Default under the Lease. In the event of any default of Assignee under the Lease, Landlord may proceed directly against Assignee, any guarantors or anyone else liable under the Lease without first exhausting Landlord’s remedies against any other person or entity liable thereon to Landlord.
Default under the Lease. If Landlord transfers the Premises during the Lease Term, and if a letter of credit is still posted as part of the Security Deposit, Tenant agrees to take such actions as are necessary to have the letter of credit redrawn in favor of the new owner of the Premises, at Tenant's sole cost and expense.
Default under the Lease. Landlord agrees to provide Lender with written notice of any default by Company under the Lease at the same time as it sends such notice to Company. No obligation of Landlord to provide notice under this paragraph in any way limits Landlord’s rights, powers or remedies with regard to Company under the Lease.
Default under the Lease. Landlord agrees to provide Agent with (a) a copy of any cancellation, amendment, consent, or waiver under the Lease, and (b) written notice of any default by Company under the Lease (a “Default Notice”) at the same time as it sends such notice to Company; provided, that (i) Agent shall have at least thirty (30) days following receipt of such Default Notice to cure such default before the Lease terminates, and (ii) Agent shall not be under any obligation to cure any default by Company under the Lease. No action by Agent pursuant to this Agreement shall constitute or be deemed to be an assumption by Agent of any obligation under the Lease, and Agent shall not have any obligation to Landlord.
Default under the Lease. Any default shall occur under the Lease or the other documents executed in connection therewith and remain uncured beyond any applicable grace period; or
Default under the Lease. In the event of any default of Assignor or Assignee under the Lease, Landlord may proceed directly against Assignor or Assignee, as applicable, any guarantors or anyone else liable under the Lease (but, as to Assignor, only for any act or omission prior to the Assignment Date consistent with the release in Section 6 below, and, as to Assignee, only for any action or omission on or after the Assignment Date) without first exhausting Landlord's remedies against any other person or entity liable thereon to Landlord. Notwithstanding the foregoing, any act or omission of Assignor or Assignee or anyone claiming under or through Assignor or Assignee that violates any of the provisions of the Lease shall be deemed a violation of the Lease by Assignor or Assignee, respectively (but, as to Assignor, only for any act or omission prior to the Assignment Date consistent with the release in Section 6 below, and, as to Assignee, only for any action or omission on or after the Assignment Date).
Default under the Lease. Any default shall occur under the Lease or the other documents executed in connection therewith and remain uncured beyond any applicable grace period; then, and in any such event, and at any time thereafter if any Event of Default shall then be continuing, the Agent may, and upon the written or telex request of the Required Lenders, shall, by written notice to Borrower, take any or all of the following actions, without prejudice to the rights of the Agent, any Lender or the holder of any Note to enforce its claims against Borrower or any other Credit Party: (i) declare all Commitments terminated, whereupon the pro rata Commitments of each Lender shall terminate immediately and any Commitment Fee shall forthwith become due and payable without any other notice of any kind; and (ii) declare the principal of and any accrued interest on the Loans, and all other obligations owing hereunder, to be, whereupon the same shall become, forthwith due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby waived by Borrower; provided, that, if an Event of Default specified in Section 9.7 shall occur, the result which would occur upon the giving of written notice by the Agent to any Credit Party, as specified in clauses (i) and (ii) above, shall occur automatically without the giving of any such notice.
Default under the Lease. If Tenant should fail to deliver such statements to Landlord within three (3) Business Days after receipt of such Second Estoppel Notice, such failure shall be deemed to be an Event of Default under the Lease, without further notice or opportunity to cure.
Default under the Lease. In the event of any default of Tenant or Sublessee under the Lease, County may proceed directly against Tenant, Guarantor, or any other guarantors, or anyone else liable under the Lease without first exhausting County's remedies against any other person or entity liable under the Lease to County.
Default under the Lease. Sublessee covenants that it will not do or cause to be done or fail to do or suffer or permit anything to be done by Sublessee, its officers, agents, invites, licensees, successors, assigns or employees which would or might cause the Lease or the rights of Sublessor, as tenant thereunder, to be canceled, terminated or forfeited or which would make Sublessor liable for damages, claims or penalties.
