Reso 2011-1735 - Laserfiche WebLink

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Section 4. Surrender of Premises. Tenant shall and will on the last day of the Term hereof or upon any earlier expiration or termination of this Lease, surrender and deliver up the Land and all Improvements into the possession and use of Landlord without fraud or delay and, subject to the provisions of Articles XVIII of this Lease, in the condition at the time of completion of construction of the Improvements, ordinary wear and tear accepted.. Section 5. Responsibility at Termination of Lease Upon the termination of this Lease, Tenant shall have the right to remove all furniture, furnishings, trade fixtures, equipment, supplies, inventories and other personality whatsoever brought upon and/or installed on the Land by Tenant. Section 6. Abandonment of Personal Property, Any personal property of Tenant or any sublessee or space lessee which shall remain on the Premises and Improvements, or any part thereof, sixty (60) days after the termination or expiration of this Lease and the removal of Tenant or such sublessee or space lessee from the Land and Improvements may, at the option of Landlord, be deemed to have been abandoned by Tenant or such sublessee or space lessee and either may be retained by Landlord as its property or be disposed of without accountability, in such manner as Landlord may see fit. Section 7. Responsibility. Landlord shall not be responsible for any loss or damage occurring to any property owned by Tenant, any sublessee, any space lessee or any occupant. Section 8. The provisions of this Article XVI shall survive any termination or expiration of this Lease, including a termination pursuant to the provisions of Articles XVII of this Lease. ARTICLE XVII Defaults and Remedies Section 1. Default by Tenant. The following shall be deemed a default by Tenant: (a) Tenant shall make default in the payment of the Rent expressly reserved hereunder, or any part of the same, and such default shall continue for fifteen (15) days after written notice, or shall make default in the payment of any other charge required to be paid by Tenant hereunder or any part of the same, and such default shall continue for fifteen (15) days after written notice. Notwithstanding the foregoing, any payments due hereunder received more than fifteen (15) days after the due date shall accrue interest at the lesser of three percent (3%) per annum or the highest non-usurious rate permitted under applicable law accruing from the date such payment was due; or (b) Tenant shall make an assignment for the benefit of creditors; or (c) a voluntary petition be filed by Tenant for relief under Title 11 of the United States Code, as amended or any other present or future federal or state insolvency, bankruptcy or similar law; or 22