Common use of Right of Landlord to Cure Tenant's Default Clause in Contracts

Right of Landlord to Cure Tenant's Default. If Tenant defaults in the performance of any of its obligations under this Lease, then Landlord shall have the right (but not the duty) to perform such obligation, and Tenant shall reimburse Landlord for any costs and expenses thereby incurred, together with interest thereon at that rate per annum which is two per cent (2%) greater than the “prime rate” then in effect at Xxxxxx Guaranty Trust Company of New York, from the date such costs and expenses are incurred by Landlord to the date of payment thereof by Tenant; provided, however, that nothing herein contained shall be construed or implemented in such a manner as to allow Landlord to charge or receive interest in excess of the maximum legal rate then allowed by law. Such payment and interest shall constitute Additional Rent hereunder, which shall be due and payable with the next monthly installment of Rent; but the making of such payment or the taking of such action by Landlord shall not operate to cure such default or to stop Landlord from the pursuit of any remedy to which Landlord would otherwise be entitled.

Right of Landlord to Cure Tenant's Default. If Tenant defaults in the performance making of any payment or in the doing of its obligations under this Leaseany act herein required to be made or done by Tenant, then Landlord may, but shall have the right (but not the duty) to perform be required to, make such obligationpayment or do such act, and Tenant shall reimburse Landlord for any costs and expenses thereby incurredcharge the amount of the expense thereof, together if made or done by Landlord, with interest thereon at that the rate per annum which is two per cent percent (2%) greater than the “prime rate” then in effect at Xxxxxx Guaranty Trust Company of Citibank, N.A. in New YorkYork City, from the date such costs and expenses are incurred paid by Landlord to the date of payment thereof by Tenant; provided, however, that nothing herein contained shall be construed or implemented in such a manner as to allow Landlord to charge or receive interest in excess of the maximum legal rate then allowed by law. Such payment and interest shall constitute Additional Rent hereunder, which shall be additional rent hereunder due and payable with the next first monthly installment of Rentrent due after rendition of a statement or xxxx therefor, or if payments have been accelerated pursuant to ¶17(b)(iv) above, within ten (10) days after rendition of such statement or xxxx; but provided that the making of such payment or the taking of such action by Landlord shall not operate to cure such default or to stop estop Landlord from the pursuit of any remedy to which Landlord would otherwise be entitled.

Right of Landlord to Cure Tenant's Default. If Tenant defaults in the performance of any of its obligations under this Lease, then Landlord shall have the right (but not the duty) to perform such obligation, and Tenant shall reimburse Landlord for any costs and expenses thereby incurred, together with interest thereon at that rate per annum which that is two per cent percent (2%) greater than the “"prime rate” " as then published in effect at Xxxxxx Guaranty Trust Company of New Yorkthe Wall Street Journal, from the date such costs and expenses are incurred by Landlord to the date of payment thereof by Tenant; provided, however, that nothing herein contained shall be construed or implemented in such a manner as to allow Landlord to charge or receive interest in excess of the maximum legal rate then allowed by law. Such payment and interest shall constitute Additional Rent hereunder, which shall be due and payable with the next monthly installment of Base Rent; but the making of such payment or the taking of such action by Landlord shall not operate to cure such default or to stop Landlord from the pursuit of any remedy to which Landlord would otherwise be entitled.

Right of Landlord to Cure Tenant's Default. If Tenant defaults in the performance of any of its obligations under this Lease, then Landlord shall have the right (but not the duty) to perform such obligation, and Tenant shall reimburse Landlord for any costs and expenses thereby incurred, together with interest thereon at that rate per annum which is two per cent percent (2%) greater than the “"prime rate” " then in effect at Xxxxxx Guaranty Trust Company of New York, from the date such costs and expenses are incurred by Landlord to the date of payment thereof by Tenant; provided, however, that nothing herein contained shall be construed or implemented in such a manner as to allow Landlord to charge or receive interest in excess of the maximum legal rate then allowed by law. Such payment and interest shall constitute Additional Rent hereunder, which shall be due and payable with the next monthly installment of Rent; but the making of such payment or the taking of such action by Landlord shall not operate to cure such default or to stop Landlord from the pursuit of any remedy to which Landlord would otherwise be entitled.

Right of Landlord to Cure Tenant's Default. If Tenant defaults in the performance making of any payment or in the doing of its obligations any act required to be made or done under this LeaseLease by Tenant, and such default is a violation of Laws or insurance requirements, presents an imminent danger to persons or property, or becomes a Default, then Landlord Landlord, after giving Tenant [redacted] notice (except in the case of an emergency when no additional notice shall have the right (be required), may, but shall not the duty) to perform be required to, make such obligationpayment or do such act, and Tenant shall reimburse Landlord for any costs and expenses thereby incurredthe expense thereof, together if made or done by Landlord, with interest thereon at that rate per annum which is two per cent (2%) greater than the “prime rate” then in effect at Xxxxxx Guaranty Trust Company of New York, Default Interest Rate from the date such costs and expenses are incurred paid by Landlord to the date of payment thereof by Tenant; provided, however, that nothing herein contained shall be construed or implemented in such a manner as paid by Tenant to allow Landlord to charge or receive interest in excess of the maximum legal rate then allowed by law. Such payment and interest shall constitute Additional Rent hereunder, which shall be hereunder due and payable with the next monthly installment payment of Monthly Base Rent; but the making of such payment or the taking doing of such action act by Landlord shall not operate to cure such the default or to stop estop Landlord from the pursuit of any remedy to which Landlord would otherwise be entitled.

