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<br />I <br /> <br />I <br /> <br />I <br /> <br />.. <br /> <br />-5- <br /> <br />XVI. <br /> <br />If Lessee fails to pay any rental or other payment dL~ here- <br /> <br />under or upon its failure to perform any other of the ter~s of <br /> <br />this lease to be observed or performed by Lessee, or If LLssee shall <br /> <br />become a bankrupt, or insolvent, or file any debt or procL~dinqs, or <br /> <br />take or have taken against Lessee in any court pursuant t, any <br /> <br />statute either of the United States or of the State of Te::as a peti tior <br /> <br />in bankruptcy or insolvency or for reorgdnization or for '12 appoi~t- <br /> <br />ment of a receiver or trustee for all or a portion of Less~~'s <br /> <br /> <br />property, or if Lessee makes an assignment for the benefic 0f creditor <br /> <br /> <br />or petitions for or enters into an agreement, or suffers th, lease to <br /> <br /> <br />be taken under any writ of execution or attachment, or If this lease <br /> <br /> <br />shall pass to or dissolve upon by law or otherwise, one oLLer than <br /> <br />Lessee except as herein provided, then in anyone or mor, such <br /> <br /> <br />events, upon City serving thirty (30) days written notice ~f canc~11~. <br /> <br />tion upon Lessee specifying the nature of said defaul tan, 1 t, at <br /> <br />the expiration of said thirty (30) days, Lessee shall haVe failed to <br /> <br />comply with or remedy such defaul t, then this lease and t:' T erin <br /> <br />thereunder, shall at the option of City, terminate and cc; to an <br /> <br />end on the date specified in such notice of cancellation ,end Lessee <br /> <br />shall quit and surrender the demised premises to City as 2 ~ the term <br /> <br />hereunder was ended by the expiration of the time fixed he rein, a'-} <br /> <br /> <br />Lessee shall remain liable for any unpaid amount owed und_r Part I~I. <br /> <br /> <br />If City shall be in default in performing any of the :crms or <br /> <br /> <br />provisions of this lease required on its part to be perfoL ed, and <br />Lessee shall give City notice in writing of such default, Jnd if City <br />shall fail to cure such default within thirty (30) days a~':~r serVlee <br />of such notice, then an in such event, the lease shall be cerminated <br />and cancelled. <br />Prior to the event Lessee agrees to provide City wit~ progress <br />reports and plans as required by the City. <br /> <br />XVII. <br /> <br />Lessee shall not assign or sublease this lease witholt first <br /> <br /> <br />obtaining prior written approval of City, which approval ~Jlall not <br /> <br />be unreasonably withheld, and further provided that no sutlease or <br />