{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "tenant-fails-to-pay", "type": "clause", "offset": [65, 84]}, {"key": "monthly-rental", "type": "clause", "offset": [89, 103]}, {"key": "additional-rent", "type": "definition", "offset": [119, 134]}, {"key": "days-after", "type": "definition", "offset": [151, 161]}, {"key": "other-amounts-due", "type": "clause", "offset": [206, 223]}, {"key": "from-tenant", "type": "clause", "offset": [233, 244]}, {"key": "within-thirty", "type": "clause", "offset": [245, 258]}, {"key": "notice-thereof", "type": "clause", "offset": [283, 297]}, {"key": "from-landlord", "type": "clause", "offset": [298, 311]}, {"key": "to-tenant", "type": "clause", "offset": [312, 321]}, {"key": "other-term", "type": "clause", "offset": [366, 376]}, {"key": "under-this-lease", "type": "clause", "offset": [421, 437]}, {"key": "period-of", "type": "clause", "offset": [444, 453]}, {"key": "after-notice", "type": "definition", "offset": [471, 483]}, {"key": "nature-of", "type": "clause", "offset": [538, 547]}, {"key": "default-shall", "type": "definition", "offset": [648, 661]}, {"key": "if-tenant", "type": "clause", "offset": [691, 700]}, {"key": "day-period", "type": "clause", "offset": [752, 762]}, {"key": "required-action", "type": "definition", "offset": [803, 818]}, {"key": "reasonable-time", "type": "clause", "offset": [828, 843]}, {"key": "tenant-shall", "type": "clause", "offset": [849, 861]}, {"key": "assign-or-sublet", "type": "clause", "offset": [862, 878]}, {"key": "a-portion", "type": "definition", "offset": [886, 895]}, {"key": "premises-in", "type": "clause", "offset": [910, 921]}, {"key": "article-11", "type": "definition", "offset": [957, 967]}, {"key": "all-of-tenant", "type": "definition", "offset": [1008, 1021]}, {"key": "in-this-lease", "type": "clause", "offset": [1075, 1088]}, {"key": "under-execution", "type": "definition", "offset": [1112, 1127]}, {"key": "to-secure", "type": "clause", "offset": [1326, 1335]}, {"key": "in-writing", "type": "clause", "offset": [1414, 1424]}, {"key": "by-tenant", "type": "clause", "offset": [1425, 1434]}, {"key": "unable-to-pay", "type": "definition", "offset": [1464, 1477]}, {"key": "assignment-for-the-benefit-of-creditors", "type": "clause", "offset": [1531, 1570]}, {"key": "insolvency-action", "type": "definition", "offset": [1604, 1621]}, {"key": "trustee-in-bankruptcy", "type": "clause", "offset": [1663, 1684]}, {"key": "set-aside", "type": "clause", "offset": [1755, 1764]}, {"key": "in-addition-to-the-above", "type": "clause", "offset": [1801, 1825]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [1836, 1858]}, {"key": "a-separate", "type": "definition", "offset": [2093, 2103]}], "snippet": "The occurrence of any of the following shall be a \"Default\":\n(a) Tenant fails to pay any Monthly Rental Installment or Additional Rent within ten (10) days after the same is due, or Tenant fails to pay any other amounts due Landlord from Tenant within thirty (30) days after written notice thereof from Landlord to Tenant.\n(b) Tenant fails to perform or observe any other term, condition, covenant or obligation required under this Lease for a period of thirty (30) days after notice thereof from Landlord; provided, however, that if the nature of Tenant's default is such that more than thirty (30) days are reasonably required to cure, then such default shall be deemed to have been cured if Tenant commences such performance within said thirty (30) day period and thereafter diligently completes the required action within a reasonable time.\n(c) Tenant shall assign or sublet all or a portion of the Leased Premises in contravention of the provisions of Article 11 of this Lease.\n(d) All or substantially all of Tenant's assets in the Leased Premises or Tenant's interest in this Lease are attached or levied under execution (and Tenant does not discharge the same within sixty (60) days thereafter); a petition in bankruptcy, insolvency or for reorganization or arrangement is filed by or against Tenant (and Tenant fails to secure a stay or discharge thereof within sixty (60) days thereafter); the admission in writing by Tenant that Tenant is insolvent and unable to pay its debts as they become due; Tenant makes a general assignment for the benefit of creditors; Tenant takes the benefit of any insolvency action or law; the appointment of a receiver or trustee in bankruptcy for Tenant or its assets if such receivership has not been vacated or set aside within thirty (30) days thereafter. In addition to the above Defaults, the parties agree that if there shall be three (3) or more Defaults under paragraph (a) of this section during any twelve (12) month period, regardless of whether such Defaults are ultimately cured, then such Defaults shall, at Landlord's option, represent a separate Default.", "samples": [{"hash": "kubJfwQEZNK", "uri": "/contracts/kubJfwQEZNK#default", "label": "Office Lease (Interactive Intelligence Group, Inc.)", "score": 25.3586578369, "published": true}, {"hash": "j6JORw1FsgY", "uri": "/contracts/j6JORw1FsgY#default", "label": "Office Lease (Interactive Intelligence Group, Inc.)", "score": 25.3586578369, "published": true}, {"hash": "bE5MBQabrrr", "uri": "/contracts/bE5MBQabrrr#default", "label": "Office Lease (Interactive Intelligence Group, Inc.)", "score": 25.3586578369, "published": true}], "size": 324, "hash": "83358e8c4840a1a2148552f95e57cc4f", "id": 