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<br />' 11.,1.3 Appointment of Receiver. The appointment of a receiver to take possession of the Premises <br />or of Waste Management's interest in the leasehold estate or of Waste Management's <br />operations on the Premises for any reason, including but not limited to, assignment for benefit <br />of creditors or voluntary or involuntary bankruptcy proceedings. <br />11.1.4 Insolvency and Bankruptcy. An assignment by Waste Management for the benefit of creditors <br />or the filing of a voluntary or involuntary petition by or against Waste Management under any <br />law for the purpose of adjudicating Waste Management a bankrupt; or for extending time for <br />payment, adjustment or satisfaction of Waste Management's liabilities; or for reorganization, <br />dissolution or arrangement on account of or to prevent bankruptcy or insolvency; unless the <br />assignment or proceeding, and all consequent orders, adjudications, custodies and <br />supervision are dismissed, vacated or otherwise permanently stayed or terminated within sixty <br />(60) days after the assignment, filing, or other initial event. <br />11.2 Misrepresentation By Either Party. The making of any material misrepresentation by the parties or their <br />successors-in-interest in any materials delivered by or on behalf of them pursuant to this Lease shall be <br />deemed to be default. <br />11.3 Notice and Right to Cure. As a condition to pursuing any remedy for an alleged default by Waste <br />Management, City shall, before pursuing any remedy, give priorwritten notice of defaultto Waste Management <br />describing the default and stating that the notice was for the purpose of notice under this provision. Each <br />notice of default shall specify in detail the alleged event of default and where reasonably practicable the <br />remedy. <br />11.4 Waste Management's Right to Cure Default; Notice of Default, If the default is for non-payment of taxes <br />or other sums to be paid by Waste Management hereunder, Waste Management shall have ten (10) business <br />days after receipt of written notice given Waste Management to cure the default. For the cure of any other <br />default, Waste Management shall have thirty (30) business days after receipt of written notice of default is <br />given provided herein to curing the default and provided such longer time shall be permitted provided Waste <br />Management commences to cure within such thirty (30) business day period and diligently prosecutes the <br />same to completion. <br />11.5 City's Remedies. If any default by Waste Management shall continue uncured following notice of default <br />and applicable cure period as required by this Lease, for the period applicable to the default under the <br />applicable provisions of this Lease, City shall have the remedies set forth in Sections 11.5.1 through 11.5.3 in <br />addition to all other rights and remedies provided by law or equity, including the right to recover all unpaid rent <br />and other sums, to which City may resort cumulatively or in the alternative. <br />11.5.1 Termination. City may, at City's election, terminate this Lease by giving Waste Management <br />notice of termination. On the giving of notice, all Waste Management's rights in the Premises <br />and in all improvements shall terminate. Promptly after notice of termination, Waste <br />Management shall surrender and vacate the Premises and City may re-enter and take <br />possession of the Premises and all remaining improvements and eject all parties in <br />622009-1 15 <br />