cured, then, in addition to all other remedies otherwise available to Landlord, Tenant shall, within ten (10) days after demand by Landlord, post a security deposit in, or increase the existing Security Deposit by, a sum equal to three (3) months\u2019 installments of Base Rent. Any security deposit posted pursuant to the foregoing sentence shall be governed by Section 22 below.\n(c) Should Tenant default under this Lease on two (2) or more occasions during any twelve (12) month period, in addition to all other remedies available to Landlord, any notice requirements or cure periods otherwise set forth in this Lease with respect to a default by Tenant shall not apply.", "samples": [{"hash": "5Ys2htJcSLC", "uri": "/contracts/5Ys2htJcSLC#multiple-defaults", "label": "Net Lease (nFinanSe Inc.)", "score": 21.0, "published": true}, {"hash": "jhAQNVxy78J", "uri": "/contracts/jhAQNVxy78J#multiple-defaults", "label": "Office Lease (Global Axcess Corp)", "score": 20.0732383728, "published": true}, {"hash": "joRguQYgrdr", "uri": "/contracts/joRguQYgrdr#multiple-defaults", "label": "Office Lease (Global Axcess Corp)", "score": 19.0, "published": true}], "snippet_links": [{"key": "rights-or-options", "type": "definition", "offset": [33, 50]}, {"key": "first-refusal", 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Accordingly, should Tenant, on three or more occasions during any 12-month period, (a) fail to pay any installment of Rent within ten (10) days of the due date; or (b) otherwise materially default under this Lease, then, in addition to all other remedies available to Landlord, all such rights and options shall automatically, and without further action on the part of any party, expire and be deemed canceled and of no further force and effect.", "samples": [{"hash": "jiCw1LUUPKU", "uri": "/contracts/jiCw1LUUPKU#multiple-defaults", "label": "Lease Agreement (Protective Products of America, Inc.)", "score": 21.0, "published": true}, {"hash": "4yADBiJlXYQ", "uri": "/contracts/4yADBiJlXYQ#multiple-defaults", "label": "Lease Agreement (Protective Products of America, Inc.)", "score": 21.0, "published": true}], "snippet_links": [{"key": "rights-or-options", "type": "definition", "offset": [29, 46]}, {"key": "first-refusal", "type": "clause", "offset": [50, 63]}, {"key": "to-extend", "type": 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one (1) time within any twelve-month period, irrespective of whether or not such default is cured, then, without limiting Landlord\u2019s other rights and remedies provided for in this Lease or at law or equity, the Security Deposit shall automatically be increased by two (2) times the original Security Deposit.", "samples": [{"hash": "3yBy5hKzX4", "uri": "/contracts/3yBy5hKzX4#multiple-defaults", "label": "Industrial Real Estate Lease (SeaSpine Holdings Corp)", "score": 26.4127311707, "published": true}, {"hash": "kF5GWGgFc9J", "uri": "/contracts/kF5GWGgFc9J#multiple-defaults", "label": "Industrial Real Estate Lease (Isotis Sa)", "score": 19.0, "published": true}], "snippet_links": [{"key": "if-tenant", "type": "clause", "offset": [0, 9]}, {"key": "under-this-lease", "type": "clause", "offset": [24, 40]}, {"key": "cure-periods", "type": "definition", "offset": [63, 75]}, {"key": "without-limiting-landlord", "type": "clause", "offset": [191, 216]}, {"key": "other-rights-and-remedies", "type": "clause", "offset": [219, 244]}, {"key": "in-this-lease", "type": "clause", "offset": [258, 271]}, {"key": "the-security-deposit", "type": "definition", "offset": [293, 313]}, {"key": "increased-by", "type": "clause", "offset": [337, 349]}, {"key": "original-security", "type": "definition", "offset": [368, 385]}], "size": 4, "hash": "8592d3dc22a0997a17033c7772b16f8c", "id": 4}, {"snippet": "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 noncurable default. Any written notice of default sent by Landlord to Tenant shall be in lieu of, and not in addition to, any termination notice required under applicable statutory or regulatory provisions (and