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vi. The use of the Premises by each assignee shall not violate, or create any potential violation of, <br />applicable Laws, codes or ordinances, nor violate any other agreements affecting the Premises, Landlord or other <br />occupants in the Building; and <br />vii. Tenant shall pay Landlord the sum of One Thousand Five Hundred Dollars ($1,500.00) as <br />reimbursement to Landlord for administrative and legal expenses incurred by Landlord in connection with any such <br />assignment. <br />(c) In the event that Tenant desires to assign this Lease, Tenant shall give notice to Landlord setting <br />forth the terms of the proposed assignment. Tenant shall advise Landlord of the name of the proposed assignee, <br />shall furnish Landlord with the information required by Landlord with respect to the proposed assignee, and <br />Landlord shall advise Tenant, within sixty (60) business days after receipt of such notice and all required <br />information from Tenant, that Landlord either consents or refuses to consent to an assignment to the proposed <br />assignee. <br />13.2. Assignment by Landlord. Landlord, at any time and from time to time, may assign its interest in <br />this Lease, and, if (a) Landlord assigns its interest in this Lease; and (b) the assignee assumes all of the obligations <br />of Landlord under the terms and conditions of this Lease; then Landlord and its successors and assigns (other than <br />the assignee of this Lease) shall be released from any and all liability hereunder. <br />ARTICLE XIV. <br />MISCELLANEOUS <br />14.1. Security Deposit. Intentionally Omitted. GeHtefllpffaneously with the execautien of this Lease, <br />Tenant shall deposit the Seeer-ity Deposit, as defined in Seetinn,! �1(j)) with Landlord. Lafidlor& (a) shall held the <br />funds. The geeuFity Depesi )a thereef-, may be applied by Landler-d to eur-e any default by Tenant <br />undef this Lease, without pfejudiee to afty othef remedy ef remedies that Landlefd may have en aeeeunt ef sueh <br />application. Upen an), stieh applioatien by Landlefd, Tenant shall pay te Landlffd en demand the afneow applied b) <br />Landlord to euFe suoh defiault so that the Seeurity Depesit is fes4efed to its original ametint. if Landlord eonveys the <br />Premises duFing the Ter-mi (A) Landlord may tum the Seeur-ity Deposit eveF to Landlord's gFafitee of! sueeesser; and <br />(B) Tenant shall release Landlerd ffem any and all liability with Fespeet te the Seeur-ky Deposit. if Tenant faithful!y <br />peFfeFms its obligations under- the ter-Ffls and eenditions ef this Lease, then Landlek! shall return to Tenant the <br />ameunt ef the Serawity Deposit net applied by LandleFd te eur-e defaults by Tenant, witheut interest, within thi <br />(30) days after the latter- ofi (y) the TeFfnifla4ien Date; oF (z) the date thm Tenant has suffendered possession te <br />LandleFd in aeeerdanee with the ter-fns and oenditiens of this Lease. <br />14.2. Guaranjy. Intentionally Omitted. This Lease shall not berseme effeetive until the execautien <br />personal guar-ant�, ef this Lease ift the form at4aeahed heivto as Exhibit E (the "9±jggW'). Upon exeetitien of this <br />Lease and the QuaFanty, the executed- Geun—n—in-13, shall be aftaGhed to thi&bease ams Ex-hibit Jr. 11. <br />14.3. Notices. Any notice, demand, request or other instrument (any "Notice ") which may be or is <br />required to be given under this Lease shall be in writing and shall be deemed given and received: (a) on the date of <br />delivery when delivered in person (with receipt for delivery); (b) three (3) business days after deposit with the U.S. <br />Postal Service, when sent by United States certified or registered mail, return receipt requested, postage prepaid; or <br />(c) on the next business day following deposit of any such Notice with a national overnight delivery carrier (with <br />receipt evidencing such delivery) such as, but not limited to, Federal Express or UPS. Any Notice to be delivered in <br />person or by mail shall be addressed: (a) if to Landlord, at the address set forth in Section 1.1(fl hereof, or at such <br />other address as Landlord may designate by written notice; and (b) if to Tenant, at the address set forth in Section <br />1.1(g) hereof, or at such other address as Tenant may designate by written notice. <br />14.4. Waiver. One or more waivers of any covenant or condition by Landlord shall not be construed as <br />a waiver of a subsequent breach of the same covenant or condition, and the consent or approval by Landlord to or of <br />any act by Tenant requiring Landlord's consent or approval shall not be deemed to render unnecessary Landlord's <br />consent or approval to or of any subsequent similar act by Tenant, except as otherwise provided herein. <br />