Default by Tenant/Landlord’s Remedies. (a) The occurrence of any of the following shall constitute an Event of Default hereunder by Tenant:
(i) The Rent or any other sum of money due of Tenant hereunder is not paid within five (5) days of the date written notice of such late payment is received by Tenant; provided, however, if more than two (2) payments due of Tenant hereunder in any one (1) calendar year are not made until after notice of such late payment is received by Tenant, then it shall be an event of default hereunder by Tenant if any subsequent payment due of Tenant hereunder in the same calendar year is not made within ten (10) days of the date when due;
(ii) The Premises are abandoned or vacated; provided, however, if Tenant deserts or vacates the Premises, Landlord's sole remedy for such default shall be to terminate this Lease effective on such date as Landlord specifies to Tenant by notice, and without further liability on the part of Landlord or Tenant. The preceding sentence is not intended and shall not be deemed to waive or limit any of Landlord's rights or remedies in connection with or based on any default other than vacation or desertion;
(iii) Any petition is filed by or against Tenant under any section or chapter of the National or Federal Bankruptcy Act or any other applicable Federal or State bankruptcy, insolvency or other similar law, and, in the case of a petition filed against Tenant, such petition is not dismissed within thirty (30) days after the date of such filing; if Tenant shall become insolvent or transfer property to defraud creditors; if Tenant shall make an assignment for the benefit of creditors; or if receiver is appointed for any of Tenant's assets;
(iv) Tenant fails to bond off or otherwise remove any lien filed against the Premises or the Building by reason of Tenant's actions, within fifteen (15) days after Tenant has notice of the filing of such lien;
(v) Tenant fails to observe, perform and keep the covenants, agreements, provisions, stipulations, conditions and Rules herein contained to be observed, performed and kept by Tenant (other than the failure to pay when due any Rent or any other sum of money becoming due Landlord hereunder, which under all circumstances is governed by and subject to Paragraph 10(a)(i) herein), and persists in such failure after fifteen (15) days written notice by Landlord requiring that Tenant remedy, correct, desist or comply (or if any such failure to comply on the part of Tenant would reasonably require more than fift...
Default by Tenant/Landlord’s Remedies. Xxxxxxxx's remedies for Tenant's default are to (a) enter and take possession of the Premises, after which Landlord may relet the Premises on behalf of Tenant and receive the Rent directly by reason of the reletting, and Xxxxxx agrees to reimburse Landlord for any expenditures made in order to relet; (b) enter the Premises and perform Tenant's obligations; and (c) terminate this lease by written notice and sue for damages. Landlord may enter and take possession of the Premises by self-help, by picking or changing locks if necessary, and may lock out Tenant or any other person who may be hunting on the Premises, until the default is cured, without being liable for damages.
Default by Tenant/Landlord’s Remedies. Landlord’s remedies for Tenant’s default are to (a) enter and take possession of the premises; or (b) terminate this lease by written notice and submit the matter to arbitration for determination of damages. Landlord may enter and take possession of the premises by self-help, by picking or changing locks if necessary, and may lock out Tenant or any other person who may be occupying the premises, until the default is cured, without being liable for damages.
Default by Tenant/Landlord’s Remedies. Landlord's remedies for Tenant's default are (a) to terminate this Lease by giving Tenant written notice of termination, (b) to reenter, take possession, and relet the Premises or any part thereof for the balance of the then current initial or extended term of this Lease, or (c) any other remedy available to Landlord at law or in equity. If Landlord elects not to terminate this Lease, Landlord shall use reasonable efforts to relet the Premises and all rental received by Landlord from the reletting during the Term of this Lease shall be applied to the Rent and the other amounts Tenant is obligated to pay under this Lease. If the rental received from the reletting is less than the Rent and the other amounts Tenant is obligated to pay under this Lease, Tenant shall remain liable for the deficiency.
Default by Tenant/Landlord’s Remedies. Xxxxxxxx’s remedies for Xxxxxx’s default are all remedies available at law.
Default by Tenant/Landlord’s Remedies. Xxxxxxxx’s remedy for Tenant’s default, after providing a notice describing the nature of default and such default continues for a period of ten
Default by Tenant/Landlord’s Remedies. Landlord’s remedies for Tenant’s default are to terminate this Leaseback Agreement by written notice and/or xxx for damages.
Default by Tenant/Landlord’s Remedies. 13.1 Events of Default. The following events (individually, an "Event of Default," and collectively, "Events of Default") constitute defaults under this Lease:
(a) Failure of Tenant to pay when due an installment of the rent or any other amount payable to Landlord hereunder.
(b) Failure of Tenant to comply with any term, condition or covenant of this Lease.
(c) Insolvency of, or the making of a transfer in fraud of creditors or a general assignment for the refit of creditors by, Tenant or a Guarantor of Tenant's obligations under this Lease.
(d) Filing of a petition under any section or chapter of the United States Bankruptcy Code, as needed. or under any similar law or statute of the United States or any State thereof, by Tenant or by a guarantor of Tenant's obligations under this Lease, or entry of an order for relief in a bankruptcy proceeding against Tenant or a Guarantor.
(e) Appointment of a receiver, trustee or liquidator of Tenant or of a Guarantor or for alt or substantially all of the assets of Tenant or of a Guarantor of Tenant's obligations under this Lease.
(f) Abandonment by Tenant of any substantial portion of the Premises or cessation of use of the remises for the purpose leased.
Default by Tenant/Landlord’s Remedies. Landxxxx'x xemedies for Tenant's default are to (a) enter and take possession of the premises, after which Landlord may relet the premises on behalf of Tenant and receive the rent directly by reason of the reletting, and Tenaxx xxxees to reimburse Landlord for any expenditures made in order to relet; (b) enter the premises and perform Tenant's obligations; or (c) terminate this lease by written notice and sue for damages. Landlord may enter and take possession of the premises by self-help, by picking or changing locks if necessary, and may lock out Tenant or any other person who may be occupying the premises, until the default is cured, without being liable for damages.
Default by Tenant/Landlord’s Remedies. LANDLORD's remedies for TENANT's default are to (a) enter and take possession of the Premises, after which Landlord may relet the Premises on behalf of TENANT and receive the Rent directly by reason of the reletting, and TENANT agrees to reimburse Landlord for any expenditures made in order to relet; (b) enter the Premises and perform TENANT's obligations; (c) terminate this lease by written notice and xxx for damages. LANDLORD may enter and take possession of the Premises by self-help, by picking or changing locks if necessary, and may lock out TENANT or any other person who may be occupying the Premises, until the default is cured, without being liable for damages.
