Common use of Tenant’s Lease Default Clause in Contracts

Tenant’s Lease Default. Notwithstanding any terms to the contrary contained in this Lease, if Tenant is in default of this Lease (including, without limitation, this Tenant Work Letter) at any time on or before the completion of the Tenant Improvements, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Tenant Improvements (in which case, Tenant shall be responsible for any delay in the completion of the Tenant Improvements caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be suspended until such time as such default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the completion of the Tenant Improvements caused by such inaction by Landlord). Notwithstanding the forgoing, if a default by Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately.

Appears in 3 contracts

Samples: Lease Agreement (Cloudflare, Inc.), Lease Agreement (Cloudflare, Inc.), Office Lease Agreement (Workday, Inc.)

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Tenant’s Lease Default. Notwithstanding any terms to the contrary contained in this Lease, if Tenant is in default Default of this Lease (including, without limitation, this Tenant Work Letter) at any time on or before the completion of the Tenant Improvements, then then, during the continuance of any such Default, (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Tenant Improvements (in which case, Tenant shall be responsible for any delay in the completion of the Tenant Improvements caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be suspended until such time as such default Default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the completion of the Tenant Improvements caused by such inaction by Landlord). Notwithstanding the forgoing, if a default Default by Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately.

Appears in 2 contracts

Samples: Lease Agreement (10X Genomics, Inc.), Lease Agreement (10x Genomics, Inc.)

Tenant’s Lease Default. Notwithstanding any terms provision to the contrary contained in this Lease, if an event of default as described in the Lease, or a default by Tenant is in default of this Lease (including, without limitation, under this Tenant Work Letter) , has occurred at any time on or before the completion Substantial Completion of the Tenant ImprovementsPremises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Tenant Improvements Premises (in which case, Tenant shall be responsible for any delay in the completion Substantial Completion of the Tenant Improvements Premises caused by such work stoppagestoppage as set forth in Section 5 of this Tenant Work Letter), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be suspended forgiven until such time as such default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the completion of the Tenant Improvements caused by such inaction by Landlord)Lease. Notwithstanding the forgoing, if a default by Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately.EXHIBIT B XXXXXXX X XXXXXXXXX XXXXXXXX XXXX

Appears in 2 contracts

Samples: Office Lease (Giga Tronics Inc), Office Lease (Giga Tronics Inc)

Tenant’s Lease Default. Notwithstanding any terms provision to the contrary contained in the Lease or this LeaseWork Letter, if Tenant is any default (beyond the applicable notice and cure period set forth in default of this Lease or this Work Letter) by Tenant under the Lease or this Work Letter (including, without limitation, this any failure by Tenant Work Letterto fund any portion of the Over-Allowance Amount) occurs at any time on or before the completion Substantial Completion of the Tenant Improvements, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may may, without any liability whatsoever, cause Contractor to cease the cessation of construction of the Tenant Improvements (in which case, Tenant shall be responsible for any delay in the completion Substantial Completion of the Tenant Improvements caused by such work stoppageand any costs occasioned thereby), and (ii) all other obligations of Landlord under the terms of the Lease and this Tenant Work Letter shall be suspended forgiven until such time as such default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the completion of the Tenant Improvements caused by such inaction by Landlord). Notwithstanding the forgoing, if a default by Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediatelythis Lease.

Appears in 2 contracts

Samples: Office Lease (Anaptysbio Inc), Office Lease (Anaptysbio Inc)

Tenant’s Lease Default. Notwithstanding any terms provision to the contrary contained in this Lease, if Tenant is a Default as described in default of this Lease (including, without limitation, or this Tenant Work Letter) Letter has occurred at any time on or before the substantial completion of the Tenant Improvements, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Tenant Improvements (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be suspended forgiven until such time as such default is cured pursuant to the terms of the this Lease (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements caused by such inaction by Landlord). Notwithstanding the forgoingforegoing, if a default by Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately.. EXHIBIT B SCHEDULE 1

Appears in 2 contracts

Samples: Office Lease (Dropbox, Inc.), Office Lease (Dropbox, Inc.)

