Common use of RIGHT OF RE-ENTRY ON DEFAULT OR TERMINATION Clause in Contracts

RIGHT OF RE-ENTRY ON DEFAULT OR TERMINATION. If and whenever the rent hereby reserved or other sums payable by the Tenant or any part thereof is in arrears, whether lawfully demanded or not, and the Tenant fails to pay such rent or other sums within five business days after the Landlord shall have given to the Tenant notice requiring such payment, or if the Tenant breaches or fails to observe and perform any of the covenants, agreements, provisos, conditions, rules or regulations and other obligations on the part of the Tenant to be kept, observed or performed hereunder, or if this Lease is terminated pursuant to any provisions hereof, or if the Landlord is entitled to terminate this Lease and has given notice terminating it pursuant to any provision hereof, then and in every such case it shall be lawful for the Landlord thereafter to enter into the Leased Premises to repossess and enjoy as of its former estate.

Appears in 3 contracts

Samples: Lease (Current Technology Corp), Lease (Infowave Software Inc), Lease (Infowave Software Inc)

AutoNDA by SimpleDocs

RIGHT OF RE-ENTRY ON DEFAULT OR TERMINATION. If and whenever the rent hereby reserved or other sums payable by the Tenant or any part thereof is in arrears, whether lawfully demanded or not, and the Tenant fails to pay such rent or other sums within five (5) business days after the Landlord shall have given to the Tenant notice requiring such payment, or if the Tenant breaches or fails to observe and perform any of the covenants, agreements, provisos, conditions, rules or regulations and other obligations on the part of the Tenant to be kept, observed or performed hereunder, or if this Lease is terminated pursuant to any provisions hereof, or if the Landlord is entitled to terminate this Lease and has given notice terminating it pursuant to any provision hereof, then and in every such case it shall be lawful for the Landlord thereafter to enter into the Leased Premises to repossess and enjoy as of its former estate.

Appears in 1 contract

Samples: Lease (Spectrum Signal Processing Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.