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15. That SUB - LESSOR and the City of Paris shall have the right and privilege of using any portion of said property so Sub - Leased for functions sponsored by SUB - LESSOR or by the City of Paris, or any department thereof, which function has been approved by the SUB - LESSOR or the City of Paris, and which such use shall be conducted with notice to SUB - LESSEE and on a non - interfering basis with the SUB- LESSEE's activities. 16. That the following events shall be deemed to be events of default by SUB - LESSEE under this Sub - Lease. A. Failure of SUB - LESSEE to comply with any term, condition, or covenant of this Sub -Lease, and such failure shall not be cured within thirty (30) days after written notice thereof to SUB - LESSEE. B. Insolvency, the making of a transfer in fraud of creditors, or the making of an assignment for the benefit of creditors by SUB - LESSEE or any guarantor of SUB - LESSEE's obligations. C. Filing of a petition under any section or chapter of the National Bankruptcy Act, as amended, or under any similar law or statute of the United States or any State thereof by SUB - LESSEE or any guarantor of SUB- LESSEE's obligations, or adjudication as a bankrupt or insolvent in proceedings filed against SUB - LESSEE or such guarantor. D. Appointment of a receiver or trustee for all or substantially all of the assets of SUB - LESSEE or any guarantor of SUB- LESSEE's obligations. E. Abandonment by SUB - LESSEE of any substantial portion of the Sub - Leased Premises or cessation of use of the Sub - Leased Premises for the purposes sub- leased. F. The filing of any lien against the Sub -Leased Premises resulting from any act or omission of SUB - LESSEE which is not discharged or contested in good faith as determined by SUB - LESSOR or the City by proper legal proceedings within fifteen (15) days of receipt of actual notice by SUB - LESSEE, unless SUB - LESSEE posts Lamar County Genealogical Society Sub -Lease Page - 7