Res 2007-159 - Laserfiche WebLink

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addition to any other rights or remedies it may have, shall have the immediate right of re-entry and may remove all persons and property from the Demised Premises and such property may be removed and stored in a public warehouse or elsewhere at the cost of, and for the account of Tenant, all without service of notice or resort to legal process and without being deemed guilty of trespass, or becoming liable for any loss or damage which may be occasioned thereby. Section 19.2. Events of Default. The occurrence of any one or more of the following events shall constitute an "Event of Default" by Tenant: (1) Failure to pay when due any installment of rent or any other obligation hereunder involving the payment of money, if the failure continues for five (5) days after the due date. (2) Failure to perform or observe any term, provision or covenant of this Lease to be performed or observed by Tenant, other than as described in subsections (1) and (3) of Section 18.2, upon the expiration of thirty (30) days following written notice to Tenant of such failure. (3) Desertion, abandonment or vacation of all or any substantial portion of the Demised Premises prior to the expiration of the full term and any extension or renewal of this Lease. Any removal or attempt to remove all or a substantial portion of Tenant's goods, wares, equipment, fixtures, furniture or other personal property from the Demised Premises without the prior written consent of Landlord shall be deemed to be an abandonment for purposes hereof. Section 19.3. Landlord's Remedies. Upon the occurrence of anyone or more of the foregoing Events of Default, without notice or demand of any kind to Tenant or any other party, Landlord shall have the option to pursue, in addition to and cumulative of all other legal or equitable remedies now or hereafter available, the following described remedies: (1) Landlord may elect to terminate this Lease and the term created hereby, in which event Landlord may immediately repossess the Demised Premises and Tenant shall pay at once to Landlord, as liquidated damages, the sum of money equal to the rent provided in this lease to be paid by Tenant to Landlord for the balance of the stated term of this Lease, together with such expenses as Landlord may incur for legal expenses, brokerage fees and in restoring the Demised Premises. Premises in good order and preparing the same for re-rental, less the fair rental value of the Demised Premises for the same period. (2) Landlord may elect to terminate Tenant's right of possession of the Demised Premises without termination of this Lease, in which event Tenant agrees to surrender possession and vacate the Demised Premises immediately and deliver possession thereof to Landlord, and Tenant hereby grants to Landlord full and free license to enter into and upon the Demised Premises, or any part thereof, and to expel or remove Tenant and any other person, firm or corporation who may be occupying or within the Demised Premises or any part thereof, and remove any and all property there from, using such force as may be necessary, without terminating this Lease or releasing Tenant in whole or in part from Tenant's obligation to pay rent and perform any of the covenants, conditions and agreements to be performed by Tenant, as provided in this Lease, without being deemed in any manner guilty of trespass, eviction or forcible entry or detainer, and without relinquishing Landlord's right to rental or any other right of Landlord in this Lease or by operation of Law. Upon and after entry into possession, without terminating this Lease, Landlord may, but shall not be obligated to, relet all or any part of the Demised Premises for the account of Tenant for such rent and upon such terms and to such person, firm or corporation and for such use or uses and such period or periods as Landlord, in Landlord's sole !NlTlAL~