My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
11-10-1997 Council Packet
Orono
>
City Council
>
1997
>
11-10-1997 Council Packet
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/1/2023 10:27:45 AM
Creation date
8/1/2023 10:24:26 AM
Metadata
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
357
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).
Show annotations
View images
View plain text
r <br />18. <br />19. <br />20. <br />21. <br />Tenant may assign its interest to its parent company, any subsidiary or affiliate of it or <br />its parent company or to any successor-in-interest or entity acquiring fifty-one percent <br />(51%) or more of its stock or assets, subject to any financing Agreement upon written <br />notice to Landlord, subject to the assignee assuming all of Tenant’s obligations herein, <br />including but not limited to, those set forth above. Notwithstanding anything to the <br />contrary contained in this Lease, Tenant may assign, mortgage, pledge, hypothecate or <br />otherwise transfer without consent its interest in this Lease to any financing entity, or <br />agent on behalf of any financing entity to whom Tenant (i) has obligations for <br />borrowed money or in respect of guaranties thereof, has obligations under or with <br />respect to letters of credit, bankers acceptances and similar facilities or in respect of <br />guaranties thereof. <br />Utility Service . Tenant agrees to timely pay for and install all required utility services <br />and meters. Payment for electric and/or telephone service for Tenant’s Antenna <br />Facilities shall be Tenant’s responsibility without any adjustment to rent. The <br />Landlord shall not be responsible for any damages which occur as a result of <br />interruption of utility services. Installation of utility services are subject to City <br />approval as to siting. <br />Condemnation. In the event the whole of the Leased Premises is taken by eminent <br />domain, this Lease shall terminate as of the date title to the Leased Premises vests in <br />the condemning authority. In event a portion of the Leased Premises is taken by <br />eminent domain, either party shall have the right to terminate this Lease as of said <br />date of title transfer, by giving thirty (30) days’ written notice to the other party. In <br />the event of any taking under the power of eminent domain. Tenant shall not be <br />entitled to any portion of the reward paid for the taking and the Landlord shall receive <br />full amount of such award. Tenant hereby expressly waives any right or claim to any <br />portion thereof. Although all damages, whether awarded as compensation for <br />diminution in value of the leasehold or to the fee of the Leased Premises, shall belong <br />to Landlord, Tenant shall have the right to claim and recover from the condemning <br />authority, but not from Landlord, such compensation as may be separately awarded or <br />recoverable by Tenant on account of any and all damage to Tenant’s business and <br />Tenant Facilities and any costs or expenses incurred by Tenant in moving/removing its <br />equipment, personal property. Antenna Facilities, and leasehold improvements and <br />Tenant shall receive the full amount of such reward. <br />Default. Except as expressly limited hereby. Landlord and Tenant shall have such <br />remedies for the default of the other party hereto as may be provided at law or equity <br />following written notice of such default and failure to cure the same within thirty (30) <br />days. <br />Notices. All notices hereunder must be in writing and shall be deemed validly given <br />if delivered personally or if sent by certified mail, return receipt requested, addressed <br />082/22147604 11/7/97
The URL can be used to link to this page
Your browser does not support the video tag.