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2010 039 Ordinance
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2010 039 Ordinance
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Last modified
11/19/2018 4:07:49 PM
Creation date
9/7/2018 6:38:07 AM
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Legislation-Meeting Minutes
Document Type
Ordinance
Number
039
Date
10/18/2010
Year
2010
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repairs within six (6) months from the happening of such injury, and if during <br />such period LESSEE shall be unable to use all or any portion of the PRENIISES, <br />a proportionate allowance shall be made to LESSEE from the rent corresponding <br />to the time during which and to the portion of the PREMISES of which LESSEE <br />shall be so deprived of the use on account thereof. <br />B. If such destruction or injury cannot reasonably be repaired within six (6) months <br />from the happening thereof, LESSOR shall notify LESSEE within thiriy (30) <br />days after the happening of such destruction or injury whether or not LESSOR <br />will repair or rebuild. If LESSOR elects not to repair or rebuild, this Lease shall <br />be terminated. If LESSOR shall elect to repair or rebuild, LESSOR shall specify <br />the time within which such repairs or reconstruction will be completed, and <br />LESSEE shall have the option, within thirty (30) days after the receipt of such <br />notice, to elect either to terminate this Lease and further liability hereunder or to <br />extend the term of the Lease by a period of time equivalent to the time from the <br />happening of such destruction or injury until the PREMISES are restored to their <br />former condition. In the event LESSEE elects to extend the term of the Lease, <br />LE5SOR shall restore the PREMISES to their former condition within the time <br />specified in the notice, and LESSEE shall not be liable to pay rent for the period <br />from the time of such destruction or injury until the PREMISES are so restored <br />to their former condition. <br />15. RIGHTS RESERVED TO LESSOR. LESSOR reserves the following rights: <br />A. To enter the PREMISES at all reasonable times for the making of inspections, <br />repairs, alterations, improvements or additions of or to the PREMISES or the <br />building, as LESSOR may deem necessary or desirable; for any purpose <br />whatsoever related to the safety, protection, preservation or improvement of the <br />PREMISES or of the building or of LESSOR'S interest; to enforce and carry out <br />the provisions of this Lease Agreement and for the further purpose of showing the <br />leased PREMISES to prospective tenants, purchasers, representatives of lending <br />institutions and prospective tenants for other space in a building owned or <br />contracted by the LESSOR. <br />B. For the purpose of exhibiting said PREMISES and putting the usual "For Rent" <br />or "For Sale" notices, which riotices shall not be removed, obliterated or hidden <br />by LESSEE. <br />C. LESSOR reserves the right upon a thirty (30) day written notice to terminate this <br />lease under any circumstances and for any reason. <br />16. VACATION OF PREMISES. LESSEE shall deliver up to and surrender to LESSOR <br />possession of the PREMISES upon the expiration of the Lease or its termination in any <br />way in as good condition and repair as the same shall be at the commencement of said <br />term (loss by fire and ordinary wear and decay only excepted) and deliver the keys at the <br />office of LESSOR or LESSEE'S Agents. <br />4
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