My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
AG 2010 04 19
CabarrusCountyDocuments
>
Public Meetings
>
Agendas
>
BOC
>
2010
>
AG 2010 04 19
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/21/2010 8:50:26 AM
Creation date
11/27/2017 11:22:21 AM
Metadata
Fields
Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
4/14/2010
Board
Board of Commissioners
Meeting Type
Regular
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
168
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
way attributable to any such act, omission or neglect of any kind or nature. Subtenant, its agents, <br />employees or invitees and their respective officers, directors and shareholders and employees shall not <br />be liable to Sublessor or to Sublessor's employees, agents, or invitees for any damage to person or <br />property caused solely and exclusively by any act, omission or neglect of Sublessor, its employees or <br />agents and Sublessor agrees to indemnify and hold harmless Subtenant from all claims for such claims. <br />17. Casual If the Building or any systems serving the Building or the Premises are damaged by fire <br />or other casualty, Sublessor shall, within forty five (45) business days of such casualty, notify Subtenant <br />(the "Sublessor's Notice") whether or not in the reasonable determination of Sublessor, the damage can <br />be repaired within 180 days of such notice (the "Restoration Period"). If repairs and restoration cannot <br />be completed within the Restoration Period either party may, at its option, within 90 days of receipt of <br />the Landlord's Notice, terminate this Sublease effective as of the date of the other party's receipt of such <br />notice of termination (but Subtenant shall be afforded a reasonable period of time (not to exceed 30 <br />days) to vacate the Premises) and all Rent, Additional Rent or other sums due, abated in proportion to <br />the portion of the Premises rendered unsuitable for use as provided below, shall be prorated as of that <br />date. If the repairs and restoration can be accomplished within the Restoration Period, or if the repairs <br />cannot be done within the Restoration Period and neither party chooses to terminate this Sublease, <br />Sublessor shall, within 30 days after the date of Sublessor's Notice, commence the repairs and <br />restoration and proceed with all due diligence to restore the Building or the Premises to substantially the <br />same condition in which it was immediately prior to the happening of the casualty. As soon after <br />Sublessor commences the repairs and restoration as is practical, Subtenant shall commence and pursue <br />to completion the repair and restoration or replacement of Subtenant's fixtures and personal property. <br />Each party shall proceed with their respective work in a timely and diligent manner using the same or <br />better quality materials as existing prior to the casualty, and they shall use their best efforts not to <br />interfere with, annoy or inconvenience the other party. For such period of time as Subtenant cannot <br />conduct its business from the Premises in a reasonable, prudent and businesslike manner as a result of <br />the condition of the Building or Premises, the services to the Building, or caused by an interruption <br />thereof because of reconstruction activities, all Rent and Additional Rent shall abate. To the extent and <br />during the time that only a portion of the Premises is tenantable and to the extent that Subtenant is able <br />to conduct its business therefrom in a reasonable, prudent and businesslike manner, Subtenant shall <br />receive a fair diminution of Rent based on an estimated percentage of unusable space in the Premises. <br />In the event Sublessor fails to deliver to Subtenant a Landlord's Notice within the required 45 business <br />day period as to whether or not the damage can be repaired within the Restoration Period, Tenant shall <br />have the right any time after the expiration of the 45 business day notice period to terminate this Lease <br />as of the date of the casualty. <br />18. Condemnation. If (i) all or a substantial portion of the Building or the Premises, and/or (ii) so much <br />of the parking area, means of access, or the Land such that the remaining portion(s) materially and <br />adversely affect Subtenant's use, is taken for any public or quasi-public use by right of eminent domain <br />or otherwise (including a sale in lieu of condemnation), such that Subtenant can no longer conduct its <br />business at the Premises on a reasonable and prudent basis, Subtenant may terminate this Sublease by <br />giving written notice of termination to Sublessor within 90 days after such taking. In such event, this <br />Sublease shall terminate as of the date of such taking (but Subtenant shall be afforded a reasonable <br />period of time (not to exceed 30 days) to vacate the Premises). All proceeds from any taking or <br />condemnation of the Building, Land and/or Premises shall belong to and be paid to Sublessor. Nothing <br />Page 5 of 9 <br />F-5 A~~cti~ng~ number 1 <br />
The URL can be used to link to this page
Your browser does not support the video tag.