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California Conservatory Theatre Wage 7 of 12 <br />2003-2008 Lease <br />rights of entry and re-entry upon the Premises. Lessee shall not be considered in default as to any <br />provisions. of this lease when such default is the result of, or pursuant to, any process, order, or <br />decree of any court or regulatory body. <br />21. OPTION TO TERMIl~TATE. <br />The City and Lessee both. shall have the option to terminate this lease without cause <br />upon notice given as hereinafter in Paragraph 30 set forth. Said notice of exercise of said option to <br />terminate shall be given on or before one hundred twenty (120) days prior to the effective date <br />thereof. <br />22. RIGHT OF ENTRY AS AGENT. <br />In any case in which provision is made herein for the termination of this lease by the <br />City, or in the case of abandonment or vacating of the Premises by Lessee, the City, in lieu of <br />declaring a forfeiture, may enter the Premises. To such end, Lessee hereby irrevocably appoints the <br />City its agent to remove any and all persons or property on the Premises and place any such <br />property in storage for the account of and at expense of Lessee. In such case, the City may re-let the <br />Premises upon such terms as it may deem proper. Lessee further agrees to save the City harmless <br />from any loss or damage or claim arising out of the action of the City in pursuance of this <br />paragraph. <br />23. SURRENDER OF PREMISES. <br />The Lessee covenants and agrees that at the expiration of this lease, or upon its <br />earlier termination, Lessee will quit and surrender the Premises with all the improvements thereon <br />in as good of state and condition as the same were when construction of such improvements were <br />completed by Lessee, reasonable wear and tear excepted, and Lessee agrees, unless otherwise <br />permitted in writing by the City, to remove all personal property belonging to Lessee. Upon such <br />termination, the City shall have the right to enter upon and take possession of the Premises. <br />Provided always, however, that nothing in this paragraph contained shall obligate Lessee to make <br />any repairs that by any other provision of this lease it shall be relieved or exempt from making. <br />24. INSPECTION OF PREMISES. <br />The City or its duly authorized representatives, or agents and other persons for it, <br />may enter upon the Premises at any and all reasonable times during the term of this lease for the <br />purpose of determining whether or not Lessee is complying with the terms and conditions hereof or <br />for any other purpose incidental to the rights of the City. <br />25. HOLDING OVER. <br />Should Lessee hold over the Premises after this lease has terminated in any manner, <br />such holding over shall be deemed merely a tenancy from month to month and at a rental of one <br />dollar ($1.00) per month, payable monthly in advance, but otherwise on the same terms and <br />conditions as herein provided. <br />