Common use of Default Remedies Clause in Contracts

Default Remedies. If (a) Lessee shall default in the payment of any rent or in making any other payment hereunder when due, or (b) Lessee shall default in the payment when due of any indebtedness of Lessee to Lessor arising independently of this lease, or (c) Lessee shall default in the performance of any other covenant herein and such default shall continue for five days after written notice hereof to Lessee by Lessor, or (d) Lessee becomes insolvent or makes an assignment for the benefit of creditors, or (e) Lessee applies for or consents to the appointment of a receiver, trustee, or liquidator of Lessee or of all or a substantial part of the assets of Lessee under the Bankruptcy Act, or any amendment thereto (including, without limitation, a petition for reorganization, arrangement, or extension) or under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to exercise any one or more of the following remedies.

Appears in 11 contracts

Samples: Equipment Rental Agreement, Equipment Rental Agreement (Lease), Equipment Rental Agreement (Lease)

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Default Remedies. If (a) Lessee I shall default in the payment of any rent or in making any other payment hereunder when due, or (b) Lessee I shall default in the payment when due of any indebtedness of Lessee Mine to Lessor You arising independently of this leaseEQUIPMENT RENTAL (LEASE) AGREEMENT, or (c) Lessee I shall default in the performance of any other covenant herein and such default shall continue for five days after written notice hereof to Lessee Me by LessorYou, or (d) Lessee becomes I become insolvent or makes make an assignment for the benefit of creditors, or (e) Lessee applies I apply for or consents consent to the appointment of a receiver, trustee, or liquidator of Lessee or of all or a substantial part of the My assets of Lessee under the Bankruptcy Act, or any amendment thereto (including, without limitation, a petition for reorganization, arrangement, or extension) or under any other insolvency law or law providing provided for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor You shall have the right to under any other insolvency law or law providing for the relief of debtors, then, if it and to the extent permitted by applicable law. Lessor You shall have the right to exercise any one or of more of the following remedies.

Appears in 3 contracts

Samples: Equipment Rental (Lease) Agreement, www.fluridaappliances.com, www.fluridaappliances.com

Default Remedies. If (a) Lessee shall default in the payment of any rent or in making any other payment hereunder when due, or (b) Lessee shall default in the payment when due of any indebtedness of Lessee to Lessor arising independently of this lease, or (c) Lessee shall default in the performance of any other covenant herein and such default shall continue for five days after written notice hereof to Lessee by Lessor, or (d) Lessee becomes insolvent or makes an assignment for the benefit of creditors, or (e) Lessee applies for or consents to the appointment of a receiver, trustee, or liquidator of Lessee or of all or a substantial part of the assets of Lessee under the Bankruptcy Act, or any amendment thereto (including, without limitation, a petition for reorganization, arrangement, or extension) or under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to exercise any one or more of the following remedies.:

Appears in 2 contracts

Samples: Equipment Rental Agreement, Equipment Rental Agreement

Default Remedies. If (a) Lessee shall default in the payment of any rent or in making any other payment hereunder when due, or (b) Lessee shall default in the payment when due of any indebtedness of Lessee to Lessor arising independently of this lease, or (c) Lessee shall default in the performance of any other covenant herein and such default shall continue for five days after written notice hereof to Lessee by Lessor, or (d) Lessee becomes insolvent or makes an assignment for the benefit of creditors, or (e) Lessee applies for or consents to the appointment of a receiver, trustee, or liquidator of Lessee or of all or a substantial part of the assets of Lessee under the Bankruptcy Act, or any amendment thereto (including, without limitation, a petition for reorganization, arrangement, or extension) or under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to exercise any one or more of the following remedies.

Appears in 1 contract

Samples: Equipment Rental Agreement

Default Remedies. If (a) Lessee shall default in the payment of any rent or in making any other payment hereunder when due, or (b) Lessee shall default in the payment when due of any indebtedness of Lessee to Lessor arising independently of this lease, or (c) Lessee shall default in the performance of any other covenant herein and such default shall continue for five days after written notice hereof to Lessee by to Lessor, or (d) Lessee becomes insolvent or makes an assignment for the benefit of creditors, or (e) Lessee applies for or consents the consent to the appointment of a receiver, trustee, or liquidator of Lessee or of all or a substantial part of the assets of Lessee under the Bankruptcy Act, or any amendment thereto (including, including without limitation, a petition for reorganization, arrangement, or extension) or under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to exercise any one or more of the following remedies.

Appears in 1 contract

Samples: Equiptment Rental Agreement

Default Remedies. If (a) Lessee Rentee shall default in the payment of any rent or in making any other payment hereunder when due, or (b) Lessee Rentee shall default in the payment when due of any indebtedness of Lessee Rentee to Lessor Rentor arising independently of this leaserental agreement, or (c) Lessee Rentee shall default in the performance of any other covenant herein and such default shall continue for five days after written notice hereof to Lessee Rentee by LessorRentor, or (d) Lessee Rentee becomes insolvent or makes an assignment for the benefit of creditors, or (e) Lessee Rentee applies for or consents to the appointment of a receiver, trustee, trustee or liquidator of Lessee Rentee or of all or a substantial part of the assets of Lessee Rentee under the Bankruptcy Act, or any amendment thereto (including, without limitation, a petition for reorganization, arrangement, arrangement or extension) or under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor Rentor shall have the right to exercise any one or more of the following remedies.

