Laserfiche WebLink
11 <br />(f) Multiple Events of Default. Notwithstanding any cure periods specified in <br />this Section 19, after the occurrence during the Term of any two events which after the giving of <br />notice or the lapse of time would become an Event of Default, Tenant shall neither be entitled to <br />notice nor an opportunity to cure and Landlord, at its option, may immediately declare an Event <br />of Default. <br />20. REMEDIES. Upon any Event of Default, Landlord may, in addition to all other rights <br />and remedies afforded Landlord under this Lease or by law or equity, take any one or more of <br />the following actions: <br />(a) Termination of Lease. Terminate this Lease by giving Tenant written <br />notice, in which event Tenant shall pay to Landlord the sum of (i) all rent accrued under this Lease <br />through the date of termination, (ii) all other amounts due hereunder, plus interest at the Default <br />Rate, and (iii) an amount equal to the total rent that Tenant would have been required to pay for <br />the remainder of the Term discounted to present value based on the then U.S. Treasury yield <br />rate for ten-year notes; or <br />(b) Termination of Possession <br />Premises without terminating this Lease by giving written notice thereof to Tenant, in which <br />event Tenant shall pay to Landlord (i) all rent and other amounts accrued under this Lease to the <br />date of termination of possession, (ii) all amounts due from time to time, and (iii) all rent and <br />other net sums required under this Lease to be paid by Tenant during the remainder of the Term, <br />diminished by any net sums thereafter received by Landlord through reletting the Leased <br />Premises during such period, after deducting all reasonable costs incurred by Landlord in <br />reletting the Leased Premises. If Landlord elects to proceed under this subsection, Landlord may <br />warehouse at a reasonable cost to, and for the account of, Tenant, without becoming guilty of <br />trespass, or liable for any reasonable loss or damage that may be occasioned thereby. Landlord <br />shall use commercially reasonable efforts to relet the Leased Premises on such terms as Landlord <br />in its sole discretion may determine (including a lease term different from the Term, rental <br />concessions, use of brokers and alterations to, and improvement of, the Leased Premises); <br />however, Landlord is not obligated to relet the Leased Premises before leasing other portions of <br />the Building or property and Landlord is not obligated to accept any prospective tenant proposed <br />criteria. Landlord shall n <br />such reletting. Tenant is not entitled to the excess of any consideration obtained by reletting <br />over the rent due under this Lease. Reentry by Landlord in the Leased Premises shall not affect <br />Term; rather, Landlord may, from time <br />to time, bring an action against Tenant to collect amounts due by Tenant, without the necessity <br />Term. Unless Landlord delivers written notice to <br />Tenant expressly stating that it has elected to terminate this Lease, all reasonable actions taken <br />by Landlord to dispossess or exclude Tenant from the Leased Premises shall be deemed to be <br />taken under this subsection 20(b). If Landlord elects to proceed under this subsection 20(b), it <br />may at any time elect to terminate this Lease. Tenant hereby waives all claims for damages that <br />-entering and taking possession of Leased Premises or removing