Common use of Events Constituting Default Clause in Contracts

Events Constituting Default. The following events shall constitute default on this Lease. a.) Nonpayment by the Lessee of any sum required to be paid by the Lessee under the terms of the Lease; b.) Nonperformance by the Lessee or Lessor of any covenant or condition of the Lease.

Events Constituting Default. The following events shall constitute default on this Lease. a.) Nonpayment by the Lessee of any sum required to be paid by the Lessee under the terms of the Lease; Lease at least 30 days prior to the event. b.) Nonperformance by the Lessee or Lessor of any covenant or condition of the Lease.