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Mar 05 03 01:05p - RITAGE HANK 028454598 p.20 <br />200402532 <br />or in and no acce ance by of rent or other ance of this Agreement <br />from or by signee or subtenant all, in ent, relieve or release Tenant of the <br />primacy responsibi r all cove uties, and obligations hereunder or constitute a <br />waiver of such respons' ' if Landlord sells or transfers all or any portion of the <br />Premises, Lan , on consummatio a sale or transfer, shall be released from any <br />liabilit re accruing under this Agreeme andlord's successor has assumed in <br />�vrlting, for the benefit of Tenant, Landlord's obligations un reement. <br />9. Default. Each of the following acts and omissions shall constitute a default by <br />Tenant and a breach of this Agreement: <br />a. The failure of the Tenant to pay any installment of Fixed Minimum Rent, <br />which failure persists after the expiration of five (5) days from the date the payment <br />becomes due. <br />b. A failure on the part of the Tenant to reasonably observe or perform any of <br />the other Let-ins, covenants, or conditions of this Agreement, which after notice is given by <br />the Landlord of such failure, Tenant continues to willfully or intentionally disregard such <br />other terms, covenants and conditions of this Agreement. <br />C. Any assignment for the benefit of creditors which creates a lien or <br />encumbrance on the Premises without the prior written consent of the Landlord. <br />d. Failure of Tenant to maintain insurance coverage as provided by this <br />Agreement. <br />10. Remedies. Upon a default by Tenant, Landlord shall be entitled to all remedies at <br />law or in equity arising from such default. In the event of any default by Tenant <br />hereunder, Landlord at any time thereafter may, at its option, give Tenant five (5) days <br />written notice of intention to terminate Tenant's right to possess the Premises and <br />thereupon at the expiration of said five (5) days Tenant's possessory interest under this <br />Agreement shall expire, and Tenant shall quit and surrender the Premises to Landlord. If <br />Landlord elects to re -enter and recover possession of the Premises, Landlord may, at the <br />election of Landlord, either terminate this Agreement or relet the Premises on such terms <br />and conditions as Landlord may determine. <br />11. Termination. Upon the termination of the Agreement, 'Tenant shall: <br />a. Return all keys and deliver possession of the Premises to Landlord in as <br />good condition as at the commencement of the term, ordinary wear and casualty damage <br />excepted; <br />b. Leave undisturbed on the Premises all improvements and non -trade <br />fixtures, which shall be deemed to be the property of Landlord; <br />