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RDA Agmt 2001 Lavery California Dealership Properties No. 1 LLC
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RDA Agmt 2001 Lavery California Dealership Properties No. 1 LLC
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Last modified
6/5/2019 10:25:40 AM
Creation date
7/19/2010 9:17:13 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
10/1/2001
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PERM
Document Relationships
Inst 2004519949
(Reference)
Path:
\City Clerk\City Council\Recorded Documents\2004
RDA Agmt 2001 Lavery California Dealership Properties No. 1 LLC (2)
(Reference)
Path:
\City Clerk\City Council\Agreements\2001
RDA Reso 2001-011
(Approved by)
Path:
\City Clerk\City Council\Resolutions\2001
Reso 2001-157
(Approved by)
Path:
\City Clerk\City Council\Resolutions\2001
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10.2 Notice and Rieht to Cure. As a precondition to pursuing any remedy for <br />an alleged default by Tenant, Landlord shall, before pursuing any remedy, give notice <br />of default to Tenant stating that the notice was for the purpose of notice under this <br />provision. Each notice of default shall specify in detail the alleged event of default <br />and the intended remedy. <br />10.3 Tenant's Right to Cure Default: Notice of Default. If the default is for <br />non-payment of taxes or other sums to be paid by Tenant hereunder, Tenant shall <br />have ten (10) days after written notice is given Tenant to cure the default. For the <br />cure of any other default, Tenant shall have thirty (30) days after written notice of <br />default is given as provided herein to commence curing the default and ninety (90) <br />days to complete curing of such default, and such time may be extended by option of <br />Landlord. <br />10.4 Landlord's Remedies. If any default by Tenant shall continue uncured <br />following notice of default as required by this Lease, for the period applicable to the <br />default under the applicable provisions of this Lease, Landlord shall have the <br />remedies set forth in Sections 10.4.1 through 10.4.3 in addition to all other rights <br />and remedies provided by law or equity to which Landlord may resort cumulatively <br />or in the alternative. <br />10.4.1 Termination. Landlord may, at Landlord's'election, terminate <br />this Lease by giving Tenant notice of termination. On the giving of the notice, all <br />Tenant's rights in the Premises and in all improvements shall terminate. Promptly <br />after notice of termination, Tenant shall surrender and vacate the Premises and <br />Landlord may re-enter and take possession of the Premises and all remaining <br />improvements and eject all parties in possession or eject some and not others or eject <br />none. Termination under this -Section 10.4.1 shall not relieve Tenant from the <br />payment of any sum then due to Landlord or from any claim for damages previously <br />accrued or then accruing against Tenant. <br />10.4.2 Re-entry Without Termination. Landlord may, at Landlord's <br />election, re-enter the Premises and, without terminating this Lease, at any time and <br />from time to time relet the Premises and improvements or any part or parts of them <br />for the account and in the name of Tenant or otherwise. Landlord may, at Landlord's <br />election eject all persons or eject some and not others or eject none. <br />10.4.3 Tenant's Personal Property. Landlord may, at Landlord's <br />election, use Tenant's personal property and trade fixtures or any of such property <br />Automall Read Board Sign - Ground Lease <br />Final 5/07/97 Page 17 of 22 <br />
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