Agenda - Council - 05/27/2014 - Laserfiche WebLink

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City Council Approval: May 27, 2014 H:Drive>pbrama>leases 16. ASSIGNMENT Tenant shall not assign or transfer any of its rights under this Lease or sublease any part of the Subject Property without first obtaining Landlord's express written permission at least 90 days before the assignment or sublease. 17. SUCCESSORS Subject to Section 16, the parties agree that the covenants, terms and conditions of this Lease Agreement shall extend, apply to and firmly bind the heirs, executors, administrators and successors of the respective parties. 18. REMEDIES CUMULATIVE The remedies conferred in this Lease Agreement shall be deemed cumulative and no one exclusive of the other, or of any other remedy conferred by law or equity. 19. SEVERABILITY In the event that any term, condition or provision of this Lease Agreement or the application thereof to any person or circumstance shall, to any extent, be held invalid or unenforceable, the remaining provisions of this Lease Agreement shall remain in full force and effect. 20. JOINT DRAFTING This Lease Agreement must be construed as having been equally drafted by both parties. The parties agree that the rule of construction that ambiguities in such agreements will be construed against the drafter will have no application in any interpretation or construction of this Lease Agreement or the parties' rights and responsibilities hereunder. 21. CHOICE OF LAW AND VENUE The parties agree that this Lease Agreement shall be governed by and construed and enforced in accordance with the laws of the State of Minnesota. The parties further agree that any lawsuit to enforce or challenge any provision of this Lease Agreement or the application of any such provision shall be venued only in State or Federal courts having jurisdiction over the City of Ramsey, Minnesota 22. RELATIONSHIP OF THE PARTIES Nothing in this Lease Agreement creates the relationship of principal and agent, partnership, joint venture, or any other association between Landlord and Tenant. 23. TIME IS OF THE ESSENCE Time is of the essence of this Lease Agreement, and of each and every covenant, term, condition, and provision of this Lease Agremenet. 24. NOTICES AND PAYMENTS Any notice, request or payment required or permitted under this Lease Agreement shall be deemed sufficiently secured if sent by registered or certified return receipt mail to the following addresses: Lease Agreement: Northern Starz Children's Theatre and City of Ramsey Page 5 of 8