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O-2008-2970-A amend lease agreement/Economic Alliance Houston Port Region for 908 Main Street Building (original in 2007)
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O-2008-2970-A amend lease agreement/Economic Alliance Houston Port Region for 908 Main Street Building (original in 2007)
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Last modified
11/2/2016 3:39:25 PM
Creation date
2/27/2008 9:32:16 AM
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Legislative Records
Legislative Type
Ordinance
Date
2/11/2008
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<br />27. Performance. <br /> <br />If there is a default with respect to any of Landlord's covenants, warranties or representations under this <br />Lease, and if the default continues more than fifteen (15) days after notice in writing from Tenant to <br />Landlord specifying the default, Tenant may, at his option and without affecting any other remedy <br />hereunder, cure such default and deduct the cost thereof from the next accruing installment or <br />installments of rent payable hereunder until Tenant shall have been fully reimbursed for such <br />expenditures at a rate equal to twelve percent (12%) per annum. If this Lease terminate prior to Tenant's <br />receiving full reimbursement, Landlord shall pay the unreimbursed balance plus accrued interest to tenant <br />on demand. <br /> <br />28. Final Aareement. <br /> <br />This Agreement terminates and supersedes all prior understandings or agreements on the subject matter <br />hereo is Agreement may be modified only by a further writing that is duly executed by both parties. <br /> <br /> <br />o ,the parties have executed this Lease as of the day and year first above written <br /> <br />ex"') <br /> <br />I.' ,. <br /> <br />/' t [z.rJ2/lJ <br /> <br />7 <br />
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