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2006-392
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2006-392
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Last modified
9/1/2016 3:26:17 PM
Creation date
9/30/2015 10:17:59 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Sublease Agreement
Approved Date
11/14/2006
Control Number
2006-392
Agenda Item Number
7.G.
Entity Name
Verizon Wireless/Sprint Spectrum
Subject
South Reverse Osmosis No.69023
Supplemental fields
SmeadsoftID
5952
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LESSEE. The date set forth in the Memorandum of Lease is for recording purposes only and <br /> bears no reference to commencement of either term or rent payments . <br /> 24. DEFAULT. In the event there is a default by the LESSEE with respect to any <br /> of the provisions of this Agreement or its obligations under it, including the payment of rent, the <br /> LESSOR shall give LESSEE written notice of such default. After receipt of such written notice, <br /> the LESSEE shall have fifteen ( 15 ) days in which to cure anv monetary default and thirty (30) <br /> days in which to cure any non-monetary default, provided the LESSEE shall have such extended <br /> period as may be required beyond the thirty (30) days if the nature of the cure is such that it <br /> reasonably requires more than thirty (30) days and the LESSEE commences the cure within the <br /> thirty (30) day period and thereafter continuously and diligently pursues the cure to completion . <br /> The LESSOR may not maintain any action or effect any remedies for default against the <br /> LESSEE unless and until the LESSEE has failed to cure the same within the time periods <br /> provided in this Paragraph . <br /> 25 . ENVIRONMENTAL. <br /> a . LESSOR will be responsible for all obligations of compliance with any and all <br /> environmental and industrial hygiene laws, including any regulations , guidelines, standards , or <br /> policies of any governmental authorities regulating or imposing standards of liability or <br /> standards of conduct with regard to any environmental or industrial hygiene conditions or <br /> concerns as may now or at any time hereafter be in effect, that are or were in any way related to <br /> activity now conducted in, on, or in any way related to the Property, unless such conditions or <br /> concerns are caused by the activities of the LESSEE. <br /> b. LESSOR shall hold LESSEE harmless and indemnify the LESSEE from and <br /> assume all duties , responsibility and liability at LESSOR' s sole cost and expense, for all duties , <br /> responsibilities , and liability (for payment of penalties , sanctions , forfeitures , losses, costs, or <br /> damages) and for responding to any action, notice, claim, order, summons , citation, directive, <br /> litigation, investigation or proceeding which is in any way related to: a) failure to comply with <br /> any environmental or industrial hygiene law , including without limitation any regulations , <br /> guidelines, standards , or policies of any governmental authorities , regulating or imposing <br /> standards of liability or standards of conduct with regard to any environmental or industrial <br /> hygiene concerns or conditions as may now or at any time hereafter be in effect, unless such <br /> compliance results from conditions caused by the LESSEE; and b) any environmental or <br /> industrial hygiene conditions arising out of or in any way related to the condition of the Property <br /> or activities conducted thereon, unless such environmental conditions are caused by the <br /> LESSEE. <br /> 26. CASUALTY. In the event of damage by fire or other casualty to the Premises <br /> that cannot reasonably be expected to be repaired within forty-five (45) days following same or, <br /> if the Property is damaged by fire or other casualty so that such damage may reasonably be <br /> expected to disrupt LESSEE' s operations at the Premises for more than forty-five (45 ) days , then <br /> LESSEE may at any time following such fire or other casualty, provided LESSOR has not <br /> completed the restoration required to permit LESSEE to resume its operation at the Premises , <br /> terminate this Lease upon fifteen ( 15) days written notice to LESSOR . Any such notice of <br />
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