1997-207 - Laserfiche WebLink

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• • • • • C If there occurs an Event of Default by Lessee, In addltIon to any other remedies available to Lessor at law or In equity, Lessor shaft have the option to terminate this Lease and all rights of Lessee hereunder. 5. Lessor shall have the right to terminate this lease upon 80 days written notice It A. Lessee defaults hereunder as described under Paragraph 4; B. The tower is wholly or partially destroyed from any cause and cannot be reasonably repaired. 8. The Lessee may terminate this lease upon 80 days written notice to Lessor if any of the following occurs. A. Lessee determines, in its sole discretion, that it wilt be unable to obtain all necessary Governmental Approvals for Lessee's Intended use of and improvements to the Property desired by Lessee; or B. Lessee's application for any Governmental Approvals necessary for Lessee's use of the Property and improvements desired by Lessee Is dented; or C. any Governmental Approvals necessary for Lessee's use of the Property and/or improvements to the Property, whether now or hereafter desired by Lessee, are canceled, expired, lapsed or are otherwise withdrawn, terminated or denied so that Lessee, Lessee's its reasonable judgment, determines that it will no longer be able to use the Property intended use; or D. the Federal Communications Commission allocates the frequencies at which Lessee may operate Its antennas and equipment and may from time to time change such frequencies. Any changes of this nature that, In Lessee's reasonable judgment, renders Its operation of a wireless communications facility at the Property obsolete, or E. if Lessee determines that the Property has become unsuitable for Le'sem operations operations due to changes in system or network design or In the types equipment used of Lessee's operations at the Property become unprofitable. F. Any termination notice rendered by Lessee pursuant to this Paragraph shall cause this Lease to expire with the same force and effect as though the date set froth in such notice were the date originally set as the expiration date of this Lease and the parties shaft make an appropriate adjustment, as of such termination date, with respect to payments due to the other under this Lease. 7. This lease shall be binding upon the respective parties, their assigns and successors- Except to Lessee's parent company, Lessee may assign lts rights benot unreasonably obligations under witthis lease only upon prior written approval of the Lessor, and such approval rig 0, Lessee takes the faoilides as Is end Lessor don not warrant that the mduty Is sultkdent for the use Intended by Lessee My modifications necessary to make be by the Lessee and shall bye mode at be made after approval by the Lessor such approval unreasonably the sole expense of the Lessee. 9. A. Losses shaft pay Lessor at 1840 25" Street, Vero Beach, Florida 32980 an annual rental of Nine Thousand, Three Hundred, Sixty Dollars (59,380.00) payable yearly In advance and due on each and every anniversary date of the Commencement Date during the term of this (ease On each Tndtan Rlvbi,Coiwty Gifford Water Tower - 62716 2 /' acristate o e RILn�• ►tl i •S 4. a.