Default by Tenant as used in this Lease shall mean the occurrence of any of the following events:

Default by Tenant. The following shall be events of default by Tenant under this Lease: (a) Tenant shall fail to pay when due any installment of Rent or other payment required pursuant to this Lease; (b) Tenant shall abandon or vacate any substantial portion of the Leased Premises, whether or not Tenant is in default of the Rental payments due under this Lease; (c) Tenant shall fail to comply with any term, provision, or covenant of this Lease, other than the defaults listed in this paragraph 26, and the failure is not cured within ten (10) days after written notice thereof to Tenant; (d) Tenant shall file a petition or be adjudged a debtor or bankrupt or insolvent under the National Bankruptcy Code, as amended, or any similar law or statute of the United States or any state; or a receiver or trustee shall be appointed for all or substantially all of the assets of Tenant; or Tenant shall make a transfer in fraud of creditors or shall make an assignment for the benefit of creditors; (e) Tenant shall do or permit to be done any act which results in a lien being filed against the Leased Premises.

Default by Tenant as used in this Lease, shall mean and refer to all of the events described in this Section 16.1.

Examples of Default by Tenant in a sentence

Upon a Default by Tenant hereunder, Landlord may, without waiving or releasing any obligation of Tenant hereunder, make such payment or perform such act.
Notwithstanding any reletting without termination by Landlord because of any Default by Tenant, Landlord may at any time after such reletting elect to terminate this Lease for any such Default.
Notwithstanding the foregoing, in the event of a Default by Tenant, Landlord may elect at any time to terminate this Lease and to recover damages to which Landlord is entitled.
In the event of any Default by Tenant, then in addition to any other remedies available to Landlord at law or in equity and under this Lease, Landlord shall have the immediate option to terminate this Lease and all rights of Tenant hereunder by giving written notice of such intention to terminate.
Payment of such interest shall not excuse or cure any Default by Tenant.

More Definitions of Default by Tenant

Default by Tenant. The following shall be events of default by Tenant under this Lease: (a) Tenant shall fail to pay when due any installment of Rent or other payment required pursuant to this Lease; (b) Tenant shall abandon or vacate any substantial portion of the Leased Premises, whether or not Tenant is in default of the Rental payments due under this Lease; (c) Tenant shall fail to comply with any term, provision or covenant of this Lease, other than the defaults listed in this paragraph 26, and the failure is not cured within ten (10) days after written notice thereof to Tenant; (d) Tenant shall file a petition or be adjudged a debtor or bankrupt or insolvent under the National Bankruptcy Code, as amended, or any similar law or statute of the United States or any state; or a receiver or trustee shall be appointed for all or substantially all of the assets of Tenant; or Tenant shall make a transfer in fraud of creditors or shall make an assignment for the benefit of creditors; (e) Tenant shall do or permit to be done any act which results in a lien being filed against the Leased Premises.

Default by Tenant means the occurrence of any of the following events:

Default by Tenant. If Tenant shall make default in any covenant or agreement to be performed by it and if after written notice from Landlord to Tenant (except for a default caused by the nonpayment of rent as set forth in Paragraph 4 hereof, for which no notice is required) such default shall continue for a period of ten (10) days or if the leasehold interest of Tenant shall be taken on execution or other process of law or if Tenant shall petition under any provision of the Bankruptcy Act of the United States or be declared to be insolvent according to law, then and in any of said cases, the Landlord may immediately or at any time thereafter, without further notice or demand, enter upon and into said premises or any part thereof and take absolute possession of the same fully and absolutely without such re-entry automatically working a forfeiture of the rents to be paid and the covenants to be performed by Tenant for the full term of this Lease and at the Landlord's election, Landlord may either lease or sublet such premises or any part thereof on such terms and conditions and for such rents and for such time as the Landlord may reasonably elect and, after crediting the proceeds of any rent actually collected by Landlord from such reletting on the rentals stipulated to be paid under this Lease by Tenant, collect from Tenant any balance remaining due on the rent reserved under this Lease, or Landlord may declare this Lease forfeited and may take full and absolute possession of said Premises free from any subsequent rights or obligations of Tenant, or at the option of Landlord, the entire rent for the balance of the term shall at once become due and payable, as if by the terms of this Lease it were all payable in advance. In the event of such default and reletting by Landlord, Tenant agrees to pay all costs of refinishing and all costs of reletting the Premises. All remedies herein given Landlord, including all those not set forth but provided by law, shall be cumulative, and the exercise of one or more of such remedies by Landlord shall not exclude the exercise of any other consistent remedy, nor shall any waiver by Landlord, express or implied, of any breach of any term, covenant or condition hereof be deemed a waiver of such term, condition or covenant, or of any subsequent breach of the same or any other term, covenant or condition hereof. Acceptance of rent by Landlord from Tenant or any assignee, sub-essee or other successor in interest to Tenant, with or without notice, ...

Default by Tenant. Any of the following shall constitute an Event of Default by Tenant under this Lease: (a) Tenant fails to pay when due any installment of rent or any other payment required pursuant to this Lease after ten (10) days notice of such default and failure to cure during such notice period; (b) Tenant fails to comply with any term, provision, or covenant of this Lease, other than the payment of rent, and such failure is not cured within thirty (30) days after written notice to Tenant or, if such failure is not capable of being cured within 30 days, then within 60 days (except for those obligations set forth in Section 5.3 which are not capable of being cured within 60 days, with respect to which the 60 day period shall not apply) provided that Tenant begins efforts to cure promptly after receiving notice from Landlord and diligently pursues such cure to completion; (c) Any proceeding against Tenant seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief is not dismissed within 60 days after the commencement thereof, or any trustee, receiver or liquidator is appointed for Tenant, or of any material part of its properties, and appointment is not vacated within 60 days after such appointment; or (d) Tenant does or permits to be done any act which results in a lien being filed against the Premises or the Project which is not bonded off within 15 days after Tenant is first notified of such lien.

Default by Tenant. LANDLORD'S REMEDIES....................11

Default by Tenant. In the event Tenant shall fail to pay the monthly rental rate by the due date; and such failure continues for five (5) business days after Tenant receives notice of such nonpayment, which notice shall not be given more than two (2) times annually during the term of this Lease, or if Tenant is adjudicated a bankrupt; or if Tenant files a petition in bankruptcy under any section or provision of the bankruptcy law; or if an involuntary petition in bankruptcy is filed against Tenant, and same is not withdrawn or dismissed within sixty (60) days from filing thereof, or if a receiver or trustee is appointed for Tenants property and the order appointing such receiver or trustee remains in force for thirty (30) days after the entry of such order, or if, whether voluntarily or involuntarily, Tenant takes advantage of any debtor relief proceedings under any present or future

Default by Tenant definition

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