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Transportes Inter Californias
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Last modified
10/20/2015 3:06:08 PM
Creation date
10/20/2015 2:55:50 PM
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Contracts
Contract #
A-1998-164
Agency
Community Development
Destruction Year
2007
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ARTICLE 47. ACGORb . D SATISFACTION, RECEIPT OF MONEY. <br />No payment by Tenant or receipt by Owner -of a lesser amount than the basic rent and additional rent <br />(jointly called ' °rent' in this Article) herein stipulated shall be deemed to be other than on <br />account of the earliest stipulated rent due and not yet paid, nor shall any endorsement or statement <br />on any check or any letter accompanying any check or payment as rent be deemed an accord and satis- <br />faction, and Owner may accept such check or payment without prejudice to O,mer's right to recover <br />the balance of such rent or pursue any other remedy in this Lease. <br />No receipt of many by Owner from Tenant after the termination of this lease, after the service of <br />any notice relating to the termination of this tease, after the commencement of any suit, or after <br />final judgment for possession of the Premises, shall reinstate, continue or extend the term of this <br />lease or affect any such notice, demand, suit or judgment. <br />:GYM •t••�1 <br />Neither Tenant nor Owner shall record this Lease or any memorandum or short form thereof without the- <br />prior written consent of the other party. <br />ARTICLE 49. AUIIiO=. <br />A. If Tenant executes this Lease as a partnership, each individual executing this Lease on behalf <br />of said partnership represents and warrants that he or she is a general partner of said partnership, <br />and that this lease is binding upon said partnership in accordance with its terms. <br />B. If Tenant executes this lease as,a division or subsidiary of a corporation: <br />1) Each of the persons executing this lease on behalf of Tenant does hereby covenant and war- <br />rant that the parent corporation is a duly authorized and existing corporation, that Tenant or the <br />parent corporation has (and is qualified to do) business in California, that Tenant has full right <br />and authority to enter into this Tease on behalf of the parent corporation as well as on it own <br />behalf, and that each person signing this Lease on behalf of Tenant was authorized to do so; and <br />2) Tenant shall, within 30 days after request by Owner, deliver to Owner a certified copy of a <br />resolution of the Board of Directors of the parent corporation authorizing or ratifying the execu- <br />tion of this lease. <br />C. If Tenant executes this lease as a corporation, each of the persons executing this lease on <br />behalf of Tenant does hereby covenant and warrant that Tenant is a duly authorized and existing <br />corporation, that Tenant has (and is qualified to do) business in California, that the corporation <br />has full right and authority to enter into this lease, and that each person signing this Lease on <br />behalf of the corporation is authorized to do so. <br />-23- <br />
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