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<br />terms of this Lease. <br /> <br />9.04. Any insurance against casualty loss which may be carried by either the Lessor or the Lessee <br />shall be under the sole control of the party carrying the insurance, and the other party shall have no <br />interest in any proceeds of this insurance. Lessor and Lessee expressly waive any cause of action <br />or right of recovery which either of them may have against the other for any loss or damage to the <br />Leased Premises or to the contents caused by fire, explosion, or other risk covered by the casualty <br />Insurance. <br /> <br />Article 10. Assignment and Subletting <br /> <br />10.01. The Lessee shall not assign or sublease all or part of its interest in this Lease without the <br />advance written consent of the Lessor. Consent by the Lessor to one or more assignments or <br />subleases shall not operate as a waiver of the Lessor's rights as to any subsequent assignments or <br />subleases. <br /> <br />10.02. In the event of an assignment by the Lessor of all of its interest in this Lease to a person, firm <br />or 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 /> <br />Article 11. Events of Default and Remedies <br /> <br />11.01. The following events shall be events of default by the Lessee under this Lease: <br /> <br />A. The Lessee fails to pay when due any rental or any other sums or charges due under this <br /> <br />Lease. <br /> <br />B. The Lessee fails to comply with any other term, provision, or covenant of this Lease, and <br />does not cure the failure within 30 days after written notice to the Lessee. For any subsequent <br />default by the Lessee for the same or any other reason, the Lessor may terminate the Lease if that <br />subsequent default continues for more than three days after notice of the subsequent default. <br /> <br />C. The Lessee becomes insolvent, makes a transfer in fraud of creditors, or makes an <br />assignment for the benefit of creditors <br /> <br />D. The Lessee commences, or another party commences against the Lessee, proceedings in <br />bankruptcy, for reorganization, or for the readjustment or arrangement of its debts under the <br />bankruptcy laws of the United States or under any other law. <br /> <br />E. A receiver or trustee is appointed for all or substantially all of the assets of the Lessee. <br /> <br />F. The Lessee abandons or vacates all or any substantial portion of the Leased Premises. <br />6 <br />