13}, {"snippet_links": [{"key": "at-any-time", "type": "clause", "offset": [39, 50]}, {"key": "in-arrears", "type": "definition", "offset": [54, 64]}, {"key": "days-after", "type": "definition", "offset": [89, 99]}, {"key": "written-notice", "type": "definition", "offset": [100, 114]}, {"key": "from-landlord", "type": "clause", "offset": [115, 128]}, {"key": "the-covenants", "type": "definition", "offset": [203, 216]}, {"key": "conditions-of-this", "type": "clause", "offset": [233, 251]}, {"key": "within-thirty", "type": "clause", "offset": [315, 328]}, {"key": "tenant-shall", "type": "clause", "offset": [386, 398]}, {"key": "said-premises", "type": "definition", "offset": [417, 430]}, {"key": "during-the-term", "type": "clause", "offset": [431, 446]}, {"key": "assignment-for-the-benefit-of-creditors", "type": "clause", "offset": [473, 512]}, {"key": "action-or-proceeding", "type": "definition", "offset": [576, 596]}, {"key": "voluntary-or-involuntary", "type": "clause", "offset": [640, 664]}, {"key": "federal-bankruptcy", "type": "definition", "offset": [676, 694]}, {"key": "the-interest", "type": "definition", "offset": [851, 863]}, {"key": "under-execution", "type": "definition", "offset": [909, 924]}, {"key": "legal-process", "type": "definition", "offset": [934, 947]}, {"key": "landlord-may-enter", "type": "clause", "offset": [953, 971]}, {"key": "without-prejudice", "type": "definition", "offset": [1240, 1257]}, {"key": "right-of-the", "type": "clause", "offset": [1275, 1287]}, {"key": "rent-due", "type": "clause", "offset": [1347, 1355]}, {"key": "commencement-of", "type": "clause", "offset": [1390, 1405]}, {"key": "default-by-the-tenant", "type": "clause", "offset": [1498, 1519]}, {"key": "entry-by-the-landlord", "type": "clause", "offset": [1568, 1589]}, {"key": "in-case-of", "type": "clause", "offset": [1591, 1601]}, {"key": "at-tenant", "type": "definition", "offset": [1700, 1709]}, {"key": "not-limited", "type": "clause", "offset": [1732, 1743]}, {"key": "amount-of-rent", "type": "clause", "offset": [1926, 1940]}, {"key": "in-the-event-of", "type": "definition", "offset": [1964, 1979]}, {"key": "for-landlord", "type": "definition", "offset": [2043, 2055]}, {"key": "reasonable-attorney", "type": "definition", "offset": [2058, 2077]}], "snippet": "If said rent or any part thereof shall at any time be in arrears and unpaid for ten (10) days after written notice from Landlord or if said Tenant or its successors shall fail to keep and perform any of the covenants, agreements, or conditions of this Lease on its part to be performed, and the breach is not cured within thirty (30) days after written notice from Landlord, or if said Tenant shall abandon or vacate said premises during the term thereof, or shall make an assignment for the benefit of creditors, or if a receiver for the Tenant hereunder be appointed in any action or proceeding by or against the Tenant or if a petition (voluntary or involuntary) under the Federal Bankruptcy File Act or Acts amendatory thereof or supplemental thereto shall be filed by or against the Tenant, or if the Tenant should be adjudicated bankrupt, or if the interest of the Tenant in said premises shall be sold under execution or other legal process, the Landlord may enter in and upon said premises and again have and repossess and enjoy the same as if this Lease had not been made and, thereupon this Lease and everything contained herein on the part of said Landlord to be kept and performed shall cease and determine and be utterly void, without prejudice, however, to the right of the Landlord to recover from said Tenant or its successors all rent due up to the time of such entry. The commencement of a proceeding or suit in forcible entry and detainer or in ejectment or otherwise, after any default by the Tenant, shall be equivalent in every respect to actual entry by the Landlord. In case of any such default by said Tenant and entry by said Landlord, said Landlord may relet said premises at Tenant's cost (including but not limited to brokers and attorneys fees) for the remainder of said term for the highest rent obtainable, and may recover from said Tenant any deficiency between the amount so obtained and the amount of rent hereinbefore reserved. In the event of litigation regarding said default, Tenant shall be responsible for Landlord's reasonable attorney's fees.", "samples": [{"hash": "6aj2Yaqtook", "uri": "/contracts/6aj2Yaqtook#default", "label": "Lease Agreement (Retail Ventures Inc)", "score": 18.0, "published": true}, {"hash": "6MQOs2EwDkg", "uri": "/contracts/6MQOs2EwDkg#default", "label": "Lease Agreement (Retail Ventures Inc)", "score": 16.0, "published": true}], "size": 336, "hash": "89e9c671d1fa94386675bd34eb2eb9b5", "id": 12}, {"snippet_links": [{"key": "for-any-reason", "type": "clause", "offset": [3, 17]}, {"key": "breach-of-this-agreement", "type": "clause", "offset": [45, 69]}, {"key": "complete-the", "type": "clause", "offset": [86, 98]}, {"key": "the-closing-date", "type": "clause", "offset": [110, 126]}, {"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [135, 173]}, {"key": "liquidated-damages", "type": "definition", "offset": [190, 208]}, {"key": "the-\u2587", "type": "clause", "offset": [218, 223]}, {"key": "money-deposit", "type": "clause", "offset": [230, 243]}, {"key": "funds-deposited", "type": "clause", "offset": [258, 