My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
8.4. SR 12-07-2015
ElkRiver
>
City Government
>
City Council
>
Council Agenda Packets
>
2011 - 2020
>
2015
>
12-07-2015
>
8.4. SR 12-07-2015
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/4/2015 10:35:31 AM
Creation date
12/3/2015 3:15:47 PM
Metadata
Fields
Template:
City Government
type
SR
date
12/7/2015
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
8
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
<br /> <br />14.Relationship of Parties <br />. Nothing contained in this Lease shall be deemed or <br />construed by the parties hereto or by any third party to create the relationship of principal and <br />agent or of partnership or of joint venture or of any association whatsoever between the City and <br />Lessee, it being expressly understood and agreed that neither the payment of rent nor any act of <br />the parties hereto shall be deemed to create any relationship between the City and Lessee other <br />than the relationship of landlord and tenant. <br /> <br />15.Events of Default/Remedies <br />. The following shall be an “Event of Default” <br />under this Lease: <br /> <br />(a)Lessee fails, neglects or refuses to pay any installment of rent at the time <br />and in the amount as herein provided; <br /> <br />(b)That any voluntary or involuntary petition or similar pleading under any <br />section or sections of any bankruptcy act shall be filed by or against Lessee, or any <br />voluntary or involuntary proceeding in any court or tribunal shall be instituted to declare <br />Lessee insolvent or unable to pay Lessee's debts, and the same shall not be dismissed or <br />discharged within thirty (30) days after notice thereof in writing given to Lessee by the <br />City; <br /> <br />(c)Lessee fails, neglects or refuses to keep and perform any of the other <br />covenants, conditions, stipulations or agreements herein contained and covenanted and <br /> <br />agreed to be kept and performed by it, and in the event such defaultshall continue for a <br />period of more than thirty (30) days after notice thereof in writing given to Lessee by the <br />City; <br /> <br />(d)Lessee makes any assignment of its property for the benefit of creditors or <br />should the Leased Premises be taken under a levy or execution or attachment in an action <br />against Lessee and such levy, attachment or assignment is not dismissed and discharged <br />within thirty (30) days after written notice thereof to Lessee by the City. <br />The City shall have the right to terminate this Lease if Lessee fails to cure an Event of Default <br />within ten (10) days written notice. If Lessee fails to cure an Event of Default within the cure <br />period the City shall have the right to terminate this Lease and exercise any remedies available <br />under applicable law to regain possession of the Leased Premises. In the event that Lessee is in <br />default under this Lease and the Lease is terminated and Lessee fails to vacate the Leased <br />Premises, the City shall be entitled to recover all costs and expenses including reasonable <br />attorney’s fees incurred by the City in enforcing the terms of this Lease and regaining possession <br />of the Leased Premises. The reimbursement required under Paragraph 7 shall not apply. <br /> <br />16.Quiet Possession <br />. If Lessee shall pay promptly when due the rentals herein <br />agreed to be paid, and shall faithfully keep, abide by and be bound by the conditions and <br />agreements of this Lease and perform the covenants hereof, the City warrants to Lessee the quiet, <br />peaceful and undisturbed possession of the Leased Premises during the full term of this Lease, <br />except as otherwise provided herein, including Paragraph 6 hereof. <br /> <br />17.Attorneys’ Fees <br />. If any action at law or in equity shall be brought in court to <br />recover any rent under this rental agreement or for or on account of any breach of or to enforce <br /> 4 <br />
The URL can be used to link to this page
Your browser does not support the video tag.