CCP 11-24-2009 - Laserfiche WebLink

Home Browse Search

above and foregoing events; save and except as to any such damages caused by the willful negligence of the Landlord, its agents .or employees, provided such damages are not recoverable by Tenant pursuant to,the insurance policies required to be provided by Tenant under this Lease or otherwise: ARTICLE X - TENANT'S DEFAULT 10.1 EVENTS OF DEFAULT. The following events shall be deemed to be events of default by Tenant under this Lease: (a) Tenant shall fail to pay when due any installment of rent, or other charges provided herein, or any portion thereof and the same shall remain unpaid after the first of the month; or. (b) Tenant shall for reasons other than those specifically permitted in this Lease, cease to conduct its normal business operations in the Leased Space or shall vacate or abandon Leased Space. Tenant will be deemed to have vacated, closed or abandoned the Leased Space if it fails to conduct its business on the Leased Space during regular working hours for a period of more than ten (10) consecutive business days; or (c) Tenant shall do or permit to be done anything that creates a lien upon the Leased Space; and does not cause said lien as to Landlord's interest in the property to be released within ten (10) days after written notice from Landlord; or (d) Any representation or warranty made in writing to Landlord in this Lease or in connection with the making of this Lease, by Tenant or any guarantor, shall prove at any time to have been incorrect in any material respect when made or becomes incorrect;. or (e) Tenant shall have failed to comply with any other provisions of this. Lease and shall not cure any failure within thirty (3 0) days, or such longer period of time as maybe reasonably required to cure such default, after Landlord, by written notice, has informed Tenant of such noncompliance. 10.2 LANDLORD'S REMEDIES. Upon the occurrence of any of the above listed events . of default, Landlord may elect to either: (1) terminate this Lease; or (2) terminate Tenant's right to possession only without terminating this Lease, hereinafter referred to as re-entry;(3) pursue any other remedy available at law or in equity. Landlord shall have all remedies provided in the Lease and under governing law. All of the remedies given to Landlord in this Lease or by law shall be cumulative, and the exercise of one right or remedy by Landlord shall not impair its right to exercise any other right or remedy. In the event of election under (2) above to terminate Tenant's right to possession only, Landlord may, at Landlord's option, proceed to demand possession by notice and proceeding under