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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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If the Lessee spills,releases, or disposes of any Hazardous Material at the Premises, <br /> Lessor may, at Lessor's sole option, declare Lessee in default. <br /> As used herein,the term "Hazardous Material"means any hazardous or toxic substance, <br /> material,or waste which is or becomes regulated by any local governmental authority, the State <br /> of Washington, or the United States Government. <br /> All portions of this Hazardous Material Section shall survive the expiration or early <br /> termination of this lease. <br /> 27. PRIORITY/ESTOPPEL CERTIFICATES. Lessee agrees to execute any <br /> subordination or estoppel certificates which may be requested by Lessor within fifteen(15)days <br /> of their submission to Lessee. If the subordination or estoppel certificate notes or describes any <br /> outstanding dispute between the Lessor and Lessee,the certificate will not act as a waiver of the <br /> outstanding dispute. <br /> 28. NO BROKERS. Lessor warrants to Lessee that Lessor has not engaged a broker in <br /> connection with this Lease. Lessee agrees to indemnify the Lessor if a claim for a feeor <br /> commission arises in connection with this transaction as a result of Lessee's engagement of a <br /> broker in connection with this Lease. <br /> 29. INSPECTION AND RIGHT-OF-ENTRY. Lessor and its agents shall have the <br /> right,but not the duty,to inspect the Premises at any time to determine whether Lessee is <br /> complying with the terms of this Lease. If Lessee is not in compliance with this Lease,.Lessor <br /> shall have the right,but not the duty,to immediately enter upon the Premises to remedy any <br /> violation caused by Lessee's failure to comply notwithstanding any other provision of this Lease. <br /> Lessor shall use its best efforts to minimize interference with Lessee's use of the.Premises but <br /> shall not be liable for any interference caused thereby. <br /> 30. COSTS AND ATTORNEY'S FEES. In the event of litigation or other action <br /> brought to enforce the terms of this lease, each party shall bear its own attorney's fees and costs. <br /> 31. CAPTIONS. The Captions in this lease are for convenience only and do not in any <br /> way limit or amplify the provisions of this lease. <br /> 32. ENTIRE AGREEMENT.This Lease represents the entire agreement between the <br /> parties and supersedes all other agreements and representations made prior hereto. No <br /> amendment hereof shall be binding on either party unless and until approved in writing by both <br /> parties. <br /> 33. SEVERABILITY. If any provision of this Lease or any application hereof shall be <br /> found to be invalid or unenforceable, for any reason,the remainder of this Lease and any other <br /> application of such provision shall not be affected thereby. <br /> 34. INSOLVENCY. If Lessee shall file a Petition in Bankruptcy, or if Lessee shall be <br /> adjudged bankrupt or insolvent by any court,or if a receiver of the property of Lessee shall be <br /> appointed in any proceeding brought by or against Lessee,or if Lessee shall make an assignment <br /> for the benefit of creditors,the Lessor may, at its option,terminate this Lease. <br /> 35. BINDING EFFECT. This Lease shall be binding upon the parties hereto and upon <br /> their respective representatives, successors and assign. <br /> 7 <br />
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