273]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [293, 315]}, {"key": "determine-the", "type": "clause", "offset": [367, 380]}, {"key": "actual-damages", "type": "definition", "offset": [392, 406]}, {"key": "date-of-this-agreement", "type": "clause", "offset": [478, 500]}, {"key": "reasonable-estimate", "type": "clause", "offset": [541, 560]}, {"key": "default-or-breach", "type": "clause", "offset": [636, 653]}, {"key": "not-a-penalty", "type": "clause", "offset": [662, 675]}, {"key": "in-the-performance", "type": "clause", "offset": [721, 739]}, {"key": "covenants-of", "type": "clause", "offset": [747, 759]}, {"key": "reasonable-period-of-time", "type": "clause", "offset": [818, 843]}, {"key": "delivery-to-the", "type": "clause", "offset": [854, 869]}, {"key": "exclusive-remedy", "type": "definition", "offset": [938, 954]}, {"key": "terminate-this-agreement", "type": "clause", "offset": [976, 1000]}, {"key": "notice-to-the", "type": "clause", "offset": [1014, 1027]}, {"key": "buyer-shall", "type": "clause", "offset": [1083, 1094]}, {"key": "no-other-remedies", "type": "clause", "offset": [1100, 1117]}, {"key": "termination-of-this-agreement", "type": "clause", "offset": [1207, 1236]}, {"key": "neither-buyer", "type": "clause", "offset": [1248, 1261]}, {"key": "agreement-or", "type": "definition", "offset": [1321, 1333]}, {"key": "survive-termination", "type": "clause", "offset": [1402, 1421]}, {"key": "in-the-event-of-a-dispute", "type": "clause", "offset": [1441, 1466]}, {"key": "escrow-holder", "type": "definition", "offset": [1577, 1590]}, {"key": "escrow-account", "type": "clause", "offset": [1637, 1651]}, {"key": "written-instructions", "type": "definition", "offset": [1681, 1701]}, {"key": "signed-by-the", "type": "clause", "offset": [1702, 1715]}, {"key": "the-buyer", "type": "clause", "offset": [1729, 1738]}, {"key": "final-order", "type": "definition", "offset": [1809, 1820]}, {"key": "court-in", "type": "clause", "offset": [1830, 1838]}, {"key": "the-action", "type": "definition", "offset": [1839, 1849]}, {"key": "exclusive-jurisdiction-and-venue", "type": "clause", "offset": [1993, 2025]}, {"key": "performance-of-this-agreement", "type": "clause", "offset": [2077, 2106]}, {"key": "distribution-of", "type": "clause", "offset": [2115, 2130]}, {"key": "prevailing-party", "type": "clause", "offset": [2183, 2199]}, {"key": "expenses-incurred-in-enforcing-this-agreement", "type": "clause", "offset": [2283, 2328]}, {"key": "attorney-fees-and-costs", "type": "clause", "offset": [2380, 2403]}], "snippet": "If for any reason, other than the Receiver\u2019s breach of this Agreement, Buyer fails to complete the Closing on the Closing Date, on the terms and conditions of this Agreement, the Receiver\u2019s liquidated damages shall be the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money Deposit and any other funds deposited with the Receiver. The parties agree that it would be impractical and extremely difficult to determine the Receiver\u2019s actual damages and that, taking into account all of the circumstances existing on the date of this Agreement, the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money Deposit represents a reasonable estimate of the Receiver\u2019s damages to be suffered by the Receiver by reason of such default or breach, and is not a penalty or forfeiture. If the Receiver shall default in the performance of any covenants of this Agreement, and does not remedy such default within a reasonable period of time following delivery to the Receiver of written notice from Buyer of such default, then Buyer\u2019s exclusive remedy shall be to elect to terminate this Agreement upon written notice to the Receiver and to be refunded the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money Deposit. Buyer shall have no other remedies if the Receiver defaults in the performance of any covenants of this Agreement. Upon any termination of this Agreement hereunder, neither Buyer nor Receiver shall have any further obligations under this Agreement or liability to the other except for those obligations which expressly survive termination of this Agreement. In the event of a dispute regarding the disbursement of the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money Deposit hereunder, the parties agree and acknowledge that the Escrow Holder shall retain the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money Deposit in its escrow account until it receives either (a) written instructions signed by the Receiver and the Buyer specifying how the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money Deposit is to be disbursed, or (b) a final order from the Court in the Action that specifies to whom the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money Deposit should be awarded. Receiver and Buyer agree that the Court sitting in the Action shall be the exclusive jurisdiction and venue for hearing and deciding any dispute regarding the performance of this Agreement and the distribution of the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money Deposit. In any such dispute, the prevailing party shall be entitled to recover from the other any necessary and reasonable costs and expenses incurred in enforcing this Agreement or seeking damages hereunder, including reasonable attorney fees and costs.", "samples": [{"hash": "fxo8XoHekvS", "uri": "/contracts/fxo8XoHekvS#default", "label": "Purchase and