RES 03043 - Laserfiche WebLink

ATTACHMENT A Records of the jurisdiction in which the Land is located. In the event the Lessor intends to sell all or any part of the Land, the Lessor shall notify, the lessee of such intention and the terms of such sale not later than ninety (90) days before anticipated close of escrow. The Lessee shall then have sixty (60) days after the receipt of notice fi.om the Lessor to exercise a fight of first refusal on the same terms as are included in the kessor's notice to the Lessee. In the event of a sale. assi~munent. transfer or conveyance by Lessor of the Land or its fights under this Lease, the same shall operate to release the Lessor from any future liability upon any of the covenants or conditions of this Lease, expressed or implied, in favor of Lessee, and in such event the Lessee shall look solely to the successor in interest of the Lessor in and to the Land or this Lease. This Lease shall not be affected by any such sale. and the Lessee agrees to attom to any such purchaser or assibmee. ARTICLE 9: DFFAI II ,Tg AND RFMEDIER 9.1 Fvent~ of Default: Remedy nf Defmfit hy 1 e~ee Default": (a) Any one or more of the following events shall constitute an "Event of (1) Failure to pay rent, as required pursuant to Section 2.3 of this Lease, or any other payment required under this Lease, and continuance of such failure for a period of thirty (30) days after receipt by the Lessee of written notice specifying the nonpayment: (2) Failure of the Lessee to observe and perform any covenant, condition or agreement hereunder on its part to be performed, and (i) continuance of such failure for a period of sixty (60) days after receipt by the Lessee of written notice specifying the nature of such default, or (ii) if by reason of the nature of such default the same cannot be remedied within said sixty (60) days, the Lessee fails to proceed with reasonable diligence after receipt of said notice to cure the same: or (3) A general assignment by the Lessee for the benefit of creditors; or (4) The filing of a voluntary petition by the Lessee, or the filing of an involuntary petition by any of the Lessee's creditors seeking the rehabilitation, liquidation or reorganization of the Lessee under any law relating to bankruptcy, insolvency or other relief of debtors, provided that in the case of an involuntary petition Lessee shall have sixty (60) days to cause such petition to be withdrawn or dismissed; or 27 144\105\153233.13