CONDITIONAL LIMITATIONS. This Lease and the Lease term are subject to the limitation that if, at any time prior to or during the Lease term, any one or more of the following events (herein called an “event of default”) shall occur, that is to say:
CONDITIONAL LIMITATIONS. Each covenant and agreement of Lessor and Lessee shall be a condition to the performance of the other's obligation hereunder, and breach by any party thereof, uncured as provided for herein, shall be in default.
CONDITIONAL LIMITATIONS. Each term and each provision of this lease performable by Tenant shall be construed to be both a covenant and a condition.
CONDITIONAL LIMITATIONS. Each term and each provision of this lease performable by Lessee shall be construed to be both a covenant and a condition.
CONDITIONAL LIMITATIONS. A) If any one or more of the following events (“Events of Default”) shall happen:
CONDITIONAL LIMITATIONS. Each obligation imposed on LESSEE is both a covenant and a condition.
CONDITIONAL LIMITATIONS. 1. If, before or during the term of this lease or any renewal or extension thereof, the LESSEE shall be adjudged a bankrupt, or of any proceeding under the federal bankruptcy laws shall be filed by or against the LESSEE, then such occurrence shall be deemed a breach of this lease, and, upon the happening of such event, this lease shall, ipso facto, terminate, and the LESSEE shall be liable for all damages sustained by LESSOR as provided by law.
CONDITIONAL LIMITATIONS. Each term and each provision of this lease performable by TENANT shall be construed to be both a covenant and condition.
CONDITIONAL LIMITATIONS. Section 16.01. If at any time during the term of this Lease:
CONDITIONAL LIMITATIONS. This lease and the term and estate hereby granted are subject to the limitations enumerated in Articles 16 and 17 and hereinafter in this paragraph and for purposes of enforcement of Landlord's remedies under this. lease or as provided by law such enumerated events of default shall be deemed conditional limitations. In addition to those enumerated in section (1) of Article 17 of this lease the term and estate hereby granted are subject to the following further limitations (which shall be deemed added to said section (1) of Article 17) : (i) if any event shall occur or any contingency shall arise whereby this lease or the estate hereby granted or the unexpired balance of the term thereof would, by operation of law or otherwise, devolve upon or pass to any person other than Tenant, except as expressly permitted by Articles 11 and 42 hereof; or (ii) there shall be any default by Tenant under any other lease with Landlord which shall not be remedied within the applicable grace or cure period, if any, provided therefor under such other lease.