Sale Agreement", "score": 31.4139614105, "published": true}, {"hash": "izhdSmilQny", "uri": "/contracts/izhdSmilQny#default", "label": "Purchase and Sale Agreement", "score": 31.2415084839, "published": true}, {"hash": "ku0Yh6ePr51", "uri": "/contracts/ku0Yh6ePr51#default", "label": "Purchase and Sale Agreement", "score": 31.2250843048, "published": true}], "size": 359, "hash": "e4690d2d05b7aa96d1377d87548ca387", "id": 11}, {"snippet_links": [{"key": "if-either-party", "type": "clause", "offset": [0, 15]}, {"key": "defaulting-party", "type": "clause", "offset": [18, 34]}, {"key": "by-this-agreement", "type": "clause", "offset": [70, 87]}, {"key": "not-limited", "type": "clause", "offset": [104, 115]}, {"key": "section-93", "type": "clause", "offset": [144, 155]}, {"key": "undisputed-amounts", "type": "clause", "offset": [159, 177]}, {"key": "billing-party", "type": "definition", "offset": [185, 198]}, {"key": "provision-of", "type": "clause", "offset": [242, 254]}, {"key": "days-after", "type": "definition", "offset": [324, 334]}, {"key": "notice-thereof", "type": "clause", "offset": [343, 357]}, {"key": "other-party", "type": "definition", "offset": [367, 378]}, {"key": "notice-to-the", "type": "clause", "offset": [412, 425]}, {"key": "all-services", "type": "definition", "offset": [480, 492]}], "snippet": "If either Party (\u201cDefaulting Party\u201d) fails to make a payment required by this Agreement (including, but not limited to, any payment required by Section 9.3 of undisputed amounts to the billing Party) or materially breaches any other material provision of this Agreement, and such failure or breach continues for thirty (30) days after written notice thereof from the other Party, the other Party may, by written notice to the Defaulting Party, (a) suspend the provision of any or all Services hereunder, or (b) cancel this Agreement and terminate the provision of all Services hereunder.", "samples": [{"hash": "8E0zAaRpRu5", "uri": "/contracts/8E0zAaRpRu5#default", "label": "Service Agreement", "score": 34.922252655, "published": true}, {"hash": "aYFT5JstdLE", "uri": "/contracts/aYFT5JstdLE#default", "label": "Service Agreement", "score": 34.9113006592, "published": true}, {"hash": "5aBuFsuPAT4", "uri": "/contracts/5aBuFsuPAT4#default", "label": "Service Agreement", "score": 34.300868988, "published": true}], "size": 317, "hash": "fcd1019d1c993fe7ae4c8f1af193fee4", "id": 14}, {"snippet_links": [{"key": "the-contractor-shall", "type": "clause", "offset": [0, 20]}, {"key": "default-under", "type": "clause", "offset": [27, 40]}, {"key": "if-the-contractor", "type": "clause", "offset": [54, 71]}, {"key": "obligations-under-the", "type": "clause", "offset": [142, 163]}, {"key": "to-provide", "type": "clause", "offset": [184, 194]}, {"key": "performance-under", "type": "clause", "offset": [217, 234]}, {"key": "laws-of-the-united-states", "type": "definition", "offset": [308, 333]}, {"key": "material-misrepresentation", "type": "definition", "offset": [349, 375]}, {"key": "to-the-city", "type": "definition", "offset": [474, 485]}], "snippet": "The Contractor shall be in default under the Contract if the Contractor (a) fails to fully, timely and faithfully perform any of its material obligations under the Contract, (b) fails to provide adequate assurance of performance under Paragraph 24, (c) becomes insolvent or seeks relief under the bankruptcy laws of the United States or (d) makes a material misrepresentation in Contractor\u2019s Offer, or in any report or deliverable required to be submitted by the Contractor to the City.", "samples": [{"hash": "iUI996bEdrY", "uri": 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this Agreement. In the event either party should fail or refuse to perform according to the terms of this agreement, such party may be declared in default thereof.", "samples": [{"hash": "dpqG6n88dCV", "uri": "/contracts/dpqG6n88dCV#default", "label": "Intergovernmental Agreement", "score": 31.5016860962, "published": true}, {"hash": "b9Z5FhxyBAX", "uri": "/contracts/b9Z5FhxyBAX#default", "label": "Service Agreement", "score": 30.4228096008, "published": true}, {"hash": "3cScEfJdt37", "uri": "/contracts/3cScEfJdt37#default", "label": "Services Agreement", "score": 24.7604389191, "published": true}], "size": 248, "hash": "a86340f0ee64706e9853cd437b18743c", "id": 19}, {"snippet_links": [{"key": "except-as-otherwise-provided", "type": "clause", "offset": [5, 33]}, {"key": "under-this-lease", "type": "clause", "offset": [110, 126]}, {"key": "tenant-shall", "type": "clause", "offset": [135, 147]}, {"key": "pay-when-due", "type": "clause", "offset": [156, 168]}, {"key": "sum-of", "type": "clause", "offset": 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"this-article", "type": "definition", "offset": [1075, 1087]}, {"key": "hazardous-condition", "type": "definition", "offset": [1182, 1201]}, {"key": "notice-of", "type": "clause", "offset": [1217, 1226]}, {"key": "to-tenant", "type": "clause", "offset": [1240, 1249]}, {"key": "default-if", "type": "clause", "offset": [1312, 1322]}, {"key": "day-period", "type": "clause", "offset": [1390, 1400]}, {"key": "total-aggregate", "type": "definition", "offset": [1538, 1553]}, {"key": "cure-period", "type": "definition", "offset": [1554, 1565]}, {"key": "the-premises", "type": "clause", "offset": [1636, 1648]}, {"key": "termination-of-this-lease", "type": "clause", "offset": [1666, 