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5A02 Lease Agreement SB Bike Garage Inc.
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5A02 Lease Agreement SB Bike Garage Inc.
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10/24/2024 11:28:57 AM
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Rent first due hereunder. No endorsement or statement on any check or letter accompanying <br />any check or payment of Rent shall be deemed to be an accord and satisfaction, and Landlord <br />may accept any such check or payment without prejudice to the right of Landlord to recover <br />the balance of such Rent or to pursue any other right or remedy. <br />15.7. Relationship. Nothing contained herein shall be deemed or construed to create <br />between the Parties any relationship other than that of Landlord and Tenant. <br />15.8. Information. Tenant shall provide to Landlord, upon request, accurate financial <br />statements of Tenant certified by the highest-ranking financial officer of Tenant. <br />15.10 Construction. The laws of the State of Indiana shall govern the <br />validity, performance, and enforcement of this Lease. The invalidity or unenforceability of <br />any term on condition of this Lease shall not affect the other terms and conditions, and this Lease <br />shall be construed in all respects as if such invalid or unenforceable term or condition had not been <br />contained herein. The Parties acknowledge that this Lease was negotiated and prepared by the <br />Parties and their respective counsel; therefore, if any provision of this Lease requires judicial <br />interpretation, the court interpreting or construing such provision shall not construe it more strictly <br />against either Party. The captions of this Lease are for convenience only and do not in any way <br />limit or alter the terms and conditions of this Lease. Whenever in this Lease a singular word is <br />used, it also shall include the plural wherever required by the context and vice versa. All references <br />in this Lease to periods of days shall be construed to refer to calendar days, not business days, <br />unless business days are specified. <br />15.9. Force Majeure. Notwithstanding anything to the contrary set forth herein, if <br />Landlord or Tenant is delayed in, or prevented from observing or performing any of its obligations <br />hereunder (other than the payment of any amount of money due hereunder) as the result of: (a) an <br />act or omission of the other Party; or (b) any other cause that is not within the control of the delayed <br />or prevented Party (including, without limitation, inclement weather, the unavailability of <br />materials, equipment, services or labor, and utility or energy shortages or acts or omissions of <br />public utility providers); then: (A) such observation or performance shall be excused for the period <br />of the delay; and (B) any deadlines for observation or performance shall be extended for the same <br />period. <br />15.10. Counterparts. This Lease may be executed in separate counterparts, each of which <br />when so executed shall be an original, but all of which together shall constitute but one and the <br />same instrument. <br />15.11. Successors and Assigns. Except as otherwise expressly provided herein, this Lease, <br />and all of the terms and conditions hereof, shall inure to the benefit of, and be binding upon, the <br />respective heirs, executors, administrators, successors, and assigns of Landlord and Tenant. All <br />indemnities set forth herein shall survive the Termination Date. <br />15.12. Authority. Each person executing this Lease represents and warrants that: (a) <br />he or she has been authorized to execute and deliver this Lease by the entity for which he or she <br />is signing; and (b) this Lease is the valid and binding agreement of such entity, enforceable in
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