CONDITIONS OF DEFAULT. If at any time during the term of this Lease, Tenant shall: a. Default in the payment of any installment of rent or any other sums specifically to be paid by Tenant hereunder and such default shall not have been cured within ten (10) days after Landlord shall have given to Tenant written notice specifying such default; or b. Default in the observance of any of the Tenant’s covenants, agreements or obligations hereunder, other than the covenants to pay rent or any other sum herein specified to be paid by Tenant, and such default shall not have been cured within thirty (30) days after Landlord shall have given to Tenant written notice specifying such default; provided, however, that if the default complained of shall be of such nature that he same cannot be completely remedied or cured within such thirty (30) day period, then such default shall not be an enforceable default against Tenant for the purposes of this paragraph if Tenant shall have commenced curing such default within such thirty (30) day period and shall proceed with reasonable diligence and in good faith to remedy the default complained of; or c. Finally and without further possibility of appeal or review (1.) be adjudicated bankrupt or insolvent, (
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement
CONDITIONS OF DEFAULT. If at any time during the term of this Lease, Tenant shall:
a. Default in the payment of any installment of rent or any other sums specifically to be paid by Tenant hereunder and such default shall not have been cured within ten (10) days after Landlord shall have given to Tenant written notice specifying such default; or
b. Default in the observance of any of the Tenant’s Tenants’ covenants, agreements or obligations hereunder, other than the covenants to pay rent or any other sum herein specified to be paid by Tenant, and such default shall not have been cured within thirty (30) days after Landlord shall have given to Tenant written notice specifying such default; provided, however, that if the default complained of shall be of such nature that he same cannot be completely remedied or cured within such thirty (30) day period, then such default shall not be an enforceable default against Tenant for the purposes of this paragraph if Tenant shall have commenced curing such default within such thirty (30) day period and shall proceed with reasonable diligence and in good faith to remedy the default complained of; or
c. Finally and without further possibility of appeal or review (1.) be adjudicated bankrupt or insolvent, (
Appears in 1 contract
Samples: Lease Agreement
CONDITIONS OF DEFAULT. If at The occurrence of any time during one or more of the term following events shall constitute a material default and breach of this Lease, Tenant shallLease Agreement by Lessee:
a. 10.1. Default in the payment of any installment of rent or any other sums specifically to be paid by Tenant Lessee hereunder and such default shall not have been cured within ten (10) days after Landlord the City shall have given to Tenant Lessee written notice specifying such default; or.
b. 10.2. Default in the observance of any of the Tenant’s Lessee's covenants, agreements or obligations hereunder, other than the covenants to pay rent or any other sum herein specified to be paid by TenantLessee, and such default shall not have been cured within thirty (30) days after Landlord the City shall have given to Tenant Lessee written notice specifying such default; provided, however, that if the default complained of shall be of such nature that he same cannot be completely remedied or cured within such thirty (30) day period, then such default shall not be an enforceable default against Tenant Lessee for the purposes of this paragraph if Tenant Lessee shall have commenced curing such default within such thirty (30) day period and shall proceed with reasonable diligence and in good faith to remedy the default complained of; or
c. Finally and without further possibility of appeal or review (1.) be adjudicated bankrupt or insolvent, (thirty
Appears in 1 contract
Samples: Lease Agreement
CONDITIONS OF DEFAULT. If at any time during the term of this Lease, Tenant shall:
a. Default in the payment of any installment of rent or any other sums specifically to be paid by Tenant hereunder hereunder, or default in payment of aircraft landing or parking charges, including finance charges, late fees and penalties, as established by Resolution of the governing body of the City of Roswell, and such default shall not have been cured within ten (10) days after Landlord shall have given to Tenant written notice specifying such default; or
b. Default in the observance of any of the Tenant’s Tenants=s covenants, agreements or obligations hereunder, other than the covenants to pay rent or any other sum herein specified to be paid by Tenant, and such default shall not have been cured within thirty (30) days after Landlord shall have given to Tenant written notice specifying such default; provided, however, that if the default complained of shall be of such nature that he same cannot be completely remedied or cured within such thirty (30) day period, then such default shall not be an enforceable default against Tenant for the purposes of this paragraph if Tenant shall have commenced curing such default within such thirty (30) day period and shall proceed with reasonable diligence and in good faith to remedy the default complained of; or
c. Finally and without further possibility of appeal or review (1.) be adjudicated bankrupt or insolvent, (
Appears in 1 contract
Samples: Lease Agreement