Breach of Agreement. Lessee breaches or fails to perform, observe or meet any covenant or condition of this Agreement, provided, however, with respect to non-monetary defaults hereunder, Lessee shall have twenty days after notice from Lessor to cure such non-monetary default, or if such default (but for the payment of monies) cannot be cured within twenty days, such longer time as may be reasonably necessary to effect a cure if Lessee is diligently pursuing a course of conduct reasonably designed to cure the default.; or
Appears in 29 contracts
Samples: Development Financing Agreement (Aei Income & Growth Fund Xxi LTD Partnership), Development Financing Agreement (Aei Real Estate Fund Xv LTD Partnership), Development Financing Agreement (Aei Net Lease Income & Growth Fund Xx Limited Partnership)
Breach of Agreement. Lessee breaches or fails to perform, observe or meet any covenant or condition of this Agreement, provided, however, with respect to non-monetary defaults hereunder, Lessee shall have twenty days after notice from Lessor to cure such non-monetary default, or if such default (but for the payment of monies) cannot be cured within twenty days, such longer time as may be reasonably necessary to effect a cure if Lessee is diligently pursuing a course of conduct reasonably designed to cure the default.; and with respect to monetary defaults, Lessee shall have five days after notice from Lessor to cure any such monetary defaults; or
Appears in 11 contracts
Samples: Development Financing Agreement (Aei Real Estate Fund Xvii Limited Partnership), Development Financing Agreement (Aei Income & Growth Fund 23 LLC), Development Financing Agreement (Aei Income & Growth Fund 24 LLC)
Breach of Agreement. Lessee breaches or fails to perform, observe or meet any covenant or condition of this Agreement, provided, however, with respect to non-monetary defaults hereunder, Lessee shall have twenty days after notice from Lessor to cure such non-non- monetary default, or if such default (but for the payment of monies) cannot be cured within twenty days, such longer time as may be reasonably necessary to effect a cure if Lessee is diligently pursuing a course of conduct reasonably designed to cure the default.; or
Appears in 4 contracts
Samples: Development Financing Agreement (Aei Real Estate Fund Xviii Limited Partnership), Development Financing Agreement (Aei Real Estate Fund Xvii Limited Partnership), Development Financing Agreement (Aei Real Estate Fund Xv LTD Partnership)
Breach of Agreement. Lessee breaches or fails to perform, observe or meet any covenant or condition of this Agreement, provided, however, with respect to non-monetary defaults hereunder, Lessee shall have twenty days after notice from Lessor to cure such non-monetary default, or if such default (but for the payment of monies) cannot be cured within twenty days, such longer time as may be reasonably necessary to effect a cure if Lessee is diligently pursuing a course of conduct reasonably designed to cure the default.; or
Appears in 1 contract
Samples: Development Financing Agreement (Aei Real Estate Fund Xvii Limited Partnership)
