Section 11.1 PROPONENT-LESSOR's Default

- The occurrence of any of the following shall constitute an event of default for the PROPONENT-LESSOR:

a. Failure to perform any of its obligation under this Agreement for a cause not attributable to force majeure, and such failure persists for more than ____ days;

b. Failure without justification to resume performance within ______ days after the force majeure that has prevented the PROPONENT-LESSOR from performing any other obligation hereunder has substantially ceased;

c. Deliberate material misrepresentation of any fact contained in its periodic reports to the LGU-LESSEE, or if it committed any deliberate falsity in his bid documents on which the LGU-LESSEE relied in giving it the contract award;

d. Filing of a voluntary or involuntary case or other proceeding by or against the PROPONENT-LESSOR seeking insolvency, bankruptcy, liquidation, reorganization, dissolution, winding up;

e. A pattern of continuing or repeated non-compliance, willful violation, or non-performance of other terms and conditions hereof including any material breach thereto, and the PROPONENT-LESSOR fails to remedy the same within ___ calendar days from notice thereof; and

f. Assignment or transfer without the prior approval of the LGU-LESSEE.