1691]}, {"key": "lapse-of-time", "type": "clause", "offset": [1696, 1709]}, {"key": "of-tenant", "type": "clause", "offset": [1744, 1753]}, {"key": "right-to-possession", "type": "clause", "offset": [1756, 1775]}, {"key": "in-writing", "type": "clause", "offset": [1826, 1836]}, {"key": "inability-to-pay", "type": "definition", "offset": [1841, 1857]}, {"key": "in-bankruptcy", "type": "definition", "offset": [1914, 1927]}, {"key": "insolvency-statute", "type": "definition", "offset": [1967, 1985]}, {"key": "assignment-for-the-benefit-of-creditors", "type": "clause", "offset": [1995, 2034]}, {"key": "transfer-in", "type": "clause", "offset": [2043, 2054]}, {"key": "consent-to", "type": "definition", "offset": [2088, 2098]}, {"key": "appointment-of-a-receiver", "type": "clause", "offset": [2103, 2128]}, {"key": "substantial-part", "type": "definition", "offset": [2162, 2178]}, {"key": "bankruptcy-laws", "type": "clause", "offset": [2281, 2296]}, {"key": "in-effect", "type": "definition", "offset": [2305, 2314]}, {"key": "other-applicable-law", "type": "clause", "offset": [2344, 2364]}, {"key": "any-state", "type": "definition", "offset": [2400, 2409]}, {"key": "court-of-competent-jurisdiction", "type": "definition", "offset": [2428, 2459]}, {"key": "an-order", "type": "definition", "offset": [2472, 2480]}, {"key": "consent-of", "type": "clause", "offset": [2636, 2646]}, {"key": "laws-of-the-united-states", "type": "definition", "offset": [2769, 2794]}, {"key": "set-aside", "type": "clause", "offset": [2916, 2925]}, {"key": "date-of-entry", "type": "definition", "offset": [2968, 2981]}], "snippet": "18.1 Except as otherwise provided in Article 20, the following events shall be deemed to be Events of Default under this Lease:\n18.1.1 Tenant shall fail to pay when due any sum of money becoming due to be paid to Landlord under this Lease, whether such sum be any installment of the rent reserved by this Lease, any other amount treated as additional rent under this Lease, or any other payment or reimbursement to Landlord required by this Lease, whether or not treated as additional rent under this Lease, and such failure shall continue for a period of five (5) days after written notice that such payment was not made when due, but if any such notice shall be given, for the twelve (12) month period commencing with the date of such notice, the failure to pay within five (5) days after due any additional sum of money becoming due to be paid to Landlord under this Lease during such period shall be an Event of Default, without notice.\n18.1.2 Tenant shall fail to comply with any term, provision or covenant of this Lease which is not provided for in another Section of this Article and shall not cure such failure within twenty (20) days (forthwith, if the failure involves a hazardous condition) after written notice of such failure to Tenant provided, however, that such failure shall not be an event of default if such failure could not reasonably be cured during such twenty (20) day period, Tenant has commenced the cure within such twenty (20) day period and thereafter is diligently pursuing such cure to completion, but the total aggregate cure period shall not exceed ninety (90) days.\n18.1.3 Tenant shall fail to vacate the Premises immediately upon termination of this Lease, by lapse of time or otherwise, or upon termination of Tenant\u2019s right to possession only.\n18.1.4 Tenant shall become insolvent, admit in writing its inability to pay its debts generally as they become due, file a petition in bankruptcy or a petition to take advantage of any insolvency statute, make an assignment for the benefit of creditors, make a transfer in fraud of creditors, apply for or consent to the appointment of a receiver of itself or of the whole or any substantial part of its property, or file a petition or answer seeking reorganization or arrangement under the federal bankruptcy laws, as now in effect or hereafter amended, or any other applicable law or statute of the United States or any state thereof.\n18.1.5 A court of competent jurisdiction shall enter an order, judgment or decree adjudicating Tenant bankrupt, or appointing a receiver of Tenant, or of the whole or any substantial part of its property, without the consent of Tenant, or approving a petition filed against Tenant seeking reorganization or arrangement of Tenant under the bankruptcy laws of the United States, as now in effect or hereafter amended, or any state thereof, and such order, judgment or decree shall not be vacated or set aside or stayed within sixty (60) days from the date of entry thereof.", "samples": [{"hash": "11tgsRwD4gJ", "uri": "/contracts/11tgsRwD4gJ#default", "label": "Lease Agreement (Schrodinger, Inc.)", "score": 29.0232715607, "published": true}, {"hash": "gz7j8xNQg6d", "uri": "/contracts/gz7j8xNQg6d#default", "label": "Lease Agreement (LogMeIn, Inc.)", "score": 21.0, "published": true}, {"hash": "7TuEwpat5ft", "uri": "/contracts/7TuEwpat5ft#default", "label": "Lease Agreement (Petro Resources Corp)", "score": 21.0, "published": true}], "size": 263, "hash": "11749df6161b93d148dc82ce62f7bd04", "id": 18}, {"snippet_links": [{"key": "tenant-fails-to-pay", "type": "clause", "offset": [65, 84]}, {"key": "monthly-rental-installments", "type": 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"from-landlord", "type": "clause", "offset": [760, 