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Agenda - Council - 07/25/2017
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Agenda - Council - 07/25/2017
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3/17/2025 3:34:56 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
07/25/2017
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or by overnight express service which maintains confirmation of delivery, (i) if to Landlord at <br />Landlord Address set forth on Item 8 of the Data Sheet, and (ii) if to Tenant, at Tenant Address <br />set forth in Item 9 of the Data Sheet, unless notice of a change of address is given pursuant to the <br />provisions of this Section. The day notice is given by mail shall be deemed to be the day <br />following the day of mailing. If acceptance is refused, as evidenced by the records of the Postal <br />Service or overnight delivery service, notice shall be deemed given on the date acceptance is <br />refused. <br />21. ESTOPPEL CERTIFICATES: Tenant agrees at any time and from time to time, upon <br />not less than five (5) days prior written notice by Landlord, to execute, acknowledge and deliver <br />to Landlord or a party designated by Landlord a statement in writing (i) certifying that this Lease <br />is unmodified and in full force and effect, or if there have been modifications, that the Lease is in <br />full force and effect as modified and stating the modifications, (ii) stating the dates to which the <br />rent and other charges hereunder have been paid by Tenant, (iii) stating whether or not Landlord <br />is in default in the performance of any covenant, agreement or condition contained in this Lease, <br />and, if so, specifying each such default, (vi) such other matters relating to this Lease as may <br />reasonably be requested. Any such statement delivered pursuant hereto may be relied upon by <br />any owner of the Project or any prospective purchaser of the Project. Tenant acknowledges that <br />failure to comply with this Section 20 on a timely basis could result in loss of a favorable sale <br />and Tenant agrees to be liable for any consequential damages resulting from Tenant's breach <br />hereunder. <br />22. SURRENDER: HOLDING OVER: Upon the expiration of this Lease or the earlier <br />termination of Tenant's right to possession, Tenant shall immediately vacate the Premises, <br />remove all of its property therefrom, remove any Hazardous Materials installed, used, generated, <br />stored or disposed of by Tenant, and leave the Premises in the condition required by this Lease. <br />Any property not removed shall be deemed abandoned, and Tenant shall be liable for all costs of <br />removal and Tenant shall indemnify, defend and hold Landlord harmless from any cost or <br />liability due to disposition of any property in the Premises in which a person other than Tenant <br />has an interest. Should Tenant continue to occupy the Premises, or any part thereof, after the <br />expiration or termination of the Lease term, whether with or without the consent of Landlord, <br />such tenancy shall be from month to month and the monthly Rent set forth in the term sheet shall <br />be payable if Tenant's holdover is without the consent of Landlord, neither this Section nor the <br />acceptance of any rent hereunder shall prevent Landlord from exercising any remedy to regain <br />immediate possession of the Premises. <br />23. BROKERS: Tenant warrants that it has not engaged or dealt with any broker in <br />connection with this Lease and Tenant agrees to indemnify and hold Landlord harmless from and <br />against any claim for broker's fees or finder's fees asserted by anyone on account of any dealings <br />with Tenant in connection with this Lease. <br />24. MISCELLANEOUS: <br />24.1 This Lease is governed by and shall be construed according to the laws of the <br />State of Minnesota. <br />Page 6 of 9 <br />
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