08-E Chamber/Depot Lease - Laserfiche WebLink

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A. Failure of LESSEE to comply with any term, condition, or covenant of this Lease, and such failure shall not be cured within thirty (30) days after written notice thereof to LESSEE. B. Insolvency, the making of a transfer in fraud of creditors, or the making of an assignment for the benefit of creditors by LESSEE or any guarantor of LESSEE's obligations. C. Filing of a petition under any section or chapter of the National Bankruptcy Act, as amended, or under any similar law or statute of the United States or any State thereof by LES SEE or any guarantor of LES SEE' s obligations, or adjudication as a bankrupt or insolvent in proceedings filed against LESSEE or such guarantor. D. Appointment of a receiver or trustee for all or substantially all of the assets of LES SEE or any guarantor of LES SEE' s obligations. E. Abandonment by LESSEE of any substantial portion of the leased Premises or cessation of use of the leased Premises for the purposes leased. F. The filing of any lien against the leased Premises resulting from any act or omission of LESSEE which is not discharged or contested in good faith as determined by LESSOR by proper legal proceedings within fifteen (15) days of receipt of actual notice by LESSEE, unless LESSEE posts a bond within this time period equal to the amount of the lien. In the event of any default by the LESSEE that is not cured within thirty (30) days of receiving notice from LESSOR, LESSOR may, in addition to any other remedies available to it, terminate this Lease. In addition to the termination and forfeiture right described in the preceding paragraph, LESSOR shall have the following rights and remedies upon default by LESSEE: A. The recovery of any damages, costs, fees, and expenses incurred by LESSOR as a result of the breach of the Lease by LES SEE, including reasonable attorneys' fees and expenses. Chamber of Commerce Lease - Page 10