13.
<br />
<br />Tenant agrees, at its own expense, to comply promptly with all requirements of any legally constituted public
<br />authority made necessary by reason of Tenant's oocupanc~ of the Premises. Landlord agrees to comply promptly
<br />with any such requirements if not made necessar~ by reason of Tenant's Occupancy. It is mutually agreed,
<br />however, between Landlord and Tenant, that if in order to comply with such requirements, the cost to Landlord
<br />or Tenant, aa the case may be, shall exceed a sum equal to one year's rent, then Landlord or Tenant who is
<br />obligated to comply with such requirements may terminate this Lease by giving written notice of termination
<br />to the other party by registered mall, which termination shall become effective sixty (60) days after receipt
<br />of such notice and which notice shall eliminate the necessity of compliance with such requirements by giving
<br />such notice unless the party giving such notice of termination shall, before termination becomes effective,
<br />pay to the party giving notice all cost of compliance in excess of one year's rent, or secure payment of said
<br />sum in manner satisfactory to the party giving notice.
<br />
<br />CONDE~ATION
<br />
<br />14.
<br />
<br />If the whole of the Premises, or such portion thereof as will make the Prem/ses unusable for the purposes
<br />therein leased, are condemned by any legally constituted authority for any public use or purpose, then in
<br />either of said events the term hereby granted shall cease from the date when possession thereof is taken by
<br />public authorities, and rental shall be accounted for as between Landlord and Tenant as of said date. Such
<br />term/nation, however, shall be without prejudice to the rights of either Landlord or Tenant to recover
<br />compensation and damage caused by condemnation from the condemnor. It is further understood and agreed that
<br />neither the Tenant nor Landlord shall have any rights in any award made to the other by any condemnation
<br />authority notwithstanding the termination of the Lease as herein provided. Agent may become a party to the
<br />conde~ation proceeding for the purpose of enforcing his rights under this paragraph.
<br />
<br />A~IG~ENT AND SUBL~r£ING
<br />
<br />15.
<br />
<br />Tenant shall not, without the prior written consent of Landlord, which shall not be unreasonably withheld,
<br />assign this Lease or any interest hereunder, Or sublet the Prem/ses or any part thereof, or permit the use
<br />of the Premises by any party other than the Tenant. Consent to any assignment or sublease shall not Impair
<br />this provision and all later assignments or subleases shall be made likewise only on the prior written consent
<br />of Landlord. The Assignee of Tenant, at option of Landlord, shall become directly liable to Landlord for all
<br />obligations of Tenant hereunder, but no sublease or assignment by Tenant shall relieve Tenant of any liability
<br />hereunder.
<br />
<br />EVENTS OF DEFAULT
<br />
<br />16. The happening of any one or more of the following events (hereinafter any one of which may be referred to as
<br /> an "Event of Default") during the term of this Lease, or any renewal or extension thereof, shall constitute
<br /> a breach of this Lease on the part of the Tenant: (1) Tenant fails to pay the rental as provided for herein;
<br /> (2) Tenant abandons or vacates the Premises; (3) Tenant fails to comply with or abide by and perform any other
<br /> obligation imposed upon Tenant under this Lease; (4) Tenant is adjudicated bankrupt; (5) a permanent receiver
<br /> is appointed for Tenant's property and such receiver is not removed within sixty (60) days after written
<br /> notice from Landlord to Tenant to obtain such removal; (6) Tenant, either voluntarily or involuntarily, takes
<br /> advantage of any debt or relief proceedings under any present or future law, whereby the rent or any part
<br /> thereof is, or is proposed to be, reduced or payment thereof deferred; (7) Tenant makes an assignment for
<br /> benefit of creditors; or (8) Tenant's effects are levied upon or attached under process against Tenant, which
<br /> is not satisfied or dissolvedwithin thirty (30) days after written notice from Landlord to Tenant to obtain
<br /> satisfaction thereof.
<br />
<br />UPON DEFA%~LT
<br />
<br />17.
<br />
<br />Upon the occurrence of Events of Default, Landlord may pursue any one or more of the following remedies
<br />separately or concurrently, without prejudice to any other remedy herein provided or provided by law; (a) if
<br />the Event of Default involves nonpayment Of rental and Tenant fails to cure such default within ten (10) days
<br />after receipt of written notice thereof from Landlord, or if the Event of Default involves a default in
<br />performing any of the terms or provisions of this Lease other than the payment of rental, and Tenant fails
<br />to cure such default within thirty (30) days after the receipt of written notice of default from Landlord,
<br />Landlord may terminate this Lease by giving written notice to Tenant and upon such term/nation shall be
<br />entitled to recover from Tenant damages in an amount equal to all rental which is then due and the present
<br />value (discounted at ten percent (10%) per Annum) of all rental which would otherwise have become due
<br />throughout the remaining terms of this Lease, or any renewal or extension thereof (as if this Lease had not
<br />been terminated); or (b] if the Event of Default involves any matter other than those set forth in i~em (a)
<br />of this paragraph 17, Landlord may term/hate this Lease by giving written notice to Tenant and, upon such
<br />termination, shall be entitled to recover from the Tenant damages tn an amount equal to al! rental which is
<br />then due and the present value (discounted at ten percent (10%) per Ann~m) of all rental which would otherwise
<br />have become due throughout the re~aining term of this Lease, or any renewal or extension thereof (as if this
<br />Lease had not been terminated); or (c) upon any Event of Default, Landlord as Tenant's agent, without
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