Common use of LESSEE'S DEFAULT Clause in Contracts

LESSEE'S DEFAULT. The occurrence of any one or more of the following events shall constitute a default and breach of this Lease by Lessee: (a) The vacation or abandonment of the Premises by the Lessee. (b) The failure by Lessee to make any payment of Rent or any other payment required hereunder after receiving ten (10) days written notice that Lessee has failed to make such payment by the date said payment is due. (c) The failure of Lessee to observe, perform or comply with any of the conditions or provisions of this Lease for a period of thirty (30) days after written notice, or such additional time as may be reasonably required to remedy the same by appropriate action promptly commenced and diligently continued. (d) Lessee becoming the subject of any bankruptcy (including reorganization or arrangement proceedings pursuant to any bankruptcy act) or insolvency proceeding whether voluntary or involuntary. (e) The use or storage by Lessee of Hazardous Materials on the Premises other than as permitted by the provisions of Section 27 of this Lease for a period of thirty (30) days after written notice or such additional time as may be reasonably necessary to remedy the same by appropriate action promptly commenced and diligently continued.

LESSEE'S DEFAULT. The occurrence of any one or more of the following events shall constitute a default and breach of this Lease by Lessee: (a) The vacation or abandonment of the Premises by the Lessee. (b) The failure by Lessee to make any payment of Rent or any other payment required hereunder after receiving ten (10) days written notice that Lessee has failed to make such payment by the date said payment is duehereunder. (cb) The failure of Lessee to observe, perform or comply with any of the conditions or provisions of this Lease for a period period, unless otherwise noted herein, of thirty fifteen (3015) days after written notice, or provided that, in the event of a failure which cannot reasonably be cured within fifteen (15) days, Lessee shall not be in default if it commences to cure within such additional time as may be reasonably required to remedy the same by appropriate action promptly commenced period and diligently continuedpursues completion as soon as reasonably possible. (dc) The Lessee becoming the subject of any bankruptcy (including reorganization or arrangement proceedings pursuant to any bankruptcy act) or insolvency proceeding whether voluntary or involuntary. (ed) The use Lessee using or storage by Lessee of storing Hazardous Materials on the Premises other than as permitted by the provisions of Section 27 Paragraph 28 below. (e) The vacation of this the Premises, unless all Lease for a period obligations of thirty Lessee are met during such vacation. (30f) days after written notice or such additional time Lessee fails to deliver an estoppel certificate as may be reasonably necessary to remedy the same by appropriate action promptly commenced and diligently continuedrequired under Paragraph 18.