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EHT, Inc. dba Everett Silvertips 10/6/2025
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EHT, Inc. dba Everett Silvertips 10/6/2025
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Last modified
10/10/2025 1:07:54 PM
Creation date
10/10/2025 1:07:23 PM
Metadata
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Contracts
Contractor's Name
EHT, Inc. dba Everett Silvertips
Approval Date
10/6/2025
End Date
8/31/2026
Department
Facilities & Property Management
Department Project Manager
Darcie Byrd
Subject / Project Title
Lease with Silvertips at 2000 Hewitt. $1300 a month
Tracking Number
0004980
Total Compensation
$0.00
Contract Type
Real Property
Contract Subtype
Other Real Property
Retention Period
10 Years Then Transfer to State Archivist
Imported from EPIC
No
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(b) If the Building is damaged by Casualty and more than fifty percent (50%) <br /> of the Building is rendered untenantable, without regard to whether the Leased Premises are <br /> affected by such damage, Landlord may, in its absolute discretion, elect to terminate this Lease <br /> by notice in writing to Tenant within thirty (30) days after the date Landlord receives written <br /> notice of the damage. Such notice shall be effective twenty (20) days after delivery to Tenant <br /> unless a later date is set forth in Landlord's notice. <br /> 18. CONDEMNATION. If the property or any part thereof wherein the Leased <br /> Premises are located shall be taken by public or quasi-public authority under any power of <br /> eminent domain or condemnation, this Lease, at the option of Landlord shall terminate and <br /> Tenant shall have no claim or interest in or to any award of damages for such taking. In the case <br /> of a taking of a part of the Leased Premises or a portion of the Building not required for Tenant's <br /> reasonable use of the Leased Premises, this Lease shall continue in full force and effect and the <br /> Base Rent shall be equitably reduced based on the proportion by which the floor area of the <br /> Leased Premises is reduced,such reduction in Base Rent to be effective as of the date the physical <br /> taking occurs. Landlord reserves all rights to damages or awards for any taking by eminent <br /> domain relating to the Leased Premises, the Building and the real property upon which the <br /> Building is situated, and the unexpired term of this Lease. Tenant assigns to Landlord any right <br /> Tenant may have to such damages or award and Tenant shall make no claim against Landlord for <br /> damages for termination of its leasehold interest or interference with Tenant's business. Tenant <br /> shall have the right, however,to claim and recover from the condemning authority compensation <br /> for any loss to which Tenant may be entitled for Tenant's moving expenses or other relocation <br /> costs if they are awarded separately to Tenant in the eminent domain proceedings and do not <br /> reduce the damages or award to Landlord. <br /> 19. EVENTS OF DEFAULT. Each of the following occurrences is an "Event of Default": <br /> (a) Payment Default. Tenant's failure to pay rent or any other amount due <br /> under this Lease within five (5) days after Landlord has delivered written notice to Tenant that <br /> such amount is due; however, an Event of Default shall occur without any obligation of Landlord <br /> to give any written notice if Tenant fails to pay rent when due and, during the twelve (12) month <br /> interval preceding such failure, Landlord has given Tenant written notice of failure to pay rent on <br /> one (1) or more occasions; <br /> (b) Abandonment. Tenant abandons or vacates the Leased Premises or any <br /> substantial portion of the Leased Premises combined with the non-payment of rent; <br /> (c) Other Defaults. Except as otherwise provided in this Section 19 or <br /> elsewhere in this Lease, Tenant's failure to perform, comply with, or observe any other <br /> agreement or obligation of Tenant under this Lease and the continuance of such failure for a <br /> period of more than thirty(30) days after Landlord has delivered to Tenant written notice thereof <br /> 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 /> t1 <br />
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