Common use of PROVISO FOR RE-ENTRY Clause in Contracts

PROVISO FOR RE-ENTRY. 4.1.1 The Landlord may terminate this Lease by re-entering the Premises (or a part of them) itself or by an authorized agent if: 4.1.1.1 any rent remains unpaid twenty one days after becoming due for payment (whether or not formally demanded); or 4.1.1.2 the Tenant fails to perform or observe any of its covenants or the conditions in this Lease or allows any distress or execution to be levied on its goods; or 4.1.1.3 an event of insolvency occurs in relation to the Tenant or one of the Tenants or any guarantor of the Tenant or one of the Tenants

Appears in 2 contracts

Sources: Lease (Prime Response Inc/De), Lease (Prime Response Group Inc/De)

PROVISO FOR RE-ENTRY. 4.1.1 The Landlord may terminate this Lease by re-entering the Premises (or a part of them) itself or by an authorized authorised agent if: 4.1.1.1 any rent remains unpaid twenty one days after becoming due for payment (whether or not formally demanded); or 4.1.1.2 the Tenant fails to perform or observe any of its covenants or the conditions in this Lease or allows any distress or execution to be levied on its goods; , or 4.1.1.3 an event of insolvency occurs in relation to the Tenant or one of the Tenants or any guarantor of the Tenant or one of the Tenants

Appears in 1 contract

Sources: Lease Agreement (Nexsan Corp)