Default Generally. Tenant shall be in default of this Lease upon the occurrence of any of the following:
Default Generally. A party shall be in default under this Agreement upon the occurrence of any one or more of the following events or conditions:
Default Generally. Default by Seller in any obligation owed by Seller to Buyer. Buyer's decision on termination shall be final. Seller has (30) days from postmarked date of written notice to rectify defaults. Buyer will be reasonably in making the final decision.
Default Generally. Tenant shall be deemed in default under the terms of this Lease if any of the following events occur:
Default Generally. Material default by Seller in any material obligation hereunder owed by Seller to Buyer. Notwithstanding the above, Buyer may terminate pursuant to Subsections (a), (b), (c) or (d) above only if Seller has failed to cure such default within sixty (60) days after written notice thereof has been received by Seller.
Default Generally. Failure by either VDOT or the Participant to fulfill their respective responsibilities set forth herein shall give rise to an event of default under the terms of this Agreement. Following upon appropriate notice of default, and failure to cure within the agreed upon period, the Agreement may be terminated in accordance with Section 12.2 or Section 12.3.
Default Generally. Tenant shall be in default of this Lease upon the occurrence of any of the following: Violates the Rules and Regulations, Tenant Responsibilities, set forth herein or otherwise fails to abide by the terms and conditions of this Lease. Prior to terminating the Lease for either of the above reasons Landlord shall give Tenant notice of the default and a three (3) day opportunity to cure the same except in situations where the default is incapable of being cured within that time frame or the nature of Tenant’s default, if not cured, poses a risk of damage or injury to Landlord, Landlord’s property, other persons or the property of others immediately as determined in the sole discretion of Landlord. Tenant fails to cure any violation of Rules and Regulations or Tenant Responsibilities set forth herein, or otherwise fails to abide by and perform any of the obligations, terms, conditions or provisions of this Lease within three (3) days after Landlord delivers notice of the same to Tenant. Tenant violates the Rules and Regulations or Tenant Responsibilities set forth herein three (3) times during the term of the Lease regardless of whether such violations are cured. Tenant files a petition in bankruptcy (in which case this Lease shall automatically terminate and Tenant shall immediately vacate the Premises leaving it in the same condition it was in on the date of possession, normal wear and tear excepted). Tenant fails to timely pay rent or other amounts owed to Landlord. Tenant fails to reimburse Landlord for any damages, repairs and costs to the Premises or Property (other than normal wear and tear) caused by the actions or neglect of Tenant or members of Tenant’s household and their invitees, licensees and guests. All rights and remedies available to Landlord by Law or in this Lease shall be cumulative and concurrent.
Default Generally. A Party shall be deemed in default if such Party fails to perform any material obligation imposed upon it under this Agreement, except where such failure is excused under other provisions of this Agreement. In the event that a Party is in default under this Agreement, the non-defaulting Party may, except as otherwise provided for in this Agreement, notify the defaulting Party in writing of such breach and may terminate this Agreement and/or take whatever action at law or in equity is deemed necessary to collect payment or to enforce performance if the defaulting Party does not remedy the breach within fifteen (15) days of receipt of such notice, or does not indemnify the non-defaulting Party in a manner reasonably satisfactory to the non-defaulting Party.
Default Generally. 32 20.02 Landlord's Remedies................................................................33 20.03 Damages............................................................................34 20.04
Default Generally. In the event that prior to the Closing Date, any party hereto fails in the due performance or observance of its obligations under this Agreement, or any of its representations or warranties set out herein is breached or determined to be materially inaccurate as of the date of this Agreement or as of the Closing Date, then so long as such state of facts continues, such party (a "Defaulting Party") shall be deemed to be in default ("Default"). In such event, the other party ("Non-Defaulting Party") may deliver a written notice identifying the claimed failure, breach or inaccuracy. If said failure or breach is not or cannot be cured within fifteen (15) business days after the delivery of written notice, or said inaccurate representation or warranty is not or cannot be made true within fifteen (15) business days after the delivery of written notice, a "Completed Default" may be declared by the Non-Defaulting Party.
