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Agenda - Council - 07/10/2007
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Agenda - Council - 07/10/2007
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3/19/2025 1:27:14 PM
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7/9/2007 8:05:16 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
07/10/2007
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have no right to anticipate return of said deposit by withholding any amount required to be paid <br />. pursuant to the provision of this Lease or otherwise. <br />In the event Landlord shall sell the Property, or shall otherwise convey or dispose of its interest <br />in this Lease, Landlord may assign the security deposit or any balance thereof to Landlord's <br />assignee, whereupon Landlord shall be released from all liability for the return or repayment of <br />such security deposit and Tenant shall look solely to the said assignee for the return and <br />repayment of said security deposit. Said security deposit shall not be assigned or encumbered by <br />Tenant without such consent of Landlord, and any assignment or encumbrance without such <br />consent shall not bind Landlord. In the event of any rightful and permitted assignment of this <br />Lease by Tenant, said security deposit shall be deemed to be held by Landlord as a deposit made <br />by the assignee, and Landlord shall have no further liability with respect to the return of said <br />security deposit to Tenant. <br />11. USE: <br />The Property shall be used and occupied by Tenant solely for the purposes of office and <br />commercial retail sales and such use by Tenant shall at all times be in full compliance with all <br />applicable laws,, ordinances and governmental regulations affecting the Building and Property. <br />The Property shall not be used in such manner that, in accordance with any requirement of law or <br />of any public authority, Landlord shall be obligated on account of the purpose or manner of said <br />use to make any addition or alteration to or in the Building. The Property shall not be used in <br />any manner which will increase the rates required to be paid for public liability or for fire and <br />extended coverage insurance covering the Property. Tenant shall occupy the Property, conduct <br />• its business and control its. agents, employees, invitees and visitors in such a way as is lawful, <br />and reputable and will not permit or create any nuisance, noise, odor, or otherwise interfere with, <br />annoy or disturb any other Tenant in the Building in its normal business operations or Landlord <br />in its management of the Building. Tenant's use of the Property shall conform to all landlord's <br />rules and regulations relating to the use of the Property as listed on Exhibit A attached hereto. <br />12. ACCESS TO PROPERTY: <br />The Tenant agrees to permit Landlord and the authorized representatives of Landlord to enter the <br />Property at all times during usual business hours for the purpose of inspecting the same and <br />making any necessary repairs to the Property and performing any work therein that may be <br />necessary to comply with any laws, ordinances, rules, regulations or requirements of any public <br />authority or of the Board of Fire Underwriters or any similar body or that Landlord may deem <br />necessary to prevent waste or deterioration in connection with the Property. Nothing herein shall <br />imply any duty upon the part of Landlord to do any such work which, under any provision of this <br />Lease, Tenant may be required to perform and the performance thereof by Landlord shall not <br />constitute a waiver of Tenant's default n failing to perform the same. The Landlord may, during <br />the progress of any work in the Property, keep and store upon the Property all necessary <br />materials, tools and equipment. The Landlord shall not in any event be liable for inconvenience, <br />annoyance, disturbance, loss of business, or other damage of Tenant by reason of making repairs <br />or the performance on any work in the Property, or on account of bringing materials, supplies <br />and equipment into or through the Property during the course thereof and the obligations of <br />• Tenant under this Lease shall not thereby be affected in any manner whatsoever. <br />7 <br />—97— <br />
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