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44. That LESSEE will not use, or permit the use of, said leased premises, or any part <br />thereof, for any purpose which is determined dangerous or hazardous to the Airport operation by <br />LESSOR. <br />45. In addition to the other grounds for default and termination as provided herein, the <br />following events shall be deemed to be events of default by LESSEE under this Lease: <br />A. Failure of LESSEE to pay any lease payment or any other sum payable to LESSOR <br />hereunder on the date that same is due and such failure shall continue for a period of <br />thirty (30) days. <br />B. Failure of LESSEE to comply with any term, condition, or covenant of this Lease, <br />other than the lease payment or other sum of money, and such failure shall not be <br />cured within thirty (30) days after written notice thereof to LESSEE. <br />C. Insolvency, the making of a transfer in fraud of creditors, or the making of an <br />assignment for the benefit of creditors by LESSEE or any guarantor of LESSEE's <br />obligations. <br />D. Filing of a petition under any section or chapter of the National Bankruptcy Act, as <br />amended, or under any similar law or statute of the United States or any State <br />thereof by LESSEE or any guarantor of LESSEE's obligations, or adjudication as a <br />bankrupt or insolvent in proceedings filed against LESSEE or such guarantor. <br />E. Appointment of a receiver or trustee for all or substantially all of the assets of <br />LESSEE or any guarantor of LESSEE's obligations. <br />F. Abandonment by LESSEE of any substantial portion of the leased premises or <br />cessation of use of the leased premises for the purposes leased. <br />G. The filing of any lien against the leased premises resulting from any act or omission <br />of LESSEE which is not discharged or contested in good faith as determined by <br />LESSOR by proper legal proceedings within fifteen (15) days of receipt of actual <br />notice by LESSEE, unless LESSEE posts a bond within this time period equal to <br />the amount of the lien. <br />46. In the event of any default by LESSEE that is not cured within thirty (30) days of <br />receiving notice from LESSOR, LESSOR may, in addition to any other remedies available to it, <br />terminate this Lease. If the default concerns a failure to make payments to LESSOR, however, no <br />written or other notice of default shall be required. If payments to LESSOR are in arrears for a <br />Hanaar Lease Aereement - page 17 <br />