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UNION PACIFIC RAILROAD COMPANY - 1999
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UNION PACIFIC RAILROAD COMPANY - 1999
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Last modified
1/3/2012 1:53:41 PM
Creation date
6/11/2007 2:02:58 PM
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Contracts
Company Name
UNION PACIFIC RAILROAD COMPANY
Contract #
A-1999-177
Agency
Public Works
Notes
Map - See file
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is unacceptable to Lessor for any reason, Lessor may terminate this Lease. <br />3. CONDITION OF PREMISES <br />Lessee acknowledges that neither Lessor nor any agent of Lessor has made any representation or <br />warranty with respect to the condition of the Premises or with respect to the suitability of the same <br />for the conduct of Lessee's business, nor has Lessor or any agent of Lessor agreed to undertake any <br />modifcation, alteration or improvement to the Premises. Lessee further acknowledges that Lessee <br />has independently investigated the Premises and is satisfied that the Premises are suitable for <br />Lessee's intended use and that the Premises meet all governmental and quasi-governmental <br />requirements for such intended use. By taking possession of the Premises, Lessee shall be deemed <br />to have accepted the Premises as being in good and sanitary order, condition and repair and to have <br />accepted the Premises in their condition existing as of the date of such possession, subject to all <br />applicable laws, covenants, conditions, restrictions, easements and other matters of public record <br />and any rules and regulations from time to time promulgated by Lessor governing the use of the <br />Premises. <br />Lessee hereby warrants that Lessee is the lawful owner of all the right, title and interest in and to the <br />improvements located upon the premises ("improvements" collectively includes, without limitation, <br />all buildings, sheds, fences, paving, above or below ground tanks, and structures of any kind <br />including, without limitation, any alterations or additions thereto). Lessee assumes all obligations tc <br />maintain said improvements in good condition and to remove same, at the option of Lessor, upon <br />termination of this Lease, in accordance with Section 19 hereof. <br />4. SUBTERRANEAN FACILITIES <br />The absence of markers, monuments or maps indicating the presence of subterranean facilities <br />within the Premises, whether belonging to Lessor or otherwise, does not constitute a warranty or <br />representation by Lessor or its agents that none exist. Lessee accepts this Lease with full <br />cognizance of the potential presence of such facilities within the Premises, acknowledging that the <br />costs of Lessee's use of the Premises may increase by reason thereof, and acknowledging that the <br />owner or owners thereof may have acquired the right to continue to maintain such facilities by the <br />passage of time. <br />5. ADDITIONAL RENT <br />All taxes, charges, costs and expenses which Lessee is required to pay under this Lease in addition <br />to Base Rent, and all interest and charges that may accrue thereon in the event of Lessee's failure <br />to pay the same and all damages, costs and expenses which Lessor may incur by reason of any <br />default by Lessee hereunder, shall be deemed to be additional rent hereunder ("Additional Rent"). <br />In the event of nonpayment by Lessee of any Additional Rent, Lessor shall have all the rights and <br />remedies with respect thereto as Lessor has for the nonpayment of Base Rent. The term "Rentals" <br />as used in this Lease shall mean the Base Rent and Additional Rent. All Rentals and other monies <br />due under this Lease shall survive the termination of this Lease or the expiration of the Lease Term, <br />as applicable ("Lease Termination"). <br />Document 0011 <br />Page 5 of 20 <br />
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