Agenda - Council Work Session - 05/14/2024

Home

26. REMOVAL OF FIXTURES Notwithstanding anything contained In paragraph 8, paragraph 32 or elsewhere in this Lease, if � p g p LANDLORD.'requests then TENANT will promptly remove at the sole cost and expense of TENANT all fixtures, equipment and alterations made by TENANT simultaneously with vacating the Leased Space and TENANT'will promptly restore the Leased Space ace to the condition p p p y p that existed;immediately prior to-said fixtures, equipment and alterations having been made all at the sole cost and expense of TENANT, r 27. QUIET ENJOYMENT: ; LANDLORD warrants that it has full right to execute and to perform this Lease and to grant the estate demised, and that TENANT, upon payment of the rents and other amounts due and the I 1 performance of all the terms, conditions, covenants'and agreements on TENANT's part to be observed and performed under this Lease, may peaceably and quietly enjoy the Leased Space for. the business uses permitted hereunder, subject, nevertheless, to the terms and conditions of this Lease. 230 RECORDING: TENANT shall not record this Lease without the written consent of,LANDLORD. however, upon the, request of either party hereto, the other party shall join in the execution of the Memorandpm lease for the purposes of recordation. Said Memorandum lease shall describe the patties, the Leased Space and the term of the Lease and shall incorporate this Lease by reference. 29, OVERDUE PAYMENTS: All monies due under.this Lease from TENANT to LANDLORD shall be due on demand,unless unl ss otherwise specified and if not paid when due,.shall result in the im position of a service charge' for � g such late payment in the'amount of five percent(5%) of the amount due. 30. SURRENDER. I On the Expiration Date or upon the termination hereof upon a day ,other than the Expiration Date, TENANT shall peaceably surrender the Leased i Space broom-clean in good order,'condition and repair, reasonable wear and tear only excepted, On or before-the Expiration Date or upon termination of this Lease on a day other than the Expiration Date, TENANT shall, at its expense,;remove all trade fixtures, personal property and equipment and signs from the Leased Space and any not removed shall be deemed to have been abandoned. Any damage caused*in removal of such items shall be repaired by TENANT and at its expense. All alterations, additions, improvements and fixtures other than trade fixtures which shall have been made or installed by LANDLORD or TENANT upon the Leased Space and all floor covering so installed shall at the option of LANDLORD remain upon and be surrendered with the Leased Space as a part thereof, Without disturbance, molestation or injury, and without charge, at the expiration or termination of this Lease. If the Leased Space is not surrendered on the Expiration Date or the date of termination, TENANT shall indemnify LANDLORD against loss or. liability, claims, without limitation, made by any succeeding TENANT founded on such delay. TENANT shall promptly surrender all keys for-the Leased Space to LANDLORD at the lace them fxed -for p 14 I I