Common use of Effect of Default on Options Clause in Contracts

Effect of Default on Options. (a) Lessee shall have no right to exercise an Option, notwithstanding any provision in the grant of Option to the contrary, (i) during the time commencing from the date Lessor gives to Lessee a notice of default pursuant to paragraph 19.1(b) or 19.1(c) and continuing until the default alleged in said notice of default is cured, or (ii) at any time after an event of default described paragraphs 19.1(a), 19.1(d), or 19.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or (iv) in the event that Lessor has given to Lessee three or more notices of default under paragraph 19.1(b), where a late charge becomes payable under paragraph 19.4 for each of such defaults, or paragraph 19.1,(c), whether or not the defaults are cured, during the 12 month period prior to the time the Lessee intends to exercise the subject Option. (b) The period of time within which an Option may be exercised shall not be extended or enlarged by reason of Lessee's inability to exercise an Option because of the provision of paragraph 41.4(a). (c) All rights of Lessee under the provisions of an Option shall terminate and be of no further force or effect, notwithstanding Lessee's due and timely exercise of the Option, if, after such exercise and during the term of this Lease, (i) Lessee fails to pay to Lessor a monetary obligation of Lessee for a period of 30 days after such obligation becomes due (without any necessity of Lessor to give notice thereof to Lessee), or (ii) Lessee fails to commence to cure a default specified in paragraph 19.1(c) within 30 days after the date that Lessor gives notice to Lessee of such default and/or Lessee fails thereafter to diligently prosecute said cure to completion, or (iii) lessee commits a default described in paragraph 19.1(a), 19.1(d), or 19.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or (iv) Lessor gives to Lessee three or more notices of default under paragraph 19.1(b), where a late charge becomes payable under paragraph 19.4 for each such default, or paragraph 19.1(c), whether or not the defaults are cured.

Effect of Default on Options. (a) Lessee Tenant shall have no right to exercise an Extension Option, notwithstanding any provision in the grant of the Extension Option to the contrary, (i) during the time commencing from the date Lessor Landlord gives to Lessee Tenant a notice of default pursuant to paragraph 19.1(b) or 19.1(cSection 18.1(d) and continuing until the default alleged in said notice of default is cured, or (ii) during the period of time commencing on the day after a monetary obligation to Landlord is due from Tenant and unpaid (without any necessity for Landlord to give notice thereof to Tenant) continuing until the obligation is paid, or (iii) at any time after an event of default described paragraphs 19.1(ain Sections 18(a), 19.1(d18(b), 18(e), or 19.1(e18(f) (without any necessity of Lessor for Landlord to give notice of such default thereof to LesseeTenant), or (iv) in the event that Lessor Landlord has given to Lessee three (3) or more notices of default under paragraph 19.1(bto Tenant pursuant to Section 18.1(c), where a late charge becomes has become payable under paragraph 19.4 Section 18.4 for each of such defaults, or paragraph 19.1,(c), whether or not the defaults are cured, during the 12 twelve (12) month period prior to the time the Lessee that Tenant intends to exercise the subject Extension Option. (b) The period of time within which an Option may be exercised shall not be extended or enlarged by reason of Lessee's inability to exercise an Option because of the provision of paragraph 41.4(a). (c) . All rights of Lessee Tenant under the provisions of an Extension Option shall terminate and be of no further force or effect, notwithstanding LesseeTenant's due and timely exercise of the Extension Option, if, after such exercise and during the term of this Leaseexercise, (i) Lessee Tenant fails to pay to Lessor Landlord a monetary obligation of Lessee Tenant for a period of 30 thirty (30) days after such obligation becomes due (without any necessity of Lessor for Landlord to give notice thereof to LesseeTenant), or (ii) Lessee Tenant fails to commence to cure a default specified in paragraph 19.1(cSection 18.1(d) within 30 thirty (30) days after the date that Lessor Landlord gives notice to Lessee Tenant of such default and/or Lessee Tenant fails thereafter to diligently prosecute said cure to completion, or (iii) lessee Tenant commits a default described in paragraph 19.1(aSections 18.1(a), 19.1(d18.1(b), 18(e), or 19.1(e18.1(f) (without any necessity of Lessor for Landlord to give notice of such default thereof to LesseeTenant), or (iv) Lessor Landlord gives to Lessee Tenant three (3) or more notices of default under paragraph 19.1(bSection 18.1(c), where a late charge becomes payable under paragraph 19.4 Section 18.4 for each such default, or paragraph 19.1(c), whether or not the defaults are cured.

