81005847 - Laserfiche WebLink

Browse

$~-~-t~u584? corporation has any right, title or interest therein; that Assignor has duly and punctually performed ali and singular the terms, covenants, conditions and warranties of the identified lease(s1 on Assignor's part to be kept, observed and performed; that the identified leases} is (are} valid and unmodified except as indicated herein and i_n full force and effect. 2. That Assignor covenants and agrees as follows: To observe, perform and discharge, duly and punctually, all and singular the obligations, terms, covenants, conditions and warranties of the said Term Loan Note and Security agreement, of the identified lease (s) and of all future leases, on the part of the Assignor to be kept, observed and performed, and to give prompt notice to Assignee of any failure on part of Assignor to observe, perform and discharge same. 3. That in the event any representation or warranty herein of Assignor shall be found ,to be ur.~:rue or Assignor shall default in the observance or performance of any obligation, term, covenant, condir;on or warranty herein, then, in each such instance, the same shall constitute and be deemed to be a default under the said Term Loan Note an3 Security Agreement thereby entitling Assignee to declare all sums secured thereby and hereby immediately due and payable and to exercise any and all of the rights and remedies provided thereunder and hereunder as well as by law. 4. That the failure of the Assignee to avail itself of any of the terms, covenants and conditions of this Assignment for any period of time or at any time or times, shall not be construed or deemed to be a waiver of any such right, and nothing herein contained, nor anything done or omitted to be done by Assignee pursuant hereto shall be deemed a waiver by Assignee of any of its rights and remedies under said Term Loan Note and Security Agreement, or under the laws of the state in which the said premises are situate. 'lfie right of the Assignee to collect the said indebtedness and to enforce cry other security therefor may be exercised by Assignee, either prior to, simultaneously with, or subsequent to any action taken hereunder. S. gnat upon payment in full of all the indebtedness secured by said Term Loan Note, i:his Assignment shall become and be void and of no effect, but the affidavit, certificate, letter or statement of any officer of Assignee showing any part of said indebtedness to remain unpaid shall be and constitute conclusive evidence of the validity, effectiveness and continuing force of this Assignment, and any person, firm or corporation, may and is hereby authorized to rely thereon. 6. That all notices, demands or documents of any kind which Assignee may be required or may desire to serve upon Assignor hereunder shall be sufficiently served by delivering same to - 2 - l~ J t~