773]}, {"key": "nature-of", "type": "clause", "offset": [806, 815]}, {"key": "default-shall", "type": "definition", "offset": [916, 929]}, {"key": "day-period", "type": "clause", "offset": [1020, 1030]}, {"key": "required-action", "type": "definition", "offset": [1071, 1086]}, {"key": "reasonable-time", "type": "clause", "offset": [1096, 1111]}, {"key": "the-leased-premises", "type": "definition", "offset": [1138, 1157]}, {"key": "default-under", "type": "clause", "offset": [1254, 1267]}, {"key": "financial-condition", "type": "clause", "offset": [1356, 1375]}, {"key": "business-days", "type": "clause", "offset": [1405, 1418]}, {"key": "request-for", "type": "clause", "offset": [1444, 1455]}, {"key": "to-pay-rent", "type": "clause", "offset": [1486, 1497]}, {"key": "maintenance-obligations", "type": "definition", "offset": [1514, 1537]}, {"key": "assign-or-sublet", "type": "clause", "offset": [1566, 1582]}, {"key": "a-portion", "type": "definition", "offset": [1590, 1599]}, {"key": "premises-in", "type": "clause", "offset": [1614, 1625]}, {"key": "article-11", "type": "definition", "offset": [1661, 1671]}, {"key": "all-of-tenant", "type": "definition", "offset": [1712, 1725]}, {"key": "in-this-lease", "type": "clause", "offset": [1779, 1792]}, {"key": "under-execution", "type": "definition", "offset": [1816, 1831]}, {"key": "to-secure", "type": "clause", "offset": [2030, 2039]}, {"key": "unable-to-pay", "type": "definition", "offset": [2128, 2141]}, {"key": "assignment-for-the-benefit-of-creditors", "type": "clause", "offset": [2195, 2234]}, {"key": "insolvency-action", "type": "definition", "offset": [2268, 2285]}, {"key": "trustee-in-bankruptcy", "type": "clause", "offset": [2327, 2348]}, {"key": "set-aside", "type": "clause", "offset": [2419, 2428]}, {"key": "within-thirty", "type": "clause", "offset": [2429, 2442]}, {"key": "termination-of", "type": "clause", "offset": [2490, 2504]}, {"key": "corporate-charter", "type": "definition", "offset": [2514, 2531]}, {"key": "a-corporation", "type": "clause", "offset": [2545, 2558]}, {"key": "in-addition-to-the", "type": "clause", "offset": [2560, 2578]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [2605, 2627]}, {"key": "notice-of-a", "type": "clause", "offset": [2655, 2666]}, {"key": "the-performance", "type": "clause", "offset": [2680, 2695]}, {"key": "condition-of", "type": "clause", "offset": [2742, 2754]}, {"key": "a-separate", "type": "definition", "offset": [2944, 2954]}], "snippet": "The occurrence of any of the following shall be a \u201cDefault\u201d:\n(a) Tenant fails to pay any Monthly Rental Installments or Additional Rent within five (5) days after the same is due; provided, however, relative to the first (1st) failure to timely pay such sums in any twelve (12) month period, Tenant shall not be in Default if Tenant makes full payment within five (5) days after receipt of written notice of such delinquency (i.e., Landlord shall not be required to provide written notice of delinquency more than one (1) time in any twelve (12) month period during the Lease Term).\n(b) Tenant fails to perform or observe any other term, condition, covenant or obligation required under this Lease for a period of thirty (30) days after written notice thereof from Landlord; provided, however, that if the nature of Tenant\u2019s default is such that more than thirty (30) days are reasonably required to cure, then such default shall be deemed to have been cured if Tenant commences such performance within said thirty (30) day period and thereafter diligently completes the required action within a reasonable time.\n(c) Tenant shall abandon the Leased Premises the Leased Premises for a period of thirty (30) days; provided, however, Tenant shall not be in Default under this Section 13.01(c) if Tenant provides reasonably satisfactory assurances of Tenant\u2019s financial condition and solvency within ten (10) business days after Landlord\u2019s written request for such assurances and continues to pay Rent and perform its maintenance obligations hereunder.\n(d) Tenant shall assign or sublet all or a portion of the Leased Premises in contravention of the provisions of Article 11 of this Lease.\n(e) All or substantially all of Tenant\u2019s assets in the Leased Premises or Tenant\u2019s interest in this Lease are attached or levied under execution (and Tenant does not discharge the same within sixty (60) days thereafter); a petition in bankruptcy, insolvency or for reorganization or arrangement is filed by or against Tenant (and Tenant fails to secure a stay or discharge thereof within sixty (60) days thereafter); Tenant is insolvent and unable to pay its debts as they become due; Tenant makes a general assignment for the benefit of creditors; Tenant takes the benefit of any insolvency action or law; the appointment of a receiver or trustee in bankruptcy for Tenant or its assets if such receivership has not been vacated or set aside within thirty (30) days thereafter; or, dissolution or other termination of Tenant\u2019s corporate charter if Tenant is a corporation. In addition to the Defaults described above, the parties agree that if Tenant receives written notice of a violation of the performance of any (but not necessarily the same) term or condition of this Lease three (3) or more times during any twelve (12) month period, regardless of whether such violations are ultimately cured, then such conduct