Default by Authority, Notice and Cure Periods. Each of the following events will be an Authority Event of Def xxxx for purposes of this Lease:
18.1.1. Failure to notify Virgin of a change negati vely affecting the provisions of Paragraph 15.16 or Subparagraphs 15.1 6, 15.17, , or 15.18 , pertaining to the Authority s coverage.
18.1.2. Failure to comply with the environmental provisions of this Lease.
18.1.3. Failure to perform the maintenance required by this Lease.
18.1.4. Any representation made by the Authority in this Lease proves to have been false or misleading in any material respe ct when made.
18.1.5. Any authorization, approval, filing, regist ration or other governmental, judicial or public body or authority necessary to enable the Authority to comply with its obligations under this Lease or the Development Agreement is revoked, rescinded, suspended, held invalid, or otherwise li mited in effect in a manner that would affect materially and adversely the Authority s abi lity to perform its obligations under this Lease or the Development Agreement; or any law, regulation, rule, decree or direct ive of a competent authority is enacted or issued that will impair materially and adversely the ability or the right of the Authority, as the c ase may be, to perform such obligations, or it becomes unlawful for the Authority to perform such obligations.
18.1.6. Failure to comply with any covenant, agreement or condition contained in this Lease that remains uncured after a period of sixty (60) Days after receipt of written notice of default from Virgin.
18.1.7. Failure of the Date of Beneficial Occupancy to occur by April 30, 2012.
18.1.8. A default by the Authority under the Development Agreement that remains uncured after exercise of the dispute resol ution provisions contained in the Development Agreement.
18.1.9. The Authority s termination of this Lease pursuant to Paragraph 3. 6 or 3.7 of this Lease will not be an Authority Event of Default.
Default by Authority, Notice and Cure Periods. Each of the following events will be an “Authority Event of Default” for purposes of this Lease:
18.1.1. Any representation made by the Authority in this Lease proves to have been false or misleading in any material respect when made;
18.1.2. Any authorization, approval, filing, registration or other governmental, judicial or public body or authority necessary to enable the Authority to comply with its obligations under this Lease is revoked, rescinded, suspended, held invalid, or otherwise limited in effect in a manner that would affect materially and adversely the Authority’s ability to perform its obligations under this Lease; or any law, regulation, rule, decree or directive of a competent authority is enacted or issued that will impair materially and adversely the ability or the right of the Authority, as the case may be, to perform such obligations, or it becomes unlawful for the Authority to perform such obligations;
18.1.3. Failure to comply with any covenant, agreement or condition contained in this Lease that remains uncured after a period of ninety (90) days after receipt of written notice from EGX.
