Occurrence of Default. Any Transfer hereunder shall be subordinate and subject to the provisions of this Lease, and if this Lease shall be terminated during the term of any Transfer, Landlord shall have the right to:

Occurrence of Default. Any Transfer hereunder shall be subordinate and subject to the provisions of this Lease, and if this Lease shall be terminated during the term of any Transfer, ​ shall have the right to: # treat such Transfer as cancelled and repossess the Subject Space by any lawful means, or # require that such Transferee attorn to and recognize ​ as its ​ under any such Transfer. If ​ shall be in Default, ​ is hereby irrevocably authorized, as ​’s agent and attorney-in-fact, to direct any Transferee to make all payments under or in connection with the Transfer directly to ​ (which ​ shall apply towards ​’s obligations under this Lease) until such Default is cured. Such Transferee shall rely on any representation by ​ that ​ is in Default hereunder, without any need for confirmation thereof by ​. Upon any assignment, the assignee shall assume in writing all obligations and covenants of ​ thereafter to be performed or observed under this Lease. No collection or acceptance of rent by ​ from any Transferee shall be deemed a waiver of any provision of this [Article 14] or the approval of any Transferee or a release of ​ from any obligation under this Lease, whether theretofore or thereafter accruing. In no

Occurrence of GP Transaction. Simultaneously with the occurrence of the GP Transaction, notice that such transaction has occurred.

of the occurrence of any Default or Event of Default, and of the occurrence or existence of any event or circumstance that foreseeably will become a Default or Event of Default;

Default. (A) As of the Effective Date, the second sentence of Paragraph 58(d) of the Rider to the Original Lease is hereby deleted.

Default. No Default shall exist, or would result from such proposed Credit Extension or from the application of the proceeds thereof.

Default. If Seller has performed all of Seller’s obligations and fulfilled the conditions under this Agreement and, if within five (5) days after the date specified for Closing, the Buyer fails to make payment as required herein, through no fault of Seller, then Seller may, as its sole and exclusive remedy, cancel and terminate this Agreement and keep the earnest money deposit paid by the Buyer as liquidated damages. If Seller breaches this Agreement or fails to perform any of Seller’s obligations hereunder, then Buyer may as its sole remedy, # terminate this Agreement and receive a refund of all of the earnest money, or # seek specific performance of this Agreement pursuant to the remainder of this Paragraph 14.

Default. In the event either party commits a material breach or defaults in the performance or observance of any of the material provisions of this Agreement, and such breach or default is not cured within sixty (60) days after the receipt of notice thereof from the other party specifying such breach or default, the party not in breach or default shall be entitled (without prejudice to any of its other rights) to terminate this Agreement, without additional penalty, termination fee or cost, by giving notice to take effect immediately.

DEFAULT. The occurrence of any one of the following events shall constitute an Event of Default:

Default In the event commencing twelve (12) months after the Closing Date and ending twenty-four (24) months thereafter, the Purchaser is not permitted to resell any of the Conversion Shares without any restrictive legend or if such sales are permitted but subject to volume limitations or further restrictions on resale as a result of the unavailability to Subscriber of Rule 144(b)(1)(i) under the 1933 Act or any successor rule (a “144 Default”), for any reason except for Purchasers’ status as an Affiliate or “control person” of the Company, or as a result of a change in current applicable securities laws, then the Company shall pay such Purchaser as liquidated damages and not as a penalty an amount equal to two percent (2%) of the value of Conversion Shares (based on the closing sale of the Common Stock) subject to such 144 Default during the pendency of the 144 Default of each thirty day period thereafter (or portion thereof)