Common use of Default in Other Covenants Clause in Contracts

Default in Other Covenants. Failure of the Concessionaire to comply with any term or condition or fulfill any obligations of this Lease (other than the payment of rent or other charges) within thirty (30) days after written notice by Lessor specifying the nature of the default with reasonable particularity. If the default is of such nature that it cannot be completely remedied within the 30‐day period, this provision shall be complied with if the Concessionaire begins correction of the default within the 30‐day period and thereafter proceed with reasonable diligence and in good faith to affect the remedy as soon is practicable.

Appears in 1 contract

Sources: Concession Lease Agreement

Default in Other Covenants. Failure of the Concessionaire Lessee to comply with any term or condition or fulfill any obligations obligation of this Lease (other than the payment of rent or other charges) within thirty (30) days after written notice by Lessor the Authority specifying the nature of the default with reasonable particularity. If the default is of such a nature that it cannot be completely remedied within the 30‐day thirty- (30-) day period, this provision shall be complied with if the Concessionaire Lessee begins correction of the default within the 30‐day thirty- (30-) day period and thereafter proceed proceeds with reasonable diligence and in good faith to affect effect the remedy as soon is as practicable.

Appears in 1 contract

Sources: Commercial Aviation Ground Lease

Default in Other Covenants. Failure of the Concessionaire Lessee to comply with any term or condition or condition, to fulfill any obligations obligation of this Lease the lease (other than the payment of rent or other charges) within thirty TWENTY (3020) days after written notice by Lessor specifying the nature of the default with reasonable particularity. If the default is of such a nature that it cannot be completely remedied within the 30‐day TWENTY (20) day period, this provision shall be complied with if the Concessionaire Lessee begins correction of the default within the 30‐day period TWENTY (20) day period, and thereafter proceed proceeds with reasonable diligence diligence, and in good faith to affect effect the remedy as soon is as practicable.

Appears in 1 contract

Sources: Lease Agreement

Default in Other Covenants. Failure of the Concessionaire Tenant to comply with any term or condition or fulfill any obligations obligation of this Lease the lease (other than the payment of rent or other charges) within thirty (30) days after written notice by Lessor Landlord specifying the nature of the default with reasonable particularity. If the default is of such a nature that it cannot be completely remedied within the 30‐day thirty (30)-day period, this provision shall be complied with if the Concessionaire Tenant begins correction of the default within the 30‐day thirty(30)-day period and thereafter proceed proceeds with reasonable diligence and in good faith to affect effect the remedy as soon is as practicable.

Appears in 1 contract

Sources: Commercial Lease (Visualant Inc)