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APOSTOLIC ASSEMBLY OF THE FAITH IN CHRIST JESUS, INC.
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APOSTOLIC ASSEMBLY OF THE FAITH IN CHRIST JESUS, INC.
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Last modified
8/7/2018 3:07:48 PM
Creation date
4/25/2018 3:08:59 PM
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Contracts
Company Name
APOSTOLIC ASSEMBLY OF THE FAITH IN CHRIST JESUS, INC.
Contract #
A-2018-070
Agency
Finance & MANAGEMENT SERVICES
Council Approval Date
3/20/2018
Expiration Date
3/31/2019
Insurance Exp Date
9/1/2018
Destruction Year
2024
Notes
A-2016-076-01
Document Relationships
APOSTOLIC ASSEMBLY OF THE FAITH IN CHRIST JESUS, INC. (2)
(Amends)
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default, provided that the grace period for any monetary default is only ten (10) days <br />from receipt of notice. <br />ARTICLE 6 -ASSIGNMENT, ABANDONMENT, DEFAULT, INSOLVENCY <br />Section 6.01 Assignment <br />Lessee shall not, either voluntarily or by operation of law, assign, transfer, mortgage, pledge, <br />or encumber this lease or any interest therein, and shall not sublet said Property or any part <br />thereof, or any right or privilege appurtenant thereto, or allow any other person (the <br />employees, agents, servants, and invitees of Lessee excepted) to occupy or use said Property, <br />or any portion thereof, without the prior written consent of the Lessor. <br />Section 6.02 Abandonment by Lessee <br />Should Lessee breach this Agreement and abandon the Property prior to the expiration of the <br />Term, Lessor may recover at least one month's rental compensation for Lessee's failure to give <br />notice of such te I mination/vacation of the Property. <br />Section 6.03 Default by Lessee <br />Should Lessee default in the performance of any of the terms, conditions, or obligations <br />contained in this Agreement, Lessor may, in addition to the remedies specified in Section <br />6.02 of this Agreement, re-enter and regain possession of the Property in the manner provided <br />by the laws of unlawful detainer of the State of California then in effect. <br />Section 6.04 Insolvency of Lessee <br />The insolvency of Lessee as evidenced by a receiver being appointed to take possession of all <br />or substantially all of the property of Lessee, or the making of a general assignment for the <br />benefit of creditors by Lessee, or the filing of a petition in bankruptcy shall terminate this <br />Agreement and entitle Lessor to re-enter and regain possession of the Propel ty. <br />Section 6.05 Cumulative Remedies <br />The remedies given to Lessor in this Agreement shall not be exclusive, but shall be cumulative <br />and in addition to all remedies now and hereafter allowed by law or elsewhere provided in <br />this Agreement. <br />Section 6.06 Waiver of Breach <br />The waiver by Lessor of any breach by Lessee of any of the provisions of this Agreement <br />shall not constitute a continuing waiver or a waiver of any subsequent breach by Lessee either <br />of the same or another provision of this Agreement. <br />
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