Common use of Landlord’s Default and Tenant’s Remedies Clause in Contracts

Landlord’s Default and Tenant’s Remedies. (a) It will be a default and breach of this Lease by Landlord if it fails to perform or observe any term, condition, covenant or obligation required to be performed or observed by it under this Lease for a period of 30 days after written notice thereof from Tenant; provided, however, that if the term, condition, covenant or obligation to be performed by Landlord is of such nature that the same cannot reasonably be performed within such 30‑day period, such default will be deemed to have been cured if Landlord commences such performance within said 30‑day period and thereafter diligently undertakes to complete the same.

Appears in 1 contract

Samples: Lease Agreement (Exelixis, Inc.)

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Landlord’s Default and Tenant’s Remedies. (a) It will be a default and breach of this Lease by Landlord if it fails to perform or observe any term, condition, covenant or obligation required to be performed or observed by it under this Lease for a period of 30 thirty (30) days after written notice thereof from Tenant; provided, however, that that, if the term, condition, covenant or obligation to be performed by Landlord is of such nature that the same cannot reasonably be performed within such 30‑day thirty (30)-day period, such default will be deemed to have been cured if Landlord commences such performance within said 30‑day thirty (30)-day period and thereafter diligently undertakes to complete the same.

Appears in 1 contract

Samples: Lease Agreement (First California Financial Group, Inc.)

Landlord’s Default and Tenant’s Remedies. (a) It will be a default and breach of this Lease by Landlord if it fails to perform or observe any term, condition, covenant or obligation required to be performed or observed by it under this Lease for a period of 30 days after written notice thereof from Tenant; provided, however, that if the term, condition, covenant or obligation to be performed by Landlord is of such nature that the same cannot reasonably be performed within such 30‑day 30-day period, such default will be deemed to have been cured if Landlord commences such performance within said 30‑day 30-day period and thereafter diligently undertakes to complete the samesame and completes such cure within 60 days following Tenant’s notice.

Appears in 1 contract

Samples: Lease Agreement (Singulex Inc)

Landlord’s Default and Tenant’s Remedies. (a) It will be a default and breach of this Lease by Landlord if it fails to perform or observe any term, condition, covenant or obligation required to be performed or observed by it under this Lease for a period of 30 thirty (30) days after written notice thereof from Tenant; provided, however, that if the term, condition, covenant or obligation to be performed by Landlord is of such nature that the same cannot reasonably be performed within such 30‑day thirty (30) day period, such default will Landlord shall not be deemed to have been cured if be in default so long as Landlord commences such performance within said 30‑day thirty (30) day period and thereafter diligently undertakes to complete the same.

Appears in 1 contract

Samples: Lease Agreement (Ryland Group Inc)

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Landlord’s Default and Tenant’s Remedies. (a) It will shall be a default and breach of this Lease by Landlord if it fails shall fail to perform or observe any term, condition, covenant covenant, or obligation required to be performed or observed by it under this Lease for a period of 30 thirty (30) days after written notice thereof from Tenant; provided, however, that if the term, condition, covenant covenant, or obligation to be performed by Landlord is of such nature that the same cannot reasonably be performed within within, such 30‑day thirty (30) day period, such default will shall be deemed to have been cured if Landlord commences such performance within said 30‑day thirty (30) day period and thereafter diligently undertakes to complete the same.

Appears in 1 contract

Samples: Lease Agreement (Tickets Com Inc)

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