Events of Default Remedies. If any of the following events (“Events of Default”) shall occur:
Events of Default Remedies. SECTION 6.1
Events of Default Remedies. Each of the following occurrences shall constitute an “Event of Default”: (a) Tenant’s failure to pay Fixed Rental, or any other sums due from Tenant to Landlord under this Lease (provided, however, no such Event of Default shall occur under this subparagraph (a) unless Tenant fails to pay any such sum within five (5) Business Days after receipt of a written notice of default from Landlord; provided, however, that such notice shall not be required more than two (2) times in a given calendar year); (b) Tenant’s failure to perform, comply with, or observe any other agreement or obligation of Tenant under this Lease, which failure is not cured within thirty (30) days of written notice from Landlord (provided, however, if Tenant commences such cure within such 30-day period and diligently pursues such cure, Tenant may have such additional time as may be reasonably necessary to effect such cure); (c) Tenant’s failure to perform any of the obligations of Tenant in the manner set forth in Section 10, and such failure continues for more than ten (10) days following Tenant’s receipt of Landlord’s written notice to Tenant of the same; or (d) the admission by Tenant in writing that it cannot meet its obligations as they become due or the making by Tenant of an assignment for the benefit of its creditors. Any Event of Default shall be considered a breach of this Lease by Tenant. In addition to any and all other rights or remedies Landlord may have in connection with this Lease, as provided by law or equity, Landlord shall have the following rights and remedies upon the occurrence of any Event of Default: (a) without terminating this Lease, to change the locks on the doors to the Premises and to exclude Tenant therefrom; (b) terminate this Lease and take possession of the Premises and to re-let the Premises for the Landlord’s account (no termination of this Lease shall relieve the Tenant of the obligation to pay any Fixed Rental or any other amounts due under the terms of this Lease prior to termination) and recover the Landlord’s Liquidated Damages (as defined below); and (c) Landlord may terminate Tenant’s right to possession of the Premises without terminating this Lease, reenter and take possession of the Premises and remove all persons and property therefrom with or without process of law, without being deemed guilty of any manner of trespass and without prejudice to any remedies for arrears of the Fixed Rental or other amounts due hereunder or existing breaches h...
Events of Default Remedies. 8.1 The occurrence of any of the following events or conditions shall constitute and is hereby defined to be an "Event of Default":
Events of Default Remedies. (a) Each of the following events shall constitute an “Event of Default” under this Agreement:
Events of Default Remedies. Each of the following events shall be an Event of Default hereunder:
Events of Default Remedies. (a) The following shall constitute Events of Default:
Events of Default Remedies. If any of the following events shall occur and be continuing:
Events of Default Remedies. If any of the following events (each, an “Event of Default”) shall have occurred and be continuing for any reason whatsoever (whether voluntary or involuntary, arising or effected by operation of law or otherwise):
Events of Default Remedies. Should any of the following events occur (any such event being referred to as an "Event of Default"): (i) Default by Borrower in the payment of any obligation of Borrower under this Agreement or any of the other Loan Documents; (ii) default by Borrower of any agreement, promise or covenant of Borrower under Section 12.a(iii) or (vi) or 12.b; (iii) default by Borrower in the due performance or observance of any of the agreements, promises or covenants of Borrower under any of the Loan Documents, other than any such agreements, promises or covenants described in clause (i) or (ii) above, which default shall continue unremedied for ten or more days; (iv) any default or event of default by Borrower under any Ancillary Document; (v) any material representation or warranty of Borrower set forth in any of the Loan Documents, or in any certificate, instrument or statement delivered to Bank pursuant to any Loan Documents, shall be untrue or incorrect in any material respect when made; (vi) Borrower shall default in the payment when due (whether at stated maturity, by acceleration or otherwise) of $100,000 or more of any Indebtedness for Borrowed Money; (vii) Borrower shall default in the observance or performance of any term, covenant or agreement contained in any instrument governing or evidencing any Indebtedness for Borrowed Money, and such default shall permit the holders of such Indebtedness for Borrower Money to declare immediately due and payable or otherwise accelerate Indebtedness for Borrowed Money in an aggregate amount exceeding $100,000; (viii) any Change of Control shall occur; (ix) Borrower shall become insolvent or make an assignment for the benefit of creditors; (x) Borrower shall apply for or consent to or shall permit or suffer to exist the voluntary or involuntary appointment of a trustee, receiver, custodian, or liquidator of all or any material part of its or his property; (xi) Borrower shall have commenced against it, or shall voluntarily commence, any bankruptcy, reorganization or other similar proceeding under bankruptcy or insolvency laws or any dissolution, winding up or liquidation proceeding, which, in the case of any such involuntary proceeding, shall have been consented to by Borrower, as applicable, shall have resulted in entry of an order for relief against Borrower, as applicable, or shall have remained undismissed, undischarged or unbonded for a period of more than 60 days; or (xii) any other event or circumstance shall occur or a...
