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(e) Any construction required of Tenant as a condition of this Lease has not <br />been completed. <br />(f) All the material terms, covenants, and conditions of the Transfer that are <br />relevant to the Lessor's approval of the Transfer have not been disclosed in writing to the Lessor. <br />10.7 Transfer of Mortgages of Lessor's Interest. Notwithstanding anything to the <br />contrary set forth in this Ground Lease, unless required by statute, court order or operation of law, <br />Lessor shall not transfer, assign, pledge or hypothecate its fee interest in the Premises (other than <br />to entities under common control with Lessor or other governmental entities under applicable law) <br />without the prior written consent of Tenant. Any and all mortgages or liens placed or suffered by <br />the Lessor encumbering the Lessor's fee interest in the Premises shall be expressly subject and <br />subordinate to this Lease, to all obligations of Lessor hereunder, to all of the rights, titles, interests, <br />and estates of the Tenant created or arising hereunder, to each New Lease and to each Leasehold <br />Mortgage. Furthermore, any Person succeeding to the Lessor's fee interest as a consequence of <br />any conveyance, foreclosure or other transfer shall succeed to all of the obligations of the Lessor <br />hereunder. <br />ARTICLE XI <br />DEFAULT AND <br />11.1 Event of Default. Each of the following events shall constitute an "Event of Default" <br />by Tenant: <br />11.1.1. Failure to Pay. Tenant's failure or omission to pay any Rent or other sum <br />payable hereunder on or before the date due where such failure shall continue for a period of five <br />(5) days after written notice thereof from Lessor to Tenant; provided, however, that any such notice <br />shall be in lieu of, and not in addition to, any notice required under California Code of Civil <br />Procedure §1161 etseq. <br />11.1.2. Failure to Perform. The failure or inability by Tenant to observe or <br />perform any of its obligations under this Lease (other than those specified in Sections 11.1.1, <br />11.1.3, 11.1.6, or 11.1.8 herein, which have their own notice and cure periods), where such failure <br />shall continue for a period of thirty (30) days after written notice thereof from Lessor to Tenant or <br />past any such longer period as reasonably agreed upon by the Tenant, Lessor in writing as may be <br />necessary for completion of its cure; provided, however, that any such notice by Lessor shall be in <br />lieu of, and not in addition to, any notice required under California Code of Civil Procedure Section <br />1161 et. seq.; provided, further, that if the nature of such failure is such that it can be cured by <br />Tenant but that more than thirty (30) days are reasonably required for its cure (for any reason other <br />than financial inability), then Tenant shall not be deemed to be in default if Tenant shall commence <br />such cure within said thirty (30) days, and thereafter diligently pursues such cure to completion. <br />11.1.3. Abandonment. The abandonment (as defined in California Civil Code <br />Section 1951.3) or vacation of the Premises by Tenant for a period of thirty (30) days or more. <br />11.1.4. Assignments. <br />Page 128 <br />75A-75 <br />