Common use of Tenant’s Lease Default Clause in Contracts

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in this Lease: (i) if an Event of Default as described in Article 25 of the Lease has occurred; or (ii) a default by Tenant under this Work Letter has occurred at any time on or before the substantial completion of Landlord's Work and Tenant fails to remedy the default within such 48 hours after written notice from Landlord, then Landlord may thereafter: (x) 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 Premises (in which case, Tenant shall be responsible for any Tenant Delay resulting from such work stoppage as set forth in Section 4.1 above of this Work Letter), and (y) all other obligations of Landlord under the terms of this Work Letter shall be deferred until such time as such default is cured pursuant to the terms of the Lease.

Appears in 6 contracts

Samples: Non Disclosure Agreement (Formfactor Inc), Disclosure Agreement (Formfactor Inc), Non Disclosure Agreement (Formfactor Inc)

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Tenant’s Lease Default. Notwithstanding any provision to the contrary ---------------------- contained in this Lease: (i) , if an Event event of Default default as described in Article 25 Section 19.1 of the Lease has occurred; this Lease, or (ii) a default by Tenant under this Tenant Work Letter Letter, has occurred at any time on or before the substantial completion Substantial Completion of Landlord's Work and Tenant fails to remedy the default within such 48 hours after written notice from LandlordPremises, then Landlord may thereafter: (xi) 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 Premises (in which case, Tenant shall be responsible for any Tenant Delay resulting from delay in the Substantial Completion of the Premises caused by such work stoppage as set forth in Section 4.1 above 5.3 of this Tenant Work Letter), and (yii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be deferred forgiven until such time as such default is cured pursuant to the terms of the Lease.

Appears in 2 contracts

Samples: Office Lease (Entravision Communications Corp), Office Lease (Entravision Communications Corp)

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in this Lease: (i) , if an Event of Default as described in Article 25 Section 16 of the Lease has occurred; or (ii) a default by Tenant under this Work Letter has occurred at any time on or before the substantial completion Substantial Completion of Landlord's Work and Tenant fails to remedy the default within such 48 hours after written notice from LandlordPremises or if a circumstance exists that with the giving of notice, the lapse of time, or both, would constitute an Event of Default under the Lease, then Landlord may thereafter: (xi) 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 TI Allowance and/or Landlord may cause Contractor to cease the construction of the Premises (in which case, Tenant shall be responsible for any Tenant Delay resulting from delay in the Substantial Completion of the Premises caused by such work stoppage as set forth in Section 4.1 above 3.2 of this Work Letter), and (yii) all other obligations of Landlord under the terms of this Work Letter shall be deferred forgiven until such time as such default is cured pursuant to the terms of the this Lease.

Appears in 2 contracts

Samples: Allos Therapeutics Inc, Office Lease (Allos Therapeutics)

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in this Lease: (i) if an Event of Default as described in Article 25 of the Lease has occurred; or occurred or, (ii) a default by Tenant under this Work Letter has occurred at any time on or before the substantial completion of Landlord's ’s Work and Tenant fails to remedy the default within such 48 hours after written notice from Landlord, then Landlord may thereafter: (xi) 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 Premises (in which case, Tenant shall be responsible for any Tenant Delay resulting from such work stoppage as set forth in Section 4.1 above of this Work Letter), and (yii) all other obligations of Landlord under the terms of this Work Letter shall be deferred until such time as such default is cured pursuant to the terms of the Lease.

Appears in 1 contract

Samples: Pacific Corporate Center Lease (Formfactor Inc)

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in this Lease: (i) , if an Event event of Default default that is not cured within the applicable notice and/or cure period as described in Article 25 of the Lease has occurred; Lease, or (ii) a default by Tenant under this Tenant Work Letter that is not cured with the applicable notice and/or cure period (and a default under this Tenant Work Letter shall be entitled to the notice and cure period described in Section 17.1 (d) of the Lease), has occurred at any time on or before the substantial completion of Landlord's Work and Tenant fails to remedy the default within such 48 hours after written notice from LandlordImprovements, then Landlord may thereafter: (xi) 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 Premises (in which case, Tenant shall be responsible for any Tenant Delay resulting from delay in the substantial completion of the Improvements caused by such work stoppage as set forth in Section 4.1 above 5 of this Tenant Work Letter), and (yii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be deferred forgiven until such time as such default is cured pursuant to the terms of the Lease.

Appears in 1 contract

Samples: Office Lease (National Mercantile Bancorp)

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Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in this Lease: (i) if an Event of Default as described in Article 25 of the Lease has occurred; or occurred or, (ii) a default by Tenant under this Work Letter has occurred at any time on or before the substantial completion of Landlord's ’s Work and Tenant fails to remedy the default within such 48 hours after written notice from Landlord, then Landlord may thereafter: (xi) 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 Premises (in which case, Tenant shall be responsible for any Tenant Delay resulting from such work stoppage as set forth in Section 4.1 5.1 above of this Work Letter), and (yii) all other obligations of Landlord under the terms of this Work Letter shall be deferred until such time as such default is cured pursuant to the terms of the Lease.

Appears in 1 contract

Samples: Pacific Corporate Center Lease (Formfactor Inc)

Tenant’s Lease Default. Notwithstanding any provision to the contrary ---------------------- contained in this the Lease: (i) , if an Event event of Default as described default beyond any applicable notice and cure periods permitted in Article 25 of the Lease has occurred; Lease, or (ii) a default by Tenant beyond any applicable notice and cure periods under this Work Letter Letter, has occurred at any time on or before the substantial completion Substantial Completion of Landlord's Work and Tenant fails to remedy the default within such 48 hours after written notice from LandlordPremises, then Landlord may thereafter: (xi) 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 Premises (in which case, case Tenant shall be responsible responsible, as a "Tenant Delay," for any Tenant Delay resulting from delay in the Substantial Completion of the Premises caused by such work stoppage as set forth in Section 4.1 above 5 of this Work Letter), and (yii) all other obligations of Landlord under the terms of this Work Letter shall be deferred forgiven until such time as such default is cured pursuant to the terms of the Lease.

Appears in 1 contract

Samples: Escrow Agreement (Razorfish Inc)

Tenant’s Lease Default. Notwithstanding any provision to the contrary ---------------------- contained in this the Lease: (i) , as amended, if an Event event of Default default as described in Article 25 Section 19.1 of the Lease has occurred; Lease, as amended, or (ii) a default by Tenant under this Tenant Work Letter Letter, has occurred at any time on or before the substantial completion Substantial Completion of Landlord's Work and Tenant fails to remedy the default within such 48 hours after written notice from LandlordNew Premises, then Landlord may thereafter: (xi) 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 New Premises (in which case, Tenant shall be responsible for any Tenant Delay resulting from delay in the Substantial Completion of the New Premises caused by such work stoppage as set forth in Section 4.1 above 5 of this Tenant Work Letter), and (yii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be deferred forgiven until such time as such default is cured pursuant to the terms of the Lease, as amended.

Appears in 1 contract

Samples: Office Lease (Franchise Mortgage Acceptance Co)

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