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2009 057 Ordinance
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2009 057 Ordinance
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Last modified
11/19/2018 4:08:10 PM
Creation date
9/7/2018 8:44:35 AM
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Template:
Legislation-Meeting Minutes
Document Type
Ordinance
Number
057
Date
12/21/2009
Year
2009
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C. Irr the event L.ESSEE=S use of the PREMISES is such as to cause <br />an increase in the insurance rates upon the building in which the <br />PREMISES are located, LESSEE agrees to pay LESSOR as <br />additional rental such premium increase. <br />D. LESSEE shall not sublet said PRERAISES or any part thereof nor <br />assign this lease, without in each case the written consent of <br />LESSOR first, which consent shall not be unreasonably withheld. <br />E. LESSEE shall not permit any transfer by operation of law, of <br />LESSEE=S interests in the PREMISES, acquired through this <br />lease. <br />F. All property which may be upon said PREMISES during the term <br />hereof, or any renewal thereof, shall be at and upon the sole risk <br />and responsibility of LESSEE. <br />14. DESTRUCTIORI OF PREIVIISES. <br />A. If the PREIVIISES shall be destroyed by any cause as to be unfit, in <br />whole or in part, for occupancy and such destruction or injury could <br />reasonably be repaired within six (6) months from the happening of <br />such destruction or injury, then LESSEE shall not be entitled to <br />surrender possession of the PREMISES nor shall LESSEE=S <br />liability to pay rent under this lease cease wi#hout the mutual <br />consent of the parties hereto; but in case of any such destrucfiion. or <br />injury LESSOR shall repair the same with all reasonable speed and <br />shall complete such repairs within six (6) months from the <br />happening of such injury, and if during such period LESSEE shall <br />be unable to use all or any portion of the PREMISES, a <br />proportionate allowance shall be rriade to L.ESSEE from the rent <br />corresponding to the time during which and to the portion of the <br />PREMISES of vvhich LESSEE shall be so deprived of the use on <br />account thereof. <br />B. If such destruction or injury cannot reasonably be repaired within <br />six (6) rrionths from the happening thereof, LESSOR shall notify <br />LESSEE vvithin thirty (30) days after the happening of such <br />destruction or injury whether or nof LESSOR will repair or rebuild. <br />If LESSOR elects not to repair or rebuild, this Lease shall be <br />terminated. If LESSOR shall elect to repair or rebuild, LESSOR <br />shall specify fhe time within which such repairs or reconstruction <br />will be completed, and LESSEE shall have the option, within thirty <br />(30) days after the receipt of such notice, to elecf either to terminate <br />this Lease and further liability hereunder or to extend the term of <br />the Lease by a period of time equivalent to the time from #he <br />4
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