Default or Breach. Each of the following events shall constitute a default or breach of this Lease by Lessee: A. If Lessee, or any successor or assignee of Lessee while in possession, shall file a voluntary petition in bankruptcy or insolvency or for reorganization under any bankruptcy act, or shall voluntarily take advantage of any such act by answer or otherwise, or shall make an assignment for the benefit of creditors. B. If involuntary proceedings under any bankruptcy law or insolvency act shall be instituted against Lessee, or if a receiver or trustee shall be appointed of all or substantially all of the property of Lessee, and such proceedings shall not be dismissed or the receivership vacated within thirty (30) days after the institution or appointment. C. If five (5) days shall have elapsed after the Lessor has given the Lessee written notice that the Lessee has failed to pay any rent or additional rent when due under this Lease. D. If Lessee fails to perform or comply with any of the conditions of this Lease and if the nonperformance shall continue for a period of ten (10) days after written notice thereof by Lessor to Lessee or if the performance cannot be reasonably completed within the ten (10) day period, Lessee shall not in good faith have commenced performance within the ten (10) day period and shall not diligently proceed to completion of performance. E. If Lessee shall vacate or abandon the demised premises. F. If this Lease shall be transferred to or shall pass to or devolve on any other person or property, except in the manner herein permitted.
Appears in 4 contracts
Samples: Lease Agreement (Dyax Corp), Lease Agreement (Dyax Corp), Lease Agreement (Dyax Corp)
Default or Breach. Each of the following events shall constitute a default or breach of this Lease Agreement by Lessee:
A. If Lessee, or any successor or assignee of Lessee while in possession, shall file a voluntary petition in bankruptcy or insolvency or for reorganization under any the bankruptcy act, or shall voluntarily take advantage of any such act by answer or otherwise, or shall make an assignment for the benefit of creditors.
B. If involuntary proceedings under any bankruptcy law or insolvency act shall be instituted against Lessee, or if a receiver or trustee shall be appointed of all or substantially all of the property of Lessee, and such proceedings shall not be dismissed or the receivership or trusteeship vacated within thirty (30) days after the institution or appointment.
C. If five (5) days Lessee shall have elapsed after the Lessor has given the Lessee written notice that the Lessee has failed fail to pay Lessor any rent or additional rent when the rent shall become due under this Leaseand shall not make the payment within thirty (30) days after notice thereof by Lessor to Lessee.
D. If Lessee fails shall fail to perform or comply with any of the conditions of this Lease Agreement and if the nonperformance shall continue for a period of ten thirty (1030) days after written notice thereof of nonperformance given by Lessor Lessors to Lessee or or, if the performance cannot be reasonably completed had within the ten (10) thirty-day period, Lessee shall not in good faith have commenced performance within the ten (10) thirty-day period and shall not diligently proceed to completion of performance.
E. If Lessee shall vacate or abandon the demised premisespremises for more than five (5) business days without the prior written consent of Lessors.
F. If this Lease Agreement or the estate of Lessee under this Lease Agreement shall be transferred to or shall pass to or devolve on any other person or propertyparty, except in the manner herein permittedpermitted in this Lease Agreement.
G. If Lessee fails to take possession of the demised premises on the term commencement date, or within thirty (30) days after notice that the demised premises are available for occupancy, if the term commencement date is not fixed in this Lease Agreement or shall be deferred as provided in this Lease Agreement.
Appears in 2 contracts
Samples: Lease Agreement (TRX Inc/Ga), Lease Agreement (TRX Inc/Ga)
Default or Breach. Each of the following events shall constitute a default or breach of this Lease lease by Lessee:
A. a. If Lessee, or Lessee shall not pay to Lessor any successor or assignee of Rent within ten (10) days after the date due.
b. If Lessee while in possession, shall not pay to Lessor any Additional Rent within the ten (10) days after written notice from Lessor.
c. If Lessee shall file a voluntary petition in bankruptcy or insolvency or for reorganization under any bankruptcy act, or shall voluntarily take advantage of any such act by answer or otherwise, or shall make an assignment for the benefit of creditors.
