Common use of Payment Default Clause in Contracts

Payment Default. Tenant’s failure to pay Rent within five days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one or more occasions;

Appears in 9 contracts

Samples: Lease Agreement (Cross Country Healthcare Inc), Lease Agreement (Signing Day Sports, Inc.), Lease Agreement (Mimecast LTD)

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Payment Default. Tenant’s 's failure to pay Rent within five days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one or more occasions;

Appears in 7 contracts

Samples: Lease Agreement (Cardionet Inc), Security Agreement (Biomira Inc), Iv Lease (Biomira CORP)

Payment Default. Tenant’s failure to pay Rent within five days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one two or more occasions;

Appears in 5 contracts

Samples: Lease Agreement (Veracyte, Inc.), Lease Agreement (Veracyte, Inc.), Lease Agreement (Veracyte, Inc.)

Payment Default. Tenant’s failure to pay Rent within five business days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one two or more occasions;

Appears in 3 contracts

Samples: Lease Agreement (Ciena Corp), Purchase and Sale Agreement (Polarityte, Inc.), Lease Agreement (Ciena Corp)

Payment Default. Tenant’s failure to pay Rent within five business days after Landlord Lxxxxxxx has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one two or more occasions;

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Polarityte, Inc.), Lease Agreement (Polarityte, Inc.)

Payment Default. Tenant’s failure to pay Rent within five (5) calendar days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant and written notice of said failure has been delivered to pay Rent on one or Tenant, provided that Landlord shall not be required to give written notice more occasionsthan two (2) times during any calendar year;

Appears in 2 contracts

Samples: Office Lease Agreement (Dermavant Sciences LTD), Office Lease Agreement (Dermavant Sciences LTD)

Payment Default. Tenant’s 's failure to pay Rent within five (5) days after Landlord has delivered written notice to Tenant that the same is past due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one or more two (2) occasions;

Appears in 2 contracts

Samples: Lease Agreement (Airvana Inc), Lease Agreement (Airvana Inc)

Payment Default. Tenant’s failure to pay Rent within five days after Landlord has delivered written notice to Tenant that the same is duedue (any such notice shall be in lieu of, and not in addition to, any notice required under NRS Section 40.253 or any similar or successor law); however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one two or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Cleanspark, Inc.)

Payment Default. Tenant’s failure to pay Rent within five (5) days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 twelve (12) month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one two or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Omega Protein Corp)

Payment Default. Tenant’s 's failure to pay Rent within five business days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one two or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Daisytek International Corporation /De/)

Payment Default. Tenant’s failure to pay Rent within five days after Landlord has delivered written notice to Tenant that the same is duedue which written notice shall run concurrent with any notice required by law, including pursuant to C.R.S. § 00-00-000; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Dicerna Pharmaceuticals Inc)

Payment Default. Tenant’s failure to pay Rent within five days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 twelve (12) month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one (1) or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Solyndra, Inc.)

Payment Default. Tenant’s 's failure to pay Rent within five (5) business days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 12-month interval preceding such failure, Landlord has half given Tenant one (1) written notice of failure to pay Rent on one or more occasionsRent;

Appears in 1 contract

Samples: Lease Agreement (Ciena Corp)

Payment Default. Tenant’s 's failure to pay Rent within five days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 12-month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one two (2) or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Blucora, Inc.)

Payment Default. Tenant’s failure to pay Rent within five (5) days after Landlord has delivered written notice to Tenant that the same is past due; provided however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, on more than two (2) occasions during the 12 any twelve (12) month interval preceding such failureperiod, Landlord has given shall not be required to give Tenant written notice of any failure to pay Rent on one or more occasionsand an Event of Default shall have occurred if Tenant fails to pay Rent when due;

Appears in 1 contract

Samples: Lease Agreement (Online Resources Corp)

Payment Default. Tenant’s 's failure to pay Rent within five (5) days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent under this Section 17.1 on one or more occasionsoccasion during the twelve (12) month interval preceding such failure by Tenant;

Appears in 1 contract

Samples: Lease Agreement (Beyond Com Corp)

Payment Default. Tenant’s failure to pay Rent within five days after Landlord has delivered written notice to Tenant that the same is due; : however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Akoustis Technologies, Inc.)

Payment Default. Tenant’s 's failure to pay Rent within five 5 days after --------------- Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Verisity LTD)

Payment Default. Tenant’s failure to pay Rent within five business days after Landlord Xxxxxxxx has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one or more occasions;

Appears in 1 contract

Samples: Deed of Lease Agreement (Evolent Health, Inc.)

Payment Default. Tenant’s failure to pay Rent within five (5) days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month twelve (12)-month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one two (2) or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Avalara Inc)

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Payment Default. Tenant’s failure to pay Rent within five ten days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Dirtt Environmental Solutions LTD)

Payment Default. Tenant’s 's failure to pay Rent within five business days of the date due, which failure continues for five days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when within five business days of the date due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Aeglea BioTherapeutics, Inc.)

Payment Default. Tenant’s 's failure to pay Rent within five --------------- business days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Tenfold Corp /Ut)

Payment Default. Tenant’s 's failure to pay Rent within five ten days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on more than one or more occasionsoccasion;

Appears in 1 contract

Samples: Lease Agreement (Taysha Gene Therapies, Inc.)

Payment Default. Tenant’s 's failure to pay Rent within five 5 days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Virtusa Corp)

Payment Default. Tenant’s failure to pay Rent within five (5) days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month twelve (12)-month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one (1) or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Hipcricket, Inc.)

Payment Default. Tenant’s failure to pay Rent within five (5) days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month twelve (12)-month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one (1) or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Glu Mobile Inc)

Payment Default. Tenant’s failure to pay Rent within five three (3) business days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Advanced Medical Optics Inc)

Payment Default. Tenant’s 's failure to pay Rent within five (5) days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one two (2) or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Alco Stores Inc)

Payment Default. Tenant’s failure to pay Rent within five days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 12-month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one two or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Rocket Companies, Inc.)

Payment Default. Tenant’s failure to pay Rent within five (5) days after Landlord has delivered written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Shattuck Labs, Inc.)

Payment Default. Tenant’s failure to pay Rent within when the same is due, and such failure continues for a period of five (5) business days after receipt of written notice thereof from Landlord has delivered to Tenant; however, in no event shall Landlord be required to provide written notice to Tenant that the same is due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on more often than one or more occasions(1) time per lease year;

Appears in 1 contract

Samples: Office Lease Agreement (Triangle Capital CORP)

Payment Default. Tenant’s 's failure to pay Rent within five days after Landlord has delivered written notice to Tenant that the same is has not been received when due; however, an Event of Default shall occur hereunder without any obligation of Landlord to give any notice if Tenant fails to pay Rent when due and, during the 12 month interval preceding such failure, Landlord has given Tenant written notice of failure to pay Rent on one or more occasions;

Appears in 1 contract

Samples: Lease Agreement (Luvu Brands, Inc.)

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