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 making of any payment or in the doing of any act required to be made or done under this Lease by Tenant, then Landlord may, but shall not be required to, make such payment or do such act, and the expense thereof, if made or done by Landlord, with interest thereon at the Default Rate, shall be paid by Tenant to Landlord and shall constitute Additional Rent hereunder due and payable with the next payment of Monthly Base Rent; but the making of such payment or the doing of such act shall not operate to cure the default or to 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 making of any payment or in the doing of any act herein required to be made or done under this Lease by Tenant, then Landlord may, but shall not be required to, make such payment or do such act, and charge the amount of the expense thereof, if made or done by Landlord, with interest thereon at the Default Lease Interest Rate, shall be paid by Tenant to Landlord . Such payment and interest shall constitute Additional Rent hereunder due and payable with the next payment monthly installment of Monthly Base Rent; but the making of such payment or the doing taking of such act action by Landlord shall not operate to cure the such default or to estop 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 making of any payment or in the doing of any act required to be made or done under this Lease by Tenant, then Landlord may, but shall not be required to, make such payment or do such act, and the expense thereof, if made or done by Landlord, with interest thereon at the Default Raterate of twelve percent (12%) per year from the date paid by Landlord, shall be paid by Tenant to Landlord and shall constitute Additional Rent hereunder due and payable with the next payment of Monthly Base Rent; but the making of such payment or the doing of such act by Landlord shall not operate to cure the default or to estop Landlord from the pursuit of any remedy to which Landlord would otherwise be entitled.