Common use of Right to Perform Covenants Clause in Contracts

Right to Perform Covenants. Section 10.1 The TENANT covenants and agrees that if the TENANT shall, at any time, fail to make any payment or perform any other act on its part to be made or performed under this Lease, the LANDLORD, after the expiration of any time limitation set forth in this Lease (except in cases of emergency) may, but shall not be obligated to, make such payment or perform such other act to the extent the LANDLORD may deem desirable, and in connection therewith to pay expenses and employ counsel. All sums so paid by the LANDLORD and all expenses in connection therewith shall be deemed Additional Rent hereunder and be payable to the LANDLORD on the first day of the next month and the LANDLORD shall have the same rights and remedies for the nonpayment thereof as in the case of default in the payment of the basic rent reserved hereunder.

Right to Perform Covenants. Section 10.1 The TENANT covenants and agrees that if the TENANT shall, shall at any time, time fail to make any payment or perform any other act on its part to be made or performed under this Leaselease, the LANDLORD, after the expiration of any time limitation set forth in this Lease lease (except in cases of emergency) may, but shall not be obligated to, make such payment or perform such other act to the extent the LANDLORD may deem desirable, and in connection therewith to pay expenses and employ counsel. All sums so paid by the LANDLORD and all expenses in connection therewith shall be deemed Additional Rent additional rent hereunder and be payable to the LANDLORD on the first day of the next month and the LANDLORD shall have the same rights and remedies for the nonpayment thereof as in the case of default in the payment of the basic rent reserved hereunder.

Right to Perform Covenants. Section 10.1 The TENANT Tenant covenants and agrees that if the TENANT shall, shall at any time, time fail to make any payment or perform any other act on its part to be made or performed under this Leaselease, the LANDLORD, after the expiration of any time limitation set forth in this Lease lease (except in cases of emergency) may, but shall not be obligated to, make such payment or perform such other act to the extent the LANDLORD may deem reasonably desirable, and in connection therewith to pay reasonable expenses and employ counsel. All sums so paid by the LANDLORD and all expenses in connection therewith shall be deemed Additional Rent additional rent hereunder and be payable to the LANDLORD on the first day of the next month and the LANDLORD shall have the same rights and remedies for the nonpayment thereof as in the case of default in the payment of the basic rent reserved hereunder.

Right to Perform Covenants. Section 10.1 10.1: The TENANT covenants and agrees that if the TENANT shall, shall at any time, time fail to make any payment or perform any other act on its part to be made or performed under this Leaselease, the LANDLORD, after the expiration of any time limitation set forth in this Lease lease (except in cases of emergency) may, on prior written notice to TENANT, but shall not be obligated to, make such payment or perform such other act to the extent the LANDLORD may deem desirable, and in connection therewith to pay expenses and employ counsel. All sums so paid by the LANDLORD and all expenses in connection therewith shall be deemed Additional Rent additional rent hereunder and be payable to the LANDLORD on the first day of the next month and the LANDLORD shall have the same rights and remedies for the nonpayment thereof as in the case of default in the payment of the basic rent reserved hereunder.