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18-35 Resolution Approving Continuance of Human Commission Rights Lease
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18-35 Resolution Approving Continuance of Human Commission Rights Lease
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7/23/2018 2:12:44 PM
Creation date
7/18/2018 11:56:09 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
7/23/2018
Bill Number
18-35
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However, if the transfer/assignment event occurs within less than 30 days of the next rental <br /> due date,then notice to Tenant shall be given within 72 hours of Landlord's knowledge of the <br /> transfer or assignment <br /> 10. UNTLNANTABILITY. <br /> If the Premises or the Building is made untenantable by fire or other cause, the Landlord <br /> may elect(a)to terminate this Lease as of the date of such casualty by notice to the Tenant <br /> within thirty (30) days after that date, or (b) to repair all damages to the Premises or the <br /> Building so that the same shall be restored to such condition as existed immediately prior to <br /> such damage. If the Landlord elects to terminate this Lease, the rent shall be abated on a per <br /> diern basis and be paid to the date of the fire or casualty. If the Landlord elects to restore the <br /> Premises and Building, such restoration shall be completed with reasonable promptness. If <br /> the Premises are unusable during such restoration, or if the Tenant is reasonably required to <br /> close its operation while such repairs are made, the rent shall abate during such period of <br /> repair while such operations have ceased and the Premises are completely closed.If the Tenant <br /> continues to operate on the Premises during such repairs, but is unable to use a substantial <br /> portion thereof, then the rent shall be prorated in the proportion which the area of unusable <br /> leased space bears to the total Premises for the period that said space is unusable. The <br /> Landlord will not be liable for business losses to the Tenant by reason of damage to the <br /> Premises. If such untenantability is caused by the fault of the Tenant, there will be no <br /> apportionment or abatement of rent.Notwithstanding anything contained in this paragraph to <br /> the contrary, if the Premises is not or cannot be made tenantable within one hundred eighty <br /> (180) days after said damage for any reason whatsoever,the Tenant may terminate this Lease. <br /> 10 <br />
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