Laserfiche WebLink
<br />Confidential Page 7 of 12 11/18/2024 <br />City of South Bend Modified Gross Lease @ Key Bank Building The Hinman Company <br />discretion, deems advisable. Landlord shall be entitled to recover the difference in the Lease Rent from the reletting rent from Tenant, <br />with the right to make alterations and repairs to the Leased Premises. <br /> <br />No right or remedy herein conferred to Landlord shall be exclusive of any other right or remedy provided herein or by law (including <br />consequential damages), but each shall be cumulative and in addition to every other right or remedy given herein or now or hereafter <br />existing at law or equity or by statute. <br /> <br /> <br />29. Landlord Default and Tenant Remedies. Landlord shall not be in default under this Lease unless Landlord fails to <br />complete performance of the obligations required of Landlord within thirty (30) days after receipt of written notice by Tenant to <br />Landlord, specifying that Landlord has failed to perform such obligation; provided, however, that if the nature of Landlord's obligation <br />is such that more than the specified cure period is required for performance, then Landlord shall not be in default if Landlord <br />completes performance within sixty (60) days after receipt of written notice by Tenant. In the event Landlord does not commence <br />performance within thirty (30) days after written notice from Tenant, then Tenant may (a) terminate this Lease without further <br />obligation, or (b) provide written notice to Landlord that Tenant intends to perform the obligation on Landlord's behalf, and Tenant <br />shall have the right, but not the obligation, to take such minimum action as is reasonably necessary under the circumstances to perform <br />such obligation. All work done in accordance herewith must be performed at a reasonable and competitive cost and expense (taking <br />into account the circumstances of the obligation). To the extent such work performed by Tenant is Landlord's responsibility under this <br />Lease, Landlord shall reimburse Tenant, within thirty (30) days after Landlord's receipt of a reasonably documented invoice for any <br />reasonable sums paid or reasonable costs incurred by Tenant in curing the default. <br /> <br />No right or remedy herein conferred to Tenant shall be exclusive of any other right or remedy provided herein or by law (including <br />consequential damages), but each shall be cumulative and in addition to every other right or remedy given herein or now or hereafter <br />existing at law or equity or by statute. <br /> <br />30. Reserved <br /> <br />31. Rules And Regulations. Tenant covenants and agrees that Tenant, its agents, officers, employees, contractors, licensees, <br />and invitees will, at all times, observe, perform, and abide by all of the general terms and conditions contained in the rules and <br />regulations attached hereto as Exhibit B. Landlord reserves the right to rescind, alter, or waive any such rule or regulation when, in its <br />sole judgment, it deems it necessary or desirable. Landlord shall not be responsible to any tenant for the non-observance or violation <br />by any other tenant of any of the rules or regulations at any time prescribed for the Building. <br /> <br />32. Wiring And Cabling. Tenant shall have the right, subject to Landlord's prior written approval, to use building shafts, <br />conduits, and equipment rooms in the Leased Premises and other parts of the Building for the installation and maintenance of <br />conduits, cables, ducts, pipes, and other devices for data processing devices, telecommunication equipment, supplementary HVAC, <br />and other facilities consistent with Tenant's Use of the Leased Premises. Within thirty (30) days after the expiration or sooner <br />termination of the Lease, or at any time that any of the wires installed in the Building by Tenant under this Section are no longer in <br />active use by Tenant, Landlord may elect ("Election Right") by written notice to Tenant to: (i) retain any or all wires, cables, and <br />similar installations appurtenant thereto ("Wires") installed by Tenant within the Leased Premises or anywhere in the Building outside <br />the Leased Premises; or (ii) remove any or all of the Wires and restore the Leased Premises or the Building, as the case may be, to <br />their condition existing prior to the installation of the Wires ("Wire Restoration Work"). Landlord, at its option, may require Tenant to <br />perform all or part of the Wire Restoration Work at Tenant's sole cost and expense. The provisions of this Section shall survive the <br />expiration or sooner termination of the Lease. <br /> <br />33. Surrender. Tenant agrees to surrender to Landlord, at the end of the Lease Term or upon any termination of this Lease, the <br />Leased Premises in as good condition as the Leased Premises were at the Lease Commencement Date, ordinary wear and tear <br />excepted. Any damage to the Leased Premises resulting form the removal of trade fixtures or other items of personal property must be <br />repaired at Tenant's expense. If Tenant does not make such repairs or restorations within thirty (30) days of a written demand from <br />Landlord, Tenant shall pay the commercially reasonable costs incurred by Landlord in connection with repairing or restoring the <br />Leased Premises, designated on demand by Landlord. Tenant shall be required to turn over all keys to Landlord upon surrender of <br />the Leased Premises. <br /> <br />34. Entire Agreement. This Lease, and the exhibits and the rules and regulations, represents the entire agreement between the <br />parties. It may not be amended, altered, or modified unless done so in writing by both parties. No rights, covenants, easements, or <br />licenses may arise by implication. <br /> <br />35. Survival. All obligations arising prior to the termination of this Lease, and all provisions of this Lease allocating <br />responsibility or liability between the parties, including, without limitation, the indemnity provisions contained in this Lease, shall