Under 11 USC 365, a bankrupt may assume a lease that “has been” in default only if it (a) cures the default, (b) compensates the landlord for any monetary loss caused by the default, and (c) provides adequate assurance of future performance of the lease. This decision holds that the bankrupt must satisfy the three conditions with respect to the lease if it has ever been in default, even if the default has since been cured and even if the default was not material. However, if the default has already been cured, the first condition is satisfied, and if the default was not material, it likely caused no monetary harm, so the second condition poses no obstacle. Finally, if the default was minor, a mere promise to fully perform the lease in the future may satisfy the third condition.