breach of Lease definition

breach of Lease means either : (i) the failure of Lessee to pay Rent or Additional Rent more than five (5) days after receipt of written notice thereof (provided that if Lessee defaults more than two (2) times in any twelve (12) month period, no such notice shall be necessary, or (ii) the failure of Lessee to perform any obligation hereunder other than the payment of Rent or Additional Rent for a period of more than thirty (30) days after receipt of written notice such breach, provided that if such breach cannot be reasonably cured within such thirty (30) day period, Lessee shall not be in default hereunder, if Lessee commences the cure within such thirty (30) days period and diligently pursues completion. If the Lessor chooses to repossess the Premises, the Lease will automatically terminate in accordance with the provisions of the California Civil Code, Section 1951.
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breach of Lease. If Lessee shall default in any rental payment, become insolvent, cease doing business, file for bankruptcy, or fail to uphold the terms of this agreement, USMS may, without notice, terminate this agreement, and, without court order, enter Lessee’s premises to take possession of Equipment. Lessee shall pay USMS all monies due, or those that would have been due, as if the agreement had run its full term.
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Examples of breach of Lease in a sentence

  • If said breach of Lease continues, Lessor may, at any time thereafter, elect to terminate the Lease.

  • Unauthorized occupancy by any person(s) not named on the Lease shall be considered an unauthorized sublet and subject to such fees as set forth in the Lease documents and may be considered a breach of Lease.

  • Failure to establish utility service by Lease Start Date is a breach of Lease Contract and will result in an administrative fee of $5 per day from Lease Start Date until utility service is established by Resident.

  • Assignee will not be liable for Lessor’s negligence or willful misconduct or breach of Lease, nor will any action or inaction by Lessor affect the obligations of Lessee to Assignee under this Lease.

  • However, Lessor shall remain liable to Lessee, in a separate action at law, for direct damages resulting from Lessor’s negligence, willful misconduct, or breach of Lease.

  • If, after such notice to Landlord and Assignee (as defined in Paragraph 22.9 below), if any, Landlord and Assignee shall fail to cure such default as provided herein, Tenant shall have the right, but not the obligation, to cure any such default at Landlord’s sole cost and expense including in such expenditure all costs and attorneys’ fees incurred to cure such default or breach of Lease.

  • However, Landlord shall be solely responsible for any costs related to the Tenant Improvements to the extent the same result from Landlord’s gross negligence, intentional misconduct or breach of Lease.

  • However, Lessee will not be liable to a person (including Lessor or Assignee) pursuant to the foregoing for any Claims to the extent resulting from that person’s negligence or willful misconduct or breach of Lease (but this limitation does not limit Lessee’s liability to any other person for any Claims).

  • Lessee's failure to execute and deliver any such documents or instruments shall be deemed a breach of Lease.

  • Landlord may apply Security Deposit to the payment of accrued Rent and the amount of any damages caused by Tenant, including but not limited to, physical damages, appropriate charges to Tenant not previously reimbursed to Landlord, and actual damages for breach of Lease including attorneys’ fees and costs.