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10-08-2001 Council Packet
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10-08-2001 Council Packet
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or such purchaser or minsfcrcc) shall, within one hundred eighty (180) days after acquiring <br />Tenant’s interest in this Lease or the Development, cure all defaults susceptible of being <br />cured by such entity (or, if such cure would reasonably require more than op^ hundred eighty <br />(180) days and thereafter promptly, effectively and continuously proceed to cure such <br />default). Nothing in this Section shall affect Landlord’s right to enforce any remedy under <br />this Lease for an Event of Default e.xcept, so long as I lolder is in the process of curing such <br />Event of Default or foreclosing its Mortgage under this Section, the right to terminate this <br />Lease or Tenant’s right of possession of the Development. <br />9.6 Tenant shall indemnify Landlord against all costs and charges <br />(including reasonable legal fees) lawfully and reasonably incurred in enforcing pasTnent of <br />Rent, and in obtaining possession of the Development after an Event of Default of Tenant or <br />upt>n expiration or t.trlier termination of this Lease, or in enforcing any covenant, proviso or <br />agreement of Tenant contained in this Lease. Landlord shall indemnify Tenant against all <br />costs and charges (including legal fees) lawfully and reasonably incurred in cnibreing any <br />covenant, proviso or agreement of I.andlord contained in this Lease. <br />9.7 Waiver of Default. No failure or delay by Landlord or Tenant to insist on strict <br />perfonnance of any term of this Lease or to exercise any right, power, or remedy upon a <br />breach of this Lease shall constitute a waiver of such term or such breach. <br />9.8 Tenant’s Liability . Notwithstanding anything to the contrary provided in this <br />Lease, it is specifically understood and agreed, such agreement being a primars' consideration <br />for the execution of this Lease by Tenant, that (i) there shall be absolutely no personal <br />liability on the part of Tenant, or its officers, directors, members, employees and agents, to <br />Landlord with respect to any of the terms, covenants and conditions of this Lease, and <br />(ii) Landlord shall look solely to recovering possession of the Development Property in the <br />event of any breach by Tenant of any of the terms, covenants and conditions of this Lease to <br />be performed by Tenant. <br />ARTICLE 10 <br />MISCT LLANi:OCS <br />10.1 Relationship. Nothing contained in this Lease shall create any relationship <br />between the parties hereto other than that of lessor and lessee. Landlord and 1'cnant disclaim <br />an\ intention to create a joint venture, partnership or agency relationship. <br />10.2 Number and Gender. Ilie words "Landlord” and ’Tenant’* as used herein <br />includes the plural as well as the singular. The use of specific gender includes any other <br />gender as applicable. <br />10.3 Captions. The captions in this Lease arc for convenience only and shall have <br />no cffecT on the construction or interpretation of this Lease. <br />-12. <br />4
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