Res 1983-024 - Laserfiche WebLink

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-7- the term herein shall cease and terminate as aforesaid. If such partial taking is not extensive enough to render the premises unsuitable for the business of Lessee, then this lease shall continue in effect except that the minimum rental shall be reduced and adjusted in an appropriate manner. C. If this lease lS terminated as provided in this paragraph, rent shall be paid up to the date that possession is so taken by public authority, and Lessor shall make an equitable refund of any rent paid by Lessee in advance. D. Award: Lessee shall not be entitled to and expressly walves all claim to any condemnation award for any taking, whether whole or partial, and whether for diminution in value of the lease- hold or to the fee, although Lessee shall have the right, to the extent that the same shall not reduce Lessor's award, to claim from the condemnor, but not from Lessor, such compensation as may be recoverable by Lessee in his own right for damage to Lessee's business and fixtures. XV. A. If Lessee fails to pay any rental or other payment due hereunder or upon his failure to perform any other of the terms of this lease to be observed or performed by Lessee on his part to be observed or performed, or if Lessee shall become a bankrupt, or insolvent, or file any debt or proceedings, or take or have taken against Lessee in any court pursuant to any statute either of the United States of the State of Texas a petition in bankruptcy or insolvency or for reorganization or for the appointment of a receiver or trustee for all or a portion of Lessee's property, or if Lessee makes an assignment for the benefit of creditors, or petitions for or enters into an arrangement, or suffers this lease to be taken under any writ of execution or attachment, or if this lease shall pass to or dissolve upon by law or otherwise, one other than Lessee except as herein provided, then, in anyone or more such events, upon