Effect of Default on Options. (a) Lessee shall have no right to exercise an Option, notwithstanding any provision in the grant of Option to the contrary, (i) during the time commencing from the date Lessor gives to Lessee a notice of default pursuant to paragraph 19.1(b13.1(b) or 19.1(c13.1(c) and continuing until the default alleged in said notice of default is cured, or (ii) during the period to time commencing on the day after a monetary obligation to Lessor is due from Lessee and unpaid (without any necessity for notice thereof to Lessee) continuing until the obligation is paid, or (iii) at any time after an event of default described in paragraphs 19.1(a13.1(a), 19.1(d13.1(d), or 19.1(e13.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or (iv) in the event that Lessor has given to Lessee three or more notices of default under paragraph 19.1(b13.1(b), where a late charge becomes has become payable under paragraph 19.4 13.4 for each of such defaults, or paragraph 19.1,(c13.1(c), whether or not the defaults are cured, during the 12 month period prior to the time the that Lessee intends to exercise the subject Option. (b) The period of time within which an Option may be exercised shall not be extended or enlarged by reason of Lessee's inability to exercise an Option because of the provision provisions of paragraph 41.4(a39.4(a). (c) All rights of Lessee under the provisions of an Option shall terminate and be of no further force or effect, notwithstanding Lessee's due and timely exercise of the Option, if, after such exercise and during the term of this Lease, (i) Lessee fails to pay to Lessor a monetary obligation of Lessee for a period of 30 days after such obligation becomes due (without any necessity of Lessor to give notice thereof to Lessee), or (ii) Lessee fails to commence to cure a default specified in paragraph 19.1(c13.1(c) within 30 days after the date that Lessor gives notice to Lessee of such default and/or Lessee fails thereafter to diligently prosecute said cure to completion, or (iii) lessee Lessee commits a default described in paragraph 19.1(a13.1(a), 19.1(d), 13.1(d) or 19.1(e13.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or (iv) Lessor gives to Lessee three or more notices of default under paragraph 19.1(b13.1(b), where a late charge becomes payable under paragraph 19.4 13.4 for each such default, or paragraph 19.1(c13.1(c), whether or not the defaults are cured.

Effect of Default on Options. (a) Lessee shall have no right to exercise an Option, Option notwithstanding any provision in the grant of Option to the contrary, (i) during the time commencing from the date Lessor gives to Lessee a notice of default pursuant to paragraph 19.1(b13.1(b) or 19.1(c13.1(c) and continuing until the default alleged in said notice of default is cured, or (ii) at any time after an event of default described paragraphs 19.1(a), 19.1(d), or 19.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or (iv) in the event that Lessor has given to Lessee three or more notices of default under paragraph 19.1(b), where a late charge becomes payable under paragraph 19.4 for each of such defaults, or paragraph 19.1,(c), whether or not the defaults are cured, during the 12 month period prior to the time the Lessee intends to exercise the subject Option. (b) The period of time lime within which an Option may be exercised shall not be extended or enlarged by reason of Lessee's inability to exercise an Option because of the provision provisions of paragraph 41.4(a39.4(a). (c) All rights of Lessee under the provisions of an Option shall terminate and be of no further force or effect, notwithstanding Lessee's due and timely exercise of the Option, if, after such exercise and during the term of this Lease, (i) Lessee fails to pay to Lessor a monetary obligation of Lessee for a period of 30 days after such obligation becomes due (without any necessity of Lessor to give notice thereof to Lessee), or (ii) Lessee fails to commence to cure a default specified in paragraph 19.1(c13.1 (c) within 30 days after the date that Lessor gives notice to Lessee of such default and/or Lessee fails thereafter to diligently prosecute said cure to completion, or (iii) lessee Lessee commits a default described in paragraph 19.1(a13.1(a), 19.1(d), 13.1(d) or 19.1(e13.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or (iv) Lessor gives to Lessee three or more notices of default under paragraph 19.1(b13.1(b), where a late charge becomes payable under paragraph 19.4 13.4 for each such default, or paragraph 19.1(c13.1(c), whether or not the defaults are cured. 40.

