My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
INTERNATIONAL TOUR SERVICE
Clerk
>
Contracts / Agreements
>
I
>
INTERNATIONAL TOUR SERVICE
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/17/2024 5:20:47 PM
Creation date
9/5/2024 1:14:42 PM
Metadata
Fields
Template:
Contracts
Company Name
INTERNATIONAL TOUR SERVICE
Contract #
A-1993-102
Agency
Community Development
Expiration Date
10/31/1996
Destruction Year
2003
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
36
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
above, Cleaner shall, at its own expense, make such repair and restoration, and which such repair and <br />restoration is being performed, the rent shall be abated as provided above. In any situation where <br />Owner is required to or has elected to repair damage to the premises, Cleaner shall not be obligated <br />to repair or replace any items other than those items and Improvements installed.by Owner or at <br />Owners expense prior to the ant of the term of this lease. Nothing in this Article shall <br />be construed as a limitation of Tenant's liability for any such occurrence, should such liability <br />otherwise exist. <br />A total destructions of the Property stall automatically terminate this Lease as of the date of such <br />destruction. <br />Upson any termination of this cease under any of the provisions of this Article, the parties shall be <br />released thereby, without further obligation to the other, simultaneously with the surrender of <br />possession of the Premises to Owner, except for items which have theretofore accrued and are then <br />unpaid, and Tenant's security deposit shall be returned to Owner, subject to the provisions of <br />Article 6 in thls lease. <br />ARTICLE 22 <br />If the whole of the Premises (or so much thereof as to render the balance ummsable, as reasonably <br />determined by Tenant) shall be taken under power of eminent domain, or by conveyance in lieu the- <br />reof, this Lease shall automatically terminate as of the date on which actual physical possession is <br />taken by the condemnor. If Tenant wishes to terminate this lease pursuant to the preceding sentence <br />in the event of a partial taking, Tenant must exercise such right within 30 days after Tenant has <br />become aware of the extent of the taking or such right will be deemed to have been waived. No award <br />for any partial or entire taking shall be apportioned, and Tenant hereby assigns to Owner any award <br />which may be made in such taking or condemnation together with any, and all rights of Tenant now of <br />hereafter arising in or to the same or any part thereof; an portion of any such award shall be <br />allowed to or paid to Tenant for any so -nailed bonus or excess value of this lease by reason of the <br />relationship between the rental payable under this Lease and what may at the time be fair rental for <br />the Premises. Although all damages in the event of any condemnation are to belong to Owner wbetber <br />such damages are awarded as compensation for diminution in value of the leasehold or to the fee of <br />the Premises, Tenant smell have the right to claim and recover from the condemnor, but not from <br />Owner, such compensation as may be separately awarded or reooverable by Tennant in Tenant's own right <br />on account of damage to Tenant's business by reason of the condemnation and for or on account of any <br />cost or loss to which Tenant might be put in removing Tenant's merchandise, personal property, trade <br />fixtures, leasehold improvements and equipment. In the event of a partial taking which does not <br />result in a termination of this lease, the rent shall be reduced according to the part of the Pre- <br />mises remaining after the taking, and Owner shall, within a reasonable time, make a functional unit <br />out of such remaining portion of the Premises. The rent reduction for the month in which the taking <br />(of actual physical possession) by the condemnor occurs small be prorated. <br />If any part of the Premises or 15 percent or more of the then replacement cost of that part of the <br />Property which does not include the Premises shall be so takffi or apportioned, Owner shall have the <br />right, at its option, to terminate this lease and small be entitled to the entire award; however, if <br />Owner does not terminate this lease, there shall be no reduction in rent on account of stkh taking, <br />nor shall such taking entitle Tenant to terminate this lease. <br />If this lease is terminated, in whole or in part, pursuant to any of the provisions of this Article, <br />all rentals and other charges payable by Tenant to Owner hereunder and attributable to the Premises <br />taken shall be paid up to the date upon which actual physical possession shall be taken by the corr- <br />demnor, and (depending on whether this Lease is terminated as to all or only part of the Prenises) <br />either all or a prorated portion of Tenant"s security deposit shall be returned by Owner, subject to <br />the provisions of Article 6 hereof. <br />MAR 1988 <br />-14- <br />
The URL can be used to link to this page
Your browser does not support the video tag.