DEFAULTS OF TENANT. The following occurrences shall be deemed defaults by Tenant: a) Tenant shall fail to pay when due any rent or other sum payable under this Lease and such failure continues for five (5) days after written notice from Landlord. b) Tenant shall make a general assignment for the benefit of creditors or become bankrupt or insolvent, or file or have filed against it in any court a petition in bankruptcy or insolvency or for reorganization or for the appointment of a receiver or trustee. c) Tenant shall be in breach of any other obligation under this Lease, and such breach shall continue for thirty (30) days after written notice from Landlord.
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Sources: Lease Agreement (Shoulder Innovations, Inc.), Lease Agreement (Shoulder Innovations, Inc.)