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Agmt09 Hidden Dragon Tea House-HD Food Service Inc. - Lease Agreement
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Agmt09 Hidden Dragon Tea House-HD Food Service Inc. - Lease Agreement
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Last modified
9/7/2010 1:40:54 PM
Creation date
7/1/2009 11:54:27 AM
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Template:
Agreement
Contractor Name
Hidden Dragon Tea House
PROJECT NAME
Lease Agreement 2202 Broadway
RMP File Number
405
Date
6/26/2009
MO Ref
RDA MO 10-08
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<br />(d) Except as otherwise provided in this Agreement, the failure of Lessee to <br />do or cause to be done any act as set forth in this Agreement, if the <br />failure continues for fifteen days (15) consecutive days after notice has <br />been given to Lessee. However, Lessee shall not be in default of this <br />Agreement if Lessee commences to cure the default within said fifteen <br />(15) day period and diligently and in good faith continues to cure the <br />default to the satisfaction of the Lessor; <br /> <br />(e) Lessee causing, permitting or suffering, without the prior written consent <br />of Lessor, any act when this Agreement requires Lessor's prior written <br />consent or prohibits such act; or <br /> <br />(f) Any act of bankruptcy caused, suffered or permitted by Lessee. For the <br />purposes of this Agreement, "act of bankruptcy" shall include any of the <br />following: <br /> <br />1. Any general assignment or general arrangement for the benefit of <br />creditors; <br /> <br />2. The filing of any petition by or against Lessee to have Lessee <br />adjudged a bankrupt or a petition for reorganization or <br />arrangement under any law relating to bankruptcy, unless such <br />petition is filed against Lessee and the same is dismissed within <br />sixty (60) days; <br /> <br />3. The appointment of a trustee or receiver to take possession of <br />substantially all of Lessee's assets located in the Premises or of <br />Lessee's interest in this Agreement; or <br /> <br />4. The attachment, execution or other judicial seizure of substantially <br />all of Lessee's assets located at the Premises or of Lessee's <br />interest in this Agreement. <br /> <br />(g) Lessee acknowledges that Lessor has executed this Agreement in <br />reliance on the financial information furnished by Lessee to Lessor as to <br />Lessee's financial condition. If it is determined at any time subsequent to <br />the date of this Agreement that any of the financial information furnished <br />by Lessee and relied upon by Lessor in executing this Agreement is <br />substantially untrue or inaccurate, Lessee shall be deemed to be in <br />default under this Agreement, which default shall not be subject to cure, <br />and which shall entitle Lessor to exercise all remedies reserved to Lessor <br />under this Agreement or otherwise available to Lessor at law. <br /> <br />(h) Failure to abide by any local, state, or Federal governmental laws or <br />regulations. <br /> <br />33. REMEDIES <br />33.1 In the event of any breach by Lessee, in addition to other rights or remedies of <br />Lessor at law or in equity, Lessor shall have the following remedies: <br /> <br />ATTY/AGR/2009.024 <br />061609 <br /> <br />~~iaIS <br /> <br />Page 21 <br />
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