Reso 1996-031 to 035 - Laserfiche WebLink

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30. DEFAULT A. The occurrence of any of the following shall constitute a default by Lessee: 1. Failure to pay either minimum or percentage rent when due, if the failure continues for three (3) days after notice has been given to Lessee. 2. Abandonment and vacation of the premises (failure to occupy and operate the premises for ten (10) consecutive days shall be deemed an abandonment and vacation). 3. Failure to perform any other provision of this lease if the failure to perform is not cured within thirty (30) days after notice has been given to Lessee. If the default cannot reasonably be cured within thirty (30) days, Lessee shall not be in default of this lease if Lessee commences to cure the default within the thirty (30) day period and diligently and in good faith continues to cure the default. B. Notices given under this Section shall specify the alleged default and the applicable lease provisions, and shall demand that Lessee perform the provisions of this lease or pay the rent that is in arrears, as the case may be, within the applicable period of time, or quit the premises. No such notice shall be deemed a forfeiture or a termination of this lease unless City so elects in the notice. C. City shall have the following remedies if Lessee commits a default. These remedies are not exclusive; they are cumulative in addition to any remedies now or later allowed by law. D. City can continue this lease in full force and effect, and the lease will continue in effect as long as City does not terminate Lessee's right to possession, and City shall have the right to collect rent when due. During the period Lessee is in default, City can enter the Premises and re -let them, or any part of them, to third parties for Lessee's account. Lessee shall be liable immediately to City for all costs City incurs in reletting the premises, including, without limitation, brokers' commissions, expenses of remodeling the premises required by the reletting, and like costs. Re -letting can be for a period shorter or longer than the remaining term of this lease. Lessee shall pay to City the rent due under this lease on the date the rent is due, less the rent City receives from any re - letting. No act by City allowed by this Paragraph shall terminate this lease unless City notifies Lessee that City elects to terminate this lease. After Lessee's default and for as long as City does not terminate Lessee's right to possession of the premises, if Lessee obtains City's consent, Lessee shall have the right to assign or sublet its interest in this lease, but Lessee shall not be released from liability. City's consent to a proposed assignment or subletting shall not be unreasonably withheld, subject to the provisions of Section 28 relating to "Assignment." 31