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Reso 1998-026 to 030
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Reso 1998-026 to 030
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
12/31/1998
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limited interference. Following Tenant's completion of the Improvements, Landlord shall be <br />responsible for the maintenance and repair of North Dike Road unless necessitated by the <br />acts or omissions of Tenant or its employees, contractors, representatives or invitees, in <br />which event Tenant shall be responsible therefor. <br />Section 5.3 Competition by Tenant <br />During the Term neither Tenant nor any Affiliate of Tenant will, without Landlord's <br />prior written consent, which may be given or withheld in Landlord's sole and absolute <br />discretion, directly or indirectly, own a controlling interest in, lease, operate or control the <br />operation of, or permit any franchisee or licensee of Tenant or any Affiliate of Tenant to, <br />directly or indirectly, own a controlling interest in, lease, operate or control the operation of, <br />any conference center, hotel, resort, restaurant or other business operation or facility offering <br />services or facilities similar to any of those offered at the Facility and located, in whole or in <br />part, within Alameda County. In the event of any violation of this Section 5.3, Landlord <br />shall have the right, in addition to other available remedies, to have included in the <br />calculation of Gross Revenues for purposes of determining Percentage Rent due under this <br />Lease the gross revenues (as defined in this Lease) of the business operation or facility <br />causing such violation. As used in this Section, "Affiliate" shall mean any individual, <br />corporation, partner, partnership, trust or other entity that directly or indirectly controls, is <br />directly or indirectly controlled by, or is under common control, whether direct or indirect, <br />with the specified entity. As used in this Section, "control" or "controlling" means the <br />possession, direct or indirect, of the power to direct or cause the direction of the <br />LEASE BETWEEN CITY OF SAN LEANDRO <br />AND SAN FRANCISCO BAY CONFERENCE RESORT PAGE 30 <br />2574001\313983.8 <br />
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