|
workmanlike manner any building or other improvement ~;•hich may be constructed on the Real
<br />Property and promptly restore in like manner any portion of the Facility, if applicable, «hich may
<br />be damaged or destroyed thereon and pay when due all claims for labor performed and materials
<br />famished therefore, (vi) shall comply with al] laws, ordinances, regulations, requirements,
<br />covenants, conditions and restrictions no~v or hereafter affecting the Rea] Property and, if
<br />applicable, the Facility, or any part thereof or requiring any alterations or improvements thereto,
<br />(vii} shall not commit or permit any waste or deterioration of the Real Property and. if applicable,
<br />the Facility, (viii) shall keep and maintain abutting grounds, sidewalks, roads, parking and
<br />landscape areas in good and neat order and repair, (ix) shall comply with the provisions of any
<br />lease if the Public Entity's interest in the Real Property and, if applicable, the Facility, is a
<br />leasehold interest, (x) shall comply with the provisions of any condominium documents if t11e
<br />Real Property and, if applicable, the Facility, is part of a condominium regime, (xi) shall not
<br />remove any fixtures or personal property from the Real Property and, if applicable, the Facility,
<br />that was paid for with the proceeds of the Grant unless the same are immediately replaced with
<br />Iike property of at least equal value and utility, and (xii) shall not commit, suffer or pernlit any
<br />act to be do-ne in or upon the Real Property and, if applicable, the Facilit}~, in violation of any
<br />law, ordinance or regulation.
<br />Section 3.1 ~ Inspection of Facilittir. Upon reasonable request by the State Entity the
<br />Public Entity shall allow, and will require any entity to whom it leases, subleases, or enters into a
<br />Use Contract for any portion of the Real Property and, if applicable, the Facility to allow, the
<br />State Entity to inspect the Real Property and, if applicable, the Facility.
<br />Section 3.16 Applicability to Real Property and Facility. This Agreement applies to
<br />the Public Entity's present or future interest in the Real Prope::~~~ and if a Facility currently exists
<br />or will exist in the future the Facility. The term if applicable' appearing before t}te teen
<br />"Facility" is meant to indicate that the this Agreement will apply to a Facility if one exists, and if
<br />no Facility exists then this Agreement will only apply to the Public Entity's interest in the Real
<br />Property.
<br />Article IV
<br />EVENTS OF DEFAULT AND REMEDIES
<br />Section 4.01 Event(s) of Default. The following events shall, unless waived in writing
<br />by both the State Entity and the Commissioner of Finance, constitute an Event of Default under
<br />this Agreement upon either the State Entity or the Commissioner of Finance giving the Public
<br />Entity 30 days written notice of such event, and Public Entity's failure to cure such event during
<br />such 30 day time period for those Events of Default that can be cured within 30 days or within
<br />whatever time period is needed to cure those Events of Default that cannot be cured within 30
<br />days as long as the Public Entity is using its best efforts to .cure and is making reasonable
<br />progress in curing such Events of Default, however, in no event shall the time period to cure any
<br />Event of Default exceed 6 months. Notwithstanding the foregoing, any of the following events
<br />that cannot be cured shall, unless waived in writing by both the State Entity and the
<br />Commissioner of Finance, constitute an Event of Default under this Agreement immediately
<br />upon either the State Entity or the Commissioner of Finance giving the Public Entity written
<br />notice of such event
<br />Generic GO Grant Agreement 14
<br />for Pre-Design or Design Grans
<br />Ver - 7/30/03
<br />(Gott GO GA-PrDsgn Grnt)
<br />
|