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Agmt 2011 White Cap Construction Supply
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Agmt 2011 White Cap Construction Supply
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7/20/2012 5:23:02 PM
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9/20/2011 9:01:11 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
9/14/2011
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Reso 2011-153
(Approved by)
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\City Clerk\City Council\Resolutions\2011
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a <br />"controlling percentage" means the ownership of, and the right to <br />vote, stock possessing at least 50% of the total combined voting <br />power of al classes of Tenant's capital stock issued, <br />outstanding, and entitled to vote for the election of directors. <br />This paragraph shall not apply to corporations the stock of which <br />is traded through an exchange or over the counter. <br />14.5 Processing Fees for Assignments, Transfers, Subleases and <br />.Licenses <br />(a) A fee of Five Hundred Dollars ($500) shall, be paid <br />to Landlord for processing each consent t.o <br />assignment, transfer, sublease or license <br />submitted to Landlord as required by this Lease. <br />This processing fee shall be deemed earned by <br />Landlord when paid and shall not be .refundable. <br />(b) If a processing fee has been paid by Tenant for <br />another phase of same transaction, a second fee <br />will not be charged. <br />(c) The amounts specified above for processing fees <br />shall be automaticaly adjust <br />frist year of this Lease and <br />in accordance with an annual <br />by Landlord. Landlord shall <br />schedule available to Tenant <br />request therefor. <br />ad at the end of the <br />every year thereafter <br />fee schedule adopted <br />make said fee <br />upon receiving a <br />14.6 Encumbrances <br />Tenant shal not e n cu mber the le ased premises in any <br />manner whatsoever. <br />-23- <br />
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