Notice
Entire Agreement
14. . If at any time during the term of this Lease, or any extension thereof, the Premises
shall be totally or partially destroyed by fire, earthquake, or other calamity, then this Lease shall terminate
as to the part so destroyed, and Lessee shall have the option within 30 days after assessing the amount of
damage and amount of usable space, to either continue with the Lease, or choose to terminate the Lease
without further obligation of either party. In case, however, Lessee chooses to remain in the Premises but
Lessor elects not to rebuild or repair said Premises, Lessor shall so notify Lessee by written notice within
the period of 30 days after the damaging event, and thereupon this Lease shall terminate without further
obligation by Lessee or Lessor.
15.
Destruction
. In the event Lessee fails to meet any of its obligations as required by the terms of
this Lease, Lessor, after providing thirty (30) days' written notice and an opportunity for Lessee to remedy
the situation, shall have the right in accordance with applicable law to terminate this Lease.
Termination
Lessee shall have the right to terminate this Lease without further obligation in the event Lessor breaches
any term or covenant of this Lease and after thirty (30) days' written notice fails to rectify such breach.
16. Default
. Lessor shall, on default with respect to any of the provisions of this Lease by Lessee,
provide Lessee with a written notice of any breach of the Lease terms or conditions and Lessee shall then
have 30 days either to correct the condition, or commence corrective action if the condition cannot be
corrected in 30 days. If the condition cannot be corrected in 30 days, Lessee shall have a reasonable time
to complete the correction. Lessor may elect to enforce the terms and conditions of the Lease by any other
method available under the law.
17.
. The failure of either party to exercise any of its rights under this Lease for a breach
thereof shall not be deemed to be a waiver of such rights, nor shall the same be deemed to be a waiver of
any subsequent breach, either of the same provision or otherwise.
18.
Waiver
. This Lease shall be binding upon and inure to the
benefit of the successors, personal representatives, and permitted assigns of Lessor and Lessee.
19.
Binding on Heirs, Successors, and Assigns
. This Lease (and its attachments if any) constitutes the entire understanding
between the parties with respect to the subject matter hereof and supersedes any and all prior
understandings and agreements, oral and written, relating hereto, except for the Purchase and Sale
Agreement between the parties dated
, 20 . Any amendment hereof must be in writing
and signed by both parties.
20.
. Any notice or other communication required, or which may be given, pursuant to this
Agreement, shall be in writing. Any such notice shall be deemed delivered (I) on the day of delivery in
person; (ii) five (5) days after deposit in first class registered mail, with return receipt requested; (iii) on
the actual delivery date if deposited with an overnight courier; or (iv) on the date sent by facsimile, if
confirmed with a copy sent contemporaneously by first class, certified, registered or express mail; in each
case properly posted and fully prepaid to the appropriate address set forth below, or such other address as
a party may provide notice of in accordance with this section:
To Lessee:
To Lessor: