Sublessee Default Clause Samples
The 'Sublessee Default' clause defines the circumstances under which a sublessee is considered to be in default under a sublease agreement. Typically, this includes failures such as not paying rent on time, violating terms of the sublease, or causing damage to the property. For example, if the sublessee repeatedly misses rent payments or uses the premises for unauthorized purposes, these actions would trigger a default. The core function of this clause is to clearly outline what constitutes a breach by the sublessee, thereby providing the sublessor with grounds to enforce remedies such as eviction or termination of the sublease, and ensuring both parties understand their obligations and the consequences of non-compliance.
POPULAR SAMPLE Copied 2 times
Sublessee Default. Sublessee shall be in material default of its obligations under this Sublease if Sublessee commits any act or omission which constitutes an event of default under the Master Lease, as and to the extent incorporated herein, which has not been cured after delivery of written notice and passage of the applicable grace period provided in the Master Lease as and to the extent incorporated herein. In the event of any default by Sublessee, Sublessor shall have all remedies provided pursuant to Sections 19.2-19.4 of the Master Lease and by Applicable Law, except to the extent limited pursuant to this Sublease.
Sublessee Default. In the event that Sublessee (a) fails to pay Rent within ten (10) days after Sublessor has delivered notice to Sublessee that the same is due; however, an event of default shall occur hereunder without any obligation of Sublessor to give any notice if Sublessor has given Sublessee written notice under this Section 11(a) on two (2) occasions during the twelve (12) month interval preceding such failure by Sublessee, (b) fails to cure a default of a non-monetary obligation within ten (10) days after written notice has been received by Sublessee; or (c) shall be adjudged bankrupt or insolvent or shall make an assignment for the benefit of creditors, or if a receiver or trustee of Sublessee’s property shall be appointed and not discharged within sixty (60) days, such occurrence shall be an event of default and Sublessor shall have any and all rights and remedies set forth in Paragraph 12 hereof, in addition to all rights and remedies available to it at law and equity, including the rights of Landlord described in the Lease.
Sublessee Default. If a sublessee authorized under Section 18 of Attachment “A” to this Permit fails to open its Concession Unit or goes out of business, Permittee shall be obligated to promptly install temporary storefront barriers, curtains, display boxes or signage as directed by the Port, and if Permittee fails to promptly do so, the Port shall have the right, in addition to its other rights and remedies under this Permit, to do so at Permittee’s expense.
Sublessee Default. The term “Sublessee Default” shall mean the occurrence of any of the following events: (A) Sublessee fails to pay any installment of Rent when due and such failure continues for five (5) business days after the date that Sublessor gives notice of such failure to Sublessee;
Sublessee Default. Any failure by Sublessee to pay any installment of Rent or Additional Rent, or to make any other payment required to be made by Sublessee hereunder when due, or to perform or comply with any other material provision of this Sublease to be performed or complied with by Sublessee, where such failure continues for twenty (20) days after delivery of written notice of such failure by Sublessor to Sublessee shall constitute a default by Sublessee under this Sublease (a "Sublessee Default") provided, however, that if the nature of any non monetary failure is such that the same cannot reasonably be cured within such twenty (20) day period, the same shall not constitute a Sublessee Default if Sublessee shall, within twenty (20) days of such notice commence such cure, and thereafter diligently prosecute such cure to completion.
Sublessee Default. In addition to Sublessor's rights and remedies under Section 9.01 of the Lobby Lease against Sublessee in the event Sublessee defaults (such terms of the Lobby Lease having been incorporated herein by reference under Section 16(a) above as between Sublessor and Sublessee (as if they were Lessor and Lessee, respectively, under the Lobby Lease)) including, without limitation, Sublessor's rights in the event of Sublessee's default to terminate this Sublease and/or Sublessee's right to possession, Sublessor shall have self-help rights pursuant to this Section 18. If Sublessee at any time fails to make any payment or perform any other act on its part to be made or performed under this Sublease beyond any applicable notice and cure periods contained in such Section 9.01 of the Lobby Lease, Sublessor may, but shall not be obligated to, after reasonable notice or demand and without waiving or releasing Sublessee from any obligation under this Sublease, make such payment or perform such other act to the extent Sublessor may deem desirable in order to cure such default. All reasonable and necessary costs, charges, and expenses (including reasonable attorneys' fees) incurred by Sublessor in curing such default under this Sublease shall be payable by Sublessee to Sublessor within thirty (30) days of demand as additional rent.
Sublessee Default. In the event that Sublessee shall be in default of any covenant of, or shall fail to honor or perform any obligation under, this Sublease after the lapse of any applicable notice and grace periods, Sublessor shall have available to it all of the remedies available under this Sublease, at law and/or in equity, as well as all rights and remedies available to Overlandlord under the Overlease in the event of a like default or failure on the part ▇▇ ▇▇▇ "Tenant." In addition, Sublessor shall be entitled to receive and/or to exercise any and all rights and remedies available to Overlandlord under Paragraph 13 of the Overlease (i.e., concerning Bankruptcy), in connection with a li▇▇ ▇▇ ▇▇▇ilar situation involving Sublessee.
Sublessee Default. The occurrence of any one or more of the following events shall constitute a default under this Sublease by Sublessee:
a. The failure by Sublessee to make any payment of Rent, or any other payment required to be made by Sublessee hereunder on the date due where such failure shall continue for a period of five (5) days after the same shall become due and payable.
b. The failure by Sublessee to observe or perform any of the covenants, conditions or provisions of this Sublease other than as described in the immediately preceding paragraph and/or the failure by Sublessee to observe or perform any of the covenants, conditions or provisions of the Lease to which Sublessee has agreed to be bound pursuant to the terms of this Sublease, where such failure shall continue for a period of fifteen (15) days after written notice thereof from Sublessor to Sublessee.
c. The making by Sublessee of any general arrangement or assignment for the benefit of creditors; Sublessee becomes a “debtor” as defined in 11 U.S.C. 101 or any successor statute thereto (unless, in the case of a petition filed against Sublessee, the same be dismissed within sixty (60) days); the appointment of a trustee or receiver to take possession of all or substantially all of Sublessee’s assets or of Sublessee’s interest in this Sublease, where possession is not restored to Sublessee within thirty (30) days; or the attachment, execution or other judicial seizure of all or substantially all of Sublessee’s assets or of Sublessee’s interest in this Sublease, where such seizure is not discharged within thirty (30) days.
Sublessee Default. The occurrence of any of the following events (each, an “Event of Default”) shall constitute a material default and breach of this Sublease by Sublessee: (a) a default beyond any applicable notice and cure periods under the Lease or this Sublease due to Sublessee’s acts or omissions (with the parties agreeing that Sublessee’s obligations under this Sublease shall have the same notice and cure periods set forth in the Lease); (b) the breach of any of the provisions of Section 13.1 of the Lease. Upon any Event of Default, Sublessor shall have all of the remedies available to Landlord under the Lease. All rights and remedies of Sublessor herein enumerated or incorporated by reference above shall be cumulative, and none shall exclude any other right or remedy allowed by law or in equity, and may be exercised with or without legal process as then may be provided or permitted by the laws of the State of California.
Sublessee Default. The occurrence of any one or more of the following events shall constitute a default under this Sublease by Sublessee:
a. The vacation or abandonment of the Subleased Premises by Sublessee without the payment of Minimum Monthly Rent.
b. The failure by Sublessee to make any payment of Minimum Rent or any other payment required to be made by Sublessee hereunder on the date due where such failure shall continue for a period of five (5) business days after the same shall become due and payable.
c. The failure by Sublessee to observe or perform any of the covenants, conditions or provisions of this Sublease other than as described in the immediately preceding paragraph and/or the failure by Sublessee to observe or perform any of the covenants, conditions or provisions of the Lease to which Sublessee has agreed to be