7.3 SR 03-01-2021 - Laserfiche WebLink

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Laws, at the cost of and for the account of Tenant, without Landlord becoming liable for any loss or damage which may be occasioned thereby. Such reentry may be conducted in any manner allowed under Applicable Laws. Upon and after entry into possession without termination of the Lease, Landlord may, but will not be required to, re -let the Premises, or any part thereof, to anyone other than the Tenant, for such time and upon such terms as Landlord, will determine. Whether or not Landlord re enters the Leased Premises, upon the election by Landlord to terminate Tenant's right to possession, Tenant will be liable to Landlord as follows: (i) For all attorneys' fees incurred by Landlord by reason of Tenant's Default or in connection with exercising any remedy hereunder; (ii) For the unpaid installments of Monthly Rent, Additional Rent, or other unpaid sums which were due prior to such termination of right to possession, including interest, which sums will be payable immediately; (iii) For the installments of Monthly Rent, Additional Rent, and other sums falling due pursuant to the provisions of this Lease for the periods after termination of Tenant's right to possession during which the Premises remain vacant, including interest, which sums will be payable as they become due hereunder; (iv) For all expenses incurred in releasing the Premises including, without limitation, costs for leasing commissions, remodeling and fixturing, which will be payable by Tenant as they are incurred by Landlord; and (v) While the Premises are subject to any new lease or leases for the amount by which the monthly installments payable under such new lease or leases is less than the Monthly Rent and Additional Rent payable pursuant to this Lease, which deficiencies will be payable monthly. (b) Notwithstanding Landlord's initial election to terminate Tenant's right to possession only, Landlord, at any time thereafter, may elect to terminate this Lease, and Landlord may, in addition to other remedies available at law or in equity, recover from Tenant, and Tenant agrees to pay, all direct, indirect and consequential damages suffered or incurred by Landlord allowed by law by reason of the Event of Default, plus all expenses incurred by Landlord as a result of the Event of Default including, without limitation, leasing commissions, Tenant Improvement costs and attorneys' fees. Tenant acknowledges that as part of such claim, Landlord will seek to recover from Tenant all Rent and other amounts which otherwise would have been payable from the date of the termination of the Lease through the expiration of the Tenn, subject to such adjustments and deductions as required by law. Landlord acknowledges that if Landlord elects to terminate the Lease pursuant to this Section 11.2(b), then Landlord will be obligated to use reasonable efforts to mitigate any damages suffered by Landlord which result from the Event of Default. Such amounts will be due to Landlord at the time Landlord makes said election. 16