AG 1999 04 19 - Laserfiche WebLink

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D. To terminate this Lease as to any or all items of equipment. E. To pursue any other remedy at law or in equity. Notwithstanding any said repossession, or any other action which LESSOR may take, LESSEE shall be and remain liable for the full performance of all obligations on the part of LESSEE to be perfo,med under this Lease. All such remedies are cumulative, and may be exercised concurrently or separately, and the LESSEE agrees that the acceptance of rent by LESSOR or other forbearance by LESSOR shall not constitute a waiver of any of the terms and conditions of this Lease. If LESSOR employs any attorney or collection agency, or both, to collect an amount owed by LESSEE under this Lease Agreement or to enforce any other rights or pursue any remedies under this Lease Agreement, LESSEE shall pay LESSOR the amount of such fees incurred in addition to any other relief to which LESSOR may be entitled. 15. BANKRUPTCY In the event of the bankruptcy of the LESSEE, the LESSEE's interest in this Lease or any part thereof shall not be assignable or transferable by operation of law. If any proceeding under the Bankruptcy Act as amended, is commenced by or against the LESSEE, or if the LESSEE is adjudged insolvent, or if the LESSEE makes any assignment for the benefit of his creditors, or ifa writ of attachment or execution is levied on any item or items of the equipment and is not released or satisfied within ten (10) days thereafter, or if a receiver is appointed in any proceeding or action to which the LESSEE is a party with authority to take possession or control of any item or items of the equipment, LESSOR shall have and may exercise any one or more of the remedies set forth in Paragraph 14 hereof; and this Lease shall, at the option of LESSOR, without notice, immediately terminate and shall not be treated as an asset of LESSEE after the exercise of said option. 16. ASSIGNMENT Without the prior written consent of LESSOR, LESSEE shall not (a) assign, tran,sfef or pledge this Lease or the equipment or (b) sublet or lend the equipment. Nothing herein contained shall prevent LESSOR from selling, assigning, transferring or pledging this equipment or this Lease. Subject to the foregoing, this Lease inures to the benefit of, and is binding upon the heirs, legatees, personal representatives, successors and assigns of the parties hereto.