TENANT'S DEFAULT. It shall be an "Event of Default" if Tenant shall (i) fail to pay any monthly installment of Base Rent or Tenant's Pro Rata Share of Excess Operating Costs, or any other sum payable hereunder within 10 days after such payment is due and payable; (ii) violate or fail to perform any conditions, covenants, or agreements herein made by Tenant respecting Tenant's insurance requirements as specified in paragraph 6.2, and such violation or failure shall continue for 5 business days after written notice thereof to Tenant by Landlord; (iii) violate or fat to perform any of the other conditions, covenants or agreements herein made by Tenant, and such violation or failure shall continue for 15 days after written notice thereof to Tenant by Landlord; provided, however, of such default is of a nature that it cannot reasonably be cured within 15 days, it shall not be an Event of Default of Tenant commences to cure within such 15 day period and diligently prosecunes such cure to completion within the time reasonably required for such cure, not to exceed 60 days; (iv) make a general assignment for the benefit of its creditors or file a petition for bankruptcy or other reorganization, liquidation, dissolution or similar relief; (v) have a proceeding filed against Tenant seeking any relief mentioned in (v) above; (vi) have a trustee, receiver or liquidator appointed for Tenant or a substantial part of as property; (vii) abandon or vacate the Leased Premises and any portion of Rent is delinquent; (viii) default under any other lease, of any, within the Building or the Project; or (ix) if Tenant is a partnership, of any partner of the partnership is involved in any of the acts or events described in subparagraphs (i) through (viii) above.
TENANT'S DEFAULT. The occurrence of any of the following shall constitute a material default and breach of this Lease by Tenant: (i) Tenant's failure to pay the Base Monthly Rent including additional rent or any other payment due under this Lease within five (5) business days after Tenant's receipt of written notice of the late payment, (ii) the abandonment of the Premises by Tenant; (iii) Tenant's failure to observe and perform any other required provision of this Lease, where such failure continues for thirty (30) days after written notice from Landlord; provided, however, that if the nature of the default is such that it cannot reasonably be cured within said 30-day period, Tenant shall not be deemed to be in default if it commences within such period to cure, and thereafter diligently prosecutes the same to completion; (iv) Tenant's making of any general assignment for the benefit of creditors; (v) the filing by or against Tenant of a petition to have Tenant adjudged a bankrupt or of a petition for reorganization or arrangement under any law relating to bankruptcy (unless, in the case of a petition filed against Tenant, the same is dismissed after the filing); (vi) the appointment of a trustee or receiver to take possession of substantially all of Tenant's assets located at the Premises or of Tenant's interest in this Lease, where possession is not restored to Tenant within thirty (30) days; or (vii) the attachment, execution or other judicial seizure of substantially all of Tenant's assets located at the Premises or of Tenant's interest in this Lease, where such seizure is not discharged within thirty (30) days.
TENANT'S DEFAULT means any of the events set forth in Section 11 hereof.
Examples of TENANT'S DEFAULT in a sentence
Nothing herein shall be construed to create or impose a duty on Landlord to mitigate any damages resulting from Tenant’s Default hereunder.
Landlord may continue this Lease in effect after Tenant’s Default and recover rent as it becomes due (Landlord and Tenant hereby agreeing that Tenant has the right to sublet or assign hereunder, subject only to reasonable limitations).
If tenant does, landlord has the right to cancel the lease as stated in the Tenant’s Default section.
Landlord shall not be liable for, nor shall Tenant’s obligations hereunder be diminished because of, Landlord’s failure to relet the Premises or collect rent due in respect of such reletting or otherwise to mitigate any damages arising by reason of Tenant’s Default.
CIV-FSS will then enter into a Subproject Agreement with the MGCS and the Participating Municipalities to ensure their participation in the Project and their commitment to operate and maintain the investments supported under the Project.