Tenant’s Lease Default. Notwithstanding any terms provision to the contrary contained in this the Lease, as amended, or this Work Letter, if any default by Tenant is in default of under the Lease, as amended, beyond any applicable notice and cure period or this Lease Work Letter (including, without limitation, this any failure by Tenant Work Letterto fund any portion of the Over-Allowance Amount) occurs at any time on or before the substantial completion of the Tenant Improvements, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, as amended, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may may, without any liability whatsoever, cause Contractor to cease the cessation of construction of the Tenant Improvements (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements caused by such work stoppageand any costs occasioned thereby), and (ii) all other obligations of Landlord under the terms of the Lease, as amended, and this Tenant Work Letter shall be suspended forgiven until such time as such default is cured pursuant to the terms of the Lease (in which caseLease, Tenant shall be responsible for any delay in the completion of the Tenant Improvements caused by such inaction by Landlord)as amended. Notwithstanding the forgoing, if a default by Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately.EXHIBIT B SCHEDULE 1

Appears in 2 contracts

Samples: Office Lease (DoorDash Inc), Office Lease (DoorDash Inc)

Tenant’s Lease Default. Notwithstanding any terms provision to the contrary contained in the Lease or this LeaseTenant Work Letter, if any monetary or material non-monetary Default by Tenant is in under the Lease or default of under this Lease Tenant Work Letter (including, without limitation, this any failure by Tenant Work Letterto fund any portion of the Over-Allowance Amount) occurs at any time on or before the substantial completion of the Tenant Improvements, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may may, without any liability whatsoever, cause Contractor to cease the cessation of construction of the Tenant Improvements (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements caused by such work stoppageand any costs occasioned thereby), and (ii) all other obligations of Landlord under the terms of the Lease and this Tenant Work Letter shall be suspended forgiven until such time as such default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the completion of the Tenant Improvements caused by such inaction by Landlord)Lease. Notwithstanding the forgoing, if a default by Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately.EXHIBIT B EXHIBIT C CHINA BASIN

Appears in 2 contracts

Samples: Office Lease (Lyft, Inc.), Office Lease (Lyft, Inc.)

Tenant’s Lease Default. Notwithstanding any terms provision to the contrary contained in the Lease or this LeaseWork Letter, if any default by Tenant is in default of under the Lease or this Lease Work Letter (including, without limitation, this any failure by Tenant Work Letterto fund any portion of the Over-Allowance Amount) occurs at any time on or before the substantial completion of the Tenant Improvements, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may may, without any liability whatsoever, cause Contractor to cease the cessation of construction of the Tenant Improvements (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements caused by such work stoppageand any costs occasioned thereby), and (ii) all other obligations of Landlord under the terms of the Lease and this Tenant Work Letter shall be suspended forgiven until such time as such default is cured pursuant to the terms of the Lease. EXHIBIT C XXXXXX CENTRE DEL MAR NOTICE OF LEASE TERM DATES To: Re: Office Lease dated , 20 (in which casethe “Lease”), Tenant shall be responsible by and between , a (“Landlord”), and , a (“Tenant”), for rentable square feet of space commonly known as Suite (the “Premises”), located on the ( ) floor of that certain office building located at , , (the “Building”). Dear : Notwithstanding any delay provision to the contrary contained in the completion of Lease, this letter is to confirm and agree upon the Tenant Improvements caused by such inaction by Landlord). Notwithstanding the forgoing, if a default by Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately.following:

Appears in 2 contracts

Samples: Office Lease (Airgain Inc), Office Lease (Airgain Inc)

