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Agenda - Council - 12/09/2008
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Agenda - Council - 12/09/2008
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3/19/2025 9:39:37 AM
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12/5/2008 3:28:42 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
12/09/2008
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21. Relationship of Parties. This contract shall create the relationship of landlord and <br />tenant between LESSOR and LESSEE and none other. <br />22. Holding Over. If the LESSEE remains in possession after expiration of the term <br />hereof, with LESSOR'S acquiescence and without any distinct agreement of parties, the LESSEE <br />shall be a tenant at will, and there shall be no renewal of this. Lease by operation of law. <br />23. Surrender of Premises. At the termination of this Lease, LESSEE. shall surrender <br />the Premises and keys thereof to LESSOR. <br />24. Definifions. "LESSOR" as used in this Lease -shall include First Party, .its <br />representatives, assigns and successors in title to Premises; "LESSEE", if this Lease shall. be validly <br />assigned or sublet, shall include its successors and .shall include also LESSEE'S assignees and <br />sublessees. "LESSOR" and "LESSEE" shall. include male and female, singular and plural, <br />corporation, partnership or individual as may fit the particular parties. <br />25. Eminent Domain. If the entire Premises are taken by any public authority under <br />the power or threat of eminent domain, then the term of this Lease shall cease as of the day <br />possession shall be taken by such public authority, and the LESSOR- shall make a pro rata refund of <br />any rent that may have been paid in advance. In the event that less than the entire Premises is so <br />taken and. provided the Premises are not rendered untenantable thereby, then this Lease shall <br />terminate only at the option of the LESSOR. In the event that only a part of the Premises is so <br />taken and that this Lease does not so terminate, there shall be a pro rata reduction in rent to the <br />extent such taking interferes in any way with LESSEE'S use of the Premises, and all other terms <br />and provisions hereof shall remain in full force and effect. All damages awarded for such taking <br />shall belong to and be the property of the LESSOR, irrespective of the basis on which they are <br />awarded. <br />26. Subordination. The LESSEE agrees that at the LESSOR'S election this Lease <br />shall. be subordinate to any land Lease, or mortgage now on or to be placed in the future on the <br />Premises or building and to any and all advances to be made thereunder and to the interest thereon <br />and to all renewals, replacements and extensions thereof, provided that such subordination shall not <br />-6- -53- <br />
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