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5z,IV <br />imposed upon the premises demised hereunder arising as a <br />result of lessee's conduct or inactivity. <br />C. Public Liability Insurance. Lessee shall <br />promptly, after the execution of this lease, provide public <br />liability insurance for personal injury or death and <br />property damage in a minimum sum of Two Million and No /100 <br />dollars ($2,000,000.00) arising out of any one accident or <br />other cause. <br />D. Workers'. Compensation Insurance. Lessee shall <br />maintain in force a policy of Workers' Compensation <br />Insurance in accordance with State laws. <br />Lessee shall maintain said insurance with <br />insurance underwriters authorized to do business in the <br />State of Texas and approved by lessor. Lessee shall furnish <br />lessor with a certificate from the insurance carrier showing <br />such insurance to be in full force and effect. (luring the <br />entire term of this lease, or shall deposit with the lessor <br />copies of said policies. <br />Said policies or certificates shall contain a <br />provision that written notice of cancellation or of any <br />material change in said policy by the insurer shall be <br />delivered to lessor thirty (30) days. in advance of the <br />effective date thereof. <br />ARTICLE VIII <br />Cancellation Assignment and Transfer_ <br />A. Cancellation by Lessor. This lease shall be <br />subject to cancellation by lessor in the event lessee shall: <br />(1) Be in arrears in the payment: of the whole or any <br />part of the amounts agreed upon hereunder for a <br />period of fifteen (15) days after the time such <br />payments become due. <br />(2) Make a voluntary or involuntary assignment for the <br />benefit of creditors. <br />(3) File a voluntary petition in bankruptcy. <br />(4) Abandon the demised premises. <br />(5) Fail to replace any improvements by lessee which <br />have been destroyed by fire, explosion, etc., <br />within six (6) months from the date of such <br />destruction, or, <br />(6) Default in the performance of any of the <br />covenants, and conditions required herein. <br />In any of the aforesaid events, lessor. sha11 �;i_ve. <br />lessee written notice of such breach or default, an lessee <br />shall i mmediately correct same. If within thirty (30) days <br />from the date of such notice, the breach or default com- <br />plained of shall not have been corrected, then and in such <br />event, lessor shall have the right to declare this lease <br />immediately terminated as to the balance of the term herein, <br />and may forcibly, if necessary, reenter and take immediate <br />possession of the demised premises and remove or seize <br />lessee's effects under the preference lien granted to secure <br />performance of lessee's obligations hereunder without being <br />deemed guilty of any nature of trespass; provided, however <br />that in the event that subsections (2) and /or (3) occur, <br />lessor shall not be required to F,i.ve written notice to <br />lessee, but lessee shall have thirty (30) days from the <br />- 10 _ <br />