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f <br /> Landlord agrees that , except as set forth in this Paragraph <br /> 10 of this Lease , it will not sell , . convey , mortgage , encumber or <br /> otherwise dispose of any part of the Premises during the Lease <br /> Term as provided in Paragraph 2 of this Lease . <br /> c . Tenant may from time to time , in its sole discretion - <br /> and at its own expense , install machinery and equipment in the <br /> structures or otherwise on the Premises . All machinery and <br /> equipment so installed by Tenant shall remain the sole property <br /> of Tenant . It may be modified or removed at any time while <br /> Tenant is not in default hereunder and shall not be subject to <br /> lien but all such machinery and equipment shall be subject to any <br /> landlord ' s lien allowed by law . Provided , however , Tenant shall <br /> promptly make , at its sole expense , any and all repairs to the <br /> Premises or to the structures on the Premises necessitated by the <br /> removal by Tenant of any such machinery and equipment . The need <br /> for repairs shall be those reasonably determined to be necessary <br /> by Landlord . Tenant shall notify Landlord upon the removal of <br /> any such machinery and equipment to enable Landlord to inspect <br /> the Premises to make a determination of the repairs , if any , to <br /> be made to the Premises . Nothing contained in this Paragraph <br /> shall prevent Tenant from purchasing machinery and equipment on <br /> conditional sale contract or lease sale contract , or subject to <br /> vendor ' s lien or purchase money mortgage , as security for the <br /> unpaid portion of the purchase price thereof , and each such <br /> conditional sale contract , lease sale contract , vendor ' s lien and <br /> purchase money mortgage made by Tenant with respect to machinery <br /> and equipment purchased by it under the provisions of this <br /> Paragraph shall , if appropriate financing statements are duly <br /> filed for record in the manner and places required by the North <br /> Carolina Uniform Commercial Code simultaneously with or prior to <br /> the installation at the Premises of the machinery and equipment <br /> _ . .. .. .. . . .. .. .. covered.. .. ..thereby., . . . . be.... ..pr o.r... . .an.d..... . s- per or _ . . to. .. . . any . .. ...landlord ..I. s_... . . l _en. . .. .. .. _.. .. .. . . . . . . . . _ . . __ <br /> Tenant agrees to pay as due the purchase price of and all costs <br /> and expenses with respect to the acquisition and installation ' of <br /> any machinery and equipment installed by it pursuant to this <br /> Paragraph . <br /> 11 . Events of Default and Remedies . <br /> a . The following shall be " events of default " under <br /> this Lease and the terms " event of default " or " default " shall <br /> mean , whenever they are used in this Lease , any one or more of <br /> the following events . <br /> ( 1 ) Failure by Tenant , to pay the rents required <br /> to be paid at the times specified and ( 1 ) continuation of said <br /> failure for a period of five days after notice by mail given to <br /> it by Landlord that the rent referred to in such notice has not <br /> been received or ( 2 ) continuation of said failure for a period of <br /> fifteen days . <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 /> 14 <br />