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Res 1992-139
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Res 1992-139
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7/12/2007 2:05:04 PM
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7/12/2007 2:05:04 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1992-139
Date
11/9/1992
Volume Book
108
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<br /> ('JJfM <br /> reasonable diligence and at its sole cost and expense to <br /> rebuild, repair and restore its signs, fixtures, equipment and <br /> any other work necessary to open the Leased Premises for <br /> business. <br />11. 4. During any period of reconstruction or repair of the Leased <br /> Premises, this Lease shall continue in full force and effect <br /> except that the fixed rental shall be abated for the length of <br /> time necessary for the reconstruction or repairs in proportion <br /> to the amount of floor area of the Leased Premises rendered <br /> unusable, but there shall be no abatement of any other amounts <br /> payable by Lessee under the terms hereof. <br />11. 5. Any insurance against casualty loss which may be carried by <br /> either Lessor or Lessee shall be under the soJ.e control of the <br /> party carrying such insurance and the other party shall have no <br /> interest in any proceeds of such insurance. Lessor and Lessee <br /> hereby expressly waive any cause of action or right of recovery <br /> which either of them may hereafter have against the other for <br /> any loss or damage to the leased premises or to the contents <br /> I <br /> thereof belonging to either contained in said premises caused by <br /> fire, explosion, or other risk covered by the Texas standard <br /> form of fire and extended coverage policy. <br /> ARTICLE XII. <br /> Assignment and Subletting <br />12.1. Lessee shall not assign or in any manner transfer this Lease or <br /> any estate or interest therein or sublet the Leased Premises or <br /> any part thereof without the prior written consent of Lessor. <br /> Consent by Lessor to one or more assignments or sublettings <br /> shall not operate as a waiver of Lessor's rights as to any <br /> subsequent assignments and sublettings. Notwithstanding any <br /> assignment or subletting, Lessee shall at all times remain fully <br /> responsible and liable for the payment of the rent herein <br />'-- <br /> specified and for compliance with all of its other obligations <br /> under this Lease. <br />12.2. In the event of the transfer and assignment by Lessor of its <br />-13- <br />
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