Res 1990-122 - Laserfiche WebLink

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-3- 13. CONDEMNATION If all of the leased premises shall be taken under the right of eminent domain by any public authority having the right of condemnation, or if a portion of the leased premises is so condemned as will prevent the practical use of the leased premises for LESSEE'S purposes, this lease, and all obligations hereunder, shall terminate on the date title vests pursuant to such proceedings, unless earlier terminated as provided herein. 14. SUBLETTING, ASSIGNING LESSEE may not (except as hereinafter stipulated) assign this lease agreement and/or sublet the leased premises, or any part thereof, without in each instance obtaining the written permission of LESSOR . , however, LESSOR's permission shall not be unreasonably withheld. LESSEE may, without LESSOR'S permission, assign this lease and/or sublet the leased premises, or any part thereof, to an affiliated, subsidiary, or reorganized corporation of LESSEE, for the purpose of continued operation hereunder of the business conducted on said leased premises in substantially the same manner as before. No assignment or subletting shall relieve LESSEE of the obligations imposed upon it by the terms of this lease. 15. HOLDING OVER If LESSEE remains in possession of the leased premises after the expiration of this lease, and without the execution of a new lease, it shall be deemed to be occupying the premises as a tenant from month-to-month, subject to all the conditions, provisions, and obligations of this lease at a rental equivalent to the last monthly rental payment made by LESSEE prior to the expiration of this lease, all other terms and conditions of this lease remaining the same. 16. RELATIONSHIP Nothing contained herein shall be deemed or construed by the parties hereto, or by any third party, as creating the relationship of principal and agent or of partnership or of joint venture between the parties hereto. It is understood and agreed that neither the method of computation of rent, nor any other provision contained herein, nor any acts of the parties hereto, creates a relationship other than the relationship of LESSOR and LESSEE. 17. UTILITIES LESSEE agrees to pay all electricity, water, gas, telephone and other utilities, as determined by separate meters and telephone service for LESSEE'S space and use, and all taxes on equipment or property belonging to, or owned by it, located upon the above-described premises. The LESSOR shall ensure that the electrical installation and wiring meet applicable state and local laws, ordinances, regulations and standards and that electrical outlets be properly spaced, in accordance with said standards, to afford maximum use of the office space. 18. DEFAULT A. If any default of LESSOR regarding LESSOR'S obligation to make roof repairs under Paragraph 10 hereunder shall continue uncorrected for ten (10) days after written notice thereof from LESSEE; or B. If LESSOR shall not commence to correct any default on the part of LESSOR regarding LESSOR'S other obligations to repair under Paragraph 10 hereunder before the expiration of thirty (30) days after written notice thereof from LESSEE; or C. If LESSOR shall not, after the commencement of such repairs, diligently prosecute the same to completion, LESSEE may, at any time thereafter during the continuance of such default, if LESSEE elects but LESSEE shall not be under any obligation to do so, make repairs necessary to remedy the condition explained in