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2008/01/30 Council Agenda Packet
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2008/01/30 Council Agenda Packet
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Council Agenda Packet
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1/30/2008
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f <br /> tenancy from month to month at a rental in the amount of the last Monthly Minimum Rent times 110 <br /> percent, plus all other charges payable hereunder, and upon all the terms hereof applicable to a month to <br /> month tenancy. <br /> 21. ENTRY BY LANDLORD. Landlord reserves,and shall at any and all times have,the right to <br /> enter the Premises to inspect the same,to submit said Premises to prospective purchasers or tenants,to post <br /> notices of non-responsibility,to repair the Premises and any portion of the Building of which the Premises <br /> are a part that Landlord may deem necessary or desirable, without abatement of rent, and may for that <br /> purpose erect scaffolding and other necessary structures where reasonably required by the character of the <br /> work to be performed,always providing that the entrance to the Premises shall not be blocked thereby,and <br /> further providing that the business of the Tenant shall not be interfered with unreasonably. Tenant hereby <br /> waives any claim for damages or for any injury or inconvenience to or interference with Tenant's business, <br /> any loss of occupancy or quiet enjoyment of the Premises,and any other loss occasioned thereby. For each <br /> of the aforesaid purposes, Landlord shall at all times have and retain a key with which to unlock all of the <br /> doors in, upon and about the Premises, excluding Tenant's vaults, safes and files, and Landlord shall have <br /> the right to use any and all means which Landlord may deem proper to open said doors in an emergency,in <br /> order to obtain entry to the Premises without liability to Tenant except for any failure to exercise due care <br /> for Tenant's property and any entry to the Premises obtained by Landlord by any of said means, or <br /> otherwise,shall not under any circumstances be construed or deemed to be a forcible or unlawful entry into, <br /> or a detainer of,the Premises,or an eviction of Tenant from the Premises or any portion thereof. <br /> 22. TENANT'S DEFAULT. The occurrence of any one or more of the following events shall <br /> constitute a default and breach of this lease by Tenant: <br /> 22A. The failure by Tenant to make any payment of rent or any other payment required <br /> to be made by Tenant hereunder,as and when due,where such failure shall continue for a period of <br /> ten(10)days after written notice thereof by Landlord to Tenant. <br /> 22B. The failure by Tenant to observe or perform any of the covenants, conditions or <br /> provisions of this Lease to be observed or performed by the Tenant, where such failure shall <br /> continue for a period of thirty (30) days after written notice hereof by Landlord to Tenant; <br /> provided,however,that if the nature of Tenant's default is such that more than thirty(30)days are <br /> reasonably required for its cure, then Tenant shall not be deemed to be in default if Tenant <br /> commences such cure within ten (10) days of notice from Landlord and thereafter diligently <br /> prosecutes such cure to completion. <br /> 22C. The making by Tenant of any general assignment or general arrangement for the <br /> benefit of creditors; or the filing by or against Tenant of a petition to have Tenant adjudged a <br /> bankrupt, or a petition or reorganization or arrangement under any law relating to bankruptcy;or <br /> the appointment of a trustee or a receiver to take possession of substantially all of Tenant's assets <br /> located at the Premises or of Tenant's interest in this Lease, where possession is not restored to <br /> Tenant within thirty (30) days; or the attachment, execution or other judicial seizure of <br /> substantially all of Tenant's assets located at the Premises or of Tenant's interest in this Lease, <br /> where such seizure is not discharged in thirty(30)days. <br /> 23. REMEDIES IN DEFAULT. In the event of any such default or breach by Tenant, Landlord <br /> may at any time thereafter,with or without notice or demand and without limiting Landlord in the exercise <br /> of a right or remedy which Landlord may have by reason of such default or breach: <br /> 23A. Terminate Tenant's right to possession of the Premises by any lawful means, in <br /> which case this lease shall terminate and Tenant shall immediately surrender possession of the <br /> Premises to Landlord. Landlord may terminate this Lease forthwith by written notice thereof to <br /> Tenant or by leaving upon the Premises or by affixing to an entrance door to the Premises notice <br /> �l terminating the Lease. In such event Landlord shall be entitled to recover from Tenant all <br /> damages incurred by Landlord by reason of Tenant's default including,but not limited to,the cost <br /> 99999-6028/LEGAL 13 867066.1 <br />
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