RIGHT TO CURE TENANT'S DEFAULT Sample Clauses

RIGHT TO CURE TENANT'S DEFAULT. In the event Tenant is in Default under any provision of this Lease, other than for the payment of Rent, and Tenant has not cured same within ten (10) days after receipt of Landlord’s written notice, Landlord may cure such Default on behalf of Tenant, at Tenant’s expense. Landlord may also perform any obligation of Tenant, without notice to Tenant, should Landlord deem the performance of same to be an emergency. Any monies expended by Landlord to cure any such Default(s), or resolve any deemed emergency shall be payable by Tenant as Additional Rent. If Landlord incurs any expense, including reasonable attorney’s fees, in prosecuting and/or defending any action or proceeding by reason of any emergency or Default, Tenant shall reimburse Landlord for same, as Additional Rent, with interest thereon at twelve percent (12%) annually from the date such payment is due Landlord.
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RIGHT TO CURE TENANT'S DEFAULT. If, after the expiration of any cure or notice period, Tenant has failed to do any act required to be done by Tenant hereunder, Landlord may (but without being obligated to do so) cure such failure at Tenant's cost. If Landlord at any time, by reason of Tenant's failure to comply with the provisions of this Lease, pays any sum or does any act that requires the payment of any sum, the sum paid by Landlord shall be due immediately from Tenant to Landlord at the time the sum is paid and, if paid at a later date, shall bear interest at the Agreed Rate from the date the sum is paid by Landlord until Landlord is reimbursed by Tenant. Such sum, together with interest thereon, shall be Additional Rent hereunder.
RIGHT TO CURE TENANT'S DEFAULT. If Tenant is in Default under any provision of this Lease other than for the payment of Rent, and Tenant has not cured such Default within ten (10) days after receipt of Landlord’s written notice, Landlord shall have the right but not the obligation to cure such Default on behalf of Tenant, at Tenant’s expense. Landlord may also perform any obligation of Tenant, without notice to Tenant, should Landlord deem such performance to be an emergency, or Landlord reasonably determines that such Default will result in a violation of law or the cancellation of any insurance policy maintained by Landlord, or will unreasonably interfere with any other tenants in the Property. If Landlord incurs any expense, including reasonable attorney’s fees, in instituting, prosecuting and/or defending any action or proceeding by reason of any emergency or Default, Tenant shall reimburse Landlord for the same, as Additional Rent, with interest calculated thereon at the rate of thirteen percent (13%) per annum from the date such payment is first due Landlord.
RIGHT TO CURE TENANT'S DEFAULT. In the event Tenant fails to cure a default described under Section 19(b) within a period of thirty (30) days after written notice (unless a longer period of time is otherwise provided herein), Landlord may, in addition to all other rights and remedies under this Lease, to which Landlord may resort cumulatively or in the alternative, cure such default and demand reimbursement by Tenant of the cost actually incurred by Landlord in curing such default by Tenant, with interest thereon from the date such cost is incurred by Landlord until payment. All amounts due and payable to Landlord under this Section 20.4 shall constitute Rent under this Lease. The cure by Landlord of any default shall in no way be deemed a waiver or release of Tenant from any obligation under this Lease.
RIGHT TO CURE TENANT'S DEFAULT. If any Event of Default occurs, or if Tenant shall fail to comply with the Lease, Landlord shall have the right but not the obligation (a) to perform for Tenant if the same arises out of any obligation owed by Tenant to a third-party or (b) to make any expenditure or incur any obligation for the payment of money for any obligation owed to Landlord, including, but not limited to, reasonable attorney fees and disbursements in instituting, prosecuting or defend in any action, with interest thereon at eighteen percent (18) per annum or the maximum rate permitted by law ("Applicable Rate"). Such amounts shall be Additional Rent and shall be paid by Tenant to Landlord immediately.
RIGHT TO CURE TENANT'S DEFAULT. Landlord, at any time after Tenant commits a default or breach, may at its option cure the default at Tenant's cost. If Landlord at any time, by reason of Tenant's default, pays any sum on behalf of Tenant, the sum paid by Landlord shall be due immediately from Tenant to Landlord at the time the sum is paid by Landlord until Landlord is reimbursed by Tenant. Such sum, together with interest thereon, shall be Additional Rent hereunder.
RIGHT TO CURE TENANT'S DEFAULT. If Tenant is in Default (the term "Default", as defined in Section 15 above, means that Landlord has already given any required default notice to Tenant with respect to such default, and it also means that Tenant has not cured such default within the cure period, if any, allowed by this Lease) under any provision of this Lease, other than for the payment of Rent, Landlord may (but shall not be obligated to) cure such Default on behalf of Tenant, at Tenant's expense. Landlord may also perform any obligation of Tenant, without notice to Tenant (or with fewer days notice than otherwise required by this Lease), should Landlord deem such performance to be an emergency. If Landlord incurs any reasonable expense, including reasonable attorney's fees, in instituting, prosecuting and/or defending any action or proceeding by reason of any emergency or Default, Tenant shall reimburse Landlord for same, as Additional Rent, within fifteen (15) days after receipt of Landlord's invoice therefor, together with the interest, if any, Landlord may be entitled to charge thereon pursuant to the terms of Section 15.E.
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RIGHT TO CURE TENANT'S DEFAULT. If Tenant is in Default under any provision of this Lease, other than the payment of rent, and Tenant has not cured same within five (5) days after receipt of Landlord's written notice, Landlord may cure such Default on behalf of Tenant, at Tenant's expense; provided, however, that if the default is such that it cannot reasonably be cured within fifteen (15) days, such default shall be deemed to have been cured if Tenant commences such performance within said fifteen (15) day period and thereafter diligently Initialed: /s/ RSW undertakes to complete the same. Landlord may also perform any obligation of Tenant, without notice to Tenant, should Landlord deem the performance of same to be an emergency. Any monies expended by Landlord to cover such Default(s) or resolve any deemed emergency shall be payable by Tenant as "additional rent." If Landlord incurs any such expense, including reasonable attorney's fees, in instituting, prosecuting and/or defending any action or proceeding by reason of any emergency or Default of Tenant, Tenant shall reimburse Landlord for same, (as "Additional Rent"), with interest thereon at ten (10%) percent annually from the date such payment is due Landlord.
RIGHT TO CURE TENANT'S DEFAULT. If Tenant fails to make any payment or to comply with or perform any term, covenant or condition of this Lease to be complied with or performed by Tenant, Landlord may, but shall be under no obligation to, after thirty days' notice to Tenant (or upon shorter notice, or without notice, if necessary to meet an emergency situation or time limitation of a Legal Requirement), make such payment or perform or cause to be performed such work, labor, services, acts or things, and take such other steps as Landlord may deem advisable, to comply with any such term, covenant or condition which is in default.
RIGHT TO CURE TENANT'S DEFAULT. If Tenant is in Default under any provision of this Lease, other than for the payment of Rent, and Tenant has not cured such Default within five (5) days after receipt of Landlord's written notice, Landlord may cure such Default on behalf of Tenant, at Tenant's expense. Landlord may also perform any obligation of Tenant, without notice to Tenant, should Landlord deem such performance to be an emergency. If Landlord incurs any expense, including reasonable attorney's fees, in instituting, prosecuting and/or defending any action or proceeding by reason of any emergency or Default, Tenant shall reimburse Landlord for same, as Additional Rent, with interest calculated thereon at the rate of three (3%) percent over the prime rate charged by City Bank from time to time (but in no event greater than thirteen (13%) percent per annum) from the date such payment is due Landlord.
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