Effect of Default on Options. (a) Lessee shall have no right to exercise an Option, notwithstanding any provision in the grant of Option to the contrary, (i) during the time commencing from the date Lessor gives to Lessee a notice of default pursuant to paragraph 19.1(b13.1(b) or 19.1(c13.1(c) and continuing until the default noncompliance alleged in said notice of default is cured, or (ii) during the period of time commencing on the date after a monetary obligation to Lessor is due from Lessee and unpaid (without any necessity for notice thereof to Lessee) and continuing until the obligation is paid, or (iii) at any time after an event of default described in paragraphs 19.1(a13.1(a), 19.1(d13.1(d), or 19.1(e13.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or nor (iv) in the event that Lessor has given to Lessee three or more notices of default under paragraph 19.1(b13.1 (b), where a late charge becomes payable under paragraph 19.4 for each of such defaults, or paragraph 19.1,(c13.1(c), whether or not the defaults are cured, during the 12 month period of time immediately prior to the time the that Lessee intends attempts to exercise the subject Option. (b) The period of time within which an Option may be exercised shall not be extended or enlarged by reason of Lessee's ’s inability to exercise an Option because of the provision provisions of paragraph 41.4(a39.4(a). (c) All rights of Lessee under the provisions of an Option shall terminate and be of no further force or effect, notwithstanding Lessee's ’s due and timely exercise of the Option, if, after such exercise and during prior to the term of this Lease-Option taking effect, (i) Lessee fails to pay to Lessor a monetary obligation of Lessee for a period of 30 thirty (30) days after such obligation becomes due (without any necessity of Lessor to give notice thereof to Lessee), or (ii) Lessee fails to commence to cure a default specified in paragraph 19.1(c13.1 (c) within 30 thirty (30) days after the date that Lessor gives notice to Lessee of such default and/or Lessee fails falls thereafter to diligently prosecute said cure to completion, or (iii) lessee Lessee commits a default described in paragraph 19.1(a13-1 (a), 19.1(d), 13.1 (d) or 19.1(e13.1 (e) (without any necessity of Lessor to give notice of such default to Lessee), or (iv) Lessor gives to Lessee three or more notices of default under paragraph 19.1(b13.1(b), where a late charge becomes payable under paragraph 19.4 for each such default, or paragraph 19.1(c13.1(c), whether or not the defaults are cured.

