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<br /> Section 17.4 Temporary Taking. Should any portion of the Premises or the Parking <br /> Facility be Taken on a temporary basis, there shall be no reduction in rent, but Tenant shall be <br /> entitled to that portion of the condemnation award recoverable in respect of such temporary use <br /> of the Premises whether in the form of rental or otherwise, for the taking of Tenant's property, <br /> the interruption of Tenant's business and for moving expenses, and for any restoration of <br /> Tenant's FF&E and other personal property. This Lease shall be and remain unaffected by such <br /> taking and Tenant shall continue to be responsible for all of its obligations hereunder insofar as <br /> such obligations are not affected by such taking and shall continue to pay the rent in full when <br /> due. If the period of temporary use or occupancy shall extend beyond the expiration of the Tenn <br /> (including any options to extend that shall have been thereafter exercised), that part of the award <br /> which represents compensation for the use and occupancy of the Premises (or a part thereof) <br /> shall be divided between Landlord and Tenant so that Tenant shall receive so much thereof as <br /> represents the period up to and including the expiration date and Landlord shall receive so much <br /> thereof as represents the period after the expiration date. <br /> Section 17.5 Condemnation Award. Except as otherwise herein provided, the entire <br /> compensation award for any Taking shall belong to Landlord. Notwithstanding the foregoing, <br /> Tenant shall be entitled to claim, prove and receive in any proceedings such award as may be <br /> allowed for the fair market value of Tenant's interest in this Lease, the value of Tenant's <br /> unamortized leasehold improvements, Tenant's property located in the Premises, interruption of <br /> business, moving expenses and other damages available under applicable law. <br /> Section 17.6 Takines Generally. Any disagreement between the parties with respect <br /> to the affect or severity of a Taking that is not resolved within thirty (30) days after the parties <br /> are first notified of the Taking shall be resolved by arbitration in accordance with Section 18.5 <br /> below. Each party waives the provisions of Code of Civil Procedure Section 1265.130 allowing <br /> either party to petition the Superior Court to terminate this Lease in the event of a partial taking <br /> of the Premises; provided, however, that the foregoing waiver shall not impair to the express <br /> tennination rights ofthe parties set forth in Section 17.1 and Section 17.2. <br /> ARTICLE 18 <br /> DEFAULT AND REMEDIES <br /> Section 18.1 Events of Default. Each of the following shall be deemed an "Event of <br /> Default" by Tenant and a breach of this Lease: <br /> (a) Monetarv Defaults. Tenant's failure to pay rent or other charges payable <br /> hereunder either (i) for a period of five (5) days after written notice from Landlord that <br /> the same was due and payable, or (ii) three (3) times or more in any Lease Year (whether <br /> or not Tenant is notified thereof with respect to the third or any subsequent occurrence); <br /> (b) Insolvency, etc. The filing of a voluntary bankruptcy petition by Tenant <br /> or the admission by Tenant in writing that it is insolvent or is generally unable to pay its <br /> debts as the same become due; or the filing of an involuntary bankruptcy petition against <br /> 57 <br /> CHG02:3091375.v8 <br /> . _.~ <br />