Lease Termination. This Lease shall terminate: (a) upon expiry of the Term, subject to clause 9.4 and 11; (b) if any Rent is outstanding for: (i) 20 Business Days after becoming due; and (ii) a further 20 Business Days after a demand on the Tenant is made; (c) if the Tenant is in breach of any of the provisions contained in this Lease, and, in the case of a breach which is reasonably capable of remedy, fails to remedy that breach within 20 Business Days after service of a notice by the Landlord specifying the breach; (d) if the Tenant, being a corporation, is insolvent or wound up, enters into an arrangement or composition for the benefit of its creditors or suffers any distress or execution to be levied on its goods.
Appears in 15 contracts
Samples: Built Form Delivery Contract Lease Back (With Furniture), Built Form Delivery Contract Lease Back (With Furniture), Built Form Delivery Contract Lease Back (With Furniture)