Tenant’s Lease Default. Notwithstanding any terms provision to the contrary contained in this Lease, if Tenant is an event of default as described in default of this the Lease (including, without limitation, or this Tenant Work Letter) Letter has occurred at any time on or before the completion Substantial Completion of the Tenant ImprovementsPremises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the this Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Tenant Improvements Premises (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements Premises caused by such EXHIBIT A-1 -10- 000 XXXXXXX XXXXXXXXX [Atara Biotherapeutics, Inc.] work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be suspended forgiven until such time as such default is cured pursuant to the terms of the this Lease (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements Premises caused by such inaction by Landlord). Notwithstanding the forgoingEXHIBIT A-1 -11- 000 XXXXXXX XXXXXXXXX [Atara Biotherapeutics, if a default by Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately.Inc.] EXHIBIT C 000 XXXXXXX XXXXXXXXX

Appears in 1 contract

Samples: Office Lease (Atara Biotherapeutics, Inc.)

Tenant’s Lease Default. Notwithstanding any terms provision to the contrary contained in this the Lease, if Tenant is an event of default as described in default of this the Lease (including, without limitation, or this Tenant Work Letter) Letter has occurred at any time on and continues beyond applicable notice or cure periods and before the completion Substantial Completion of the Tenant ImprovementsPremises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Tenant Improvements Premises (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements Premises caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be suspended forgiven until such time as such default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements Premises caused by such inaction by Landlord). Notwithstanding the forgoing, if a default by SCHEDULE 1 TO EXHIBIT A BASE BUILDING IMPROVEMENTS Example of Items qualifying for Base Building Improvement Allowance (“BBIA”) and Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately.Improvement Allowance (“TIA”)

Appears in 1 contract

Samples: Pacira Pharmaceuticals, Inc.

Tenant’s Lease Default. Notwithstanding any terms provision to the contrary contained in this the Lease, if an Event of Default by Tenant is in default of this under the Lease (including, without limitation, or this Tenant Work Letter) Letter has occurred at any time on or before the completion Substantial Completion of the Tenant ImprovementsExpansion Space and remains after the expiration of applicable notice and cure periods, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, at law and/or in equity, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease suspend the construction of the Tenant Improvements Expansion Space (in which case, Tenant shall be responsible for any delay in the completion Substantial Completion of the Tenant Improvements Expansion Space caused by such work stoppagestoppage as set forth in Section 5.2 of this Tenant Work Letter), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be suspended forgiven until such time as such default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the completion Substantial Completion of the Tenant Improvements Expansion Space caused by such inaction by Landlord). Notwithstanding the forgoing, if a default by Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately.

Appears in 1 contract

Samples: Lease (Raptor Pharmaceutical Corp)

Tenant’s Lease Default. Notwithstanding any terms provision to the contrary contained in the Lease or this LeaseTenant Work Letter, if in case of any uncured monetary or material non-monetary Event of Default by Tenant under the Lease or any material default by Tenant under this Tenant Work Letter which is in default of this Lease not cured within three (3) business days after notice from Landlord (including, without limitation, this any failure by Tenant Work Letterto fund any portion of the Over-Allowance Amount) occurs at any time on or before the substantial completion of the Tenant Improvements, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may may, without any liability whatsoever, cause Contractor to cease the cessation of construction of the Tenant Improvements (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements caused by such work stoppageand any costs occasioned thereby), and (ii) all other obligations of Landlord under the terms of the Lease and this Tenant Work Letter shall be suspended tolled until such time as such default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the completion of the Tenant Improvements caused by such inaction by Landlord)Lease. Notwithstanding the forgoing, if a default by Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately.TENANT WORK

Appears in 1 contract

Samples: Lease (Ellie Mae Inc)

Tenant’s Lease Default. Notwithstanding any terms provision to the contrary contained in this Lease, if Tenant is a Default as described in default of this Lease (including, without limitation, or this Tenant Work Letter) Letter has occurred at any time on or before the substantial completion of the Tenant Improvements, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Tenant Improvements (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be suspended forgiven until such time as such default is cured pursuant to the terms of the this Lease (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements caused by such inaction by Landlord). Notwithstanding the forgoingforegoing, if a default by Tenant is cured, forgiven or waived, Landlord’s 's suspended obligations shall be fully reinstated and resumed, effective immediately.. SCHEDULE 1 TO EXHIBIT B 000 XXXXXXX XXXXXX LIST OF TENANT DELIVERABLES

Appears in 1 contract

Samples: Office Lease (Okta, Inc.)

