My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Book # 76 10-22-96-3-11-97, 96-233-97-062
NewBrighton
>
Council
>
Packets
>
1997 - 1999 AGENDA REPORTS
>
Book # 76 10-22-96-3-11-97, 96-233-97-062
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/25/2021 1:15:19 PM
Creation date
5/2/2012 9:33:55 AM
Metadata
Fields
Template:
General
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
633
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Lease upon 30 days written notice to LESSOR at any time prior to the stated maturity of the <br /> Lease, then LESSEE shall pay to LESSOR as liquidated damages a sum equivalent to two months <br /> 0 rent plus any unamortized tenant improvements and leasing commission. The total amount to be <br /> amortized shall not exceed $9,680.00 and shall be amortized on a straight-line basis over the <br /> original term of this Lease. which equates to S 161.33 for each month remaining on the Lease. <br /> Upon payment of aforesaid sum, LESSOR shall hold LESSEE harmless from further liability of <br /> obligation under this Lease. <br /> 6. OPTION TO RENEW <br /> Provided LESSEE is not in default of the Lease, LESSOR will grant LESSEE an option to renew <br /> for one (1) additional period of five (5) years with three (3) months notice at a rate of$950 per <br /> month in years 1 through 3 and $1 ,023 in years four and five of the renewal term. <br /> 7. DELIVERY UPON TERMINATION <br /> Upon expiration of the Lease term, or any subsequent renewal term, or other sooner termination <br /> of this Lease. LESSEE shall deliver to LESSOR possession of the Premises. together with all <br /> improvements or additions in or to the Premises, in the same condition as received, ordinary wear <br /> and tear excepted. <br /> LESSEE shall not be required to remove any of said improvements or return the Premises to its <br /> original condition upon any termination of this Lease. All said improvements shall remain in <br /> place as the property of the LESSOR. LESSEE shall remove its furniture. fixtures and equipment <br /> and make any repairs occasioned by said removal upon any termination of this Lease. <br /> 0 USE <br />• <br /> LESSEE shall use said Premises for general office space including by way of specification (but <br /> without linritin`g the generality of the foregoing). in connection with investment <br /> brokerage/insurance sales and services and LESSEE shall be the only business in the Building to <br /> engage in investment brokerage sales and services. <br /> LESSEE. it's employees, customers. invitees. contractors. and agents shall lave access and the <br /> right to use the common areas. if any. including but not limited to: corridor. sidewalks. <br /> restrooms, parking lots, entryways. lobbies and elevators, subject to LESSCR'S reasonable <br /> written rules and regulations which shall not adversely affect LESSEE'S right to use the premises. <br /> 9. UTILITIES <br /> LESSOR shall provide to the Premises and Building, and its Common Areas. all utilities. including but <br /> not limited to electric. water. sewer, heat. and waste or trash removal. LESSEE shall pay, either to <br /> LESSOR or directly to said utility or service provider, the following service!, used exclusively for the <br /> Premises: electricity, water, sewer and gas. LESSOR shall provide any necessary metering devices.\ <br /> 10. REAL ESTATE TAXES . COMMON AREA MAINTENANCE <br /> LESSEE'S proportionate share of Operating Costs which includes common area maintenance costs, real <br /> estate taxes and property insurance, shall be that portion of such Operating Costs cost which the Gross <br /> Leasable Area of the Premises bears to the total gross leasable area of the Property, which is 4,573 square <br /> feet divided by 877 square feet, or 19. 18%. The Operating Costs shall mean the actual and reasonable <br /> annual cost to LESSOR of operating and maintaining the Building and Property. <br />
The URL can be used to link to this page
Your browser does not support the video tag.