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Charlotte E. Walker 1/9/2026
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Charlotte E. Walker 1/9/2026
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Last modified
2/4/2026 4:23:30 PM
Creation date
2/4/2026 4:14:08 PM
Metadata
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Contracts
Contractor's Name
Charlotte E. Walker
Approval Date
1/9/2026
Council Approval Date
10/29/2025
Department
Facilities & Property Management
Department Project Manager
Paul McKee
Subject / Project Title
Lease Assignment and Assumption associated with purchase of 3310 Paine Avenue
Tracking Number
0005102
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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Exhibit A to Lease Assignment and Assumption <br />16.1.3 Bankruptcy. The making by Tenant of any general assignment or <br />general arrangement for the benefit of creditors; or by the filing by or against Tenant of a petition <br />to have Tenant adjudged bankrupt, or a petition or reorganization or arrangement under any law <br />relating to bankruptcy [unless, in the case of a petition filed against Tenant, the same is <br />dismissed within ninety (90) days of filing]; or the appointment of a trustee or a receiver to take <br />possession of substantially all of Tenant's assets located at the Premises or of Tenant's interest in <br />this Lease, where such seizure is not discharged in ninety (90) days after appointment of said <br />trustee or receiver, or the filing of a petition for the appointment of the same, whichever shall <br />first occur. <br />16.1.4 Vacating the Premises. The abandonment of the Premises by <br />Tenant without the payment of rent (except in the event of damage or destruction to the Premises <br />which prevents Tenant from conducting any business thereon). Tenant shall be conclusively <br />deemed to have abandoned the Premises upon removal of all or substantially all personal <br />property of Tenant from the Premises (unless prior written notice was given to Landlord <br />explaining the basis for such removal and that occupancy was intended to be re -commenced <br />within thirty (30) days) and discontinuance of the payment of rent. <br />16.2 Remedies in Default. In the event of any such default or breach by <br />Tenant, Landlord may at any time thereafter, with notice and without limiting Landlord in the <br />exercise of any right or remedy which Landlord may have by reason of such default or breach: <br />1.6-2.1 Terminate Tenant's right to possession of the Premises by any <br />lawful means, in which case this Lease shall terminate and Tenant shall immediately surrender <br />possession of the Premises to Landlord. In such event Landlord shall be entitled to recover from <br />Tenant all damages incurred by Landlord by reason of Tenant's default, including but not limited <br />to: <br />(i) the cost of recovering possession of the Premises; and <br />(ii) expenses of reletting, including necessary renovation and alteration of the <br />Premises; and <br />(iii) any real estate commission actually paid, and that portion of the leasing <br />commission, if any, paid by Landlord with respect to this Lease, <br />applicable to the unexpired term of this Lease; and <br />(iv) all unpaid rent due at the time of award by the court having jurisdiction <br />thereof, plus interest as provided below; plus the worth at the time of the <br />award of all unpaid rent and other charges required herein for the balance <br />of the Lease term after the time of such award, except to the extent that <br />Tenant proves such amount can reasonably be avoided by reletting the <br />Premises; and <br />11 <br />Initial <br />
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