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the casualty, Lessor or Lessee may terminate this Lease by written notification. Upon such <br />notification, all rights and obligations under this Lease shall cease. <br />10.04, if the destruction (in whole or in part) of the Premises is the result of or caused by (in whole or in <br />part) any act or omission of Lessee, or any person in or about the Premises with the express or <br />implied consent of Lessee (including, without limitation, Lessee's representatives, agents, invi(ees, <br />and contractors), Lessor may elect (at its sole option and in its sole discretion) to rebuild the <br />Premises and the building or structure of which the Prernises may be a part. If Lessor so elects to <br />rebuild, Lessee shall pay Lessor the difference between the actual cost of rebuilding and any <br />insurance proceeds received by Lessor as a result of the casualty destruction. Lessee's obligations <br />under this paragraph shall survive the termination of this Lease. <br />ARTICLE, 11: ASSIGNiNIENT AND SUBLETTING <br />l 1,01. The Lessee shall not assigm or sublet all or part of its interest in this Lease without the advance <br />written consent of the Lessor. Consent by the Lessor to one (1) or more assigunnents or sublettings <br />shall not operate as a waiver of the Lessor's rights as to any subsequent assignmeuts or sublettings. <br />Notwithstanding subletting, the Lessee shall remain fully responsible and liable for the payment of <br />the rent and for compliance with all of its other obligations under this Lease. <br />11.02. In the event of an assignment by (lie Lessor of all of its interest in this Lease to a person, firm or <br />corporation that assumes all of the Lessor's obligations, the Lessee agrees to look solely to the <br />responsibility of the successor -in -interest of the Lessor. Any security given by the Lessee to secure <br />performance of its obligations may be assigned and transferred by the Lessor to its successor -in - <br />interest, and the Lessor shall be released of any further obligations under this Lease. <br />ARTICLE 12: ENTENTS OF DEFAULT AND REMEDIES; TERNiils\TATION <br />12.01. The following events shall be events of default by the Lessee under this Lease: <br />Tire Lessee fails to pay when due any rental or any other sums or charges due under this Lease, <br />and such failure continues for seven (7) days following written notice thereof (provided, <br />however, that Lessor shall be obligated to give only two such notices in any calendar year, and <br />after such hvo notices, Lessor will no longer be obligated to give any other notice under this <br />Section within such calendar year). <br />b. The Lessee fails to comply with any other term, provision, or covenant of this Lease, and does <br />not cure the failure within thirty (30) days after written notice to the Lessee. however, if <br />Lessee's failure to comply cannot reasonably be cured within thirty (30) days, Lessee shall be <br />allowed additional time (not to exceed sixty (60) days) as is reasonably necessary to cure the <br />failure so long as Lessee commences to cure the failure within fifteen (15) days and Lessee <br />diligently pursues a course of action that will cure the failure. For any subsequent default by <br />Page 11 of 18 <br />