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expressed or implied, in favor of Lessee, and in such event the, Lessee shall look solely to the successor in interest of the Lessor in and to the Land or this Lease. This I Pose shall not be affected by any such sale, and the Lessee agrees to attom to any such purchaser or assignee. ARTICLE 8 Defaults and Remedies Section 8.1 Events of Default; Remedy of Default by Lessee (a) Any one or more of the following events shall constitute an "Event of Default ": (i) Failure to pay rent, as required pursuant to Section 2.3 of this Lease, or any other payment required under this Lease, and continuance of such failure for a period of thirty (30) days after receipt by the Lessee of written notice specifying the nonpayment; (ii) Failure of the Lessee to observe and perform any covenant, condition or agreement hereunder on its part to be performed, and (i) continuance of such failure for a period of sixty (60) days after receipt by the Lessee of written notice specifying the nature of such default, or (ii) if by reason of the nature of such default the same cannot be remedied within said sixty (60) days, the Lessee fails to proceed with reasonable diligence after receipt of said notice to cure the same; or (iii) A general assignment by the Lessee for the benefit of creditors; or (iv) The filing of a voluntary petition by the Lessee, or the filing of an involuntary petition by any of the Lessee's creditors seeking the rehabilitation, liquidation or reorganization of the Lessee under any law relating to bankruptcy, insolvency or other relief of debtors, provided that in the case of an involuntary petition Lessee shall have sixty (60) days to cause such petition to be withdrawn or dismissed; or (v) The appointment of a receiver or other custodian to take possession of substantially all of the Lessee's assets or of this leasehold which appointment is not withdrawn or dismissed within sixty (60) days; or (vi) The Lessee becomes insolvent or declares it is unwilling to pay its debts as they become due; or any court enters a decree or order directing the winding up or liquidation of the Lessee or of substantially all of its assets; or the Lessee takes any action toward the dissolution or winding up of its affairs or the cessation or suspension of its use of the Project; or (vii) Attachment, execution or other judicial seizure of substantially all of the Lessee's assets or this leasehold, which is not dismissed, bonded, or stayed within sixty (60) days.; or (b) Whenever any default shall have occurred and be continuing and upon expiration of any applicable cure periods provided in this Lease, and subject to the cure rights of 1441105\153233.25 25