My WebLink
|
Help
|
About
|
Sign Out
Browse
Search
Agmt04 cinema - closing docs
RedwoodCity
>
City Clerk
>
Agreements
>
2000-2009
>
2004
>
Agmt04 cinema - closing docs
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/5/2005 2:27:38 PM
Creation date
12/6/2004 9:14:09 AM
Metadata
Fields
Template:
Agreement
Contractor Name
numerous files
PROJECT NAME
Cinema - closing documents from escrow
RMP File Number
100 bin 24
Date
11/29/2004
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
262
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
<br /> right and easement (but not the obligation) to enter onto the affected portions of the <br /> Parking Facility and Common Areas within the Protected Area and to undertake and <br /> thereafter prosecute the completion of Landlord's Restoration Work on Landlord's behalf <br /> and at Landlord's sole cost and expense. <br /> If Tenant exercises the so-called "self-help" remedy set forth in Section 16.4(b), then <br /> Landlord shall reimburse Tenant monthly, on demand, for the actual out-of-pocket costs incurred <br /> by Tenant in performing Landlord's Restoration Work. If Landlord fails to so reimburse Tenant <br /> within ten (10) days after Tenant's demand, then Tenant shall have the right to offset the amount <br /> thereof (plus interest thereon at the Interest Rate from the date of demand) against rent and all <br /> other sums otherwise payable to Landlord hereunder and, if the Term would otherwise expire <br /> prior to the date that Tenant is paid or recoups the entire amount due to Tenant hereunder <br /> (including interest thereon as aforesaid), then Tenant shall be entitled to extend the Term, on a <br /> rent-free basis, until the entire amount thereof (including interest thereon as aforesaid) is paid to <br /> or otherwise recouped by Tenant. <br /> Section 16.5 Rental Abatement. If, as a result of any damage or destruction to any <br /> portion of the Common Area located within the Protected Area, the access to or visibility of the <br /> Premises, the operation of Tenant's business is materially and adversely affected, whether <br /> directly as a consequence of the damage or destruction or indirectly as a consequence of <br /> Landlord's Restoration Work, but Tenant nevertheless continues to operate its business in the <br /> Premises, then the Base Rent and other charges payable hereunder (excluding Percentage Rent) <br /> shall be abated, in proportion to the percentage decrease in Tenant's Gross Sales revenues <br /> resulting therefrom. If the damage or destruction is so extensive as to constitute a Substantial <br /> Casualty and if Tenant ceases operating in the Premises as a consequence thereof, then the Base <br /> Rent and other charges payable hereunder shall abate in full until such time as Landlord <br /> substantially completes Landlord's Restoration Work. In the event that this Lease shall be <br /> terminated as a ,result of damage or destruction, if any Base Rent or other charge has been paid in <br /> advance, Landlord shall refund to Tenant all sums so paid for the period after the damage or <br /> destruction. <br /> ARTICLE 17 <br /> EMINENT DOMAIN <br /> Section 17.1 Takine: of the Premises. If the whole of the Premises or any portion <br /> thereof which renders the balance unsuitable for the continuation of Tenant's business shall be <br /> taken in condemnation proceedings, by right of eminent domain or by sale in lieu of such taking <br /> or (at Tenant's election) if the City or any other Governmental Authority takes any action to <br /> close or to or to cease operating the Parking Facility as contemplated hereunder (each such event, <br /> a "Taking"), then this Lease shall terminate when possession shall be taken by the condemning <br /> authority. <br /> Section 17.2 Takin2: of the Center. If, as a result of any Taking: (a) any means of <br /> ingress or egress or other means of access to the Center or the Premises or the Parking Facility is <br /> altered so as to materially adversely affect the flow of vehicular or pedestrian traffic in, to, or <br /> 55 <br /> CHG02:3091375.v8 <br /> ",. '.'. .--........... <br />
The URL can be used to link to this page
Your browser does not support the video tag.