Example ContractsClausesEvents of Default and Remedies.
Events of Default and Remedies.
Events of Default and Remedies. contract clause examples

EVENTS OF DEFAULT AND REMEDIES. An “Event of Default” shall be deemed to have occurred under this Note if:

Default and Remedies. If Subtenant defaults or breaches any of its obligations hereunder, in each instance beyond applicable notice and cure periods, if any, [[Organization A:Organization]] shall be entitled to exercise against Subtenant any or all of the rights and remedies set forth in the Lease which may be exercised by the Landlord upon an Event of Default (as defined in the Lease) by [[Organization A:Organization]] thereunder and all other rights and remedies provided by law, and such rights and default remedies shall be deemed incorporated herein by reference and shall apply to and be enforceable by [[Organization A:Organization]] against Subtenant and the Subleased Premises as if fully set forth herein. Without limiting the foregoing sentence, [[Organization A:Organization]] shall have the right (but not the obligation) after the expiration of any applicable notice and cure period, to itself cure any default on the part of Subtenant at the expense of Subtenant, without further notice to Subtenant, and all reasonable sums incurred by [[Organization A:Organization]] in performing such duty shall be due and payable upon demand by [[Organization A:Organization]]. Subtenant further agrees that any one or more of the following events shall constitute a "default" as said term is used herein, and after applicable notice and cure periods, shall constitute an “Event of Sublease Default”:

Events of Default; Acceleration; Remedies. The occurrence of any one or more of the following events shall constitute a default (an “Event of Default”) under this Agreement:

Default and Remedies. In the event that:

It shall be considered an “Event of Default” if:

. Any of the following shall constitute an Event of Default:

Default and Remedies. The occurrence of any default or event of default (“Default”), as defined in the Loan Agreement and/or the Loan Documents, shall constitute a Default of and under this Note.

It shall be considered an “Event of Default” if:

. Each of the following shall be an "Event of Default" if it occurs for any reason whatsoever, whether voluntary or involuntary, by operation of law or otherwise:

Default and Remedies. Subtenant shall be in material default of its obligations under this Sublease if Subtenant commits any act or omission which constitutes an event of default under the Master Lease, which has not been cured after delivery of written notice and passage of any applicable grace period provided in the Master Lease as modified, if at all, by the provisions of this Sublease. In the event of any default by Subtenant, Sublandlord shall have all remedies provided pursuant to [Section 19.2] of the Master Lease, as incorporated herein, and by applicable law, including damages that include the worth at the time of award of the amount by which the unpaid rent for the balance of the term after the time of award exceeds the amount of such rental loss that the lessee proves could be reasonably avoided and the remedy described in California Civil Code Section 1951.4 (lessor may continue lease in effect after lessee’s breach and abandonment and recover rent as it becomes due, if lessee has right to sublet or assign, subject only to reasonable limitations.)

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