Common use of Default Defined Clause in Contracts

Default Defined. Any one or more of the following events (each of which is herein sometimes called "event of default") shall constitute a default: 23.1.1 Tenant defaults in the due and punctual payment of any rent, taxes, tax deposits, insurance premiums, maintenance fees or other sums required to be paid by Tenant under this lease within ten (10) days of when due; 23.1.2 Tenant abandons the premises; 23.1.3 Tenant defaults in the performance of or compliance with any of the covenants, agreements, terms and conditions contained in this lease other than those referred to in the foregoing Paragraph 23.1.1, and such default shall continue for a period of thirty (30) days after written notice thereof from Landlord to Tenant, and shall not be cured as permitted by Paragraph 23.9; 23.1.4 Tenant files a voluntary petition in bankruptcy or is adjudicated a bankrupt or insolvent, or takes the benefit of any relevant legislation that may be in force for bankrupt or insolvent debtors or files any petition or answer seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief for itself under any present or future federal, state or other statute, law or regulation, or proceedings are taken by Tenant under any relevant Bankruptcy Act in force in any jurisdiction available to Tenant, or Tenant seeks or consents to or acquiesces in the appointment of any trustee, receiver or liquidator of Tenant or of all or any substantial part of its properties or of the premises, or makes any general assignment for the benefit of creditors; 23.1.5 A petition is filed against Tenant seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any present or future federal, state or other statute, law or regulation, and shall remain undismissed for an aggregate of 120 days, or if any trustee, receiver or liquidator of Tenant or of all or any substantial part of its properties or of the premises is appointed without the consent or acquiescence of Tenant and such appointment remains unvacated for an aggregate of 20 days.

Default Defined. Any one or more of the following events (each of which is herein sometimes called "“event of default"”) shall constitute a default: 23.1.1 Tenant defaults in the due and punctual payment of any regularly scheduled rent or additional rent, taxes, tax deposits, insurance premiums, maintenance fees or other sums required to be paid by Tenant under this lease within ten (10) days after written notice of when duesuch default by Landlord; 23.1.2 Tenant abandons the premises; 23.1.3 Tenant defaults in the performance of or compliance with any of the covenants, agreements, terms and conditions contained in this lease other than those referred to in the foregoing Paragraph 23.1.1, and such default shall continue for a period of thirty (30) days after written notice thereof from Landlord to Tenant, and shall not be cured as permitted by Paragraph 23.9; 23.1.4 23.1.3 Tenant files a voluntary petition in bankruptcy or is adjudicated a bankrupt or insolvent, or takes the benefit of any relevant legislation that may be in force for bankrupt or insolvent debtors or files any petition or answer seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief for itself under any present or future federal, state or other statute, law or regulation, or proceedings are taken by Tenant under any relevant Bankruptcy Act in force in any jurisdiction available to Tenant, or Tenant seeks or consents to or acquiesces in the appointment of any trustee, receiver or liquidator of Tenant or of all or any substantial part past of its properties or of the premisesPremises, or makes any general assignment for the benefit of creditors; 23.1.5 23.1.4 A petition is filed against Tenant seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any present or future federal, state or other statute, law or regulation, and shall remain undismissed for an aggregate of 120 days, or if any trustee, receiver or liquidator of Tenant or of all or any substantial part of its properties or of the premises Premises is appointed without the consent or acquiescence of Tenant and such appointment remains unvacated for an aggregate of 20 days.

Default Defined. Any one or more of the following events (each of which is herein sometimes called "event of default") shall constitute a default: 23.1.1 Tenant defaults in the due and punctual payment of any rent, taxes, tax deposits, insurance premiums, maintenance fees or other sums required to be paid by Tenant under this lease within ten when and as the same shall become due and payable and such default shall continue for five (105) days of when duedays; 23.1.2 Tenant abandons the premises; 23.1.3 Tenant defaults in the performance of or compliance with any of the covenants, agreements, terms and conditions contained in this lease other than those referred to in the foregoing Paragraph 23.1.1, and such default shall continue for a period of thirty (30) 30 days after written notice thereof from Landlord to Tenant, and shall not be cured as permitted by Paragraph 23.9; 23.1.4 Tenant files a voluntary petition in bankruptcy or is adjudicated a bankrupt or insolvent, or takes the benefit of any relevant legislation that may be in force for bankrupt or insolvent debtors or files any petition or answer seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief for itself under any present or future federal, state or other statute, law or regulation, or proceedings are taken by Tenant under any relevant Bankruptcy Act in force in any jurisdiction available to Tenant, or Tenant seeks or consents to or acquiesces in the appointment of any trustee, receiver or liquidator of Tenant or of all or any substantial part of its properties or of the premises, or makes any general assignment for the benefit of creditors; 23.1.5 A petition is filed against Tenant seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any present or future federal, state or other statute, law or regulation, and shall remain undismissed for an aggregate of 120 days, or if any trustee, receiver or liquidator of Tenant or of all or any substantial part of its properties or of the premises is appointed without the consent or acquiescence of Tenant and such appointment remains unvacated for an aggregate of 20 days.

Default Defined. Any one or more of the following events (each of which is herein sometimes called "event of default") shall constitute a default: 23.1.1 22.1.1 Tenant defaults in the due and punctual payment of any rentRent, taxes, tax deposits, insurance premiums, maintenance fees or other sums required to be paid by Tenant under this lease Lease when and as the same shall become due and payable; provided, however, in the first instance of late payment in each 12-month period following the Commencement Date, Tenant shall have a right to cure such an event of default within ten (10) 5 days of when dueafter notice by Landlord; 23.1.2 22.1.2 Tenant abandons the premisesPremises; 23.1.3 22.1.3 Tenant defaults in the performance of or compliance with any of the covenants, agreements, terms and conditions contained in this lease Lease other than those referred to in the foregoing Paragraph 23.1.1Section 22.1.1, and such default shall continue for a period of thirty (30) 10 days after written notice thereof from Landlord to Tenant, and shall not be cured as permitted by Paragraph 23.9Section 22.9; 23.1.4 22.1.4 Tenant files a voluntary petition in bankruptcy or is adjudicated a bankrupt or insolvent, or takes the benefit of any relevant legislation that may be in force for bankrupt or insolvent debtors or files any petition or answer seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief for itself under any present or future federal, state or other statute, law or regulation, or proceedings are taken by Tenant under any relevant Bankruptcy Act in force in any jurisdiction available to Tenant, or Tenant seeks or consents to or acquiesces in the appointment of any trustee, receiver or liquidator of Tenant or of all or any substantial part of its properties or of the premisesPremises, or makes any general assignment for the benefit of creditors; 23.1.5 22.1.5 A petition is filed against Tenant seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any present or future federal, state or other statute, law or regulation, and shall remain undismissed for an aggregate of 120 days, or if any trustee, receiver or liquidator of Tenant or of all or any substantial part of its properties or of the premises Premises is appointed without the consent or acquiescence of Tenant and such appointment remains unvacated for an aggregate of 20 days.

Default Defined. Any one or more of the following events (each of which is herein sometimes called "event of default") shall constitute a default: 23.1.1 Tenant defaults in the due and punctual payment of any rent, taxes, tax deposits, insurance premiums, maintenance fees or other sums required to be paid by Tenant under this lease within ten (10) days of when dueand as the same shall become due and payable; 23.1.2 Tenant abandons the premisesPremises; 23.1.3 Tenant defaults in the performance of or compliance with any of the covenants, agreements, terms and conditions contained in this lease other than those referred to in the foregoing Paragraph 23.1.1lease, and such default shall continue for a period of thirty twenty (3020) days after written notice thereof from Landlord to TenantTenant or five (5) days in the case of a default under 23.1.1, unless the Tenant has defaulted under Paragraph 23.1.1 more than three times in any successive twelve (12) month period, in which case there shall be no additional cure period and shall not be cured as permitted by Paragraph 23.9; 23.1.4 Tenant files a voluntary petition in bankruptcy or is adjudicated a bankrupt or insolvent, or takes the benefit of any relevant legislation that may be in force for bankrupt or insolvent debtors or files any petition or answer seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief for itself under any present or future federal, state or other statute, law or regulation, or proceedings are taken by Tenant under any relevant Bankruptcy Act in force in any jurisdiction available to Tenant, or Tenant seeks or consents to or acquiesces in the appointment of any trustee, receiver or liquidator of Tenant or of all or any substantial part of its properties or of the premisesPremises, or makes any general assignment for the benefit of creditors; 23.1.5 A petition is filed against Tenant seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any present or future federal, state or other statute, law or regulation, and shall remain undismissed for an aggregate of 120 days, or if any trustee, receiver or liquidator of Tenant or of all or any substantial part of its properties or of the premises Premises is appointed without the consent or acquiescence of Tenant and such appointment remains unvacated for an aggregate of 20 120 days.

