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Reso 2005-787
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Reso 2005-787
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Last modified
2/10/2016 3:13:42 PM
Creation date
1/25/2006 1:57:53 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2005-787
Date (mm/dd/yyyy)
04/14/2005
Description
Lease Agmt w/Vanguard Car Rental USA, Inc (1st Addendum)
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<br />violations that first occurred pnor to we Commencemenr Dare which Landlord sha1J be responsible <br /> <br />for, shall promptly comply wlth the Regulations for the correclive prevention and abatement of any <br />violations or nuisances in or upon, or connected with, the Premises, whether or not compliance <br />therewith shall require structural changes in any of the Improvements or interfere with the use and <br />enjoyment of the Premises, and (b) procure. maintain and comply with all licenses, and other <br />authorizations required for any use, business operation, occupancy, maintenance, repair and <br />restoration of the Premises, and for the proper erection, installation, operation and maintenance of <br />the Premises, or any part thereof, all of the foregoing being at Tenant's sole expense; provided, <br />however, if any Regulations prohibit the USe of the Premises as it exists on the Commencement Date <br />and the violations of such Regulations were not caused or crealed by Tenant, Landlord shall, within <br />thirty (30) days after receipt of written notice from Tenant of the existence of such Reg..lIations, <br />obtain such zoning amendments or approvals required to permit the use of the Premises as a car <br />rental facility. Tenant shall promptly notify Landlord in writing of such violation upon becoming <br />aware of same and shaJl cooperate with Landlord in attempting to cure such violation, provided that <br />the failure to provide or any delay in providing such notice shaH not impair the obligations of <br />Landlord hereunder unless the failure or delay actually causes prejudice to the Landlord and then <br />only to the extent such delay causes the damages to exceed those which otherwise would have been <br />incurred had prompt notice been given. <br /> <br />3. Iron. <br /> <br />A. The term of this Lease (the "Term") shall commence on the "Commencement <br />Date," as defined below, and shall expire at I 1 :59 p.m. (local time) on the date immediately prior <br />to the twentieth annual anniversary of the Commencement Date. The Commencement Date shall <br />be July 8,1997, upon which date the Landlord shall deliver physical possession of the Premises to <br />Tenant in the condition called for by Paragraph 3(C) below. In no event shall Tenant be required <br />to pay Rent (as hereinafter defined) or any otheramounts due hereunder until such time as Landlord <br />has delivered possession of the Premises to Tenant in the condition required by this Lease. <br /> <br />B. Rent for the Term shall be as set forth in Exhibit "B" attached hereto and <br />incorporated herein by this reference. <br /> <br />C. At the Commencement Date, Landlord shall deliver possession to Tenant free <br />and clear of aJl tenancies and other rights of use and possession not disclosed to Tenant on Schedule <br />I to this Lease. Tenant acknowledges that it has examined and otherwise has knowledge of the <br />condition of the Premises prior to the execution and delivery of this Lease and has found the same <br />to be in good order and repair and satisfactory for its purposes hereunder, subject only to Landlord's <br />obligations as otherwise specifically set forth herein. Tenant is leasing the Premises "AS IS, <br />WHERE IS" and with an "All FAULTS" condition. Except as may be expressly provided in this <br />Lease to the contrary, Tenant waives any claim or action against Landlord in respect to the condition <br />of the Premises. EXCEPT AS SPECIFlCALL Y SET FORTH IN TillS LEASE, LANDLORD <br />MAKES NO WARRANTY OR REPRESENTATION, EXPRESSED OR IMPLIED, <br />STATUTORY OR OTHERWISE AND LANDLORD HEREBY EXPRESSLY DISCLAIMS <br /> <br />MlA95101171248I <br /> <br />2 <br /> <br />--- -or- - .....,..-- .- r-T" . <br /> <br />SIB <br />
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