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INTERNATIONAL TOUR SERVICE
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Last modified
10/17/2024 5:20:47 PM
Creation date
9/5/2024 1:14:42 PM
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Contracts
Company Name
INTERNATIONAL TOUR SERVICE
Contract #
A-1993-102
Agency
Community Development
Expiration Date
10/31/1996
Destruction Year
2003
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take possession thereof and remove all perms (ard all of Tenant's personal property, fixtures, <br />equipment, alterations, improvements and utility installations in accordance with Paragraph 2Ob(2) <br />hereof) therefrom, and Tenant shall have no fur'r.ier claim to the Premises or under this Lease. <br />ARTICLE 20. DffMU, RFMIES. <br />A. Default. The occurrence of any ore or more of the following events shall constitute a default <br />under this Lease by Tenant: <br />1. Nbn--curable defaults: <br />(a) The vacation or abandonment of the Premises by Twit. <br />(b) Any attempted or involuntary transfer of Tenant's interest in this lease without Owners <br />prior written consent, as set forth more specifically in Article 13. <br />(c) If the leasehold interest of Tenant is levied upon under execution or is attached by process <br />of law. <br />(d) if any lease (other than this lease) made by Tenant for any other space on the Property is <br />terminated or terminable after the ao®eneement of the term of this Tama due to any default <br />by Tenant under such other lease. <br />(e) If Tenant makes (or has made) or furnishes (or has furnished) any warranty, representation <br />or statement to Owner in core^°ction with this Lease (or any assignment of this Lase or <br />subletting of all or part of the Premises) or any other agreement to which Owner and Tenant <br />are parties, which is or was false or misleading in arty material respect when made or furni- <br />shed. <br />(f) Any breach under Article 19. <br />2. Curable defaults: <br />(a) The failure by Tenant to make any payment of rent, additional rent or say other payment <br />required to be made by Tenant hereunder as and when due. if Tenant does not fully cure such <br />default within three days after Tenant has been served with a notice of such default, this <br />lease shall be terminable at Owners option. <br />(b) The failure by Tenant to observe or perform any nmrwnetary covenants, conditions or provi- <br />sions of this Lease to be observed or performed by Tenant, other than the aforementioned <br />non curable defaults, If Tenant does not fully cure any such ma-mnetary default within <br />ten days after Tenant has been served with a notice of such default, this Lease shall be <br />terminable at Owners option; provided, however, that if the nature of Tenant's default is <br />such that more than ten days are reasonably required for its cure, then Owner shall not be <br />entitled to terminate this Tease on acco mt of such default if Tenant commences such cure <br />within said ten day period and thereafter diligently prosecutes such cure to completion. <br />B. Remedies. <br />1. In addition to all other rights or remedies it might have, Owner shall have the right to <br />terminate this Lease and Tenant's right to possession of the Premises in the event of any non - <br />curable default set forth in Section 20A hereof if a curable default is not fully cured within the <br />cure period designated in Paragraph 20A(2) for such default. Termination of Tenant's right to <br />possession of the Premises shall terminate this lase, we vice -versa. however, if Tenant has <br />abandoned or vacated the Premises, the mere taking of possession of saw by Owner in order to per- <br />form acts of maintenance or preservation or to attempt to relet the Premises, or the appointment of <br />a received in order to protect Owners interests under this Lease, shall not be deemed a termination <br />of Tenant's right to possession of the Premises or a termination of this Iease unless Owner has not- <br />ified Tenant in writing that the Lease is terminated. The notification provided in Paragraph 20A(2) <br />for curable defaults shall be in lieu of, and not in addition to, any notice required under Section <br />1161, et. seq., of the California We of Civil Procedure. If Owner terminates this lease and <br />Tenant's right to possession of the Premises pursuant to this Paragraph 20B(1), Owner may recover <br />the following from Tenant,. <br />MAR 1988 <br />-11- <br />
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