no further notice shall be required should Landlord elect to terminate this Lease as set forth below).", "samples": [{"hash": "ct1md2tWFhd", "uri": "/contracts/ct1md2tWFhd#multiple-defaults", "label": "Lease Agreement (Miramar Labs, Inc.)", "score": 27.7843933105, "published": true}, {"hash": "3ryc4tmHIaM", "uri": "/contracts/3ryc4tmHIaM#multiple-defaults", "label": "Lease Agreement (Miramar Labs, Inc.)", "score": 27.4476394653, "published": true}, {"hash": "aU9AsfYXPzV", "uri": "/contracts/aU9AsfYXPzV#multiple-defaults", "label": "Lease (COUPONS.com Inc)", "score": 25.0821361542, "published": true}], "snippet_links": [{"key": "by-tenant", "type": "definition", "offset": [21, 30]}, {"key": "provision-of", "type": "clause", "offset": [58, 70]}, {"key": "period-of-the-term", "type": "clause", "offset": [111, 129]}, {"key": "the-option", "type": "clause", "offset": [177, 187]}, {"key": "of-landlord", "type": "clause", "offset": [188, 199]}, {"key": "a-separate", "type": "definition", "offset": [201, 211]}, {"key": "noncurable-default", "type": "definition", "offset": [216, 234]}, {"key": "written-notice-of-default", "type": "clause", "offset": [240, 265]}, {"key": "tenant-shall", "type": "clause", "offset": [286, 298]}, {"key": "in-lieu-of", "type": "clause", "offset": [302, 312]}, {"key": "in-addition-to", "type": "clause", "offset": [322, 336]}, {"key": "notice-required", "type": "clause", "offset": [354, 369]}, {"key": "regulatory-provisions", "type": "clause", "offset": [400, 421]}, {"key": "further-notice", "type": "clause", "offset": [430, 444]}, {"key": "terminate-this-lease", "type": "clause", "offset": [488, 508]}], "size": 3, "hash": "2d2327e64b47d84476d1f23cf3cc8c18", "id": 6}, {"snippet": "(1) Tenant acknowledges that any rights or options of first refusal, or to extend the Lease Term, to expand the size of the Premises, to delete space from the Premises, to purchase the Premises or the Building, or other similar rights or options that have been granted to Tenant under this Lease are conditioned on the prompt and diligent performance of the terms of this Lease by Tenant. Accordingly, should Tenant, on three or more occasions during any 12 month period, (i) fail to pay any installment of rent within five days of the due date beyond any notice period and right to cure; or (ii) otherwise default under this Lease; beyond any notice period and right to cure in addition to all other remedies available to Landlord, all such rights and options shall automatically, and without further action on the part of any party, expire and be deemed canceled and of no further force and effect.\n(2) Should Tenant default in the payment of rent on two (2) or more occasions during any six (6) month period, regardless of whether the default is cured, then, in addition to all other remedies otherwise available to Landlord, Tenant shall, within ten days after demand by Landlord, post an increase in the existing Security Deposit to two months\u2019 installments of Base Rent. Any security deposit posted under the foregoing sentence shall be governed by the Security Deposit section of this Lease.", "samples": [{"hash": "dFXIEuBADkw", "uri": "/contracts/dFXIEuBADkw#multiple-defaults", "label": "Lease Agreement", "score": 31.3408622742, "published": true}, {"hash": "c8YtXbvYTGs", "uri": "/contracts/c8YtXbvYTGs#multiple-defaults", "label": "Office Lease", "score": 31.3408622742, "published": true}, {"hash": "cnnKaGSGIwv", "uri": "/contracts/cnnKaGSGIwv#multiple-defaults", "label": "Office Lease (Summit Financial Services Group Inc)", "score": 21.0, "published": true}], "snippet_links": [{"key": "rights-or-options", "type": "definition", "offset": [33, 50]}, {"key": "first-refusal", "type": "clause", "offset": [54, 67]}, {"key": "to-extend", "type": "clause", "offset": [72, 81]}, {"key": "the-lease-term", "type": "clause", "offset": [82, 96]}, {"key": "size-of-the-premises", "type": "clause", "offset": [112, 132]}, {"key": "the-building", "type": "clause", "offset": [197, 