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Tenant’s Lease Default. Notwithstanding any terms provision to the contrary contained in this Lease, if Tenant is an event of default as described in default of this the Lease (including, without limitation, or this Tenant Work Letter) Letter has occurred at any time on or before the substantial completion of the Tenant Improvements, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the this Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Tenant Improvements (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be suspended forgiven until such time as such default is cured pursuant to the terms of the this Lease (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements caused by such inaction by Landlord). Notwithstanding EXHIBIT B EXHIBIT C 000 XXXX XXXXXX NOTICE OF LEASE TERM DATES To: Re: Office Lease dated , 20 between , a (“Landlord”), and , a (“Tenant”) concerning Suite on floor(s) of the forgoingoffice building located at 000 Xxxx Xxxxxx, if a default by Tenant is curedXxx Xxxxxxxxx, forgiven or waivedXxxxxxxxxx. Gentlemen: In accordance with the Office Lease (the “Lease”), Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately.we wish to advise you and/or confirm as follows:

Appears in 1 contract

Samples: Office Lease (Docusign Inc)

Tenant’s Lease Default. Notwithstanding any terms provision to the contrary contained in this Lease, if Tenant is a Default as described in default Section 19.1 of this the Lease (including, without limitation, or under this Tenant Work Letter) Letter has occurred at any time on or before the substantial completion of the Tenant ImprovementsAdditional Premises and/or the Existing Premises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the this Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement First Amendment Allowance and/or Landlord may cause Contractor to cease the construction of the Tenant Improvements Additional Premises and/or the Existing Premises (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements Additional Premises and/or the Existing Premises caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be suspended forgiven until such time as such default Default is cured pursuant to the terms of the this Lease (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements Additional Premises and/or the Existing Premises caused by such inaction by Landlord). Notwithstanding the forgoing, if a default by Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately.

Appears in 1 contract

Samples: Office Lease (CrowdStrike Holdings, Inc.)

Tenant’s Lease Default. Notwithstanding any terms to the contrary contained in this Lease, if Tenant is in default Default of this Lease (including, without limitation, this Tenant Work Letter) at any time on or before the completion of the Tenant Improvements, then then, during the continuance of any such Default, (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Tenant Improvements (in which case, Tenant shall be responsible for any delay in the completion of the Tenant Improvements caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be suspended until such time as such default Default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the completion of the Tenant Improvements caused by such inaction by Landlord). Notwithstanding the forgoing, if a default Default by Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately.. 6.5

Appears in 1 contract

Samples: Lease Agreement (10x Genomics, Inc.)

Tenant’s Lease Default. Notwithstanding any terms provision to the contrary contained in this Amendment, if an event of default as described in the Lease, if as amended, or a default by Tenant is in default of this Lease (including, without limitation, under this Tenant Work Letter) , has occurred at any time on or before the completion Substantial Completion of the Tenant ImprovementsAdditional Premises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, as amended, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Tenant Improvements Additional Premises (in which case, Tenant shall be responsible for any delay in the completion Substantial Completion of the Tenant Improvements Premises caused by such work stoppagestoppage as set forth in Section 5 of this Tenant Work Letter), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be suspended forgiven until such time as such default is cured pursuant to the terms of the Lease (in which caseLease, Tenant shall be responsible for any delay in the completion of the Tenant Improvements caused by such inaction by Landlord)as amended. Notwithstanding the forgoing, if a default by Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately.CHINA BASIN LANDING [LoopNet] EXHIBIT B-x LANDLORD IMPROVEMENTS TO ADDITIONAL PREMISES WHARFSIDE BUILDING — KEY PLAN CHINA BASIN LANDING [LoopNet]

Appears in 1 contract

Samples: To Lease (LoopNet, Inc.)

