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17. Remedies. Upon the occurrence of an Event of Default by Lessee under this Lease, <br /> Lessor may, at its option, take any one or more of the following courses of action: <br /> (i) terminate this Lease; <br /> (ii) proceed by appropriate judicial action to enforce this Lease and recover damages caused <br /> by the breach, including, without limitation, attorneys' fees, court costs and other collection <br /> costs; <br /> (iii) demand that Lessee return the Equipment to Lessor in Returnable Condition within thirty <br /> (30)days; <br /> (iv) require Lessee to purchase the Equipment; and/or <br /> (v) accelerate all sums due under this Lease plus interest at the Default Rate. In addition, <br /> Lessee shall be liable for all reasonable attorneys' fees and other costs and expenses resulting <br /> from the occurrence of any Event of Default or the exercise by Lessor of any of the remedies <br /> available to it. <br /> 18. Representations of Lessee. Lessee represents and warrants to Lessor that: <br /> (a) The execution, delivery and performance of this Lease have all been duly authorized by <br /> all necessary action on the part of Lessee; and <br /> (b) This Lease constitutes a legal, valid and binding agreement of Lessee and is enforceable <br /> in accordance with its terms. <br /> 19. Representations of Lessor. Lessor represents and warrants to Lessee that: <br /> (a) The execution, delivery and performance of this Lease have all been duly authorized by <br /> all necessary action on the part of Lessor; and <br /> (b) This Lease constitutes a legal, valid and binding agreement of Lessor and is enforceable <br /> in accordance with its terms. <br /> 20. Assignment and Subletting. Without Lessor's prior written consent (which it may <br /> withhold in its sole discretion), Lessee shall not (i) assign, transfer, pledge, hypothecate, or <br /> otherwise dispose of the Equipment or any interest therein; or (ii) sublet or lend the Equipment <br /> or permit it to be used by anyone, other than Lessee or Lessee's employees. If Lessor's consent <br /> to such assignment or subletting is given pursuant to this Section 20, Lessee shall remain <br /> primarily liable to perform all of the covenants and obligations contained in this Lease, <br /> including,without limitation, the payment of rent. <br /> LESSEE AGREES THAT LESSOR MAY ASSIGN OR TRANSFER THIS LEASE OR <br /> LESSOR'S INTEREST IN THE EQUIPMENT WITHOUT NOTICE TO LESSEE. <br /> Lessee acknowledges that any assignment or transfer by Lessor will not materially change <br /> Lessee's duties or obligations under this Lease nor materially increase the burdens or risks <br /> imposed on Lessee. Lessee shall cooperate with Lessor in executing any documentation <br /> reasonably required by Lessor or any assignee of Lessor to effectuate any such assignment. <br /> - 8 - <br />