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Last modified
5/22/2019 4:05:10 PM
Creation date
5/22/2019 1:07:19 PM
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Contracts
Company Name
SANTA ANA - WORK CENTER
Contract #
A-2019-070-01
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
5/7/2019
Expiration Date
6/30/2022
Destruction Year
2027
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EXHIBIT "J" <br />OPTIONS <br />This Exhibit "Pconsists of the following Schedules: Schedule "J. I" (Extension Option[sj); Schedule 1.2" (Additional Space Opticn(sj); and <br />Schedule "J-3" (Determination of FMRR), all of which are incorporated herein by this reference. Notwithstanding anything to the contrary in this <br />Lease: (a) all of the rights and options of Tenant that are described in this Exhibit "J" (collectively, the "Options") are and shall be personal to the <br />Original Tenant, are not lransrcrable and may only be exercised by the Original Tenant (and not by any assignee, sublessee or other Transferee or <br />Tenant's interest in this Lease). and (b) the Extension Option and Right of First Offer maybe exercised only on the condition that, at the applicable <br />time, the Original Tenant then occupies the entire Premises. In addition, notwithstanding anything to the contrary In this Lease, at the election of <br />Landlord (in its sole and absolute discretion): (1) any attempted exercise by Tenant of the Extension Option or Right of First Offer shall be invalid <br />and ineffective if, as of the date of such attempted exercise: (A) Tenant is in default under this Lease or (B) Tenant has previously been in default <br />under (his Lease more than two times, and (ii) if as of the date that the Extension Option or Tenant's lease of any Leased First Right Space (defined <br />below) would otherwise commence: (A) Tenant is in default under this Lease or (B) Tenant has previously been in default under this Lease more <br />than two times, Landlord may cancel Tenant's exercise of the Extension Option or (he Right of First Offer with respect to the applicable Offered First <br />Right Space, as applicable, by delivery of written notice to Tenant. <br />gill O'Clrir Center Dr-C'rn, afSanra Ina lease -1- ExliibiiJ <br />
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