Repeated Defaults. If Lessee is in default of this Lease for the same or substantially the same reason more than twice during any twelve (12) month period during the term of this Lease, then, at Lessor's election, Lessee shall not have any right to cure such repeated default during the twelve (12) month period following the second such default, the terms and conditions of the section of this Lease entitled, "DEFAULT OF LESSEE," notwithstanding. In the event of Lessor's election not to allow a cure of a repeated default, Lessor shall have all of the rights provided for in that section of this Lease for an uncured default.
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Sources: Office Lease (Cais Internet Inc)
Repeated Defaults. If Lessee is shall be in default of this Lease for the same or substantially the same reason more than twice during any twelve (12) month period during the term of this Lease, then, at Lessor's election, Lessee shall not have any right to cure such repeated default during the twelve (12) month period following the second such default, the terms and conditions of the section of this Lease entitled, "entitled DEFAULT OF LESSEE," hereof notwithstanding. In the event of Lessor's election not to allow a cure of a repeated default, Lessor shall have all of the rights provided for in that section of this Lease for an uncured default.
Appears in 1 contract
Repeated Defaults. If Lessee is in default of this Lease for with respect to the same or substantially the same reason provision hereof two (2) or more than twice times during any twelve three (123) month period during the term of this Lease, then, at Lessor's election, Lessee shall not have any right to cure such repeated default during the twelve (12) month period following the second such default, the terms and conditions of the section of this Lease entitled, "DEFAULT OF LESSEEDefault of Lessee," notwithstanding. In the event of Lessor's election not to allow a cure of a repeated default, Lessor shall have all of the rights provided for in that section of this Lease for an uncured default.
Appears in 1 contract
Sources: Lease Agreement (Inphonic Inc)
Repeated Defaults. If Lessee is shall be in default of this Lease for the same or substantially the same reason more than twice three (3) times during any twelve (12) month period during the term of this Lease, then, at Lessor's election, Lessee shall not have any right to cure such repeated default during the twelve (12) month period following the second such default, the any other terms and conditions of the section of this Lease entitled, "DEFAULT OF LESSEE," Section 22 notwithstanding. In the event of Lessor's election not to allow a cure of a repeated default, Lessor shall have all of the rights provided for in that such section of this Lease for an uncured default.
Appears in 1 contract
Sources: Office Lease (Costar Group Inc)
Repeated Defaults. If Lessee is in default of this Lease for the same or substantially the same reason has committed a Material Default more than twice during any twelve (12) month period during the term of this Lease, then, at Lessor's election, Lessee shall not have any right to cure such repeated default during the twelve (12) month period following the second such failure default, the terms and conditions of the section Section of this Lease entitled, "DEFAULT OF LESSEE," notwithstanding. In the event of Lessor's election not to allow a cure of a repeated default, . Lessor shall have all of the rights provided for in that section Section of this Lease for an uncured default.
Appears in 1 contract
Sources: Office Lease (Hagler Bailly Inc)