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AG 2005 07 14
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AG 2005 07 14
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Last modified
3/3/2006 8:35:25 AM
Creation date
11/27/2017 11:35:53 AM
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Meeting Minutes
Doc Type
Minutes
Meeting Minutes - Date
7/14/2005
Board
Board of Commissioners
Meeting Type
Regular
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<br />monthly installment of rental hereunder shall not be a waiver of any other rental <br />hereunder then due. <br /> <br />If Lessee shall default in fulfillment of any ofthe covenants of conditions of this <br />Lease (other than the covenants for the payment of rental or other amounts) and any such <br />default shall continue for a period of thirty (30) days after written notice from Lessor to <br />Lessee, the Lessor may, at Lessor's option, terminate this Lease by giving Lessee notice <br />of such termination and, thereupon, this Lease shall expire as fully and completely as if <br />that day were the date definitely fixed for the expiration of the terms of this Lease, and <br />Lessee shall then quit arid surrender the Premises, provided, however, if any such default <br />requires more than thirty (30) days to remedy and Lessee is proceeding to cure such <br />default, Lessor shall not be entitled to terminate this Lease on account of such default <br />unless Lessee fails to commence curing such default promptly and/or fails to prosecute <br />the curing of such default to completion diligently. <br /> <br />16. Condemnation: If the whole ofthe Premises shall be taken or condemned in <br />any eminent domain, condemnation or like proceeding by any competent authority for <br />any public or quasi-public use or purpose (including, for the purposes of this Section, <br />any voluntary conveyance in lieu of such proceedings or if this portion thereof shall be <br />taken or condemned as to make it unreasonable to use the remaining portion for the <br />conduct of Lessee's business, then in any of such events, the term of this Lease shall <br />cease and terminate as of the date of such taking or condemnation, and any award for <br />such taking or condemnation shall belong to the Lessor provided, however, that Lessee <br />shall have the right to claim and recover from the condemning authority, but not from <br />Lessor, such compensation as may be separately awarded or recoverable by Lessee in <br />Lessee's own right on account of any and all damages to Lessee by reason of the <br />condemnation and for or on account of any cost or loss to which Lessee might be put in <br />removing Lessee's property, furniture, fixtures, leasehold improvements, and <br />equipment. Notwithstanding the earlier termination, the Lessee shall continue to pay the <br />rent hereunder and to make all payments required hereunder until such time as the <br />Lessee vacates the Premises or shall be required to surrender possession of the Premises <br />as a consequence of sucl1 taking or condemnation <br /> <br />If only a part of the Premises shall be taken or condemned and the taking or <br />condemnation of such part does not make it unreasonable to use this remainder for the <br />conduct of Lessee's intellded use, this Lease shall not terminate. In such event, the entire <br />award shall belong to the Lessor and out of the award to be reasonably necessary to <br />repair any damage to the building and other improvements to the Premises or to alter or <br />modify them so as to render them a complete and satisfactory architectural unit <br />(including parking facilities) shall be expended by Lessor for that purpose. <br /> <br />17. Failure to Perform Covenant: Any failure on the part of either party to this <br />Lease to perform any obligation hereunder, and any delay in doing any act required <br />hereby shall be excused if such failure or delay is caused by any strike, lockout, <br />governmental restriction or any other similar cause beyond the control of the party so <br /> <br />G~1 <br />
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