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Agmt04 Recycled Water (PVG Mana
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Agmt04 Recycled Water (PVG Mana
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Last modified
10/24/2017 9:28:59 AM
Creation date
8/12/2004 10:11:43 AM
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Template:
Agreement
Contractor Name
Recycled Water (PVG Management)
PROJECT NAME
production & delivery / sublease
RMP File Number
802
Date
7/27/2004
MO Ref
04-152 04-93
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<br /> nature and extent of interference to Tenant's ability to conduct business in the premises <br /> and the need for access and essential services. The abatement shall continue from the <br /> date the damage occurred until landlord's architect certifies that the repairs anp restoration <br /> to the Relevant Space or the part rendered unusable are substantially completed and so <br /> notifies Tenant, or until Tenant again uses the premises or the part rendered unusable, <br /> whichever first occurs. landlord shall not be liable for any inconvenience or annoyance <br /> to Tenant or its visitors or injury to Tenant's business resulting in any way from such <br /> damage or the repair thereof. <br /> 6.1.3 Tenant's Property. Notwithstanding anything else in Section 6.1, <br /> landlord shall not be obligated to repair or restore damage to Tenant's trade fixtures, <br /> furniture, equipment, or other personal property. <br /> 6.1.4 Damage to Building. landlord may cancel this lease in any'ofthe <br /> following situations: <br /> (a) more than forty percent (40%) of the Building is damaged and <br /> landlord decides not to repair and restore the Building; <br /> (b) any mortgagee, beneficiary of a deed of trust, ground lessor, <br /> or holder of any security interest in the Property or the Building ("Holder") shall not allow <br /> all available insurance proceeds to be applied to repair and restoration; <br /> (c) the damage is not covered by landlord's insurance required <br /> under Article 5; or <br /> (d) the lease is in the last twelve (12) months of its Term. In order <br /> to exercise its right of cancellation hereunder, Landlord must give notice to Tenant within <br /> sixty (60) days after landlord knows of the damage. The notice must specify the <br /> cancellation date, which shall be at least sixty (60) but not more than 60 (60) days after the <br /> date notice is given. <br /> 6.1.5 Cancellation. If either Party cancels this lease as permitted under <br /> this Section 6.1 , then this lease shall end on the day specified in the cancellation notice. <br /> The Rent shall be payable up to the cancellation date and shall account for any <br /> abatement. landlord shall promptly refund to Tenant any prepaid, unaccrued Rent, <br /> accounting for any abatement, plus security deposit, if any, less any sum then owing by <br /> Tenant to landlord. <br /> 32 <br /> .,.. r..er.'..~~ <br /> ì T"' r -. <br />
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