2007-069 - Laserfiche WebLink

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2. Pursuant to Section 32 of the Prime Lease, Sublessee acknowledges and agrees that any sublease rent due under that certain dated , 20—, by and between Lessee and Sublessee, hereinafter referred to as the "Sublease", is to be split equally between Owner and Lessee and that Sublessee is obligated on the first ( P ) day of each month during the term of the Sublease to pay Owner for its fifty percent (50%) share of said rent. Upon determination of the Commencement Date of the Sublease by Lessee and Sublessee , Sublessee shall promptly thereafter provide written confirmation of said Commencement Date to Owner. In the event Sublessee fails to timely make any payment to Owner due under this Agreement, and such failure continues for more than fifteen ( 15) days after receipt of written notice from Owner to Sublessee, then Sublessee agrees that Owner shall be entitled to exercise against Sublessee all remedies available to a landlord under a lease in the State of Florida, including the right to terminate the Sublease. The foregoing shall not in any way limit Lessee's rights and remedies against Sublessee for Sublessee's failure to perform under the Sublease. 3 . Sublessee's rights under the Sublease and its use of the Premises are subject in all respects to the terms and conditions of the Prime Lease, including without limitation , the interference provisions set forth in Section 11 of the Prime Lease; provided, however, Sublessee shall not be obligated for monetary obligations payable by Lessee to Owner under the Prime Lease except as contemplated in the Sublease and this Agreement. 4. All notices hereunder must be in writing and shall be deemed validly given if sent by certified mail, return receipt requested or by commercial courier, provided the courier's regular business is delivery service and provided further that it guarantees delivery to the addressee by the end of the next business day following the courier's receipt from the sender, addressed as follows (or any other address that the party to be notified may have designated to the other by notice delivered in accordance with this paragraph): Owner: Indian River County Director of Utility Services County Administration Building 184025 th Street Vero Beach, Florida 32960 Attention: Director of General Services Lessee: Verizon Wireless Personal Communications LP d/b/a Verizon Wireless 180 Washington Valley Road Bedminster, New Jersey 07921 Attention: Network Real Estate Sublessee :