4.8. SR 02-01-2016 - Laserfiche WebLink

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(a) Lessee fails, neglects or refuses to make annual payment of rent at the time and in the amount as herein provided; (b) That any voluntary or involuntary petition or similar pleading under any section or sections of any bankruptcy act shall be filed by or against Lessee, or any voluntary or involuntary proceeding in any court or tribunal shall be instituted to declare Lessee insolvent or unable to pay Lessee's debts, and the same shall not be dismissed or discharged within thirty (30) days after notice thereof in writing given to Lessee by the City; (c) Lessee fails, neglects or refuses to keep and perform any of the other covenants, conditions, stipulations or agreements herein contained and covenanted and agreed to be kept and performed by it, and in the event such default shall continue for a period of more than thirty (30) days after notice thereof in writing given to Lessee by the City; (d) Lessee makes any assignment of its property for the benefit of creditors or should the Leased Premises be taken under a levy or execution or attachment in an action against Lessee and such levy, attachment or assignment is not dismissed and discharged within thirty (30) days after written notice thereof to Lessee by the City. The City shall have the right to terminate this Lease if Lessee fails to cure an Event of Default within ten (10) days written notice. If Lessee fails to cure an Event of Default within the cure period the City shall have the right to terminate this Lease and exercise any remedies available under applicable law to regain possession of the Leased Premises. In the event that Lessee is in default under this Lease and the Lease is terminated and Lessee fails to vacate the Leased Premises, the City shall be entitled to recover all costs and expenses including reasonable attorney's fees incurred by the City in enforcing the terms of this Lease and regaining possession of the Leased Premises. The reimbursement required under Paragraph 7 shall not apply. 15. Quiet Possession. If Lessee shall pay promptly when due the rentals herein agreed to be paid, and shall faithfully keep, abide by and be bound by the conditions and agreements of this Lease and perform the covenants hereof, the City warrants to Lessee the quiet, peaceful and undisturbed possession of the Leased Premises during the full term of this Lease, except as otherwise provided herein, including Paragraph 6 hereof. 16. Attorneys' Fees. If any action at law or in equity shall be brought in court to recover any rent under this rental agreement or for or on account of any breach of or to enforce or interpret any of the covenants, terms, or condition of this Lease or for the recovery of the possession of the Leased Premises, the City shall be entitled to recover from the Lessee as part of the City's costs, its reasonable attorneys' fees, the amount of which shall be fixed by the court and shall be made a part of any judgment or decree rendered. 17. Bindine Effect. This Lease shall supersede any and all prior leases between the parties with respect to the Leased Premises and shall extend to and be binding upon the heirs, executors, administrators, trustees, successors, receivers and assigns of the parties hereto. El