Right of Landlord to Cure Tenant's Default. If Tenant defaults in the performance making of any payment or in the doing of its obligations under this Leaseany act herein required to be made or done by Tenant, then Landlord may, but shall have the right (but not the duty) to perform be required to, make such obligationpayment or do such act, and Tenant shall reimburse Landlord for any costs and expenses thereby incurredcharge the amount of the expense thereof, together if made or done by Landlord, with interest thereon at that the rate per annum which is two per cent percent (2%) greater than the “"prime rate” " then in effect at Xxxxxx Guaranty Trust Company of Citibank, N.A., New York, New York, from the date such costs and expenses are incurred paid by Landlord to the date of payment thereof by TenantTenaxx; providedxxovided, however, that nothing herein contained shall be construed or implemented in such a manner as to allow Landlord to charge or receive interest in excess of the maximum legal rate then that is allowed by law. Such payment and interest shall constitute Additional Rent hereunder, which shall be additional rent hereunder due and payable with the next monthly installment of Rentrent; but the making of such payment or the taking of such action by Landlord shall not operate to cure such default or to stop estop Landlord from the pursuit of any remedy to which Landlord would otherwise be entitled.

Right of Landlord to Cure Tenant's Default. If Tenant defaults in the performance of any of its obligations under this Lease, then Landlord shall have the right (but not the duty) to perform such obligation, and Tenant shall reimburse Landlord for any reasonable costs and expenses thereby incurred, together with interest thereon at that rate per annum which is two per cent (2%) greater than the “"prime rate” " then in effect at Xxxxxx Guaranty Trust Company of New York, from the date such costs and expenses are incurred by Landlord to the date of payment thereof by Tenant; provided, however, that nothing herein contained shall be construed or implemented in such a manner as to allow Landlord to charge or receive interest in excess of the maximum legal rate then allowed by law. Such payment and interest shall constitute Additional Rent hereunder, which shall be due and payable with the next monthly installment of Rent; but the making of such payment or the taking of such action by Landlord shall not operate to cure such default or to stop Landlord from the pursuit of any remedy to which Landlord would otherwise be entitled.

Right of Landlord to Cure Tenant's Default. If an Event of Default by Tenant defaults occurs in the performance making of any payment or in the doing of its obligations under this Leaseany act herein required to be made or done by Tenant, then Landlord may, but shall have the right (but not the duty) to perform be required to, make such obligationpayment or do such act, and Tenant shall reimburse Landlord for any costs and expenses thereby incurredcharge the amount of the expense thereof, together if reasonably made or done by Landlord, with interest thereon at that rate per annum which is two per cent (2%) greater than the “prime rate” then in effect at Xxxxxx Guaranty Trust Company of New York, Reimbursement Interest Rate from the date such costs and expenses are incurred paid by Landlord to the date of payment thereof by Tenant; provided, however, that nothing herein contained shall be construed or implemented in such a manner as to allow Landlord to charge or receive interest in excess of the maximum legal rate then allowed by law. Such payment and interest shall constitute Additional Rent hereunder, which shall be additional rent hereunder due and payable with the next monthly installment within twenty (20) business days after rendition of Renta statement or xxxx; but provided that the making of such payment or the taking of such action by Landlord shall not operate to cure such default or to stop estop Landlord from the pursuit of any remedy to which Landlord would otherwise be entitled.

Right of Landlord to Cure Tenant's Default. If Tenant defaults in the performance of any of its obligations under this Lease, then Landlord shall have the right (but not the duty) to perform such obligation, and Tenant shall reimburse Landlord for any costs and expenses thereby incurred, together with interest interest: thereon at that rate per annum which is two per cent (2%) greater than the “"prime rate” " then in effect at Xxxxxx Guaranty Trust Company of New York, from the date such costs and expenses are incurred by Landlord to the date of payment thereof by Tenant; provided, however, that nothing herein contained shall be construed or implemented in such a manner as to allow Landlord to charge or receive interest in excess of the maximum legal rate then allowed by law. Such payment and interest shall constitute Additional Rent hereunder, which shall be due and payable with the next monthly installment of Rent; but the making of such payment or the taking of such action by Landlord shall not operate to cure such default or to stop Landlord from the pursuit of any remedy to which Landlord would otherwise be entitled.

Right of Landlord to Cure Tenant's Default. If Tenant defaults in the performance making of any payment or in the doing of its obligations under this Leaseany act herein required to be made or done by Tenant, then Landlord may, but shall have the right (but not the duty) to perform be required to, make such obligationpayment or do such act, and Tenant shall reimburse Landlord for any costs and expenses thereby incurredcharge the amount of the expense thereof, together if made or done by Landlord, with interest thereon at that the rate per annum which is two per cent percent (2%) greater than the “prime rate” then in effect at Xxxxxx Guaranty Trust Company The Rxxxx National Bank of New YorkWashington, D.C., from the date such costs and expenses are incurred paid by Landlord to the date of payment thereof by Tenant; provided, however, that nothing herein contained shall be construed or implemented in such a manner as to allow Landlord to charge or receive interest in excess of the maximum legal rate then allowed by law. Such payment and interest shall constitute Additional Rent hereunder, which shall be additional rent hereunder due and payable with the next monthly installment of Rentrent; but the making of such payment or the taking of such action by Landlord shall not operate to cure such default or to stop estop Landlord from the pursuit of any remedy to which Landlord would otherwise be by entitled.