Laserfiche WebLink
6.1 G <br /> Page 13 <br /> ATTACI-IMENT 2 <br /> nor any interest therein, and shall not encumber the Premises or any part <br /> thereof, nor any right or privilege appurtenant thereto, nor allow or permit any <br /> other person(s} to occupy or use the Premises, or any portian thereof, without <br /> Lessar's prior written approval, which shai( be in the sole discretion of Lessor. <br /> Consent by Lessor to one assignment, occupation ar use by anather person shall <br /> not be deemed to be consent to any subsequent assignment, occupation or use <br /> by another person. <br /> It is agreed #hat Lessor wilf not be acting unreasonably in refusing to cansent to <br /> an assignment or sublease if, in Lessar's apinian, the quality of the <br /> merchandising operation of the proposed assignee or sublessee is not equal to <br /> or better than that of the Lessee, or if the net worth of such assignee or <br /> subiessee is less than that of Lessee. <br /> No assignment or encumbrance by Lessee shail release it from or in any way <br /> alter any of Lessee's obligations under this Lease. Lessee shal! not have the <br /> Premises delivered ta a subsidiary company of Lessee, and such arrangement <br /> shall in no way atter Lessee's responsibilities hereunder with respect to the <br /> Premises. Any assignment, encumbrances, occupation or use contrary to the <br /> provisions of this Lease shall be vaid and shall constitute breach of this Lease. <br /> Lessor may assign any of its rights hereunder without notice to Lessee, or Lessar <br /> may terminate this Agreement. Any assignee, sublessee or ather recipient of <br /> Lessee' interest in this Agreemenf is hereby notified that such transfer is of no <br /> force or effect without Lessor's prior written consent. <br /> 19.2 Transfer of Ownershia. The dissolution, merger, consolidation, or other <br /> reorganization of the corporation, association, partnership or limited liability <br /> company or the sale or ather transfer of fifty one percent {59%} or more of the <br /> asse#s of the business entity shall be deemed an assignment within the meaning <br /> and provisions of this Paragraph. If the Lessee shall assign fifty one percent <br /> (51%) or more of the ownership, Lessee shall provide written nvtice sixty (60y <br /> days before the assignment. The Lessor shall have the right to renegotiate the <br /> Agreement, including the ferms, fees, or any and all porkions of#he Agreement, <br /> and Lessor shall have the right to condition approval af the transfer of ownership <br /> on Lessee's acceptance of the new terms and conditions. <br /> 20. LIENS AN� INSOLYENCY <br /> 20.i l.essee sha11 keep the Premise free f�om any liens arising out af any work <br /> performed for, materials furnished to, or obligations incurred by Lessee and shalt <br /> indemnify, defend, and hold Lessor harmless f�om the same. If Lessee or <br /> Lessee's Guarantor shall be declared insalvent or bankrupt or if any assignment <br /> of Lessee's property sha!! be made far the benet"rt of tfie creditors or oiherwise, or <br /> if Lessee's improvemen# interest herein shall be levied upon under execution, or <br /> seized by virtue of any writ of any court of taw, ar a trustes in bankruptcy, or if a <br /> receiver be appointed for the property of Lessee, whether under operation of the <br /> State or the Federal statutes, then Lessor may t�rminate this Agreement and <br /> immediately take possessian of said Premises upon written notice. Such taking <br /> of possession shall not terminate the continuing obligations of Lessee, inciuding <br /> payment of rent and any other applicable charges. <br /> 22. HAZARD�US MATERIALS <br /> Afty/A�7rl2008.033 10 <br /> 050508 <br />