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Res 1989-049
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Res 1989-049
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Last modified
8/2/2007 3:52:48 PM
Creation date
8/2/2007 3:52:48 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Lease
Number
1989-49
Date
5/22/1989
Volume Book
95
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<br /> -8- <br /> The captions appearing at the beginning of each of the articles of <br />this lease agreement are for reference only and are not to be <br />considered a part of this lease agreement. <br /> This lease agreement shall be binding upon the heirs, devisees, <br />executors, administrators, successors in interest, and assigns of the <br />parties hereto. <br /> The terms "LESSOR" and "LESSEE" as used in this lease shall be <br />interpreted so as to include all of the LESSORS and LESSEES named in <br />the first paragraph hereof. If more than one party is named in said <br />paragraph, the obligations of said parties herein contained shall be <br />joint and several obligations. <br /> This contract constitutes the whole agreement between the parties. <br />There are no terms, obligations, covenants, or conditions other than <br />contained herein. No modification or variation thereof shall be deemed <br />valid unless evidenced by an agreement in writing. <br /> It is expressly stipulated that time shall be of the essence of <br />this lease agreement. <br /> Whenever a period of time is herein prescribed for action to be <br />taken by LESSOR or LESSEE, LESSOR and LESSEE shall not be liable or <br />responsible for, and there shall be excluded from the computation of <br />any such period of time, any delays due to strikes, riots, acts of God, <br />shortages of labor or materials, war, government laws, regulations, or <br />restrictions or any other causes of any kind whatsoever which are <br />beyond the reasonable control of LESSOR or LESSEE. <br /> This Lease shall be construed according to the laws of the State <br />of Texas, and all obligations of LESSOR and LESSEE under the terms of <br />this Lease shall be payable and performable in Coma I County, Texas. <br /> Should any provision of this Lease be held invalid or <br />unenforceable, the validity and enforceability of all remaini ng <br />provisions of this Lease shall not be affected thereby. <br /> If all of the premises shall be taken under the right of eminent <br />domain by any public authority having the right of condemnation, this <br />lease, and all obligations hereunder, shall terminate on the date title <br />vests pursuant to such proceedings, unless earlier terminated as <br />provided herein. <br />
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