Common use of Default by Lessor Clause in Contracts

Default by Lessor. Lessor shall not be in default unless Lessor fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee to Lessor specifying wherein Lessor has failed to perform such obligation; provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance then Lessor shall not be in default if Lessor commences performance within such 30-day period and thereafter diligently pursues the same to completion.

Appears in 3 contracts

Sources: Office Lease (Advancepcs), Lease (Bea Systems Inc), Standard Office Lease (Simulations Plus Inc)

Default by Lessor. Lessor shall not be in default unless Lessor fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee to Lessor specifying wherein Lessor has failed to perform such obligation; provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance performance, then Lessor shall not be in default if Lessor commences performance within such thirty (30-) day period and thereafter diligently pursues the same to completion.

Appears in 3 contracts

Sources: Lease Agreement (Rmed International Inc), Lease Agreement (Rmed International Inc), Lease Agreement (Rmed International Inc)

Default by Lessor. Lessor shall not be in default unless Lessor fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee to Lessor specifying wherein Lessor has failed to perform such obligation; provided, however, that if the nature of Lessor's ’s obligation is such that more than thirty (30) days are required for performance then Lessor shall not be in default if Lessor commences performance within such 30-day period and thereafter diligently pursues prosecutes the same to completion.

Appears in 3 contracts

Sources: Lease (Local Matters Inc.), Lease Agreement (Local Matters Inc.), Lease (Local Matters Inc.)

Default by Lessor. Lessor shall not be in default unless Lessor fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee to Lessor specifying wherein Lessor has failed to perform such obligationLessor; provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance performance, then Lessor shall not be in default if Lessor commences performance within such 30-day period and thereafter diligently pursues prosecutes the same to completion.

Appears in 2 contracts

Sources: Standard Industrial Lease (Intercell Corp), Standard Industrial Lease (Intercell Corp)

Default by Lessor. Lessor shall not will be in default unless if Lessor fails to perform obligations any obligation required of Lessor (other than a delay in delivery of possession as provided for in Paragraph 3.2) within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee to Lessor Lessee, specifying wherein Lessor has failed to perform such obligation; provided, however, provided that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance performance, then Lessor shall not be in default if Lessor promptly commences performance within such thirty (30-) day period and thereafter diligently pursues prosecutes the same to completion.

Appears in 2 contracts

Sources: Light Industrial Lease (Quintus Corp), Light Industrial Lease (Novellus Systems Inc)

Default by Lessor. Lessor shall not be in default under this Lease unless Lessor fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee Tenant to Lessor Lessor, specifying wherein Lessor has failed to perform such obligation; provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance performance, then Lessor shall not be in default if Lessor commences performance within such thirty (30-) day period and thereafter diligently pursues prosecutes the same to completion.

Appears in 1 contract

Sources: Lease Agreement (American Casino Enterprises Inc /Nv/)

Default by Lessor. Lessor shall not be in default unless Lessor ----------------- fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee to Lessor specifying wherein Lessor has failed to perform such obligation; provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance then Lessor shall not be in default if Lessor commences performance within such 30-day period and thereafter diligently pursues prosecutes the same to completion.

Appears in 1 contract

Sources: Lease (Medicore Inc)

Default by Lessor. Lessor shall not be in default unless Lessor fails to perform obligations required of Lessor within a reasonable time, time but in no event later than thirty (30) days after written notice by Lessee to Lessor Lessor, specifying wherein Lessor has failed to perform such obligation; provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance then Lessor shall not be in default if Lessor commences performance within such 30-day period and thereafter diligently pursues prosecutes the same to completion.

Appears in 1 contract

Sources: Lease Agreement (Avenue Group Inc)

Default by Lessor. Lessor shall not be in default unless Lessor fails to perform obligations required of Lessor within a reasonable time, but in no event later than be charged with default in the performance of any of its obligations unless and until Lessor shall have failed to perform such obligations within thirty (30) days (or such additional time as is reasonably required to correct any such defaults) after written notice by Lessee to Lessor properly specifying wherein Lessor has failed to perform any such obligation; provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance then Lessor shall not be in default if Lessor commences performance within such 30-day period and thereafter diligently pursues the same to completion.

