AG19880118 - Laserfiche WebLink

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4. RELEASE OF LIABILITY: Lessee agrees to hold Lessor completely blameless from any and all liability which may arise due to Lessee's use of the leased properties. Lessee assumes full responsibility for any and all liability which may arise as a result of using the said premises for the intended purpose as stated herein. 5. OPTION BY LESSEE TO TERMINATE LEASE: If Lessee has paid all installments of rental theretofore due and has done and performed all matters and things herein specified to be done and performed by it, it may terminate this lease by giving to the Lessor thirty (30) days written notice of its intention to do so and paying to Lessor an additional amount equal to one (1) month's rent of the premises. Lessee may terminate at any time without penalty should it be unable to fly the paraplane over the leased premises or landfill due to any type of governmental action. 6. BANKRUPTCY OR INSOLVENCY OF LESSEE~ It is expressly agreed that if, at any time during the term of this lease, Lessee should be adjudged bankrupt or insolvent by any federal or state court of competent jurisdiction, LesSor may at its option, declare this lease terminated and cancelled and take possession of the said premises. 7, ASSIGNMENT AND SUBLE~fING: Lessee shall have the right to sublet or assign all or any portion of the demised premises for a use substantially similar to the use to which Lessor has leased the entire premises bug shall not have the right to sublet or assign the lease for any other purpose without the written consent of Lessor. 8. FORFEITURE FOR NON-COMPLIANCE: It is expressly agreed that if any monthly installment of rent as herein called for shall remain overdue and unpaid for forty-five (45) days, Lessor may at its option at any time after such default declare this lease terminated and oancelled and take possession of said premises.