209]}, {"key": "to-tenant", "type": "definition", "offset": [269, 278]}, {"key": "under-this-lease", "type": "clause", "offset": [279, 295]}, {"key": "diligent-performance", "type": "clause", "offset": [330, 350]}, {"key": "terms-of", "type": "definition", "offset": [358, 366]}, {"key": "lease-by-tenant", "type": "clause", "offset": [372, 387]}, {"key": "should-tenant", "type": "definition", "offset": [402, 415]}, {"key": "to-pay", "type": "clause", "offset": [481, 487]}, {"key": "five-days", "type": "definition", "offset": [519, 528]}, {"key": "due-date", "type": "definition", "offset": [536, 544]}, {"key": "notice-period", "type": "definition", "offset": [556, 569]}, {"key": "right-to-cure", "type": "definition", "offset": [574, 587]}, {"key": "default-under", "type": "clause", "offset": [607, 620]}, {"key": "in-addition-to", "type": "clause", "offset": [676, 690]}, {"key": "to-landlord", "type": "clause", "offset": [720, 731]}, {"key": "rights-and-options", "type": "clause", "offset": [742, 760]}, {"key": "further-action", "type": "clause", "offset": [794, 808]}, {"key": "force-and-effect", "type": "clause", "offset": [883, 899]}, {"key": "tenant-default", "type": "definition", "offset": [912, 926]}, {"key": "payment-of-rent", "type": "clause", "offset": [934, 949]}, {"key": "otherwise-available", "type": "definition", "offset": [1096, 1115]}, {"key": "tenant-shall", "type": "clause", "offset": [1129, 1141]}, {"key": "days-after", "type": "definition", "offset": [1154, 1164]}, {"key": "by-landlord", "type": "clause", "offset": [1172, 1183]}, {"key": "existing-security", "type": "definition", "offset": [1209, 1226]}, {"key": "base-rent", "type": "clause", "offset": [1266, 1275]}, {"key": "the-foregoing", "type": "definition", "offset": [1311, 1324]}, {"key": "the-security-deposit", "type": "definition", "offset": [1355, 1375]}], "size": 4, "hash": "d3556aa3b4c9677e4d744091bd7d64fe", "id": 3}, {"snippet": "a. Loss of Option Rights", "samples": [{"hash": "8t7kZfmkDdm", "uri": "/contracts/8t7kZfmkDdm#multiple-defaults", "label": "Office Lease (G1 Therapeutics, Inc.)", "score": 28.2799453735, "published": true}, {"hash": "b4hbstmzdU9", "uri": "/contracts/b4hbstmzdU9#multiple-defaults", "label": "Office Lease (G1 Therapeutics, Inc.)", "score": 28.107460022, "published": true}], "snippet_links": [{"key": "loss-of-option-rights", "type": "clause", "offset": [3, 24]}], "size": 3, "hash": "c9021820ae080383be09fc4623ca9d71", "id": 8}, {"snippet": "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.", "samples": [{"hash": "1jYOi0xbzXb", "uri": "/contracts/1jYOi0xbzXb#multiple-defaults", "label": "Office Lease (Quotient Technology Inc.)", "score": 31.1656398773, "published": true}, {"hash": "5pr9wcnUfc2", "uri": "/contracts/5pr9wcnUfc2#multiple-defaults", "label": "Office Lease (Artisoft Inc)", "score": 21.0, "published": true}], "snippet_links": [{"key": "by-tenant", "type": "definition", "offset": [21, 30]}, {"key": "provision-of", "type": "clause", "offset": [58, 70]}, {"key": "period-of-the-term", "type": "clause", "offset": [111, 129]}, {"key": "the-option", "type": "clause", "offset": [177, 187]}, {"key": "of-landlord", "type": "clause", "offset": [188, 199]}, {"key": "a-separate", "type": "definition", "offset": [201, 211]}, {"key": "curable-default", "type": "definition", "offset": [220, 235]}], "size": 3, "hash": "cf0584d2fd1284bbb9eb9812307fb883", "id": 9}, {"snippet": "Tenant acknowledges that any rights or options of first refusal, or to extend the Lease Term, to expand the size of the Premises, to purchase the Premises or the Building Project, or other such or similar rights or options which have been granted to Tenant under this Lease are conditioned upon the prompt and diligent performance of the monetary terms of this Lease by Tenant. Accordingly, should Tenant commit three or more Monetary Defaults during any 12 month period, in addition to all other remedies available to Landlord, all such rights and options shall automatically, and without further action on the part of any party, expire