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HomeMy WebLinkAbout2818 f s 40. EARLY TERMINATION. If this lease shall terminate C at any time prior to the expiration of the term provided, that is December 31, 2020, by reason of the breach bf•any of the Lessee's covenants, then and in such case, all right, estate and interest of the Lessee in and under this lease and in and to the demised premises and al~ insurance policies and all insurance monies paid or payable thereunder and all utility deposits and all prepaid expenses as to the demised premises shall, without any compensa- tion made therefor unto the Lessee at once pass to and become ~ ~ the property of the Lessor. : 41. SOLVENCY OF LESSEE. If, during the term of this i lease, the Lessee shall make an assignment fo r the beaefit of ; _ i creditors; or a voluatary or involuntary peition be filed by or ~ i 1 f ' ~ against the Lessee under any law having for its purpose the adjudi- s ~ ~ ~ cation of the Lessee as a bankrupt or the extension of the time of ~ ~ payment, composition, adjustmeat, modification, settlement or ~ ~ satisfaction of the liabilities of the Lessee or the reorganization ~ ~ of the Lessee; or a permanent receiver be appointed for the property ~ ~ ~ of the Lessee; or any governmental authority take possession of ~ ~ ~ 1 nd described in the Declaration of Condominium, this lease, ` at the option of the Lessor shall be terminated and shall expire ~ ~ as fully and completely as of the day of happening of such ~ , - g: coatingency coincided with the date specifically fixed as the ~ ~ expiration of the term hereof, the provisions relative to notice ~ and grace notwithstanding, and the Lessee shall then quit and ~ ~ surrender the demised premises to the Lessor but the Lessee shall ~ 4t R ~ ~ ~ -37 - ce~Y ~18 ~,~-2~13 i ~ ~ ~ . - . 'SF ~ : ~ ~ ~~«'-b: ~i ~~ry 1' 4 - j ~'T~~v'~v~.a~4 ~~5~,~ ..~~+^i. ~ , . . _ ~':v'"~ '~^~'F~