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MEXICAN AMERICAN OPP FOUND 2 - 2001
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MEXICAN AMERICAN OPP FOUND 2 - 2001
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Last modified
1/3/2012 2:37:37 PM
Creation date
10/17/2003 1:38:06 PM
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Contracts
Company Name
Mexican American Opportunity Foundation
Contract #
A-2001-153
Agency
Community Development
Council Approval Date
7/16/2001
Expiration Date
5/30/2004
Insurance Exp Date
1/30/2004
Destruction Year
2009
Notes
Amended by A-2003-084
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2. Curable defaults: <br /> <br />The failure by Tenant to make any payment of rent or any other payment required to <br />be made by Tenant hereunder, as and when due, where such failure shall continue for <br />a period of three (3) days atler written notice thereof by Landlord to Tenant, this <br />Lease shall be terminable at Owner's option. <br /> <br />b) <br /> <br />The failure by Tenant to observe or perform any of the covenants, conditions, or <br />provisions of this Lease to be observed or performed by the Tenant, where such <br />failure shall continue for a period of thirty (30) days after written notice thereof by <br />Landlord to Tenant; provided; however, that if the nature of Tenant's default is such <br />that more than thirty (30) days was reasonably required for its cure, then Tenant shall <br />not be deemed to be in default if Tenant commences such cure within said thirty (30) <br />day period, and thereafter diligently prosecutes such cure to completion. <br /> <br />B. Remedies. <br /> <br />In the event of any non-curable default or breach by Tenant, Landlord shall have the right <br />to terminate this Lease and Tenant's right to possession of the Premises, and Tenant shall <br />immediately surrender possession of the Premises to Landlord. If Landlord terminates <br />this Lease and Tenant's right to possession for the Premises, Landlord may recover the <br />following from Tenant: <br /> <br />a) The worth at the time of award of the unpaid rent which was due, owing and unpaid <br /> by Tenant to Owner at the time of termination; <br />b) The worth at the time of the award of the amount by which the unpaid rent for the <br /> balance of the Lease term after the time of award exceeds the amount of rental loss <br /> which Tenant proves could be reasonably avoided; <br />c) Pursuing any other remedies now or hereafter available to Landlord under the laws or <br /> any judicial decision of the state in which the Premises are located. <br /> <br />16. PARKING <br /> <br />Tenant shall have the right to use the parking facilities of the building in common with <br />other tenants or occupants of the Property. <br /> <br />17. GENERAL PROVISIONS <br /> <br />Waiver. The waiver by Landlord of any term, covenant or condition herein contained <br />shall not be deemed to be a waiver of such term, covenant, or condition on any <br />subsequent breach of the same or any other term, covenant, or condition herein contained. <br />The subsequent acceptance of rent hereunder by Landlord shall not be deemed to be a <br />waiver of any preceding breach by Tenant of any term, covenant, or condition of this <br />lease, other than the failure of the Tenant to pay the particular rental so accepted, <br />regardless of Landlord's knowledge of such preceding breach at the time of the <br />acceptance of such rent. <br /> <br />Time. Time is of the essence of this Lease, and each and all of its provisions in which <br />performance is a factor. <br /> <br />5 <br /> <br /> <br />
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