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Agenda - Council - 02/25/2025
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Agenda - Council - 02/25/2025
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3/13/2025 9:56:06 AM
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2/24/2025 2:47:44 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
02/25/2025
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certain is established for the Closing. <br /> 3. Rent due and owing from Tenant shall be paid to Landlord as set forth in the <br /> Lease and will be prorated to the date of Closing. Rent shall be based upon the rate of <br /> $2,631.66 per month from and after June 1, 2024. <br /> 4. Tenant's security deposit will be returned by Landlord within 30 days of the <br /> Closing. <br /> 5. In connection with this mutual termination, Landlord and Tenant agree that <br /> each party shall release the other from any claims or causes of action related to the Lease <br /> or its early Termination. Tenant further indemnifies Landlord from any potential damages <br /> or business losses that may be alleged by Tenant, now or at any time in the future, and <br /> Landlord waives any claims that Tenant was in default or owed or owes additional rent to <br /> Landlord as a result of use of the Leased Premises by Tenant's business, rm Golf Carts, <br /> Inc.. This provision survives termination of the Lease. <br /> 6. Counterparts: This Amendment may be executed in any number of <br /> counterparts, each one of which shall be deemed to be an original, but all such <br /> counterparts together shall constitute one and the same instrument. <br /> 2 <br />
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