j. Info Serv lease on AS400 - Laserfiche WebLink

(1) the amount of all rent and other amom~ts payable by Lessee hereuuder due but tmpaid as of such date, plus (2) the amount stated in the Supplement or an exhibit thereto as the Termination Balance, plus (3) an anlomtt equal to the applicable purchase price set thath in the Supplement. Upon thc occurrence of an Event of Default and at any time thereafter, Lessor may exercise any one or more of the remedies listed below as Lessor in its sole discretion may lawfully elect; provided, however, that upon the occ~trrence of~n Event of Defa~dt specified in Section 20 (d), an amount equal to Lessor's Loss as of the data of such occurrence shall automatically be md become immediately due and payable without ~oluce or demand of any kind. A. Lessor may, by wrlt~en notice to Lessee, temdnata tiffs Lease and declare an amotmt equal to Lessor's Loss as of the date af such nofice to be immediately due and payable, and the same shall thereupun be and become immediately due and payable without further notice or detained, and all fighta of Lessee to use the Eqmpment shall terminate but Lessee shall be and remath liable as provided in this Section 21. Lessee shall at its expense prampfiy deliver the Eqthpme~t to Lessor at a location or locations within the continental Uthted States designatad by Lesso~. Lesser may also enter upon the premises where the Equipment is located and take irrm~ed[ate possession of and remove the same w/th or without inslitating legal proceedhlgs. B. Lessor may proceed by appropriate court action to enforce performance by Lessee of the applicable covenants of tiffs Lease or to recover, for breach of lins Lease, Lessor's Loss as of the date Lessor% Loss is declnred due and payable hereauder; provided, however, that upon recovery of Lesso#s Lass from Lessee in any such action without ha~ing to repossess and dispose of the Eqmpment, Lessor shall transfer the Equipment to Lessee at its then locafion upon payment of any additional amotmt dun under clause (C, D, E) below. C. In the event Lessor repossesses the Equipment, Lessor shall aith~r retath the Equipment h~ full satisfaction of Lessee's obligation haretmder or sell or lease each item of Equipment ~ such a manner and upon such terms as Lessor may kn its sole discretion determine. The proceeds of such sale er lease shall be applied to reimburse Lessor for Lessor's Loss and any additional amount due under clause (D, E) below. Lessee shall be entitled to andy sus~ins and Lessee shag remain liable for any deficiency. Far purposes of this subparagraph, the procceds uf may lease of all or any part of the Eqmpment by Lessor shall be the amount reasonably assigned by Lessor as thc cost of such Equipment in determining the rent under such Lease. D. Lessor may recover interest on the unpaid balance of Lessor~s Loss from date it becomes payable until fully paid at a rate of 8% per E. Lessor may exercise any other fight or remedy available to it by [aw or by agreement, and may in any event recover legal fees and other expenses incurred by reason of an Event of Default or to the exercise of any remedy harettuder, thcludmg expenses of repossession, repair, storage, tcmasportafion, and disposition of thc Eqdipmcnt. No remedy given th tiffs section is intended to be exclusive, and each shall be cumulative but op. ly to the extent necessary to permit Lessor 1o recover amounts Par which Lessee is liable heremader. No express or mrplied waiver by Lessor of a~y Event of DefauB shall constitute a waiver of any other Event of Default. 22. NOTICES. Any written notice hereunder t~ Lessee shall be deemed to have been given when dehvered personally or deposited in the U~ted States mails, postage prepaid, addressed to Lessee at its address set fotsl~ above or at sucl~ other address as may be last lmown to Lessor. 23. NET LEASE AND UNCONDITIONAL OBLIGATION. Tins Lease is a completely net lease m~d Lessee's obligation to pay the rent and amounts payable by Lessee under Sections 15 and 21 is unconditional a~td not subject to any abatement, reduction, setoff or defense of any lcfad except as expressly provided herein. 25. NON-CANCELLABLE LEASE. This Eease cannot bc canceled or tom'anted except as expressly provided herein. 26. SURVIVAL OF INDEMNITIES. Lessee's obligations ~mder Sections I0 and I 1 shall survive tcmfion of this Lease.