Laserfiche WebLink
(01) If Lessee (or any successor or assign) shall, prior to Substantial Completion: <br /> <br />(a) <br /> <br />Default in or violate its obligations with respect to the construction of the <br />Improvements, or shall abandon or substantially suspend construction work, <br />and any default or violation, abandonment or suspension shall not be cured, <br />ended or remedied within thirty (30) days after written demand by Lessor so <br />to do, or does not provide evidence satisfactory to Lessor that such Event of <br />Default is not curable within thirty (30) days but will be cured as soon as <br />reasonably possible; or <br /> <br />(b) <br /> <br />Fail to pay the Impositions or any part thereof when due, or shall place <br />thereon any encumbrance or lien unauthorized by this Lease Agreement, or <br />shall suffer any levy or attachment to be made, or any materialmen's or <br />mechanic's liens, or any other unauthorized encumbrance or liens to attach, <br />and such Impositions shall not have been paid or the encumbrance or lien <br />removed or discharged, or provisions satisfactory to Lessor made for such <br />payments, removal or discharge, within thirty (30) days after written demand <br />by Lessor so to do; or <br /> <br />(c) <br /> <br />Sell or assign, in violation of this Lease Agreement, its interest in this Lease <br />Agreement, the Improvements, the Leasehold Property or any part thereof, <br />and such violation shall not be cured within thirty (30) days after written <br />demand by Lessor to Lessee, or does not provide evidence satisfactory to <br />Authority that such Event of Default is not curable within thirty (30) days but <br />will be cured as soon as reasonably possible; or <br /> <br />(d) <br /> <br />Fail to comply with any covenants under this Lease Agreement and fail to cure <br />any such noncompliance within thirty (30) days after written demand to do so, <br />or does not provide evidence satisfactory to Lessor that such Event of Default <br />is not curable within thirty (30) days but will be cured as soon as reasonably <br />possible; or <br /> <br />(e) <br /> <br />Default under the terms of a mortgage loan authorized by Lessor, for which <br />the mortgagee elects to pursue a remedy or expresses an intent to pursue a <br />remedy, and shall fail to cure such default within thirty (30) days after written <br />notice from Lessor to do so; <br /> <br />then Lessor shall have all of the rights set forth in Article 12 of this Lease Agreement. <br /> <br /> 7.2) Other Improvements - Lessee will not construct or reconstruct any improvements or <br />alter any existing improvements on the Leasehold Properly (other than the Improvements constructed <br />in accordance with approved Construction Plans) without the express prior written consent of Lessor. <br /> <br />BURNIS 566679.3 9 of 22 <br /> <br /> <br />