Reso 2025-3823 - Laserfiche WebLink

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20.1 The occurrence of any one or more of the following events shall constitute a default by Tenant under this Lease: 20. 1.1 The failure by Tenant to make any payment of Monthly Rent, taxes or any other payment required to be made by Tenant hereunder. 20.1.2 Except as otherwise provided in this Lease, the failure by Tenant to observe or perform any of the non -monetary covenants, conditions, or provisions of this Lease to be observed or performed by Tenant. 20.1.3 The admission by Tenant of its inability to pay debts as they mature. 20.1.4 Institution by or against Tenant of any bankruptcy, insolvency, reorganization, receivership or other similar proceeding involving the creditors of Tenant. 20.1.5 The issuance or filing of any judgment, attachment, levy, garnishment or the commencement of any related proceeding or the commencement of any other judicial process upon or with respect to Tenant, all or substantially all of the assets of Tenant, or the Property. 20.1.6 Sale or other disposition by Tenant of substantially all of its assets. 20.1.7 Dissolution, merger, consolidation, termination of existence, insolvency, business failure or assignment for the benefit of creditors of or by Tenant. 20.1.8 Any material statement, representation or information made or furnished by or on behalf of Tenant to Landlord in connection with or to induce Landlord to enter into this Lease shall prove to be materially false or misleading when made or furnished. 20.2 Remedies. Upon the occurrence of a default by Tenant pursuant to the foregoing Section or otherwise in under this Lease, Landlord may at any time thereafter, with or without notice or demand and without limiting Landlord in the exercise of any right or remedy which Landlord may have by reason of such default: 20.2.1 Terminate Tenant's right to possession of the Property by any lawful means, in which case this Lease and the term hereof shall terminate and Tenant shall immediately surrender possession of the Property to Landlord. In such event, Landlord shall be entitled, at its option, and without notice to Tenant, to accelerate the remaining rent due and to recover from Tenant all damages incurred by Landlord by reason of Tenant's default. 20.2.2 Maintain Tenant's right to possession of the Property by any lawful means, in which case this Lease and the term hereof shall continue in effect whether or not Tenant shall have vacated or abandoned the Property. In such event Landlord shall be entitled to enforce all of Landlord's rights and remedies under the Lease, including the right to recover the rent as it becomes due hereunder. 20.2.3 Pursue any other remedy now or hereafter available to Landlord under the laws 420