B. d. If involuntary proceedings under any bankruptcy law or insolvency act shall be instituted against Lessee, or if a receiver or trustee shall be appointed of all or substantially all of the property of Lessee, and such proceedings shall not be dismissed or the receivership or trusteeship vacated within thirty fifteen (3015) days after the institution or appointment.
C. If five (5) days shall have elapsed after the Lessor has given the Lessee written notice that the Lessee has failed to pay any rent or additional rent when due under this Lease.
D. e. If Lessee fails shall fail to perform or comply with any of the terms, conditions or covenants of this Lease (other than non payment of Rent or Additional Rent) and if the nonperformance shall continue for a period of ten thirty (1030) days after written notice thereof by Lessor to Lessee or Lessee, or, if the performance cannot be reasonably completed had within the ten thirty (1030) day period, Lessee shall not in good faith have commenced performance within the ten thirty (1030) day period and shall not diligently proceed to completion of performance.
E. If Lessee shall vacate or abandon the demised premises.
F. If this Lease shall be transferred to or shall pass to or devolve on any other person or property, except in the manner herein permitted.
Appears in 1 contract
Samples: Lease Agreement (BSD Medical Corp)
Default or Breach. Each of the following events shall constitute a default or breach of this Lease lease by Lessee:
A. 1. If Lessee, or any successor or assignee of Lessee Lessee, while in possession, shall file a voluntary petition in bankruptcy or insolvency or for reorganization under any bankruptcy act, or shall voluntarily take advantage of any such act by answer or otherwise, or shall make an assignment for the benefit of creditors.
B. 2. If involuntary proceedings under any bankruptcy law or insolvency act shall be instituted against Lessee, or if a receiver or trustee shall be appointed of all or substantially all of the property of Lessee, and such proceedings shall not be dismissed or the receivership or trusteeship vacated within thirty (30) days after the institution or appointment.
C. 3. If five (5) days Lessee shall have elapsed after the Lessor has given the Lessee written notice that the Lessee has failed fail to pay Lessor any rent or additional rent when the rent shall become due under this Leaseand shall not make the payment within thirty (30) days after notice thereof by Lessor to Lessee.
D. 4. If Lessee fails shall fail to perform or comply with any of the conditions of this Lease lease and if the nonperformance shall continue for a period of ten thirty (1030) days after written notice thereof by Lessor to Lessee or or, if the performance cannot be reasonably completed had within the ten (10) 30-day period, Lessee shall not in good faith have commenced performance within the ten (10) 30-day period and shall not diligently proceed to completion of performance.
E. 5. If Lessee shall vacate or abandon the demised premises.
F. 6. If this Lease lease or the estate of Lessee hereunder shall be transferred to or shall pass to or devolve on any other person or propertyparty, except in the manner herein permitted.
Appears in 1 contract
Default or Breach. Each of the following events shall constitute a default or breach of this Lease lease agreement by Lessee:
A. (1) If Lessee, or any successor or assignee of Lessee while in possession, shall file a voluntary petition in bankruptcy or insolvency or of for reorganization under any bankruptcy act, or shall voluntarily take advantage of any such act by answer or otherwise, or shall make an assignment for the benefit of creditors.
B. (2) If involuntary proceedings under any bankruptcy law or insolvency act shall be instituted against Lessee, or if a receiver or trustee shall be appointed appointment of all or substantially all of the property of Lessee, and such proceedings shall not be dismissed or the receivership or trusteeship vacated within thirty sixty (3060) days after the institution or appointment.
C. (3) If five (5) days Lessee shall have elapsed after the Lessor has given the Lessee written notice that the Lessee has failed fail to pay Lessor any rent or additional rent when the rent shall become due under this Leaseand shall not make the payment within fifteen (15) days after notice by Lessor to Lessee.
D. (4) If Lessee fails shall fail to perform or comply with any of the conditions of this Lease lease agreement and if the nonperformance shall continue for a period of ten fifteen (1015) days after written notice thereof of nonperformance given by Lessor to Lessee or or, if the performance cannot be reasonably completed had within the ten fifteen (1015) day period, Lessee shall not in good faith have commenced performance within the ten fifteen (1015) day period and shall not diligently proceed to completion of performance.
