Laserfiche WebLink
to Landlord with a Qualified Operator to manage the Facility, it being acknowledged herein <br />that continued management of the Facility by a Qualified Operator is an affirmative <br />obligation of Tenant hereunder; and <br />(c) have a good reputation and standing in the business community. <br />A "Qualified Operator" is an experienced and recognized operator of hotel and <br />conference facilities of the type, size and quality of the Facility, with the financial ability to <br />perform its obligations under this Lease, that would not, in operating the Facility, be in <br />breach of the provisions of Section 5.3, and that enjoys a reputation for integrity. Landlord <br />acknowledges that Network Conference Company, Inc., as owned and operated as of the date <br />of this Lease, is a Qualified Operator. <br />Landlord shall grant or deny its approval of, or request additional information and/or <br />documentation with respect to, any proposed transfer, hypothecation, assignment or sublease <br />within thirty (30) days following Landlord's receipt of notification from Tenant regarding the <br />proposed transfer. Following a request from Landlord for additional information and/or <br />documentation as provided herein, Landlord shall have thirty (30) days from Landlord's <br />receipt of such additional information and/or documentation in which to grant or deny its <br />approval of, or Landlord shall have twenty (20) days from Landlord's receipt of such <br />additional information and/or documentation in which to request further information and/or <br />documentation reasonably required by Landlord with respect to the proposed transfer and/or <br />transferee. If Landlord shall not request additional information and/or documentation within <br />such twenty (20) day period and Landlord shall not notify Tenant within such thirty (30) day <br />LEASE BETWEEN CITY OF SAN LEANDRO <br />AND SAN FRANCISCO BAY CONFERENCE RESORT PAGE 78 <br />2574001\313983.8 <br />