DEFAULT BY TENANT AND REMEDIES. 17.1 The following events shall be deemed to be events of default by Tenant under this lease:
(a) Tenant shall fail to pay any installment of rent or any other obligation herein involving the payment of money and such failure shall continue for a period of five (5) days after the date due.
(b) Tenant shall fail to comply with any term, provision or covenant of this Lease, other than as described in subsection (a) above, and shall not cure such failure within fifteen (15) days after written notice thereof to Tenant.
(c) Tenant or any guarantor of Tenant's obligations under this lease shall become insolvent, or shall make a transfer in fraud of creditors, or shall make an assignment for the benefit of creditors.
(d) Tenant or any guarantor of Tenant's obligations under this lease shall file a petition for relief under any chapter of the Bankruptcy Code, as amended, or any similar law, or if such a petition shall be filed against Tenant or any guarantor of Tenant's obligations under this lease.
(e) A receiver or Trustee shall be appointed for the demised premises or for all or substantially all of the assets of Tenant or any guarantor of Tenant's obligations under this Lease.
(f) Tenant shall desert or vacate or shall commence to desert or vacate the demised premises or any substantial portion of the demised premises or shall remove or attempt to remove, without the prior written consent of Landlord, all or a substantial value of Tenant's goods, wares, equipment, fixtures, furniture, or other personal property.
(g) Tenant shall do or permit to be done anything which creates a lien upon the premises.
17.2 A Security Deposit specified in Article I, Section 1.1 (m) shall be held by Landlord without interest as security for the performance by Xxxxxx’s covenants and obligations under this Lease, it being expressly understood that such deposit is not an advance payment of rental or a measure of Landlord’s damages in case of default by Xxxxxx. Upon the occurrence of any event of default by Tenant, Landlord may, from time to time, without prejudice to any other remedy provided by law, use such fund to the extent necessary to make good any arrears of rent and any other damage, injury, expense or liability caused to Landlord by such event of default and Tenant shall pay to Landlord on demand the amount so applied in order to restore the security deposit to its original amount. If Tenant is not then in default herein, any remaining balance of such deposit shall be retur...
DEFAULT BY TENANT AND REMEDIES. 16 ARTICLE 23.
DEFAULT BY TENANT AND REMEDIES. 16.1 The following events shall be deemed to be events of default by Tenant under this Lease:
(a) Tenant shall fail to pay any installment of rent hereby reserved and such failure shall continue for a period of five (5) days.
(b) Tenant shall fail to comply with any term, provision or covenant of this Lease, other than the payment of rent and shall not cure such failure within thirty (30) days or such reasonable time as required to cure such failure after written notice thereof to Tenant.
DEFAULT BY TENANT AND REMEDIES. 36 ARTICLE 20: LANDLORD'S CONTRACTUAL SECURITY INTEREST................. 41 ARTICLE 21:
DEFAULT BY TENANT AND REMEDIES. 19.1 The following events shall be deemed to be events of default by Tenant under this Lease:
1) Tenant shall fail to pay any installment of rent or any other obligations hereunder involving the payment of money and such failure shall continue for a period of thirty (30) days after the date due .
DEFAULT BY TENANT AND REMEDIES. (iii) Standard Fire and Extended Coverage Insurance with Vandalism and Malicious Mischief
a. The following events shall be deemed to Endorsements insuring the Premises and Tenant’s be events of default by Tenant under this Lease: decorations, contents and all improvements on the Premises for the full replacement cost thereof; and
(i) Tenant shall fail to pay any installment of rental or any other expense demanded by
(iv) Comprehensive casualty and Landlord as herein provided and such failure shall continue damage insurance covering the Premises against loss or for a period of ten days; destruction by fire, wind, or other casualty in the full replacement cost of the buildings and all other improvements
(ii) Tenant shall fail to comply on the Premises, naming Landlord as the insured and loss with any term, provision or covenant of this Lease, other payee. than the payment of rental or expenses demanded by Landlord and shall not cure such failure within ten days after Tenant agrees to purchase such insurance, at its written notice thereof to Tenant; cost and expense, from companies satisfactory to Landlord Xxxxxx Bedding\2012-12-3 HDI Lease
(iii) Tenant or any guarantor of
DEFAULT BY TENANT AND REMEDIES. (a) Tenant shall be in default if any of the following events occur under this Lease:
(i) If Tenant should fail to pay the rental or other charges when due hereunder and such failure shall continue for ten (10) days after Tenant's receipt of Landlord's notice of such failure;
(ii) It Tenant shall fail (other than by a monetary default) to comply with any term, provision or covenant of this Lease to be kept by Tenant (other than the covenant to pay rent) and such failure shall continue for thirty (30) days after Tenant's receipt of Landlord's notice of such breach; or
(iii) Should it reasonably appear that Tenant has abandoned the Leased Premises; provided, however, if Tenant continues to pay rent when due, Tenant shall not be in default under this provision. "Abandon" means the vacating of all or a substantial portion of the Leased Premises by Tenant.
DEFAULT BY TENANT AND REMEDIES. The following events shall be deemed to be events of default by Tenant under this lease: (a) Tenant shall fail to pay any installment or rental or any other obligation under this lease involving the payment of money and such failure shall continue for a period of ten (10) days after written notice thereof to Tenant; provided, however, that for each calendar year during which Landlord has already given Tenant one written notice of the failure to pay an installment of rental, no further notice shall be required (i.e., the event of default will automatically occur on the tenth day after the date upon which the rental was due).
DEFAULT BY TENANT AND REMEDIES. 15 ARTICLE 19
DEFAULT BY TENANT AND REMEDIES
