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5A4 Sublease Agreement 103 W. Colfax (Haunt of Hounds) - Signed
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5A4 Sublease Agreement 103 W. Colfax (Haunt of Hounds) - Signed
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5/22/2025 11:30:17 AM
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Dept of Community Investment
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6 <br />Taxes"), and the Parties acknowledge that Real Estate Taxes are subject to applicable <br />assessments and may be increased or decreased during the Term or Extended Term depending <br />on such assessments. The Parties further acknowledge that because of the uncertainty related <br />to the amounts due yearly for Real Estate Taxes, the Rent to be paid hereunder after the First <br />Rental Term may similarly increase or decrease accordingly. The obligations of Tenant <br />hereunder with respect to the payment of Real Estate Taxes levied during the final year of the <br />Term or Extended Term shall survive the Termination Date. <br />4.4. Common Expenses. <br />(a)Payment. Tenant shall pay to Commission its pro rata share of the common <br />expenses, as hereinafter defined, which share shall equal the amount of all Common Expenses <br />multiplied by Tenant's pro rata share. Notwithstanding the foregoing, and as set out <br />previously in Section 4.l(a), the Parties acknowledge that Common Expenses will be fixed in <br />the following amount of One Thousand Dollars ($1,000). <br />(b)Common Expenses. “Common Expenses” shall mean all costs and expenses of <br />every kind or nature paid or incurred by Commission during the Term or Extended Term in <br />operating, managing and servicing the Building, including, without limitation: (i) reasonable <br />and customary management fees; (ii) wages, salaries and benefits of maintenance personnel <br />(not to exceed the amount fairly and equitably allocated to the Building); (iii) charges under <br />maintenance contracts; (iv) costs and expenses to perform or provide maintenance or repairs <br />and to satisfy Commission's obligation to operate, maintain and insure the Common Areas <br />under this Sublease; (v) sewer, water and storm water drainage charges attributable to the <br />Common Areas; (vi) costs for signage located in the Common Areas, including, without <br />limitation, costs for light bulbs and electricity, and costs incurred with respect to any exterior <br />sign for the Building; (vii) costs and expenses to provide light, heat, air conditioning and <br />ventilation for the Common Areas; (viii) exterior building maintenance which is not of a <br />structural or roof repair nature; and (ix) alley maintenance and sidewalk cleaning, including snow <br />and ice shoveling. <br />ARTICLE V <br />MAINTENANCE AND REPAIRS TO THE PREMISES <br />5.1. Commission Maintenance and Repairs. Commission shall, at its expense: (a) keep <br />the foundations and roof of the Premises in good order, repair and condition; and (b) maintain the <br />exterior walls of the Premises in a structurally sound condition, except to the extent that there is <br />damage caused by any act or omission of Tenant or its employees, agents, contractors, invitees or <br />licensees, and (c) replace window glass that may be damaged or broken with glass of the same or <br />substantially similar quality, except to the extent that any damage or breakage is caused by any act <br />or omission of Tenant or its employees, agents, contractors, invitees or licensees. Commission shall <br />be responsible for the replacement and maintenance of all heating, ventilating, and cooling <br />equipment and systems serving the Premises (the “HVAC Systems”); provided, however, that <br />Commission may bill Tenant for such replacement if Commission's consultant determines with <br />reasonable certainty that the need to replace the HVAC Systems was as a result of Tenant's misuse <br />of it or Tenant's failure to notify the Commission of its malfunctioning. Except as provided in this
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