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10-28-1996 Council Packet
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10-28-1996 Council Packet
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In the event of such termination by Lessee, Lessor will have the following options <br />(1) to have the remaining structure(s) removed from the demised premises by Lessee and <br />the demised premises restored to the condition it existed prior to execution of this <br />Agreement, at Lessee’s sole expense. Should Lessor select this option, any available <br />insurance proceeds shall be available to Lessee to co\ er the costs incurred by Lessee in <br />performing its obligations hereunder; or (2) to release Lessee of any further obligations <br />under this Agreement and retain any insurance proceeds for use as determined by Lessor. <br />9. REDELIVERY OF PRF.lVfISF.<; <br />Lessee shall pay the rent and all other sums required to be paid by Lessee under <br />this Agreement in the amounts, at the times, and in the manner provided in this <br />Agreement, and shall keep and perform all the terms and conditions contained herein. At <br />the expiration or earlier termination of this Agreement. Lessee shall peaceably and quietly <br />quit and surrender to Lessor the premises in good order and condition subject to the other <br />provisions of this Agreement. <br />In the event of a non-performance by Lessee of any of the covenants of Lessee <br />undertaken in this Agreement, this Agreement may be terminated as provided elsewhere <br />in this instrument. <br />10. EFFECT OF LEvSSEE’S HOLDING OVER <br />Any holding over after the e.xpiration of the term of this Agreement, with the <br />consent of Lessor, shall be construed to be a tenancy from month-to-month, at a monthly <br />I
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