Res 2010-122 - Laserfiche WebLink

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be completed on or before Januar 1, 2011 except as allowable under Para 3B of the Lease A Completion shall be deemed to have occurred when Landlord has received all approvals from the Cit of San Marcos indicatin that the demolition is properl completed and the lot properl cleared and cleaned under applicable codes and an applicable TCEQ approvals, clearances and permits. Thereafter, Landlord shall continue to compl with the re of the TCEO DRCP throu the duration of the lease term. 1.4 Default. Tenant ma declare a default and seek reimbursement of all or an portion of the Chapter 380 g rant funds paid to Landlord if Landlord fails, refuses or ne to compl with the re of para 1.3, or made or makes an representation relied upon b Tenant in connection with this Lease A that is false or misleadin The remedies in this para are in addition to an other relief to which Tenant ma be entitled under the terms of this Lease A or under applicable laws. 2. Contin Landlord is currentl Bu in an executor purchase contract for the Leased Premises. Hence, this Lease A is contin upon Landlord closin on the purchase of said Leased Premises no later than November 1, 2010. If Landlord has not closed on the Leased Premises in advance of November 1, 2010, Landlord shall notif Tenant and this Lease A and all related Addenda shall become null and void. Landlord reserves the ri to terminate its executor purchase contract for the Leased Premise for an reason permissible under said executor purchase contract. Tenant's obli under this Lease A are further contin upon Landlord properl completin all demolition activities re under the Lease A and this addendum. This Para supersedes all others sections of this Lease A includin an incorporated addenda. 3. Commencement Date: The portion of Para 3A of the Lease A that references "See Addendum A"' shall read as follows.* "30-da after the completion of the demolition of existin improvements as described in Para A ( 1 ) of the Commercial Leasehold Construction Addendum (Landlord to Complete Construction) to the Lease A and not later than Januar 1, 2011, except as allowable under Para 313 of the Lease A Further, upon the completion of the demolition of existin improvements as described in Para A(1 of the Commercial Leasehold Construction Addendum (Landlord to Complete Construction), Landlord and Tenant shall ratif the specific Commencement and Expiration Dates of the Lease A in writin to be incorporated as part of this Lease. 4. Lease Extension: After the initial lease term, the term ma be extended on a y ear-to- y ear basis provided ninet (90) da written notice to Landlord from Tenant, sub to Landlord approval which it ma withhold for an reason. The Base Rent Rate durin an subse extension term will be ad to reflect an chan in the Consumer Price Index for "All Urban Consumers, U.S. Cit Avera All Items", issued b the Bureau of Labor Statistics of the U.S. Department of Labor. The Ad will be determined b multipl the Lease Rate for the last month of the initial lease term b the followin fraction.- ( i) the numerator will be the published index number for Januar in the y ear the additional term commences; and (ii) the denominator will be the published index number for Januar 2011. Pa 2 of 5 Inifialed for Idenfificafion b Tenant: 61t.1 1 , and Landlord: