Common use of Default Event Clause in Contracts

Default Event. A Default Event occurs if: 21.1.1 the Tenant does not pay any money as required under this lease whether or not demand has been made; 21.1.2 the Tenant does not comply with any other obligation under this lease;

Appears in 4 contracts

Sources: Lease Agreement, Lease Agreement, Lease

Default Event. A Default Event occurs if: 21.1.1 the Tenant does not pay any money as required under this lease whether or not demand has been made;. 21.1.2 the Tenant does not comply with any other obligation under this lease;.

Appears in 2 contracts

Sources: Lease, Lease (Ground Lease)