Default A. I will be in default of this lease if: (a) I fail to pay any amount due you within 60 days of the due date. (b) The Equipment becomes involved in any civil or criminal actions or suits or is seized by law enforcement agencies due to my neglect or misconduct. (c) I (or any guarantor of my obligation hereunder) file or there is filed against me (or any guarantor of my obligation hereunder) a petition in U.S. Bankruptcy Court or I (or any guarantor of my obligation hereunder) have made an assignment for the benefit of creditors. (d) The Equipment is lost, stolen or destroyed, if the loss is not covered by the loss or destruction waiver.
Appears in 4 contracts
Samples: Is a Lease Agreement, Is a Lease Agreement, Is a Lease Agreement
