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SC Everett LLC 3/24/2017
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SC Everett LLC 3/24/2017
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Entry Properties
Last modified
4/11/2017 3:37:09 PM
Creation date
4/11/2017 3:37:02 PM
Metadata
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Contracts
Contractor's Name
SC Everett LLC
Approval Date
3/24/2017
End Date
12/8/2017
Department
Facilities
Department Project Manager
Mike Palacios
Subject / Project Title
Lease of City Property 26th St & W Marine
Tracking Number
0000568
Total Compensation
$0.00
Contract Type
Agreement
Contract Subtype
Lease
Retention Period
6 Years Then Destroy
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immunity under Industrial Insurance, Title 51 R.C.W., and acknowledges that this waiver has <br /> been mutually negotiated by the parties. <br /> 8. LIABILITY INSURANCE: The Lessee shall, at its own expense,maintain General <br /> Commercial Liability Insurance with a reputable insurance company or companies satisfactory to <br /> the Lessor, in the minimum limits of one million dollars($1,000,000 per occurrence and no less <br /> than$2,000,000 in the annual aggregate. The Lessee agrees to supply the Lessor with a <br /> certificate of insurance establishing(1)that its insurance obligations as herein provided have <br /> been met,(2)that the insurance policy or policies as herein required are not subject to <br /> cancellation without at least sixty(60)days advance written notice to the Lessor, and(3)that the <br /> City of Everett,its officers, employees and agents are named as an additional named insured. <br /> 9. SUBLETTING AND ASSIGNMENT. Lessee shall not sublet the whole or any part <br /> of said Premises,nor assign this lease,or any part thereof,without the written consent of Lessor <br /> which consent shall not be unreasonably withheld. If consent is once given by Lessor to the <br /> assignment of this lease, or any interest therein,Lessor shall not be barred from afterward <br /> refusing to consent any further assignment. This lease shall not be assignable by operation of <br /> law. <br /> Any assignment made by Lessee shall not become effective until the assignee,in writing, <br /> shall assume this lease and agree to perform and be bound by all of the obligations of Lessee <br /> accruing under this lease from and after the date of such assignment. In the event of such an <br /> assignment and assumption, Lessor shall remain bound by all of the obligations of Lessor <br /> accruing under this lease and,regardless of Lessor's consent,no subletting or assignment shall <br /> release Lessee of Lessee's obligation or alter the primary liability of Lessee to pay the rent and to <br /> perform all other obligations to be performed by Lessee hereunder. Acceptance of rent by <br /> Lessor from any other person shall not be deemed to be a waiver by Lessor of any provision <br /> hereof. Consent to one assignment or subletting shall not be deemed consent to any subsequent <br /> assignment or subletting. <br /> In the event of a permitted assignment of this Lease,Lessor,without having advice from <br /> the Lessee to the contrary,shall at such time credit all unearned rental hereunder to the assignee. <br /> Any other disposition of unearned rental will be made by Lessor only upon the joint written <br /> request of both Lessee and Lessor's Assignee at the time of submitting said assignment to Lessor <br /> for its consent. <br /> 10. CASUALTY REBUILDING CONDEMNATION. In the event the any portion of <br /> the Premises are destroyed or damaged by fire or other causes to such an extent that the Lessor <br /> shall decide to discontinue the operation of the Premises,which decision shall be communicated <br /> to Lessee within thirty(30)days after such damage or destruction,then this lease shall be <br /> terminated as of the date of such damage or destruction. In the event of damage to the Premises <br /> by fire or other causes,other than under the circumstances described in the preceding sentence, <br /> Lessor shall repair the Premises within a reasonable time and as quickly as circumstances will <br /> 3 <br />
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