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Located a waiver of any of Landlord's rights tinder this Article 11, an acceptance of any Transferee as a tenant of Landlord, or a release of Tenant <br />from the performance of Tena ( ' s obligations under this Lease. <br />A RTiCLE 12 •SUBORD[NATION AND A170RNM ENT; ESTOPPEL CERTIFICATES; FINANCIAL STATENI ENTS, <br />12.1 S ubo rdin a lion and AIIorn menI. <br />12.1,1 This Lease, and die rights and interests of Teni,nt hereunder, are and shall be subordinate to all Security Instruments <br />which now or hereafter constitute a lien upon or affect the Project, the Building or the Premises and the rights and interests of the Holders of such <br />Security Instruments. Such subordination shall be effective without the necessity of the execution by Tenant of any additional document for the <br />purpose of evidencing or elTecling such subordination, In addition, Landlord shell have the right to subordinate or cause to be subordinated any such <br />Security Instruments to this Lease, and in such case, in die event of the termination or transfer of Landlord's estate or interest in the Project by reason <br />of any termination or foreclosure of any such Security Instruments, Tenant shall, notwithstanding such subordination, allom to and become the <br />Tenant of the successor in interest to Landlord at the option of such successor in interest. Furthermore, Tenant shall within live (5) business days of <br />demand therefor execute any Instruments or other documents which may be required by Landlord or the Holder of any Security Instrument, and <br />specifically shall execute, acknowledge and deliver within five (5) business days of demand therefor a subordination of lease or subordination of <br />deed of trust, in the foram required by the Holder of the Security Instrument requesting the document. If requested to do so, Tenant shall attom to and <br />recognize as Tenant's landlord under this Lease any superior lessor, superior mortgagee or other purchaser or person taking title to the Building by <br />reason of the termination or foreclosure of any Security Instrument, and Tenant shall, within five (5) business days of demand therefor execute any <br />Instruments or other documents which may be required by Landlord or the Holder of any such Security Instrument to evidence the altomnlent <br />described in this Section 12.1.1. <br />12.1.2 Should any current or prospective mortgagee or ground lessor for the Building or the Project (or any portion thereof) <br />require a modification or modifications of the Lease, which modification or modifications will not cause an Increased costorexpense to Tenant, or in <br />any other way materially and adversely change the rights and obligations of Tenant hereunder, then and in such event, Tenant agrees that this Lease <br />may be so modified and agrees to execute whatever documents are required therefor and to deliver the same to Landlord widhin ten (10) days <br />following Landlord's request therefor. _ <br />12.2 Estoppel Certificates. Tenant shall, upon not less than ten (10) business days prior written notice from Landlord, execute, <br />acknowledge and deliver to Landlord a statement in writing certifying those facts for which certification Ines been requested by Landlord or any <br />current or prospective purchaser or current or prospective Holder of any Security Knstrumen4 including, without limitation, that: (a) this Lease is <br />unmodified and in full force and effect (or setting fords any modifications that have occurred), (b) the dates to which the Base Rent and other forms <br />of Rent payable hereunder have been paid, (c) whether or not Landlord is in default in the performance of any covenant, agreement or condition <br />contained in this Lease (and, if so, specifying each such default of which Tenant may have knowledge), and (d) any other facts forwhich certification <br />is reasonably required by Landlord or custonindly required by any prospective purchaser or Holder to which such estoppel certificate is being <br />provided. 'flee form of the statement attached hereto as Exhibit "I" is hereby approved by Tenant for use pursuant to this &ction 12.2, but Landlord <br />shall have the right to use other forms for such purpose. Tenant's failure to execute and deliver such statement within such time shall be conclusive <br />upon Tenant that this Lease is in full force and effect without modification except as may be represented by Landlord in anysuch certificate prepared <br />by Landlord and delivered to Tenant. Any statement delivered pursuant to this Section 12.2 may be relied upon by any prospective purchaser, <br />mortgagee, ground lessor or other like encumbrancer thereof or any assignee of anyeach encumbrance upon the Building or the Project. <br />121 Frndnetnl S(nteincnls At any link duringdie Teriii,—Teoai t shall; upon 'fiVi: T5) business—Ir ays' poor notice from Landlord, <br />provide Landlord with then current financial statements and financial statements for each of the two (2) years prior to the then current calendar year <br />for each of Tenant and die Guarantor (if any). Such statements shall be prepared in accordance with generally accepted accounting principles, <br />consistently applied, and shall be audited by an independent certified public accountant. <br />ARTICLE 13—CASUALTI'' TAKING <br />13.1 Casualty <br />13.1.1 Repair of the Premises. 'tenant shall promptly notify Landlord in writing (a "Damage Notice") of any casualty event, <br />damage or condition to which this Section 13.1 is or may be applicable (a "Casualty"), Landlord shall, within a reasonable time after the discovery <br />by Landlord of any damage resulting font any Casualty ("Casualty Damage"), subject to reasonable delays for insurance adjustment or other <br />matters beyond Landlad's reasonable control, and subject to all other Let ins of this Section 13.1 begin to repair the damage to the Project and (he <br />Premises resulting from such Casualty, and shall proceed with reasonable diligence not to exceed 60 days to restore the Project and Premises (the <br />"Restoration") to substantially (he same condition as it existed before such Casualty, except for modifications required by applicable Laws or <br />covenants, conditions and restrictions, end modifications dcetned desirable by Landlord; provided, however, that Landlord shall not be required Lo <br />repair or replace any orthe Leasehold Improvements or any of Tenant's Personal Property (all ofwhich shall be promptly repaired, restored and/or <br />replaced by Tenant). Landlord shall have no liability for any inconvenience or annoyance to Tenant or injury to Tenant's business as a result crony <br />Casually, or the Restoration, regardless of the cause therefor. Base Rent, and Additional Rent payable under Sections 4.2 and 4_3, shall abate il'and <br />to the extent Tenant causes to occupy a material portion of [he Prellikes that was damaged by a Casualty and rendered unfit for occupancy (for the <br />Permitted Use) as it result thereat'. for Ow period of Lillie commencing on the date Tenant vacutes such damaged portion of the Premises and <br />continuing until the Premises Rnunration is substantially complete (as reasonably determined by Landlord); provided, however, OWL such abatement <br />shnll be limited to [he proceeds of rental interruption insurance proceeds with respect to the Premises and such Casualty collected by Landlord. <br />13.1.2 Excentiuns m landlord's Oblivalinps. Notwithstanding mhylbing to the central) contained in [his Section 13.1. <br />Landlord shall have lie obligation to repair the Premises and shall leave the right to terminate this Lease in any case where: (a) any poNnu of the <br />Premises or any material portion of Lhe Pm*l is damaged and (b) any of the following conditions exist: M Landlord estimates in good faith that the <br />Restoration cannot reasonably be conhplead (without the payment of overtime) within one hundred eighty I130) days of Landlord's discovery of ncc <br />801 IVCivic Ctl,ter Vr—Chj rrjSaum.bra Leore .12. <br />