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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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Governmental Requirement, or to give Landlord security as hereinabove provided, Landlord <br />may, but shall not be required to, contest the validity or amount of any such Imposition, <br />Mechanics' Lien, or Governmental Requirement or settle or compromise the same upon five <br />(5) days prior written notice to Tenant without inquiring into the validity of the claim or the <br />reasonableness of the amount thereof. <br />ARTICLE XXI <br />ARBITRATION OF DISPUTES <br />Section 21.1 Request for Arbitration <br />If a Notice of Default has been delivered by a Complaining Party, or if a dispute has <br />arisen which, pursuant to the terms of this Lease, may be submitted to arbitration, no Event <br />of Default shall be deemed to have occurred under this Lease unless and until there has been <br />a determination of Default by the arbitrators in the manner provided in Section 21.2 below, <br />provided that the Defending Party, within the period set forth in Section 18.3, delivers notice <br />of dispute of such default to the Complaining Party and requests arbitration ("Notice of <br />Dispute and Request For Arbitration"). In connection with any such alleged default, the sole <br />duty of the arbitrators shall be to determine whether an Event of Default has occurred and <br />the nature thereof. The decision of the arbitrators shall be final and binding upon the parties <br />in any later action or proceeding concerning the existence of an Event of Default that was <br />arbitrated. If arbitration is not instituted prior to the expiration of the notice period or such <br />other period as expressly stated herein, any dispute relating to the existence of such alleged <br />default may not later be submitted to arbitration, but shall be a judicially determined. All <br />LEASE BETWEEN CITY OF SAN LEANDRO <br />AND SAN FRANCISCO BAY CONFERENCE RESORT PAGE 69 <br />2574001\313983.8 <br />
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