George, an actor and playwright, have come to terms with a theatre company, the Lamplighter, to rent their theatre for the dates of April 4 - April 21, 2019. George and the Lamplighter executed their contract on February 12, 2019. Because George is a struggling artist, he can't afford to pay the rent up front. The Lamplighter agreed to accept installments from George starting on February 15, 2019 and each month until the George's play runs. On February 14, 2019, the theatre burnt down. That same day, the Lamplighter contacted George to tell him what happened and that the theatre will not reopen. The Lamplighter also told George that they will be expecting payment on the 15^th. George has contacted you for legal advice. Is he required to pay? Explain