Tenant Event of Default Sample Clauses

Tenant Event of Default. The occurrence of any one or more of the following events shall constitute an event of default (“Event of Default”) by Tenant under this Lease:
Sample 1Sample 2
AutoNDA by SimpleDocs
Tenant Event of Default. Tenant shall be in default under this Lease upon the occurrence of any of the following (“Events of Default”):
Sample 1Sample 2
Tenant Event of Default. The occurrence of any one or more of the following shall constitute a “Tenant Event of Default”:
Sample 1Sample 2
Tenant Event of Default. Each of the situations set forth below shall constitute a breach of this Agreement by Tenant (each a “Tenant Event of Default”), and shall entitle Premises Owner to exercise the remedies set forth in this Agreement: (i) failure by Tenant to pay any installment of the Rent or any other payment due hereunder, where such failure to pay continues for a period of ninety (90) days after Notice of such non-payment from Premises Owner; or (ii) failure by Tenant to comply with any of the material provisions of this Agreement and, unless otherwise expressly provided for hereunder, such failure to comply continues for more than forty-five (45) days from the date on which Premises Owner provides Notice of such breach to Tenant; provided that such forty-five (45) day period shall be extended by such longer period of time as may be reasonably necessary for Tenant to cure such breach if such breach cannot reasonably be cured within a forty-five (45) day period so long as Tenant is diligently pursuing such cure. Upon each occurrence of a Tenant Event of Default, and after expiration of all applicable Notice and cure periods, Premises Owner may at any time subsequent to such breach and at its discretion take such action as provided for in this Agreement or as may be available to Premises Owner at law or in equity.
Sample 1
Tenant Event of Default. The occurrence of any of the following events shall, at Landlord's option, constitute an "Event of Default":
Sample 1
Tenant Event of Default. If a Subsection 11.02(a) Tenant Default shall have occurred and not been cured by either Tenant or any applicable Lender within the Subsection 11.02(a) Ten Day Cure Period, then such failure to cure a Subsection 11.02(a) Tenant Default shall constitute a “Subsection 11.02(b) Tenant Default”. The occurrence of a Subsection 11.02(b) Tenant Default or a Tenant Default under any of the Subsections 11.01(d) or (e) shall constitute a “Tenant Event of Default.”
Sample 1
Tenant Event of Default 
Sample 1Sample 2
AutoNDA by SimpleDocs

Related to Tenant Event of Default

  • Additional Event of Default The following will constitute an additional Event of Default with respect to Party B: "NOTE ACCELERATION NOTICE. A Note Acceleration Notice is served on Party B in relation to the Relevant Notes."

  • No Default or Event of Default No Default or Event of Default shall have occurred and be continuing on such date or after giving effect to the Extension of Credit to be made on such date unless such Default or Event of Default shall have been waived in accordance with this Agreement.

  • No Event of Default No Default or Event of Default has occurred and is continuing.

  • Notice of Default or Event of Default promptly, and in any event within five days after a Responsible Officer becoming aware of the existence of any Default or Event of Default or that any Person has given any notice or taken any action with respect to a claimed default hereunder or that any Person has given any notice or taken any action with respect to a claimed default of the type referred to in Section 11(f), a written notice specifying the nature and period of existence thereof and what action the Company is taking or proposes to take with respect thereto;

  • Notice of Event of Default If the Mortgagee shall have Actual Knowledge of an Event of Default or of a Default arising from a failure to pay Rent, the Mortgagee shall give prompt written notice thereof to the Owner Trustee, the Owner Participant, Lessee, and each Note Holder. Subject to the terms of Sections 2.13, 4.03, 4.04, 4.08, 5.02 and 5.03 hereof, the Mortgagee shall take such action, or refrain from taking such action, with respect to such Event of Default or Default (including with respect to the exercise of any rights or remedies hereunder) as the Mortgagee shall be instructed in writing by a Majority in Interest of Note Holders. Subject to the provisions of Section 5.03, if the Mortgagee shall not have received instructions as above provided within 20 days after mailing notice of such Event of Default to the Note Holders, the Mortgagee may, subject to instructions thereafter received pursuant to the preceding provisions of this Section 5.01, take such action, or refrain from taking such action, but shall be under no duty to take or refrain from taking any action, with respect to such Event of Default or Default as it shall determine advisable in the best interests of the Note Holders; PROVIDED, HOWEVER, that the Mortgagee may not sell the Aircraft or any Engine without the consent of a Majority in Interest of Note Holders. For all purposes of this Trust Indenture, in the absence of Actual Knowledge on the part of the Mortgagee, the Owner Trustee or the Owner Participant, the Mortgagee, the Owner Trustee or the Owner Participant, as the case may be, shall not be deemed to have knowledge of a Default or an Event of Default (except, in the case of the Mortgagee, the failure of Lessee to pay any installment of Basic Rent within one Business Day after the same shall become due, if any portion of such installment was then required to be paid to the Mortgagee, which failure shall constitute knowledge of a Default) unless notified in writing by Lessee, the Owner Trustee, the Owner Participant or one or more Note Holders.

  • Event of Default Any of the following shall constitute an “Event of Default”:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!