Appears in 1 contract

Samples: Equipment Rental Agreement

Default Remedies. If (a) Lessee Renter shall default in the payment of any rent or in making any other payment hereunder when due, or (b) Lessee Renter shall default in the payment when due of any indebtedness of Lessee Renter to Lessor Owner arising independently of this lease, or (c) Lessee Renter shall default in the performance of any other covenant herein and such default shall continue for five days one day after written notice hereof to Lessee Renter by LessorOwners, or (d) Lessee Renter becomes insolvent or makes an assignment for the benefit of creditors, or (e) Lessee Renter applies for or consents to the appointment of a receiver, trustee, or liquidator of Lessee Renter or of all or a substantial part of the assets of Lessee Renter under the Bankruptcy Act, or any amendment thereto (including, without limitation, a petition for reorganization, sequestration arrangement, or extension) or under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor Owner shall have the right to under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor Owner shall have the right to exercise any one or more of the following remedies.:

Appears in 1 contract

Samples: Excavator Rental Agreement

Default Remedies. If (a) Lessee Rentee shall default in the payment of any rent or in making any other payment hereunder when due, or (b) Lessee Rentee shall default in the payment when due of any indebtedness of Lessee Rentee to Lessor arising independently of this leaserental agreement, or (c) Lessee Rentee shall default in the performance of any other covenant herein and such default shall continue for five days after written notice hereof to Lessee Rentee by Lessor, or (d) Lessee Rentee becomes insolvent or makes an assignment for the benefit of creditors, or (e) Lessee Rentee applies for or consents to the appointment of a receiver, trustee, trustee or liquidator of Lessee Rentee or of all or a substantial part of the assets of Lessee Rentee under the Bankruptcy Act, or any amendment thereto (including, without limitation, a petition for reorganization, arrangement, arrangement or extension) or under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to exercise any one or more of the following remedies.

Appears in 1 contract

Samples: mytennisbuddy.be

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Default Remedies. If (a) Lessee shall default in the payment of any rent or in making any other payment hereunder when due, or (b) Lessee shall default in the payment when due of any indebtedness of Lessee to Lessor arising independently of this lease, or (c) Lessee shall default in the performance of any other covenant herein and such default shall continue for five (5) days after written notice hereof to Lessee by Lessor, or (d) Lessee becomes insolvent or makes an assignment for the benefit of creditors, or (e) Lessee applies for or consents to the appointment of a receiver, trustee, or liquidator of Lessee or of all or a substantial part of the assets of Lessee under the Bankruptcy ActBankruptcyAct, or any amendment thereto (including, without limitation, a petition for reorganization, arrangement, or extension) or under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to exercise any one or more of the following remedies.:

Appears in 1 contract

Samples: General Terms and Conditions of Equipment Rental Agreement

Default Remedies. If (a) Lessee shall default in the payment of any rent or in making any other payment hereunder when due, or (b) Lessee shall default in the payment when due of any indebtedness of Lessee to Lessor arising independently of this lease, or (c) Lessee shall default in the performance of any other covenant herein and such default shall continue for five days after written notice hereof to Lessee by Lessor, or (d) Lessee becomes insolvent or makes an assignment for the benefit of creditors, or (e) Lessee applies for or consents to the appointment of a receiver, trustee, or liquidator of Lessee or of all or a substantial part of the assets of Lessee under the Bankruptcy Act, or any amendment thereto (including, without limitation, a petition for reorganization, arrangement, or extension) or under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to exercise any one or more of the following remedies.. (b) (c) (d)

Appears in 1 contract

Samples: Equipment Rental Agreement

Default Remedies. If (a) Lessee shall default in the payment of any rent or in making any other payment hereunder when due, or (b) Lessee shall default in the payment when due of any indebtedness of Lessee to Lessor arising independently of this lease, or (c) Lessee shall default in the performance of any other covenant herein and such default shall continue for five days after written notice hereof to Lessee by Lessor, or (d) Lessee becomes insolvent or makes an assignment for the benefit of creditors, or (e) Lessee applies for or consents to the in appointment of a receiver, trustee, or liquidator of Lessee or of all or a substantial part of the assets of Lessee under the Bankruptcy Act, or any amendment thereto (including, without limitation, a petition for reorganization, arrangement, or extension) or under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to exercise any one or more of the following remedies.

Appears in 1 contract

Samples: Hydrant Meter Rental Agreement

Default Remedies. If (a) Lessee shall default in the payment of any rent or in making any other payment hereunder when due, or (b) Lessee shall default in the payment when due of any indebtedness of Lessee to Lessor arising independently of this lease, or (c) Lessee shall default in the performance of any other covenant herein and such default shall continue for five days after written notice hereof to Lessee by Lessor, or (d) Lessee becomes insolvent or makes an assignment for the benefit of creditors, or (e) Lessee applies for or consents to the appointment of a receiver, trustee, or liquidator of Lessee or of all or a substantial part of the assets of Lessee under the Bankruptcy Act, or any amendment thereto (including, without limitation, a petition for reorganization, arrangement, or extension) or under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to exercise any one or more of the following remedies.

Appears in 1 contract

Samples: Event Production Agreement

Default Remedies. If (a) Lessee shall default in the payment of any rent or in making any other payment hereunder when due, or (b) Lessee shall default in the payment when due of any indebtedness of Lessee to Lessor arising independently of this lease, or (c) Lessee shall default in the performance of any other covenant herein and such default shall continue for five (5) days after written writ- ten notice hereof to Lessee by Lessor, or (d) Lessee becomes insolvent or makes an assignment for the benefit of creditors, or (e) Lessee applies for or consents to the appointment of a receiver, trustee, or liquidator of Lessee or of all or a substantial part of the assets of Lessee under the Bankruptcy Act, or any amendment thereto (including, without limitation, a petition for reorganization, arrangementarrange- ment, or extension) or under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable law. Lessor shall have the right to under any other insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by applicable ap- plicable law. Lessor shall have the right to exercise any one or more of the following remedies.:

Appears in 1 contract

Samples: General Terms and Conditions of Equipment Rental Agreement

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