Rights on Tenant's Default Sample Clauses

Rights on Tenant's Default. The following shall constitute an “Event of Default” by Tenant under this Lease: (a) a failure to pay when due any payment due under this Lease or a failure by Tenant to provide to Landlord the subordination or estoppel certificate required under this Lease or a breach of Article IV of this Lease, provided that with regard to any payment default, no Event of Default shall exist until ten (10) days after written notice from Landlord of such failure to pay, provided further that Landlord shall be required to give no more than two
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Rights on Tenant's Default. The following shall constitute an "Event of Default" by Tenant under this Lease: (a) a failure to pay when due any payment due under this Lease or a failure by Tenant to provide to Landlord the subordination or estoppel certificate required under this Lease or a breach of Article IV of this Lease, provided that with regard to any payment default, no Event of Default shall exist until ten (10) days after written notice from Landlord of such failure to pay, provided further that Landlord shall be required to give no more than two (2) such notices in any calendar year, or (b) any other default by Tenant in the performance or observance of an obligation under this Lease shall continue after thirty (30) days written notice by Landlord to Tenant; provided that if such default cannot reasonably be cured within said 30-day period, an Event of Default shall not exist if Tenant has commenced efforts to cure such default within such 30-day period and thereafter diligently pursues the same to completion.
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Rights on Tenant's Default. On each and every occasion on which the Tenant omits or neglects to do or effect anything which the Tenant is obliged by this Lease to do or effect, it shall be lawful (but not obligatory upon the Landlord and without prejudice to any rights and powers arising from such default) for the Landlord to do or effect such thing by its architects, contractors, workmen, servants, employees and agents as if the Landlord or its architects, contractors, workmen, servants employees and agents may enter upon the Premises and there remain for the purpose of doing or effecting any such thing and all costs and expense of carrying out such thing or works shall be payable by the Tenant on demand. Exhibit 10.1
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Rights on Tenant's Default. In the event of any default ------------- -------------------------- by Tenant:
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Rights on Tenant's Default. The following shall constitute an “Event of Default” by Tenant under this Lease: (a) a failure to pay when due any payment due under this Lease or a failure by Tenant to provide to Landlord the certificates described in Section 8.02 of this Lease, provided that with regard to any payment default, no Event of Default shall exist until five (5) days after written notice from Landlord of such failure to pay, provided further that Landlord shall be required to give no more than one (1) such notice in any calendar year, or (b) any other default by Tenant in the performance or observance of its obligations under this Lease which shall continue after fifteen (15) days written notice by Landlord to Tenant; provided that if such default is not reasonably susceptible of being cured within said fifteen (15) day period, an Event of Default shall not exist if Tenant has commenced efforts to cure such default within such fifteen (15) day period and thereafter diligently pursues the same to completion, but in no event longer than thirty (30) days. When an Event of Default exists, Landlord shall have the following remedies which shall be Landlord's sole remedies for Tenant's default and shall be in lieu of all other remedies of Landlord at law or in equity: elect to terminate this Lease and immediately re-enter the Demised Premises and remove all persons and property from the Demised Premises. Landlord may store any property so removed at the cost of and for the account of Tenant; perform the covenant of Tenant which is in default (entering on the Demised Premises if necessary) and recover the reasonable cost of such performance from Tenant. Landlord's performance of such covenant shall neither subject Landlord to liability for any loss, inconvenience or damage to Tenant nor be construed as a waiver of Tenant's default or of any other right or remedy provided for herein respecting such default; with respect to a default in any payment due from Tenant to Landlord under this Lease, bring suit for the collection of any amounts for which Tenant is in default; and/or enjoin the failure to perform, or specifically enforce the performance of, any covenant or covenants with respect to which Tenant is in default under this Lease. Interest on any amounts incurred by Landlord as with respect to the cure of an Event of Default hereunder shall bear interest at the Default Rate.
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Rights on Tenant's Default. The following shall constitute an “Event of Default” by Tenant under this Lease: (a) a failure to pay when due any payment due under this Lease or a failure by Tenant to provide to Landlord the certificates described in Section 8.02 of this Lease, provided that with regard to any payment default, no Event of Default shall exist until five (5) days after written notice from Landlord of such failure to pay, provided further that Landlord shall be required to give no more than one (1) such notice in any calendar year, or (b) any other default by Tenant in the performance or observance of its obligations under this Lease which shall continue after fifteen (15) days written notice by Landlord to Tenant; provided that if such default is not reasonably susceptible of being cured within said fifteen (15) day period, an Event of Default shall not exist if Tenant has commenced efforts to cure such default within such fifteen (15) day period and thereafter diligently pursues the same to completion, but in no event longer than thirty (30) days. When an Event of Default exists, Landlord shall have the following remedies which shall be Landlord's sole remedies for Tenant's default and shall be in lieu of all other remedies of Landlord at law or in equity:
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Related to Rights on Tenant's Default