Effect of Default on Options. (a) Lessee shall have no right to exercise an Option, notwithstanding any provision in the grant of Option to the contrary, (i) during the time commencing from the date Lessor gives to Lessee a notice of default pursuant to paragraph 19.1(b13.1(b) or 19.1(c13.1(c) and continuing until the default noncompliance alleged in said notice of default is cured, or (ii) during the period of time commencing on the date after a monetary obligation to Lessor is due from Lessee and unpaid (following written notice thereof to Lessee) and continuing until the obligation is paid, or (iii) at any time after an event of default described in paragraphs 19.1(a13.1(a), 19.1(d), 13.1(d) or 19.1(e13.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or nor (iv) in the event that Lessor has given to Lessee three or more notices of default under paragraph 19.1(b13.1(b), where a late charge becomes payable under paragraph 19.4 for each of such defaults, or paragraph 19.1,(c13.1(c), whether or not the defaults are cured, during the 12 12-month period of time immediately prior to the time the that Lessee intends attempts to exercise the subject Option. (b) The period of time within which an Option may be exercised shall not be extended or enlarged by reason of Lessee's inability to exercise an Option because of the provision provisions of paragraph 41.4(a39.4(a). (c) All rights of Lessee under the provisions of an Option shall terminate and be of no further force or effect, notwithstanding Lessee's due and timely exercise of the Option, if, after such exercise and during the term of this Lease, (i) Lessee fails to pay to Lessor a monetary obligation of Lessee for a period of 30 thirty (30) days after such obligation becomes due (without any necessity of Lessor to give notice thereof to Lessee), or (ii) Lessee fails to commence to cure a default specified in paragraph 19.1(c) within 30 days after the date that Lessor gives notice to Lessee of such default and/or Lessee fails thereafter to diligently prosecute said cure to completion, or (iii) lessee commits a default described in paragraph 19.1(a), 19.1(d), or 19.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or (iv) Lessor gives to Lessee three or more notices of default under paragraph 19.1(b), where a late charge becomes payable under paragraph 19.4 for each such default, or paragraph 19.1(c), whether or not the defaults are cured.notice

Effect of Default on Options. (a) Lessee shall have no right to exercise an Option, notwithstanding any provision in the grant of Option to the contrary, (i) during the time commencing from the date Lessor gives to Lessee a notice of default pursuant to paragraph 19.1(b13.1(b) or 19.1(c13.1(c) and continuing until the default alleged in said notice of default is cured, or (ii) during the period of time commencing on the day, after a monetary obligation to Lessor is due from Lessee and unpaid (without any necessity for notice thereof to Lessee) continuing until the obligation is paid, or (iii) at any time after an event of default described in paragraphs 19.1(a13.1 (a), 19.1(d13.1 (d), or 19.1(e13.1 (e) (without any necessity of Lessor to give notice of such default to Lessee), or (iv) in the event that Lessor has given to Lessee three or more notices of default under paragraph 19.1(b13.1(b), where a late charge becomes payable under paragraph 19.4 13.4 for each of such defaults, or paragraph 19.1,(c13.1 (c), whether or not the defaults are cured, during the 12 month period prior to the time the that Lessee intends to exercise the subject Option. (b) The period of time within which an Option may be exercised shall not be extended or enlarged by reason of Lessee's inability to exercise an Option because of the provision provisions of paragraph 41.4(a39.4(a). (c) All rights of Lessee under the provisions of an Option shall terminate and be of no further force or effect, notwithstanding Lessee's due and timely exercise of the Option, if, after such exercise and during the term of this Lease, (i) Lessee fails to pay to Lessor a monetary obligation of Lessee for a period of 30 days after such obligation becomes due (without any necessity of Lessor to give notice thereof to Lessee), or (ii) Lessee fails to commence to cure a default specified in paragraph 19.1(c13.1(c) within 30 days after the date that Lessor gives notice to Lessee of such default and/or Lessee fails thereafter to diligently prosecute said cure to completion, or (iii) lessee Lessee commits a default described in In paragraph 19.1(a), 19.1(d), 13.1(a) 13.1(d) or 19.1(e13.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or (iv) Lessor gives to Lessee three or more notices of default under paragraph 19.1(b13.1(b), where a late charge becomes payable under paragraph 19.4 13.4 for each such default, or paragraph 19.1(c13.1(c), whether or not the defaults are cured.

