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2023-034B
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2023-034B
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Last modified
7/6/2023 11:15:16 AM
Creation date
7/6/2023 11:13:35 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
02/07/2023
Control Number
2023-034B
Agenda Item Number
8.K.
Entity Name
Flowsmart Sebastian, LLC dba Five Guys
Subject
Letter of Agreement to supplement the Five Guys Lease Agreement
Document Relationships
2023-034
(Cover Page)
Path:
\Official Documents\2020's\2023
2023-034A
(Cover Page)
Path:
\Official Documents\2020's\2023
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constitute a breach of the Lease or a violation of any rules or regulations of the Landlord <br />or otherwise be deemed noxious or offensive. <br />Notices of Default: In furtherance of the provisions included in the Collateral Assignment <br />of Lease and the Consent to Collateral Assignment of Lease attached as Appendix 2 to this <br />Letter (together, the "Collateral Assignment Documents"), the Landlord agrees to <br />email a copy of any notice of default delivered to the Tenant using the following address: <br />leasing@fiveguvs.com. The Collateral Assignment Documents are acknowledged and <br />agreed to by the undersigned for purposes of the FIVE GUYS® brand owner, Five Guys <br />Franchisor, LLC (the "Franchisor"), a third party beneficiary of this Letter. Further, the <br />Collateral Assignment Documents are hereby incorporated by reference and, <br />notwithstanding any understanding to the contrary, are fully enforceable. <br />Parties agree that the Lease, this Letter, and the documents referenced herein <br />constitute the entire, full and complete agreement between the Landlord and the Tenant <br />concerning the Premises and will supersede all prior related agreements. This Letter and any <br />disputes arising out of, or in connection with, this Letter will exclusively be subject to the <br />relevant provisions of the Lease governing such matters (including, without limitation, the <br />governing law and dispute resolution provisions of such Lease). <br />TENANT: <br />Flow Smart Five Sebastian, L <br />By v <br />Name: Jim rrettson <br />Title: A horized Signatory <br />LANDLORD: <br />Acknowledged and Aoreed: <br />Name. William K. DeBraal, Esquire <br />Title: Authorized Signatory for and <br />on behalf of: <br />Indian River County, a political subdivision of the State of Florida <br />[Additional Signatures in Appendix 2] <br />FIVE GUYS - Letter Agreement to Supplement Lease Agreement - Flow Smart Five Sebastian, LLC <br />
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