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5.4. SR 03-17-2008
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5.4. SR 03-17-2008
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of Tenant's assets located at the leased premises or of Tenant's <br />interest in this Lease Agreement, where such seizure is not <br />discharged within forty-five (45) days. In the event of any such <br />material default or breach of Tenant, Landlord may at any time <br />thereafter without limiting Landlord in the exercise of any right or <br />remedy at law or in equity which Landlord may have by reason of <br />such default or breach. <br />In the event of any breach of this Lease Agreement by T (iEyfiitg aLandlord shall have <br />the immediate right of re-entry and possession of the lease~l~~emises; which such right <br />remains continuous until such time as Tenant shall have c~ ~+ah default. Additionally, <br />Landlord shall have the right to terminate this Lease Ag men- „ ritten notice of such <br />intention to Tenant. <br />In the event Landlord elects to terminate `Lease Agreement, Tf~~rJt's liability for <br />rent and other sums payable hereunder and ~ ~ nn any=ia herterm, conk It', covenant <br />or agreement on its part to be performed under e~siAgreement sh~l cease and <br />terminate as to any period subsequent to the date~°' ich Landlord delivers to Tenant <br />written notice of such termination. TQ{I~nt shall remain~~~ however, for all rent and the <br />performance of all terms, conditions a~~ ~ements rela r€~~` matters priorto the date of <br />I ~~'~ ~ ii c~# r4 ,~r° <br />such termination. ~~, ¢,Is,,, ~.t;;l~ <br />20. DEFAULT OF LANDLORDI~ L,~tlldt€i~ ~it~ be in default of this Lease <br />Agreement if it fails or r~~ o perform ){I~~rovision;Fthis Lease Agreement that it is <br />obligated to pertorm ~ ~cu~ ithin thirty~• )days after written notice of the default has <br />been given by Ter Landl If the defy l~t cannot reasonably be cured within thirty <br />(30) days, Landlord s'~ ~ t be °~ default of this L_~°ase Agreement if Landlord commences <br />to cure the default within ~ ~ ~~ ~ `~~ <br />t , ~~~icd and diligently and in good faith continues <br />to cure thlg(' ~t~~ ! <br />~ f II ' ~ ~~ <br />,l~ COMPL~ E WN`~ 4 hs4WS. Tenant shall comply with all laws and <br />regti~ati; i.conceming lease` 'remises or Tenant's use of the leased premises, <br />including, ut limitatio he ob°ligation to comply with any code, law or regulation that <br />requires alte' _., ns, additi or restoration to the leased premises. <br />22. EN' [IiiENTAL MATTERS. As used herein, the term "hazardous <br />substances" means hazardous or toxic substance, material or waste which is or <br />becomes regulated<~ y any local, state or federal governmental authority. The term <br />"hazardous substances" includes but is not limited to any material substance which is (i) <br />designated as a "hazardous substance" pursuant to section 311 of the Federal Water <br />Pollution Control Act (33 U.S.C. section 1317); (ii) defined as a "hazardous substance" <br />pursuant to section 1004 of the Federal Resource Conservation and Recovery Act, 42 <br />U.S.C. section 6901, et seq. (42 U.S.C. section 6903); or (iii) defined as a "hazardous <br />substance" pursuant to section 101 of the Comprehensive Environmental Response <br />Compensation and Liability Act (42 U.S.C. section 9601, et seq.). As used herein, the <br />term, "environmental requirements" means all laws, ordinances, rules, regulations, orders <br />
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