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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 /> f7'1Q <br /> default, or that set forth in subparagraph (5) herein below, <br /> shall be as compensation for use and occupancy of the Leased <br /> Premises, and shall in no way constitute a waiver by Lessor <br /> of its right to exercise any of the hereinafter provided <br /> remedies upon the occurrence of any event of default. <br /> (5) A receiver or trustee is appointed for all or substantially <br /> all of the assets of Lessee. <br /> ( 6) Lessee deserts or vacates any substantial portion of the <br /> Leased Premise. <br /> Upon the occurrence of any of the events of default, Lessor <br /> shall have the option to pursue any one or more of the following <br /> remedies without any notice or demand whatsoever: <br /> (a) Terminate this Lease, in which ev~nt Lessee shall <br /> immediately surrender the Leased Premises to Lessor, and if <br /> Lessee fails to do so, Lessor may, without prejudice to any <br /> other remedy which it may have for possession or arrearages in <br /> rent, enter upon and take possession of the Leased Premises and <br /> expel or remove Lessee and any other person who may be occupying <br /> I <br /> the premises or any part thereof, by force if necessary, without <br /> being liable for prosecution or any claim of damages therefor; <br /> and Lessee agrees to pay to Lessor on demand the amount of all <br /> loss and damage which Lessor may suffer by reason of <br /> termination, whether through inability to relet the Leased <br /> Premises on satisfactory terms or otherwise. <br /> (b) Relet the Leased Premises and receive the rent thereof; <br /> Lessee agrees to pay to Lessor on demand any deficiency that may <br /> arise by reason of reletting. <br /> (C) Enter upon the Leased Premises, by force if necessary, <br /> without being liable for prosecution or any claim for damages <br /> therefore, and do whatever Lessee is obligated to do under the <br />: <br />- terms of this Lease¡ Lessee agrees to reimburse Lessor on demand <br /> for any expenses which Lessor may incur in effecting compliance <br /> with Lessee's obligation under this Lease, and Lessee further <br /> agrees that Lessor shall not be liable for any damages resulting <br /> -15- <br />
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