Common use of Default by Sublessee Clause in Contracts

Default by Sublessee. In addition to the events of default defined in the Base Lease, it is understood and agreed that Sublessee will be in default and that an event of default will have occurred under this Sublease if Sublessee fails in any way to fully comply with the terms and conditions of the Base Lease or of this Sublease for twenty (20) days after receipt of written notice from Sublessor specifically setting forth such default or event of default, and Sublessee has failed to cure such default or event of default within said twenty (20) day period, or, in the event such default or event of default cannot be cured within twenty (20) days, then within an additional reasonable period of time so long as Sublessee has commenced curative action within said twenty (20) day period and thereafter is diligently attempting to cure such default. In the event that any of such events of default occurs, including those defined in the Base Lease. Sublessor will be entitled to (i) all the rights and remedies reserved by or granted to the Base Lessor in the Base Lease after an event of default, (ii) cure such default, in which event Sublessee will reimburse Sublessor on demand for all costs and expenses expended or incurred by Sublessor in curing such default together with interest thereon at the highest legal contractual rate until reimbursement is made to Sublessor by Sublessee.

Default by Sublessee. In addition to the events of event that Sublessee shall default defined in the Base Leasepayment of base rent and/or any additional rent when due, it is understood and agreed that Sublessor shall notify Sublessee will be in default and that an event writing of default will have occurred under this Sublease if Sublessee fails in any way to fully comply with the terms and conditions of the Base Lease or of this Sublease for twenty (20) days after receipt of written notice from Sublessor specifically setting forth such default or event of default, and Sublessee has failed shall have three days from the date of delivery of such notice to pay such base rent and/or additional rent. If Sublessee cures the default within the three-day period, Sublessee shall not be in default hereunder but the provisions of the Master Lease with respect to late charges and interest shall apply to any such payment. In the event that Sublessee shall default in the performance of any of Sublessee's obligations or duties under this Sublease, Sublessor shall notify Sublessee in writing of such default, and Sublessee shall have 20 days from the date of delivery of such notice to cure such default or event of default within said twenty (20) day perioddefault, or, in the event if such default or event is not capable of being cured by Sublessee within 20 days thereafter (except that if such default cannot be cured within twenty (said 20) days-day period, then within this period shall be extended for an additional reasonable period of time so long as time, provided that Sublessee has commenced curative action commences to cure such default within said twenty (such 20) -day period and proceeds diligently thereafter is diligently attempting to effect such cure such default. In the event that any of such events of default occursas quickly as possible), including those defined in the Base Lease. Sublessor will be entitled and if Sublessee fails to (i) all the rights and remedies reserved by or granted to the Base Lessor in the Base Lease after an event of default, (ii) cure such default, in which event Sublessee will reimburse addition to being a default under this Sublease, Sublessor on demand for all costs and expenses expended or incurred by Sublessor in curing shall be entitled, at Sublessor's option, to cure such default together with interest thereon at for the highest legal contractual rate until reimbursement is made to Sublessor by account of Sublessee.