8.0. EDSR 04-11-2005 - Laserfiche WebLink

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(11) Sublease and Subletting. Sublessee may not assign this Sublease or sublet all or any • part of the Subleased Premises. Sublessee may not pledge this Sublease, or allow any liens to be placed hereon, or suffer this Sublease or any portion thereof to be attached or taken upon execution. (12) Sublessor's Right to Cure Defaults. If Sublessee shall default in the observance or performance of any of Sublessee's covenants, agreements or obligations hereunder, Sublessor may, but it is not obligated, and without limiting any other remedy which Sublessor may have by reason of such default, cure the default and charge the cost thereof to Sublessee including, without limitation, reasonable attorney's fees. Sublessee shall pay the same within ten (10) days after receipt of an invoice therefore from Sublessor, together with interest thereon at the lesser of the rate of twelve percent (12%) per annum or the maximum rate allowed by law. (13) A. Default by Sublessee. If Sublessee shall default in the payment of any installment of rent or other monies to be paid under this Sublease, or if Sublessee shall default in the observance or performance of any of Sublessee's other covenants, agreements or obligations hereunder, or if any proceeding is commenced by or against Sublessee for the purpose of subjecting the assets of Sublessee to any law relating to bankruptcy or insolvency, or for appointment of a receiver for Sublessee or for any of Sublessee's assets, or if Sublessee makes a general Sublease of Sublessee's assets for the benefit of creditors; then Sublessor, at its option, after giving sublessee ten (10) days written notice during which time sublessee may cure such default, may terminate this Sublease, may reenter the Subleased Premises and remove all persons and property therefrom, and have,regain and enjoy possession of the Subleased Premises and,in addition, Sublessor shall have all of the rights and remedies against Sublessee as are available to Landlord against Sublessor pursuant • to the Prime Lease. Sublessee hereby expressly waives service of any notice of Sublessor's intention to reenter and waives all right of restoration to possession of the Subleased Premises after reentry or after judgment for possession thereof. In case of any such termination, and in addition to any other remedies which Sublessor may have, Sublessee shall indemnify Sublessor for all damages Sublessor may incur by reason of such default, including the cost of recovering the Subleased Premises, reasonable attorney's fees and expenses incurred in enforcing any term of this Sublease, and the rent reserved in this Sublease for the remainder of the Term, all of which amounts shall be immediately due and payable to Sublessor. B. Default by Sublessor. If sublessor shall default in the observance or performance of any of sublessor's covenants, agreements, or obligations hereunder, sublessee shall have the right, after giving sublessor ten (10) days written notice, to terminate this sublease and to pursue all available remedies at law and in equity (14) Security Interest. Sublessor shall have a security interest in all exterior signs, floor coverings, or drapes, owned by Sublessee and installed on the Subleased Premises, for rent and other sums which may become due Sublessor, or upon any default, under this Sublease and the Prime Lease. Sublessee agrees and consents to such UCC filings as Sublessor may require as necessary to perfect such security interest. (15) Expenses and Attorney's Fees. In the event legal action is commenced by either party to enforce its rights hereunder, the non-prevailing party shall pay the prevailing party's reasonable attorney's fees within thirty (30) days of receipt of an invoice therefore. 4