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CCP 08-14-2007
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CCP 08-14-2007
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12/18/2007 7:14:44 PM
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<br /> <br /> <br /> <br /> <br /> 11.4. No proceedings are pending or, to the knowledge of the Tenant, threatened, (i) in any <br /> way contesting or affecting the status of the Tenant as an organization described in Section 501(c)(3) <br /> of the Code, or (ii) to subject any income of the Tenant to federal income taxation. <br /> <br /> 11.5. The Tenant represents, covenants, and warrants that it will maintain its status as an <br /> organization described in Section 501(c)(3) of the Code and will remain exempt from federal income <br /> taxation pursuant to Section 501(a) of the Code for the terra of this Lease, and any extensions of this <br /> Lease, unless the City receives an opinion from its counsel stating that the proposed change in status <br /> of the Tenant may be authorized. <br /> <br /> 11.6. The Tenant represents, covenants, and warrants it shall use the Leased Space for the <br /> <br /> purposes allowed under Section 3.1 hereof and these activities do not constitute an "unrelated trade <br /> or business" of the Tenant within the meaning of Section 513 of the Code. The Tenant will not use <br /> the Leased Space in connection with an activity that constitutes an "unrelated trade or business" of <br /> the Tenant (within the meaning of Section 145 of the Code). <br /> <br /> <br /> ARTICLE X11- MISCELLANEOUS PROVISIONS <br /> <br /> 12.1 HOLDING OVER. If either party terminates Lease Agreement and in the event that <br /> Tenant continues to occupy the Leased Space after the expiration of the term of this Lease hereof <br /> without entering into a new Lease hereof said tenancy shall be construed to be a "tenancy from <br /> month to month" upon all of the other terms and conditions herein contained, except where same are <br /> not applicable, and except that the rental during such holdover period shall be the then current <br /> "minimum rent" plus fifty percent (50%) thereof and all "additional rent" shall continue to be paid. <br /> <br /> 12.2 ENTIRE AGREEMENT. This Lease is executed in identical counterparts, each of <br /> which, when bearing original initials of the parties on each page and at each change in the text hereof <br /> as well as original signatures at the end of the document, shall constitute an original for all purposes. <br /> All previous agreements, whether. oral or written, are superseded by and merged with this Lease. <br /> Subsequent change shall not be binding unless reduced to writing and signed by the parties hereto. <br /> <br /> 12.3 INVALIDATION OF PARTICULAR PROVISIONS. If any clause, term or provision <br /> of this Lease, or the application thereof to any person or circumstance shall, to any extent, be invalid <br /> or unenforceable, the remainder of this Lease, or the application of such term or provision to persons <br /> or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected <br /> thereby, and each term and provision of this Lease shall be valid and be enforced to the fullest extent <br /> permitted by law. It is the intention of the parties hereto than in lieu of each clause, term or provision <br /> of this Lease that is illegal, invalid or unenforceable, there be added as part of this Lease a clause, <br /> term or provision similar to such illegal, invalid or unenforceable clause, term or provision as may be <br /> possible and would be legal, valid and enforceable. <br /> <br /> 12.4 PROVISIONS BINDING, ETC. Except as herein otherwise expressly provided, the <br /> ternns hereof shall be binding upon and shall inure to the benefit of the heirs, successors, assigns and <br /> legally appointed representative, respectively, of the Landlord and the Tenant. Each term and each <br /> <br /> <br /> 11 <br />
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