Laserfiche WebLink
connection with this Sublease, including but not limited to any applicable ad valorem, sales, and <br /> excise taxes. <br /> 4.5 Sublessor's Lien. To secure the payment of all rent due and to become due <br /> hereunder and the faithful performance of this Sublease by Subtenant, Subtenant hereby gives to <br /> Landlord an express first and prior contractual lien and security interest on all property now or <br /> hereafter acquired (including fixtures, equipment, chattels, and merchandise) which may be placed <br /> in the Sublease Premises and also upon all proceeds of any insurance which may accrue to <br /> Subtenant or Landlord by reason of destruction of or damage to any such property. Such property <br /> shall not be removed from the Sublease Premises without the prior written consent of Landlord <br /> until all arrearages in rental and other sums of money then due to Landlord hereunder shall first <br /> have been paid. All exemption laws are hereby waived in favor of said lien and security interest. <br /> This lien and security interest is given in addition to Landlord's statutory lien and shall be <br /> cumulative thereto. Landlord shall, in addition to all of its rights hereunder, also have all of the <br /> rights and remedies of a secured party under the Uniform Commercial Code as adopted in the <br /> State of Florida (the "UCC") and Subtenant hereby authorizes Sublessor to file one or more <br /> financing statements thereunder. To the extent permitted by law, this Sublease shall constitute a <br /> security agreement under Article 9 of the UCC. <br /> 5. Right To Examine Books; Audit. Notwithstanding the acceptance by Sublessor or <br /> Landlord of payments of Percentage Rent, as hereinafter defined, Sublessor and Landlord shall <br /> have the right to Percentage Rents, respectively, and the right to examine, make extracts from and <br /> copy, at the Sublease Premises or (at the option of Sublessor) at the corporate headquarters office <br /> of Subtenant in the United States, Subtenant's and all concessionaires' books, source documents, <br /> accounts, records and sales tax reports filed with applicable government agencies in order to verify <br /> the amount of Gross Sales in and from the Sublease Premises. Subtenant shall make all such <br /> documents and records available at the Sublease Premises (or at Subtenant's corporate <br /> headquarters, if elected by Sublessor) upon five (5) days' prior written notice from Sublessor or <br /> Landlord, as the case may be. <br /> 5.1 At its option, Sublessor or Landlord may at any time, upon ten (10) days' prior <br /> written notice to Subtenant, arrange for an auditor selected by Sublessor or Landlord to conduct a <br /> complete audit (including a physical inventory) of the entire records and operations of Subtenant, <br /> including those in connection with any concessionaire concerning business transacted upon or <br /> includable in Gross Sales from the Sublease Premises during the period covered by any statement <br /> issued by Subtenant. Subtenant shall make available to Sublessor or Landlord's auditor at the <br /> Sublease Premises (or at Subtenant's corporate headquarters, if elected by Sublessor or Landlord) <br /> within ten (10) days following Sublessor or Landlord's notice requiring such audit, all of the books, <br /> source documents, accounts and records referred to in Sections 5 and 33 of this Sublease and any <br /> other materials which such auditor deems necessary or desirable for the purpose of making such <br /> audit. Subtenant shall promptly pay to Sublessor or Landlord the amount of any deficiency in <br /> percentage rent payments respectively, disclosed by any such audit. If such audit shall disclose <br /> that Subtenant's statement of Gross Sales is at variance to the extent of three percent (3%) or more, <br /> Sublessor or Landlord, as the case may be, may bill to Subtenant the amount of any deficiency and <br /> 4 <br />