Appears in 1 contract

Sources: Lease Agreement (Gi Joes Inc)

Default by Lessor. Lessor shall not be in default unless Lessor fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee to Lessor specifying wherein Lessor has failed to perform such obligationLessor; provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance then Lessor shall not be in default if Lessor commences performance within such 30-day period and thereafter diligently pursues the same to completion. See paragraph 60 of the Addendum to this Lease concerning remedies available to Lessee if Lessor is in material default under this Lease.

Appears in 1 contract

Sources: Standard Office Lease (Cerplex Group Inc/De)

Default by Lessor. Lessor shall not be in default unless in the performance of any obligation required to be performed by Lessor fails under this Lease if Lessor has failed to perform obligations required of Lessor such obligation within a reasonable time, but in no event later than thirty (30) days after written the receipt of notice by from Lessee specifying in detail Lessor's failure to Lessor specifying wherein Lessor has failed to perform such obligationperform; provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance then Lessor shall not be in default if Lessor commences performance within such 30-day period and thereafter diligently pursues the same to completion.thirty

Appears in 1 contract

Sources: Ground Lease Agreement

Default by Lessor. Lessor shall not be in default unless Lessor fails to perform obligations required of by Lessor within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee to Lessor specifying special wherein Lessor has failed to perform such obligation; provided, provided however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance then Lessor shall not be in default if Lessor commences performance within such 30-day period and thereafter diligently pursues prosecutes the same to completion.

Appears in 1 contract

Sources: Lease Agreement (California Culinary Academy Inc)

Default by Lessor. Lessor shall not be in default unless Lessor fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (30) 15 days after written notice by Lessee to Lessor specifying wherein Lessor has failed to perform such obligationthe exact nature of the default; provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) 15 days are required for performance to perform, then Lessor shall not be in default if Lessor commences performance within such 30-day 15 days period and thereafter diligently pursues prosecutes the same to completion.

Appears in 1 contract

Sources: Lease (Medical Science Systems Inc)

Default by Lessor. Lessor shall not be in default under this Agreement unless Lessor fails to perform obligations an obligation required of Lessor under this Agreement within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee Tenant to Lessor specifying wherein Lessor has failed to perform such obligation; provided, however, that if Lessor. If the nature of Lessor's obligation is such that more than thirty (30) days are reasonably required for performance then or cure, Lessor shall not be in default if Lessor commences performance within such thirty (30-) day period and thereafter diligently pursues prosecutes the same to completion.

Appears in 1 contract

Sources: Airport Ground Lease Agreement

Default by Lessor. Lessor shall not be in default unless Lessor fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee to Lessor Lessor, specifying wherein Lessor has failed to perform such obligation; provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance performance, then Lessor shall not be in default if Lessor commences performance within such thirty (30-) day period and thereafter diligently pursues prosecutes the same to completion.

Appears in 1 contract

Sources: Lease Agreement (Western Goldfields Inc)

Default by Lessor. Lessor shall not be in default unless Lessor fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee to Lessor specifying wherein Lessor has failed to perform such obligation; provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance then Lessor shall not be in default if Lessor commences performance within such thirty (30-) day period and thereafter diligently pursues the same to completion.

Appears in 1 contract

Sources: Office Lease (Pacific Crest Capital Inc)

Default by Lessor. Lessor shall not be in default under this Lease unless Lessor fails to perform obligations an obligation required of Lessor under this Lease within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee to Lessor specifying wherein Lessor has failed to perform such obligation; provided, however, that if Lessor. If the nature of Lessor's obligation is such that more than thirty (30) days are reasonably required for performance then or cure, Lessor shall not be in default if Lessor commences performance within such thirty (30-) day period and thereafter diligently pursues prosecutes the same to completion.

