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CC PACKET 11221994
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CC PACKET 11221994
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Last modified
12/31/2015 8:17:11 AM
Creation date
12/30/2015 6:22:34 PM
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SP Box #
22
SP Folder Name
CC PACKETS 1994-1998
SP Name
CC PACKET 11221994
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City of St. Anthony <br /> • Lease Agreement for <br /> 2800 Kenzie Terrace <br /> Page 5 <br /> ARTICLE 10. ASSIGNMENT OR SUBLETTING. <br /> Tenant agrees to use and occupy the leased premises throughout the entire term hereof <br /> for the purpose or purposes herein specified, and for no other purposes, in the manner <br /> and to substantially the extent now intended, and not to assign this Lease or sublet said <br /> premises, or any part thereof, whether by voluntary act, operation of law, or otherwise, <br /> without obtaining the prior written consent of Landlord in each instance; Tenant shall <br /> seek such written consent by a written request therefor, setting forth such information <br /> as Landlord may desire. Landlord agrees not to withhold consent unreasonably. In the <br /> event that a bona fide sub-tenant or assignee is proposed to Landlord by Tenant, and <br /> Landlord cannot reasonably withhold consent to such proposed sub-tenancy or <br /> assignment, Landlord shall have the right, at Landlord's sole discretion, to terminate this <br /> lease upon thirty (30) days written notice to Tenant in lieu of consenting to such <br /> proposed sub-tenancy or assignment. Consent by Landlord to one assignment of this <br /> Lease or to one subletting of the leased premises shall not be a waiver of Landlord's <br /> rights under this Article as to any subsequent assignment or subletting. Landlord's <br /> rights to assign this Lease are and shall remain unqualified. <br /> ARTICLE 11. DAMAGE BY FIRE OR OTHER CASUALTY. <br /> If fire or other casualty shall render the leased premises untenantable, this Lease shall <br /> terminate forthwith, and any prepayments of rent shall be refunded by the Landlord pro- <br /> rate; provided, however, that if the premises can be repaired within ninety (90)'days <br /> from the date of such event, then at Landlord's option by notice in writing to Tenant <br /> mailed within thirty (30) days after such damage or destruction, this Lease shall remain <br /> in full force and effect, but the rent for the period during which the premises are <br /> untenantable shall be discounted pro-rata. <br /> ARTICLE 12. EMINENT DOMAIN. <br /> If such a portion of the leased premises are taken by any public authority under the <br /> power of eminent domain as to render the remaining portion unsuitable for the purposes <br /> intended hereunder, then the term of this Lease shall cease as of the day possession <br /> shall be taken by such public authority, and Landlord shall make a pro-rata refund of any <br /> rent that may have been paid in advance. All damages awarded for such taking under <br /> the power of eminent domain shall belong to and be the property of Landlord, <br /> irrespective of the basis upon which they are awarded. <br />
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