Laserfiche WebLink
� ;. <br /> 17.1.2 Failure t�erform• The failure by Tenant to observe or perform <br /> any of the covenants, conditions or provisions of this Lease to be observed or performed by the <br /> Tenant, other than payment of rent, where such failure shall continue for a period of thirty (30) <br /> days aftcr written notice thereof by Landlord to tenant; provided, however, that if the nature of <br /> Tenant's default is such that more than thirty (30) days are reasonably required for its cure, ihen <br /> Tenant shall not be deemed ro Ue in defau]t if Tenant commences such cure within said thirty <br /> (30)day period and thereafter diligently prosecutes such cure to completion. <br /> 17.1.3 BankruptcY. The making by Tenant of any general assignment or <br /> general arrangement for thc benefit of creditors; or by the filing by or against Tenant of a petition <br /> to have Tenant adjudged bankrupt, or a petition or reorganization or arrangement under any Is�v <br /> relating to bankruptcy (unless, in the cor the appo ntmenfiof aagru tee or aarece versto take <br /> dismissed within sixty (60) days filing); <br /> possession of substantially all of Tenant's assets located at the Pr da�seafler�aT ointmenttof said <br /> this Lease, where such seizure is not discharged in thirty (30) y PP <br /> [rustee or receiver, or the filing of a petition for the appointment of the same, wltichever shall <br /> first occur. <br /> 17.1.4 Va��tine thc Premises. The vacating or abandonment of the <br /> Premises by Tenant or the failure of Tenant to be open for business (except in .he event of <br /> damage or destruction to the Premises which prevents Tenant from conducting any business <br /> thereon). Tenant shall be conclusively deemed to have abandoned the Premises upon removal of <br /> all ar substantially all personal property of Tenant from the Premises (unless prior written notice <br /> ���as given to Landlord explaining the basis for such removal and that occupancy�vas intcnded to <br /> be re-commenced within twenty (20) days), or failure by Tenant to be open for business at the <br /> Premises during regular business hours for seven (7) consecutive days. <br /> 17,2 Remedies in Default. In the event of any such default or breach by <br /> Tena�it, Landlord may at any timc thereafter, widi or without notice or demand and without <br /> limiting Landlord in the exercise of any right or remedy which Landlord may have by reason of <br /> such default or breach: <br /> 17.2.1 Terminate Tenant's right to possession of the Premises by any <br /> lawful means, in which case this Lease shall terminate and tenant shall immediately sunender <br /> possession of die Premises to Landlord. In such event Landlord shall be entiiled ro recover from <br /> Tenant all damages incurred by Landlord by reason of Tenant's defa ens Scofa letbngnlncluding <br /> to: (i) the cost of recovering possession of the Premises; (ii) exp <br /> necessary renovation and alteration of the Premises; (iii) reasonable attorneys fees, an�ya e�a1 <br /> estate commission actually paid, and tha;'able to tl a unexpir d te�rm ofsthis Lease; (iv) all <br /> Landlord with respect to this Lease, app lus interest as <br /> unpaid rent due at the time of award by the court having jurisdiction thereof, p <br /> provided below; plus the worth at the time of the award of all unpaid rent and other charges <br /> required herein for die balancc of the lease term after the time of such award, except to the extent <br /> that Tenant proves such amount can reasonably be avoided by relettina the Premises; (v) any <br /> other amount, including reasonable attorneys fees and court costs, nece�sa�7'�f Landlord has <br /> Landlord for all detriment proximately caused by Tenant's default; and ( i) <br /> 10 <br /> I.SCHREIF3ER COMMERCIAL LEASE <br />