Appears in 1 contract

Sources: Hangar Ground Lease

Default by Lessor. Lessor shall not be in default unless Lessor fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee to Lessor specifying wherein Lessor has failed to perform such obligation; , provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance performance, then Lessor shall not be in default if Lessor commences performance within such 30-day period and thereafter diligently pursues prosecutes the same to completion.

Appears in 1 contract

Sources: Standard Industrial Lease (CFP Holdings Inc)

Default by Lessor. Lessor shall not be in default unless Lessor fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee to Lessor specifying wherein Lessor has failed to perform such obligation; provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance then Lessor shall not be in default if Lessor commences performance within such 30-day period and thereafter diligently pursues prosecutes the same to completion.

Appears in 1 contract

Sources: Lease (Colorado Business Bankshares Inc)

Default by Lessor. Lessor shall not be in default unless Lessor fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee to Lessor Lessor, specifying wherein in what respect Lessor has failed to perform such the obligation; provided. However, however, that if the nature of Lessor's ’s obligation is such that requires more than thirty (30) days are required for performance then performance, Lessor shall not be in default if Lessor commences performance to perform within such 30-day the thirty (30)-day period and thereafter afterwards diligently pursues the same to completioncompletes it.

Appears in 1 contract

Sources: Lease Agreement

Default by Lessor. Lessor shall not be in default unless Lessor fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee to Lessor specifying wherein Lessor has failed to perform such obligationLessor; provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance performance, then Lessor shall not be in default if Lessor commences performance within such thirty (30-day ) days period and thereafter diligently pursues prosecutes the same to completion.

Appears in 1 contract

Sources: Lease Agreement (Earth & Ocean Sports Inc)

Default by Lessor. Lessor shall not be in default unless Lessor ----------------- fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee to Lessor specifying wherein Lessor has failed to perform such obligation; provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance then Lessor shall not be in default if Lessor commences performance within such 30-day thirty (30)-day period and thereafter diligently pursues the same to completion.

Appears in 1 contract

Sources: Lease (Resonate Inc)

Default by Lessor. Lessor shall not be in default unless Lessor fails to perform obligations required of Lessor within a reasonable time, time but in no event later than thirty (30) days after written notice by Lessee to Lessor specifying wherein Lessor has failed to perform such obligationLessor; provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance performance, then Lessor shall not be in default if Lessor commences performance within such 30-30 day period and thereafter diligently pursues prosecutes the same to completion.

Appears in 1 contract

Sources: Lease Agreement (Sk Technologies Corp)

Default by Lessor. Lessor shall not be in default unless Lessor fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (303) days after written notice by Lessee to Lessor specifying wherein Lessor has failed to perform such obligation; provided, however, that if the nature of Lessor's obligation is such that more than thirty (303) days are required for performance then Lessor shall not be in default if Lessor commences performance within such 30-day period and thereafter diligently pursues prosecutes the same to completion.

Appears in 1 contract

Sources: Industrial Lease (Antennas America Inc)

Default by Lessor. Lessor shall not be in default unless Lessor fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty (30) days after written notice by Lessee to Lessor specifying wherein Lessor has failed to perform such obligation; , provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are required for performance then Lessor shall not be in default if Lessor commences performance within such thirty (30-) day period and thereafter diligently pursues prosecutes the same to completion.

Appears in 1 contract

Sources: Lease Agreement

Default by Lessor. (a) Lessor shall not be in default unless Lessor fails to perform obligations required of Lessor within a reasonable time, but in no event later than thirty fifteen (3015) days after written notice by of Lessee to Lessor specifying wherein Lessor has failed to perform such obligationobligations; provided, however, that if the nature of Lessor's obligation is such that more than thirty fifteen (3015) days are reasonably required for performance performance, then Lessor shall not be in default if Lessor commences performance within such 30-fifteen (15) day period and thereafter diligently pursues prosecutes the same to completion.

Appears in 1 contract

Sources: Sublease (Sangstat Medical Corp)