Common use of Notice of Landlord’s Default Clause in Contracts

Notice of Landlord’s Default. In the event of any alleged default in the obligation of Landlord under this Lease, Tenant will deliver to Landlord written notice and Landlord will have thirty (30) days following receipt of such notice to cure such alleged default or, in the event the alleged default cannot reasonably be cured within a thirty (30) day period, to commence action to cure such alleged default. A copy of such notice will be sent to any holder of a mortgage or other encumbrance on the Business Center or the Premises of which Tenant has been notified in writing, and such holder will also have the same time periods to cure such alleged default.

Appears in 1 contract

Samples: Business Center Lease (Ion Networks Inc)

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Notice of Landlord’s Default. In the event of any alleged default in the obligation of Landlord under this Lease, Tenant will deliver to Landlord written notice listing the reasons for Landlord's default and Landlord will have thirty (30) 30 days following receipt of such notice to cure such alleged default or, in the event the alleged default cannot reasonably be cured within a thirty (30) 30 day period, to commence action and proceed diligently to cure such alleged default. A copy of such notice to Landlord will be sent to any holder of a mortgage or other encumbrance on the Business Center or the Premises Building of which Tenant has been notified in writing, and any such holder will also have the same time periods to cure such alleged default.

Appears in 1 contract

Samples: Lease Agreement (Gilman & Ciocia Inc)

Notice of Landlord’s Default. In the event of any alleged default in the obligation of Landlord under this Lease, Tenant will deliver to Landlord written notice and Landlord will have thirty (30) days following receipt of such notice to cure such alleged default or, in the event of the alleged default cannot reasonably be cured within a thirty (30) day period, to commence action to cure such alleged default. A copy of such notice will be sent to any holder of a mortgage or other encumbrance on the Business Center Mall or the Premises of which Tenant has been notified in writing, and such holder will also have the same time periods to cure such alleged default.

Appears in 1 contract

Samples: Lease Agreement (Fields Technologies Inc)

Notice of Landlord’s Default. In the event of any alleged default in the obligation of Landlord under this Lease, Tenant will deliver to Landlord written notice listing the reasons for Landlord’s default and Landlord will have thirty (30) 30 days following receipt of such notice to cure such alleged default or, in the event the alleged default cannot reasonably be cured within a thirty (30) -day period, to commence action and proceed diligently to cure such alleged default. A copy of such notice to Landlord will be sent to any holder of a mortgage or other encumbrance on the Business Center or the Premises Building of which Tenant has been notified in writing, and any such holder will also have the same time periods to cure such alleged default.

Appears in 1 contract

Samples: Lease Agreement (Capstone Financial Group, Inc.)

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Notice of Landlord’s Default. In the event of any alleged default in the obligation of the Landlord under this Leaselease, Tenant will deliver to Landlord written notice listing the reasons for Landlord's default and Landlord will have thirty (30) 30 days following receipt of such notice to cure such alleged default or, in the event the alleged default cannot reasonably be cured within a thirty (30) 30 day period, to commence action and proceed diligently to cure such alleged default. A copy of such notice to Landlord will be sent to any holder of a mortgage or other encumbrance on the Business Center building or the Premises project of which Tenant has been notified in writing, and any such holder will also have the same time periods to cure such alleged default. If any such default remains uncured Tenant has the right at it's election to cure such default at Landlord's expense with prior written notification given to Landlord.

Appears in 1 contract

Samples: Mechanical Technology Inc

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