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terminate this Lease; provided, that no termination shall be effected either by operation of law <br /> or acts of the parties hereto except upon express written notice from the Authority to the City <br /> terminating this Lease, as provided below. In the event of such default and notwithstanding any <br /> entry by the Authority, may at any time thereafter (with or without notice and demand and <br /> without limiting any other rights or remedies the Authority may have): <br /> (1) Maintain this Lease in full force and effect and recover rent and other <br /> monetary charges as they become due without terminating the City's right to possession <br /> of the Leased Property, regardless of whether or not the City has abandoned the Leased <br /> Property. In the event the Authority elects not to terminate this Lease, it shall have the <br /> right and the City hereby irrevocably appoints the Authority as its agent and <br /> attorney-in-fact for such purpose to attempt to relet the Leased Property at such rent, <br /> upon such conditions and for such term, so long as the Authority or the Trustee obtains <br /> an Opinion of Counsel that the tax-exempt status of the interest components of Base <br /> Rental payments will be preserved, and to do all other acts to maintain or preserve the <br /> Leased Property, including the removal of persons or property therefrom or taking <br /> possession thereof, as the Authority deems desirable or necessary, and the City hereby <br /> waives any and all claims for any damages that may result to the Leased Property <br /> thereby; provided, that no such actions shall be deemed to terminate this Lease and the <br /> City shall continue to remain liable for any deficiency that may arise out of such <br /> reletting, taking into account expenses incurred by the Authority due to such reletting, <br /> payable at the same time and manner as provided for Base Rental in Section 5.01. <br /> (2) Terminate the City's right to possession of the J eased Property by giving <br /> a written notice of termination to the City. On the date specified in such notice (which <br /> shall be not less than three (3) days after the giving of such notice) the City's right to <br /> possession under this Lease shall terminate and the City shall surrender possession of <br /> the Leased Property, as the case may be, to the Authority, unless on or before such <br /> date all arrears of rental and all other sums payable by the City hereunder, and all costs <br /> and expenses incurred by or on behalf of the Authority hereunder, including attorneys' <br /> fees incurred in connection with such defaults, shall have been paid by the City and all <br /> other defaults or breaches hereunder by the City at the time existing shall have been <br /> fully remedied to the satisfaction of the Authority. Upon such termination, the <br /> Authority may recover, in addition to all other damages available by contract or at law, <br /> to the extent permitted by law, from the City: (i) the worth at the time of award of the <br /> unpaid rental which had been earned at the time of termination; and (ii) the worth at <br /> the time of award of the amount by which the unpaid rental which would have been <br /> earned after termination until the time of award exceeds the amount of such rental loss <br /> that the City proves could have been reasonably avoided. The "worth at the time of <br /> award" of the amounts referred to in clauses (i) and (ii) above is computed by allowing <br /> interest at the rate of twelve per cent (12%) per annum. <br /> Without otherwise limiting any of the rights or remedies of the Authority set <br /> forth herein, the Authority expressly waives the right to receive any amount from the City <br /> pursuant to Section 1951.2(a)(3) of the California Civil Code. <br /> LA1-63219.5 24 <br />