shall, at Landlord\u2019s option, represent a separate Default.", "samples": [{"hash": "khfQf5AEuXB", "uri": "/contracts/khfQf5AEuXB#default", "label": "Lease Agreement (Grail, Inc.)", "score": 31.6885700226, "published": true}, {"hash": "lqIQT5Opcvq", "uri": "/contracts/lqIQT5Opcvq#default", "label": "Lease Agreement (Grail, Inc.)", "score": 31.5790557861, "published": true}], "size": 264, "hash": "ee054febf88010e19c2862adffc965e5", "id": 17}, {"snippet_links": [{"key": "acceptance-of-the", "type": "clause", "offset": [60, 77]}, {"key": "ordering-agency", "type": "clause", "offset": [78, 93]}, {"key": "after-delivery", "type": "clause", "offset": [94, 108]}, {"key": "failure-to-meet-specifications", "type": "clause", "offset": [142, 172]}, {"key": "office-of-state-procurement", "type": "clause", "offset": [188, 215]}, {"key": "this-contract", "type": "definition", "offset": [226, 239]}, {"key": "defaulting-contractor", "type": "clause", "offset": [371, 392]}], "snippet": "All commodities furnished will be subject to inspection and acceptance of the ordering agency after delivery. Default in promised delivery or failure to meet specifications authorizes the Office of State Procurement to cancel this contract or any portion of same and reasonably purchase commodities elsewhere and charge full increase, if any, in cost and handling to the defaulting contractor.", "samples": [{"hash": "d2tKHbFajjL", "uri": "/contracts/d2tKHbFajjL#default", "label": "State Term Contract", "score": 31.7085819244, "published": true}, {"hash": "dAYZNFnxW39", "uri": "/contracts/dAYZNFnxW39#default", "label": "State Term Contract", "score": 31.3427906036, "published": true}, {"hash": "4PupyiTylyY", "uri": "/contracts/4PupyiTylyY#default", "label": "State Term Contract", "score": 31.1648616791, "published": true}], "size": 246, "hash": "f93672c7bdb6fc8eec4c850791ffea53", "id": 20}, {"snippet_links": [{"key": "in-addition-to", "type": "clause", "offset": [0, 14]}, {"key": "other-default", "type": "definition", "offset": [19, 32]}, {"key": "in-this-lease", "type": "clause", "offset": [56, 69]}, {"key": "failure-to-pay", "type": "definition", "offset": [140, 154]}, {"key": "days-after", "type": "definition", "offset": [232, 242]}, {"key": "notice-to-tenant", "type": "definition", "offset": [266, 282]}, {"key": "the-applicable", "type": "clause", "offset": [286, 300]}, {"key": "failure-by", "type": "clause", "offset": [301, 311]}, {"key": "the-rent", "type": "clause", "offset": [349, 357]}, {"key": "monetary-default", "type": "definition", "offset": [360, 376]}, {"key": "covenant-of", "type": "clause", "offset": [482, 493]}, {"key": "within-thirty", "type": "clause", "offset": [534, 547]}, {"key": "if-tenant", "type": "clause", "offset": [608, 617]}, {"key": "tenant-shall", "type": "clause", "offset": [701, 713]}, {"key": "additional-time", "type": "definition", "offset": [725, 740]}, {"key": "not-to-exceed", "type": "clause", "offset": [742, 755]}, {"key": "an-additional", "type": "clause", "offset": [756, 769]}, {"key": "reasonably-necessary", "type": "clause", "offset": [794, 814]}, {"key": "as-tenant", "type": "definition", "offset": [843, 852]}, {"key": "without-landlord", "type": "definition", "offset": [992, 1008]}, {"key": "required-approval", "type": "clause", "offset": [1011, 1028]}, {"key": "in-violation", "type": "definition", "offset": [1042, 1054]}, {"key": "section-11", "type": "clause", "offset": [1058, 1068]}, {"key": "transfer-in", "type": "clause", "offset": [1122, 1133]}, {"key": "assignment-for-the-benefit-of-creditors", "type": "clause", "offset": [1163, 1202]}, {"key": "right-to-conduct-business", "type": "clause", "offset": [1229, 1254]}, {"key": "leasehold-estate", "type": "definition", "offset": [1264, 1280]}, {"key": "operation-of-law", "type": "definition", "offset": [1304, 1320]}, {"key": "trustee-in-bankruptcy", "type": "clause", "offset": [1367, 1388]}, {"key": "court-of-competent-jurisdiction", "type": "definition", "offset": [1432, 1463]}, {"key": "of-tenant", "type": "clause", "offset": [1498, 1507]}, {"key": "without-limitation", "type": "clause", "offset": [1622, 1640]}, {"key": "bankruptcy-law", "type": "definition", "offset": [1716, 1730]}, {"key": "notice-of", "type": "clause", "offset": [1902, 1911]}, {"key": "failure-to-comply-with", "type": "clause", "offset": [1921, 1943]}, {"key": "provision-of", "type": "clause", "offset": [1957, 1969]}, {"key": "subsequent-violation", "type": "definition", "offset": [2052, 2072]}, {"key": "default-by-tenant", "type": "definition", "offset": [2170, 2187]}, {"key": "the-requirement", "type": "clause", "offset": [2196, 2211]}, {"key": "further-notice", "type": "clause", "offset": [2219, 2233]}, {"key": "cure-period", "type": "definition", "offset": [2237, 2248]}, {"key": "notices-sent", "type": "clause", "offset": [2272, 2284]}, {"key": "satisfaction-of", "type": "clause", "offset": [2316, 2331]}, {"key": "notice-required-by-law", "type": "clause", "offset": [2361, 2383]}], "snippet": "In addition to any other Default specifically described in this Lease, each of the following occurrences shall be a \u201cDefault\u201d: (a) Tenant\u2019s failure to pay any portion of Rent when due, if the failure continues for five (5) Business Days after Landlord gives written notice to Tenant of the applicable failure by Tenant to timely pay such portion of the Rent (\u201cMonetary