E. (5) If Lessee shall vacate or abandon the demised premises.
F. (6) If this Lease lease agreement or the estate of Lessee under this lease agreement shall be transferred to or shall pass to or devolve on any other person or propertyparty, except in the manner herein permittedpermitted in this lease.
Appears in 1 contract
Default or Breach. Each of the following events shall constitute a default or breach of this Lease lease by Lessee:
A. If Lessee, or any successor or assignee of Lessee while in possession, shall file a voluntary petition in bankruptcy or insolvency or for reorganization under any bankruptcy act, or shall voluntarily take advantage of any such act by answer or otherwise, or shall make an assignment for the benefit of creditors.
B. If . Similarly, if involuntary proceedings under any bankruptcy law or insolvency act shall be instituted against Lessee, Lessee or if a receiver received or trustee shall be appointed of for all or substantially all of the property of Lessee, and such proceedings shall not be dismissed or if the receivership or trusteeship vacated within thirty (30) days after the institution of this agreement or appointment.
C. B. If five (5) business days shall have elapsed after the Lessor Lessee has given the Lessee received written notice from Lessor that the Lessee has failed to pay any rent or additional rent portion thereof when due under this Leaselease.
D. C. If Lessee fails to perform conform or comply with any of the conditions of this Lease lease and if the nonperformance a non-performance shall continue for a period of ten fifteen (1015) business days after written notice thereof from Lessor is received by Lessor to Lessee or if the Lessee. If performance cannot be reasonably completed within the ten fifteen (1015) business day period, Lessee shall not in have failed to make a good faith have commenced commencement of performance within the ten fifteen (1015) business day period and shall not have failed to diligently proceed to completion of performance.
E. If Lessee shall vacate or abandon the demised premises.
F. D. If this Lease lease shall be transferred to or shall be transferred to or shall pass to or devolve on default to any other person or property, except in the manner herein permitted.
Appears in 1 contract
Default or Breach. Time is of the essence of this Lease. Each of the following events shall constitute a default or breach of this Lease by LesseeLESSEE:
A. a. If LesseeLESSEE, or any successor or assignee of Lessee while in possession, shall file a voluntary petition in bankruptcy or insolvency or for reorganization under any bankruptcy act, or shall voluntarily take advantage of any such act by answer or otherwise, or shall make an assignment for the benefit of creditors.
B. If b. If, while in possession, involuntary proceedings under any bankruptcy law or insolvency act shall be instituted against LesseeLESSEE, or if a receiver or trustee shall be appointed of all or substantially all of the property of LesseeLESSEE, and such proceedings shall not be dismissed or the receivership or trusteeship vacated within thirty (30) days after the institution or appointment.
C. c. If five (5) days LESSEE shall have elapsed after the Lessor has given the Lessee written notice that the Lessee has failed fail to pay LESSOR any rent or additional rent expenses when the same shall become due under this Leaseand shall not make payment within ten (10) days after notice and demand by LESSOR to LESSEE.
D. d. If Lessee fails LESSEE shall fail to perform or comply with any of the conditions of this Lease and if the nonperformance shall continue for a period of ten thirty (1030) days after written notice thereof and demand by Lessor LESSOR to Lessee or LESSEE, or, if the performance cannot be reasonably completed had within the ten thirty (1030) day period, Lessee LESSEE shall not in good faith have commenced LEASE AGREEMENT - 5 performance within the ten such thirty (1030) day period and shall not diligently proceed to completion of performance.
E. e. If Lessee LESSEE shall vacate or abandon the demised leased premises or shall cease to conduct business on the leased premises.
F. f. If this Lease shall be transferred by LESSEE to or shall pass to or devolve on any other person or propertyparty, except in the manner herein permittedpermitted for assignment.