More Definitions of TENANT'S DEFAULT
TENANT'S DEFAULT or “Default”) of its obligations under this Lease if any of the following events shall occur:
TENANT'S DEFAULT. It shall be an "Event of Default" if Tenant shall (i) fail to pay any monthly installment of Base Rent or of Tenant's Pro Rata Share of Building Operating Costs or Project Operating Costs, or any other sum payable hereunder within 10 days after such payment is due and payable; (ii) violate or fail to perform any of the other conditions, covenants or agreements herein made by Tenant, and such violation or failure shall continue for 15 days after written notice thereof to Tenant by Landlord; (iii) make a general assignment for the benefit of its creditors or file a petition for bankruptcy or other reorganization, liquidation, dissolution or similar relief; (iv) have a proceeding filed against Tenant seeking any relief mentioned in (iii) above; (v) have a trustee, receiver or liquidator appointed for Tenant or a substantial part of its property; (vi) abandon or vacate the Leased Premises; (vii) default under any other lease, if any, within the Building or the Project; or (viii) if Tenant is a partnership, if any partner of the partnership is involved in any of the acts or events described in subparagraphs (i) through (vii) above.
TENANT'S DEFAULT if Tenant shall: (a) fail to pay any monthly installment of Base Rent or Additional Rent, or any other sum payable hereunder within ten (10) days of the due date; (b) violate or fail to perform any of the other covenants or agreements herein made by Tenant, and such violation or failure shall continue for thirty (30) days after written notice thereof to Tenant by Landlord, except that if within the thirty (30) day period Tenant commences and thereafter proceeds diligently to remedy the violation or failure, Tenant shall not be in default hereunder; (c) make a general assignment for the benefit of its creditors or file a petition for bankruptcy or other reorganization, liquidation, dissolution or similar relief; (d) fail to have dismissed within sixty (60) days of filing a proceeding filed against Tenant seeking any relief mentioned in (c) above; or (e) have a trustee, receiver or liquidator appointed for Tenant or a substantial part of its property.
TENANT'S DEFAULT. It shall be an "Event of Default" if Tenant shall (i) fail to pay any monthly installment of Base Rent, or any other sum payable hereunder within ten (10) days after such payment is due and payable; or (ii) violate or fail to perform any of the other conditions, covenants or agreements herein made by Tenant, and such violation or failure shall continue for fifteen (15) days after written notice thereof to Tenant by Landlord.
TENANT'S DEFAULT. The occurrence of any of the following shall constitute a material default and breach of this Lease by Tenant: (i) Tenant's failure to pay the Base Monthly Rent including additional rent or any other payment due under this Lease by the date such amount is due, where such failure continues for three (3) business days after written notice from Landlord; (ii) the abandonment of the Premises by Tenant, as defined in California Civil Code Section 1951.3; (iii) Tenant's failure to observe and perform any other required provision of this Lease, where such failure continues for thirty (30) days after written notice from Landlord, provided however that if the nature of the default is such that it cannot reasonably be cured within the 30-day period, Tenant shall not be deemed in default if it commences within such period to cure, and thereafter diligently prosecutes the same to completion; (iv) Tenant's making of any general assignment for the benefit of creditors;
TENANT'S DEFAULT. It shall be an "Event of Default" if Tenant shall (i) fail to pay any monthly installment of Base Rent or Tenant's Pro Rate Share of Excess Operating Costs, or any other sum payable hereunder within 10 days after such payment is due and payable; Landlord agrees to provide written notice once in a 12 month period during the lease term. (ii) violate or fail to perform any conditions, covenants, or agreements herein made by Tenant respecting Tenant's insurance requirements as specified in paragraph 6.2, and such violation or failure shall continue for 5 business days after written notice thereof to Tenant by Landlord; (iii) violate or fail to perform any of the other conditions, covenants or agreements herein made by Tenant, and such violation or failure shall continue for 15 days after written notice thereof to Tenant by Landlord; provided, however, if such default is of a nature that it cannot reasonably be
TENANT'S DEFAULT as used in this Lease shall mean the occurrence of any of the following events: