Should the Tenant Clause Samples

The 'Should the Tenant' clause sets out specific obligations or actions that the tenant must undertake if certain conditions or events occur during the lease term. Typically, this clause details what the tenant is required to do in scenarios such as property damage, breaches of lease terms, or requests for alterations to the premises. By clearly outlining the tenant's responsibilities in these situations, the clause helps prevent misunderstandings and ensures both parties know what steps must be taken, thereby promoting smooth management of the lease and reducing the risk of disputes.
Should the Tenant. 7.1.1. fail to make payment of all or any amounts payable in terms of this Agreement on the due date; or 7.1.2. commit any breach whatsoever of any of the provisions of this Agreement; or 7.1.3. have any attachment, execution or similar processes issued against it, or fail to satisfy fully within 7 (Seven) days any judgment granted against it; or 7.1.4. be provisionally or finally sequestrated / liquidated or his estate be placed under administration; or 7.1.5. arrive at or attempt to arrive at a compromise with its creditors, then, and in such event, the Tenant agrees that: 7.1.6. the full balance of the Debt will immediately become due and payable notwithstanding that any portion thereof may not yet be due and payable; and 7.1.7. the Landlord shall be entitled, but not obliged, to immediately register the Tenant with the credit bureau or credit bureaus of their choice; and 7.1.8. the Landlord shall immediately and without notice either be entitled to institute action against the Tenant for recovery of all amounts owing in terms of this Agreement, and issue warrants of execution for the attachment of all goods of the Tenant, without prejudice to any other right which the Landlord may have as a result of such breach by the Tenant.
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Should the Tenant. 11.1.1 fail to pay any amount due by him in terms of this Lease on due date and remain in default more than 20 (twenty) business days after being notified in writing to do so by the Landlord or its Agent; 11.1.2 commit any other breach of any terms of this Lease and fail to remedy that breach within a period of 20 (twenty) business days after receipt of written notice to that effect by the Landlord; 11.1.3 fail to pay the monthly rental on due date within any one period of twelve (12) months during this Lease after the Landlord has, during such period, given the Tenant notice under 11.1.1 on two or more occasions; 11.1.4 repeatedly breach any of the terms of this Lease in such manner as to justify the Landlord in holding that the Tenant’s conduct is inconsistent with the intention or ability of the Tenant to carry out the terms of this Lease; 11.1.5 contravene the Conduct Rules of the Body Corporate, if applicable, and having been advised thereof in writing, and having remained in breach of such Conduct Rules; then and in any one of such events the Landlord shall without prejudice to its right to claim damages, its right to eject the Tenant from the premises or the right to report the conduct to Credit Bureaus and or making this information available to Credit Granters, or to any other claim of any nature whatever that the Landlord may have against the Tenant as a result thereof – 11.1.6 be entitled to cancel this Lease; OR 11.1.7 In the case of clause 11.1.2 be entitled to remedy such breach and immediately recover the total cost incurred by him in so doing, from the Tenant.
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Related to Should the Tenant

  • Lessor It is important that the full name of the Entity leasing the commercial space is reported as the Lessor.

  • Tenant Tenant shall not make any alterations to or modifications of the Leased Premises or construct any improvements within the Leased Premises until Landlord shall have first approved, in writing, the plans and specifications therefore, which approvals shall not be unreasonably withheld or delayed. Landlord's consent shall not be required for non-structural interior improvements costing less than $10,000 in any calendar year. Plans are required. All such modifications, alterations or improvements, once so approved, shall be made, constructed or installed by Tenant at Tenant's expense (including all permit fees and governmental charges related thereto), using a licensed contractor first approved by Landlord, in substantial compliance with the Landlord approved plans and specifications therefore. All work undertaken by Tenant shall be done in accordance with all Laws and in a good and workmanlike manner using new materials of good quality. Tenant shall not commence the making of any such modifications or alterations or the construction of any such improvements until (i) all required governmental approvals and permits shall have been obtained, (ii) all requirements regarding insurance imposed by this Lease have been satisfied, (iii) Tenant shall have given Landlord at least five business days prior written notice of its intention to commence such work so that Landlord may post and file notices of non-responsibility, and (iv) if requested by Landlord, Tenant shall have obtained contingent liability and broad form builder's risk insurance in an amount reasonably satisfactory to Landlord to cover any perils relating to the proposed work not covered by insurance carried by Tenant pursuant to Article 9. In no event shall Tenant make any modifications, alterations or improvements whatsoever to the Outside Areas or the exterior or structural components of the Building including, without limitation, any cuts or penetrations in the floor, roof or exterior walls of the Leased Premises without Landlord's approval which shall not be unreasonably withheld. As used in this Article, the term "modifications, alterations and/or improvements" shall include, without limitation, the installation of additional electrical outlets, overhead lighting fixtures, drains, sinks, partitions, doorways, or the like.

  • LANDLORD The covenants and obligations contained in this Lease on the part of Landlord are binding on Landlord, its successors, and assigns only during their respective period of ownership of an interest in the Building. In the event of any transfer or transfers of such title to the Building, Landlord (and, in the case of any subsequent transfers or conveyances, the then grantor) shall be concurrently freed and relieved from and after the date of such transfer or conveyance, without any further instrument or agreement, of all liability with respect to the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performed.

  • Lessee The related Lessee is a Person other than MBFS USA, any Affiliate thereof or a Governmental Authority and, at the time of origination of the 201[__]-[__] Lease, based on information provided by the Lessee, the Lessee is located in and has a billing address within a State.

  • The Building and The Project The Premises are a part of the building set forth in Section 2.1 of the Summary (the “Building”). The term “Project,” as used in this Lease, shall mean (i) the Building and the Common Areas and (ii) the land (which is improved with landscaping, parking facilities and other improvements) upon which the Building and the Common Areas are located.