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<br />19.2 Transfer of Ownership. The dissolution, merger, consolidation, or other <br />reorganization of the corporation, association, partnership or limited liability <br />company or the sale or other transfer of fifty one percent (510/0) or more of the <br />assets 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 />(510/0) or more of the ownership, Lessee shall provide written notice sixty (60) <br />days before the assignment. The Lessor shall have the right to renegotiate the <br />Agreement, including the terms, fees, or any and all portions of the Agreement, <br />and Lessor shall have the right to condition approval of the transfer of ownership <br />on Lessee's acceptance of the new terms and conditions. <br /> <br />20. LIENS AND INSOLVENCY <br />20.1 Lessee shall keep the Premise free from any liens arising out of any work <br />performed for, materials furnished to, or obligations incurred by Lessee and shall <br />indemnify, defend, and hold Lessor harmless from the same. If Lesse.e or <br />Lessee's Guarantor shall be declared insolvent or bankrupt or if any assignment <br />of Lessee's property shall be made for the benefit of the creditors or otherwise, or <br />if Lessee's improvement interest herein shall be levied upon under execution, or <br />seized by virtue of any writ of any court of law, or a trustee 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 terminate this Agreement and <br />immediately take possession of said Premises upon written notice. Such taking <br />of possession shall not terminate the continuing obligations of Lessee, including <br />payment of rent and any other applicable charges. <br /> <br />21. HAZARDOUS MATERIALS <br />21.1 Prior to the Lease Commencement Date, Lessee shall have the right to make <br />any tests and/or studies Lessee deems necessary with respect to any hazardous <br />materials in, on or about the Premises; however, permission and supervision of <br />the Lessor is required prior to conducting any tests or studies. If found, Lessee <br />shall meet with the Lessor to determine if such hazardous material poses a <br />health and safety issue that may require its removal or remediation. Lessor shall <br />provide Lessee with copies of any hazardous material tests it or any other party <br />has conducted on the Premises or Building, in its possession. Lessor shall not <br />have any obligation to remove or remediate hazardous materials and shall retain <br />the right to immediately terminate this lease if continued use of the Premises by <br />Lessee requires such removal or remediation. Lessor shall not be responsible for <br />any costs incurred by Lessee prior to such termination or as the result of such <br />termination. <br /> <br />21.2 Assianment and Relicensina. It shall not be unreasonable for Lessor to withhold <br />its consent to an assignment or sublease to a proposed assignee or sublessee if <br />(i) any anticipated use of the Premises by any proposed assignee or sublessee <br />involves the generation or storage, use, treatment or disposal or release of <br />Hazardous Material in any manner or for any purpose, (ii) the proposed assignee <br />or sublessees has been required by any prior landlord, lender or governmental <br />authority to take remedial action in connection with Hazardous Material <br />contaminating a property, if the contamination resulted from such party's action <br /> <br />ATTY/AGR/2009.081 <br />020110 <br /> <br />f) Initials <br /> <br />Page 12 <br />