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Res 2017-073/Berry Aviation lease
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Res 2017-073/Berry Aviation lease
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Last modified
6/16/2017 10:40:16 AM
Creation date
5/3/2017 4:09:49 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2017-73
Date
4/18/2017
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Lessor shall not be in default if Lessor commenced cure of the failure during such thirty <br />(30) day period and thereafter diligently and continuously pursues the cure to its <br />completion. <br />15.04. Lessee's Remedies. If a Lessor Default occurs, Lessee may at any time thereafter and prior <br />to the cure thereof do any one or more of the following: <br />a. Terminate this Lease. Lessee may tenninate this Lease by giving Lessor written <br />notice thereof, in which event this Lease and the leasehold estate hereby created <br />and all interest of Lessee and all parties claiming by, through or under Lessee shall <br />automatically terminate upon the effective date of such notice and, except for the <br />obligations of the parties which survive closing and Lessee's rights under b. below <br />(which shall survive termination), the parties shall have no further rights or <br />obligations hereunder; or <br />b. Other Remedies. Lessee may exercise any other right or remedy available to <br />Lessee under this Lease or under Applicable Law, except as expressly limited by <br />the terms of this Lease. <br />20 <br />
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