Laserfiche WebLink
sublease, license or other agreement. All rights and responsibilities of LESSEE set forth in this <br /> Agreement shall be enjoyed by and binding on any Sublessee . <br /> In the event LESSEE subleases any portion of the Property, in accordance with this <br /> Agreement, any rental paid by any Sublessee(s) shall be divided between the LESSOR and the <br /> LESSEE in the following manner: 50% to LESSOR and 50% to LESSEE. Any Sublessee shall <br /> be instructed to pay the for percentage amounts direetjy;io the LESSOR and the LESSEE: <br /> For all Subleases of any nature whatsoever, LESSEE will provide LESSOR with a tri -party <br /> agreement to be executed by the LESSEE, it ' s Sublessee, and LESSOR to confirm direct <br /> payment obligation from the Sublessee to the LESSOR and to indicate LESSOR has been <br /> notified of the sublease ; and LESSEE shall have no liability of any nature to LESSOR in the <br /> event of failure of payment by Sublessee. It is understood and agreed by the Parties that the <br /> foregoing rental percentage amounts shall only apply if LESSEE is able to accommodate all of <br /> Sublessee' s facilities within LESSEE' s Property, If LESSEE is unable to accommodate any or <br /> part of Sublessee ' s facilities within the Property, then LESSOR may enter into an agreement <br /> with the Sublessee for a portion of the property that Sublessee requires to locate its facilities. In <br /> this event, LESSEE shall receive 100% of the rental for that portion of the facilities that are <br /> located within the limits of the Property and LESSOR shall receive 100% of the rental, <br /> negotiated by LESSOR and Sublessee, for the portion of Sublessee ' s facilities that are located on <br /> the property outside LESSEE' s Property. <br /> Notwithstanding any other provision of this Agreement, the LESSEE shall not be <br /> required to obtain approval from the LESSOR for the Subletting of the Property or part thereof; <br /> however, LESSEE shall provide written notice thereof to LESSOR. LESSEE shall have the sole <br /> right to determine whether it will Sublet any portion of the Property or whether it will sublease to <br /> any specific Sublessee. <br /> 33 . CAPITAL CONTRIBUTION. Concurrent with the execution of this <br /> Agreement by LESSEE, LESSEE shall tender to LESSOR, as a capital contribution, a check in <br /> the amount of Fifteen Thousand and 00/ 100 Dollars ($ 15 ,000.00) . <br /> 34 . TAXES . LESSEE shall pay as additional rmt any, documented increase in . <br /> real estate taxes levied against the Property which are directly attributable to the improvements <br /> constructed by LESSEE within the Premises . LESSOR shall provide to LESSEE a copy of any <br /> notice, assessment or billing relating to real estate taxes for which LESSEE is responsible under <br /> this Agreement within ten ( 10) days of receipt of the same by LESSOR . LESSEE shall have no <br /> obligation to make payment of any real estate taxes until LESSEE has received the notice, <br /> assessment or billing relating to such payment as set forth in the preceding sentence. LESSEE <br /> shall have the right, at its sole option and at its sole cost and expense, to appeal , challenge or <br /> seek modification of any real estate tax assessment or billing for which LESSEE is wholly or <br /> partly responsible for payment under this Agreement. LESSOR shall reasonably cooperate with <br /> LESSEE in filing, prosecuting and perfecting any appeal or challenge to real estate taxes as set <br /> forth in the preceding sentence, including but not limited to , executing any consent to appeal or <br /> other similar document. LESSEE shall be responsible for the payment of personal property taxes <br /> on LESSEE ' s wireless communications equipment which may be located on the Property, and <br /> agrees to pay the same in a timely manner . <br />