SEC Filing Document

Company: BIOVENTRIX, INC.
Ticker: 
CIK: 1283259
Filing Type: S-1
Document Type: EX-10.5
Date Filed: 2026-02-12
Accession Number: 0001493152-26-006407
Exchange: 
SIC Code: 3841
SIC Description: Surgical & Medical Instruments & Apparatus
URL: https://www.sec.gov/Archives/edgar/data/1283259/000149315226006407/ex10-5.htm

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same within such thirty (30) day period, Landlord shall fail to commence promptly (and in any event within such thirty (30) day period) to remedy the same and to prosecute such remedy to completion with diligence and continuity. Independent Covenants. Tenant hereby acknowledges and agrees that the obligations of Tenant hereunder shall be separate and independent covenants and agreements, that the obligations of Tenant hereunder, including, without limitation the obligation to pay Basic Rent, Escalation Charges, Additional Rent and other sums due hereunder, shall continue unaffected, unless the requirement to pay or perform the same shall have been terminated or abated pursuant to an express provision of this Lease. To the extent of any conflicts or inconsistencies between the terms and provisions of this Section 14.10 and the terms and provisions of the remainder of this Lease, the terms and provisions of this Section 14.10 shall control. ARTICLE MISCELLANEOUS PROVISIONS

Landlord’s Rights of Access. Landlord and its agents, representatives, contractors and employees shall have the right
to enter the Premises upon prior reasonable notice (except in an emergency, in which event Landlord shall endeavor to give such notice
as is reasonably practicable under the circumstances and in all events notice under this Article 15 may be by telephone notwithstanding
anything to the contrary in this Lease) for the purpose of doing maintenance, making such repairs, alterations or improvements as Landlord
shall reasonably require or shall have the right to make by the provisions of this Lease or otherwise in exercising Landlord’s
rights or fulfilling Landlord’s obligations under this Lease. Landlord and its agents, representatives, contractors and employees
shall have the right to enter the Premises without notice to Tenant for the purpose of performing janitorial and other services which
Landlord is obligated to provide under this Lease or for exercising any of Landlord’s rights under Article 14 of this Lease.
Landlord and its invitees shall also have the right on reasonable prior notice to enter the Premises, for the purpose of inspecting them
or exhibiting them to prospective purchasers, prospective or actual Superior Lessors or Superior Mortgagees of the Building and, during
the final twenty-four (24) months of the Term, to prospective tenants. For each of the above purposes, Landlord shall at all times have
a key with which to unlock all the doors in the Premises, excluding Tenant’s vaults, safes and special security areas designated
in advance by Tenant to Landlord. In an emergency, Landlord shall have the right to use any means that Landlord may deem proper to open
the doors in and to the Premises. Any entry into the Premises by Landlord in the manner hereinbefore described shall not be deemed to
be a forcible or unlawful entry into, or a detainer of, the Premises, or an actual or constructive eviction of Tenant from any portion
of the Premises. No provision of this Lease shall be construed as obligating Landlord to perform any repairs, alterations or decorations
except as otherwise expressly agreed to be performed by Landlord in this Lease.

Covenant of Quiet Enjoyment. Subject to the terms and conditions of this Lease, on payment of the Basic Rent and Escalation
Charges and other Additional Rent and observing, keeping and performing all of the other terms and conditions of this Lease on Tenant’s
part to be observed, kept and performed, Tenant shall lawfully, peaceably and quietly enjoy the Premises during the term hereof, without
hindrance or ejection by any persons lawfully claiming under Landlord to have title to the Premises superior to Tenant. The foregoing
covenant of quiet enjoyment is in lieu of any other covenant, express or implied.

Landlord’s Liability.

