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AgdaPkt 2010-03-08
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AgdaPkt 2010-03-08
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Last modified
3/18/2010 2:43:38 PM
Creation date
3/4/2010 1:12:34 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
3/8/2010
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<br />6.30 <br />Page 27 <br /> <br />ATTACHMENT 2 <br /> <br />subletting of this Lease or amendments or modifications to this Lease with assignees of <br /> <br />Lessee, without notifying Lessee, or any successor of Lessee, and without obtaining <br /> <br />Lessee's consent thereto, and such action shall not relieve Lessee of liability under this <br /> <br />Lease. <br /> <br />11.03 Lessor waives any lien rights it may have concerning the Lessee's <br /> <br />Facilities which are deemed Lessee's personal property and not fixtures, and Lessee has <br /> <br />the right to remove the same at any time without Lessor's consent. In addition, Lessor <br /> <br />acknowledges that Lessee may finance the Lessee's Facilities (the "Collateral") with <br /> <br />!vi or beOi.Jt \ 'T fJ €:....- <br /> <br />. In connection therewith~ Lessor (i) consents to the <br /> <br />installation of the Collateral; (ii) disclaims any interest in the Collateral, as fixtures or <br /> <br />otherwise; and (iii) agrees that the Collateral shall be exempt from execution, foreclosure, <br /> <br />sale, levy, attachment, or distress for any rent due or to become due and that such <br /> <br />Collateral may be removed at any time without recourse to legal proceedings. <br /> <br />11.04 Lessor consents to the assignment by Lessee of this Lease to <br /> <br />f\.1 (j[nR..nLA Jl\lt. as security for the payment of all indebtedness and performance of <br /> <br />, <br /> <br />obligations under the promissory notes and Financing and Security Agreement <br /> <br />evidencing the financing referred to in paragraph 11.03 above; provided that such <br />assignment shall not constitute assumption by ~Wfjfa.A,~of any obligations under <br />this Lease unless and until Mblbe.oLA ::;::.n.(:,.elects to assume Lessee's rights and <br />I <br /> <br />obligations herein in the event Lessee defaults under such promissory notes, Financing <br /> <br />Agreement or any agreement with J'A(JTI)~I'1I\J~elated thereto. In such event, <br /> <br />It\bTo ~ (::v NC:.... may, but shall have no obligation to take in its name or in the <br /> <br /> <br />name of Lessee or otherwise, such actions as MOTvtd.....A ,:1 ,vt...- may, at any time or <br /> <br />LeascAgrcement-CommunicalionsSite - 02102/06 <br /> <br />SITE #599 A <br /> <br />19 <br />
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