CC PACKET 06271995 - Laserfiche WebLink

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• purchases subject to Subparagraph 5.12 below, and all of the same shall be the sole property of Owner. Operator shall conduct inventories of the Operating Assets at least annually and shall furnish Owner with copies of such inventories. 5.04 Insurance. Operator shall obtain and maintain on behalf of Owner the policies of insurance specified in Paragraph 7 hereof. 5.05 Compliance With Laws. Regulations and Insurance: Licenses and Permits. Operator shall operate the Food Service in compliance with all applicable statutes, laws, ordinances, rules and regulations of any governmental or quasi-governmental authority having jurisdiction over the Food Service or the Premises or any part thereof. Operator shall also procure and maintain at all times during the Term,,at Owner's expense, all licenses, permits and approvals of any governmental or quasi- governmental authority required in connection with the operation of the Food Service. Operator shall at all times operate and maintain the Food Service in strict compliance with all conditions, requirements, rules, and provisions relating to any and all such licenses, permits and approvals. Operator will not commit or permit any act or omission which results in the violation of any law, governmental regulation or insurance policy of Owner relating to the Building or which will increase Owner's insurance rates on the Building. • 5.06 Ice and Snow: Utilities. Owner agrees to keep the sidewalks bordering on the Premises at all times reasonably free from ice and snow and other obstructions. Operator agrees to neither waste nor misuse water, electricity, gas, steam, or other utilities or agencies which are or may be furnished by Owner. 5.07. Si ns. Operator shall not erect or permit to be erected any sign on the Premises or on the exterior of the Premises without the prior written consent of Owner, which.consent may be arbitrarily withheld. Operator shall not place or permit to be placed in any portion of the Premises any fixtures, equipment or materials the weight of which is in excess of the reasonable or safe carrying capacity of the Building. 5.06 Taxes and Tax Returns. (a) Operator shall prepare and file all necessary returns, reports and forms required by law in connection with unemployment insurance, social security taxes, worker's compensation insurance, disability benefits, federal and state income tax withholding and other similar taxes and returns and reports required by any federal, state or municipal authority which arise from the operation of the Food Service by Operator (other than income, use and personal or real property tax returns of Owner) and pay or make all deposits required for such taxes. -5-