Res85 9838 - Laserfiche WebLink

Browse Search

13. RESTORATION OF LEASE PREMISES (a) Upon expiration or sooner termination of this Lease, Lessor msy accept all or any portion of the Leas Premises, as than im- proved with structures. buildings, pipelines, machinery, facilities and fills in place; or Lessor may require Losses to remove all or any portion of such Mnprovements at its sole expense and risk; or Lessor may it"If remove or have removed all or any portion of such improvements at Lessee's sols expense. - (b) In removing any such improvements Lessee shall restore the Lease Premises as nearly as possible to the conditions existing prior to their installation or construction. (c) All such removal and restoration shall be to the satisfaction of Lessor and shall be completed within ninety (90) days of the expiration or sooner termination of this Lasso. 14. QUITCLAIM Lessee shall, within ninety (90) days of the expiration or sooner termination of this Lease, execute and deliver to Lessor in a form provided by Lessor s good and sufficient release of all rights under this Lease. Should Lessee fail or refuse to deliver such a release, a written notice by Lessor reciting such failure or refusal shall, from the date of its recordation, be conclusive evidence against Lessee and all other claimants of the termination of this Lease and any rights or interests of Lessee in the Lease Premises. 15. HOLDING -OVER Any holding -over by Lessee after the expiration of the tease term, with or without the express or implied consent of Lessor, shall con- stitute a tenancy from month-to-month and not an extension of the Lease term and shall be on the terms, convenants and conditions of this Lease with rental, royalty or other consideration payable in `advance on the first day of each month, at the rate of one-wntfth (1 /12th) of the annual amount. 16. ADDITIONAL PROVISIONS (a) Waiver: (1) No term, covenant or condition of this Lease and no default or breach of any such term, covenant or condition shall be deemed to have been waived, by Lessor's acceptance of a late or nonconforming performance or otherwise, unless such a waiver is expressly acknowledged by Lessor in writing. STATE OF CALIFORNIA — STATE LANDS COMMISSION LEASE P.R.C. No A (2) Any such waiver shall not be deemed to be s waiver d any other term, covenant or condition or any other default or breach of any term, covenant or condition of this Leas. fb) Time: Tinto is of the essence of this Lease and each and all of its -terms. covenants or conditions in which performance is a I c a . (c) Notice: All notices required to be given under this Lease shall be given in writing, sent by United States mail with postage prepaid to Lessor at the offices of the State Lands Commission and tc Lessee at the address specified in Section 1. Lessee shall give Lessor notice of any change in its name or address. (d) Consent: Where Lessor's consent is required under this Lease its consent for one transaction or event shall not be deemed to be a consent to any subsequent occurrence of the same or any other transaction or event. (e) Changes: This Lease may be terminated and its term, covenants and conditions amended, revised or supplemented by mutual agree- ment of the parties. (f) Successors: The terms, covenants and conditions, of this Lease Shan extend to and be binding upon and inure to the benefit of the heirs. successors, and assigns of the respective parties and if more than one Lessee is a party to this Lease, the obligations of the Lessees shall be joint and several. (9) Captions: The captions of this Lease are not controlling and shall have no effect upon its construction or interpretation. (h) Severability: If any term, covenant or condition of this Lease is judicialr, determined to be invalid, it shall be considered deleted and she' not invalidate any of the remaining terms, covenants and conditions. This lease will become binding upon the State only when duly executed on behalf of the State Lands Commission of the State of California; IN WITNESS WHEREOF, the parties hereto have executed this lease as of the date hereafter affixed. LESSEE : CITY OF REDWOOD CITY STATE OF CALIFORNIA STATE LANDS COMMISSION BY : By: Title Date The issuance of this lease was authorized by the Star ACKNOWLEDGEMENT Lands Commision on (Month pay Year) Page 6 of 7 Form 51.15 i7 F=