Common use of DEFAULT BY EITHER PARTY Clause in Contracts

DEFAULT BY EITHER PARTY. Should either LESSOR or LESSEE default in the performance of the obligations of any covenants of this Agreement and fail to fully remedy such default within thirty days after written notice by the non-defaulting party, then the Agreement may be terminated by written notice to the defaulting party. Upon termination of this Agreement, LESSOR shall refund to LESSEE any unearned advance rent paid by ▇▇▇▇▇▇.

DEFAULT BY EITHER PARTY. Should either LESSOR or LESSEE default in the performance of the obligations of any covenants of this Agreement and fail to fully remedy such default within thirty days after written notice by the non-defaulting nondefaulting party, then the Agreement may be terminated by written notice to the defaulting party. All rent hereunder shall ▇▇▇▇▇ during the period of any such default. Upon termination of this Agreement, LESSOR shall refund to LESSEE any unearned advance rent paid by ▇▇▇▇▇▇LESSEE.