PL PACKET 11202001 - Laserfiche WebLink

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• (d) Policy Provisions. Policies for the liability and property insurance coverages contemplated by this Paragraph shall be in a form and with an insurer reasonably acceptable to Landlord and shall require at least thirty(30)days prior written notice to Landlord,and,if requested by Landlord,Landlord's mortgagee(s),of termination or material alteration. The liability insurance under subparagraph 18(a) shall be primary with respect to Landlord and its agents and not participating with any other available insurance. Tenant shall deliver on the Commencement Date and on each anniversary thereof to Landlord a certificate evidencing such policies, or other evidence reasonably satisfactory to Landlord, confirming the terms of such insurance, confirming that premiums thereon have been paid at least one (1)year in advance and confirming that the policies are in full force and effect. If Tenant has a blanket insurance policy in force providing coverage for several properties of Tenant,including the Premises,Landlord will accept a certificate of such insurance; provided, the certificate sets forth the amounts of insurance and coverage, such amounts are at least equal to the amounts required hereinabove,and otherwise such policy complies with the requirements hereof. 19. Holding Over. Tenant will,at the termination of this Lease by lapse of time or otherwise, yield up immediate possession:of the Premise to Landlord. If Tenant retains possession of the Premises,or any part thereof after such termination,then Landlord may, at its option,serve written notice upon Tenant that such holding over constitutes the creation of a month to month tenancy upon the terms and conditions set forth in this Lease; provided, however, that the monthly Base Rent shall, in addition to all other sums which are to be paid by Tenant hereunder, whether or not as additional rent, be equal to 110%of the Base Rent being paid monthly to Landlord under this Lease immediately prior to such termination.Regardless of ® Landlord's election to extend this Lease on a month-to-month basis, Tenant shall also pay to Landlord all damages sustained by Landlord resulting from such retention ofpossession by Tenant,including those arising as a consequence of the loss of any proposed subsequent tenant for any portion of the Premises. 20. Quiet Eniovment. Landlord represents and warrants that it has full right and authority to enter into this Lease and that Tenant, while paying the rental and performing its other covenants and agreements herein set forth, shall peaceably and quietly have, hold and enjoy the Premises for the Lease Term without hindrance or molestation, subject to the terms and provisions of this Lease. 21. Events of Default. The following events shall be deemed to be events of default by Tenant under this Lease Agreement(individually. an"Event of Default"and collectively, "Events of Default"): (a) Rent.Tenant shall fail to pay any installment of Base Rent,its Proportionate Share of Operating Costs,or any other payment to Landlord required herein(collectively, 'Rent")when due,and such failure shall continue for a period of five(5)days from the date such payment was due; (b) Vacation.Tenant shall vacate or fail to conduct business within all or a substantial portion of the Premises while the Premises are tenantable and for a period of in excess of five (5) consecutive days and for reasons other than force majeure or remodeling otherwise permitted hereunder. whether or not Tenant is in default of the payments due under this Lease; • 15