Default Defined. Any one or more of the following events (each of which is herein sometimes called "event of default") shall constitute a default: 23.1.1 24.1.1 Tenant defaults in the due and punctual payment of any rent, taxes, tax deposits, insurance premiums, maintenance fees or other sums required to be paid by Tenant under this lease within ten (10) days of when dueand as the same shall become due and payable; 23.1.2 24.1.2 Tenant abandons the premises; 23.1.3 24.1.3 Tenant defaults in the performance of or compliance with any of the covenants, agreements, terms and conditions contained in this lease other than those referred to in the foregoing Paragraph 23.1.124.1.1, and such default shall continue for a period of thirty (30) 10 days after written notice thereof from Landlord to Tenant, and shall not be cured as permitted by Paragraph 23.924.9; 23.1.4 24.1.4 Tenant files a voluntary petition in bankruptcy or is adjudicated a bankrupt or insolvent, or takes the benefit of any relevant legislation that may be in force for bankrupt or insolvent debtors or files any petition or answer seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief for itself under any present or future federal, state or other statute, law or regulation, or proceedings are taken by Tenant under any relevant Bankruptcy Act in force in any jurisdiction available to Tenant, or Tenant seeks or consents to or acquiesces in the appointment of any trustee, receiver or liquidator of Tenant or of all or any substantial part of its properties or of the premises, or makes any general assignment for the benefit of creditors; 23.1.5 24.1.5 A petition is filed against Tenant seeking any reorganization, arrangement, composition, readjustment, readjustment liquidation, dissolution or similar relief under any present or future federal, state or other statute, law or regulation, and shall remain undismissed for an aggregate of 120 days, or if any trustee, receiver or liquidator of Tenant or of all or any substantial part of its properties or of the premises is appointed without the consent or acquiescence of Tenant and such appointment remains unvacated for an aggregate of 20 days.

Default Defined. Any one or more of the following events (each of which is herein sometimes called "event of default"') shall constitute a default: 23.1.1 Tenant defaults in the due and punctual payment of any regularly scheduled rent or additional rent, taxes, tax deposits, insurance premiums, maintenance fees or other sums required to be paid by Tenant under this lease within ten (10) days after written notice of when duesuch default by Landlord; 23.1.2 Tenant abandons the premises; 23.1.3 Tenant defaults in the performance of or compliance with any of the covenants, agreements, terms and conditions contained in this lease other than those referred to in the foregoing Paragraph 23.1.1, and such default shall continue for a period of thirty (30) days after written notice thereof from Landlord to Tenant, and shall not be cured as permitted by Paragraph 23.9; 23.1.4 23.1.3 Tenant files a voluntary petition in bankruptcy or is adjudicated a bankrupt or insolvent, or takes the benefit of any relevant legislation that may be in force for bankrupt or insolvent debtors or files any petition or answer seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief for itself under any present or future federal, state or other statute, law or regulation, or proceedings are taken by Tenant under any relevant Bankruptcy Act in force in any jurisdiction available to Tenant, or Tenant seeks or consents to or acquiesces in the appointment of any trustee, receiver or liquidator of Tenant or of all or any substantial part of its properties or of the premisesPremises, or makes any general assignment for the benefit of creditors; 23.1.5 23.1.4 A petition is filed against Tenant seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any present or future federal, state or other statute, law or regulation, and shall remain undismissed for an aggregate of 120 days, or if any trustee, receiver or liquidator of Tenant or of all or any substantial part of its properties or of the premises Premises is appointed without the consent or acquiescence of Tenant and such appointment remains unvacated for an aggregate of 20 days.

Default Defined. Any one or more of the following events (each of which is herein sometimes called "“event of default"”) shall constitute a default: 23.1.1 Tenant defaults in the due and punctual payment of any regularly scheduled rent or additional rent, taxes, tax deposits, insurance premiums, maintenance fees or other sums required to be paid by Tenant under this lease Lease within ten five (105) days of the date when duethe same shall become due and payable; 23.1.2 Tenant abandons the premises; 23.1.3 Tenant defaults in the performance of or compliance with any of the covenants, agreements, terms and conditions contained in this lease Lease other than those referred to in the foregoing Paragraph 23.1.1, and such default shall continue for a period of thirty (30) 10 days after written notice thereof from Landlord to Tenant, and shall not be cured as permitted by Paragraph 23.9; 23.1.4 23.1.3 Tenant files a voluntary petition in bankruptcy or is adjudicated a as bankrupt or insolvent, or takes the benefit of any relevant legislation that may be in force for bankrupt or insolvent debtors or files any petition or answer seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief for itself under any present or future federal, state or other statute, law or regulation, or proceedings are taken by Tenant under any relevant Bankruptcy Act in force in any jurisdiction available to Tenant, or Tenant seeks or consents to or acquiesces in the appointment of any trustee, receiver or liquidator of Tenant or of all or any substantial part of its properties or of the premisesPremises, or makes any general assignment for the benefit of creditors; 23.1.5 23.1.4 A petition is filed file against Tenant seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any present or future federal, state or other statute, law or regulation, and shall remain undismissed for an aggregate of 120 days, or if any trustee, receiver receive or liquidator of Tenant or of all or any substantial part of its properties or of the premises Premises is appointed without the consent or acquiescence of Tenant and such appointment remains unvacated for an aggregate of 20 days.

