To Tenant Sample Clauses

To Tenant. Organon Teknika Corporation 1330-A Piccard Drive Rockville, MD 20850-4373 Attention: Richard J. James to Landlord: Ward Corporation 1300 Piccard Drive Rockville, MD 20850 Attention: Richard E. Ward or to such other address as either Landlord or Tenant may designate as its new address for such purpose by notice to the other in accordance with the provisions of this Section. Any such bill, statement notice, demand, request or other communication shall be deemed to have been rendered or given two (2) days after the date when it shall have been mailed as provided in this Section if sent by registered or certified mail, or upon the date personal delivery is made. If Tenant is notified of the identity and address of Landlord's mortgagee or ground or underlying lessor, Tenant shall give to such mortgagee or ground or underlying lessor notice of any default by Landlord under the terms of this Lease in writing sent by registered or certified mail, and such mortgagee or ground or underlying lessor shall be given a reasonable opportunity to cure such default prior to Tenant's exercising any remedy available to it.
To Tenant. If Lessee shall at any time fail to pay any Amount Due, and such failure shall continue beyond the expiration of any applicable grace or cure period, Lessor may, but shall not be obligated to, from time to time and without prejudice to any other remedy, apply all or any portion of the Security Deposit to the extent necessary toward the payment of any such Amount Due. In the event Lessor applies the Security Deposit or a portion thereof as provided in this Section 4, Lessee shall immediately upon notice from Lessor of such application pay the amount so applied to Lessor, it being the intent of the parties that the Security Deposit held by Lessor always be in the amount stated above. It is expressly understood and agreed, however, that the Security Deposit shall not be considered an advance payment of rent or a measure of Lessor's damages in the event of any default by Lessee. If, at the expiration or other termination of this Lease, Lessee is not in default of any of its covenants, the Security Deposit shall be returned by Lessor to Lessee without interest.
To Tenant. Upon receipt by Tenant of the Demand Notice, in a written notice (the "Election Notice") to Lender, provided a copy thereof is simultaneously given by Tenant to Landlord and further provided Lender receives the Election Notice within sixty (60) days of Tenant's receipt of the Demand Notice (the "Election Period"), Tenant may elect the option set forth below. Lender agrees not to acquire title to or take possession of the Leased Premises (a) during the Election Period and (b) if Tenant exercises its election below, for a period of forty-five (45) days after Lender receives the Election Notice (the "Standstill Period"). If Tenant shall fail to deliver to Lender the Election Notice prior to the expiration of the Election Period, then all rights and obligations of Tenant and Lender under this Paragraph 3 shall automatically cease and terminate. In the Election Notice, Tenant may elect to purchase from Lender all of Lender's right, title and interest in and to the Loan Documents, for a sum equal to the total amount then due and owing to Lender thereunder (the "Sale") as of the closing (the "Sale Closing") of the Sale, including, but not limited to, all outstanding principal, interest, late fees, charges and attorney's fees due under the Loan Documents as of the Sale Closing, together with all fees, costs and expenses incurred by Lender in connection with the preparation of all documents reasonably required by Lender to evidence the Sale (collectively, the "Obligations"), which documents shall be in form and substance reasonably satisfactory to Lender and which shall be without recourse to Lender and shall not contain any warranties or representations other than a representation from Lender to Tenant that (x) it owns the Loan Documents, (y) the Loan 3 105 Documents are free and clear of any liens or any other person's or entity's interest therein and (z) Lender has all necessary power and authority without need for consent from any other person or entity to sell the Loan Documents or has obtained all necessary consents therefor; PROVIDED, HOWEVER, Tenant's right to purchase the Loan Documents hereunder automatically shall expire and Lender no longer shall have any obligations to Tenant under this clause (i) or clause (ii) below if the Sale Closing and payment to Lender of the Obligations in immediately available funds have not occurred on or before forty-five (45) days after Lender receives the Election Notice.
To Tenant. (i) the Deed, the Assignment of Leases and title clearing documents, if any (each of which may be released by Escrow Agent to Tenant's title insurance company prior to the Closing for recording contemporaneously with the Closing pursuant to usual and customary escrow instructions for commercial real estate transactions in Boston, Massachusetts);
To Tenant. Similarly, if Tenant has delivered a letter of credit to Landlord in satisfaction of its obligations with respect to the Phase I Security Deposit, and if Tenant has not defaulted in the performance of its obligations under this Lease, the same shall be returned to Tenant promptly following the Phase II Commencement Date. The remaining portion of the Security Deposit, being FIVE HUNDRED THOUSAND AND NO/100 DOLLARS ($500,000.00)(the "PHASE II SECURITY DEPOSIT") shall be deposited with Landlord by cashier's check or by wire transfer to Landlord's account. Landlord shall have no obligation to pay interest with respect to such funds (except as provided in the following sentence) nor to segregate such funds from its other accounts and assets. The Phase II Security Deposit, together with interest thereon in the amount of Five Hundred Thousand Dollars ($500,000) (for a total amount of One Million Dollars ($1,000,000), shall be credited against one-half of each monthly payment of Base Rent coming due during the eleventh (11th) year after the Phase II Commencement Date and thereafter until such amount has been fully credited. If there exists an Event of Default under this Lease, including but not limited to the provisions relating to the payment of rent, Landlord may, but shall not be required to, use, apply or retain all or any part of the Security Deposit for the payment of any rent or any other sum in default, or for the payment of any other amount which Landlord may spend or become obligated to spend by reason of Tenant's default or to compensate Landlord for any other loss or damage which Landlord may suffer by reason of Tenant's default, including without limitation, reasonable costs and attorneys' fees incurred by Landlord to recover possession of the Leased Premises upon a default by Tenant hereunder. If any portion of said deposit is so used or applied, Tenant shall, upon demand therefor, deposit cash with the Escrow Agent, or, in the case of the Phase I Security Deposit, a letter of credit with Landlord in an amount sufficient to restore the security deposit to its original amount and Tenant's failure to do so shall constitute a default hereunder by Tenant. Tenant shall have no obligation, however, to replace that portion of the Phase I Security Deposit which is disbursed by the Escrow Agent to Landlord as payment for Base Rent pursuant to the preceding paragraph.
To Tenant. Any notices herein provided or permitted to be given by the Landlord to the Tenant shall be sufficiently given if:
To Tenant. All notices or demands required to be given to Tenant hereunder shall be in writing, and shall be deemed duly served when delivered personally to any officer (or a partner of Tenant if Tenant is a partnership or to Tenant individually if Tenant is a sole proprietor) or manager of Tenant whose office is in the Building, or when deposited in the United States mail, postage prepaid, certified or registered, return receipt requested, addressed to Tenant at the Premises, or, prior to Tenant’s taking possession of the Premises, to the address known to Landlord as Tenant’s principal office address.
To Tenant. TO LANDLORD: ---------- ----------- Display Arts, Inc. The Hertz Group 1425 Elm Hill Pike 617 South Olive Street, Suite 1210 Nashville, Tennessee 37210 Los Angeles, California 90014
To Tenant. Mr. Earl Wiklund Harden & Company, Inc. 3450 Wilshire Boulevard, Ste. 210 Los Angeles, CA 90010 With a copy to: N/A To Landlord: Total Properties Management Company 3450 Wilshire Boulevard, Suite 400 Los Angeles, California 90010 ARTICLE XXVII WAIVER ------