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01-12-1994 Council Agenda
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01-12-1994 Council Agenda
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then fixed for the payment of rent. If Landlord or Tenant is more than one (1) person, notice <br />need be sent to but one (1) tenant or one (1) Landlord, as the case may be. <br />ARTICLE XVII <br />ESTOPPEL CERTIFICATES <br />At any time and from time -to -time, the Tenant agrees upon request in writing from <br />landlord to execute, acknowledge and deliver to Landlord a statement in writing certifying that <br />this lease is unmodified and in full force and effect (or if there have been modifications, that the <br />same is in full force and effect as modified and stating the modifications) and the dates to which <br />minimum rent, percentage rent and other charges have been paid. <br />ARTICLE XVIII <br />TAXES <br />Landlord shall pay in the first instance all real property taxes, installments of special <br />assessments payable therewith and rental taxes on rentals levied during the term hereof upon the <br />rentals from the leased premises, and against the buildings and other improvements made upon <br />the shopping center. Provided, however, that Tenant shall reimburse Landlord for Tenant's <br />share of such payments of real property taxes and installments of special assessments within the <br />demised premises. Tenant's share of such costs shall be based on the ratio of the total square <br />footage of the leased premises bears to the total square foot rentable floor area of all buildings <br />and structures constituting a part of this shopping center except buildings separately taxes or <br />assessed for which such taxes and assessments are directly allocated to their tenants. Tenant <br />shall also reimburse Landlord for rental taxes, if any, paid by Landlord on rentals from the <br />leased premises. One - twelfth (1 /12th) of the amount due shall be payable on the first day of <br />each month and added to the monthly rental. This amount may be based on Landlord's <br />reasonable estimate until the actual tax amounts are available and when available, an adjustment <br />shall be made and any difference shall be payable based on the Tenant's actual share as <br />determined pursuant to the terms of Article I, Section 1. Tenant's share for the last year of the <br />lease term shall be equitably pro - rated. Tenant shall pay all personal property and similar taxes <br />on its property in the leased premises. <br />ARTICLE XIX <br />TENANTS' ASSOCIATION <br />Tenant agrees to designate a spokesperson that will be able to confer with other tenants <br />of the Premises and to make decisions relating to the Premises, including but not limited to the <br />reallocation of bingo session time. <br />sadofnwp \mkpicas.2 <br />16 <br />Page 29 <br />
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