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4 <br />rate of twelve percent (12%) per annum from the date of payment. Nothing herein contained <br />shall imply any consent or agreement on the part of Landlord to subject the Parent Parcel to <br />liability under a mechanic’s lien law. <br />QUIET ENJOYMENT. Landlord represents and warrants that: (i) it is in lawful <br />possession of the Premises; (ii) upon the consent of Owners, it has the full right and power to <br />make this Sublease; (iii) that if and so long as Tenant shall not be in default hereunder, Tenant <br />shall quietly hold, occupy, and enjoy the Premises pursuant to the terms herein, during the Term. <br />ASSIGNMENT AND SUBLETTING. <br />Tenant Transfers Prohibited. Tenant shall not assign, sublet, or transfer any of its rights <br />under this Sublease. Any Tenant assignment or subletting of the Premises is prohibited. <br />Landlord May Assign. Landlord retains the right to assign any or all of its rights and <br />obligations pursuant to this Sublease to any third party. Landlord will give Tenant at least <br />thirty (30) days’ notice of any such assignment, except that no prior notice shall be required <br />if the assignment occurs as a result of assignment of the Prime Lease. <br />INSURANCE. <br />Tenant will keep in force at its own expense for so long as this Sublease remains in effect <br />public liability insurance with respect to the Premises in which Landlord and Owners shall be <br />named as an additional insured, in companies and in form reasonably acceptable to Landlord with a <br />minimum combined limit of liability of One Million Dollars ($1,000,000.00). Said insurance shall <br />also provide for contractual liability coverage by endorsement. Tenant will further deposit with <br />Landlord the policy or policies of such insurance or certificates thereof, or other acceptable <br />evidence that such insurance is in effect, which evidence shall provide that Landlord shall be <br />notified in writing thirty (30) days prior to cancellation, material change, or failure to renew the <br />insurance. Such insurance shall cover all Tenant obligations set forth within this Sublease <br />including, without limitation, all Tenant indemnity obligations. If Tenant shall not comply with its <br />covenants made in this section, Landlord may, at its option, cause insurance as aforesaid to be <br />issued and in such event Tenant agrees to pay the premium for such insurance promptly upon <br />Landlord's demand. <br />DEFAULTS OF TENANT AND LANDLORD’S REMEDIES. <br />Event of Default. The occurrence of any one or more of the following events shall <br />constitute an “Event of Default” under this Sublease: <br />26