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<br /> ,, of the date of the issuance or making thereof and shall not be made
<br /> ts� good within 30 days af'ter written notice thereof to the Lessee by the
<br /> ,. Authority or the Trustee ; or
<br /> ��� ,
<br /> >� ( e ) if default shall occur in the pa.yment of the princi - �
<br /> � pal of or interest on any obligation of the Lessee for borrowed
<br /> ��� money ( other than this Lease ) , as and vrhen the same shall become �
<br /> , Y� due , or under any mortgage , agreement or other instrument under or '
<br /> pursuant to vrhich such indebtedness is issued ; or
<br /> � ( f ) any ,jud�ment , writ or warrant of attachment or of
<br /> any similar process in an amount in excess of $ 25 , 000 yha11 be en-
<br /> %� tered or filed ap;ainst the Lessee or a �;ainst any of its property
<br /> and remains unvacated , unpaid , unbonded or unstayed for a period
<br /> ,yb� of 30 days ; or
<br /> k4 if the Lessee admits insolvency or bankruptcy or
<br /> �� its inability to pay its debts as L- he;� mature , or makes an assign -
<br /> `�x ment for the benefit of creditors or aoplies for or consents to the
<br /> f;� appointment of a trustee or receiver for the Lessee , or for the
<br /> ma� or part of its propercy ; or
<br /> � ( h ) if a trustee or receiver is appointed for the Lessee ,
<br /> ,,.
<br /> ;� or for the ma� or part of its proper•t5� and is not discharged within .
<br /> F 30 days after such appointment ; or
<br /> :� ( i ) if bankruptcy , reorganization , arrangement , insol -
<br /> 7 vency or liquidation proceedings , or other proceedings for relief �
<br /> e -� under any bankruptcy law or similar la�r for tiie relief of debtors ,
<br /> ;� are instituted by or against the Lessee , a!id if instituted against
<br /> '{ the Lessee are allowed agalnst the Lessee or are consented to or ,
<br /> , ,,� are not dismissed , stayed or otherv: ise nu111fied within 30 days
<br /> afte� such institution .
<br /> � Section 9 • 2 • Remedies on Def'ault . If any event of de -
<br /> � � fault shall occur and be con inuin�; , �he Authority may at its op -
<br /> tion exercise an,y one or more of the £� lloti•+ in�, remedies :
<br /> :S'.f}
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<br /> ;d ( a ) the Authority rnay terninate this Lease by giving
<br /> ti;� to the Lessee written notice of the Au� hor. ity ' s intention so to
<br /> ,# do , in which event the teriri of ttiis Lease shall end , and all right ,
<br /> -!3 title and interest of thc Les � ee hereunder shall expire , on the
<br /> 4 date stated in such notice , �•�hicli stiall nct be less than 10 days
<br /> `'� after the date of the notice by the � uthorlty of its intention so
<br /> , � to terminate ; or
<br /> K ( b ) the Authorit ,y may tierminate the right of the Lessee
<br /> ? to possession of the Hospital FacilitY or any portion thereof by
<br /> :°� giving written notice to the Lessee that the Lessee ' s right of
<br /> a possession shall end on the date staCed ln such notice , which
<br /> ;:; shall not be less than 10 days aftei• ti� e date of the notice by '
<br /> '= ';; the Authority of its intention so to ±; erminate ; or
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