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Office Lease Agreement - Shein Realty LLC
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Office Lease Agreement - Shein Realty LLC
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3/31/2025 8:27:11 AM
Creation date
6/9/2017 9:30:08 AM
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Board of Public Works
Document Type
Contracts
Document Date
6/8/2017
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option, terminate this Lease by giving written notice of its election to do so or may, as its <br />option, lease the Premises, or any part thereof, as the agent of the Tenant, or otherwise. The - <br />Tenant shall, without demand or farther process of law, pay to the Landlord at the end of <br />each month during the fall term of this Lease the difference between the rent due the <br />Landlord from the Tenant under this Lease, including any increases in rent due under this <br />Lease, and the net receipts, if any, being received by the Landlord from the Premises (such <br />net receipts to be calculated by deducting from the gross receipts the expense incurred by <br />the Landlord in connection with the re -letting of the Premises and performing the Tenant's <br />obligations hereunder). In the event the rent for re -letting the Premises is higher than the <br />monthly rent under the term of this Lease, then such excess rent shall belong to the <br />Landlord and the Tenant will have no claim or right thereto. <br />C. The Tenant shall pay upon demand all the Landlord's costs, charges, and <br />expenses, including reasonable fees of attorneys, agents, and others retained by the Landlord <br />incurred in enforcing the Tenant's obligations hereunder or incurred by the Landlord in any <br />litigation, negotiation, or transaction in which the Tenant causes the Landlord to become <br />involved or concerned, without the Landlord's fault. <br />19. DEFAULT BY Lt1NDLORD: If the Premises, or any part thereof, are at any time <br />subject to a mortgage, a deed of trust, or a similar lien instrument, and this Lease or the <br />rentals are assigned to such mortgagee, trustee, or beneficiary, and the Tenant is given <br />written notice thereof, including the post office address of such assignee, then the Tenant <br />may not terminate thus Lease for any default on the part of the Landlord without first giving <br />written notice by certified or registered mail, return receipt requested, to such assignee, to <br />the attention of the mortgage loan department, specifying the default in reasonable detail, <br />and affording such assignee a reasonable opportunity to make performance at its election for <br />an on behalf of the Landlord. <br />
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