Default Clause. If the Tenant shall fail to pay the rent or any other charge required to be paid by the Tenant, or if the Tenant shall breach any of the terms of this Lease or the rules attached hereto or enacted from time to time, then the Landlord may give the Tenant such notice as may be required by law and the Tenant shall surrender possession to the Landlord, but the Tenant shall remain liable for payment of rent. If the apartment becomes vacant or abandoned, the Landlord may re-enter and take possession. The Tenant agrees that upon default the entire unpaid balance of rent shall accelerate and immediately become due and payable.
Default Clause. In the event: (a) Lessee fails to comply with any term, provision, condition, or covenant of this Agreement or any of the rules and regulations now or hereafter established for the government of the Building within 30 days written notice from Lessor; (b) Lessee abandons the Demised Premises; (c) any petition is filed by or against Lessee under any section or chapter of the U.S. Bankruptcy Code, as amended or under any similar law or statute of the United States or any state thereof; (d) Lessee becomes insolvent or makes a transfer in fraud of creditors;
(e) Lessee makes an assignment for benefit of creditors; or (f) a receiver is appointed for Lessee or any of the assets of Lessee and is not discharged within sixty (60) days thereafter, then in any such events, Lessor shall have the option to do any one or more of the following without any notice or demand, in addition to and not in limitation of any other remedy permitted by law or by this Agreement:
(1) Terminate this Agreement, in which event Lessee shall immediately surrender the Demised Premises to the Lessor, but if Lessee shall fail to do so, Lessor may, without notice and without prejudice to any other remedy Lessor may have for possession or arrearages in rent, enter upon and take possession of the Demised Premises and expel or remove Lessee and its effects by force if necessary, without being liable to prosecution or any claim for damages thereof; and Lessee agrees to indemnify Lessor for all loss and damage which Lessor may suffer by reason of such termination, whether through inability to relet the Demised Premises on satisfactory terms, or through decrease in rent, or otherwise.
(2) Provided Lessor has terminated the Lease, declare the entire amount of the rent which would have become due and payable during the remainder of the term of this Agreement over and above the amount that Lessee proves Lessor could receive by reletting the Demised Premises to be due and payable immediately, in which event, Lessee agrees to pay the same at once, together with all rents theretofore due, to Lessor at the address specified herein or hereunder; provided, however, that such payment shall not constitute a penalty or forfeiture or liquidated damages, but shall merely constitute payment in advance of the rent for the remainder of said term. The acceptance of such payment by Lessor shall not constitute a waiver of any failure of Lessee thereafter occurring to comply with any term, provision, condition, or coven...
Default Clause. Following any of these events, Landlord may terminate this lease and enter and take possession of the premises from Tenant, all without waiving any rights, which it may have at law hereunder, without further notice or demand (all such notices and demands being hereby waived). In addition, at the option of Landlord, the balance of the rents for the remainder of this Lease as well as all other charges agreed to be paid by Tenant during such period, will become due and payable immediately by Tenant to Landlord, in addition to any and all rents and other charges already due and payable and in arrears.
a. That Tenant shall fail to pay rent due hereunder within ten (10) days of due date.
b. That Tenant shall fail to commence to cure any other violation of its covenants within fifteen (15) days after written notice thereof, or, having commenced to cure the same as aforesaid, should fail to carry the same to conclusion with due diligence.
c. Upon the adjudication of Tenant as a bankrupt or the appointment of a receiver of its property.
Default Clause. 6.1 In case of any loss caused to the other - party due to either party’s breach of contract, you shall be liable for compensation.
6.2 If part or all of the terms of the contract cannot be performed due to government actions or force majeure. The party suffering from such act shall not be liable for breach of contract. The foregoing government actions include but are not limited to those caused by national or local governments Party B cannot continue to provide services due to policy changes and other reasons.
Default Clause. 8.1 The parties agree that if any party ("Defaulting Party") was a material breach of this Agreement, or fails to perform them after being urged to do so, which shall be a breach of this Agreement. Either party that fails to perform its obligations under the Agreement or fails to perform them as contracted shall be bear the liability for the breach of contract by continuing to perform the obligations, taking remedial measures, compensating for losses. If a party has delayed the performance of the main obligations, and fails to perform them in a reasonable limit after being urged to do so. Then other parties have the right to require the defaulting party correct or remedial measures within ten days. Then (1) if Party C or Party B are the defaulting parties, Party A demanding remedy shall be entitled to claim compensation for losses and damages; (2) If Party A is the defaulting party, other parties are entitled to require the defaulting party compensate, but Party A has no right to terminate this agreement at any case.
8.2 The rights and remedies in this Agreement are cumulative and not exclusive of any rights and remedies provided by law.
8.3 If any provision of this section is held invalid, the remainder of this section shall not be affected thereby.
Default Clause. In the event that Lessee commits an act of default as defined in this lease, the Lessor will promptly notify the Department of Financial Institutions and the Division of Bank Supervision of the Federal Deposit Insurance Corporation of such default and, further, the Lessor will allow either bank supervisory authority the right to rectify said default."
Default Clause. If the Tenant shall fail to pay the rent or any other charge required to be paid by Tenant, or if Tenant shall breach any of the terms of this lease, then as to every default or breach, the Landlord may give the Tenant a thirty (30) day notice of termination. At such time, Tenant will be required to surrender possession of premises to Landlord, as set forth in 37-6-5 and any other provisions of the West Virginia Code. The Tenant agrees that in no way will the Landlord be responsible for any damages incurred by entering said premises or removing or storing Tenant’s property. The Tenant shall be responsible for any legal costs suffered by the Landlord in the enforcement of any provision of this lease.
Default Clause. A. If County shall default in the performance of any of its obligations hereunder, or if County shall be in breach of its warranties, representations or covenants made herein to PCDC, and if such default shall continue for a period of thirty (30) days after County's receipt of PCDC's written notice thereof, a default shall be deemed to have occurred hereunder.
B. If PCDC shall be in default in payment of any sums due hereunder as the same become due on the dates provided for in this Agreement, and if such default shall continue for a period of thirty (30) or, except as otherwise provided for in this Agreement, in the event that a non-monetary failure of performance arises, and such failure of performance shall not have been cured within thirty (30) days, then PCDC shall be deemed to be in default of this Agreement. In the event PCDC is in default of this Agreement, County shall have the right to recover its actual damages incurred and its court costs, and in the event the County elects to seek injunctive relief to enforce the provisions of this Agreement, the County shall be entitled to such injunctive relief, including, without limitation, the right of specific performance, and in addition to the relief sought shall be entitled to recover its court costs in prosecuting any such equitable action.
Default Clause. (1) In case default be made by Lessee at any time in the due payment of any installment of rent or in the due payment or any other sum payable by Lessee to Lessor under the provisions hereof, and such default shall continue for a period of thirty (30) days after written demand by Lessor, or (2) if default shall be made by Lessee in the due observance and performance of any other covenant, condition, or stipulation herein agreed by Lessee to be by it observed or performed, and such default shall continue for a period of thirty (30) days from date of written notice by Lessor to Lessee detailing the particular of such default and requiring it to make good any such last mentioned default, then and in any such event described
Default Clause. In the event of default in making any one repayment on the due date, the outstanding principal amount of the loan and the accrued interest shall become immediately due and payable. A statement of demand signed by an authorised officer of the Bank shall be conclusive evidence that a sum is due and owing by you.