Common use of Payment Defaults Clause in Contracts

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 48 contracts

Samples: Lease Agreement (Yumanity Therapeutics, Inc.), Lease Agreement (Ambrx Biopharma Inc.), Lease Agreement (Singular Genomics Systems, Inc.)

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Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 5 days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 24 contracts

Samples: Lease Agreement (Stoke Therapeutics, Inc.), Lease Agreement (Contineum Therapeutics, Inc.), Lease Agreement (enGene Holdings Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 days of any such notice not more than once twice in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 10 contracts

Samples: Lease Agreement (RayzeBio, Inc.), Lease Agreement (RayzeBio, Inc.), Lease Agreement (Zentalis Pharmaceuticals, Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 5 days of any such notice not more than once twice in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 8 contracts

Samples: Lease Agreement (Arrowhead Pharmaceuticals, Inc.), Lease Agreement (Alpha Healthcare Acquisition Corp.), Lease Agreement (Vaxcyte, Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 5 days of any such notice not more than once twice in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by lawperiod.

Appears in 7 contracts

Samples: Lease Agreement (DiCE MOLECULES HOLDINGS, LLC), Lease Agreement (Avidity Biosciences, Inc.), Lease Agreement (Applied Molecular Transport Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 business days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law; provided, further, however, that no such notice or opportunity to cure shall be required for any failure by Tenant to pay the first month’s Base Rent and deliver the Security Deposit to Landlord at such time as required pursuant to Section 3(a) above.

Appears in 7 contracts

Samples: Lease Agreement (Global Blood Therapeutics, Inc.), Lease Agreement (Global Blood Therapeutics, Inc.), Lease Agreement (Global Blood Therapeutics, Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 5 business days of any such notice not more than once twice in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 7 contracts

Samples: Lease Agreement (Vaxcyte, Inc.), Lease Agreement (Verve Therapeutics, Inc.), Lease Agreement (Codexis, Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 5 business days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 6 contracts

Samples: Lease Agreement (Rapport Therapeutics, Inc.), Lease Agreement (CARGO Therapeutics, Inc.), Lease Agreement (Relay Therapeutics, Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 business days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 5 contracts

Samples: Lease Agreement (Atara Biotherapeutics, Inc.), Lease Agreement (Mirati Therapeutics, Inc.), Lease Agreement (Mirati Therapeutics, Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant written notice and an opportunity to cure any failure to pay Rent within 3 5 days of any such notice not more than once twice in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 4 contracts

Samples: Lease Agreement (Nurix Therapeutics, Inc.), Lease Agreement (Nurix Therapeutics, Inc.), Lease Agreement (Nurix Therapeutics, Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 5 days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by lawperiod.

Appears in 4 contracts

Samples: Lease Agreement (Frequency Therapeutics, Inc.), Lease Agreement (Graphite Bio, Inc.), Lease Agreement (Graphite Bio, Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 4 contracts

Samples: Lease Agreement (SGX Pharmaceuticals, Inc.), Lease Agreement (Equinix Inc), 34 Lease Agreement (Equinix Inc)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.. 3115 Xxxxxxxxxx/Erasca - Page 20

Appears in 3 contracts

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

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 days after Tenant’s receipt of any such notice not more than once twice in any 12 month period without such failure to pay being a Default provided that the full payment is received within such 3 day period after Tenant’s receipt of notice and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement (Ligand Pharmaceuticals Inc), Lease Agreement (Verenium Corp)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice Notice and an opportunity to cure any failure to pay Rent within 3 days of any such notice Notice not more than once in any 12 month period and Tenant agrees that such notice Notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 3 contracts

Samples: Lease Agreement (Icoria, Inc.), Disturbance and Attornment Agreement (Paradigm Genetics Inc), Disturbance and Attornment Agreement (Paradigm Genetics Inc)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by lawperiod.

Appears in 3 contracts

Samples: Lease Agreement (Neoleukin Therapeutics, Inc.), Lease Agreement (Adaptive Biotechnologies Corp), Lease Agreement (Sirna Therapeutics Inc)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 days of any such notice not more than once twice in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.. Net Laboratory 3013 Science Park/The Medicines Company - Page 42

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement (Gossamer Bio, Inc.), Lease Agreement (Gossamer Bio, Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by lawapplicable Legal Requirement.

Appears in 2 contracts

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

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 5 business days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by lawperiod.

