Conditional Limitations; Default Provisions. (a) Any of the following occurrences or acts shall constitute an "Event of Default" under this Lease:
(i) if Tenant shall (1) fail to pay any Basic Rent, Additional Rent or other sum as and when required to be paid by Tenant hereunder, and such failure shall continue for two (2) Business Days after delivery of written notice from Landlord (or Lender) to Tenant that such payment was not received when due, or (2) fail to observe or perform any other provision hereof and such failure shall continue for thirty (30) days after written notice to Tenant of such failure (provided, that in the case of any such failure which is capable of being cured but cannot be cured by the payment of money and cannot with diligence be cured within such 30-day period, if Tenant shall commence promptly to cure the same and thereafter prosecute the curing thereof with diligence, the time within which such failure may be cured shall be extended for such period as is necessary to complete the curing thereof with diligence, but in no event to exceed one hundred twenty (120) days from the date of such failure); or
(ii) if any representation or warranty of Tenant or Guarantor set forth herein or in any notice, certificate, demand, request or other document or instrument delivered to Landlord in connection with this Lease shall prove to be incorrect in any material respect as of the time when the same shall have been made; or
(iii) if Tenant or ACCOR or any guarantor of Tenant's obligations under this Lease (ACCOR and/or any such guarantor are each referred to herein as a "Guarantor") shall file a petition in bankruptcy or for reorganization or for an arrangement, administration, liquidation or receivership pursuant to any federal or state law (or any other law governing a Guarantor), or shall be adjudicated a bankrupt or become insolvent or shall make an assignment for the benefit of creditors or shall admit in writing its inability to pay its debts generally as they become due, or if a petition or answer proposing the adjudication of Tenant or a Guarantor as a bankrupt or its reorganization pursuant to any federal or state bankruptcy, liquidation, voluntary administration, administration, receivership, moratorium or trust law or any similar federal or state law shall be filed in any court and Tenant or such Guarantor shall consent to or acquiesce in the filing thereof or such petition or answer shall not be discharged or denied within ninety (90) days after the filing thereof; or
(iv) ...
Conditional Limitations; Default Provisions. (a) If any Event of Default shall have occurred, Landlord shall have the right at its option, then or at any time thereafter, to do any one or more of the following without demand upon or notice to Tenant:
(i) Landlord may give Tenant notice of Xxxxxxxx’s intention to terminate this Lease on a date specified in such notice (which date shall be no sooner than thirty (30) days after the date of the notice). Provided that Tenant has not cured all Events of Default prior to the date specified in Landlord’s notice, the Term and the estate hereby granted and all rights of Tenant hereunder shall expire and terminate as if such date were the date hereinabove fixed for the expiration of the Term, but Tenant shall remain liable for all its obligations hereunder through the date hereinabove fixed for the expiration of the Term, including its liability for Basic Rent and Additional Rent as hereinafter provided in Paragraphs 19(b) and (c).
(ii) Landlord may, whether or not the Term of this Lease shall have been terminated pursuant to clause (i) above give Tenant notice to surrender the Leased Premises to Landlord on a date specified in such notice (which date shall be no sooner than thirty (30) days after the date of the notice), at which time Tenant shall surrender and deliver possession of the Leased Premises to Landlord. Upon or at any time after taking possession of the Leased Premises, Landlord may remove any persons or property therefrom. Landlord shall be under no liability for or by reason of any such entry, repossession or removal. No such entry or repossession shall be construed as an election by Landlord to terminate this Lease unless Xxxxxxxx gives a written notice of such intention to Tenant pursuant to clause (i) above.
(iii) After repossession of the Leased Premises pursuant to clause (ii) above, whether or not this Lease shall have been terminated pursuant to clause (i) above, Landlord may relet the Leased Premises or any part thereof to such tenant or tenants for such term or terms (which may be greater or less than the period which would otherwise have constituted the balance of the Term) for such rent, on such conditions (which may include concessions or free rent) and for such uses as Landlord, in its reasonable discretion, may determine; and Landlord shall collect and receive any rents payable by reason of such reletting. The rents received on such reletting shall be applied (A) first to the reasonable and actual expenses of such reletting and coll...
Conditional Limitations; Default Provisions. 24 20. Additional Rights of Landlord and Tenant.......................... 27 21. Notices........................................................... 28
Conditional Limitations; Default Provisions. 16 Section 7.02. Bankruptcy or Insolvency...................................19 Section 7.03. Additional Rights of Lessor................................19
Conditional Limitations; Default Provisions. 21 Section 7.02 Bankruptcy or Insolvency......................................25 Section 7.03 Additional Rights of Landlord.................................25 ARTICLE VIII
Conditional Limitations; Default Provisions. (a) Any of the following occurrences or acts shall constitute an "Event of Default" under this Lease:
Conditional Limitations; Default Provisions. SECTION 13.01. This Lease and the Demised Term are subject to the limitation that if, at any time during the Demised Term, any one or more of the following events (herein called an "event of default") shall occur, that is to say:
(i) if Lessee shall fail to pay any instalment of the rent provided for herein, or any part thereof, when
Conditional Limitations; Default Provisions. This Sublease and the term are subject to the limitations that, if at any time after the date hereof, any one of the following events (hereinafter called an "Event of Default") shall occur:
Conditional Limitations; Default Provisions. 56 5.2 Bankruptcy or Insolvency................................................................................59 5.3
Conditional Limitations; Default Provisions. 12 SECTION 16.
