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15.1,1 Any failure by Tenant to pay any RenI or any other charge required to be paid under this Lease, or any part thereof (or
<br />to perform any of its obi igalions under Atticle 6 above), 1f such failure continues for three (3) days rot lowing Lou ill ord's delivery of written notice
<br />thereof.
<br />15.1.2 The abandonment of die Premises by Tenant, or the vacation of the Premises by Tenmht for a period of ten (10)
<br />consecutive days (with or without the payment of Reno, or the failure of Tenant to take occupancy of the Premises within thirty (30) days of the
<br />Commencement Date (it being agreed that the fact that any of Tenant's Property remains in the Premises shall not be evidence that Tenant has not
<br />vacated or abandoned the Premises).
<br />15.1.3 Any failure by Tenant to execute and deliver any statement or document described in Article 12 requested by Landlord
<br />within the time periods specified therein, If suck failure continues for three (3) days after Landlord's delivery ol'wrilten notice thereof.
<br />15.1.4 The failure by Tenant to observe or perform any other provision of this Lease to be observed or performed by Tenant,
<br />other than those described in Sections 15.1.1, 15_I.2 and 15.1.3 above, if such failure continues for twenty (20) days (except where a different period
<br />of time is specified in this Lease, In which case such different time period shall apply) after Lnndlord's delivery of written notice thereof; provided,
<br />however, that if the nature of the default is such that it cannot be cured within the twenty (20) day period, no Event of Default shall exist if Tenant
<br />commences the curing of the define t within the twenty (20) day period and thereafter diligently prosecutes the same to completion.
<br />15.1.5 The making or furnishing by Tenant of any warranty, representation or statement to Landlord in connection with this
<br />Lease, or any other agreement to which Tenant and Landlord are parties, which is false or misleading in any material respect when made or
<br />Rimished.
<br />15.1.6 The assignment, subletting or other Transfer, or any attempted assignment, subletting or other Transfer, of this Lease in
<br />violation of Article 11.
<br />15.1,7 The filing or execution or occurrence of any one of the following: (a) a petition in bankomptcy or other insolvency
<br />proceeding by or against Tenant or any general partner of Tenant, (b) a petition or answer by Tenant or any general Turner of Tenant seeking relief
<br />under any provision of the Bankruptcy Act, (a) an assignment by Tenant or any general partner of Tenant for the benefit of creditors, (d) a petition or
<br />other proceeding by or against Tenant or any general partner of Tenant for the appointment of a trustee, receiver or liquidator of Tenant or any
<br />general partner of Tenant or any properly of Tenant or any general partner of Tenant, (e) a proceeding by any governmental authority for the
<br />dissolution or liquidation of Tenant or any general partner of Tenant or any other instance whereby Tenant or any general partner of Tenant shall
<br />cease doing business as a going concern, or (f) an admission by Tenant or any general partner of Tenant of its inability to pay its debts as they
<br />become due.
<br />15.1.8 The default by any gum'antor or'renant's obligations hereunder under any guaranty of this Lease, tie attempted
<br />repudiation or revocation of any such guaranty or the participation by any such guarantor in any other event described in this Section 15.1 (as if this
<br />Section 15, 1.8 refereed to such guarantor in place of Tenant).
<br />15.1.9 Any default that continues beyond the applicable notice and cure period by Tenant or any Affiliate of Tenant under any
<br />lease (other than this Lease) between: (a) Landlord or any Affiliate of Landlord and (b) Tenant or any Affiliate of Tenant.
<br />All of the notices described in this Section 15A shall be in lieu of, and not in addition to, any notice required under Section 1161 of the
<br />California Code of Civil Procedure or any other low now or hereafter in ell'ect requiring that notice of default be given prior to the commencement of
<br />ah unlawful detainer or other legal proceeding.
<br />15.2 Remedles. Upon the occurrence crony Event of Default by Tenant, in addition to any other remedies available to Landlord at
<br />law m' In equity, without any further notice 016 demand whatsoever Landlord shall have the option to pursue any one or more of the remedies
<br />described in Section 1 of Exhibit "IT I attached hereto, each and akk ofwhich shall, subject to applicable law, be cumulative and nonexclusive (and all
<br />of the other provisions of Section I of Exhibit "H" shall apply to an Event of Default by'femmt hereunder).
<br />ARTICLE: 16— LANDL.OItD DEFAULT: l ANDLORDIS LiA131F1 ITl'
<br />16.1 Landlord DenWt, Lund lord's failure to pertbnn or observe any or its obligations under this Lease shall constitute a material
<br />deftn4t by Landlord under this Lease (a "Landlord Derault") only if such failure shall continue for a period of thirty 130) days after landlord (and
<br />each NotMed Party) receives written notice 0•om Tenant specifying (and describing in reasonable detail) the alleged default (and identifying the
<br />applicable Lease provision(s)); provided, however, that i f the nature of the default i5 such that it cannot be cured within the thirty (30) day period, no
<br />Landlord Default shall exist if Landlord (or any Notified Party) commences the curing of the applicable default within thirty (30) clays following its
<br />receipt of Tenant's default notice and thereafter diligently prosecutes the same to completion. Subject to the remaining provisions of this Lense,
<br />Following die occurrence orally Landlord Default, `repent shall have the right to pursue nay remedy available under Law forsuch Landlord Default
<br />by Lancilo'dl provided, however, that in no case shall Terror have may right to terminate this Lease on account crony such Landlord Default.
<br />10.2 Landlord's Lease L4nlm•rnkinns. Notwithstanding anything to the contrmy contained hi this Lease or any other Lease
<br />Documents, it is expressly understood and agreed by and belweeu the parties hereto than. (a) the recourse of Tenant or its successors• or assigns
<br />against Landlord (and the liability of Landlord to Tenant, its successors and assigns) with respect to: (i) any actual or alleged breach or breaches by
<br />or on the pert of Landlord of any of Landlord's Lease Undertakings or (fi) any mutter relating to Tenan('s use or occupancy of the Premises shall be
<br />limited to all amount equal io the lesser of: (x) Landlord's equity Interest in the Building and (y) the equity interest Landlord would have in the
<br />Building if the Building were encumbered by inclepcndent secured I1inmcing equal to eighty percent (80%) of the value of the Building; (b) Tenant
<br />shall have no recourse against any other assets of Landlord or any other Landlord Parties (or their afllcers, directors tar shareholders); (c) except to
<br />the extent of Landlord's equity interest in the Building(to the extent provided above), no personal liability or personal responsibility of any sort widh
<br />respect to tiny orl..andlord's Lca.se Undertakings or tiny alleged breach thereof is assunhed by, or shall at any tune be mscrtccl or enlbrceable against.
<br />801 IV C'h•fe Cenfnr Dr— Cfh, nJ:Smtlrs: t nu Lear -1 q.
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