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2015 010 Ordinance
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2015 010 Ordinance
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Last modified
11/19/2018 4:11:08 PM
Creation date
9/11/2018 4:56:43 AM
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Template:
Legislation-Meeting Minutes
Document Type
Ordinance
Number
010
Date
5/18/2015
Year
2015
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PREMISES are located, LESSEE agrees to pay LESSOR as <br />additional rental such premium increase. <br />D. LESSEE shall not sublet said PREMISES 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 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 and <br />responsibility of LESSEE. <br />14. DESTRUCTION OF PREMISES. <br />A. If the PREMISES 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 liability <br />to pay rent under this lease cease without the mutual consent of the <br />parties hereto; but in case of any such destruction or injury LESSOR <br />shall repair the same with all reasonable speed and shall complete <br />such repairs within six (6) months from the happening of such injury, <br />and if during such period LESSEE shall be unable to use all or any <br />portion of the PREMISES, a proportionate allowance shall be made <br />to LESSEE from the rent corresponding to the time during which and <br />to the portion of the PREMISES of which LESSEE shall be so <br />deprived of the use on account thereof. <br />B. If such destruction or injury cannot reasonably be repaired within six <br />(6) months from the happening thereof, LESS®R shall notify <br />LESSEE within thirty (30) days after the happening of such <br />destruction or injury whether or not LESSOR will repair or rebuild. If <br />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 the time within which such repairs or reconstruction will <br />be completed, and LESSEE shall have the option, within thirty (30) <br />days after the receipt of such notice, to elect either to terminate this <br />Lease and further liability hereunder or to extend the term of the <br />Lease by a period of time equivalent to the time from the happening <br />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 <br />the Lease, LESSOR shall restore the PREMISES to their former <br />4 <br />
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