  • Tenant’s Default The occurrence of any one or more of the following events shall constitute a default and breach of this Lease by Tenant:

  • TENANT’S DEFAULTS In addition to any other event of default set forth in this Lease, the occurrence of any one or more of the following events shall constitute a default by Tenant:

  • REMEDIES FOR TENANT'S DEFAULT Upon the occurrence of a Default as defined above, Landlord may elect either (i) to cancel and terminate this Lease and this Lease shall not be treated as an asset of Tenant's bankruptcy estate, or (ii) to terminate Tenant's right to possession only without canceling and terminating Tenant's continued liability under this Lease. Notwithstanding the fact that initially Landlord elects under (ii) to terminate Tenant's right to possession only, Landlord shall have the continuing right to cancel and terminate this Lease by giving three (3) days' written notice to Tenant of such further election, and shall have the right to pursue any remedy at law or in equity that may be available to Landlord. In the event of election under (ii) to terminate Tenant's right to possession only, Landlord may, at Landlord's option, enter the Premises and take and hold possession thereof, without such entry into possession terminating this Lease or releasing Tenant in whole or in part from Tenant's obligation to pay all amounts hereunder for the full stated term. Upon such reentry, Landlord may remove all persons and property from the Premises and such property may be removed and stored in a public warehouse or elsewhere at the cost and for the account of Tenant, without becoming liable for any loss or damage which may be occasioned thereby. Such reentry shall be conducted in the following manner: without resort to judicial process or notice of any kind if Tenant has abandoned or voluntarily surrendered possession of the Premises; and, otherwise, by resort to judicial process. Upon and after entry into possession without termination of the Lease, Landlord may, but is not obligated to, relet the Premises, or any part thereof, to any one other than the Tenant, for such time and upon such terms as Landlord, in Landlord's sole discretion, shall determine. Landlord may make alterations and repairs to the Premises to the extent deemed by Landlord necessary or desirable to relet the Premises. Upon such reentry, Tenant shall be liable to Landlord as follows:

  • Events of Tenant’s Default Tenant shall be in default of its obligations under this Lease if any of the following events occur:

  • CURING TENANT'S DEFAULTS If Tenant defaults in the performance of any of its obligations under this Lease, Landlord may (but shall not be obligated to) without waiving such default, perform the same for the account at the expense of Tenant. Tenant shall pay Landlord all costs of such performance promptly upon receipt of a xxxx therefor.

  • Landlord’s Right to Cure Tenant’s Default If an Event of Default shall have occurred and be continuing, Landlord, after Notice to Tenant (which Notice shall not be required if Landlord shall reasonably determine immediate action is necessary to protect person or property), without waiving or releasing any obligation of Tenant and without waiving or releasing any Event of Default, may (but shall not be obligated to), at any time thereafter, make such payment or perform such act for the account and at the expense of Tenant, and may, to the maximum extent permitted by law, enter upon the Leased Property or any portion thereof for such purpose and take all such action thereon as, in Landlord's sole and absolute discretion, may be necessary or appropriate therefor. No such entry shall be deemed an eviction of Tenant. All reasonable costs and expenses (including, without limitation, reasonable attorneys' fees) incurred by Landlord in connection therewith, together with interest thereon (to the extent permitted by law) at the Overdue Rate from the date such sums are paid by Landlord until repaid, shall be paid by Tenant to Landlord, on demand.

