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Agenda Packets - 2020/11/09
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Agenda Packets - 2020/11/09
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Last modified
1/28/2025 4:51:01 PM
Creation date
11/10/2020 3:07:47 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
11/9/2020
Supplemental fields
City Council Document Type
City Council Packets
Date
11/9/2020
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DRAFT <br />be deemed abandoned, and Tenant shall be liable for all costs of removal and Tenant shall <br />indemnify, defend and hold Landlord harmless from any cost or liability due to disposition of <br />any property in the Premises in which a person other than Tenant has an interest. Should Tenant <br />fail to surrender the Premises in the condition required by the Lease, Landlord shall be entitled to <br />take whatever steps may, in Landlord's sole discretion, be required to restore the Premises to <br />said condition and Tenant agrees that it shall pay to Landlord all costs incurred by Landlord in so <br />restoring the premises. <br />Should Tenant continue to occupy the Premises, or any part thereof, after the expiration <br />or termination of the Term, whether with or without the consent of Landlord, such tenancy shall <br />be from month to month and Tenant shall pay Landlord the (i) the rent last in effect plus 3 <br />percent, for the first six months of any such period of holding over and (ii) following such six <br />month holdover period rent shall continue until a new rental rate is agreed upon. <br />24. LANDLORD REPRESENTATIONS: <br />Landlord agrees to be bound by the terms and conditions of this Lease. <br />25. MISCELLANEOUS: <br />(a) The captions in this Lease are for convenience only and are not a part of <br />this Lease. <br />(b) If more than one person or entity shall sign this Lease as Tenant, the <br />obligations set forth herein shall be deemed joint and several obligations of each such party. <br />(c) Time is of the essence. <br />(d) If any provision of this Lease is invalid or unenforceable to any extent, <br />then such provision and the remainder of this Lease shall continue in effect and be enforceable to <br />the fullest extent permitted by law. <br />(e) This Lease contains the entire agreement of the parties hereto with respect <br />to the Premises and Building. This Lease may be modified only by a writing executed and <br />delivered by both parties. <br />(f) Nothing contained in this Lease shall be deemed or construed to create a <br />partnership or joint venture of or between Landlord and Tenant, or to create any other <br />relationship between the parties other than that of landlord and tenant. <br />(g) This Lease shall be binding upon and inure to the benefit of the parties <br />hereto and, subject to the restrictions and limitations herein contained, their respective heirs, <br />successors and assigns. <br />(h) This is governed by and shall be construed according to the laws of the <br />State of Minnesota. <br />13 <br />MU210-35-681286.v2 <br />
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