Effect of Default on Options. (a) Lessee Tenant shall have no right to exercise an Option, notwithstanding any provision in the grant of Option to the contrary, , (i) during the time commencing from the date Lessor Landlord gives to Lessee Tenant a notice of default pursuant to paragraph 19.1(bParagraphs 13.1(b) or 19.1(c13.1(c) and continuing until the default alleged in said notice of default is cured, or (ii) during the period of time commencing on the day after a monetary obligation to Landlord is due from Tenant and unpaid (without any necessity for notice thereof to Tenant) continuing until the obligation is paid, or (iii) at any time after an event of default described paragraphs 19.1(ain Paragraphs 13.1(a), 19.1(d13.1(d), 13.1(e) or 19.1(e13.1(f) (without any necessity of Lessor Landlord to give notice of such default to LesseeTenant), or (iv) in the event that Lessor Landlord has given to Lessee Tenant three or more notices of default under paragraph 19.1(bParagraph 13.1(b), where a late charge becomes has become payable under paragraph 19.4 Paragraph 13.4 for each of such defaults, or paragraph 19.1,(cParagraph 13.1(c), whether or not the defaults are cured, during the 12 month period prior to the time the Lessee that Tenant intends to exercise the subject Option. (b) The period of time within which an Option may be exercised shall not be extended or enlarged by reason of LesseeTenant's inability to exercise an Option because of the provision provisions of paragraph 41.4(aParagraph 39.4(a). (c) All rights of Lessee Tenant under the provisions of an Option shall terminate and be of no further force or effect, notwithstanding LesseeTenant's due and timely exercise of the Option, if, after such exercise and during the term of this Lease, (i) Lessee Tenant fails to pay cure defaults specified in Paragraph 13.1(b) prior to Lessor a monetary obligation the expiration of Lessee the notice and cure period provided for a period of 30 days after such obligation becomes due (without any necessity of Lessor to give notice thereof to Lessee)therein, or (ii) Lessee Tenant fails to commence to cure a default specified in paragraph 19.1(cParagraph 13.1(a) or 13.1(c) within 30 days after the date that Lessor Landlord gives notice to Lessee Tenant of such default and/or Lessee Tenant fails thereafter to diligently prosecute said cure to completion, or (iii) lessee commits a default described in paragraph 19.1(a), 19.1(d), or 19.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or (iv) Lessor gives to Lessee three or more notices of default under paragraph 19.1(b), where a late charge becomes payable under paragraph 19.4 for each such default, or paragraph 19.1(c), whether or not the defaults are cured.to

Effect of Default on Options. (a) Lessee shall have no right to exercise an Option, notwithstanding any provision in the grant of Option to the contrary, . (i) during the time commencing from the date Lessor gives to Lessee a notice of default pursuant to paragraph 19.1(b13.1(b) or 19.1(c13.1(c) and continuing until the default noncompliance alleged in said notice of default is cured, or (ii) during the period of time commencing on the date after a monetary obligation to Lessor is due from Lessee and unpaid (without any necessity for notice thereof to Lessee) and continuing until the obligation is paid, or (iii) at any time after an event of default described in paragraphs 19.1(a13.1(a), 19.1(d13.1(d), or 19.1(e13.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or nor (iv) in the event that the Lessor has given to Lessee three or more notices of default under paragraph 19.1(b13.1(b), where a late charge becomes payable under paragraph 19.4 for each of such defaults, or paragraph 19.1,(c13.1(c), whether or not the defaults are cured, during the 12 month period of time immediately prior to the time the Lessee intends that lessee attempts to exercise the subject Option. (b) The period of time within which an Option may be exercised shall not be extended or enlarged by reason of Lessee's ’s inability to exercise an Option because of the provision provisions of paragraph 41.4(a39.4(a). (c) All rights of Lessee under the provisions of an Option shall terminate and be of no further force or effect, notwithstanding Lessee's ’s due and timely exercise of the Option, if, after such exercise and during the term of this Lease, (i) Lessee fails to pay to Lessor a monetary obligation of Lessee for a period of 30 thirty (30) days after such obligation becomes due (without any necessity of Lessor to give notice thereof to Lessee), or (ii) Lessee fails to commence to cure a default specified in paragraph 19.1(c13.1(c) within 30 thirty (30) days after the date that Lessor gives notice to Lessee of such default and/or Lessee fails thereafter to diligently prosecute said cure to completion, or (iii) lessee Lessee commits a default described in paragraph 19.1(a13.1(a), 19.1(d), 13.1(d) or 19.1(e13.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or (iv) Lessor gives to Lessee three or more notices of default under paragraph 19.1(b13.1(b), where a late charge becomes payable under paragraph 19.4 for each such default, or paragraph 19.1(c13.1(c), whether or not the defaults are cured.

Effect of Default on Options. (a) Lessee Tenant shall have no right to exercise an Option, notwithstanding any provision in the grant of Option to the contrary, (i) during the time commencing from the date Lessor Landlord gives to Lessee Tenant a notice of default pursuant to paragraph 19.1(b) 14.1.2 or 19.1(c) 14.1.3 and continuing until the default alleged in said notice of default is cured, or (ii) during the period of time commencing on the day after a monetary obligation to Landlord is due from Tenant and unpaid (without any necessity for notice thereof to Tenant) continuing until the obligation is paid, or (iii) at any time after an event of default described in paragraphs 19.1(a)14.1.1, 19.1(d)14.1.4, or 19.1(e) (without any necessity of Lessor to give notice of such default to Lessee)14.1.5, or (iv) in the event that Lessor Landlord has given to Lessee Tenant three or more notices of default under paragraph 19.1(b)14.1.2, where a late charge becomes has become payable under paragraph 19.4 14.4 for each of such defaults, or paragraph 19.1,(c)14.1.3, whether or not the defaults are cured, during the 12 twelve (12) month period prior to the time the Lessee that Tenant intends to exercise the subject Option. (b) The period of time within which an Option may be exercised shall not be extended or enlarged by reason of Lessee's inability to exercise an Option because of the provision of paragraph 41.4(a). (c) . All rights of Lessee Tenant under the provisions of an Option shall terminate and be of no further force or effect, notwithstanding LesseeTenant's due and timely exercise of the Option, if, after such exercise and during the term of this Lease, (i) Lessee Tenant fails to pay to Lessor Landlord a monetary obligation of Lessee Tenant for a period of 30 thirty (30) days after such obligation becomes due (without any necessity of Lessor Landlord to give notice thereof to LesseeTenant), or (ii) Lessee Tenant fails to commence to cure a default specified in paragraph 19.1(c14.1.3 within thirty (30) within 30 days after the date that Lessor Landlord gives notice to Lessee Tenant of such default and/or Lessee Tenant fails thereafter to diligently prosecute said cure to completion, or (iii) lessee Tenant commits a default described in paragraph 19.1(a)paragraphs 14.1.1, 19.1(d), 14.1.4 or 19.1(e) 14.1.5 (without any necessity of Lessor Landlord to give notice of such default to LesseeTenant), or (iv) Lessor gives to Lessee three or more notices of default under paragraph 19.1(b), where a late charge becomes payable under paragraph 19.4 for each such default, or paragraph 19.1(c), whether or not the defaults are cured.or

Effect of Default on Options. (a) Lessee shall have no right to exercise an Option, notwithstanding any provision in the grant of Option to the contrary, (i) during the time commencing from the date Lessor gives to Lessee a notice of default pursuant to paragraph 19.1(b13.1(c) or 19.1(c13.1(d) and continuing until the default noncompliance alleged in said notice of default is cured, or (ii) at any during the period of time commencing on the day after an event of default described paragraphs 19.1(a), 19.1(d), or 19.1(e) a monetary obligation to Lessor is due from Lessee and unpaid (without any necessity of Lessor to give INITIALS [ILLEGIBLE] INITIALS [ILLEGIBLE] FULL SERVICE--GROSS REVISED -C- 1984 American Industrial Real Estate Association for notice of such default thereof to Lessee)) and continuing until the obligation is paid, or (iviii) in the event that Lessor has given to Lessee three or more notices of default under paragraph 19.1(b13.1(c), where a late charge becomes payable under paragraph 19.4 for each of such defaults, or paragraph 19.1,(c13.1(d), whether or not the defaults are cured, during the 12 month period of time immediately prior to the time the that Lessee intends attempts to exercise the subject Option, (iv) if Lessee has committed any non-curable breach, including without limitation those described in paragraph 13.1(b), or is otherwise in default of any of the terms, covenants or conditions of this Lease. (b) The period of time within which an Option may be exercised shall not be extended or enlarged by reason of Lessee's inability to exercise an Option because of the provision provisions of paragraph 41.4(a39.4(a). (c) All rights of Lessee under the provisions of an Option shall terminate and be of no further force or effect, notwithstanding Lessee's due and timely exercise of the Option, if, after such exercise and during the term of this Lease, , (i) Lessee fails to pay to Lessor a monetary obligation of Lessee for a period of 30 thirty (30) days after such obligation becomes due (without any necessity of Lessor to give notice thereof to Lessee), or (ii) Lessee fails to commence to cure a default specified in paragraph 19.1(c13.1(d) within 30 thirty (30) days after the date that Lessor gives notice to Lessee of such default and/or Lessee fails thereafter to diligently prosecute said cure to completion, or (iii) lessee commits a default described in paragraph 19.1(a), 19.1(d), or 19.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or (iv) Lessor gives to Lessee three or more notices of default under paragraph 19.1(b13.1(c), where a late charge becomes payable under paragraph 19.4 for each such default, or paragraph 19.1(c13.1(d), whether or not the defaults are cured, or (iv) if Lessee has committed any non-curable breach, including without limitation those described in paragraph 13.1(b), or is otherwise in default of any of the terms, covenants and conditions of this Lease.

Effect of Default on Options. (a) Lessee shall have no right to exercise an Optionoption, notwithstanding any provision in the grant of Option to the contrary, (, i) during the time commencing from the date Lessor gives to Lessee a notice of default pursuant to paragraph 19.1(b) or 19.1(c) Section 10 and continuing until the default noncompliance alleged in said notice of default is cured, or or ii) during the period of time commencing on the date after a monetary obligation to Lessor is due from Lessee and unpaid (iiwithout any necessity for notice thereof to Lessee) and continuing until the obligation is paid, or iii) at any time after an event of default described in paragraphs 19.1(a10.1(a), 19.1(d10.1(d), or 19.1(e10.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or (or iv) in the event that Lessor has given to Lessee three or more notices of default under paragraph 19.1(b10.1(b), where a late charge becomes payable under paragraph 19.4 for each of such defaults, or paragraph 19.1,(c)10.1(c) , whether or not the defaults are cured, during the 12 month period of time immediately prior to the time the that Lessee intends attempts to exercise the subject Optionoption. (b) The period of time within which an Option option may be exercised shall not be extended or enlarged by reason of Lessee's inability to exercise an Option option because of the provision provisions of paragraph 41.4(a)36.5. (c) All rights of Lessee under the provisions of an Option shall terminate and be of no further force or effect, notwithstanding Lessee's due and timely exercise of the Option, if, after such exercise and during the term of this Lease, (, i) Lessee fails to pay to Lessor a monetary obligation of Lessee lessee for a period of 30 thirty (30) days after such obligation becomes due (without any necessity of Lessor to give notice thereof to Lessee), or (or ii) Lessee fails to commence to cure a default specified in paragraph 19.1(c10.1(c) within 30 thirty (30) days after the date that Lessor gives notice to Lessee of such default and/or Lessee fails thereafter to diligently prosecute said cure to completion, or (or iii) lessee Lessee commits a default described in paragraph 19.1(a10.1(a), 19.1(d), 10.1(d) or 19.1(e10.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or (or iv) Lessor gives to Lessee three (3) or more notices of default under paragraph 19.1(b12.1(b), where a late charge becomes payable under paragraph 19.4 for each such default, or paragraph 19.1(c12.1(c), whether or not the defaults are cured.

