Common use of Violation of Lease Terms Clause in Contracts

Violation of Lease Terms. A Default by Tenant shall exist if Tenant breaches or fails to comply with any agreement, term, covenant or condition in this Lease applicable to Tenant, and such breach or failure to comply continues for a period of 20 days after notice thereof by Landlord to Tenant, or, if such breach or failure to comply cannot be reasonably cured within such 20 day period, if Tenant shall not in good faith commence to cure such breach or failure to comply within such 20 day period or shall not diligently proceed therewith to completion.

Appears in 2 contracts

Samples: Master Lease, Master Lease

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Violation of Lease Terms. A Default by Tenant shall exist if Tenant breaches or fails to comply with any non-monetary agreement, term, covenant or condition in this Lease applicable to Tenant, and Tenant does not cure such breach or failure to comply continues for a period of 20 within twenty (20) days after notice thereof by Landlord to Tenant, or, if such breach or failure to comply cannot be reasonably cured within such 20 20-day period, if Tenant shall not in good faith commence to cure such breach or failure to comply within such 20 20-day period or shall not diligently proceed therewith to completioncompletion within sixty (60) days following such notice.

Appears in 2 contracts

Samples: Lease of Space (Solera National Bancorp, Inc.), Lease of Space (Solera National Bancorp, Inc.)

Violation of Lease Terms. A Default by Tenant shall exist if Tenant breaches or fails to comply with any agreement, term, covenant or condition in this Lease applicable to Tenant, and Tenant does not cure such breach or failure to comply continues for a period of 20 within 15 business days after written notice thereof by Landlord to Tenant, or, if such breach or failure to comply cannot be reasonably cured within such 20 15-day period, if Tenant shall not in good faith commence to cure such breach or failure to comply within such 20 15-day period or shall not diligently proceed therewith to completioncompletion within 60 days following the occurrence of the breach or failure.

Appears in 1 contract

Samples: AeroGrow International, Inc.

Violation of Lease Terms. A Default by Tenant shall exist if Tenant breaches or fails to comply with any agreement, term, covenant or condition in this Lease applicable to Tenant, and such breach or failure to comply continues for a period of 20 thirty (30) days after notice thereof by Landlord to Tenant, or, if such breach or failure to comply cannot be reasonably cured within such 20 thirty (30) day period, if Tenant shall not in good faith commence to cure such breach or failure to comply within such 20 thirty (30) day period or shall not diligently proceed therewith to completion.

Appears in 1 contract

Samples: Lease (Gc Net Lease Reit, Inc.)

Violation of Lease Terms. A Default by Tenant shall exist if Tenant breaches or fails to comply with any non-monetary agreement, term, covenant or condition in this Lease applicable to Tenant, and Tenant does not cure such breach or failure to comply continues for a period of 20 within thirty (30) days after notice thereof by Landlord to Tenant, or, if such breach or failure to comply cannot be reasonably cured within such 20 30 day period, if Tenant shall not in good faith commence to cure such breach or on failure to comply within such 20 20-day period or shall not diligently proceed therewith to completioncompletion following such notice.

Appears in 1 contract

Samples: Lease Option Agreement (Alliance Data Systems Corp)

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Violation of Lease Terms. A Default by Tenant shall exist if Tenant breaches or fails to comply with any agreement, term, covenant or condition in this Lease applicable to Tenant, and Tenant does not cure such breach or failure to comply continues for a period of 20 within thirty (30) days after notice thereof by Landlord to Tenant, or, if such breach or failure to comply cannot be reasonably cured within such 20 30-day period, if Tenant shall not in good faith commence to cure such breach or failure to comply within such 20 30-day period or shall not diligently proceed therewith to completioncompletion with sixty (60) days following the occurrence of the breach or failure.

Appears in 1 contract

Samples: Lease (Spectralink Corp)

Violation of Lease Terms. A Default by Tenant shall ------------------------ exist if Tenant breaches or fails to comply with any agreement, term, covenant or condition in this Lease applicable to Tenant, and such breach or failure to comply continues for a period of 20 twenty (20) days after notice thereof by Landlord to Tenant, or, if such breach or failure to comply cannot be reasonably cured within such 20 twenty day period, if Tenant shall not in good faith commence to cure such breach or failure to comply within such 20 twenty day period or shall not diligently proceed therewith to completion.

Appears in 1 contract

Samples: Agreement of Lease (Yurie Systems Inc)

Violation of Lease Terms. A Default by Tenant shall exist if Tenant breaches or fails to comply with any agreement, term, covenant or condition in this Lease applicable to TenantTenant (other than as specified in Section 10.2), and such breach or failure to comply continues for a period of 20 days after notice thereof by Landlord to Tenant, or, if such breach or failure to comply cannot be reasonably cured within such 20 20-day period, if Tenant shall not in good faith commence to cure such breach or failure to comply within such 20 20-day period or shall not diligently proceed therewith to completion.

Appears in 1 contract

Samples: Asset Purchase Agreement (Acr Group Inc)

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