Appears in 1 contract
Samples: Lease Agreement (Jungle Street Inc)
Default or Breach. Each of the following events shall constitute a default or a breach of this Lease by Lessee:Tenant (“Default”):
A. a. If LesseeTenant fails to pay Landlord when due hereunder any Base Rent, Percentage Rent, Operating Expense Rent or any
b. If Tenant fails to pay Landlord any successor other amount due Landlord within ten (10) days after Xxxxxx’s receipt of an invoice therefor;
c. If Tenant vacates or assignee of Lessee while in possession, shall file abandons the Leased Premises;
d. If Tenant files a voluntary petition in bankruptcy or insolvency or for reorganization under any bankruptcy act, or shall voluntarily take takes advantage of any such act by answer or otherwise, or shall make makes an assignment for the benefit of creditors.creditors or becomes insolvent or unable to meet its obligations as they become due;
B. e. If involuntary proceedings under any bankruptcy law or insolvency act shall be instituted against Lessee, Tenant or if a receiver or trustee shall be appointed of for all or substantially all of the property of Lessee, Tenant and such proceedings shall not be dismissed or the receivership or trusteeship vacated within thirty (30) days after the institution or appointmentnotice thereof from Landlord to Tenant.
C. f. If five (5) days shall have elapsed after the Lessor has given the Lessee written notice that the Lessee has failed to pay any rent or additional rent when due under this Lease.
D. If Lessee Tenant fails to perform or comply with any of the conditions other term or condition of this Lease and if the such nonperformance shall continue for a period of ten three (103) days after written notice thereof by Lessor from Landlord to Lessee or if the performance cannot be reasonably completed within the ten (10) day period, Lessee shall not in good faith have commenced performance within the ten (10) day period and shall not diligently proceed to completion of performanceTenant.
E. If Lessee shall vacate or abandon the demised premises.
F. If this Lease shall be transferred to or shall pass to or devolve on any other person or property, except in the manner herein permitted.
Appears in 1 contract
Samples: Standard Shopping Center Lease
Default or Breach. Each of the following events shall constitute a default or breach of this Lease by Lessee:
A. a. If Lessee, or any successor or assignee of Lessee Lessee, while in possessionpossession of the Leased Premises, shall file a voluntary petition Petition in bankruptcy Bankruptcy or insolvency or for reorganization under any bankruptcy actBankruptcy Act, or shall voluntarily take advantage of any such act by answer or otherwise, or shall make an assignment for the benefit of creditors.
B. b. If involuntary proceedings under any bankruptcy law or insolvency act shall be instituted against Lessee, or if a receiver or trustee shall be appointed of all or substantially all of the property of Lessee, and such proceedings shall not be dismissed or the receivership or trusteeship vacated within thirty (30) ten days after the institution or appointment.
C. c. If five (5) days Lessee shall have elapsed after the Lessor has given the Lessee written notice that the Lessee has failed fail to pay Owner any rent or additional rent when due under this Leaseor shall fail to pay Owner any additional rent within thirty (30) days after notice by Owner to Lessee of such additional rent.
D. d. If Lessee fails shall fail to perform or comply with any of the conditions of this Lease and if the nonperformance shall continue for a period of ten thirty (1030) days days, hereinafter referred to as the "notice period", after written notice thereof by Lessor Owner to Lessee or or, if the performance cannot be reasonably completed had within the ten (10) day notice period, or if the Lessee shall not in good faith have commenced performance within the ten (10) day within-the-notice period and shall not diligently proceed to completion of performance.
E. e. If Lessee shall vacate or abandon the demised premisesLeased Premises.
F. f. If this Lease Lessee fails to take possession of the Leased Premises on the term commencement date, or within thirty (30) days after notice that the Leased Premises are available for occupancy if the term commencement date is not fixed herein or shall be transferred to or shall pass to or devolve on any other person or property, except in the manner deferred as herein permittedprovided.
Appears in 1 contract
Default or Breach. Each of the following events shall constitute a default or breach of this Lease by LesseeTenant:
A. (a) If Lessee, or any successor or assignee of Lessee while in possession, Tenant shall file a voluntary petition in bankruptcy or insolvency or for reorganization under any bankruptcy act, or shall voluntarily take advantage of any such act by answer or otherwise, or shall make an assignment for the benefit of creditors.
B. (b) If involuntary proceedings under any bankruptcy law or insolvency act shall be instituted against LesseeTenant, or if a receiver or trustee shall be appointed of for all or substantially all of the property of LesseeTenant, and such proceedings shall not be dismissed or the receivership or trusteeship vacated within thirty twenty (3020) days after the institution or appointment.
