Default Generally. Tenant shall be in default of this Lease upon the occurrence of any of the following: (i) Tenant fails to abide by any term of this Lease, (ii) Tenant files a petition in bankruptcy, (iii) Tenant fails to timely pay Rent, Additional Rent, or other amounts owed to Landlord under this Lease, (iv) Tenant fails to reimburse Landlord for any damages, repairs or costs to the Premises (other than normal wear and tear) caused by the actions, neglect or intentional wrongdoing of Tenant or members of Tenant’s household and their invitees, licensees, and guests, (v) Tenant abandons the Premises prior to the end of the Lease, (vi) Tenant shuts off any of the utilities serving the Premises without the consent of Landlord, and/or (vii) Tenant fails to maintain Minimum Required Insurance or pay the Purchase Cost, as defined herein (each an “Event of Default”).
Appears in 2 contracts
Sources: Residential Lease Agreement, Residential Lease Agreement