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AG 1998 11 16
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AG 1998 11 16
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Last modified
3/25/2002 6:09:44 PM
Creation date
11/27/2017 11:52:51 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
11/16/1998
Board
Board of Commissioners
Meeting Type
Regular
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26. Zoninq. If, during the Term of this Lease, Tenant <br />applies for consents, permits and licenses in connection with <br />the construction or operation of the Protect or deems it <br />necessary to seek any changes in the zoning classification <br />applicable to the Demised Premises, then Tenant shall bear the <br />expense of procuring such consents, permits and licenses and <br />seeking any such change or changes in zoning classification, <br />but Landlord agrees to fully and promptly cooperate, at no <br />out-of-pocket expense to Landlord, with Tenant in obtaining <br />any such change or changes. <br /> <br /> 27. Recordinq. Landlord and Tenant agree that a <br />memorandum of this Lease and the appointment of Tenant as <br />Landlord's attorney-in-fact for the limited purposes stated <br />herein will be recorded in. the Cabarrus County Public <br />Registry, but that this Lease itself will not be so recorded. <br /> <br /> 28. Brokeraqe Fees. Landlord and Tenant warrant to <br />each other that no real estate broker or other person will <br />claim a commission fee or other compensation in connection <br />with this Lease. Should any claim for commission be <br />established, the parties hereby expressly agree to hold each <br />other harmless with respect thereto (including costs of <br />reasonable attorneys' fees) to the extent that one or the <br />other is shown to have been responsible for the creation of <br />such claim. <br /> <br /> 29. Transfer of Landlord's Interest. In the event of <br />the sale, assignment or transfer by Landlord of its interest <br />in the Demised Premises and/or in this Lease (other than a <br />collateral assignment to secure a debt of Landlord) to a <br />successor in interest (who must expressly assume the <br />obligations of Landlord hereunder), Landlord shall be released <br />or discharged from all of its covenants and obligations <br />hereunder, except such obligations as shall have accrued prior <br />to any such sale, assignment or transfer; and Tenant agrees to <br />look solely to such successor in interest of Landlord for <br />performance of such obligations. Tenant shall thereafter <br />attorn and look solely to such assignee, as Landlord, provided <br />Tenant has first received written notice of such assignment of <br />Landlord's interest. <br /> <br /> 30. Gender, Sinqular and Plural. As used herein, the <br />neuter gender includes the' feminine and masculine, the <br />masculine includes the feminine and neuter, and the feminine <br />includes the masculine and neuter, and each includes a <br />corporation, partnership or other legal entity when the <br />context so requires. The singular number includes the plural, <br /> <br />16 <br /> <br /> <br />
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