CC PACKET 10131987 - Laserfiche WebLink

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• restaurant in a first-class manner, consistent with normal restaurant standards and practices. Lessor agrees' that .Lessee may use Lessor's table and seating area in the Building in common with Lessor's use of such area in conjunction with Lessor's operation of a bar in the Building. Lessee agrees that all liquor and soft drinks other than coffee, tea and milk will be served from Lessor's bar and that all revenues relating to the sale of such beverages will belong to Lessor. Lessee agrees that no cigarettes will be sold by Lessee. And Lessee agrees to and with said Lessor to pay Lessor as rent for the above mentioned premises the sum of Fifty-Eight Thousand Dollars ($58,000.00) in monthly payments, subject to increases provided hereinafter, in fifty-eight (58) consecutive monthly payments of One Thousand Dollars ($1,000.00) , commencing on the day - of , 198 and on the day of each and every month thereafter for and during the full term of this Lease, at - the office of the -Lessor as designated from time to time. That Lessor hereby waives the payment of all rents for the first sixty (60) calendar days in which Lessee occupies said premises. Lessee shall occupy the demised premises and commence oper.atio.n of the restaurant business on a date no later than sixty (60) days after possession of the demised premises is tendered 'by Lessor to Lessee for Lessee to commence the installation of its trade-fixtures and equipment. The rent will be waived for sixty (60) days following the earlier of (a) Lessee's occupancy of the premises for restaurant purposes or (b) a date sixty (60) days after possession of the premises is tendered. by. Lessor to Lessee. Notwithstanding anything herein contained to the contrary, -the said sixty (60) day period shall commence . no earlier than November 15, 1987. • -2-