Effect of Default on Options. (a) Lessee shall have no right to exercise an Option, notwithstanding any provision in the grant of Option to the contrary, (i) during the time commencing from the date Lessor gives to Lessee a notice of default pursuant to paragraph 19.1(b13.1(c) or 19.1(c13.1(d) and continuing until the default noncompliance alleged in said notice of default is cured, or (ii) at any time after an event of default described paragraphs 19.1(a), 19.1(d), or 19.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or (iv) in the event that Lessor has given to Lessee three or more notices of default under paragraph 19.1(b), where a late charge becomes payable under paragraph 19.4 for each of such defaults, or paragraph 19.1,(c), whether or not the defaults are cured, during the 12 month period prior to the time the Lessee intends to exercise the subject Option.is (b) The period of time within which an Option may be exercised shall not be extended or enlarged by reason of Lessee's inability to exercise an Option because of the provision provisions of paragraph 41.4(a39.4(a). (c) All rights of Lessee under the provisions of an Option shall terminate and be of no further force or effect, notwithstanding Lessee's due and timely exercise of the Option, if, after such exercise and during the term of this Lease, (i) Lessee fails to pay to Lessor a monetary obligation of Lessee for a period of 30 thirty (30) days after such obligation becomes due (without any necessity of Lessor to give notice thereof to Lessee), or (ii) Lessee fails to commence to cure a default specified in paragraph 19.1(c13.1(d) within 30 thirty (30) days after the date that Lessor gives notice to Lessee of such default and/or Lessee fails thereafter to diligently prosecute said cure to completion, or (iii) lessee commits a default described in paragraph 19.1(a), 19.1(d), or 19.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or (iv) Lessor gives to Lessee three (3) or more notices of default for material defaults under the Lease under paragraph 19.1(b13.1(c), where a late charge becomes payable under paragraph 19.4 for each such default, or paragraph 19.1(c13.1(d), whether or not the defaults are cured, or (iv) if Lessee has committed any non-curable breach, including without limitation those described in paragraph 13.1(b), or is otherwise in default of any of the terms, covenants and conditions of this Lease.

Effect of Default on Options. (a) Lessee shall shill have no right to exercise an Option, notwithstanding any say provision in the grant of Option to the contrary, (i) during the time commencing from the date Lessor gives to Lessee a notice of default pursuant to paragraph 19.1(b13.1(b) or 19.1(c13.1(c) and continuing until the default noncompliance alleged in said notice of default is cured, or (ii) during the period of time commencing on the date after a monetary obligation to Lessor is due from Lessee and unpaid (without any necessity for notice thereof to Lessee) and continuing until the obligation is paid, or (iii) at any time after an event of default described in paragraphs 19.1(a13.1(a), 19.1(d13.1(d), or 19.1(e13.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or (iv) in the event that Lessor has given to Lessee three or more notices of default under paragraph 19.1(b13.1(b), where a late charge becomes payable under paragraph 19.4 for each of such defaults, or paragraph 19.1,(c13,1(c), whether or not the defaults are cured, during the 12 12-month period of time immediately prior to the time the that Lessee intends attempts to exercise the subject Subject Option. (b) The period of time rime within which an Option may be exercised shall not be extended or enlarged by reason of Lessee's inability to exercise an Option because of the provision provisions of paragraph 41.4(a39.4(a). (c) All rights of Lessee under the provisions of an Option shall terminate and be of no further force or effect, notwithstanding Lessee's due and timely exercise of the Option, if, after such exercise and during the term of this Lease, (i) Lessee fails to pay to Lessor a monetary obligation of Lessee for a period of 30 days after day; alter such obligation becomes due (without any necessity of Lessor to give notice thereof to Lessee), or (ii) Lessee fails to commence to cure a default specified in paragraph 19.1(c13.1(c) within 30 days after the date that Lessor gives notice to Lessee of such default and/or Lessee fails thereafter to diligently prosecute said cure to completion, or (iii) lessee Lessee commits a default described in paragraph 19.1(a13.l(a), 19.1(d13.1(d), or 19.1(e13.1(e) (without any necessity of Lessor to give notice of such default to Lessee), or (iv) Lessor gives to Lessee three or more notices of default under paragraph 19.1(b13.1(b), where a late charge becomes payable under paragraph 19.4 for each such default, or paragraph 19.1(c13.1(c), whether or not the defaults are cured.