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S. <br />18 <br />QUIET ENJOYMENT <br />Landlord covenants that, subject to conipliance with all terms and obligations herein <br />imposed upon the Tenant, the Tenant shall hold and enjoy the Demised Premises during the term <br />of this lease free from the adverse claims of any and all persons. <br />ARTICLE XV <br />HOLDING OVER <br />If the Tenant remains in possession after the expiration of the term or any extension <br />hereof (without the execution of a new lease) the Tenant shall not thereby acquire any right, title <br />or interest in or to the leased premises, and shall be a tenant by sufferance during such holding <br />over on a month -to -month basis. But in such event, the Tenant shall be subject to all the <br />conditions, provisions and obligations of this lease insofar as the same shall then be applicable. <br />ARTICLE XVI <br />SUBORDINATION <br />This lease and all leasehold rights hereunder shall be, become and remain subordinate <br />to the lien of any bona fide mortgage or deed of trust now or hereafter imposed upon all or any <br />part of the Demised Premises; and the Tenant shall execute and deliver to Landlord or lender <br />upon request any instrument or instruments reasonably requested by the Landlord consenting to <br />the full subordination of this lease to any such mortgage or deed of trust upon the condition that <br />Tenant's rights hereunder shall not be disturbed by any foreclosure or otherwise so long as <br />Tenant is not in default hereunder. Tenant shall upon request of Landlord promptly furnish <br />documents stating that this lease is in full force and effect, that no defaults of Landlord exist, <br />and such other matters as are customarily contained in what is known as an "estoppel letter". <br />ARTICLE XVII <br />DEFAULT <br />17.1 EVENIS QF DEFAULT <br />If Tenant (a) fails to pay any rental or other payment hereunder as it comes due; or (b) <br />if it fails to perform any other of the terms of this lease to be observed or performed by Tenant; <br />or (c) if Tenant Shall become bankrupt or insolvent or there is an appointment of a receiver or <br />trustee of all or a portion of Tenant's property, or if Tenant makes an assignment for the benefit <br />of creditors, or petitions for or enters into such an agreement; or (d) if this lease shall pass to <br />