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.25, <br /> (ii) Failure by Tenant to observe and perform any <br /> covenant, condition or agreement on its part to be observed or <br /> performed, other than as referred to in subsection (i) of this <br /> Paragraph, for a period of thirty days after written notice, <br /> specifying such failure and requesting that it be remedied, given <br /> to Tenant by Landlord, unless Landlord shall agree in writing to <br /> an extension of such time prior to its expiration. <br /> (iii) The dissolution or liquidation of Tenant or <br /> the filing by Tenant of a voluntary petition in bankruptcy, or <br /> failure by Tenant promptly to lift any execution, garnishment or <br /> attachment of such consequence as will impair its ability to <br /> carry on its operations at the Premises, or the commission by <br /> Tenant of any act of bankruptcy, or adjudication of Tenant as a <br /> bankrupt, or assignment by Tenant for the benefit of its <br /> creditors, or the entry by Tenant into an agreement of <br /> composition with its creditors, or the approval by a court of <br /> competent jurisdiction of a petition applicable to Tenant in any <br /> proceeding for its reorganization instituted under the provisions <br /> of the Bankruptcy Act, as amended, or under any similar act which <br /> may hereafter be enacted. The term "dissolution or liquidation <br /> of Tenant, " as used in this subsection, shall not be construed to <br /> include the cessation of the corporate existence of Tenant <br /> resulting either from a merger or consolidation of Tenant into or <br /> with another corporation or a dissolution or liquidation of <br /> Tenant following a transfer of all or substantially all of its <br /> assets as an entirety. <br /> The foregoing provisions of this Paragraph are subject to <br /> the following limitations: If by reason of force majeure Tenant <br /> is unable in whole or in part to carry out its agreements on its <br /> part herein contained, other than the obligations on the part of <br /> Tenant contained in Paragraphs 3, 5, 6 and 9 hereof, Tenant shall <br /> not be deemed in default during the continuance of such <br /> inability. The term "force majeure" as used herein shall mean, <br /> without limitation, the following: Acts of God, strikes, <br /> lockouts or other industrial disturbances; acts of public <br /> enemies; orders of any kind of the government of the United <br /> States or of North Carolina or any of their departments, <br /> agencies, or officials, or any civil or military authority; <br /> insurrections; riots; epidemics; landslides; lightning; <br /> earthquake; fire; hurricanes; storms; floods; washouts; droughts; <br /> arrests; restraint of government and people; civil disturbances; <br /> explosions; breakage or accident to machinery; transmission pipes <br /> or canals; partial or entire failure of utilities; or any other <br /> cause or event not reasonably within the control of Tenant. <br /> Tenant agrees, however, to remedy with all reasonable dispatch <br /> the cause or causes preventing Tenant from carrying out its <br /> agreements; provided, that the settlement of strikes, lockouts <br /> and other industrial disturbances shall be entirely within the <br /> discretion of Tenant, and Tenant shall not be required to make <br /> settlement of strikes, lockouts and other industrial disturbances <br /> by acceding to the demands of the opposing party or parties when <br /> such course is in the judgment of Tenant unfavorable to Tenant. <br /> 14 <br />