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5A4 Lease Agreement MainWayne Parking Garage (SB Bike Garage) - Fully Executed
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5A4 Lease Agreement MainWayne Parking Garage (SB Bike Garage) - Fully Executed
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4/9/2026 1:24:49 PM
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Dept of Community Investment
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<br />thirty (30) days after the giving of notice thereof by Landlord specifying the items in default. <br /> <br />(c) Falsification of Information. If Tenant or any agent of tenant falsifies any <br />report in any material respect or misrepresents other information in any material respect <br />required to be furnished to Landlord pursuant to this Lease. <br /> <br />(d) Merger or Consolidation. If Tenant is merged or consolidated with any other <br />entity, or there is a transfer of a controlling interest in Tenant, which is not consented to in <br />advance in writing by Landlord. <br /> <br />(e) Tenant's Dissolution or Liquidation. The commencement of steps or <br />proceedings toward the dissolution, winding up, or other termination of the existence of <br />Tenant or toward the liquidation of its assets, which includes Tenant's failure to maintain a <br />business license or any other license in accordance with state or local law. <br /> <br />(f) Assignment or Attachment. The making of an assignment by Tenant of <br />Tenant's obligations hereunder for the benefit of its creditors, or if in any other manner <br />Tenant's interest in this Lease passes to another by operation of law, including, without <br />limitation, by attachment, execution, or similar legal process, which is not discharged or <br />vacated within thirty (30) days, except as permitted under this Lease. <br /> <br />(g) Appointment of Receiver or Trustee. The appointment of a receiver or trustee <br />for the business or property of Tenant, unless such appointment shall be vacated within ten <br />(10) days after its entry. <br /> <br />(h) Inability to Pay. The admission in writing by Tenant of its inability to pay its <br />debts when due. <br /> <br />(i) As Otherwise Provided. The occurrence of any other event described as a <br />default elsewhere in the Lease or any amendment thereto, regardless of whether such event <br />is defined as an "Event of Default." <br /> <br />12.2. Remedies. Upon the occurrence of an Event of Default, Landlord, without notice <br />to Tenant in any instance (except where expressly provided for below or by applicable law) may <br />do any one or more of the following: <br /> <br />(a) Termination of Lease. Landlord may terminate this Lease, by written notice <br />to Tenant, without any right by Tenant to reinstate its right by payment of Rent due <br />or other performance of the terms and conditions hereof. Upon such termination, Tenant shall <br />immediately surrender possession of the Premises to Landlord, and Landlord shall, in addition <br />to all other rights and remedies that Landlord may have, immediately become entitled to <br />receive from Tenant: (i) an amount equal to the aggregate of all Rent which then remains due <br />to Landlord but unpaid by Tenant; (ii) reasonable costs and expenses incurred by Landlord <br />in connection with a re-entry or taking of possession of the Premises; (iii) reasonable costs <br />and expenses incurred by Landlord in connection with making alterations and repairs for the <br />purpose of re-letting the Premises; and (iv) reasonable attorneys' fees.
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