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Casualty Damage, (li) the Holder of any Security Instrument requires any insurance proceeds with respect to such Casualty Damage to be applied to <br />the outstanding balance of the obligation secured by such Security Instrument, (!if) the cost of the Restoration Is not fully covered by insurance <br />proceeds available to Landlord and/or payments received by Landlord from tenants, IN) Tenant shall be entitled to an abatement of Rent under this <br />Section 13.1 for a period of time in excess of thirty-three percent (33%) of the remainder of the Term, or (v) such Casualty occurs during the last <br />eighteen (18) months of the Term (disregarding Extension Terms, if any). Such right of termination shall be exercisable by Landlord by delivery or <br />written notice to Tenant at any time following the Casualty until sixty (60) days following the later of: (A) delivery of tie Damage Notice or (B) <br />Landlord's discovery or determination of any of the events described in clauses (1) through (v) of the preceding sentence, and shall be effective upon <br />delivery of such notice of termination for if Tenant has not vacated die Premises, thirty (30) days diereaRer). <br />13.1.3 Waiver. Landlord and Tenant agree that die provisions of this Section 13.1 and the remaining provisions c rthis Lease <br />shall exclusively govern the rights and obligations of the parties with respect to any and ell damage to, or destruction of, all or any portion of the <br />Premises or the Project, and Landlord and Tenant hereby waive and release each and all of their respective common law and statutory rights <br />inconsistent herewith, whether now or hereinafter in effect (including, without limitation, Sections 1932(2) and 1933(4) of the California Civil Code, <br />as amended Dom time to lime). <br />13.2 Taking, If the whole or a material portion of the Promises, the Building or the Project shall be taken under the power of eminent <br />domain, or sold to prevent the exercise thereof (collectively, a "Taking"), this Lease shall automatically terminate as of the earlier ofthe date of <br />transfer of title resulting from such Taking or the date of transfer of possession resulting Dom such Taking (the "Taking Date"). in tilt event ore <br />Taking of such portion of the Project, the Building or the Premises as shall, in the opinion of landlord, substantially interfere with Landlord's <br />operation thereat, Landlord may terminate this Lease upon thirty (30) days written notice to Tenant given at any time within sixty (60) days <br />fallowing the Taking Date. He portion of the Premises is so taken and this Lease is not terminated; (a) Landlord shall, with reasonable diligence <br />and at Landlord's cost (to the extent of the condemnation award received by Landlord), proceed to restare (to the extent permitted by Laws and <br />covenants, conditions and restrictions then applicable to the Project) the Premises (other than Tenant's Personal Property and Leasehold <br />improvements that are not consistent with then Building Standards) to a complete, functioning unit and (b) the Base Rent payable hereunder shall be <br />reduced proportionately based on the portion of the Premises so taken, Except as expressly provided otherwise in this Section 112, the entire award <br />for any Taking shall belong to Landlord (without deduction for any estate or Interest of Tenant), except that Tenant shall be entitled to independently <br />pursue a separate award for the loss of, or damage to, Tenant's Personal Property and Tenant's relocation costs directly associated with the Taking <br />(but Tenant shall not otherwise assert any claim against Landlord or the condenming authority). No Taking OF any portion of the Premises, the <br />Building or the Project (or any portion thereof) for a period of less than two hundred seventy (270) days (a "Temporary Toldng") shall terminate <br />this Lease or entitle Tenant to any abatement of the Rent payable to Landlord under this Lease; provided, however, that any award for any such <br />Temporary Taking shall belong to Tenant, but only to the extent dint the award applies to any time period during the Tenn of this Lease, This <br />Section 13.2 shall be Tenant's sole and exclusive remedy in the event of a Taking. Each party hereby waives the provisions of Sections 1265.130 <br />and 1265.150 of the California Code of Civil Procedure and die provisions of any successor or other law of like import. <br />ARTICLE 14—INDENINIFICATION AND INSURANCE <br />14.1 _Waiver of➢.,iability and l ndehnnifcafion. Except to the extent expressly provided to theconlrary herein, Tenant hereby waives <br />all claims and causes or action against Landlord and all of the other Landlord Parties for any damage to persons or property (including, without <br />limitation, loss orprofits and intangible property) in any way relating to Tenant's use and occupancy of the Premises Dom any cause whatsoever, <br />including, without limitation tire, explosion, falling plaster, steam, gas, air contaminants or emissions, electricity, electrical or electronic emanations <br />or disturbance, water, rain or snow or leaks from any part the Building or from the pipes, appliances, equipment or plumbing works or from the roof, <br />street or sub -surface or tiara any other place or caused by dampness, vandalism, malicious mischief, Tenant shall indemnify, defend, protect and <br />hold harmless Landlord and each of tine Landlord Parties from and against any and all Claims that arise out of, are occasioned by or are in any way <br />attributableto: (a) the use or occupancy of the Premises or any portion of the Project by Tenant, (b) the acts or omissions of Tenant or any Tenant <br />Party, (o) any default of this Lease by Tenant, or (it) any litigation or other proceedings between Tenant and any third party; provided that Tenant <br />slialI not be required to so indemnify, defend or hold Landlord or any of the other Landlord Parties harmless to the extent that any such Claims arise <br />out or the gross negligence or wllllul misconduct of Landlord, its agents or employees. <br />14.2 Insunmee. At all times during the Term of this Lease, Tenant shall: (n) procure and maintain, at its sole expense, the insurance <br />policies described in Exhibit "G", attached hereto and (b) otherwise comply with each and all of the obligations and requirements set faith in Exhibit <br />Landlord makes no representation that the insurance coverage specified to be carried by Tenant pursuant to this Exhibit •` " is adequate to <br />protect Tenant against Tenant's undertakings under the terms of this Lease or otherwise, and ifTenaht believes that such insurance coverage required <br />under this Lease is insufficient, at its own expense, Tenant shall provide such additional insurance as Tenant deems adequate. <br />14.3 Wainer or Suhromrtion. Notwithstanding any provision of this Article 14 to the contrary, Landlord and Tenant intend trot their <br />respective property damage loss risks shall be borne by their respective insurance carriers to the extent of the property damage insurance that each of <br />Landlord mid Tenant are required to carry under rAillift '47. and except as expressly provided otherwise in this Lease, in the event of a properly <br />loss. each of Landlord and Tenant hereby agree to look solely in, and seek recovery only from, their respective property damage insurance carriers to <br />the extent (lint such property loss is ore type that is covered by the property damage insurance it is required to curry under Exhibit •,O". As long as <br />such waivers ot'subrogotion are reasonably available, each orthe parties hereto hereby waives all or its rights and claims against each of tie other <br />parties hereto far such fusses. and provided such waiver of subrogation shall not street the right or such party as the insured under its property <br />damage policy (or policies) to recover thereunder, waives all ofthe rights of subrugation or Its property damage insurers. The parties hereto further <br />agree that, so long as no material additional premium is charged therefore, their respective properly insurance policies arc non%, or shall be, endorsed <br />such [[lot the Itreguing waiver nfsuhrogalion shall not affect the right of the Insured to recover thereunder. <br />ARTICLE I5—EVENTS OF IDFFAUI T 1ND RFlIJEWS <br />15.1 E_ tents of Ucrault Uv T'ermnt, The occurrence or any of tlm fullowing shall constitute a material delhull and breach of this <br />Lease by I'enam (an "Even! of (Default"); <br />SO W'Clwlr ('rotor Ur— tip• ujSnnrn.drm Lease - I3- <br />