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09-22-08 Special Called Regular Meeting of the La Porte Development Corporation Board of Directors
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09-22-08 Special Called Regular Meeting of the La Porte Development Corporation Board of Directors
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La Porte TX
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Agendas
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9/22/2008
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<br />Section 27.3 The liability of Landlord to Tenant for any default by Landlord under the terms of this Lease <br />shall be limited solely to the proceeds of the sale on execution of the interest of Landlord in the Premises <br />existing at the time any such liability is adjudicated; and Landlord shall not be personally liable for any <br />deficiency or otherwise. Under no circumstances whatsoever shall Landlord ever be liable for consequential <br />or special damages. This clause shall not be deemed to limit or deny any remedies which Tenant may have <br />in the event of default by Landlord hereunder; which do not involve the personal liability of Landlord. <br />Section 27.4 All remedies herein given to Landlord, including those not set forth but provided by law, shall <br />be cumulative, and the exercise of one or more of such remedies by Landlord hereunder shall not exclude <br />the exercise of any other consistent remedy. Any waiver by Landlord, express or implied, of any breach of any <br />term, covenant or condition hereof, shall not be deemed a waiver of such term, condition or covenant for any <br />subsequent breach or of any other term, covenant or condition hereof, and consent or approval shall not be <br />deemed to waive or render unnecessary consent to approval of any sub-sequential or similar act. Acceptance <br />of Rent by Landlord from Tenant or any assignee, subtenant, or other successor in interest of Tenant, or the <br />payment or tender of any Rent to Landlord, with or without notice, shall never be construed as a waiver of any <br />breach of any term, condition or covenant of this Lease. The failure of Landlord to declare any Event of Default <br />upon the occurrence thereof or any delay by Landlord in taking action with respect thereto shall not waive such <br />default, but Landlord shall have the right to declare such default at any time and to take such action as may <br />be authorized hereunder to the extent herein provided. . <br />Section 27.5 Whenever a period of time is herein prescribed for action to be taken byLandlord, Landlord <br />shall not be liable or responsible for, and there shall be excluded from the computation of any such period of <br />time, any delays due to strikes, riots, acts of God, shortages of labor or materials, war, government laws, <br />regulations or restrictions or any other causes of any kind whatsoever which are beyond the reasonable <br />control of Landlord. <br />Section 27.6 Tenant agrees that it will from time to time upon request by Landlord execute and deliver to <br />Landlord within ten (10) days an Estoppel Letter or a statement in recordable form certifying that this Lease <br />is unmodified and in full force and effect (or if there have been modifications that the same is in full force and <br />effect as so modified), that Landlord is not in default hereunder (or it Tenant claims Landlord is in default <br />hereunder, specifying the claimed default with particularity) and including such other information as Landlord <br />may designate. <br />Section 27.7 The laws of the State of Texas shall govern the interpretation, validity, performance and <br />enforcement of this Lease. If any provision of this Lease should be held to be invalid or unenforceable, the <br />validity and enforceability of the remaining provisions of this Lease shall not be affected thereby. Venue for <br />any action under this Lease shall be in the County in which said Prem ises are located. <br />Section 27.8 The captions used herein are for convenience only and do not limit or am plify the provisions <br />hereof. <br />Section 27.9 The terms, provisions and covenants contained in this Lease shall apply to, inure to the <br />benefit of and be binding upon the parties hereto and their respective heirs, successors in interest and legal <br />representatives, subject to provisions contained in this Lease limiting assignment. <br />Section 27.10 This Lease contains the entire agreement between the parties, and no agreement shall be <br />effective to change, modify or terminate this Lease, in whole or in part, unless such is in writing and duly <br />signed by the party against whom enforcement is sought. <br />Section 27.11 Tenant warrants that it has had no dealings with any broker or agent in connection with the <br />negotiation or execution of this Lease, and Tenant agrees to indemnity Landlord and hold Landlord harmless <br />from and against any and all costs, expenses or liability for commissions or other compensations or charges <br />claimed by any broker or agent with respect to this Lease. <br /> <br />(The remainder of this page left intentionally blank) <br /> <br />Page -13- <br /> <br />/)f <br />
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