My WebLink
|
Help
|
About
|
Sign Out
Browse
Search
AgdaPkt 2010-03-08
RedwoodCity
>
City Clerk
>
Agenda Packets
>
2010-2019
>
2010
>
AgdaPkt 2010-03-08
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/18/2010 2:43:38 PM
Creation date
3/4/2010 1:12:34 PM
Metadata
Fields
Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
3/8/2010
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
191
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 />6.1E <br />Page 13 <br /> <br />18. LOCKS <br />18.1 If lessee adds or changes locks to its assigned Concession space, lessor shall <br />be given copies of all manufactured keys. lessee shall notify lessor of its intent <br />or action to change locks within forty-eight (48) hours of such intent or action. <br />Lessor shall at all times have the necessary keys that enable access to the <br />Lessee's assigned Concession space. <br /> <br />19. ASSIGNMENT <br />19.1 Lessor's Consent Reauired. lessee may not assign its rights under the Lease, <br />nor any interest therein, and shall not encumber the Premises or any part <br />thereof, nor any right or privilege appurtenant thereto, nor allow or permit any <br />other person(s) to occupy or use the Premises, or any portion thereof, without <br />Lessor's prior written approval, which shall be in the sole discretion of lessor. <br />Consent by Lessor to one assignment, occupation or use by another person shall <br />not be deemed to be consent to any subsequent assignment, occupation or use <br />by another person. <br /> <br />It is agreed that Lessor will not be acting unreasonably in refusing to consent to <br />an assignment or subLease if, in Lessor's opinion, the quality of the <br />merchandising operation of the proposed assignee or sublessee is not equal to <br />or better than that of the lessee, or if the net worth of such assignee or <br />sublessee is less than that of lessee. <br /> <br />No assignment or encumbrance by lessee shall release it from or in any way <br />alter any of Lessee's obligations under this lease. lessee shall not have the <br />Premises delivered to a subsidiary company of lessee, and such arrangement <br />shall in no way alter lessee's responsibilities hereunder with respect to the <br />Premises. Any assignment, encumbrances, occupation or use contrary to the <br />provisions of this Lease shall be void and shall constitute breach of this Lease. <br />Lessor may assign any of its rights hereunder without notice to lessee, or Lessor <br />may terminate this Agreement. Any assignee, sublessee or other recipient of <br />Lessee' interest in this Agreement is hereby notified that such transfer is of no <br />force or effect without lessor's prior written consent. <br /> <br />19.2 Transfer of Ownership. The dissolution, merger, consolidation, or other <br />reorganization of the corporation, association, partnership or limited liability <br />company or the sale or other transfer of fifty one percent (51 Ok) or more of the <br />assets of the business entity shall be deemed an assignment within the meaning <br />and provisions of this Paragraph. If the lessee shall assign fifty one percent <br />(51 %) or more of the ownership, Lessee shall provide written notice sixty (60) <br />days before the assignment. The Lessor shall have the right to renegotiate the <br />Agreement, including the terms, fees, or any and all portions of the Agreement, <br />and Lessor shall have the right to condition approval of the transfer of ownership <br />on Lessee's acceptance of the new terms and conditions. <br /> <br />20. LIENS AND INSOLVENCY <br />20.1 Lessee shall keep the Premise free from any liens arising out of any work <br />performed for, materials furnished to, Of obligations incurred by Lessee and shall <br />indemnify, defend, and hold Lessor harmless from the same. If lessee or <br />Lessee's Guarantor shall be declared insolvent or bankrupt or if any assignment <br />of Lessee's property shall be made for the benefit of the creditors or otherwise, or <br /> <br />ATTY/AGR/2010.012 <br />022610 <br /> <br />Initials <br /> <br />10 <br />
The URL can be used to link to this page
Your browser does not support the video tag.