Laserfiche WebLink
other remedy available at law or in equity. Landlord shall have all remedies provided in the Lease • <br />and under governing law. All of the remedies given to Landlord in this Lease or by law shall be <br />cumulative, and the exercise of one right or remedy by Landlord shall not impair its right to exercise <br />any other right or remedy. <br />In the event of election under (2) above to terminate Tenant's right to possession only, <br />Landlord may, at Landlord's option, proceed to demand possession by notice and proceeding under <br />the Unlawful Detainer Law of Minnesota and take and hold possession thereof without such <br />proceeding or entry into possession terminating this Lease or releasing Tenant in whole or in part <br />from Tenant's obligation to pay the rent hereunder for the full term. Upon re-entry Landlord may <br />remove all personal property from the Leased Space and such property may be removed and stored in <br />a public warehouse or elsewhere at the cost of and for the account of Tenant, all without service of <br />notice or resort to legal process and without being deemed guilty of trespass, or becoming liable for <br />any loss or damage that may be occasioned thereby. Upon and after entry into possession without <br />termination of Lease, Landlord shall use reasonable efforts to relet the premises, or any part thereof <br />for the account of Tenant, to any other person, firm or corporation, for such rent and other charges for <br />such-time and upon such terms as Landlord, in Landlord's sole subjective discretion shall determine, <br />but Landlord shall not be required to accept. any potential tenant offered by Tenant or to observe any <br />instruction given by Tenant about such reletting. Landlord may make repairs or redecorate the <br />premises to the extent deemed by the Landlord necessary. or commercially reasonable. <br />Notwithstanding any action of possession or re-entry into the Leased Premises by the Landlord as <br />permitted in this Article, or termination of this Lease as permitted under this Article, it is stipulated <br />and agreed that Tenant shall remain liable to Landlord for damages for breach of this Lease and of <br />Tenant's covenants hereunder in an amount equal to the total of the following: <br />(a) All fixed minimum rent, additional rent, late charges, additional rent payable <br />for and otherwise, and any and all charges payable by Tenant hereunder or <br />under other agreements with the Landlord due for the period prior to the date <br />of termination of this Lease or re-entry but unpaid, together with additional <br />late charges from the due date until paid; PLUS <br />(b) All costs and expenses incurred by Landlord in connection with re-entry and <br />repossession of the Leased Space, the repair, renovation, remodeling, or <br />redecoration thereof to the state required by this Lease upon termination, or <br />as may be necessary for reletting, and any brokers' commissions, attorneys' <br />fees, and other charges incurred in connection therewith or in connection with <br />reletting the Leased Space, including attorneys' fees, expended in the <br />collection of rents; PLUS <br />(c) A sum equal to the present value of all rents that would have been payable <br />hereunder after the date of termination or re-entry for the balance of the term <br />of this Lease had:the Lease not been terminated or re-entry made, together <br />with interest thereon at the rate of two percent (20 o) per annum in excess of <br />the prime rate as quoted by U.S. Bank National Association to its best <br />customers, or the highest rate permitted by law, whichever is less from due <br />date until paid, PROVIDED THAT, in the event the Leased Space is relet • <br />(which reletting shall in no event relieve or release Tenant of or from liability <br />E:3 <br />