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5900 36TH AVE W 2025-01-06
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5900 36TH AVE W 2025-01-06
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Last modified
1/6/2025 3:28:40 PM
Creation date
12/18/2024 2:51:38 PM
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Address Document
Street Name
36TH AVE W
Street Number
5900
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17-57381 <br /> "Taxes") levied or assessed by any governmental or quasi-governmental body upon the Pipeline <br /> or any other improvements constructed or installed on the Premises by or for Licensee(collectively, <br /> the "Improvements") or any Taxes levied or assessed against Licensor or the Premises that are <br /> attributable to the Improvements. <br /> DEFAULT, TERMINATION, AND SURRENDER <br /> 23. Default and Termination. In addition to and not in limitation of Licensor's right to terminate for failure <br /> to provide evidence of insurance as required pursuant to the terms of Section 16, the following <br /> events are also deemed to be events of default pursuant to which Licensor has the right to terminate <br /> as set forth below: <br /> 23.1 If default shall be made in any of Licensee's covenants, agreements, or obligations <br /> contained in this License or in case of any assignment or transfer of this License in violation <br /> of Section 26 below, and Licensee fails to cure said default within thirty (30) days after <br /> written notice is provided to Licensee by Licensor, Licensor may, at its option, terminate <br /> this License by serving five (5)days' notice in writing upon Licensee. Notwithstanding the <br /> foregoing, Licensor shall have the right to terminate this License immediately if Licensee <br /> fails to provide evidence of insurance as required in Section 16. <br /> 23.2 Should Licensee not comply fully with the obligations of Section 17 regarding the handling <br /> or transporting of Hazardous Materials, notwithstanding anything contained in any other <br /> provision of this License, and fails to cure said default within thirty (30) days after written <br /> notice is provided to Licensee by Licensor(or within such shorter period as may be required <br /> by law), Licensor may, at its option, terminate this License by serving five(5) days' notice <br /> in writing upon Licensee. <br /> 23.3 Any waiver by Licensor of any default or defaults shall not constitute a waiver of the right <br /> to terminate this License for any subsequent default or defaults, nor shall any such waiver <br /> in any way affect Licensor's ability to enforce any Section of this License. The remedies <br /> set forth in this Section 23 shall be in addition to, and not in limitation of, any other <br /> remedies that Licensor may have at law or in equity. <br /> 24. Surrender of the Premises. <br /> 24.1 On or before expiration or termination of this License for any reason, Licensee shall, at its <br /> sole cost and expense: <br /> 24.1.1 Unless consent for the Pipeline to remain on the Premises pursuant to Section <br /> 24.3 is granted by Licensor in writing, remove the Improvements, the Pipeline and <br /> all appurtenances thereto, or, at the sole discretion of Licensor, fill and cap or <br /> otherwise appropriately decommission the Pipeline with a method satisfactory to <br /> Licensor; <br /> 24.1.2 report and restore any environmental noncompliance or damage to the Premises, <br /> Licensor's other property, or any other property arising from, growing out of, or <br /> connected with Licensee's use of the Premises; <br /> 24.1.3 remedy any unsafe conditions on the Premises created or aggravated by Licensee; <br /> and <br /> 24.1.4 leave the Premises in substantially the same condition, including environmental <br /> conditions, which existed as of the Effective Date, or as otherwise agreed to by <br /> Licensor. <br /> 32330630.2 14 Form 424;Rev.20190916 <br />
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