Tenant’s Lease Default. Notwithstanding any terms provision to the ------------------------ contrary contained in this Lease, if Tenant is an event of default as described in default SECTION ------- 12.1 of this Lease (including, without limitation, or in this Tenant Work LetterLetter has occurred (after expiration ---- of applicable cure periods) at any time on or before the substantial completion of the Tenant Improvements, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the this Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Tenant Improvements (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements caused by such work stoppagestoppage and such delay shall not be deemed a Lease Commencement Date Delay), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be suspended forgiven until such time as such default is cured pursuant to the terms of the this Lease (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements Premises caused by such inaction by LandlordLandlord and such delay shall not be deemed a Lease Commencement Date Delay). Notwithstanding the forgoing, if a default by Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately.

Appears in 1 contract

Samples: Lease Agreement (21st Century Insurance Group)

Tenant’s Lease Default. Notwithstanding any terms provision to the contrary contained in this Lease, if Tenant is an event of default as described in default of this the Lease (including, without limitation, or this Tenant Work Letter) Letter has occurred at any time on or before the completion Substantial Completion of the Tenant Improvements (including, without limitation, Tenant’s use of non-union labor in connection with the Tenant Improvements), then (i) in addition to all other rights and remedies granted to Landlord pursuant to the this Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Tenant Improvements Premises (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements Premises caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be suspended forgiven until such time as such default is cured pursuant to the terms of the this Lease (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements Premises caused by such inaction by Landlord). Notwithstanding the forgoingforegoing, if a default by Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately.

Appears in 1 contract

Samples: Office Lease (Kythera Biopharmaceuticals Inc)

Tenant’s Lease Default. Notwithstanding any terms provision to the contrary contained in this Lease, if Tenant is an event of default as described in default of this the Lease (including, without limitation, or this Tenant Work Letter) Letter has occurred at any time on or before the substantial completion of the Tenant ImprovementsPremises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the this Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Tenant Improvements Premises (in which case, Tenant shall be responsible for any delay in the substantial completion of the Tenant Improvements Premises caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be suspended forgiven until such time as such default is cured pursuant to the terms of the this Lease (in which case, Tenant shall be responsible for any delay in the .substantial completion of the Tenant Improvements Premises caused by such inaction by Landlord). Notwithstanding EXHIBIT C ACCEPTANCE AGREEMENT This Acceptance Agreement is made as of , by and between the forgoingparties hereto with regard to that certain Lease dated ,by and between M WEST PROPCO XX, if LLC, a default by Delaware limited liability company, as Landlord (“Landlord”), and , a , as Tenant is cured(“Tenant”), forgiven or waivedaffecting those premises located at , Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately.California. The parties hereto agree as follows:

Appears in 1 contract

Samples: Acceptance Agreement (Rodgers Silicon Valley Acquisition Corp)

Tenant’s Lease Default. Notwithstanding any terms to the contrary contained in this the Lease, if Tenant is in default of this the Lease (including, without limitation, this Tenant Work Letter) at any time on or before the completion of the Tenant Improvements, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Tenant Improvements (in which case, Tenant shall be responsible for any delay in the completion of the Tenant Improvements caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be suspended until such time as such default is cured pursuant to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the completion of the Tenant Improvements caused by such inaction by Landlord). Notwithstanding the forgoing, if a default by Tenant is cured, forgiven or waived, Landlord’s suspended obligations shall be fully reinstated and resumed, effective immediately.

Appears in 1 contract

Samples: Lease (Callidus Software Inc)

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