201210442 - Laserfiche WebLink

Browse

201210442 thereon, including any liability for injury to the person or personal property of Lessee or of its agents, officers, or employees; b) Any work performed on the Property or materials furnished to the Property by or at the request of Lessee or its agents or employees; c) Any failure by Lessee to perform any provision of this lease or to comply with any requirement imposed on it or on the Property by any duly authorized governmental agency or political subdivision; or d) Any failure or inability by Lessee to pay as they become due any obligations incurred by it in conducting its agricultural or other operations on the Property. 13. Subleasing and Assigning Lessee shall not, without Lessor's prior writing consent: encumber, assign, or otherwise transfer this Lease, or any right or interest herein, in the Property, or any existing or future improvement constructed or installed thereon; or sublet allor part of the Property or allow any persons other than Lessee's agents, family, and servants to occupy or use all or any part thereof. A consent by Lessor to one assignment, subletting, occupation, or use by another person shall not be deemed a consent to any other assignment, subletting, occupation or use. Any encumbrance, assignment, transfer, or subletting, whether voluntary or involuntary (by operation of law or otherwise), without Lessor's prior written consent, shall be void and shall entitle Lessor to terminate this Lease. Lessor shall not unreasonably withhold his consent to any such assignment of Lessee's interest in this Lease or Lessee's subletting of the Property. 14. Abandonment by Lessee. If Lessee breaches this Lease and abandons the Property before the end of the Lease term, Lessor may: a) Continue this Lease in effect by not terminating Lessee's right to possession of the Property. In that event, Lessor may enforce all his rights and remedies under this Lease, including the right to recover the specified rent as it becomes due; or b) Terminate this Lease and recover from Lessee: 1) The worth at the time of award of the unpaid rent which had been earned at the time of termination of the Lease; 2) The worth at the time of award of the amount by which the unpaid rent for the balance of the term after the time of award exceeds the amount of rental loss that Lessee proves could be reasonably avoided; and 3) Any other amount necessary to compensate Lessor for all detriment proximately caused by Lessee's failure to perform his obligations under this Lease. 15. Default by Lessee. If Lessee shall default in performing any material term, provision, covenant, or condition required herein by Lessee to be kept, observed or performed, Lessor may terminate this Lease and reenter and regain possession of the Property. 16. Insolvency of Lessee. If Lessee shall become insolvent, this Lease shall terminate and Lessor may reenter and regain possession of the Property. Lessee shall be deemed insolvent if a receiver is appointed to take possession of all or substantially all of his property, Lessee makes a general assignment for the benefit of creditors, or Lessee is adjudicated as bankrupt under the Federal Bankruptcy Act.