Default by Sublessee. In addition to the events of default defined in the Base Lease, it is understood and agreed that Sublessee will be in default and that an event of default will have occurred under this Sublease if Sublessee fails in any way to fully comply with the terms and conditions of the Base Lease or of this Sublease for twenty (20) days after receipt of written notice from Sublessor specifically setting forth such default or event of default, and Sublessee has failed to cure such default or event of default within said twenty (20) day period, or, in the event such default or event of default cannot be cured within twenty (20) days, then within an additional reasonable period of time so long as Sublessee has commenced curative action within said twenty (20) day period and thereafter is diligently attempting to cure such default. In the event that any of such events of default occurs, including those defined in the Base Lease. Sublessor will be entitled to (i) all the rights and remedies reserved by or granted to the Base Lessor in the Base Lease after an event of default, (ii) cure such default, in which event Sublessee will reimburse Sublessor on demand for all costs and expenses expended or incurred by Sublessor in curing such default together with interest thereon at the highest legal contractual rate until reimbursement is made to Sublessor by Sublessee. (iii) exercise all rights and remedies provided by law, and/or (iv) immediately terminate this Sublease. Nothing in this Lease will be construed as imposing any duty upon Sublessor to relet the Demised Premises. Except as required by applicable law, Sublessor will have no duty to mitigate or minimize Sublessor’s damages by virtue of Sublessee’s default. Any duty imposed by law on Sublessor to mitigate damages after a default by Sublessee under this Sublease will be satisfied in full if Sublessor undertakes to lease the Demised Premises to another tenant (a “Substitute Tenant”) in accordance with the following criteria:
Default by Sublessee. In the event Sublessee shall be in default of any covenant of, or shall fail to honor any obligation under, this Sublease, Sublessor, upon giving any required notice and subject to the right, if any, of Sublessee to cure any such default within any applicable cure period, shall have available to it against Sublessee all of the remedies available to Lessor under the Master Lease in the event of a similar default on the part of Sublessor thereunder or at law.
Default by Sublessee. 18.1. The occurrence of any of the following events shall constitute a Default and breach of this Sublease by Sublessee:
Default by Sublessee. In the event Sublessee shall be in default of any covenant of, or shall fail to honor any obligation under, this Sublease, Sublessor shall have available to it against Sublessee all of the remedies available (a) to HMO Funding, Inc. under the Master Lease in the event of a similar default on the part of Sublessor thereunder or (b) at law. EXHIBIT F TO MASTER TRANSFER AGREEMENT
Default by Sublessee. Upon any default by Sublessee under this -------------------- Sublease, Sublessor shall have all rights and remedies available to Master Landlord under the Master Lease in the event of a similar default on the part of Sublessor thereunder, and all rights and remedies at law or in equity. Notwithstanding any other provision of this Sublease, Sublessee shall, with respect to the Sublease Premises, cure any default by Sublessee under this Sublease within the period allowed to Tenant under the Master Lease even if such time period is shorter than the period otherwise allowed under this Sublease due to the fact that notice of default from Sublessor to Sublessee is given after the corresponding notice of default from Master Landlord to Sublessor.
Default by Sublessee. (i) If default shall be made in the payment of any sum of Rent, or of any sum other than Rent, to be paid by Sublessee under this Sublease (including, without limitation, any amounts owing by Sublessee pursuant to the Construction Agreement attached hereto as EXHIBIT "C"); or (ii) if default shall be made in the performance of any of the other covenants and conditions which Sublessee is required to observe and perform under this Sublease; or (iii) if the interest of Sublessee under this Sublease shall be levied on under execution or other legal process; or (iv) if any petition shall be filed by or against Sublessee to declare Sublessee a bankrupt or to delay, reduce or modify Sublessee's debts or obligations; or (v) if Sublessee is declared insolvent according to law or if any assignment of Sublessee's property shall be made for the benefit of creditors or if a receiver or trustee is appointed for Sublessee or its property; or (vi) if Sublessee shall vacate or abandon the Subleased Premises during the term of this Sublease; or (vii) if Sublessee shall default under any of the terms and provisions of the Master Lease which, by the terms of this Sublease, are applicable hereto; then Sublessor may treat the occurrence of any one or more of the foregoing events as a breach of this Sublease and thereupon, at Sublessor's option, Sublessor shall have any one or more of the following described remedies, in addition to all other rights and remedies provided at law or in equity:
Default by Sublessee. The occurrence of any one or more of -------------------- the following events shall constitute an Event of Default hereunder by Sublessee:
Default by Sublessee. Notwithstanding anything in the Main Lease to the contrary, for the purposes of determining applicable grace periods hereunder, Sublessee's grace period hereunder shall be one-half of any such grace period granted to Sublessor under the Main Lease.
Default by Sublessee. In the event that Sublessee shall be in default of any covenant, term or condition of this Sublease which causes a default under the provisions of the Lease (any of the foregoing being a "Default"), Sublessor, on giving the notice required under the Lease and subject to the right, if any, of Sublessor to cure any such default as may be provided Sublessor in the Lease as incorporated hereby by reference, shall have available to it all of the remedies available to Lessor under the Lease as if Sublessor had caused the corresponding default or failure to occur under the Lease (the "Basic Remedies"). In the event there occurs any other default under this Sublease which does not cause a Default, Sublessor, after ten (10) days written notice to Sublessee in the event of a non-monetary default and after seven (7) days written notice in the event of the failure to make payment of any installment of Rent, and Sublessee's failure promptly to cure such default within the applicable number of days, or where such default cannot be remedied within the applicable number of days, if Sublessee shall not commence the remedying thereof within such applicable number of days and shall not proceed with due diligence to remedy it, may pursue any of the Basic Remedies. The Basic Remedies shall be in addition to all other remedies available to Sublessor at law or in equity.
Default by Sublessee. 40 ARTICLE 19. DELEGATION - ASSIGNMENT - SUBLEASES - MORTGAGE 43 ARTICLE 20. [RESERVED].................................... 48 ARTICLE 21. ESTOPPEL CERTIFICATES AND FINANCIAL STATEMENTS 49 ARTICLE 22.
