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Agmt10 Steve Penna and Regina Van Brunt dba Some Stuff on the Square
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Agmt10 Steve Penna and Regina Van Brunt dba Some Stuff on the Square
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Last modified
5/10/2011 12:07:41 PM
Creation date
4/9/2010 10:32:14 AM
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Agreement
Contractor Name
Steve Penna and Regina Van Brunt dba Some Stuff on the Square
PROJECT NAME
Some Stuff on the Square Lease Area 2B
RMP File Number
405
Date
3/24/2010
Amendment
Yes
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<br />. ' <br /> <br />paragraph shall be endorsed to include the Lessor and City, their <br />respective governing bodies, officers, agents, employees and volunteers <br />as an additional insured. Such a provision, shall apply to products and <br />completed operations hazards as well as ongoing operations. Coverage <br />under (a) and (b) above shall also be endorsed to be and not have any <br />right to contribution from other insurance or coverage procured for, or on <br />behalf of, the Lessor. Lessee, upon the execution of this Lease <br />Agreement, shall furnish Lessor with Certificates of Insurance evidencing <br />compliance with all insurance requirements. Copies of the additional <br />insurance endorsements, insurance endorsements, as well as <br />endorsement providing thirty (30) day advance written notice to Lessor of <br />any modification, change or cancellation of any of the above insurance <br />coverage. The coverage required herein shall not limit the liability of <br />Lessee, its officers, agents, or employees. <br /> <br />29.2 Lessee's Failure to Maintain Insurance. Lessee agrees that if Lessee does not <br />maintain any insurance policy required under this Agreement or fails to pay any <br />premiums when due, Lessor may, at its election, either terminate this Agreement, <br />require that the Premises be immediately closed for business pending <br />reinstatement of insurance by Lessee, or obtain the necessary insurance and <br />pay the premium and the repayment thereof shall be deemed to be additional <br />rent due by the Lessee and payable on the next date upon which a payment of <br />rent is due. <br /> <br />30. BUSINESS LICENSE AND SELLER'S PERMIT <br />30.1 Prior to the opening date, Lessee must obtain a valid Redwood City Business <br />License' for the assigned Leased Area at Courthouse Square and a State Board <br />of Equalization seller's permit indicating Lease Area 2B as the point of sale. <br /> <br />31. TERMINA liON <br />31.1 Lessor may terminate this Agreement by giving written notice to Lessee at least <br />thirty (30) days prior to the intended termination date. <br /> <br />31.2 Opportunity to Cure Non-Monetary Breach. Lessor's notice to terminate must <br />state the non-monetary terms that the Lessee has breached, and must provide <br />Lessor with 15 days to cure the breach. If the breach cannot be cured within 15 <br />days, the Lessee shall notify the Lessor of the reasons why the breach cannot be <br />cured within the 15 day period, and shall propose a specific plan and schedule to <br />cure the breach. The cure proposed by the Lessee must be diligently pursued to <br />completion. <br /> <br />31.3 Opportunity to Cure Monetary Breach. If Lessee's breach involves the non- <br />payment of rent or other charges, Lessor's notice to terminate must state the <br />receivables due and must provide Lessee with 5 days to cure the breach. <br /> <br />31.4 If 'Lessee terminates this Agreement prior to the expiration of the current Lease <br />term, Lessee shall be responsible for rent for the remainder of the Lease term. <br /> <br />32. ABANDONMENT AND NOTICE <br />32.1 Lessee shall not vacant or abandon the Leased Premise at any time during the <br />term hereof; and if Lessee shall abandon, vacate or surrender the Leased <br /> <br />ATTY/AGR/2010.012 <br />022610 <br /> <br />~lnitialS <br /> <br />18 <br />
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