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Res 2012-085
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Res 2012-085
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8/6/2012 8:30:50 AM
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8/2/2012 9:41:53 AM
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7. Quiet Enjoyment: Lessor does hereby represent to Lessee that it has good title to the <br />Property and does hereby covenant to provide Lessee quiet enjoyment of the Property <br />during the full term of this Lease, subject to the terms and conditions of the Permit and all <br />laws, rules, regulations and orders now or hereafter in effect applicable to the Property. <br />Lessee agrees to comply with all laws, rules, regulations and orders now or hereafter in <br />effect that are applicable to the Property. <br />8. Cooperation: Lessor will use its best efforts, take such actions and execute and deliver <br />such documents that Lessee deems reasonable necessary to more fully vest Lessee with <br />the Property and make effective all of the terms of this Lease. <br />9. Assignability: The Lessee shall have the ability to sublease or assign this Lease with <br />prior written consent of Lessor, which consent shall not be unreasonably withheld. <br />Provided, however, that any such sublease or assignment by Lessee shall not release <br />Lessee from its duties and obligations under this Lease. <br />10. Surrender of Leased Rights: Upon the termination of this Lease, Lessee shall relinquish <br />all claims to, and use of the Property. <br />11. Notice: Any notice to be given hereunder shall be given by placing the notice in United <br />States mail, certified or registered, properly stamped and addressed to the address shown <br />below or to such other address as the respective party may direct, in writing, to the other <br />party, by overnight delivery service or by personal delivery to such address. Notice shall <br />be deemed effective upon the placing in the mails, on the next business day following <br />delivery and acceptance for next day delivery by any overnight service, or upon actual <br />delivery if by personal delivery: <br />Lessor: City of San Marcos <br />Attn: Thomas P. Taggart <br />630 E. Hopkins <br />San Marcos, Texas 78666 <br />Lessee: Martin Marietta Materials Southwest, Inc. <br />8200 IH 10 West, Suite 600 <br />San Antonio, Texas 78230 <br />Attn: General Counsel <br />Martin Marietta Materials Southwest, Inc. <br />2710 Wycliff Road <br />Raleigh, NC 27607 <br />Attn: General Counsel <br />12. Default: If for any reason either of the parties fails to comply with any of the provisions <br />of this Lease, the non - defaulting party, at its election, may exercise all rights which may <br />
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