Res 1997-107 - Laserfiche WebLink

Home Browse Search

. . 7(P!< . - 17.6 Nothing contained shall be deemed or construed by the parties hereto, nor by any third party, as creating the relationship of principal and agent or of partnership or of joint venture between the parties, it being understood and agreed that neither the method of computation of rent, nor any other provision contained herein, not any acts of the parties, shall be deemed to create any relationship between the parties other than the relationship of Lessor and Lessee. 17.7 Lessee warrants that it has had no dealings with any broker or agent in connection with the negotiation or execution of this Lease and Lessee agrees to indemnify and hold Lessor harmless from and against any and all costs, expense or liability for commissions or other compensations and charges claimed by any other broker or agent with respect to this Lease. 17.8 Should Lessee fail to pay when due any rent or any other sum payable to Lessor under the terms of this Lease, then interest at the maximum legal rate then payable by Lessee in the State of Texas shall accrue from and after the date on which any interest shall be due and payable, and interest shall be paid by Lessee to Lessor at the time of payment of the sum upon which the interest shall have accrued. . . 17.9 The term "Lessor" means the owner of the Leased Premises. It is specifically understood and agreed that Lessor shall have no personal liability with respect to any of the covenants, conditions or provisions of this Lease. In the event of a breach or default by Lessor of any of its obligations under this Lease, Lessee shall look solely to the equity of Lessor in the Leased Premises for the satisfaction of Lessee's remedies, and Lessee shall have no right to seek, obtain or enforce a claim or judgment against Lessor for any deficiency remaining, following exhaustion of Lessor's equity in the Leased Premises. . ARTICLE 18. Notices 18.1 Wherever any notice is required or permitted, the notice shall be in writing. Any notice or document required or permitted to be delivered, whether actually received or not, shall be deemed delivered when deposited in the United States mail, postage prepaid, certified mail, retum receipt requested, addressed to the parties at the respective addresses set out below their names, or at other addresses as they have specified by written notice delivered in accordance with this Lease. Lessor: Lessee: City Manager Colonel Ray Farley CITY OF SAN MARCOS Civil Air Patrol, Inc. 630 East Hopkins Street 1915 Airport Drive San Marcos, Texas 78666 San Marcos, Texas 78666 12