  • Landlord’s Default and Tenant’s Remedies In the event Landlord fails to perform its obligations under this Lease, Landlord shall nevertheless not be in default under the terms of this Lease until such time as Tenant shall have first given Landlord written notice specifying the nature of such failure to perform its obligations, and then only after Landlord shall have had thirty (30) days following its receipt of such notice within which to perform such obligations; provided that, if longer than thirty (30) days is reasonably required in order to perform such obligations, Landlord shall have such longer period. In the event of Landlord’s default as above set forth, then, and only then, Tenant may then proceed in equity or at law to compel Landlord to perform its obligations and/or to recover damages proximately caused by such failure to perform (except as and to the extent Tenant has waived its right to damages as provided in this Lease).

  • Landlord’s Default Subject to Landlord's right to dispute its obligation in accordance with Section 5.1.5(b), if Landlord shall default in the performance or observance of any of its covenants or obligations set forth in this Agreement, and any such default shall continue for a period of ten (10) days after Notice thereof with respect to monetary defaults, and thirty (30) days after Notice thereof with respect to non-monetary defaults, from Tenant to Landlord and, subject to Section 19.3, any applicable Facility Mortgagee, or such additional period as may be reasonably required to correct such non-monetary defaults, Tenant may declare the occurrence of a "Landlord Default" under this Agreement by giving Notice of such declaration to Landlord and to such Facility Mortgagee. Thereafter, Tenant may (but shall have no obligation to) cure the same and, subject to the provisions of the following paragraph, invoice Landlord for costs and expenses (including reasonable attorneys' fees, paralegals' fees and court costs) incurred by Tenant in curing the same. If any such costs and expenses have not been reimbursed to Tenant as of the fifth (5th) day after the Landlord receives Tenant's Notice therefor, Landlord shall pay to Tenant, a late charge computed at the Overdue Rate on the amount of such reimbursement from the expiration of the applicable cure period to the date of payment thereof. Except as otherwise expressly provided herein to the contrary, Tenant shall have no right to terminate this Agreement for any default by Landlord hereunder or under the Other Leases and no right, for any such default, to offset or counterclaim against any Rent or other charges due hereunder. If Landlord shall in good faith dispute the occurrence of any Landlord Default and Landlord, before the expiration of the applicable cure period, shall give Notice thereof to Tenant, setting forth, in reasonable detail, the basis therefor, no Landlord Default shall be deemed to have occurred and Landlord shall have no obligation with respect thereto until final adverse determination thereof; provided, however, that in the event of any such adverse determination, Landlord shall pay to Tenant interest on any disputed funds at the Disbursement Rate, from the date demand for such funds was made by Tenant until the date of final adverse determination and, thereafter, at the Overdue Rate until paid. During the term of the Operating Agreement, Landlord shall indemnify and hold Tenant harmless against all claims, costs and expenses (including reasonable attorneys' fees and paralegals' fees) arising from a Landlord Default under the terms and conditions of this Agreement which shall cause an Event of Default under Section 16.01 of the Operating Agreement or a breach by Landlord of its obligations under the Owner Agreement or the Pooling Agreement. The provisions of this Section 14.2 shall survive the termination, expiration or cancellation of this Agreement for a period of five (5) years.

  • Landlord's Remedies Upon Default Upon the occurrence of any such default by Tenant, Landlord shall have, in addition to any other remedies available to Landlord at law or in equity, the option to pursue any one or more of the following remedies, each and all of which shall be cumulative and nonexclusive, without any notice or demand whatsoever.

  • Events of Default by Tenant All covenants and agreements to be kept or performed by Tenant under this Lease shall be performed by Tenant at Tenant’s sole cost and expense and without any reduction of Rent. The occurrence of any of the following shall constitute a default of this Lease by Tenant:

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