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5 <br />Failure to pay Base Rent. Tenant shall fail to timely pay any amount of Base Rent due <br />hereunder, and such failure continues uncured for more than five (5) days after receipt of notice <br />thereof from Landlord; <br />Failure to Perform. Tenant shall fail to perform any other covenant of this Sublease and <br />Tenant does not cure or reasonably commence and proceed diligently to cure such failure within <br />twenty (20) days after receipt of notice thereof from Landlord; <br />Bankruptcy. If during the Term: (i) Tenant shall make an assignment for the benefit of <br />creditors; or (ii) Tenant files a voluntary petition under the Bankruptcy Code of the United <br />States or any state statute similar thereto, or Tenant be adjudged insolvent or bankrupt pursuant <br />to an involuntary petition; (iii) a receiver or trustee is appointed for the property of Tenant by <br />reason of insolvency of Tenant (iv) any department of the state or federal government, or any <br />officer thereof duly authorized, takes possession of the business or property of Tenant by <br />reason of the insolvency of Tenant; (v) Tenant continues in possession without the appointment <br />of a receiver or trustee under Chapter 11 of the Bankruptcy Code; or (vi) Tenant is the subject <br />of any petition or proceeding related to relief from creditors. <br />Remedies: If an Event of Default occurs, Landlord may at any time thereafter: <br />Terminate this Sublease. Terminate this Sublease and upon such termination, Tenant <br />shall immediately quit and surrender the Premises to Landlord, but Tenant shall remain liable as <br />hereinafter provided; <br />Re-Enter the Premises. Landlord or Landlord’s agents may immediately or any time <br />thereafter re-enter the Premises and remove all persons and any or all property therefrom, either <br />by summary dispossession proceedings or by any suitable action or proceeding at law or by force <br />or otherwise and repossess and enjoy said Premises, together will all additions, alterations, and <br />improvements thereto, without such re-entry and repossession working forfeiture or waiver of <br />the rents to be paid and the covenants to be performed by Tenant during the Term hereof; and/or <br />Re-Let the Premises. Upon the termination of this Sublease prior to the expiration of the <br />Term by reason of an Event of Default or under any provision of law now or hereafter in force <br />by reason of or based upon or arising out of a default under or a breach of this Sublease on the <br />part of Tenant (except where such breach or default is determined by a court of competent <br />jurisdiction to be justified because of Landlord’s acts or omissions), Landlord may, at its option, <br />at any time and from time to time, re-let the Premises or any part thereof, for the account of <br />27