Default\u201d); (b) Tenant\u2019s failure (other than a Monetary Default) to comply with any term, provision, condition or covenant of this Lease, if the failure is not cured within thirty (30) days after written notice to Tenant provided, however, if Tenant\u2019s failure to comply cannot reasonably be cured within such thirty-(30)-day period, Tenant shall be allowed additional time (not to exceed an additional ninety (90) days) as is reasonably necessary to cure the failure so long as Tenant begins the cure within such thirty-(30)-day period and diligently pursues the cure to completion; (c) Tenant effects or permits a Transfer without Landlord\u2019s required approval or otherwise in violation of Section 11 of this Lease; (d) Tenant becomes insolvent, makes a transfer in fraud of creditors, makes an assignment for the benefit of creditors, or forfeits or loses its right to conduct business; (e) the leasehold estate is taken by process or operation of Law; or (f) if a receiver, guardian, conservator, trustee in bankruptcy or similar officer shall be appointed by a court of competent jurisdiction to take charge of all or any part of Tenant\u2019s property and such appointment is not discharged within ninety (90) days thereafter, or if a petition including, without limitation, a petition for reorganization or arrangement is filed by Tenant under any bankruptcy law or is filed against Tenant and the same shall not be dismissed within ninety (90) days from the date upon which it is filed. In addition, if Landlord provides Tenant with notice of Tenant\u2019s failure to comply with any specific provision of this Lease on two (2) separate occasions during any twelve-(12)-month period, any subsequent violation of such provision within such twelve-(12)-month period shall, at Landlord\u2019s option, constitute a Default by Tenant without the requirement of any further notice or cure period as provided above. All notices sent under this Section shall be in satisfaction of, and not in addition to, any notice required by Law.", "samples": [{"hash": "cVFfIGtBldw", "uri": "/contracts/cVFfIGtBldw#default", "label": "Lease Agreement (Monte Rosa Therapeutics, Inc.)", "score": 32.4223136902, "published": true}, {"hash": "7huau8n0se1", "uri": "/contracts/7huau8n0se1#default", "label": "Lease Agreement (Monte Rosa Therapeutics, Inc.)", "score": 32.29637146, "published": true}, {"hash": "9HOb8kZmetI", "uri": "/contracts/9HOb8kZmetI#default", "label": "Lease Agreement (Ikena Oncology, Inc.)", "score": 32.1731681824, "published": true}], "size": 267, "hash": "50b3575f799924f57350a5e6ffa92ba3", "id": 16}], "next_curs": "ClASSmoVc35sYXdpbnNpZGVyY29udHJhY3RzciwLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhBkZWZhdWx0IzAwMDAwMDE0DKIBAmVuGAAgAA==", "clause": {"parents": [["miscellaneous", "Miscellaneous"], ["termination", "Termination"], ["general-provisions", "General Provisions"], ["default", "Default"], ["representations-and-warranties", "REPRESENTATIONS AND WARRANTIES"]], "children": [["events-of-default", "Events of Default"], ["remedies", "Remedies"], ["notification-to-certificateholders", "Notification to Certificateholders"], ["", ""], ["trustee-to-act-appointment-of-successor", "Trustee to Act; Appointment of Successor"]], "size": 93034, "title": "Default", "id": "default", "related": [["\u2587\u2587\u2587\u2587\u2587\u2587-of-default", "\u2587\u2587\u2587\u2587\u2587\u2587 of Default", "\u2587\u2587\u2587\u2587\u2587\u2587 of <strong>Default</strong>"], ["event-of-default", "Event of Default", "Event of <strong>Default</strong>"], ["no-event-of-default", "No Event of Default", "No Event of <strong>Default</strong>"], ["default-breach", "Default; Breach", "<strong>Default</strong>; Breach"], ["default-or-event-of-default", "Default or Event of Default", "<strong>Default</strong> or Event of <strong>Default</strong>"]], "related_snippets": [], "updated": "2026-05-08T06:30:32+00:00", "also_ask": ["What are the most effective triggers to include in a default clause to protect my client\u2019s interests?", "How can the default clause be negotiated to allow for cure periods or mitigate harsh remedies?", "What are the most common drafting mistakes that could render a default clause unenforceable?", "How does this default clause compare to industry standards or statutory defaults in similar agreements?", "What factors do courts consider when determining if a default has occurred and if remedies are proportionate?"], "drafting_tip": "Specify default events precisely to avoid ambiguity; outline remedies and notice requirements to ensure enforceability and fairness.", "explanation": "The DEFAULT clause defines the consequences and procedures that apply if one party fails to fulfill its obligations under the agreement. Typically, this clause outlines what constitutes a default, such as missed payments or failure to perform required duties, and describes the steps the non-defaulting party may take, like providing notice, granting a cure period, or pursuing remedies such as termination or damages. Its core function is to allocate risk and provide a clear process for addressing breaches, thereby protecting the interests of both parties and ensuring predictability in the event of non-performance."}, "json": true, "cursor": "ClASSmoVc35sYXdpbnNpZGVyY29udHJhY3RzciwLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhBkZWZhdWx0IzAwMDAwMDBhDKIBAmVuGAAgAA=="}}