C. (c) If five (5) days Tenant shall have elapsed after the Lessor has given the Lessee written notice that the Lessee has failed fail to pay Landlord any rent or additional rent when the rent shall become due under this Leaseand shall not make the payment within five (5) days after the date said rent shall be due.
D. (d) If Lessee fails Tenant shall fail to perform or comply with any of the conditions of this Lease other than the nonpayment of rent and if the nonperformance shall continue for a period of ten twenty (1020) days after written notice thereof by Lessor Landlord to Lessee or Tenant, or, if the performance cannot be reasonably completed had within the ten twenty (1020) day period, Lessee Tenant shall not in good faith have commenced performance within the ten twenty (1020) day period and shall not diligently proceed to completion of performance.
E. (e) If Lessee Tenant shall vacate or abandon the demised premises.
F. (f) If this Lease or the estate of Tenant hereunder shall be transferred to or shall pass to or devolve on any other person or propertyparty, except in the manner herein permitted.
(g) If Tenant fails to take possession of the demised premises on the term commencement date.
Appears in 1 contract
Default or Breach. Each of the following events shall constitute a default or a breach of this Lease by LesseeTenant, if Tenant is in default of lease Landlord must give Tenant ten (10) days written notice of such default:
A. (a) If Lessee, Tenant fails to pay Landlord any rent or any successor other payments when due hereunder;
(b) If Tenant vacates or assignee of Lessee while in possession, shall file abandons the Premises;
(c) If Tenant files a voluntary petition in bankruptcy or insolvency or for reorganization under any bankruptcy act, or shall voluntarily take takes advantage of any such act by answer or otherwise, or shall make makes an assignment for the benefit of creditors.;
B. (d) If involuntary proceedings under any bankruptcy law or insolvency act shall be instituted against LesseeTenant, or if a receiver or trustee shall be appointed of all or substantially all of the property of LesseeTenant, and such proceedings shall not be dismissed or the receivership or trusteeship vacated within thirty (30) days after the institution or appointment.; or
C. (e) If five (5) days shall have elapsed after the Lessor has given the Lessee written notice that the Lessee has failed to pay any rent or additional rent when due under this Lease.
D. If Lessee fails Tenant falls to perform or comply with any other term or condition of this Lease, or any of the conditions of this Lease rules and regulations established by Landlord, and if the such nonperformance shall continue for a period of ten (10) days after written notice thereof by Lessor Landlord to Lessee or if Tenant, time being of the performance cannot be reasonably completed within the ten (10) day period, Lessee shall not in good faith have commenced performance within the ten (10) day period and shall not diligently proceed to completion of performanceessence.
E. If Lessee shall vacate or abandon the demised premises.
F. If this Lease shall be transferred to or shall pass to or devolve on any other person or property, except in the manner herein permitted.
Appears in 1 contract
Default or Breach. Each of the following events shall constitute a default or breach of this Lease lease by Lessee:
A. If Lessee, or any successor or assignee of Lessee while in possession, shall file a voluntary petition in bankruptcy or insolvency or for reorganization under any bankruptcy act, or shall voluntarily take advantage of any such act by answer or otherwise, or shall make an assignment for the benefit of creditors.
B. If . Similarly, if involuntary proceedings under any bankruptcy law or insolvency act shall be instituted against Lessee, Lessee or if a receiver received or trustee shall be appointed of for all or substantially all of the property of Lessee, and such proceedings shall not be dismissed or if the receivership or trusteeship vacated within thirty (30) days after the institution of this agreement or appointment.
C. B. If five (5) business days shall have elapsed after the Lessor has given the Lessee written notice that the Lessee has failed to pay any rent or additional rent portion thereof when due under this Leaselease.
D. C. If Lessee fails to perform conform or comply with any of the conditions of this Lease lease and if the nonperformance a non-performance shall continue for a period of ten five (105) business days after written notice thereof by Lessor to Lessee or Lessee, if the performance cannot be reasonably completed within the ten five (105) business day period, Lessee shall not in have failed to make a good faith have commenced commencement of performance within the ten five (105) business day period and shall not have failed to diligently proceed to completion of performance.
