Without limiting Lessor definition
Without limiting Lessor s other remedies provided herein and provided by law, Lessor may continue the Lease in effect after Lessee's breach and abandonment and recover Rent as it becomes due, provided that, in such event, Lessee has the right to sublet or assign subject only to reasonable conditions imposed by Lessor. Accordingly, without termination of Lessee's right to possession of the Leased Property, Lessor may demand and recover each installment of Rent and other sums payable by Lessee to Lessor under this Lease as the same becomes due and payable, which Rent and other sums shall bear interest at the maximum interest rate permitted in accordance with the laws of the State of California, from the date when due until paid, and Lessor may enforce, by action or otherwise, any other term or covenant of this Lease.
Without limiting Lessor s other rights hereunder, if Lessee shall fail to pay any amount of rent hereunder or under any Equipment Schedule within sixty (60) days after the same shall have become due and written notice provided thereof, Lessee shall automatically be deemed to be in default hereunder and under said Equipment Schedule and all of Lessee's rights, but not its obligations, under such Equipment Schedule and in and to the Equipment leased thereunder automatically shall be terminated, whereupon Lessee's right to possess and use such Equipment immediately shall cease; and Lessee hereby agrees that the foregoing shall occur without act or notice as a condition thereto, and any such requirement of any act or notice under applicable law is hereby expressly and irrevocably waived to the extent permitted thereunder. Upon the occurrence of any other Default under the provisions of Section 15 (including the failure to make any payment of rent as and when due), Lessor may, at its option, declare this Lease and such Equipment Schedule to be in default. At any time after termination of an Equipment Schedule or after declaration by Lessor that such Equipment Schedule is in default, Lessor may, in addition to any other remedies provided herein or by applicable law, exercise one or more of the following remedies as Lessor in its sole discretion shall elect:
Without limiting Lessor s or Lessee's rights under Section 22(a) hereof, Lessee hereby grants to Agent (on behalf of Lessors) a security interest in and to all revenues, contract rights, claims, choses in action, and all other rights of Lessee arising out of any sublease or assignment of Lessee's rights in this Lease, as collateral for Lessee's obligations under this Lease. Lessee shall, within ten Business Days after request by Agent, execute, acknowledge and deliver to Agent (on behalf of the Lessors) such financing statements, deeds of trust, mortgages and other security documents as Agent may deem necessary to further perfect the grant of such security interest.