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23.2 Date of Notice. Any notice sent by registered or certified mail, return receipt requested, shall be deemed given on <br />the date of delivery shown on the receipt card, or if no delivery date is shown, the postmark thereon. If sent by regular mail the notice <br />shall be deemed given 72 hours after the same is addressed as required herein and mailed with postage prepaid. Notices delivered by <br />United States Express Mail or overnight courier that guarantees next day delivery shall be deemed given 24 hours after delivery of the <br />same to the Postal Service or courier. Notices transmitted by facsimile transmission or similar means shall be deemed delivered upon <br />telephone confirmation of receipt (confirmation report from fax machine is sufficient), provided a copy is also delivered via delivery <br />or mail. If notice is received on a Saturday, Sunday or legal holiday, it shall be deemed received on the next business day. <br />24. Waivers. No waiver by Lessor of the Default or Breach of any term, covenant or condition hereof by Lessee, shall be <br />deemed a waiver of any other term, covenant or condition hereof, or of any subsequent Default or Breach by Lessee of the same or of <br />any other term, covenant or condition hereof. Lessor's consent to, or approval of, any act shall not be deemed to render unnecessary <br />the obtaining of Lessor's consent to, or approval of, any subsequent or similar act by Lessee, or be construed as the basis of an <br />estoppel to enforce the provision or provisions of this Lease requiring such consent. The acceptance of Rent by Lessor shall not be a <br />waiver of any Default or Breach by Lessee. Any payment by Lessee may be accepted by Lessor on account of moneys or damages <br />due Lessor, notwithstanding any qualifying statements or conditions made by Lessee in connection therewith, which such statements <br />and/or conditions shall be of no force or effect unless specifically agreed to in writing by Lessor at or before the time of deposit of <br />such payment. THE TERMS OF THIS LEASE SHALL GOVERN WITH REGARD TO ALL MATTERS RELATED THERETO <br />AND HEREBY WAIVE THE PROVISIONS OF ANY PRESENT OR FUTURE STATUTE TO THE EXTENT THAT SUCH <br />STATUTE IS INCONSISTENT WITH TIES LEASE. <br />25, No Right To Holdover. Lessee has no right to retain possession of the Premises or any part thereof beyond the expiration or <br />termination of this Lease. In the event that Lessee holds over, then the Base Rent and Percentage Rent Rate shall be increased to 150% <br />of the Base Rent and Percentage Rent Rate applicable immediately preceding the expiration or termination. Nothing contained herein <br />shall be construed as consent by Lessor to any holding over by Lessee. <br />26. Cumulative Remedies, No remedy or election hereunder shall be deemed exclusive but shall., wherever possible, be <br />cumulative with all other remedies at law or in equity. <br />27. Construction of Agreement. In construing this Lease, all headings mid titles are for the convenience of the Parties only and <br />shall not be considered a part of this Lease. Whenever required by the context, the singular shall include the plural and vice versa, This <br />Lease shall not be construed as if prepared by one of the Parties, but rather according to its fair meaning as a whole, as if both Parties <br />had prepared it. <br />28. Binding Effect; Choice of Law. This Lease shall be binding upon the parties, their personal representatives, successors and <br />assigns and be governed by the laws of the State in which the Premises are located. Any litigation between the Parties hereto <br />concerning this Lease shall be initiated in the county in which the Premises are located. <br />29. Subordination; Attornment; Non,Disturbance. <br />29.1 Subordination, This Lease shall be subject and subordinate to any ground lease, mortgage, deed of trust, or other <br />hypothecation or security device (collectively, "Security Device "), now or hereafter placed upon the Premises, to any and all <br />advances made on the security thereof, and to all renewals, modifications, and extensions thereof. Lessee agrees that the holders of <br />any such Security Devices (in this Lease together referred to as "Lender ") shall have no liability or obligation to perform any of the <br />obligations of Lessor under this Lease. Any Lender may elect to have this Lease superior to the lien of its Security Device by giving <br />written notice thereof to Lessee, whereupon this Lease shall be deemed prior to such Security Device, notwithstanding the relative . <br />dates of the documentation or recordation thereof. <br />29.2 Attornment. Indic event that Lessor transfers title to the Premises, or the Premises are acquired by another upon <br />the foreclosure or termination of a Security Devise to which this Lease is subordinated (i) Lessee shall, subject to the non - disturbance <br />provisions of Paragraph 29.3, attom to Stich new owner, and upon request, enter into a new lease, containing all of the terms and <br />provisions of this Lease, with such new owner for the remainder of the term hereof, or, at the election of the new owner, this Lease <br />will automatically become a new lease between Lessee and such now owner, and (ii) Lessor shall thereafter be relieved of any further <br />obligations hereunder and such new owner shall assume all of Lessor's obligations, except that such new owner shall not: (a) be liable <br />for any act or omission of any prior lessor or with respect to events occurring prior to acquisition of ownership; (b) be subject to any <br />offsets or defenses which Lessee might have against any prior lessor, (c) be bound by prepayment of more than one month's rent, or <br />(d) be liable for the return of any security deposit paid to any prior lessor which was not paid or credited to such new owner. <br />29.3 Non - Disturbance, With respect to Security Devices entered into by Lessor after the execution of this Lease, Lessee <br />shall execute and deliver to Lessor a commercially reasonable non - disturbance agreement (a "Non- Disturbance Agreement ") from <br />the Lender which Non - Disturbance Agreement provides that Lessee's possession of the Premises, and this Lease, including any <br />IV] <br />25F -21 <br />