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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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9.6.4 Other Activities. Any other activities of Tenant, its agents, <br /> employees, invitees, licensees and contractors. This indemnification obligation is not <br /> limited in any way by any limitation on the amount or type of damages or <br /> compensation payable by or for Tenant or its agents under workers' compensation <br /> acts, disability benefit acts or other employee benefit acts. <br /> 10. DEFAULT, REMEDIES <br /> 10.1 Tenant's Default,. Each of the events described in Sections 10.1.1 <br /> through 10.1.4 shall be a default by Tenant and a breach of this Lease. <br /> 10.1.1 Failure to Perform Covenants. Abandonment or surrender of <br /> the Premises or of the leasehold estate or failure to perform as required or <br /> conditioned by any other covenant or condition of this Lease, including, but not <br /> limited to the requirement to construct the reader board sign within two (2) years as <br /> provided in Section 4. <br /> 10.1.2 Attachment or Other Levy. The subjection of any right or <br /> interest of Tenant to attachment, execution or other levy, or to seizure under legal <br /> process, if not released within fifteen (15) days, unless Tenant is contesting such <br /> attachment, execution or other levy in a manner acceptable to Landlord in its <br /> reasonable discretion. <br /> 10.1.3 Appointment of Receiver. The appointment of a receiver to take <br /> possession of the Premises or of Tenant's interest in the leasehold estate or of <br /> Tenant's operations on the Premises for any reason, including but not limited to, <br /> assignment for benefit of creditors or voluntary or involuntary bankruptcy <br /> proceedings. <br /> 10.1.4 Insolvency and Bankruptcy. An assignment by Tenant for the <br /> benefit of creditors or the filing of a voluntary or involuntary petition by or against <br /> Tenant under any law for the purpose of adjudicating Tenant a bankrupt; or for <br /> extending time for payment, adjustment or satisfaction of Tenant's liabilities; or for <br /> reorganization, dissolution or arrangement on account of or to prevent bankruptcy or <br /> insolvency; unless the assignment or proceeding, and all consequent orders, <br /> adjudications, custodies and supervisions are dismissed, vacated or otherwise <br /> permanently stayed or terminated within thirty (30) days after the assignment, filing, <br /> or other initial event. <br /> • <br /> Automall Read Board Sign - Ground Lease <br /> Final 5/07/97 Page 16 of 22 <br />
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