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portion of the Premises taken, upon giving notice of such election within thirty (30) days after receipt by Tenant from Landlord of
<br /> written notice that said Premises have been or will be so taken . In the event of such termination, both Landlord and Tenant shall be
<br /> released from any liability or obligation under this Lease arising after the date of termination, except as otherwise provided for in this
<br /> Lease.
<br /> (c) Landlord and Tenant, immediately after learning of any taping, shall give notice thereof to each other.
<br /> (d) If this Lease is not terminated on account of a taking as provided herein above, then Tenant shall continue to occupy that
<br /> portion of the Premises not taken and the parties shall proceed as follows : (i) at Landlord' s cost and expense and as soon as reasonably
<br /> possible, Landlord shall restore (or shall cause to be restored) the Premises remaining to a complete unit of like quality and character
<br /> as existed prior to such appropriation or taking, and (ii) the annual rent provided for in Section 3 and other sums due under the Lease
<br /> shall be reduced on an equitable basis , taking into account the relative values of the portion taken as compared to the portion
<br /> remaining . Tenant waives any statutory rights of termination that may anise because of any partial taking of the Premises .
<br /> (e) Landlord shall be entitled to the entire condemnation award for any taking of the Premises or any part thereof. Tenant' s
<br /> right to receive any amounts separately awarded to Tenant directly from the condemning authority for the taking of its merchandise,
<br /> personal property, relocation expenses and/or interests in other than the real property taken shall not be affected in any manner by the
<br /> provisions of this Section 17, provided Tenant' s award does not reduce or affect Landlord's award and provided further, Tenant shall
<br /> have no claim for the loss of its leasehold estate .
<br /> ASSIGNMENT AND SUBLETTING
<br /> 18 . Tenant shall not assign this Lease or any interest hereunder or sublet the Premises or any part thereof, or permit the use of the
<br /> Premises by any party other than the Tenant, without Landlord' s prior written consent, which consent shall not be unreasonably
<br /> withheld, conditioned or delayed . Tenant shall pay to Landlord, concurrently with any request for consent to assignment or sublet, a
<br /> non-refundable fee of $ 1 , 000 . 0o as payment to Landlord for its review and processing of the request. In addition,
<br /> Tenant shall pay to Landlord any legal fees and expenses incurred by Landlord in connection with the proposed assignment or sublet,
<br /> to the extent such amounts exceed $ 21500 = 00 Consent to any assignment or sublease shall not impair this
<br /> provision and all later assignments or subleases shall be made likewise only on the prior written consent of Landlord. No sublease or
<br /> assignment by Tenant shall relieve Tenant of any liability hereunder.
<br /> EVENTS OF DEFAULT
<br /> 19 . The happening of any one or more of the following events (hereinafter any one of which may be referred to as an "Event of
<br /> Default") during the term of this Lease, or any renewal or extension thereof, shall constitute a breach of this Lease on the part of the
<br /> Tenant : (a) Tenant fails to pay when due the rental or any other monetary obligation as provided for herein; (b) Tenant abandons or
<br /> vacates the Premises ; (c) Tenant fails to comply with or abide by and perform any non-monetary obligation imposed upon Tenant
<br /> under this Lease within thirty (30) days after written notice of such breach; (d) Tenant is adjudicated bankrupt; (e) A permanent
<br /> receiver is appointed for Tenant' s property and such receiver is not removed within sixty ( 60) days after written notice from Landlord
<br /> to Tenant to obtain such removal; (f) Tenant, either voluntarily or involuntarily, takes advantage of any debt or relief proceedings
<br /> under any present or future law, whereby the rent or any part thereof is , or is proposed to be, reduced or payment thereof deferred and
<br /> such proceeding is not dismissed within sixty (60) days of the filing thereof; (g) Tenant makes an assignment for benefit of creditors ;
<br /> or (h) Tenant' s effects are levied upon or attached under process against Tenant, which is not satisfied or dissolved within thirty (30)
<br /> days after written notice from Landlord to Tenant to obtain satisfaction thereof.
<br /> REMEDIES UPON DEFAULT
<br /> 20 . Upon the occurrence of Event of Default, Landlord may pursue any one or more of the following remedies separately or
<br /> concurrently, without prejudice to any other remedy herein provided or provided by law : (a) Landlord may terminate this Lease by
<br /> giving written notice to Tenant and upon such termination shall be entitled to recover from Tenant damages as may be permitted
<br /> under applicable law; or (b) Landlord may terminate this Lease by giving written notice to Tenant and, upon such termination, shall be
<br /> entitled to recover from the Tenant damages in an amount equal to all rental which is due and all rental which would otherwise have
<br /> become due throughout the remaining term of this Lease, or any renewal or extension thereof (as if this Lease had not been
<br /> terminated) ; or (c) Landlord, as Tenant's agent, without terminating this Lease, may enter upon and rent the Premises, in whole or in
<br /> part, at the best price obtainable by reasonable effort, without advertisement and by private negotiations and for any term Landlord
<br /> deems proper, with Tenant being liable to Landlord for the deficiency, if any, between Tenant's rent hereunder and the price obtained
<br /> by Landlord on relettimg, provided however, that Landlord shall not be considered to be under any duty by reason of this provision to
<br /> take any action to mitigate damages by reason of Tenant's default and expressly shall have no duty to mitigate Tenant' s damages . No
<br /> termination of this Lease prior to the normal ending thereof, by lapse of time or otherwise, shall affect Landlord' s right to collect rent
<br /> for the period prior to termination thereof. Tenant acknowledges and understands that Landlord's acceptance of partial rental will not
<br /> waive Tenant' s breach of this Lease or limit Landlord' s rights against Tenant hereunder or Landlord' s right to evict Tenant through a
<br /> summary ejectment proceeding, whether filed before or after Landlord' s acceptance of any such partial rental.
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<br /> STANDARD FORM 592-T
<br /> Revised 7/2024
<br /> Tenant Initials Im Landlord Initials GJP © 7/2024
<br /> Produ d with rone Wolf Transactions (zipForm Edition ) 717 N Harwood St, Suite 2200 , Dallas, TX 75201 www. lwolf.com HREG
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