DEFAULT OF LESSOR Sample Clauses

DEFAULT OF LESSOR. Should Lessor fail to perform any of its obligations hereunder, Lessor shall have a period of 30 days after its receipt of written notice from Lessee of a failure of performance within which to commence a cure of that failure. Failure of Lessor to commence that cure within the 30-day period or to effect that cure within that 30-day period shall be an event of default under this Lease and Lessee may, at its option, elect to: a. Terminate this Lease upon 30 days written notice to Lessor; b. Bring an action to require specific performance of Lessor's obligations; c. Provide Lessor with an additional period of time within which to effect that cure; d. Commence such cure itself, and Lessee may either, at its option, offset any expenses it incurs in effecting such cure against the rent and other charges due and payable by Lessee hereunder, or require that Lessor immediately reimburse Lessee for its expenses; provided, however, in the event of an emergency, Lessee may immediately effect a cure of Lessor's failure should Lessor fail to act immediately to do so, without the requirement of any notice by Lessee to Lessor; and/or e. Pursue any other remedies provided herein or provided by law.

DEFAULT OF LESSOR. In the event of any alleged breach by Lessor of its covenants contained in this Lease, Lessee shall have available all rights and remedies provided at law or in equity, subject to the terms and conditions of this Lease; provided, however, Lessee may not exercise any such right or remedy unless Lessee has notified Lessor and any party to whom notice is required to be given pursuant to Article XV by notice of such alleged default, and the notified party or parties have not cured such default within the thirty (30) day period subsequent to receipt of such notice by Lessee or, in the event such alleged default is of such a nature that it cannot reasonably be cured within such thirty-day period, such notified party or parties have failed to cure such alleged default with all due diligence.

DEFAULT OF LESSOR. The failure of Lessor to comply with any of its obligations under the terms of this Agreement, and continuation of such failure to cure for more than ten (10) days after notice by Lessee, shall constitute a default on the part of Lessor; provided however that if the nature of Lessor's default is such that more than ten (10) days is required for its cure, then Lessor shall not be deemed to be in default if Lessor has commenced such cure within the ten (10) day period, demonstrates to Lessee's reasonable satisfaction that such default is curable and thereafter diligently prosecutes such cure to completion.

DEFAULT OF LESSOR. If Lessee claims that Lessor is in default under this agreement; notice and description of such claimed breach must be given in writing to Lessor and Lessor given ten working days to cure such breach. If ▇▇▇▇▇▇ refuses or fails to cure such breach, such dispute must be resolved by arbitration under Chapter 7.04 RCW, with the venue for such hearing placed in ▇▇▇▇▇▇▇▇ County, Washington.

DEFAULT OF LESSOR. Each of the following shall be deemed a default by Lessor: (i) failure to perform any act to be performed by Lessor hereunder or to comply with any provision, condition or covenant contained herein and such failure is not cured within thirty (30) calendar days after written notice of such failure is delivered to Lessor, or in the event of a default that cannot with due diligence be cured within such thirty (30) day period, within such longer period as Lessee may reasonably permit; (ii) any material breach of any representation or warranty by Lessor.

DEFAULT OF LESSOR. Lessor shall in no event be charged with default in the performance of any of its obligations hereunder 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 default) after notice to Lessor by Lessee properly specifying wherein Lessor has failed to perform any such obligations. Provided, however, that if the holder of record of the first mortgage covering the Demised Premises shall have given prior written notice to Lessee that it is the holder of said first mortgage and that such notice includes the address at which notices to such mortgagee are to be sent, then Lessee agrees to give to the holder of record of such first mortgage notice simultaneously with any notice given to Lessor to correct any default of Lessor as hereinabove provided and agrees that the holder of record of such first mortgage shall have the right, within sixty (60) days after receipt of said notice, to correct or remedy such default before Lessee may take any action under this Lease AND UNDER NEW JERSEY LAW, by reason of such default.

DEFAULT OF LESSOR. Subject to Section 16, the LESSOR shall not be deemed to be in default under this Lease until the LESSEE has given the LESSOR written notice specifying the nature of the default and the LESSOR does not cure such default within thirty (30) days after receipt of such notice or within such reasonable time thereafter as may be necessary to cure such default where such default is of such a character as to reasonably require more than thirty (30) days to cure.

DEFAULT OF LESSOR. In the event Lessor neglects or fails to comply with any of its obligations contained in this Lease, and such default should continue for a period of thirty (30) days after Lessee has given written notice thereof to Lessor [plus such additional time as may be necessary while the curing of the default is continuously and diligently prosecuted by Lessor, with respect to defaults (other than failure to make monetary payments) which cannot by their very nature be cured within thirty (30) days, except in the event of an emergency in which event Lessee shall have the right to take whatever reasonable actions are appropriate prior to the expiration of such thirty (30) day period, then Lessee may make such payments and do such work and otherwise perform Lessor's covenants, all on behalf of and at the expense of Lessor. Lessor agrees to pay to Lessee forthwith the amount of the payment so made or the cost of and expenses incurred. In the event of a default by Lessor as contemplated hereinabove, Lessee shall, simultaneously with any notice given to Lessor deliver a copy of such notice to any holder of a Deed of Trust as to whom Lessee has been duly notified in accordance with the notice provisions set forth herein, which notice by Lessor to Lessee shall set forth the name and full address of any such holder. Any such holder shall have the right, but not the obligation, to effect cures on behalf of Lessor within the time period set forth herein, and in the event of any such cure by any such holder, such cure shall be accepted by Lessee as a cure by Lessor hereunder. The time given to such holder to cure Lessor's default shall run concurrently with any time granted to Lessor to cure such default.

DEFAULT OF LESSOR. Lessor shall fail to perform any one or more of Lessor’s obligations hereunder and such default shall continue for a commercially reasonable period of ninety days after written demand for performance has been made specifying such default. Any such right of termination shall be exercised in the following manner only; the party entitled to terminate shall dispatch notice by certified mail, return receipt requested, of that party’s intention to terminate at 12:00 noon on the day following the minimum number of days required above for giving of such notice where so provided; otherwise, upon fifteen (15) days written notice.