Orange County NC Website
fail to substantially comp7.ete the same within <br />said ninety (90) days, dua all.awance being made <br />fox delay due to practical. i.,-npassibility, either <br />LANDLORD or TE~dANT, by ~~rritten r_atiCe tv the other , <br />given within fifteer_ (15) days next follo*aing the _ <br />last day o~ said ninety (90) day period, nay ter-~ <br />urinate the TERM hereof as of the date of such fi;:< <br />or casualty. In the event of termination of the -. <br />TERT1 hereof pursuant to this paragraph, base, . <br />fixed, or guaranteed minimum RENT, if any, rese~:ve_. <br />hereunder shall be apportior_ed an a per diem basis <br />-and paid to the date of such fire or casualty, and <br />percentage REPJT, if any, shall be paid to the de.te <br />of termination. The right of terminatior. hexein <br />provided is separate and independent of any otc-er <br />provisions of this lease relative to termination.. <br />USE OF NAPS 20. TENANT shall not use oz permit others on its <br />APID PICTURES OF behalf to use the name of the PREMISES, the BUILD- <br />PREMISES, BUILD- ING, or the SHOPPING CENTER for any' purpose other <br />ING, OR SHOPPING than as the address of the business to be conducts. <br />CENTER in or at said PRyMTSES ar to use any picture or <br />liker_ess of the PREMISES, the BUILDING, or the <br />SHOPPING CENTER, or any part of any of the same <br />in any advertisement, notice, correspor_denca, ar <br />^ther type of announcement or corumunication with <br />out the prior wzitten consent of LANDLORD. TENANT <br />shall not have or acquixe any property xight ar <br />interest in ar to any name ox distinctive designa- <br />tion which may became identified ar associated cry..: <br />the business to be conducted in or at said PREri?:.:: <br />if such name or distinctive designation shall can. <br />tain as a part thereof the name or distinctive d¢- <br />signation oz any reference to the PREMISES, the <br />BUILDING, the SHOPPING CENTER, or any part of com- <br />bination of parts of any of ,the same, but all pro- <br />peaty xights and rights of use of such name or <br />distinctive designation shall be and remain the <br />property of LANDLORD. <br />INSURANCE 21. (a) LANDLORD, during the TERN of this lease, - <br />ANA TAXES ar any extension hereof, at its own sale cast and - <br />expense, shall keep the BUILDING and PREMISES in- <br />sured to the extent of its full insurable value <br />against loss ar damage by fire, with extended cover <br />age. TENANT during the TERM hereof, at its own <br />sole cost and expense, shall keep all furniture,. <br />fixtures, and equipment whether supplied ar own.ed <br />by TENANT or by LANDLORD, and, in addition, all <br />glass farming a part o~ the PREMISES, including, <br />but not limited to, plate glass, insured to the <br />extent of its full insurable value thereof against <br />loss oz damage by fire, with extended coverage. <br />(b) LANDLORD shall promptly pay as and when <br />the same shall become dua and payable, all taxes, <br />~10- <br />