and be deemed canceled and of no further force and effect.", "samples": [{"hash": "igj2rf4NJtc", "uri": "/contracts/igj2rf4NJtc#multiple-defaults", "label": "Commercial Lease (Barpoint Com Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "rights-or-options", "type": "definition", "offset": [29, 46]}, {"key": "first-refusal", "type": "clause", "offset": [50, 63]}, {"key": "to-extend", "type": "clause", "offset": [68, 77]}, {"key": "the-lease-term", "type": "clause", "offset": [78, 92]}, {"key": "size-of-the-premises", "type": "clause", "offset": [108, 128]}, {"key": "building-project", "type": "definition", "offset": [162, 178]}, {"key": "to-tenant", "type": "definition", "offset": [247, 256]}, {"key": "under-this-lease", "type": "clause", "offset": [257, 273]}, {"key": "diligent-performance", "type": "clause", "offset": [310, 330]}, {"key": "terms-of", "type": "definition", "offset": [347, 355]}, {"key": "lease-by-tenant", "type": "clause", "offset": [361, 376]}, {"key": "should-tenant", "type": "definition", "offset": [391, 404]}, {"key": "monetary-defaults", "type": "clause", "offset": [426, 443]}, {"key": "in-addition-to", "type": "clause", "offset": [472, 486]}, {"key": "to-landlord", "type": "clause", "offset": [516, 527]}, {"key": "rights-and-options", "type": "clause", "offset": [538, 556]}, {"key": "further-action", "type": "clause", "offset": [590, 604]}, {"key": "force-and-effect", "type": "clause", "offset": [679, 695]}], "size": 3, "hash": "eb352c53346e361b23650096c917b4ce", "id": 10}], "next_curs": "CloSVGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjYLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhptdWx0aXBsZS1kZWZhdWx0cyMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"title": "Multiple Defaults", "parents": [["default", "Default"], ["definition", "Definition"], ["permits", "Permits"], ["default-and-remedies", "Default and Remedies"], ["events-of-tenants-default", "Events of Tenant\u2019s Default"]], "children": [["loss-of-option-rights", "Loss of Option Rights"], ["increased-security-deposit", "Increased Security Deposit"], ["effect-on-notice-rights-and-cure-periods", "Effect on Notice Rights and Cure Periods"], ["", ""], ["bankruptcy", "BANKRUPTCY"]], "size": 71, "id": "multiple-defaults", "related": [["specific-defaults", "Specific Defaults", "Specific Defaults"], ["payment-defaults", "Payment Defaults", "Payment Defaults"], ["default-events", "Default Events", "Default Events"], ["automatic-defaults", "Automatic Defaults", "Automatic Defaults"], ["covenant-defaults", "Covenant Defaults", "Covenant Defaults"]], "related_snippets": [], "updated": "2025-07-24T04:27:51+00:00", "also_ask": ["How can 'Multiple Defaults' clauses be leveraged to accelerate remedies or termination?", "What essential elements must be included to ensure enforceability of a Multiple Defaults clause?", "What are the main risks if defaults are not clearly defined or distinguished in this clause?", "How do courts interpret cumulative versus independent defaults under similar clauses?", "What negotiation strategies can limit exposure to disproportionate consequences from minor defaults?"], "drafting_tip": "List all events constituting default to prevent interpretive gaps; specify consequences for each default to ensure clarity; cross-reference related clauses to avoid inconsistency.", "explanation": "The \"Multiple Defaults\" clause defines how a contract addresses situations where more than one default event occurs, either simultaneously or in succession. It typically outlines the rights and remedies available to the non-defaulting party when multiple breaches or failures to perform contractual obligations happen, such as missed payments and failure to deliver goods. By specifying the treatment of overlapping or repeated defaults, this clause ensures that the non-defaulting party can respond appropriately without waiving rights or remedies, thereby providing clarity and preventing disputes over how multiple breaches are handled."}, "json": true, "cursor": ""}}