4.5 SR 05-16-2022 - Laserfiche WebLink

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ARTICLE 28. SUCCESSORS AND ASSIGNS This Sub -Lease shall inure to the benefit of and be binding upon the Landlord and Tenant and upon their respective successors in interest and assigns. ARTICLE 29. GENERAL PROVISIONS No Liabilil of Partners of Landlord. Notwithstanding anything herein to the contrary, Landlord and partners of Landlord, if any, are not and will not be personally liable for performance of the covenants and agreements of Landlord herein contained, and the enforcement of the remedies of Tenant in the event of default by Landlord will be strictly limited to the equity interests of Landlord in the Project. If Landlord sells or assigns its interest in the Project, Landlord will without further written agreement be freed and relieved of liability under such covenants and obligations. oint and_Several Liability. If, at any time, there is more than one person who is a Tenant under this Sub -Lease, the liability for keeping and performing Tenant's obligations under this Sub -Lease will be joint and several with respect to each such person or entity. No Partnership. Landlord does not, in any way or for any purpose, become a partner of Tenant in the conduct of Tenant's business, or otherwise, or become a joint venture, or a member of a joint enterprise with Tenant, by virtue of this Sub -Lease. Time of the Essence: Computation of Time. Time is of the essence for each and every provision of this Sub -Lease. Whenever the last day for the exercise of any right or discharge of any duty under this Sub -Lease will fall upon a Saturday, Sunday or any date on which banks in Minnesota are closed, the party having such right or duty may exercise such right or discharge such duty on the next succeeding day which is a regular business day. Minnesota rLaw Severabilit Cations. This Sub -Lease will be governed by and construed in accordance with the domestic laws of the State of Minnesota, without giving effect to any choice of law or conflicting provision or rule (whether of the State of Minnesota or any other jurisdiction) that would cause the laws of any jurisdiction other than the State of Minnesota to be applied. In furtherance of the foregoing, the internal laws of the State of Minnesota control the interpretation and construction of this Sub -Lease, even if under such jurisdiction's choice of law or other conflict of law analysis, the substantive law of some other jurisdiction would ordinarily apply. Whenever possible, each provision of this Sub -Lease will be interpreted in such manner as to be effective and valid under such applicable laws, but, if any provision of this Sub -Lease will be held prohibited or invalid under such applicable law, such provisions will be effective only to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining portions of this Sub -Lease. The captions, articles and underscored portions of this Sub -Lease are for convenience only and will not be used in the interpretation of any of the provisions of this Sub -Lease. Exhibits. Included and incorporated herein by reference are exhibits A through D, set forth in the Schedule of Fundamental Sub -Lease Terms or otherwise stated in this Sub -Lease. -12-