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ORANGE COUNTY FLOOD CONTROL DISTRICT (3) -2008
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ORANGE COUNTY FLOOD CONTROL DISTRICT (3) -2008
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Last modified
6/16/2014 5:43:17 PM
Creation date
5/6/2010 12:35:50 PM
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Contracts
Company Name
ORANGE COUNTY FLOOD CONTROL DISTRICT
Contract #
A-2008-289
Agency
PARKS, RECREATION, & COMMUNITY SERVICES
Council Approval Date
11/17/2008
Insurance Exp Date
9/20/2011
Destruction Year
2040
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Santa Ana River Channel <br />E01- 81551, R1553 <br />agent, be construed as adequate evidence of insurance. TENANT also agrees that upon cancellation, <br />termination, or expiration of TENANT'S insurance, that DISTRICT may take whatever steps are <br />necessary to interrupt any operation from or on the Premises until such time as the Lease is reinstated <br />by the Director. <br />TENANT further agrees to hold DISTRICT harmless for any damages resulting from such interruption <br />of business including but not limited to damages resulting from any loss of income or business <br />resulting from DISTRICT'S action. <br />Director expressly retains the right to require TENANT to increase or decrease insurance of any of the <br />above insurance types throughout the term of this Lease. Any increase or decrease in insurance will be <br />deemed by County of Orange Risk Manager as appropriate to adequately protect DISTRICT. <br />Director shall notify TENANT in writing of changes in the insurance requirements. If TENANT does <br />not deposit copies of acceptable certificates of insurance and endorsements with DISTRICT <br />incorporating such changes within thirty days of receipt of such notice, this Lease Agreement may be <br />in breach without further notice to TENANT, and DISTRICT shall be entitled to all legal remedies. <br />The procuring of such required policy or policies of insurance shall not be construed to limit <br />TENANT'S liability hereunder nor to fulfill the indemnification and hold harmless provisions and <br />requirements. <br />TENANT liability is limited to the availability of the insurance in the marketplace at the time the <br />Lease is executed by DISTRICT. <br />17. ASSIGNING. SUBLETTING, AND ENCUMBERING PROHIBITED (PME7.3S) <br />Any mortgage, pledge, hypothecation, encumbrance, transfer, sublease, sublease amendment, or <br />assignment (hereinafter in this clause referred to collectively as "Encumbrance ") of TENANT'S <br />interest in the Premises, or any part or portion thereof, is prohibited. Any attempted Encumbrance <br />shall be null and void and shall confer no right, title, or interest in or to this Lease. <br />If the TENANT hereunder is a corporation or an unincorporated association or partnership, the <br />Encumbrance of any stock or interest in said corporation, association, or partnership in the aggregate <br />exceeding twenty -five percent (25 %) shall be deemed an assignment within the meaning of this clause. <br />18. HAZARDOUS MATERIALS (PMF9.1 S) <br />A. Definition of Hazardous Materials. For purposes of this Lease, the term "Hazardous <br />Material" or "Hazardous Materials" shall mean any hazardous or toxic substance, material, product, <br />byproduct, or waste which is or shall become regulated by any governmental entity, including, without <br />limitation, DISTRICT, acting in its governmental capacity, the State of California, or the United States <br />government. <br />Edna Park Lease (06.16.09) <br />
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