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Lessee Default means any default by the applicable Lessee in payment of a total of three months of rent pursuant to such Lease, and such default remains uncured for more than 120 days from the original due date of the latest payment resulting in a total of three months of rent remaining unpaid.
Breaches may include, but are not limited to, failure to pay Rent, engaging in any unlawful activity, damaging or otherwise destroying Property or any common areas therein, or violation of any part or sub-part of this Lease.
A failure to comply with A ?default? is a failure to comply with a provision in the lease. ?Curing? or ?remedying? the default means correcting the failure or omission. A common example is a failure to pay the rent on time. What does ?default? and ?cure the default? mean? Land For Good ? resources ? faqs ? default-cu... Land For Good ? resources ? faqs ? default-cu...
Commercial leases require an effective default clause that allows the landlord to force a tenant to comply with all lease obligations. The default clause commonly provides the procedure for obtaining an eviction or the threat of an eviction for a commercial tenant's violation of the lease.
Default tenancy is shared. You and other customers all have VM's on the same hypervisor, and the separation is programmatic. Dedicated tenancy means you're the only customer running anything on that host.