INTERNATIONAL TOUR SERVICE - Laserfiche WebLink

Home Browse Search

Acceptancy by Owner of rent after such expiration or earlier termination shall not Constitute a oon•- sent to a holdover hereunder or result in a rennewal or extension of this Lease. The foregoing pro- visions of this paragraph are in addition to and do not affect Owners right of re-entry or any other rights of Owner ender this lease or as otherwise provided by law. ARTICLE 17. RUIEB AND RF,CULATIOW. Tenant shall faithfully observe and comply with the rules and regulations printed on Sdnibit " , to this lease as well as all modifications thereof and additions thereto from time to time put into effect by Owner, upon reasonable notice to Tenant. Owner shall not be responsible to Tenant for the violation or nonperformance by any other tenant or occupant tan the Property with respect to any such rules and regulations. ARTICLE 18. RE-ENIRY BY Ofdl M Owner and its agents shall at any and all times have the right to enter the Premises to inspect the same, to determine whether Tenant is complying with its obligations hereunder, to supply janitorial service and any other service to be provided by Owner to Tenant hereunder, to post notices of nonre- sponsibility, to exhibit the Premises to prospective purchasers, lenders of ground lessees of the Property, or to prospective lessees of space in the Building, and to alter, inProve or repair the Premises and any portion of the Froperty, without abatement of rent, and nay (in connection with any such work) erect scaffolding and other necessary structures where reasonably required by the charac- ter of the work to be performed. Tenant hereby waives any claim for damages for any injury to, incmvenience to, or interference with Tenant's business, any loss of occupancy or quiet enjoymnt of the Premises, and any other loss occasioned thereby. For each of the aforesaid purposes, Owner shall at all times have and retain a key with which to unlock all of the doors in, upon and about the Premises, excluding Tenant's vaults and safes, and Owner shall have the right to use any and all means which Owner may deem proper to open said doors in an emergency, in order to obtain entry to the Premises and/or otherwise, and such entry shall not wader any circumstances be construed as a forcible or unlawful entry into, or a detainer of the Premises, or an actual- or constructive evic- tion of Tenant from the Premises or any portion thereof, or grounds for any abatement or reduction of react. `Nothing in this Article shall be construed as obligating Owner to perform any repairs, alterations or maintenance except as otherwise expressly required elsewhere in this lease to be per- formed by Owner. Tenant agrees that if all or substantially all of the Tenant's assets are placed in the hands of a receiver or trustee, and such receivership or trusteeship continues for a period of 30 days, or sho-- uld Tenant make an assignment for the benefit of creditors or be adjudicated a bankrupt, or should Tenant institute any proceedings under the Bankruptcy Act or under any amendment thereof which may hereafter be enacted, or under any other act relating to the subject of bankruptcy wherein Tenant seeks to be adjudicated a bankrupt, or to be discharged of its debts, or to effect a plan of liquid- ation, composition, arrangement or reorganization, or should an involuntary proceeding be filed aga- inst Tenant under such bankruptcy laws and Tennant consents thereto or acquiesces therein by pleading or default, then any such act shall be deemed a breach of this Lease, and neither this lease nor any interest in and to the Premises shall become an asset in any of such proceedings and, in any such event in addition to any and all rights or remedies of Owner hereunder or by law provided, this lease shall terminate automatically as of the date an which any one or more of the above -described occurrences takes place, and in such event it shall be lawful for Owner to re-enter the Premises and MAR 1988 -lE}-