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<br /> m' ' � _. —
<br />- '�L` ' Y�����i V�.� Yt'�_
<br /> • �� ���v—`..
<br /> -�..'it. :.� c�'_._
<br /> -_.� part o� �e Lsase, wi�hout #:he �r3or �itt�n ��..-
<br /> — ` cansant of Ba�k. �``�°
<br /> , a��
<br /> :;� . �'`f:
<br /> � e. Chieg ehal� immedia�ely pro�ride Hank with anY =F,-
<br /> no�ice af default recei�ed from i�essox and �r`�
<br /> sP�all pscovi.d� ��nk �rith a copy cf any rcotice '- -
<br /> og default ser►� by C�ief to Y.essor. �`=
<br /> ,`.; ... _.
<br /> "'P f. Chief shal2 furnist� Bank wi�h any a,nd all =�:.-
<br /> information requested by Sank reasor�ably �'-"�
<br /> �; necessary for a determinat�.on of th�.stat�as ��"'�'
<br /> .�: of the Lease. ; ,
<br /> ` q. Gi�ief shall promp�ly notify Hank of any -_
<br /> �� condi�fon or even� that constit�ntes, or wi� _rr-.
<br /> " t.he passage of tim� would constitute, an
<br /> event of default under tt�e Le�se. Q�,.
<br /> � m--
<br /> �5s Evsnts of Default. Any af the l�ollawing shall _--
<br /> ;� c��^�itute � default under �hhis Assignment: ,�.:.1-
<br /> ■�=,"
<br /> r;-:
<br /> � a. the fai�ur�e tc pay any �stallment of tYie _,ri,,
<br /> ' ' , princig�i of, ar interest on, tFie Obl�.csatfons ��,:
<br />�;:`:;; . �r any otY�er sum which is pay��e hoa�a�des _:_.
<br />,���7'� as and when the same shall becaum d�ar3 �na� �;_:-
<br /> ,,r(� .
<br /> payable; or
<br /> �-�_
<br /> , b. the failure of Chief or any of the Guasantors. _�
<br /> �o perform or obs�rv� any other �erm, . = -
<br /> �rovision, reprr�gentation, coveaant or �`
<br /> . acgree�..�t in any of th� LYo�es, th�s • ��;r�:
<br /> : Assaq.�ta+�.�� or in any ��:+�s Loan Documents, ..�"NR�r��._
<br /> � �tc-� q��:^�inq ec€ect �' �� a�13.cable �ight :-,,v��:'-
<br /> itrx �i,�:�r€. �xpre��.�,7 set �C�s�i t.i��zein; or =-_
<br /> f .• � _.
<br /> • c. 'if �s:� �airranty. reP�eQ��Y�ati�i�c, ----
<br /> . � � certi�°�.catf.on, financia�:.'.statement or�other _^.__
<br /> information made or fu�+�ished at any timE,
<br /> — whether pursuant to the terms of �his �_.
<br /> � Assignment or ottxerwise, by Chief or any of
<br /> ;.
<br /> the Guarantors, s1�a11 prove to be matexially
<br /> ,'� false .as of the date made and to hawe been �,-��
<br /> . made os furnished with knowledge of t�r fa2se� '�.�; ��;
<br /> .•�'ir�i:
<br /> :/�'�.`� . . ' • . nature thereof; or . , ;`�"'-��-=
<br /> ;;���; _ '`�� . . . . ,
<br />```�y,� - d.' �Chief or ang�ay the Guaranto� �hall .
<br /> ;�' . , generally not pay its �.bts as such debts .
<br /> .!�� � ,. bece� �due, or shall ac��rn�t in writing its :�:';;
<br /> r} inab�.�ity to gay its ��s qenerally, or �"t:�;r�';;:
<br /> ��� ¢hall make a general a3.�ignme�xt .for the. � � .�';..
<br /> henefit of areditmrs; �m� any p�•oceeding sha1T
<br /> �• � b� frtr�i,:�.tuted by or agains� G?aief or �� of , :;;a;_:;--
<br /> � � , the �.��'�rantora seekinq to ad judicat� a� a _::_-
<br /> �Ibankrupt or insolvent, or seeking
<br /> �l -�'�-
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