E. D. If Lessee shall vacate or abandon the demised premises.
F. E. If this Lease lease shall be transferred to or shall be transferred to or shall pass to or devolve on default to any other person or property, except in the manner herein permitted.
Appears in 1 contract
Default or Breach. Each of the following events shall constitute a default or breach of this Lease by Lessee:
A. 1. If Lessee, or any successor or assignee of Lessee Lessee, while in possessionpossession of the Leased Premises, shall file a voluntary petition Petition in bankruptcy Bankruptcy or insolvency or for reorganization under any bankruptcy actBankruptcy Act, or shall voluntarily take advantage of any such act by answer or otherwise, or shall make an assignment for the benefit of creditors.
B. 2. If involuntary proceedings under any bankruptcy law or insolvency act shall be instituted against Lessee, or if a receiver or trustee shall be appointed of all or substantially all of the property of Lessee, and such proceedings shall not be dismissed or the receivership or trusteeship vacated within thirty (30) ten days after the institution or appointment.
C. 3. If five (5) days Lessee shall have elapsed after the Lessor has given the Lessee written notice that the Lessee has failed fail to pay Owner any rent or additional rent when due under this Leaseor shall fail to pay Owner any additional rent within thirty (30) days after notice by Owner to Lessee of such additional rent.
D. 4. If Lessee fails shall fail to perform or comply with any of the conditions of this Lease and if the nonperformance shall continue for a period of ten thirty (1030) days days, hereinafter referred to as the "notice period", after written notice thereof by Lessor Owner to Lessee or or, if the performance cannot be reasonably completed had within the ten (10) day notice period, or if the Lessee shall not in good faith have commenced performance within the ten (10) day within-the-notice period and shall not diligently proceed to completion of performance.
E. 5. If Lessee shall vacate or abandon the demised premisesLeased Premises.
F. 6. If this Lease Lessee fails to take possession of the Leased Premises on the term commencement date, or within thirty (30) days after notice that the Leased Premises are available for occupancy if the term commencement date is not fixed herein or shall be transferred to or shall pass to or devolve on any other person or property, except in the manner deferred as herein permittedprovided.
Appears in 1 contract
Default or Breach. Each of the following events shall constitute a default or a breach of this Lease by Lessee:Tenant (“Default”):
A. a. If LesseeTenant fails to pay Landlord when due hereunder any Base Rent, Operating Expense Rent or any successor additional rent payment regularly due on the first day of each month with Tenant’s Base Rent payment;
b. If Tenant fails to pay Landlord any other amount due Landlord within ten (10) days after Xxxxxx’s receipt of an invoice therefor;
c. If Tenant vacates or assignee of Lessee while in possession, shall file abandons the Leased Premises;
d. If Tenant files a voluntary petition in bankruptcy or insolvency or for reorganization under any bankruptcy act, or shall voluntarily take takes advantage of any such act by answer or otherwise, or shall make makes an assignment for the benefit of creditors.creditors or becomes insolvent or unable to meet its obligations as they become due;
B. e. If involuntary proceedings under any bankruptcy law or insolvency act shall be instituted against Lessee, Tenant or if a receiver or trustee shall be appointed of for all or substantially all of the property of Lessee, Tenant and such proceedings shall not be dismissed or the receivership or trusteeship vacated within thirty (30) days after the institution or appointmentnotice thereof from Landlord to Tenant.
C. f. If five (5) days shall have elapsed after the Lessor has given the Lessee written notice that the Lessee has failed to pay any rent or additional rent when due under this Lease.
D. If Lessee Tenant fails to perform or comply with any of the conditions other term or condition of this Lease and if the such nonperformance shall continue for a period of ten three (103) days after written notice thereof by Lessor from Landlord to Lessee or if the performance cannot be reasonably completed within the ten (10) day period, Lessee shall not in good faith have commenced performance within the ten (10) day period and shall not diligently proceed to completion of performanceTenant.
E. If Lessee shall vacate or abandon the demised premises.
F. If this Lease shall be transferred to or shall pass to or devolve on any other person or property, except in the manner herein permitted.
Appears in 1 contract
Samples: Standard Shopping Center Lease