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Res 1999-203
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Res 1999-203
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9/6/2006 1:33:20 PM
Creation date
9/6/2006 1:32:11 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Lease
Number
1999-203
Date
10/11/1999
Volume Book
138
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<br />Premises, or notice (written or oral) to vacate the Premises or notice of liability for <br />Lessor's attorney's fees prior to Lessor's alteration of such locks or security devices or <br />institution of proceedings in forcible detainer other than as is required by the Texas <br />Property Code. In the event Lessor exercises its rights to alter the locks at the <br />Premises, Lessor shall only be required to provide Lessee with a new key during <br />lessor's regular business hours, provided that in no event shall Lessor be required to <br />provide Lessee a new key until such time as lessee cures all defaults under the Lease, <br />and if required by Lessor, Lessee increases the amount of the Security Deposit being <br />held hereunder by an amount as determined by Lessor. Lessee hereby waives (to the <br />extent legally permissible) any and all notices otherwise required under common law or <br />under the Texas Property Code, as same presently exists or may be hereafter <br /> <br />amended (or any subsequent similar statute relating to notice prior to instituting such <br />action or proceeding). To the extent of any inconsistency between this Lease and <br />provisions of Section 93.002 of the Texas Property Code (as it may be hereafter <br />amended or recodified), it is the agreement of the parties that this Lease shall prevail. <br /> <br />If Lessee should fail to make any payment or cure any Event of Default hereunder <br />within the time herein permitted, Lessor, without being under any obligation to do so <br />and without thereby waiving such default, may make such payment and/or remedy <br />such default for the account of Lessee (and enter the Premises for such purpose), and <br />thereupon Lessee shall be obligated to, and hereby agrees to pay Lessor, upon <br />demand, all costs, expenses and disbursements incurred by Lessor in taking such <br />remedial action. <br /> <br />In the event of termination of this Lease or of Lessee's right to possession of the <br />Premises or repossession of the Premises for an Event of Default, Lessor shall not <br />have any obligation to relet or attempt to relet the Premises, or any portion thereof, or <br />to collect rental after reletting (if any); but Lessor shall have the option to relet or <br />attempt to relet and in the event of reletting, Lessor may relet the whole or any portion <br />of the Premises for any period, to any tenant, and for any use and purpose. <br /> <br />In the event Lessor elects to terminate this Lease by reason of an Event of Default or in <br />the event Lessor elects to terminate Lessee's right to possession of the Premises <br />without terminating this Lease, Lessor may hold Lessee liable for all Rent and other <br />indebtedness accrued to the date of such termination, plus such Rent and other <br />indebtedness as would otherwise have been required to be paid by Lessee to Lessor <br />during the period following termination of the Term (or Lessee's right to possession of <br />the Premises, as the case may be) measured from the date of such termination by <br />Lessor until the date which would have been the date of expiration of the Term, as <br />stated herein (had Lessor not elected to terminate the Lease or Lessee's right to <br />possession on account of an Event of Default), diminished by any net sums thereafter <br />received by Lessor through reletting the Premises during said period (after deducting <br />expenses incurred by Lessor as provided in the succeeding paragraph). Actions to <br />collect amounts due by Lessee provided for in this paragraph may be brought from time <br />to time by Lessor during the aforesaid period, on one or more occasions, without the <br />necessity of Lessor's waiting until expiration of such period; and in no event shall <br />Lessee be entitled to any excess rent (or rent plus other sums) obtained by reletting <br />over and above the Rent herein reserved. <br /> <br />In case of an Event of Default, Lessee shall also be liable for and shall pay to Lessor, in <br />addition to any sum provided to be paid above, broker's fees incurred by Lessor in <br />connection with reletting the whole or any part of the Premises, the costs of removing <br />and storing Lessee's and other occupant's property, the costs of repairing, altering, <br />remodeling or otherwise putting the Premises into condition acceptable to a new tenant <br />or tenants, and all reasonable expenses incurred by Lessor in enforcing Lessor's <br />remedies. Lessor agrees to mitigate all losses to the extent possible. <br /> <br />12 <br /> <br />Lessee tt <br />Lessor KL-f,J <br />
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