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Agenda - 8-18-14 Recessed Meeting
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Agenda - 8-18-14 Recessed Meeting
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8/13/2014 12:39:11 PM
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r <br />11. Utilities. All applications and connections for necessary utility services on the demised <br />Premises shall be made in the name of the Tenants only, and the Tenants shall be solely <br />liable for utility charges as they become due, including those for, electricity, security and <br />telephone /internet services. Tenants shall also be responsible for garbage removal <br />services and fees for his proportionate share of the Premises. Water and Sewer service <br />shall be made in the name of the Landlord, who shall bill each Tenant their share of the <br />cost based upon square footage. No service or other fees shall be added to the actual <br />cost of usage. <br />12. Possession. If Landlord is unable to deliver possession of the Premises at the <br />commencement hereof or a reasonable time thereafter, Landlord shall not be liable for <br />any damages caused thereby, but this Lease shall be voidable at the option of Tenants. <br />Tenants shall not be liable for any rent until possession is delivered. <br />13. Insurance. Each Tenant shall, at it's expense throughout the term of the lease, maintain <br />fire and extended coverage insurance for furniture, supplies and equipment. Tenants <br />shall maintain public liability insurance including bodily injury and property damage and <br />commercial general liability insurance on the premises. <br />Each Tenant shall provide Landlord with a Certificate of Insurance naming Landlord as <br />additional insured. The Certificate shall provide for a ten -day written notice to Landlord in <br />the event of cancellation or material change of coverage. <br />Landlord, at his expense, shall maintain insurance for the premises and building <br />improvements and shall provide Tenants with a Certificate of Insurance naming Tenants <br />as additional insured. The Certificate shall provide for a ten -day written notice to Tenants <br />in the event of cancellation or material change of coverage. <br />14. Signs. It is agreed that the Tenants may place or maintain in good condition and repair <br />any reasonable sign and may place or maintain in good condition and repair any <br />reasonable decoration, lettering or advertising matter on the glass of any window or door <br />of the Premises, in accordance with all applicable laws and regulations, with Landlord's <br />approval. <br />15. Destruction. If the Premises shall be damaged by the elements, unavoidable accident, <br />or other casualty, but are not thereby rendered untenantable in the whole or in part, <br />Landlord shall repair the damage and rent shall not be abated; however, if such damage <br />is caused by fire, Tenants, at their option, may cancel the lease and no further rent shall <br />be due. If the Premises are rendered untenantable only in part, Landlord shall repair the <br />damage with reasonable diligence, and the rent shall be abated proportionately as to the <br />portion of the Premises rendered untenantable until such time as the Landlord restores <br />such Premises to their renovated state as of the date of commencement in paragraph <br />one (1) of this Lease. <br />16. Condemnation. In the event eminent domain proceedings shall be instituted against <br />the Premises or the Building by any party, the Lease shall immediately terminate, no <br />further rent shall be due, and Tenants shall have 90 days to vacate. <br />17. Waste. Tenants shall not commit or suffer to be committed any waste upon the <br />Premises or any nuisance or other act or thing which may disturb the quiet enjoyment of <br />
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