My WebLink
|
Help
|
About
|
Sign Out
Home
8L Consent 2014 0616
CityHall
>
City Clerk
>
City Council
>
Agenda Packets
>
2014
>
Packet 2014 0616
>
8L Consent 2014 0616
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
6/30/2014 10:03:40 AM
Creation date
6/11/2014 10:53:34 AM
Metadata
Fields
Template:
CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
6/16/2014
Retention
PERM
Document Relationships
_CC Agenda 2014 0616 CS+RG
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2014\Packet 2014 0616
Reso 2014-063
(Reference)
Path:
\City Clerk\City Council\Resolutions\2014
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
28
PDF
Download electronic document
View images
View plain text
9 <br />A.If the Premises are totally destroyed by fire or other casualty, <br />then this Lease shall terminate. If the Premises are damaged or destroyed atany <br />time during the Term by a casualty that is not ordinarily insurable, to an extent in <br />excess of thirty percent (30%) of the replacement cost of the Building, then either <br />party may terminate this Lease by giving written notice to the other within forty-five <br />(45) days following the date such damage or destruction occurs. If the damage to <br />the Premises cannot be repaired within one hundred twenty (120) days after the <br />date of such damage or destruction, either party may terminate this Lease by giving <br />written notice to the other party within forty-five (45) days following the date such <br />damage or destruction occurs. In such event, this Lease will be deemed terminated <br />as of the date such damage occurred and all Rent payments will be prorated as of <br />such date. <br />B.If neither party exercises a right pursuant to this Section to <br />terminate this Lease in the event of damage or destruction, Landlord will promptly <br />commence and diligently prosecute to completion such repairs as are necessary to <br />restore the Premises to substantially the same condition as they were in immediately <br />prior to such damage or destruction. All Rent will be equitably reduced, based on <br />the extent to which the damage or destruction interferes with Tenant’s use of the <br />Premises, between the date of the damage or destruction and the date of complete <br />restoration. In the event that such repairs and restoration are not substantially <br />completed within six (6) months from the date such damage occurred, then Tenant, <br />at its option, may terminate this Lease by giving written notice to Landlord at any <br />time prior to Landlord’s completion of such repairs and restoration, which termination <br />shallbe effective thirty (30) days following the date of such notice. <br />C.If either party elects to terminate this Lease pursuant to this <br />Section, Tenant will deliver the Premises to Landlord in itsdamaged condition and <br />neither party will have any obligation to repair or rebuild. In such eventany <br />insurance proceeds will belong to Landlord except any portion covering loss of or <br />damage toTenant’s personal property. <br />D.Landlord and Tenant intend that the provisions of this Section <br />govern fully in the event of any damage or destruction of the Premises, and <br />accordingly, Landlord and Tenant each hereby waive the provisions of any statute, <br />including California Civil Code Sections 1932(2)and 1933(4), with respect to any <br />rights or obligations concerning damage or destruction in absence of any express <br />agreement among the parties. <br />12.PROHIBITED USES;COMPLIANCE WITH LAW: Tenant shall not do, <br />and shall use Tenant’s best efforts to prevent any thing being done, in or about the <br />Premises or bring or keep anything therein, which will in any way conflict with any <br />valid law which may now or hereafter be enacted, or create a nuisance, or commit or <br />suffer tobe committed any waste upon the Premises, or use or allow the Premises <br />to be used for any unlawful purpose, or place any loads upon the floorthatendanger
The URL can be used to link to this page
Your browser does not support the video tag.
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).