My WebLink
|
Help
|
About
|
Sign Out
Browse
Search
O-2007-2970-A amendment to lease
LaPorte
>
Legislative Records
>
Ordinances - GR1000-05 Ordinances & Resolutions
>
2000's
>
2007
>
O-2007-2970-A amendment to lease
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
11/2/2016 3:39:21 PM
Creation date
2/27/2008 9:42:43 AM
Metadata
Fields
Template:
Legislative Records
Legislative Type
Ordinance
Date
2/11/2008
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
14
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).
View images
View plain text
<br />C. In addition to the monthly rental fees established in Section 2 A., above, the Tenant shall <br />provide additional services as outlined on Exhibits A and B, attached to this Lease Agreement <br />and incorporated for all purposes, as deliverables to the Landlord to off-set the additional square <br />footage provided to the Tenant for their use in excess of the regular office space initially <br />requested by the Tenant; provided however, that the value of the credit to the Tenant by the <br />Landlord for the off-set (deliverables) for the additional space provided shall not exceed $8,333 <br />annually. The additional space provided can be utilized as the Tenant determines is appropriate <br />for their operations as long as such usage is in accordance with Section 6.of this agreement. <br /> <br />D. Notwithstanding Section C. above the Landlord acknowledges that the value of the on-going <br />deliverables as specified in Exhibits A and B to this Lease Agreement will likely exceed the costs <br />necessary to off-set the additional office space provided to Tenant, and recognizes that additional <br />yearly credits will need to be given to the Tenant by the Landlord as either credits for additional <br />services provided or for improvements to the leasehold by Tenant, in accordance with Section 6. <br />of the Lease Agreement. <br /> <br />3. Use. <br /> <br />Notwithstanding the foregoing, Tenant shall not use the Leased Premises for the purposes of storing, <br />manufacturing or selling any explosives, flammables or other inherently dangerous substance, chemical, <br />thing or device. <br /> <br />4. Sublease and Assianment <br /> <br />Tenant shall have the right, without Landlord's consent, to assign this Lease to a corporation with which <br />Tenant may merge or consolidate, to any subsidiary of Tenant, or to a purchaser of substantially all of <br />Tenant's assets. Except as set forth above, Tenant shall not sublease all or any part of the Leased <br />Premises, or assign this Lease in whole or in part without Landlord's consent, such consent not to be <br />unreasonably withheld or delayed. <br /> <br />5. Repairs. <br /> <br />During the Lease term, Landlord shall make, at Landlord's expense, all necessary repairs to the Leased <br />Premises, including premises damaged or worn through normal property occupancy. Tenant shall notify <br />Landlord of needed repairs in a timely manner and consent shall be obtained from the Tenant prior to the <br />repair to better ensure minimal work disruption. Repairs shall include such items as routine repairs of <br />plumbing, concrete, landscaping, lighting, and other parts of the Leased Premises damaged or worn <br />through normal property occupancy subject to the obligations of the parties otherwise set forth in this <br />Lease. <br /> <br />6. Alterations and Improvements. <br /> <br />Tenant, at Tenant's expense, shall have the right following Landlord's consent to remodel, redecorate, <br />and make additions, improvements and replacements of and to all or any part of the Leased Premises <br />from time to time as Tenant may deem desirable, provided the same are made in a workmanlike manner <br />and utilizing good quality materials. Tenant shall have the right to remove the same at any time during <br />the term of this Lease provided that all damage to the Leased Premises caused by such removal shall be <br />repaired by Tenant at Tenant's expense and agreed by both parties. Subject to the aforementioned <br />requirements in this section, rental fees shall remain as outlined in Section 2 above, if any Alteration <br />and/or Improvement of any part thereof or any appurtenance of the Leased Premises results in providing <br />more occupancy space for the Tenant. Monetary credits for leasehold improvements will be provided to <br />the Tenant by Landlord in an amount equal to the cost of ir,lprovements. The monetary credits will be <br />given by the Landlord through the continued payment of utilities as specified in Exhibits A and B to this <br />Lease Agreement. The value of the monetary credits to be given to each of the parties will be in <br />accordance with Exhibit C to this Lease Agreement. Any enhancements to bring the property in <br /> <br />2 <br />
The URL can be used to link to this page
Your browser does not support the video tag.