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RDA Agmt 1997 Batarse Family Trust etc
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RDA Agmt 1997 Batarse Family Trust etc
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9/27/2012 4:26:43 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
5/7/1997
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RDA Agmt 1996 Batarse Family Trust etc
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\City Clerk\City Council\Agreements\1996
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• <br /> 8.2 Assinment. Tenant shall not assign or transfer, whether voluntarily, <br /> involuntarily, or by operation of law, its interest in this Lease or any part of the <br /> Premises except upon prior written approval of Landlord. <br /> 8.3 Subleases. Tenant shall not sublet any portion of the Premises without <br /> the prior written approval of Landlord, except that Tenant shall be entitled to rent <br /> space on the reader board sign to other automobile dealerships without Landlord's <br /> prior written consent. • <br /> 9. INSURANCE; INDEMNIFICATION <br /> 9.1 Du v to Maintain Insurance. Tenant shall obtain insurance acceptable to <br /> Landlord from a company or companies acceptable to Landlord as set forth in <br /> Exhibit C. The required documentation of insurance shall be furnished to Landlord <br /> after execution of this Lease and prior to Tenant's entry. In addition, Tenant shall <br /> not commence any construction or grading work or other physical work preparatory • <br /> to construction upon the Premises nor shall it allow its employees or subcontractors <br /> or anyone to commence work until all insurance required by Section 5.1.4 has been <br /> obtained, submitted and approved. <br /> 9.2 Policy Obligations. Tenant's indemnity and other obligations shall not be <br /> limited by the foregoing insurance requirements. <br /> 9.3 Increases in Minimum Policy Limits. For insurance with no statutory <br /> limit, and for which no other provision for inflation or cost -of- living increases is <br /> provided in this Lease, policy limits may be periodically increase as follows: At three <br /> (3) year intervals commencing in year four of the leasehold, Landlord may, upon • <br /> thirty (30) days' notice to Tenant, require Tenant to increase policy limits by <br /> amounts which are standard for Redevelopment Agency of the City of San Leandro <br /> contracts. Landlord's waiver of any increase under this subparagraph shall not limit <br /> the amount of any future increase. <br /> 9.4 Certificates of Insurance. Tenant shall furnish Landlord with copies of all <br /> such policies promptly on receipt of them with certificates and endorsements <br /> evidencing the insurance. Before entering upon the Premises, Tenant shall furnish <br /> Landlord with binders representing all insurance required by this Lease. <br /> 9.5 Failure to Maintain Insurance. Proof of Compliance. Tenant shall deliver <br /> to Landlord, in the manner required for notices, copies or certificates of all insurance <br /> Automall Read Board Sign - Ground Lease <br /> Final 5/07/97 Page 14 of 22 <br /> • <br />
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