Tenant agrees to look solely to Landlord’s then equity interest in the Property at the time of recovery for recovery of any judgment
against Landlord, and agrees that neither Landlord nor any successor of Landlord nor any beneficiary, trustee, member, manager, partner,
director, officer, employee or shareholder of Landlord or such successor shall ever be personally liable for any such judgment, or for
the payment of any monetary obligation to Tenant. The provision contained in the foregoing sentence is not intended to, and shall not,
limit any right that Tenant might otherwise have to obtain injunctive relief against Landlord or any successor of Landlord, or to take
any action not involving the personal liability of Landlord or any successor of Landlord to respond in monetary damages from Landlord’s
assets other than Landlord’s equity interest in the Property.

In no event shall Landlord ever be liable to Tenant for any loss of business or any other indirect or consequential damages suffered
by Tenant from whatever cause.

Where provision is made in this Lease for Landlord’s consent, and Tenant shall request such consent, and Landlord shall fail or
refuse to give such consent, Tenant shall not be entitled to any damages for any withholding by Landlord of its consent, it being intended
that Tenant’s sole remedy shall be an action for specific performance or injunction, and that such remedy shall be available only
in those cases where Landlord has expressly agreed in writing not to unreasonably withhold its consent. Furthermore, whenever Tenant
requests Landlord’s consent or approval (whether or not provided for herein), Tenant shall pay to Landlord, on demand, as Additional
Rent, any reasonable expenses incurred by Landlord (including without limitation reasonable attorneys’ fees and costs, if any)
in connection therewith.

Any repairs or restoration required or permitted to be made by Landlord under this Lease may be made during normal business hours, and
Landlord shall have no liability for damages to Tenant for inconvenience, annoyance or interruption of business arising therefrom.

Estoppel Certificate. Tenant shall, at any time and from time to time, upon not less than ten (10) Business Days prior written
notice by Landlord, execute, acknowledge and deliver to Landlord an estoppel certificate substantially in the form attached hereto as
Exhibit H.

Brokerage. Tenant warrants and represents that Tenant has dealt with no broker in connection with the consummation of this
Lease other than Broker, and, in the event of any brokerage claims against Landlord predicated upon prior dealings with Tenant, Tenant
agrees to defend the same and indemnify Landlord against any such claim (except any claim by Broker). Landlord warrants and represents
that Landlord has dealt with no broker in connection with the consummation of this Lease other than Broker, and, in the event of any
brokerage claims against Tenant predicated upon prior dealings with Landlord, Landlord agrees to defend the same and indemnify Tenant
against any such claim. Landlord shall be responsible to pay the commission or fee due to Broker as and to the extent provided in a separate
written agreement.

Rules and Regulations. Tenant, its employees, representatives, agents, subtenants, licensees, contractors, and invitees shall
abide by the Rules and Regulations from time to time established by Landlord, it being agreed that Landlord shall have the right from
time to time during the Term to make reasonable changes in and additions to the Rules and Regulations as Landlord deems necessary for
the management, safety, care, cleanliness, conservation and sustainability of the Building and the Property and for the preservation
of good order therein. The Rules and Regulations shall be generally applicable to all tenants of the Building of similar nature to the
Tenant named herein. Landlord agrees that any such Rules and Regulations will be uniformly enforced, provided, however, Landlord may
waive any one or more of the Rules and Regulations for the benefit of any particular tenant if Landlord reasonably deems such waiver
appropriate, but no such waiver shall be construed as a waiver of such Rules and Regulations in favor of any other tenant, nor prevent
Landlord from enforcing such Rules and Regulations against any or all tenants of the Building. Landlord shall not have any obligation
to enforce the Rules and Regulations or the terms of any other lease against any other Tenant and Landlord shall not be liable to Tenant
for violation thereof by any other tenant, its employees, representatives, agents, contractors, visitors, subtenants, licensees or invitees.
In the event that there shall be a conflict between such Rules and Regulations and the provisions of this Lease, the provisions of this
Lease shall control. The Rules and Regulations currently in effect are set forth in Exhibit F attached hereto and made
a part hereof.