Lessee Events of Default. Each of the following shall be an event of default under this Lease (each, a “Lessee Event of Default”):
(a) Lessee fails to make any payment of Base Rent or Variable Rent, as the case may be, when due and such failure continues for three (3) Business Days after Lessee’s receipt of written notice from Lessor of such failure; or
(b) Lessee fails to make any Additional Rent (other than a failure to pay Base Rent or Variable Rent and except for such payments as Lessee is contesting in good faith or pursuant to a Tax Challenge or a Permitted Lessee Contest) and such failure continues for seven (7) Business Days after Lessee’s receipt of written notice of such failure from Lessor; or
(c) any representation and warranty made by Lessee under this Lease is false at the time made and which, individually or in the aggregate with respect to each other such false representation or warranty, is material; or
(d) Lessee makes or permits a Lease Assignment or a Sublease in violation of Article XVII of this Lease, and fails to unwind or terminate such Lease Assignment or Sublease within sixty (60) days after Lessee’s receipt of written notice from Lessor of such breach; or
(e) Lessee fails to maintain insurance on the Leased Property in compliance with this Lease, and such failure continues for five (5) Business Days after Lessee’s receipt of written notice of such failure from Lessor; or
(f) Lessee fails to maintain the Terminal System in Good Condition and Repair and that failure continues for five (5) Business Days after Lessee’s receipt of written notice thereof from Lessor
(g) Lessee fails to observe or perform any other covenant of Lessee under this Lease and that failure continues for fifteen (15) days after Lessee’s receipt of written notice of that breach from Lessor (or if the cure of that failure reasonably requires more than fifteen (15) days to complete, if Lessee fails to commence the cure within such fifteen (15) day period and thereafter diligently pursue such cure to completion); or
(h) the filing by or against Lessee or Lessee Guarantor of a petition for relief under any Debtor Relief Laws (unless, in the case of a petition filed against Lessee or Lessee Guarantor, the same is dismissed within ninety (90) days after filing), or the appointment of a trustee or receiver to take possession of all, or substantially all, of Lessee’s or Lessee Guarantor’s assets or of Lessee’s interest in this Lease, where such appointment is not discharged in ninety (90) days ...
Lessee Events of Default. Each of the following shall be an event of default under this Lease (each, subject to the additional notice and cure provisions of Section 17.3, a “Lessee Event of Default”):
Lessee Events of Default. The occurrence of any of the following events shall constitute a “Lessee Event of Default” on the part of the Lessee under this Agreement:
A. the Lessee fails to pay any amount in respect of Rent within thirty (30) Days after the date when such amounts are due, taken into account any event of force majeure, that prevent the Lessee from fulfilling its payment obligations; or
B. the Lessee fails to perform or meet in any material respect any material term, condition, covenant, agreement or obligation on the part of the Lessee to be performed or met under this Agreement, and such failure continues for a period of sixty (60) Days after notice thereof is given by Fujairah Oil Industry Zone to the Lessee; provided that a Lessee Event of Default shall not be deemed to have occurred hereunder if such failure cannot reasonably be cured within sixty (60) Day period and the Lessee has commenced and is diligently pursuing such cure within such sixty (60) Day period to the reasonable satisfaction of Fujairah Oil Industry Zone, in which case the Lessee shall have an additional period of time (not to exceed one hundred and twenty (120) Days after receipt of written notice of such default) to cure such default (the “Extended Cure Period”) and Fujairah Oil Industry Zone shall not terminate this Agreement during such Extended Cure Period.
Lessee Events of Default. The following events shall be deemed to be events of default by the Lessee under this Agreement (each, a “Lessee Event of Default”):
i. The Lessee fails to pay any Lease Payments during the Term and such failure shall continue for a period of thirty (30) days;
ii. The Lessee fails to comply with any other material term, provision or covenants of this Agreement and does not cure such failure within sixty (60) days after written notice thereof by the Lessor to Lessee;
iii. Lessee abandons the Leased Property;
iv. Any right or interest of Lessee under this Agreement is subjected to attachment, execution or other levy or seizure under legal process, if not released within thirty (30) days;
v. An assignment by Xxxxxx for the benefit of creditors or the filing of a voluntary or involuntary petition by or against Lessee under any law for the purpose of adjudicating Lessee bankrupt, unless with respect to an involuntary petition only, such petition is discharged within thirty (30) days;
vi. Lessee dissolves; or
vii. A receiver is appointed to take possession of Xxxxxx’s property or of Xxxxxx’s interest in the Leased Property.
Lessee Events of Default. Lessee shall be in default of this Agreement (a “Lessee Event
(a) Lessee fails to pay when due any sum of money becoming due to be paid to the Town by Lessee under this Agreement and such failure shall continue for a period of thirty (30) days after written notice that such payment was not made when due;
(b) Lessee fails to perform or observe any material term or condition of this Agreement, including any violation by Lessee of Applicable Legal Requirements and/or any negligent or wrongful actions by Lessee which cause damage to the membrane or other Landfill feature which violates the NYS DEC closure plan with respect to the Landfill and such failure is not cured within thirty (30) days (or such shorter period if directed by NYS DEC) after written notice of such failure to Lessee, which period shall be extended for an additional period not to exceed thirty (30) days if such failure cannot be cured within such initial 30-day period provided Lessee has commenced such cure within such period and is diligently prosecuting the same to completion;
(c) Lessee is Bankrupt;
(d) Lessee permanently vacates or abandons the Lease Area; or
(e) Lessee's interest in this Agreement is assigned or transferred to any Person, whether by operation or law or otherwise, in violation of this Agreement.
Lessee Events of Default. The occurrence of any of the ------------------------ following acts, events or conditions, regardless of the pendency of any proceeding which has or might have the effect of preventing LESSEE from complying with the terms, conditions or covenants of this Lease, shall constitute an "Event of Default" under this Lease:
(a) LESSEE fails to make any payment of Rent or Additional Rental within ten (10) days of the date LESSEE received from LESSOR written notice of such failure to pay; or
(b) LESSEE fails or refuses to fulfill or perform any other covenant, agreement or obligation of LESSEE hereunder and such failure or refusal shall continue without correction being commenced and diligently pursued for a period of thirty (30) consecutive calendar days from and after the date upon which LESSEE receives from LESSOR written notice of such default, or if such default cannot reasonably be cured within thirty (30) days, LESSEE shall have failed to commence curing such default or shall fail to diligently pursue the curing of such default.
Lessee Events of Default. In relation to the Forward Lease:
Lessee Events of Default. Each of the events or circumstances set out in this Clause 18.1 is a Lessee Event of Default:
(a) a Total Loss occurs in respect of the Leased Asset; or
(b) the Lessee refuses to or is unable to renew the Forward Lease in accordance with the Lessee’s undertaking contained in Clause 5.1.2.
Lessee Events of Default. The following shall be "Lessee ------------------------ events of default" under this Lease, and the terms "Lessee events of default" or "Lessee default" shall mean whenever they are used in this Lease, any one or more of the following events:
Lessee Events of Default. Lessee: Any one or more of the following events shall constitute an “Event of Default” by
(a) Lessee vacates or abandons the Premises for a total period of at least eighteen (18 months), which default is not cured within thirty (30) days after written notice has been given by Lessor to Lessee;
(b) The discontinuance of the use of the Premises for the purpose for which it is leased without the written consent of Lessor, which default is not cured within thirty