Default Defined. Any one or more of the following events (each of which is herein sometimes called "event of default") shall constitute a default: 23.1.1 Tenant defaults in the due and punctual payment of any rent, taxes, tax deposits, insurance premiums, maintenance fees or other sums required to be paid by Tenant under this lease within ten (10) days of when dueand as the same shall become due and payable; 23.1.2 Tenant abandons the premisesPremises; 23.1.3 Tenant defaults in the performance of or compliance with any of the covenants, agreements, terms and conditions contained in this lease other than those referred to in the foregoing Paragraph 23.1.1, and such default shall continue for a period of thirty (30) 20 days after written notice thereof from Landlord to Tenant, and shall not be cured as permitted by Paragraph 23.9; 23.1.4 Tenant files a voluntary petition in bankruptcy or is adjudicated a bankrupt or insolvent, or takes the benefit of any relevant legislation that may be in force for bankrupt or insolvent debtors or files any petition or answer seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief for itself under any present or future federal, state or other statute, law or regulation, or proceedings are taken by Tenant under any relevant Bankruptcy Act in force in any jurisdiction available to Tenant, or Tenant seeks or consents to or acquiesces in the appointment of any trustee, receiver or liquidator of Tenant or of all or any substantial part of its properties or of the premisesPremises, or makes any general assignment for the benefit of creditors; 23.1.5 A petition is filed against Tenant seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any present or future federal, state or other statute, law or regulation, and shall remain undismissed for an aggregate of 120 days, or if any trustee, receiver or liquidator of Tenant or of all or any substantial part of its properties or of the premises Premises is appointed without the consent or acquiescence of Tenant and such appointment remains unvacated for an aggregate of 20 120 days.

Default Defined. Any one or more of the following events (each of which is herein sometimes called "event of default") shall constitute a default: 23.1.1 21.1.1 Tenant defaults in the due and punctual payment of any rentRent, taxes, tax deposits, insurance premiums, maintenance fees or other sums required to be paid by Tenant under this lease Lease when and as the same shall become due and payable; provided, however, that Tenant shall have a right to cure such event of default: (a) for the first occurrence in a calendar year, not later than 5 days after receipt of written notice of such non-payment by Landlord, and (b) for the second occurrence within ten a calendar year, within five (105) days after such payment is due, without a notice requirement. For a third and subsequent occurrence within such calendar year, it shall be an event of default if Tenant defaults in the due and punctual payment of any Rent, taxes, tax deposits, insurance premiums, maintenance fees or other sums required to be paid by Tenant under this Lease when due;and as the same shall become due and payable. 23.1.2 21.1.2 Tenant abandons the premisesPremises; 23.1.3 21.1.3 Tenant defaults in the performance of or compliance with any of the covenants, agreements, terms and conditions contained in this lease Lease other than those referred to in the foregoing Paragraph 23.1.1Section 21.1.1, and such default shall continue for a period of thirty (30) 10 business days after written notice thereof from Landlord to Tenant, and shall not be cured as permitted by Paragraph 23.9Section 21.9; 23.1.4 21.1.4 Tenant files a voluntary petition in bankruptcy or is adjudicated a bankrupt or insolvent, or takes the benefit of any relevant legislation that may be in force for bankrupt or insolvent debtors or files any petition or answer seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief for itself under any present or future federal, state or other statute, law or regulation, or proceedings are taken by Tenant under any relevant Bankruptcy Act in force in any jurisdiction available to Tenant, or Tenant seeks or consents to or acquiesces in the appointment of any trustee, receiver or liquidator of Tenant or of all or any substantial part of its properties or of the premisesPremises, or makes any general assignment for the benefit of creditors; 23.1.5 21.1.5 A petition is filed against Tenant seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any present or future federal, state or other statute, law or regulation, and shall remain undismissed for an aggregate of 120 days, or if any trustee, receiver or liquidator of Tenant or of all or any substantial part of its properties or of the premises Premises is appointed without the consent or acquiescence of Tenant and such appointment remains unvacated for an aggregate of 20 days.