8.1. SR 04-18-2016 - Laserfiche WebLink

Home Browse Search

r days, or in the case of an Event of Default not capable of curing in thirty (30) days, does not commence curing the Event of Default within thirty (30) days and diligently prosecute such curing to completion: (01) Terminate this Lease Agreement and the leasehold estate created in this Lease Agreement and exclude Lessee from possession of the Leasehold Property, the Improvements, and any other improvements thereon; (02) Reenter and take possession of the Leasehold Property without terminating this Lease Agreement or the leasehold estate created in this Lease Agreement, sublease the Leasehold Property, the Improvements(and any other improvements thereon) for the account of Lessee, holding Lessee liable for any deficiency in rents; (03) Cure any default by Lessee pursuant to any mortgage approved by Lessor pursuant to this Lease Agreement and charge any sums paid in connection with curing such default as Additional Rent payable by Lessee; or (04) Take whatever'action at law or in equity may appear necessary or appropriate to collect rental payments or Additional Rent due under this Lease Agreement, or to obtain performance and observance of any obligation, agreement or covenant to be performed by Lessee under this Lease Agreement. 12.3) Exercise of Remedies - No remedy herein conferred upon or reserved to Lessor is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Lease Agreement or now or hereafter existing at law or in equity or by statute. No delay or omission to exercise any remedy shall be construed to be a waiver of the right to exercise such remedy. No waiver of the right to exercise any particular remedy shall be construed to be a waiver of the right to exercise any other remedy. No waiver of the exercise of all remedies with respect to an Event of Default shall be construed to be a waiver of any remedies with respect to any other Event of Default. ARTICLE 13. SURRENDER 13.1) Surrender-Except as is herein otherwise provided, Lessee shall on the last day of the Term or upon any earlier termination of this Lease Agreement, surrender and deliver up the Leasehold Property and the Improvements to the possession and use of Lessor without delay and in good order, condition and repair, except for reasonable wear and tear after the last necessary repair, replacement, restoration or renewal made by Lessee, pursuant to its obligations hereunder, free and clear of all lettings and occupancies other than subleases then terminable at the option of the lessor thereof, and free and clear of all liens and encumbrances other than those, if any, presently existing or created or suffered by Lessor, without any payment or allowance whatever by Lessor on account of any improvements which may be on the Leasehold Property. BURNIS 566679,5 18 of 23