Common use of PERFORMANCE BY TENANT Clause in Contracts

PERFORMANCE BY TENANT. Tenant covenants and agrees that it will perform all covenants and agreements herein expressed on its part to be performed, and that it will promptly upon receipt of written notice specifying action desired by Landlord in connection with any such covenant or agreement, commence to comply with such notice; and further, that if Tenant shall not commence and proceed diligently to comply with such notice to the satisfaction of Landlord within ten (10) days after delivery thereof, then Landlord may, at its option, enter upon the Leased Premises and do the things specified in said notice, and Landlord shall not be liable to Tenant for any loss or damage resulting in any way from such action by Landlord, and Tenant agrees to pay as additional rent, promptly upon demand, any expense incurred by Landlord in taking such action.

Appears in 2 contracts

Samples: Office Lease Agreement (Bay National Corp), Office Lease Agreement (Bay National Corp)

AutoNDA by SimpleDocs

PERFORMANCE BY TENANT. Tenant covenants and agrees that it will perform all covenants and agreements herein expressed on its part to be performed, performed and that it will promptly upon receipt of written notice specifying action desired by Landlord in connection with any such covenant, except the covenant or agreementto pay rent, commence to comply with such notice; and further, that if . If Tenant shall not commence and proceed diligently to comply with such notice to the satisfaction of Landlord within ten (10) days after delivery thereof, then Landlord may, at its option, enter upon the Leased Premises Premises, and do the things specified in said notice, and Landlord shall not be liable have no liability to Tenant for any loss or damage resulting in any way from such action by Landlord, and Tenant agrees to pay as additional rent, promptly upon demand, any expense incurred by Landlord in taking such action.

Appears in 1 contract

Samples: Lease Agreement (Hemagen Diagnostics Inc)

PERFORMANCE BY TENANT. Tenant covenants and agrees that it will perform all covenants and agreements herein expressed on its part to be performed, and that it will promptly upon receipt of written notice specifying action desired by Landlord in connection with any such covenant, except the covenant or agreementto pay rent, commence to comply with such notice; and further, that if . If Tenant shall not commence and proceed diligently to comply with such notice to the satisfaction of Landlord within ten twenty (1020) business days after delivery thereof, then Landlord may, at its option, enter upon the Leased Premises Premises, and do the things thing specified in said notice, and Landlord shall not be liable have no liability to Tenant for any loss or damage resulting in any way from such action by Landlord, and Tenant agrees to pay as additional rent, promptly upon demand, any reasonable expense incurred by Landlord in taking such action.

Appears in 1 contract

Samples: Commercial Lease (Ramsay Youth Services Inc)

AutoNDA by SimpleDocs

PERFORMANCE BY TENANT. Tenant covenants and agrees that it will perform all agreements and covenants and agreements herein expressed on its part to be performed, and that it will promptly upon receipt of written notice specifying action desired by Landlord in connection with any such covenant or agreement, commence to comply with such notice; and further, that if Tenant shall not commence and proceed diligently to comply with such notice to the satisfaction of Landlord within ten thirty (1030) days after delivery thereof, then Landlord may, at its it option, enter upon the Leased Premises and do the things specified in said notice, and Landlord shall not be liable to Tenant for any loss or damage resulting in any way from such action by Landlord, unless resulting from Landlord's negligence and Tenant agrees to pay as additional rent, promptly upon demand, demand any expense incurred by Landlord in taking such action.

Appears in 1 contract

Samples: Service Lease Agreement (Telecommunication Systems Inc /Fa/)

Time is Money Join Law Insider Premium to draft better contracts faster.