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4.5 SR 05-16-2022
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4.5 SR 05-16-2022
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C. In the event suit shall be brought for recovery of possession of the Demised <br />Premises or for any other remedy available to Landlord after Tenant's Default, and in the event <br />such Default by Tenant shall be established in such action, then Tenant shall pay to Landlord all <br />expenses therein incurred, including reasonable attorney's fees, together with interest at the rate <br />of one and one-half percent (1.5%) per month from the date of Default on all damages awarded, <br />attorney's fees and expenses. <br />D. No remedy herein or elsewhere in this Sub -Lease, or otherwise by law, statute or <br />equity conferred upon or reserved to Landlord or Tenant, shall be exclusive of any other rem- <br />edy, but all such remedies shall be cumulative, and may be exercised from time to time and as <br />often as the occasion may arise. <br />ARTICLE 20. LANDLORD'S WARRANTY <br />Landlord warrants and covenants that upon Tenant's paying the rents and performing <br />the covenants and agreements herein stated, Tenant shall and may peaceably and quietly have, <br />hold and enjoy the Demised Premises for the term herein set forth. Landlord shall not be <br />deemed to be in default under this Sub -Lease until Tenant has given Landlord written notice <br />specifying the nature of the default and Landlord does not cure such default within thirty (30) <br />days after receipt of such notice or within such reasonable time thereafter as may be necessary <br />to cure such default where such default is of such a character as to reasonably require more than <br />thirty (30) days to cure. <br />ARTICLE 21. RENT DUE ABSOLUTELY <br />Tenant's obligations to pay Base Rent and Additional Rent are each independent of any <br />other provision of this Sub -Lease, and such rents shall be due irrespective of any claim of setoff <br />or other claim by Tenant against Landlord. All rents due under this Sub -Lease shall be due at <br />the times specified herein; provided, however, that if Additional Rent is increased, the amount <br />of the increase shall first be due on the later of the twentieth (20th) day following notice of the <br />increase, or when the increase would otherwise be payable. Any monies other than rent <br />payable by Tenant under this Sub -Lease shall be due on the twentieth (20th) day following <br />Landlord's invoice therefor, unless this Sub -Lease provides a different time. All accrued rent <br />and other monies, if not paid when due, shall unless otherwise specified herein bear interest at <br />the lesser of eighteen percent (18%) per annum or the maximum rate permitted by law. All <br />accrued rent and other monies, if not paid within ten (10) days of the due date, shall be subject <br />to a late fee of the greater of $50.00 or two percent (2%) of the delinquent payment, to cover <br />Landlord's costs of monitoring the delinquency. <br />ARTICLE 22. RIGHT OF ENTRY <br />As the space to the Demised Premises is entirely within Landlord's property originally <br />leased by Landlord from Property owner, Tenant shall permit Landlord, its agents and <br />contractors to enter the Demised Premises at all times for any purpose, including (but not by <br />-9- <br />
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