Laserfiche WebLink
SECTION 24.8 RECORDING. Tenant shall not record this Lease without the prior written consent of <br />Landlord. Tenant, upon the request of Landlord, shall execute and acknowledge a short form memorandum of this Lease <br />for recording purposes. Upon the termination of this Lease for any reason, including, but not limited to, surrender or <br />cancellation under Section 24.21 below, Tenant shall, within three (3) days of the date of request by Landlord, convey to <br />Landlord, by quit claim deed any and all interest Tenant may have under this Lease. <br /> <br /> SECTION 24.9 SERVICE CHARGE FOR FAILURE BY TENANT TO SUBMIT REQUIRED <br />INFORMATION. In the event Tenant fails or refuses to furnish any document, report or required statement or insurance <br />document as hereinbefore agreed to, the Tenant shall be liable to the Landlord for a service charge in the amount of fifty <br />dollars ($50.00) for each week or portion thereof that said delinquency or refusal persists. In the event the charge is not <br />paid within three (3) days after written demand therefor is served upon the Tenant, said amount shall be deemed to be <br />additional rent and subject to the same consequences as herein provided for failure to pay rent. <br /> <br /> SECTION 24.10 TRANSFER OF LANDLORD'S INTEREST. In the event of any transfer or transfers of <br />Landlord's interest in the Premises, including a so-called sale-leaseback, the transferor shall be automatically relieved of <br />any and all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided <br />that the interest of the transferor, as Landlord, in any funds then in the hands of Landlord in which Tenant has ah interest <br />shall be turned over, subje, ct to such interest, to the then transferee and the transferee assumes all obligations on the part of <br />Landlord accruin~ under this Lease from and after the date of the transfer. Upon the termination of any such lease in a <br />sale-leaseback transaction prior to termination of this Lease, the former tenant thereunder shall become and remain liable <br />as Landlord hereunder until a further transfer. No holder ora mortgage and/or deed of trust to which this Lease is or may <br />be subordinate, and no Landlord under a so-called sale-leaseback, shall be responsible in connection with the security <br />deposited hereunder, unless such mortgagee or holder of such deed of trust or landlord shall have actually received the <br />security deposited hereunder. <br /> <br /> SECTION 24.11 FLOOR AREA. "Floor Area" as used in this le~/ge means the aggregate number of leaseable <br />square feet of floor space of all floor levels in the ~ Center, including any mezzanine space, measured from (a) the <br />outside faces of ali perimeter walls thereof other than any party wall separating such premises from other leaseable <br />premises, (b) the centerline of any such party wall, (c) the outside face of any interior wall, and (d) the building and/or <br />lease line adjacent to any entrance to such premises. No deduction or exclusion from Floor Area shall be made by reason <br />of columns, ducts, stairs, elevators, escalators, shafts, or other interior construction or equipment. <br /> <br /> SECTION 24.12 1NTEREST ON PAST DUE OBLIGATIONS. Any amount due from Tenant to Landlord <br />hereunder which is not paid when due (including, without limitation, amounts due as reimbursement to Landlord for costs <br />incurred by Landlord in performing obligations of Tenant hereunder upon Tenant's failure to so perform) shall bear <br />interest at he highest rate then allowed under the usury laws of the State of California, from the date due until paid, unless <br />otherwise specifically provided herein, but the payment of the interest shall not excuse or cure any default by Tenant under <br />this Lease. <br /> <br /> SECTION 24.13 ACCORD AND SATISFACTION. No payment by Tenant or receipt by Landlord of a <br />lesser amount than the rent or other charges herein stipulated shall be deemed to be other than on account of the earliest <br />due stipulated rent or other charges, nor shall any endorsement or statement on any check or any letter accompanying any <br />check or payment as rent or other charges be deemed an accord and satisfaction, and Landlord shall accept such check or <br />payment without prejudice to Landlord's right to recover the balance of such rent or other charges or pursue any other <br />remedy in this Lease provided. <br /> <br /> SECTION 24.14 EXECUTION OF LEASE; NO OPTION. The submission of this Lease to Tenant shall be <br />for examination purposes only, and does not and shall not constitute a reservation of or option for Tenant to lease, or <br />otherwise create any interest by Tenant in, the Premises or any other premises situated in the ~ Center. Execution <br />of this Lease by Tenant and return to Landlord shall not be binding upon Landlord notwithstanding any time interval, until <br />Landlord has in fact executed and delivered this Lease to Tenant. <br /> <br /> SECTION 24.15 CONTROLLING LAW. This Lease shall be governed by and construed in accordance with <br />the laws of the State of California. If any provision of this Lease or the application thereof to any person or circumstances <br />shall, to any extent, be invalid or unenforceable, such provision shall be adjusted rather than voided, if possible, in order to <br />achieve the intent of the parties to the extent possible. In any event, all other provisions of this Lease shall be deemed <br />valid and enforceable to the full extent. <br /> <br /> SECTION 24.16 SUCCESSORS. All rights and liabilities herein given to, or imposed upon, the respective <br />parties hereto shall extend to and bind the several respective heirs, executors, administrators, successors, and assigns of the <br />parties; and if there shall be more than one Tenant, they shall all be bound jointly and severally by the terms, covenants <br />and agreements herein. No rights, however, shall inure to the benefit of any assignee of Tenant unless the assignment to <br />such assignee has been approved by Landlord in writing as provided in Section 13.1 hereof. <br /> <br /> SECTION 24.17 SPECIFIC PERFORMANCE OF LANDLORD'S RIGHTS. Nothing contained in this <br />Lease shall be construed as or shall have the effect of abridging the right of Landlord to obtain specific performance of <br />any and all of the covenants or obligations of Tenant under this Lease. <br /> <br />18 <br /> <br /> <br />