05-10-2021 Council Packet - Laserfiche WebLink

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No/100 Dollars ($2,400.00)per year; however, the increase for 2009 shall be prorated. Landlord and Tenant shall acknowledge in writing the Increased Rent Commencement Date, and Tenant shall pay the prorated increase in annual rent for 2009, based on the number of months from the Increased Rent Commencement Date through the end of 2009, within thirty (30) days after the written acknowledgement. Landlord and Tenant agree that the Agreement is hereby amended to delete the annual CPI increase in paragraph 2 of the Agreement. Commencing January 1, 2010, and each year thereafter, the revised annual rent shalibe increased by five percent(5%). 3. ASSIGNMENT. Paragraph 17 of the Agreement is hereby deleted in its entirety and is replaced with the following: This Agreement may be sold, assigned or transferred by the Tenant without any approval or consent of the Landlord to the Tenant's principal, affiliates, subsidiaries of its principal or to any entity which acquires all or substantially all of Tenant's assets in the market defined by the Federal Communications Commission in which the Property is located by reason of a merger, acquisition or other business reorganization. As to other parties, this Agreement may not be sold, assigned or transferred without the written consent of the Landlord, which such consent will not be unreasonably withheld, delayed or conditioned. No change of stock ownership, partnership interest or control of Tenant or transfer upon partnership or corporate dissolution of Tenant shall constitute an assignment hereunder. 4. RATIFICATION OF THE AGREEMENT. Except as specifically modified by this Amendment, the parties agree that all of the terms and conditions of the Agreement are in full force and effect and remain unmodified, and the parties hereby ratify and reaffirm the terms and conditions of the Agreement and agree to perform and comply with the same. In the event of a conflict between any term or provision of the Agreement and this Amendment, the terms and provisions of this Amendment shall control. In addition, except as otherwise stated in this Amendment, all initially capitalized terms will have the same respective defined meaning statedintheAgreement. All captions are for reference purposes only and shall not be used in the construction or interpretation of this Amendment. 5. ADDITIONAL CONDITIONS. This Amendment is also subject to the following conditions : A. Any change to the plans attached as Exhibit B-2 hereto must be approved byLandlord. B. Tenant shall maintain the fence described in Exhibit B-2 in good condition and shall repair the fence in a manner consistent with original design. C. Tenant shall keep the area within the fence free of noxious weeds and tall grass. MINC Navarre Amendment No.2 to Site Lease Agreement 1259062v1 2