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25H - DOWNTOWN OFFICE LEASE
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07/06/2009
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25H - DOWNTOWN OFFICE LEASE
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Last modified
1/3/2012 4:18:16 PM
Creation date
7/2/2009 10:01:09 AM
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City Clerk
Doc Type
Agenda Packet
Item #
25H
Date
7/6/2009
Destruction Year
2014
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(b) Any attempted or involuntary transfer of Tenant's interest in this Lease <br />without Landlord's prior consent. <br />(c) If Tenant makes, or has made, or furnishes any warranty, representation or <br />statement to Landlord in connection with the Lease which is or was false or <br />misleading in any material respect when made or furnished. <br />2. Curable defaults: <br />(a) The failure by Tenant to make any payment of rent or any other payment <br />required to be made by Tenant hereunder, as and when due, where such <br />failure shall continue for a period of three (3) days after written notice thereof <br />by Landlord to Tenant, this Lease shall be terminable at Landlord's option. <br />(b) The failure by Tenant to observe or perform any of the covenants, conditions, <br />or provisions of this Lease to be observed or performed by the Tenant, where <br />such failure shall continue for a period of thirty (30) days after written notice <br />thereof by Landlord to Tenant; provided; however, that if the nature of <br />Tenant's default is such that more than thirty (30) days was reasonably <br />required for its cure, then Tenant shall not be deemed to be in default if <br />Tenant commences such cure within said thirty (30) day period, and thereafter <br />diligently prosecutes such cure to completion. <br />B. Remedies. In the event of any non-curable default or breach by Tenant, <br />Landlord shall have the right to terminate this Lease and Tenant's right to possession of <br />the Premises, and Tenant shall immediately surrender possession of the Premises to <br />Landlord. If Landlord terminates this Lease and Tenant's right to possession for the <br />Premises, Landlord may recover the following from Tenant: <br />(a) The worth at the time of award of the unpaid rent which was due, owing and <br />unpaid by Tenant to Owner at the time of termination; <br />(b) The worthy at the time of the award of the amount by which the unpaid rent <br />for the balance of the Lease term after the time of award exceeds the amount <br />of rental loss which Tenant proves could be reasonably avoided; <br />(c) Pursuing any other remedies now or hereafter available to Landlord under the <br />laws or any judicial decision of the state in which the Premises are located. <br />16. PARKING <br />Tenant shall have the right to use the parking facilities of the building in common <br />with other tenants or occupants of the Property. <br />25H-8 <br />
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