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2022-066
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2022-066
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Last modified
5/16/2022 2:06:21 PM
Creation date
4/21/2022 11:55:35 AM
Metadata
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Template:
Official Documents
Official Document Type
Lease
Approved Date
04/05/2022
Control Number
2022-066
Agenda Item Number
8.I.
Entity Name
City of Vero Beach Regional Airport
Subject
Vero Beach Regional Airport, Attachment B
Standard Lease Provisions for Airport Tenants
Document Relationships
2022-064
(Agenda)
Path:
\Official Documents\2020's\2022
2022-065
(Agenda)
Path:
\Official Documents\2020's\2022
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A TRUE COPY <br />CERTIFICATION ON LAST PAGE <br />J.R. SMITH, CLERK <br />all collateral document(s) shall so provide. Any expense resulting thereby shall be the <br />TENANT'S responsibility. <br />(c) TENANT shall also have the right from time to time during the term of the <br />Lease Agreement to place any substitute or additional mortgage on the leasehold estate <br />created by the Lease Agreement and on TENANT'S interest in the leasehold estate; <br />provided, however, that all such mortgages, and any and all mortgages created <br />pursuant to this Paragraph 18, shall be subordinate to the Lease Agreement and no <br />such mortgage(s) shall extend beyond the initial term or the option term, if any, then in <br />effect; provided, further, that LANDLORD shall have the right to approve or deny <br />TENANT'S request to place the additional or substitute mortgage on the leasehold <br />estate. LANDLORD shall not unreasonably withhold such approval. <br />(d) No mortgage on the leasehold estate created by the Lease Agreement or <br />on the TENANT'S interest in the leasehold estate shall be binding upon the LANDLORD <br />in the enforcement of LANDLORD'S rights under the Lease Agreement. <br />19. ENVIRONMENTAL PROVISIONS: <br />(a) Subject to any limitations in federal or state law, the LANDLORD agrees <br />that the TENANT shall have no liability for any pre-existing environmental contamination <br />of the Leased Premises, provided the TENANT demonstrates that an event causing <br />such environmental contamination was a pre -occupancy event as described in <br />Paragraph (k) of this section for which TENANT is not liable hereunder. The <br />LANDLORD will hold the TENANT harmless from all costs and expenses associated <br />with any such pre-existing environmental contamination of the Leased Premises arising <br />out of a pre -occupancy event which was not caused by the TENANT. <br />Page 27 of 38 <br />N:\Client Docs\Airport\Attachment B\2016.February.16.ATTACHMENT B.docx <br />
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