Appears in 2 contracts

Samples: Lease Agreement (Seres Therapeutics, Inc.), License Agreement (Seres Health, Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant written notice and an opportunity to cure any failure to pay Rent within 3 5 business days of any such notice not more than once twice in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 2 contracts

Samples: Lease Agreement (Fate Therapeutics Inc), Lease Agreement (Fate Therapeutics Inc)

Payment Defaults. Tenant shall fail to pay any installment of Rent Rent, or any other payment hereunder when duehereunder, following Landlord’s notice of such non-payment and the expiration of three (3) days; provided, however, that Landlord will give Tenant such notice and an opportunity to cure any such failure to pay Rent within 3 days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 2 contracts

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

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 days of any such notice not more than once 3 times in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 2 contracts

Samples: Lease Agreement (Arbutus Biopharma Corp), Lease Agreement (Arbutus Biopharma Corp)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 5 days of Tenant’s receipt of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 2 contracts

Samples: Lease Agreement (Singular Genomics Systems, Inc.), Lease Agreement (ONCOSEC MEDICAL Inc)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 days of any such notice not more than once twice in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by lawperiod.

Appears in 2 contracts

Samples: Lease Agreement (Otonomy, Inc.), Lease Agreement (Onyx Pharmaceuticals Inc)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 business days of any such notice not more than once twice in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 2 contracts

Samples: Lease Agreement (Frequency Therapeutics, Inc.), Lease Agreement (Alpine Immune Sciences, Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 5 business days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by lawany applicable Legal Requirement.

Appears in 1 contract

Samples: Lease Agreement (Auxilium Pharmaceuticals Inc)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 5 days of Tenant's receipt of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, be1 any notice required by law.

Appears in 1 contract

Samples: Lease Agreement (Singular Genomics Systems, Inc.)

Payment Defaults. Tenant shall fail fall to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent (prior to such failure constituting a Default under the Lease) within 3 5 days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 1 contract

Samples: Lease Agreement (Xeris Pharmaceuticals Inc)

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Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant written notice and an opportunity to cure any failure to pay Rent within 3 days of any such notice not more than once twice in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 1 contract

Samples: Sublease (Kura Oncology, Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 4 business days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 1 contract

Samples: Lease Agreement (Tcr2 Therapeutics Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant written notice and an opportunity to cure any failure to pay Rent within 3 days of any such written notice not more than once in any 12 month period and Tenant agrees that such written notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 1 contract

Samples: Lease Agreement (Beam Therapeutics Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant written notice and an opportunity to cure any failure to pay Rent within 3 days of any such notice not more than once twice in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by lawperiod.

Appears in 1 contract

Samples: Lease Agreement (Tandem Diabetes Care Inc)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant written notice and an opportunity to cure any failure to pay Rent or any other payment due hereunder within 3 5 days of any such notice not more than once twice in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 1 contract

Samples: Lease Agreement (Nektar Therapeutics)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant written notice and an opportunity to cure any failure to pay Rent within 3 business days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 1 contract

Samples: Lease Agreement (Spruce Biosciences, Inc.)

Payment Defaults. Tenant shall fail to pay any installment Installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 1 contract

Samples: Lease Agreement (Eloxx Pharmaceuticals, Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.. 20.2

Appears in 1 contract

Samples: Lease Agreement (Regulus Therapeutics Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 5 days of any such written notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 1 contract

Samples: Lease Agreement (Adverum Biotechnologies, Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; due provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 5 business days of any such notice not more than once twice in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by laweach calendar year during the Term.

Appears in 1 contract

Samples: Lease Agreement (Illumina Inc)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when duewithin 5 business days after receipt of written notice of the delinquency; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 5 days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 1 contract

Samples: Lease Agreement (Foundation Medicine, Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by lawnotice.

Appears in 1 contract

Samples: Lease Agreement (Exelixis Inc)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will shall give Tenant notice and an opportunity to cure any failure to pay Rent within 3 5 days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 1 contract

Samples: Lease Agreement (Invivo Therapeutics Holdings Corp.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when duewithin 5 business days after receipt of written notice of the delinquency; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 1 contract

Samples: Lease Agreement (Biolex, Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord Landlord, not more than twice in any 12 month period, will give Tenant notice of such default in the payment of Rent and an opportunity Tenant shall have 5 days in which to cure any failure to pay Rent within 3 days of any make such notice not more than once payment after which period Tenant shall be in any 12 month period and Default hereunder. Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.;

Appears in 1 contract

Samples: Lease Agreement (Biogen Inc)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 5 days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 1 contract

Samples: Lease Agreement (Amarantus BioSciences, Inc.)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord -------- ------- will give Tenant notice Notice and an opportunity to cure any failure to pay Rent within 3 days of any such notice Notice not more than once in any 12 month period and Tenant agrees that such notice Notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 1 contract

Samples: Disturbance and Attornment Agreement (Paradigm Genetics Inc)

Payment Defaults. Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; providedPROVIDED, howeverHOWEVER, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 days of any such notice Landlord, not more than once in any 12 month period, will give Tenant notice of such default in the payment of Rent and Tenant shall have 3 days in which to make such payment after which period and Tenant shall be in Default hereunder. Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

Appears in 1 contract

Samples: Lease Agreement (Viacell Inc)

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