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Corporation; and further represents and warrants that this Lease is binding upon said Corporation in accordance with its <br />terms. <br />17. DEFAULT. <br />li.l. Default by Tenant. The occurrence of any one or more of the following events shall constitute a default <br />and breach ofthis Lease by Tenant. <br />l7.l.l. Vacating the Premises. The vacating or abandonment ofthe Premises by Tenant or the failure <br />ofTenant to be open for business (except in the event ofdamage or destruction to the Premises which prevents Tenant <br />from conducting any business ttrereon) for a period oftime exceeding twenty-eight (28) consecutive days. <br />17.1.2. Failure to Pay Rent The failure by Tenant to make any payment of Rent, Adjustrnents, or <br />any other payment required to be made by Tenant hereunder, as and when due, where such failure shall continue for a <br />period ofthree (3) days after written notice thereofby Landlord to Tenant. <br />17.1.3. Failure to Perform. The failure by Tenant to observe or perform any of the covenants, <br />conditions or provisions ofthis Lease to be observed or performed by the Tenan! where such failure shall continue for a <br />period of thirty (30) days afterwritten notice thereof by Landlord to Tenant; provided, however, that if the nature of <br />ienant's default is such that more than thirly (30) days are reasonably required for its cure, then Tenant shall not be deemed <br />to be in default if Tenant commences such cure within said thirty (30) day period and thereafter diligently prosecutes such <br />cure to completion. <br />17.2. Remedies in Tenant Default. In the event of any such default or breach by Tenant, Landlord may at <br />any time thereafter, with or without notice or demand beyond that notice, if any, required under this Section or such other <br />applicable notice period required under a particular Section of this Lease, and without limiting Landlord in the exercise of <br />a right or remedy which Landlord may have by reason of such default or breach: <br />17.2.1. Terminate Lease. Terminate Tenant's right to possession of the Premises by any lawful <br />means, in which case this Lease shall terminate and Tenant shall immediately surrender possession of the Premises to <br />Landlord. In such event Landlord shall be entitled to recover from the Tenant all past due Rents, adjustrnents, and other <br />charges; the expenses ofreletting the Premises, including necessary renovation and alteration ofthe Premises, reasonable <br />attomeys' fees and costs; the worttr at the time of award by the court having jurisdiction thereof of the amount by which <br />the unpaid Rent and other charges and adjustments called for herein for the balance ofthe Lease Term after the time of <br />such award exceeds the amount of such loss for the same period that Tenant proves could be reasonably avoided; and that <br />portion of any leasing commission paid by Landlord and applicable to the unexpired Lease Term of this Lease, providing <br />ihat should the Lease be subject to termination during a Lease assignment or subletting , Landlord shall offer to relet <br />Premises to Tenant on the same terms and conditions after Termination so long as Tenant pays all past due Rents, <br />adjustrnents, and other charges, including liquidated damages, interest and attomey's fees within thifiy (30) days of <br />Termination of Sub-Tenant or Assignee. Should Tenant fail to agree to relet the Premises within fifteen (15) days of the <br />Landlord's Notice to Re-Let or fail to pay all sums due within thirty (30) days, then Landlord may proceed with all other <br />remedies herein. Unpaid installments of Rent or other sums shall bear interest from the date due at the rate of ten percent <br />(10%o) per annum. <br />17.2.2. Continue the Lease. Maintain Tenant's right to possession, in which case this Lease shall <br />continue in effect whether or not Tenant shall have abandoned or vacated the Premises, In such event, Landlord shall be <br />entitled to enforce alt of Landlord's right and remedies under this Lease, including the right to recover past due Rents, <br />adjustrnents, and other charges, the Rent and any other charges and adjustments as may become due hereunder, and at <br />Landlord's option, to recovei the worth at the time of the award by the court having jurisdiction thereof of the amount by <br />which the unpaid Rent and other charges and adjustments called for herein for the balance ofthe Lease Term after the time <br />of such award exceeds the amount of such loss for the same period that Tenant proves could be reasonably avoided. <br />17.2.3. Reletting for Tenant's Account. Subject to 17 .2.1 above,Landlord may re-enter and attempt <br />to relet without terminating this Lease and remove all persons and property from the Premises (which property may be <br />removed and stored in a public warehouse or elsewhere at the cost and risk of, and for the account of, Tenant), all without <br />Commercial Building Lease <br />Page 13 of26