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Citrine Health 8/21/2023
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Citrine Health 8/21/2023
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Last modified
9/8/2023 9:25:53 AM
Creation date
9/8/2023 9:24:02 AM
Metadata
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Contracts
Contractor's Name
Citrine Health
Approval Date
8/21/2023
Council Approval Date
8/16/2023
End Date
9/30/2028
Department
Real Property
Department Project Manager
Darcy Byrd
Subject / Project Title
Lease agreement with Citrine Health at Everett Station
Tracking Number
0003919
Total Compensation
$435,424.68
Contract Type
Real Property
Contract Subtype
Leases
Retention Period
6 Years Then Destroy
Imported from EPIC
No
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(b) Assignment by Landlord. Landlord shall have the right to assign and <br /> transfer, in whole or in part, its rights and obligations under this Lease and in any and all of the <br /> Building and the real property upon which it is situated. If Landlord so assigns this Lease or sells <br /> or transfers any or all of the Building, Landlord shall, upon consummation of such assignment or <br /> transfer be released automatically from any liability under this Lease for obligations to be <br /> performed or observed after the date of the assignment or transfer. After the effective date of <br /> the assignment or transfer, Tenant must look solely to Landlord's successor-in-interest for all <br /> liability and obligations hereunder. <br /> 14. SURRENDER OF LEASED PREMISES. <br /> (a) Surrender. Tenant shall, at the expiration or earlier termination of this <br /> Lease, surrender and deliver the Leased Premises to Landlord (i) in as good condition as when <br /> received by Tenant from Landlord or as later improved, reasonable use and wear excepted, and <br /> (ii) free from any tenancy or occupancy by any person. <br /> (b) Removal of Property. Upon the expiration or earlier termination of this <br /> Lease, Tenant may remove its personal property, office supplies and office furniture and <br /> equipment if (i) such items are readily moveable and are not attached to the Leased Premises; <br /> (ii) such removal is completed prior to the expiration or earlier termination of this Lease; and <br /> (iii) Tenant immediately repairs all damage caused by or resulting from such removal. All Tenant <br /> Alterations shall become the property of Landlord and shall remain upon and be surrendered <br /> with the Leased Premises, unless Landlord requires their removal. If removal is required, Tenant <br /> shall, at its sole cost and expense, remove all (or such portion as Landlord shall designate) of the <br /> Tenant Alterations, repair any damages resulting from such removal and return the Leased <br /> Premises to the same condition as existed prior to such Tenant Alterations. <br /> (c) Holding Over. If Tenant holds over after the expiration of the term of the <br /> Lease with Landlord's express prior written consent, which may be withheld at Landlord's sole <br /> discretion, such holding over will be construed as a tenancy from month-to-month on the terms <br /> and conditions set forth in this Lease, which tenancy may be terminated by either party upon at <br /> least thirty (30) days' written notice to the other party, effective as of the last day of a calendar <br /> month. If Tenant holds over after the expiration of the Term or earlier termination thereof <br /> without Landlord's prior written consent, which may be withheld in Landlord's sole discretion, <br /> such tenancy shall be a tenancy at sufferance, and shall not constitute a renewal hereof or an <br /> extension for any further term, and in such case Base Rent shall be payable at a daily rate equal <br /> to three times the amount of the daily Base Rent applicable during the last rental period of the <br /> Term under this Lease. Such tenancy shall be subject to every other applicable term, covenant <br /> and agreement contained herein. Nothing contained in this Section 14(c) shall be construed as <br /> consent by Landlord to any holding over by Tenant, and Landlord expressly reserves the right to <br /> require Tenant to surrender possession of the Leased Premises to Landlord as provided in this <br /> Lease upon the expiration or other termination of this Lease. If Tenant fails to surrender the <br /> Leased Premises upon the termination or expiration of this Lease, in addition to any other <br /> 7 <br />
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