Res 2007-122 - Laserfiche WebLink

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proceedings in bankruptcy, for reorganization, or for the readjustment or arrangement of its debts under the bankruptcy laws of the United States or under any other law. E. A receiver or trustee is appointed for all or substantially all of the assets of the Lessee. F. The Lessee abandons or vacates all or any substantial portion of the Leased Premises. 11.02. The acceptance by the City of the Lessee's monthly payments subsequent to the occurrence of any event of default shall be as compensation for use and occupancy of the Leased Premises, and shall in no way constitute a waiver by the City of its right to exercise any remedy provided for any event of default. 11.03. Upon the occurrence of any of the events of default, the City shall have the option to pursue anyone or more of the following remedies without any notice or demand whatsoever: A. Terminate this Lease. In this event the Lessee shall immediately surrender the Leased Premises to the City, and if the Lessee fails to do so, the City may enter and take possession of the Leased Premises and remove the Lessee and any other person occupying the premises, by force if necessary, without prejudice to any other remedy it may have for possession or arrearages in rent, and without being liable for any resulting damages. The Lessee agrees to pay to the City the amount of all resulting costs, losses and damages incurred by the City within 30 days of the City's issuance of a statement to the Lessee. B. Relet the Leased Premises and reception of rent. The Lessee agrees to pay to the City any resulting costs, and any deficiency that may arise by reason of reletting, within 30 days of the City's issuance of a statement to the Lessee. C. Enter the Leased Premises, by force if necessary, without being liable for prosecution or any claim for damages, and do whatever the Lessee is obligated to do under the terms of this Lease. The Lessee agrees to reimburse the City for any expenses the City incurs in effecting compliance with the Lessee's obligations under this Lease, within 30 days of the City's issuance of a statement for the expenses to the Lessee. The City and its officers, agents and employees shall not be liable for any damages or injuries that result to the Lessee from any action taken under this paragraph, whether caused by the negligence of the City or otherwise. 11.04. The City's pursuit of any of these remedies will not preclude pursuit of any other remedies provided under this Lease or by law, nor will pursuit of any remedy constitute a waiver of any rent due to the City or of any damages caused to the City by any violation of this Lease by the Lessee. Any failure by the City to enforce a remedy upon an event of