My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Washington Rush Soccer Club 5/30/2023
>
Contracts
>
Agreement
>
Leases (not Real Property)
>
Washington Rush Soccer Club 5/30/2023
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
6/2/2023 10:15:57 AM
Creation date
6/2/2023 10:14:54 AM
Metadata
Fields
Template:
Contracts
Contractor's Name
Washington Rush Soccer Club
Approval Date
5/30/2023
Council Approval Date
5/24/2023
End Date
5/31/2028
Department
Parks
Department Project Manager
Cory Rettenmeier
Subject / Project Title
Lease Agreement for Kasch Park Athletic Office
Tracking Number
0003686
Total Compensation
$429,895.56
Contract Type
Agreement
Contract Subtype
Leases (not Real Property)
Retention Period
6 Years Then Destroy
Imported from EPIC
No
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
27
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
or such shorter or longer period expressly provided elsewhere in this Lease (provided, if the <br /> nature of Tenant's failure is such that more time is reasonably required in order to cure, an Event <br /> of Default shall not be deemed to have occurred and such failure may be cured if Tenant <br /> commences to cure such failure within such period and thereafter reasonably and diligently <br /> pursues the cure to completion, such period in no event to exceed ninety(90) days from the date <br /> of Landlord's original default notice); <br /> (d) Insolvency. The filing of a petition by or against Tenant (the term "Tenant" <br /> shall include, for the purpose of this Section, any guarantor of Tenant's obligations hereunder) <br /> (i) in any bankruptcy or other insolvency proceeding; (ii) seeking any relief under any state or <br /> federal debtor relief law; (iii)for the appointment of a liquidator or receiver for all or substantially <br /> all of Tenant's property or for Tenant's interest in this Lease; (iv) for the reorganization or <br /> modification of Tenant's capital structure; or (v) in any assignment for the benefit of creditors <br /> proceeding; however, if such a petition is filed against Tenant, then such filing shall not be an <br /> Event of Default unless Tenant fails to have the proceedings initiated by such petition dismissed <br /> within ninety (90) days after its filing. <br /> (e) Failure to Surrender. Tenant fails to surrender possession of the Leased <br /> Premises at the expiration or earlier termination of his Lease in the condition required by this <br /> Lease. <br /> (f) Multiple Events of Default. Notwithstanding any cure periods specified in <br /> this Section 19, after the occurrence during the Term of any two events which after the giving of <br /> notice or the lapse of time would become an Event of Default,Tenant shall neither be entitled to <br /> notice nor an opportunity to cure and Landlord, at its option, may immediately declare an Event <br /> of Default. <br /> 20. REMEDIES. Upon any Event of Default, Landlord may, in addition to all other rights <br /> and remedies afforded Landlord under this Lease or by law or equity, take any one or more of <br /> the following actions: <br /> (a) Termination of Lease. Terminate this Lease by giving Tenant written <br /> notice, in which event Tenant shall pay to Landlord the sum of <br /> (i) all rent accrued under this Lease through the date of termination, <br /> (ii) all other amounts due hereunder, plus interest at the Default Rate, <br /> and <br /> (iii) an amount equal to the total rent that Tenant would have been <br /> required to pay for the remainder of the Term, with Tenant <br /> receiving a refund equal to the net sum thereafter actually received <br /> by Landlord through reletting the Leased Premises during the <br /> remainder of such Term, after deducting all reasonable costs <br /> incurred by Landlord in reletting the Leased Premises, and with <br /> such refund and reletting also subject to the following: <br /> 13 <br />
The URL can be used to link to this page
Your browser does not support the video tag.