Common use of TENANT’S DEFAULTS Clause in Contracts

TENANT’S DEFAULTS. Each of the following events shall be an “Event of Default” hereunder: (a) Tenant fails to pay when due any installment of Rent within five (5) Business Days following Tenant’s receipt of written notice that such installment was not received when due; provided however, that Landlord shall not be obligated to deliver such written notice more than twice in any twelve-month period and upon the third such occurrence in any twelve-month period Tenant shall be in default if it fails to pay when due any installment of Rent; or (b) Tenant fails to observe or perform any other term, covenant or condition of this Lease and such failure continues for more than thirty (30) days (ten (10) days with respect to a default under Article 3) after notice by Landlord to Tenant of such default, or if such default (other than a default under Article 3) is of a nature that it cannot be completely remedied within thirty (30) days, failure by Tenant to commence to remedy such failure within said thirty (30) days, and thereafter diligently prosecute to completion all steps necessary to remedy such default, provided in all events the same is completed before Landlord is subjected to any civil or criminal liability by reason of such default; or

TENANT’S DEFAULTS. Each of the following events shall be an “Event of Default” hereunder: : (a) Tenant fails to pay when due any installment of Rent within five (5) and such default shall continue for 5 Business Days following after notice of such default is given to Tenant’s receipt , except that if Landlord shall have given two such notices of written notice that such installment was not received when due; provided howeverdefault in the payment of any Rent in any 12-month period, that Landlord Tenant shall not be obligated entitled to deliver any further notice of its delinquency in the payment of any Rent or an extended period in which to make payment until such written notice more than twice time as 12 consecutive months shall have elapsed without Tenant having failed to make any such payment when due, and the occurrence of any default in the payment of any twelveRent within such 12-month period and upon after the third giving of 2 such occurrence in any twelve-month period Tenant notices shall be in default if it fails to pay when due any installment constitute an Event of RentDefault; or or (b) Tenant fails to observe or perform any other term, covenant or condition of this Lease and such failure continues for more than thirty (30) 30 days (ten (10) 10 days with respect to a default under Article 3) after notice by Landlord to Tenant of such default, or if such default (other than a default under Article 3) is of a nature that it cannot be completely remedied within thirty (30) 30 days, failure by Tenant to commence to remedy such failure within said thirty (30) 30 days, and thereafter diligently prosecute to completion all steps necessary to remedy such default, provided in all events the same is completed before Landlord is subjected to any civil or criminal liability by reason of such defaultwithin 90 days; or

TENANT’S DEFAULTS. Each of the following events shall be an “"Event of Default” " hereunder: (a) Tenant fails to pay when due any installment of Rent within five (5) Business Days following and such default shall continue for 5 days after notice of such default is given to Tenant’s receipt , except that if Landlord shall have given 2 such notices during any calendar year of written notice that such installment was not received when due; provided howeverthe Term, that Landlord Tenant shall not be obligated entitled to deliver such written any further notice more than twice of its delinquency in any twelve-month period and upon the third such occurrence in any twelve-month period Tenant shall be in default if it fails to pay when due payment of any installment of Rentrent until the expiration of such calendar year without Tenant having defaulted in any such payment; or (b) Tenant fails to observe or perform any other term, covenant or condition of this Lease and such failure continues for more than thirty (30) 30 days (ten (10) 10 days with respect to a default under Article 3) after notice by Landlord to Tenant of such default, or if such default (other than a default under Article 3) is of a nature that it cannot be completely remedied within thirty (30) 30 days, failure by Tenant to commence to remedy such failure within said thirty (30) 30 days, and thereafter diligently prosecute to completion all steps necessary to remedy such default, provided in all events the same is completed before Landlord is subjected to any civil or criminal liability by reason of such defaultwithin 90 days; or (c) if Landlord applies or retains any part of the Security Deposit, and Tenant fails to deposit with Landlord the amount so applied or retained by Landlord, or to provide Landlord with a replacement Letter of Credit (as hereinafter defined), if applicable, within 5 days after notice by Landlord to Tenant stating the amount applied or retained.