Resolution 2015-69 - Laserfiche WebLink

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(b) TENANT's continued failure to perform any other covenant, promise, or obligation of this Lease for a period of more than thirty (30) days after written notice thereof by LANDLORD to TENANT, unless such failure can not reasonably be cured within thirty (30) days and in that event TENANT shall commence to cure said failure within the thirty (30) day penod and thereafter diligently continue to cure the failure; (c) The bankruptcy of, or appointment of a receiver or trustee for, TENANT; (d) TENANT voluntarily petitions for relief under, or otherwise seeks the benefit of, any bankruptcy, reorganization, or insolvency law; (e) of creditors; (f) herein; or TENANT's making of any general assignment of this Lease for the benefit Any sale, transfer, assignment, sublease, or other disposition prohibited (g) TENANT doing or permitting to be done anything that creates a hen upon the Premises if TENANT fails to obtain the release of any such lien or bond off any such lien within a commercially reasonable time penod. 9.2 LANDLORD'S REMEDIES. If TENANT fails to cure any default described in 9.1 within twenty (20) days, LANDLORD may exercise any one or all of the following options, provided that such is not in conflict with the Default and Remedy laws of the State of Colorado: (a) Terminate TENANT's right to possession under this Lease and reenter and take possession of the Premises and relet or attempt to relet the Premises on behalf of TENANT, at such rental and upon such terms and conditions as LANDLORD may, in the exercise of LANDLORD's reasonable discretion, deem best under the circumstances for the purpose of reducing TENANT's liability. LANDLORD shall not be deemed to have thereby accepted a surrender of the Premises and TENANT shall remain liable for all rental and other charges due under this Lease and for all damages suffered by LANDLORD because of TENANT's breach of any of the covenants of this Lease. At any time during such repossession or reletting, LANDLORD may, by delivering written notice to TENANT, elect to exercise its option under the following subparagraph to accept a surrender of the Premises, terminate and cancel this Lease and retake possession and occupancy of the Premises on behalf of LANDLORD. Notwithstanding the foregoing, LANDLORD will seek to mitigate its damages caused by TENANT as required under Colorado law. (b) Provide written notice that the Lease is terminated and LANDLORD has the right to reenter upon and take possession of the Premises within twenty (20) days of such notice, whereupon the term hereby granted and all right, title, and interest of TENANT in the Premises shall terminate. Such termination shall be without prejudice to LANDLORD's right to collect from TENANT any rent or other charges or sums that 9