Common use of Tenant Default Clause in Contracts

Tenant Default. Without limiting or superseding any separate cure rights that Tenant may have under applicable law, the occurrence of any of the following shall constitute an immediate default and breach of this Lease by Tenant (except where cure periods are expressly provided): (a) Any failure by Tenant to pay when due the Rent or make any other required payment; (b) Tenant’s failure to observe or perform any Lease provision where such failure continues for ten days after Notice thereof to Tenant; provided, if the nature of the default is such that it cannot reasonably be cured within the ten-day period, Tenant shall not be deemed in default if, in the ten-day period, Tenant commences to cure and thereafter diligently prosecute the cure to completion; (c) If at any time during the Term there is a Bankruptcy Event involving Tenant; (d) Any attempted Transfer in violation of Article 8; or (e) Tenant fails to take possession of the Premises on the Commencement Date.

Tenant Default. Without limiting or superseding any separate cure rights that Tenant may have under applicable law, the occurrence of any of the following shall constitute an immediate default and breach of this Lease by Tenant (except where cure periods are expressly provided): (a) Any failure by Tenant to pay when due duo the Rent or make any other required paymentpayment (cure period of three (3) days) after Notice to Tenant that such payment is past due; (b) Tenant’s failure to observe or perform any Lease provision where such failure continues for ten twenty (20) days after Notice thereof to Tenant; provided, if the nature of the default is such that it cannot reasonably be cured within the tentwenty-day period, Tenant shall not be deemed in default if, in the tentwenty-day period, Tenant commences to cure and thereafter diligently prosecute the cure to completion; (c) If at any time during the Term there is a Bankruptcy Event involving Tenant; (d) Any attempted Transfer in violation of Article 88 or any default by Tenant under its Sublease of other space in the Building; or (e) Tenant fails to take possession Any abandonment of the Premises on the Commencement DatePremises.