2017.08.07 CC Packet - Laserfiche WebLink

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Within fifteen (15) days of obtaining an interest in the Property or this Agreement, any assignee(s), transferee(s) or other successor(s) in interest of LESSOR shall provide to LESSEE Rental Documentation in the manner set forth in the preceding paragraph. From time to time during the Term of this Agreement and within thirty (30) days of a written request from LESSEE, any assignee(s) or transferee(s) of LESSOR agrees to provide updated Rental Documentation in a form reasonably acceptable to LESSEE. Delivery of Rental Documentation to LESSEE by any assignee(s), transferee(s) or other successor(s) in interest of LESSOR shall be a prerequisite for the payment of any rent by LESSEE to such party and notwithstanding anything to the contrary herein, LESSEE shall have no obligation to make any rental payments to any assignee(s), transferee(s) or other successor(s) in interest of LESSOR until Rental Documentation has been supplied to LESSEE as provided herein. C. LESSOR shall, at all times during the Term, provide access to LESSEE for electrical service and telephone service within the Premises. LESSEE shall furnish and install an electrical meter at the Premises for the measurement of electrical power used by LESSEE's installation. All billing accounts for power service and phone service shall be set up by the LESSEE and be in the LESSEE's name. LESSEE shall be permitted at any time during the Term, to install, maintain and/or provide access to and use of, as necessary (during any power interruption at the Premises), a temporary power source, and all related equipment and appurtenances within the Premises, or elsewhere on the Property in such locations as reasonably approved by LESSOR. LESSEE shall have the right to install conduits connecting the temporary power source and related appurtenances to the Premises. d. The placement of the equipment cabinets, cables, and other equipment shall be subject to the prior approval of the LESSOR, such approval shall not be unreasonably withheld, conditioned or delayed. LESSEE shall be entitled to ingress, egress, and access from an open and improved public road and access path 24 hours a day, seven days a week, except in case of unforeseen emergency. LESSEE will not allow any mechanic's or materialmen's liens to be placed on the Property as a result of its work on the Property. e. LESSEE agrees that if its equipment produces noticeable noise levels that exceed noise regulations per the local ordinances and/or state laws, LESSEE will, at its own expense, install a noise buffer. f. LESSEE shall not interfere with LESSOR's use of the Property for water storage or water service purposes(interference with others to whom LESSOR has granted the use of,the Property is governed by Paragraph 14 below), and agrees to cease all such actions which unreasonably and materially interfere with the use thereof by LESSOR no later than three (3) business days after receipt of written notice of the interference from LESSOR. If the interference cannot be eliminated within thirty (30) days after LESSEE has received written notice, either LESSOR or LESSEE may, at its option, terminate this Agreement immediately. 4. EXTENSIONS. This Agreement shall automatically be extended for four (4) additional five (5) year terms unless LESSEE terminates it at the end of the then current term by giving LESSOR written notice of the intent to terminate at least nine (9) months prior to the end of the then current term. The annual rental shall be increased by two and one half percent (2.5%) each MIN Egg Lake Water Tower Lease Agreement 3640560v1 3