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6.0. EDSR 05-11-1998
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6.0. EDSR 05-11-1998
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type
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date
5/11/1998
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• (14) Security Interest. Sublessor shall have a security interest in all trade fixtures, <br /> exterior signs, floor coverings, or drapes, or any other equipment or property owned by Sublessee <br /> and installed on the Subleased Premises, for rent and other sums which may become due <br /> Sublessor, or upon any default, under this Sublease and the Prime Lease. Sublessee agrees to <br /> execute such UCC filings as Sublessor may require as necessary to perfect such security interest. <br /> (15) Expenses and Attorney's Fees. Sublessee shall pay to Sublessor within ten (10) <br /> days after receipt of an invoice therefore an amount equal to any costs, legal or otherwise, <br /> including attorney's fees, incurred by Sublessor in protecting Sublessor's interest in the <br /> Subleased Premises or in enforcing Sublessor's rights under this Sublease, whether or not a <br /> lawsuit is involved. <br /> (16) Relocation. In the event that the Landlord exercises its rights, if any under the <br /> Prime Lease to relocate the Subleased Premises, then Sublessor shall have the same right to <br /> relocate the Subleased Premises. <br /> (17) Notice. Any notices or demands (not to include invoices) permitted or required <br /> hereunder shall be deemed given or made if, and shall not be deemed to have been delivered or <br /> made unless, in writing and delivered personally or deposited in the United States mails, <br /> registered or certified,postage prepaid, addressed to Sublessor and Sublessee jointly as follows: <br /> • If to Sublessor: City of Elk River Economic Development Authority <br /> Elk River City Hall <br /> P.O. Box 490 <br /> Elk River, Minnesota 55330-0490 <br /> Attention: Paul Steinman <br /> If to Sublessee: <br /> which addresses may be changed from time to time by notice as above provided. Sublessee <br /> agrees to furnish Sublessor immediately upon Sublessee's receipt thereof any and all <br /> communications received by Sublessee from the Landlord under the Prime Lease. Sublessee <br /> further agrees to give Sublessor concurrent notice of any notice or demand given to said <br /> Landlord. <br /> (17) Relationship of the Parties. This Sublease does not and shall not create the <br /> relationship of principal and agent, or of partnership, or of joint venture, or of any other <br /> association between Sublessor and Sublessee, the sole relationship between the parties hereto <br /> being strictly Sublessor and Sublessee. <br /> • <br /> eda/doc/maslease 5 <br />
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