SC Everett LLC 3/24/2017 - Laserfiche WebLink

15. SIGNS. Lessee shall have the right to place identifying signage on and about the Premises with consent of Lessor,subject to compliance with all applicable laws. This consent shall not be unreasonably withheld. 16. INSOLVENCY. In the event that the Lessee shall make an assignment for the benefit of creditors,or shall be adjudicated a bankrupt,or if a receiver is appointed for the Lessee or if the property of the Lessee upon the Premises shall be seized by any enforcement officer by reason of an attachment, execution or other process,Lessor shall have the option to terminate this lease. 17. DEFAULT-TERMINATION. If Lessee materially fails to observe or perform any term or condition of this lease,the Lessor may elect to deliver written notice to the Lessee as specified in section 12 above. After failure to cure a monetary default within ten(10)days after receiving notice or a non-monetary default within thirty(30)days after receiving notice,the Lessee shall be deemed to be in default. In the event of default and upon thirty(30)days written notice of termination to the Lessee in default,the Lessor may terminate this lease. In the event of default by Lessee, Lessor will also have the right to accelerate rent owing for the remainder of the term, less the reasonable rental value of the Premises,or sublease the Premises and hold Lessee responsible for any shortfall in rent, Lessor or Lessee may upon thirty(30)days written notice to the other party terminate this lease with or without cause. 18. NO WAIVER OF COVENANTS. No waiver of any default hereunder shall be implied from any omission by either party to take any action on account of such default if such default persists or is repeated and no express waiver shall affect any default other than the default specified in the express waiver and that only for the time and to the extent therein stated. The acceptance by Lessor of rent with knowledge of the breach of any of the covenants of this lease by Lessee shall not be deemed a waiver of any such breach. One or more waivers of any breach of any covenant,term,or condition of this lease shall not be construed as a waiver of any subsequent breach of the same covenant,term,or condition. 19. DELAYED POSSESSION. In the event of the inability of Lessor to deliver • possession of the Premises for any reason whatsoever at the time of the commencement of the term of this lease,neither Lessor nor its agents shall be liable for any damage caused thereby,nor shall this lease thereby become void or voidable,nor shall the term herein specified by in any way extended,but in such event Lessee shall not be liable for any rent until such time as Lessor can deliver possession, and in the event that possession is delayed over ninety(90)days,Lessee shall have the right to terminate this lease. 20. HOLDING OVER. If Lessee, with the consent,express or implied, of the Lessor, shall hold over after the expiration of the term of this lease, the Lessee shall remain bound by all the terms,covenants,and agreements hereof,except that the tenancy shall be from month to month, at the same monthly rent payable for the last month of the lease term. 21. HEIRS. The rights,liabilities,and remedies provided for herein shall extend to the heirs,legal representatives,successors and, so far as the terms of this lease permit,assigns of the parties hereto; and the words"Lessor"and"Lessee" and their accompanying verbs or pronouns, wherever used in this lease, shall apply equally to all persons,firms or corporations which may be or become parties hereto. 22. RULES. Lessee agrees to abide by the rules and regulations governing the operation of the Premises made by Lessor from time to time,and will use reasonable methods to induce customers, clients and all persons invited by Lessee to said Premises to observe the same. 5