Forbearance by Landlord. Except as otherwise set forth in this Agreement, Landlord hereby agrees to forbear pursuit of its rights and remedies under the Leases, Guarantees, Pledge Agreements, Security Agreements, and Subordination Agreements (collectively, the “Lease Documents”) and applicable law until the occurrence of a Termination Event (defined below) under this Agreement. Upon a Termination Event, Landlord may cease such forbearance and may immediately commence and pursue any or all rights and remedies Landlord may have under the Lease Documents and applicable law, all in such order and manner as Landlord may elect from time to time in its sole discretion, and without further notice of any kind to any of the Wellington Parties or any other person.
Forbearance by Landlord. So long as Tenant is not in default under the Lease (as amended by this Amendment), Landlord shall not commence any legal action against Tenant for any defaults under the Lease by Tenant occurring prior to the Effective Date. Concurrent with the final payment of Basic Annual Rent by Tenant, Landlord and Tenant shall execute the Agreement of Mutual General Releases attached hereto as Exhibit A.
Forbearance by Landlord. ..23 Section 11.7 Leasehold Mortgagee's Right to Enter Premises .........23 Section 11.8 Interaction Between Lease and Leasehold Mortgage ......23 Section 11.9 Leasehold Mortgagee's Participation Rights.............23 Section 11.10 Confirmation .........................................23 Section 11.11
Forbearance by Landlord. So long as Leasehold Mortgagee shall be diligently exercising its cure rights within the applicable cure periods set forth herein, Landlord shall not (i) re-enter the Premises, (ii) serve the termination notice described in SECTION 26.2, or (iii) bring a proceeding on account of such default to (A) dispossess Tenant and/or other occupants of the Premises, (B) re-enter the Premises, or (C) terminate this Lease or the Leasehold estate. Upon any cessation of Leasehold Mortgagee so exercising such rights prior to the completion of such cure, Landlord may exercise any of Landlord's termination rights contained in this Lease.
Forbearance by Landlord. Any condoning, excusing or overlooking; by the Landlord of any default, breach or nonperformance by the Tenant at any time or times in respect of any payment covenant, agreernent, proviso, or condition contained in the Lease shall not operate as a waiver of the Landlord's right in respect of any subsequent and/or continuing default, breach or nonperformnance, nor so as to defeat or affect in any way the rights of the landlord herein in respect of any such subsequent default, breach or nonperformance.
Forbearance by Landlord. Without waiving any Default by Tenant or the Landlord’s rights and remedies, and subject to the terms and conditions set forth in this Agreement and the Lease, or any documents executed in connection with this Agreement, for so long as Tenant and Tenant’s subtenant are not in default under the Lease and the proposed sublease, as the case may be, Landlord (including its subsidiaries, affiliates, successors and assigns) will forbear from pursuing against Tenant any manner of action and actions, claims, charges, demands, counterclaims, crossclaims, suits, debts, dues, sums of money, accounts, reckonings, bonds, bills, contracts, rights of setoff and recoupment, controversies, damages, judgments, expenses, executions, liens, claims of liens, claims of costs, penalties, attorneys’ fees, or any other compensation, recovery or relief on account of any liability, obligation, demand or cause of action of whatever nature, whether in law, equity or otherwise (each, a “Default Claim”) that arises out of Tenant’s non-payment of Rent or any other sums due to Landlord prior to the date of this Agreement under the existing Lease (collectively, the “Rent Due”). For so long as neither Tenant nor its subtenant is not in default under the existing Lease, as amended, or the new sublease, on the final day of the third, fourth and fifth years following the execution of the new sublease, Landlord will release and forever quitclaim specified portions of the Rent Due as follows: one-third (1/3) at the end of year 3 of the new sublease, one-third (1/3) at the end of year 4 of the new sublease, and one-third (1/3) at the end of year 5 of the new sublease (collectively, the “Rent Due Burn Off”). To the extent that Landlord has notified Tenant that it or its subtenant is in default under the terms of Lease or the new sublease, such that said default would impact the efficacy of the forbearance or the Rent Due Burn-off provided above, Tenant will have fifteen days from receipt of a notification of default to cure any monetary default, and thirty (30) days to initiate a cure of any non-monetary default and an additional thirty (30) days to complete the cure of any such default, provided however, that if any such default cannot reasonably be cured within thirty (30) days, the cure period shall be extended for up to ninety (90) days, or otherwise as may be agreed to by Landlord, whose agreement to extend the allowable cure period may not be unreasonably withheld or delayed, provided Tenant...
Forbearance by Landlord. For as long as any Leasehold Mortgage remains in effect, Landlord will delay and forbear from the exercise of its remedies (including the acceleration of rentals) as hereinafter provided in Exhibit Sections D., E., F., G., H, and I.
