Common use of Performance by Landlord Clause in Contracts

Performance by Landlord. If Tenant fails to pay any sum of money or perform any other act to be performed by Tenant hereunder, and such failure continues for fifteen (15) days after notice by Landlord, Landlord shall have the right (but not the obligation) to make such payment or perform such other act without waiving or releasing Tenant from its obligations. All sums so paid by Landlord and all necessary incidental costs, together with interest thereon at the rate specified in Section 22.4, shall be payable to Landlord on demand. Landlord shall have the same rights and remedies in the event of nonpayment by Tenant as in the case of default by Tenant in the payment of the rent.

Appears in 14 contracts

Samples: Standard Lease, Office Lease (Evoke Pharma Inc), Industrial Lease (Brooks Automation Inc)

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Performance by Landlord. If Tenant fails falls to pay any sum of money or perform any other act to be performed by Tenant hereunder, and such failure continues for fifteen (15) days after notice by Landlord, Landlord shall have the right (but not the obligation) to make such payment or perform such other act without waiving or releasing Tenant from its obligations. All sums so paid by Landlord and all necessary incidental costs, together with interest thereon at the rate specified in Section 22.4, shall be payable to Landlord on demand. Landlord shall have the same rights and remedies in the event of nonpayment by Tenant as in the case of default by Tenant in the payment of the rent.

Appears in 2 contracts

Samples: Mabvax Therapeutics Holdings, Inc., Mabvax Therapeutics Holdings, Inc.

Performance by Landlord. If Tenant fails to pay any sum of money or perform any other act to be performed by Tenant hereunder, and such failure continues for fifteen (15) days after notice by Landlord, . Landlord shall have the right (but not the obligation) to make such payment or perform such other act without waiving or releasing Tenant from its obligations. All sums so paid by Landlord and all necessary incidental costs, together with interest thereon at the rate specified in Section 22.4, shall be payable to Landlord on demand. Landlord shall have the same rights and remedies in the event of nonpayment by Tenant as in the case of default by Tenant in the payment of the rent.

Appears in 1 contract

Samples: Lease (Locust Walk Acquisition Corp.)

Performance by Landlord. If Tenant Xxxxxx fails to pay any sum of money or perform any other act to be performed by Tenant hereunder, and such failure continues for fifteen (15) days after notice by Landlord, Landlord shall have the right (but not the obligation) to make such payment or perform such other act without waiving or releasing Tenant from its obligations. All sums so paid by Landlord Xxxxxxxx and all necessary incidental costs, together with interest thereon at the rate specified in Section 22.4, shall be payable to Landlord on demand. Landlord shall have the same rights and remedies in the event of nonpayment by Tenant Xxxxxx as in the case of default by Tenant Xxxxxx in the payment of the rent.

Appears in 1 contract

Samples: CardioVascular BioTherapeutics, Inc.

Performance by Landlord. If Tenant fails to pay any sum of money or perform any other act to be performed by Tenant hereunder, hereunder and such failure continues for fifteen (15) days after notice by Landlord, Landlord shall have the right (but not the obligation) to make such payment or perform such other act without waiving or releasing Tenant from its obligations. All sums so paid by Landlord and all necessary incidental costs, together with interest thereon at the rate specified in Section 22.4, shall be payable to Landlord on demand. Landlord shall have the same rights and remedies in the event of nonpayment non-payment by Tenant as in the case of default by Tenant in the payment of the rent.

Appears in 1 contract

Samples: Industrial Gross Lease (Sequenom Inc)

Performance by Landlord. If Tenant fails to pay any sum of money sux xx xoney or perform any other act to be performed by Tenant hereunder, and such failure continues for fifteen (15) days after notice by Landlord, Landlord shall have the right (but not the obligation) to make such payment or perform such other act without waiving or releasing Tenant from its obligations. All sums so paid by Landlord and all necessary incidental xxxxxxxtal costs, together with interest thereon at the rate specified in Section 22.4, shall be payable to Landlord on demand. Landlord shall have the same rights and remedies in the event of nonpayment by Tenant as in the case of default dxxxxxx by Tenant in the payment of the renttxx xxxt.

Appears in 1 contract

Samples: Sgi International

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Performance by Landlord. If Tenant fails to pay any sum of money or perform any other act to be performed by Tenant hereunder, hereunder and such failure continues for fifteen ten (1510) days after notice by Landlord, Landlord shall have the right may (but shall not the obligationbe obligated to) to make such payment or perform such other act without waiving or releasing Tenant from its obligations. All sums so paid by Landlord and all necessary incidental costs, together with interest thereon at the rate specified in Section 22.418.5, shall be payable to Landlord on demand. Landlord shall have the same rights and remedies in the event of nonpayment non-payment by Tenant as in the case of default by Tenant in the payment of the rent.

Appears in 1 contract

Samples: Lease Agreement (Equidyne Corp)

Performance by Landlord. If Tenant Xxxxxx fails to pay any sum of money or perform any other act to be performed by Tenant hereunder, hereunder and such failure continues for fifteen (15) days after notice by Landlord, Landlord shall have the right (but not the obligation) to make such payment or perform such other act without waiving or releasing Tenant from its obligations. All sums so paid by Landlord Xxxxxxxx and all necessary incidental costs, together with interest thereon at the rate specified in Section 22.4, shall be payable to Landlord on demand. Landlord shall have the same rights and remedies in the event of nonpayment non-payment by Tenant Xxxxxx as in the case of default by Tenant Xxxxxx in the payment of the rent.

Appears in 1 contract

Samples: Industrial Gross Lease (Scripps Financial Corp)

Performance by Landlord. If It Tenant fails to pay any sum of money or perform any other act to be performed by Tenant hereunder, hereunder and such failure continues for fifteen (15) days after notice by Landlord, Landlord shall have the right (but not the obligation) to make such payment or perform such other act without waiving or releasing Tenant from its obligations. All sums so paid by Landlord and all necessary incidental costs, together with interest thereon at the rate specified in Section 22.4, 22.4 shall be payable to Landlord on demand. Landlord shall have the same rights and remedies in the event of nonpayment by Tenant as in the case of default by Tenant in the payment of the rent.

Appears in 1 contract

Samples: Industrial Gross Lease (Inland Entertainment Corp)

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