Default by Subtenant. In the event Subtenant shall be in default of any covenant of, or shall fail to honor any obligation under, this Sublease, Sublandlord shall have available to it against Subtenant all of the remedies available (a) to Landlord under the Master Lease in the event of a similar default on the part of Sublandlord thereunder or (b) at law.
Default by Subtenant. (a) Upon the happening of any of the following:
Default by Subtenant. Subtenant shall do nothing that will subject the Main Lease to termination by Landlord under the provisions of the Main Lease. If Subtenant is in default under the provisions of the Main Lease, Tenant shall be entitled, but not obligated, to cure such default on behalf of and for the account of Subtenant, in which case all damages and expenses, including without limitation reasonable attorneys’ fees, incurred by Tenant in connection with such cure, together with interest thereon until paid at the maximum rate permitted under applicable law, shall be paid by Subtenant to Tenant, as additional rent hereunder, immediately upon Tenant’s demand therefor. By so curing any such default of Subtenant on behalf of and for the account of Subtenant, Tenant shall not be deemed to have waived any of its rights or released Subtenant from any of its obligations under this Sublease. Tenant shall, however, also be entitled to cure such default on its own account to preserve its interest in and under the Main Lease, and may terminate this Sublease by-reason of such default of Subtenant if Subtenant does not pay to Tenant, as additional rent hereunder, all damages and expenses, including without limitation reasonable attorneys’ fees, incurred by Tenant in connection with such cure, together with interest thereon until paid at the maximum rate permitted under applicable law, within ten (10) days after demand therefor. In the event Tenant terminates this Sublease due to a default by Subtenant, Subtenant shall immediately reimburse Tenant, as additional rent, the unamortized value of the Free Rent (amortized on a straight-line basis over the term of this Sublease) as of the date of such termination, which remedy shall be in addition to all of Tenant’s other rights and remedies set forth herein and at law and in equity. In the event that the Main Lease is terminated by Landlord by reason of Subtenant’s default, Subtenant shall indemnify Tenant against, and hold Tenant harmless from, all damages and expenses that Tenant may become liable to pay under the Main Lease resulting from such default, plus all other expenses relating thereto, including without limitation (i) reasonable attorneys’ fees and the full expense (including the value of the work required to be done by Tenant’s personnel) of relocating Tenant to new leased premises as a replacement for the Tenant’s Premises, which new leased premises shall be at least equivalent to the Tenant’s Premises in terms of size, quality o...
Default by Subtenant. The following shall be an Event of Default hereunder (“Event of Default”):
Default by Subtenant. (a) Each of the following shall be an “Event of Default” by Subtenant and a material breach of the provisions of this Sublease: if Subtenant (i) fails to pay in full any amounts owed under this Sublease on the date due and such failure continues for more than three (3) days past such due date, provided that if such failure is the first (1st) failure of the current calendar year, Subtenant shall be entitled to an additional grace period of five (5) days after written notice from Sublandlord; or (ii) fails to perform any other obligation, term, covenant or condition of this Sublease or of the Master Lease which pursuant to this Sublease is the obligation of the Subtenant, and such failure continues for more than thirty (30) days after receiving notice thereof from Sublandlord, or (iii) commits any act or omission, or allows to be committed any act or omission, which constitutes a breach of any of the terms, obligations, covenants or conditions under the Master Lease applicable to the Tenant or under this Sublease. Upon the occurrence of any Event of Default by Subtenant, Sublandlord may, at Sublandlord’s option without any further demand or notice, in addition to any other remedy or right, given hereunder or by law, do any of the following:
Default by Subtenant. The occurrence of any one or more of the following events (in this Section 19 sometimes called an “Event of Default”) shall constitute a default and breach of this Sublease by Subtenant:
Default by Subtenant. (a) The following shall constitute events of default (each an “Event of Default”):
Default by Subtenant. The occurrence of any of the following events shall constitute a default by Subtenant under this Sublease: (a) Subtenant fails to pay in a timely manner any installment of Sublease Basic Monthly Rent or any other sum due under the Lease or this Sublease within three (3) business days after receipt of written notice that the same is past due; (b) Subtenant fails to observe or perform in a timely manner any other term, covenant or condition to be observed or performed by Subtenant under the Lease or this Sublease within ten (10) calendar days after written notice is given to Subtenant of such failure; provided, however, that if more than ten (10) calendar days is reasonably required to cure such failure, Subtenant shall not be in default if Subtenant commences such cure within such ten (10) day period and diligently prosecutes such cure to completion; (c) Subtenant files a petition in bankruptcy, becomes insolvent, has taken against Subtenant in any court, pursuant to state or federal statute, a petition in bankruptcy or insolvency or for reorganization or appointment of a receiver or trustee, petitions for or enters into an arrangement for the benefit of creditors or suffers this Sublease to become subject to a writ of execution; or (d) Subtenant vacates or abandons the Subleased Premises.
Default by Subtenant. (a) If: (i) Subtenant defaults in the payment, when due, of any installment of Rent and Subtenant fails to remedy such default within five (5) days after the date such payment was due; or (ii) Subtenant defaults in fulfilling any other covenant of this Sublease and Subtenant fails to remedy such default within ten (10) days after notice by Sublandlord to Subtenant specifying the nature of such default (or if such default cannot be completely cured or remedied within such ten (10)-day period and Subtenant shall not have diligently commenced curing such default within a five (5)-day period and shall not thereafter diligently remedy or cure such default within sixty (60) days after notice from Sublandlord); or (iii) there is any Default by Subtenant, then Sublandlord may, in addition to all remedies available to it by the terms of the Primes Lease and by notice to Subtenant, cancel this Sublease, and this Sublease and the Term hereunder shall end and expire as fully and completely as if the date of cancellation were the day herein definitely fixed for the end and expiration of this Sublease and the Term hereof. Subtenant shall then quit and surrender the Premises to Sublandlord, but Subtenant shall remain liable as provided in the Prime Lease and hereunder.
Default by Subtenant. Time is of the essence with respect to each of the provisions of this Sublease. Any of the following shall constitute a default by Subtenant:
