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SANTA ANA HOUSING AUTHORITY (2)
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SANTA ANA HOUSING AUTHORITY (2)
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Last modified
5/22/2019 4:07:49 PM
Creation date
5/22/2019 1:07:22 PM
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Contracts
Company Name
SANTA ANA HOUSING AUTHORITY
Contract #
A-2019-070-06
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
5/7/2019
Expiration Date
6/30/2022
Destruction Year
2027
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Schedule "J-3 Tenant shall be given a credit against ROFO Rent next due here under equal to the amount ofany overpayment. If Tenant fails, in the <br />applicable Acceptance Notice, to expressly reject Landlord's determination of the FMRR (nod ROFO Rent) set ford) in die applicable First Offer <br />Notice, then Tenant shall conclusively be deemed to have accepted Landlord's determination of the FMRR (and ROFO Rent) for the applicable <br />Leased First Right Space as set forth in the applicable First Otter Notice, Notwithstanding anydiing to the contrary herein. 'Tenant shall pay <br />Additional Rent with respect to any Leased First ]tight Space in the some manner as for the Initial Promises, including, without limitation, in <br />accordance with the provisions of Section 4.2 of the Lease, and Tenant's Percentage Share shall be increased to lake into account the expansion of <br />the Premises to include such Leased First Right Space, <br />3.4 Delivery and Condition of Leased First Right Spaces Delivery; Improvement, <br />3.4.1 Landlord shall endeavor to deliver the Leased First Right Space to Tenant on or before the applicable Offered Space <br />Scheduled Commencement Date (as identified in the applicable First Offer Notice); provided, however, that if for any reason, Landlord is not in a <br />Position to so deliver such Leased First Right Space on such date, Landlord shall not be in breach under this Lease and otherwise shall have no <br />liability to Tenant so long as Landlord uses commercially reasonable efforts to deliver such Leased First Right Space to Temm( as soon as reasonably <br />possible thereafter. <br />3.4.2 Tenant shall accept any Leased First Right Space in its then existing "AS IS" condition and state of repair, and <br />Landlord shall not be required to perform any work, supply any materials or incur any expense (including the granting of any allowance to Tenant <br />with respect thereto) to prepare any Leased First Right Space I'or Tenant's occupancy; provided, however, that: (a) Landlord shall cause the Leased <br />First Right Space to be demised prior to the date on which It is delivered to Tenant, mid (b) to tie extent (and only to the extent) determined in <br />connection with determination of the FMRR for any Leased First Right Space: (1) if such Leased First Right Space has not, prior to the date the some <br />is delivered to Tenant, previously been improved, Landlord shall grant to Tenant, a rent free construction period (with respect to the ROFO Rent <br />payable for such Leased First Right Space only) for the construction of the initial Leasehold Improvements (if any) in such Leased First Right Space, <br />and (B) Landlord may grant to Tenant an improvement allowance to be used for costs that are incurred in connection with die construction of the <br />initial Leasehold Improvements (if any) in such Leased First Right Space, The construction of all Leasehold improvements by Tenant in any Leased <br />First Right Space shall comply with theprovisionsol'Article 10 of the Lease <br />801 1r cork Cannon Or— cln• nJsnnar .Inn Lease 4. E.\hihil r <br />
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