DEFAULT AND BANKRUPTCY. In the event that:
DEFAULT AND BANKRUPTCY. In the event that (a) the LESSEE shall default in the payment of any installment of rent or other sum herein specified and such default shall continue for ten (10) days after written notice of payment default, or if such written notice of payment default is required in three events or more in any calendar year, thereafter ten days after the payment due date without written notice being required for the balance of such year; or (b) the LESSEE shall default in the observance or performance of any other of the LESSEE'S material covenants, agreement, or obligations hereunder and such default shall not be corrected within thirty (30) days after written notice thereof from LESSOR, of if such default is not susceptible to cure within thirty days, in the event the LESSEE shall fail to commence to cure within the thirty days or thereafter diligently to prosecute such cure to completion; or (c) the LESSEE shall be declared bankrupt or insolvent according to law, or, if any assignment shall be made of LESSEE'S property for the benefit of creditors, then the LESSOR shall have the right thereafter, while such default continues, to re-enter and take complete possession of the Leased Premises, to declare the term of this lease ended, and remove the LESSEE'S effects, without prejudice to any remedies which might be otherwise used for arrears of rent or other default. The LESSEE shall indemnify the LESSOR against all loss of rent and other payments which the LESSOR may incur by reason of such termination during the residue of the term. LESSOR shall make reasonable efforts to relet the Leased Premises, and net rents received by the LESSOR shall be credited to the LESSEE'S obligations hereunder. If the LESSEE shall default, after reasonable notice thereof, in the observance or performance of any conditions or covenants on LESSEE'S part to be observed or performed under or by virtue of any of the provisions in any article of this lease and shall fail to cure such default within the applicable cure period, then the LESSOR, without being under any obligation to do so and without thereby waiving such default, may remedy such default for the account and at the expense of the LESSEE. If the LESSOR makes any expenditures or incurs any obligations for the payment of money in connection therewith, including but not limited to, reasonable attorney's fees in instituting, prosecuting or defending any action or proceeding, such sums paid or obligations insured, with interest at the rate ...
DEFAULT AND BANKRUPTCY. (a) In the event (each an “Event of Default”):
DEFAULT AND BANKRUPTCY. The following shall constitute a default by Lessee under this Lease:
DEFAULT AND BANKRUPTCY. In the event that: (a) The LESSEE shall in the payment of any installment of rent or other sum herein specified and default shall continue for ten (10) days after written notice thereof; or
DEFAULT AND BANKRUPTCY. The provisions of this paragraph shall not apply insofar as rent is concerned, as the full rent has been paid to Lessor upon execution of said Leasx. Xxwever, insofar as any additional rent obligation created by ongoing monthly expenses which constitute additional rent, then, in the event that:
DEFAULT AND BANKRUPTCY. (a) If the Buyer (being a company) enters into administration liquidation or receivership or (being an individual) becomes bankrupt or in either case makes any arrangement with his creditors or commits a material or serious breach of the contract and these terms and conditions (and in the case of such a breach being remediable fails to remedy it within seven days of receiving notice to do so) he will be deemed to have repudiated the contract.
DEFAULT AND BANKRUPTCY. A. (a.) XXXXXX’S failure to pay any installment of rent or additional rent pursuant to paragraphs 3, 14B, 17 and 18 of this LEASE shall constitute a default and shall result in the automatic and immediate cancellation and termination of this LEASE following the five (5) day written notice to the LESSEE. LESSEE shall immediately remove itself and its employees from the demised premises and surrender same to the LESSOR;
DEFAULT AND BANKRUPTCY. In the event that: ---------------------- (a) The LESSEE, or any guarantor of LESSEE's obligations hereunder, shall default in the payment of any installment of rent or other sum herein specified; or
DEFAULT AND BANKRUPTCY. In the event that: (fill in)
