Common use of TENANT’S DEFAULTS Clause in Contracts

TENANT’S DEFAULTS. A. If there is a default by Tenant under the terms of this Lease, other than the obligation to pay Rent and Additional Rent, or Tenant vacates the Office prior to the Termination Date, or if an execution has been issued against the property of Tenant or Tenant whereby the Office is used and/or occupied by someone other than Tenant, or if this Lease be rejected in a Bankruptcy proceeding, or should Tenant not take possession of the Office with thirty (30) days from the Possession Date, the Landlord, upon fifteen (15) days prior written notice to Tenant which sets forth Tenant’s default(s) and should Tenant fail to completely cure said specified default(s) within said fifteen (15) days, or if the default(s), by its nature cannot be cured within said fifteen (15) days or should Tenant fail to undertake with diligent effort to cure the default(s) within said fifteen (15) days, then , in such event, Landlord may serve upon Tenant, a written five (5) day notice canceling this Lease and Tenant, at the end of said five (5) days shall vacate and surrender the Office and Tenant shall continue to remain liable as set forth under this Lease.

TENANT’S DEFAULTS. A. If there is a Tenant (i) defaults in the payment of Basic Rent or any additional rent or sum herein reserved and fails to cure the default by within ten (10) days from the date of receipt of written notice of such default or (ii) abandons the Premises, or (iii) if Tenant under fails to comply with any of the terms other covenants or conditions of this Lease, other than the obligation Lease and fails to pay Rent and Additional Rent, or Tenant vacates the Office prior to the Termination Date, or if an execution has been issued against the property of Tenant or Tenant whereby the Office is used and/or occupied by someone other than Tenant, or if this Lease be rejected in a Bankruptcy proceeding, or should Tenant not take possession of the Office with cure such default within thirty (30) days from after the Possession Datereceipt of written notice of such default specifying the default (provided, however, if the Landlord, upon fifteen nature of Tenant's default is such that more than thirty (1530) days prior are reasonably required for its cure, then Tenant shall not be in default, provided Tenant commences to cure such default within said thirty day period and diligently proceeds to completion) then at the expiration of said ten (10) days or said thirty (30) days, as the case may be, Landlord may (a) cancel and terminate this Lease upon ten (10) days' written notice to Tenant which sets forth Tenant’s default(s) (whereupon the Term shall terminate and should expire, and Tenant fail to completely cure said specified default(s) within said fifteen (15) days, or if the default(s), by its nature cannot be cured within said fifteen (15) days or should Tenant fail to undertake with diligent effort to cure the default(s) within said fifteen (15) days, shall then , in such event, Landlord may serve upon Tenant, a written five (5) day notice canceling this Lease and Tenant, at the end of said five (5) days shall vacate quit and surrender the Office and Premises to Landlord, but Tenant shall continue to remain liable as set forth under hereinafter provided) and/or (b) at any time thereafter re-enter and resume possession of the Premises as if this LeaseLease had not been made.

TENANT’S DEFAULTS. A. If there is a default by Tenant under the terms of this Lease, other than the obligation to pay Rent and Additional Rent, or Tenant vacates the Office prior to the Termination Date, or if an execution has been issued against the property of Tenant or Tenant whereby the Office is used and/or occupied by someone other than Tenant, or if this Lease be rejected in a Bankruptcy proceeding, or should Tenant not take possession of the Office with thirty (30) days from the Possession Date, the Landlord, upon fifteen (15) days prior written notice to Tenant which sets forth Tenant’s default(s) and should Tenant fail to completely cure said specified default(s) within said fifteen (15) days, or if the default(s), by its nature cannot be cured within said fifteen (15) days or should Tenant fail to undertake with diligent effort to cure the default(s) within said fifteen (15) days, then then, in such event, Landlord may serve upon Tenant, a written five (5) day notice canceling this Lease and Tenant, at the end of said five (5) days shall vacate and surrender the Office and Tenant shall continue to remain liable as set forth under this Lease.

TENANT’S DEFAULTS. A. If there is a default by Tenant under the terms of this Lease, other than the t he obligation to pay Rent Ren t and Additional Rent, or Tenant vacates the Office prior to the Termination Date, or if an a n execution has been b een issued against the property of Tenant or Tenant T enant whereby the Office is used and/or occupied by someone other than Tenant, or if this Lease Le ase be rejected in a Bankruptcy proceeding, or should Tenant not take ta ke possession of the Office with thirty (30) days day s from the Possession Poss ession Date, the Landlord, Landlord may notify Tenant of said default upon fifteen (151 5) days prior p rior written notice to Tenant which sets forth Tenant’s default(s) and should Tenant fail to t o completely cure said specified specifie d default(s) within said fifteen (1515 ) days, or if the default(s), by its nature cannot be cured cu red within said fifteen (1515 ) days or should Tenant fail to undertake with diligent dilig ent effort to cure the default(s) within said fifteen fi fteen (15) days, then , in such su ch event, Landlord may serve upon Tenant, a written five (5) day notice canceling this Lease and Tenant, at the end of said five (5) days shall vacate and surrender the Office and Tenant shall continue to remain remai n liable as set forth under this Lease.

TENANT’S DEFAULTS. A. If there is a Tenant shall be in default by hereunder if (a) Tenant under the terms of this Lease, other than the obligation fails to pay Rent any rent or other sum required hereunder on its due date, and Additional Rentsuch default is not remedied within ten (10) days after written notice thereof from Landlord; or (b) Tenant fails to furnish any statement required hereunder on its due date; or (c) Tenant fails to maintain any insurance required hereunder; or (d) Tenaxx xxxndons the Leased Premises or fails to conduct business therein for a period of fifteen (15) or more cons ecutive days; or (e) Tenant neglects or fails to perform or observe any of the other terms, covenants or Tenant vacates the Office prior to the Termination Date, or if an execution has been issued against the property of Tenant or Tenant whereby the Office is used and/or occupied by someone other than Tenant, or if conditions contained in this Lease on Tenant's part to be rejected in a Bankruptcy proceeding, performed or should observed; or (f) Tenant not defaults under Section 27 of the Lease; or (g) Tenant fails to take possession of the Office with Leased Premises and open for business therein within thirty (30) days from after the Possession Rent Commencement Date. Notwithstanding anything to the contrary contained in Subparagraphs (b) through (g) of the immediately preceding sentence , Tenant shall not be in default under said subparagraphs unless the Landlordviolation, upon neglect or failure referenced in said 174 subparagraphs is not remedied by Tenant within fifteen (15) days prior after Landlord shall have given to Tenant written notice to Tenant which sets forth Tenant’s default(s) and should Tenant fail to completely cure said specified default(s) within said fifteen (15) daysspecifying such violation, neglect or if the default(s), by its nature cannot be cured within said fifteen (15) days or should Tenant fail to undertake with diligent effort to cure the default(s) within said fifteen (15) days, then , in such event, Landlord may serve upon Tenant, a written five (5) day notice canceling this Lease and Tenant, at the end of said five (5) days shall vacate and surrender the Office and Tenant shall continue to remain liable as set forth under this Leasefailure.