Common use of Inability to Perform Clause in Contracts

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 shall not operate to excuse Tenant from the prompt payment of Rent.

Appears in 34 contracts

Sources: Lease (Axonics, Inc.), Lease (Tandem Diabetes Care Inc), Lease Agreement (Lantronix Inc)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 shall not operate to excuse Tenant from the prompt payment of Rentrent or from the timely performance of any other obligation under this Lease within Tenant's reasonable control.

Appears in 26 contracts

Sources: Industrial Lease (Jni Corp), Industrial Lease (Rainbow Technologies Inc), Assignment of Lease (NBC Internet Inc)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 shall not operate to excuse Tenant from the prompt payment of Rentrent.

Appears in 25 contracts

Sources: Office Space Lease, Office Space Lease (BofI Holding, Inc.), Office Space Lease (Neothetics, Inc.)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 20.8 shall not operate to excuse Tenant from the prompt payment of Rent.

Appears in 20 contracts

Sources: Lease Agreement (Robot Cache US Inc.), Lease Agreement (Robot Cache US Inc.), Lease Agreement (Janux Therapeutics, Inc.)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 20.7 shall not operate to excuse Tenant from the prompt payment of Rent.

Appears in 8 contracts

Sources: Lease (Capstone Dental Pubco, Inc.), Lease Agreement (AVITA Medical, Inc.), Lease Agreement (Mullen Automotive Inc.)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 19.8 shall not operate to excuse Tenant either party from the prompt payment of Renta monetary obligation.

Appears in 3 contracts

Sources: Lease Agreement (Columbia Care Inc.), Lease (Leo Holdings III Corp.), Lease Agreement (Columbia Care Inc.)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 shall not operate to excuse Tenant from the prompt payment of RentRent or delay Tenant from receiving the abatement of any rental to which ii entitled under any express provision of this Lease.

Appears in 1 contract

Sources: Sublease (Upwork Inc.)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. , The provisions of this Section 20.9 shall not operate to excuse Tenant from the prompt payment of Rent.

Appears in 1 contract

Sources: Lease (Axonics Modulation Technologies, Inc.)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 shall not operate to excuse Tenant from the prompt payment of Rent.

Appears in 1 contract

Sources: Sublease (Medicinova Inc)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 ; provided that the foregoing shall not operate be deemed to excuse Tenant from extend the prompt payment time periods set forth in Article XI of Rent.this

Appears in 1 contract

Sources: Office Space Lease (Acacia Research Corp)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that partyparty (each, an “event of force majeure”), then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 20.8 shall not operate to excuse Tenant from the prompt payment of Rent.

Appears in 1 contract

Sources: Lease Agreement (Linkhome Holdings Inc.)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 shall not operate to excuse Tenant from the prompt payment of RentRent or excuse Landlord of any obligation that can be satisfied by the payment of money.

Appears in 1 contract

Sources: Lease Agreement (Tracon Pharmaceuticals, Inc.)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 20.8 shall not operate to excuse Tenant from the prompt payment of RentRent or Landlord from any claim arising out of a financial inability to perform.

Appears in 1 contract

Sources: Lease (Connect Biopharma Holdings LTD)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 shall not operate to excuse Tenant from the prompt payment of Rent.the

Appears in 1 contract

Sources: Industrial Lease (Silicon Storage Technology Inc)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 shall not nor operate to excuse Tenant from the prompt payment of Rentrent.

Appears in 1 contract

Sources: Office Space Lease (Pimco Advisors Holdings Lp)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the that work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 shall not operate to excuse Tenant from the prompt payment of Rentrent.

Appears in 1 contract

Sources: Assignment of Lease (Imperial Credit Commercial Holdings Inc)

Inability to Perform. In the event that either party shall be delayed or hindered in or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 shall not operate to excuse Tenant from the prompt payment of Rent.this

Appears in 1 contract

Sources: Lease (Connect Biopharma Holdings LTD)