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5.0. 6.0. EDSR 03-08-1999
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5.0. 6.0. EDSR 03-08-1999
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City Government
type
EDSR
date
3/8/1999
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• of any of the acts or omissions of the Sublessee, its agents, representatives, employees, <br /> customers, guests, invitees or other persons who are doing business with Sublessee or who are at <br /> the Subleased Premises with Sublessee's consent. Sublessee, for itself and its insurers, hereby <br /> further expressly waives all claims against Sublessor for any and all damages to persons or <br /> property caused by or resulting from any thing or circumstance. Sublessee agrees that said <br /> insurance policies shall contain waiver of subrogation rights against Sublessor. <br /> (10) Termination; Surrender of Subleased Premises. This Sublease shall terminate at <br /> the end of the term hereof or upon any default arising under the Prime Lease without the <br /> necessity of any notice from either Sublessor or Sublessee to terminate the Sublease. Sublessee <br /> hereby agrees that they will peacefully and quietly vacate and surrender the Subleased Premises <br /> to the Sublessor at the expiration of the term, in as good order and repair as required under this <br /> Sublease and the Prime Lease. It is further understood and agreed by and between the parties <br /> hereto that existence of this Sublease is dependent and conditioned upon the continued existence <br /> of the Prime Lease, and in the event of the cancellation or termination of said Prime Lease, this <br /> Sublease automatically shall be terminated. Sublessor shall have no liability to Sublessee due to <br /> the termination of the Prime Lease by reason of any default by Sublessee hereunder, by reason of <br /> any condemnation or destruction of the Subleased Subleased Premises, or by any other reason not <br /> within the control of Sublessor. <br /> (11) Sublease and Subletting. Sublessee may not assign this Sublease or sublet all or <br /> any part of the Subleased Premises. Sublessee may not pledge this Sublease, or allow any liens <br /> to be placed hereon, or suffer this Sublease or any portion thereof to be attached or taken upon <br /> execution. <br /> (12) Sublessor's Right to Cure Defaults. If Sublessee shall default in the observance or <br /> performance of any of Sublessee's covenants, agreements or obligations hereunder, Sublessor <br /> may, but it is not obligated, and without limiting any other remedy which Sublessor may have by <br /> reason of such default, cure the default and charge the cost thereof to Sublessee including, <br /> without limitation, reasonable attorney's fees. Sublessee shall pay the same within ten (10) days <br /> after receipt of an invoice therefore from Sublessor, together with interest thereon at the lesser of <br /> the rate of twelve percent(12%)per annum or the maximum rate allowed by law. <br /> Sublessor shall provide Sublessee written notice of Sublessors default under the Prime Lease. <br /> (13) Default by Sublessee. If Sublessee shall default in the payment of any installment <br /> of rent or other monies to be paid under this Sublease, or if Sublessee shall default in the <br /> observance or performance of any of Sublessee's other covenants, agreements or obligations <br /> hereunder, or if any proceeding is commenced by or against Sublessee for the purpose of <br /> subjecting the assets of Sublessee to any law relating to bankruptcy or insolvency, or for <br /> appointment of a receiver for Sublessee or for any of Sublessee's assets, or if Sublessee makes a <br /> general Sublease of Sublessee's assets for the benefit of creditors; then Sublessor, at its option, <br /> and subject to the right of a trustee in a bankruptcy proceeding to assume the Sublease, may <br /> terminate this Sublease, may reenter the Subleased Premises and remove all persons and property <br /> therefrom, and have, regain and enjoy possession of the Subleased Premises and, in addition, <br /> eda/doc/wateleas 4 <br />
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