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8863-16 lease agreement with Cleveland Clinic for 1450 Belle Ave Suite 300
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8863-16 lease agreement with Cleveland Clinic for 1450 Belle Ave Suite 300
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reason of Tenant's default, brokerage commissions, and the cost of repairs, <br />renovation or alteration of the Premises, and the balance to the payment of <br />Rentals and all other sums due from Tenant hereunder, with Tenant remaining <br />liable for any deficiency. Landlord's obligations pursuant to this paragraph 13.3 <br />shall be subject to the reasonable requirements of Landlord to develop in a <br />harmonious manner the real estate of which the Premises are a part. <br />14. SURRENDER OF PREMISES <br />On the Lease Termination, Tenant covenants to peacefully yield up and surrender the <br />Premises broom clean and in good order, repair and condition, reasonable wear and tear <br />and damage from fire and casualty loss and damage due to Landlord's negligence <br />excepted, and to remove all Tenant's property and all Alterations required or permitted to <br />be removed under the provisions of Section 6 hereof. <br />15. ATTORNEYS' FEES <br />15.1 Party to Lisiaation: If either party becomes a party to any litigation concerning this <br />Lease or the Premises by reason of any act or omission of the other party or Its <br />authorized representatives (the "Innocent Party "), then the Innocent Party shall be <br />entitled to be reimbursed by the other party hereto for reasonable attorneys' fees <br />and court costs incurred by the Innocent Party in the litigation. <br />15.2 Prevailing Party: If either party commences an action against the other in <br />connection with this Lease or the Premises, the prevailing party shall be entitled to <br />recover from the losing party reasonable attorneys' fees and costs of suit, <br />16. SUBORDINATION <br />16.1 Subordination to Mortgagees: Tenant agrees that upon the request of Landlord it <br />will subordinate this Lease to the lien of any mortgage which may hereafter exist <br />for which the Building or Landlord's Interest in this Lease is pledged as security. <br />Landlord agrees that It shall use reasonable efforts to obtain from any mortgagee <br />which requires that this Lease be subordinated, a non - disturbance agreement <br />whereby such mortgagee shall agree: <br />(a) to recognize the Interest of Tenant under this Lease; <br />(b) that so long as Tenant shall perform its obligations under this Lease the <br />rights of Tenant hereunder shall remain in full force and effect; and <br />(c) that Tenant's occupancy of the Premises under this Lease will not be <br />disturbed in the event of foreclosure or other action taken under the <br />mortgage. <br />Tenant shall execute and deliver to Landlord all instruments Landlord reasonably <br />deems necessary to evidence and give effect to any such subordination, provided <br />that no such instrument shall alter any of the terms, covenants or conditions of this <br />Lease, In the event of a foreclosure sale or a deed given in lieu of foreclosure, <br />Tenant shall on written request of such purchaser or grantee attorn to the <br />purchaser or grantee, as the case may be. <br />10 <br />
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