Orange County NC Website
37 <br />21. Landlord hereby grants to County a right of entry upon the shoppingg <br />center for the purpose of making surveys, engineering studies, tests and suci~ <br />other investigations and inspections as County may elect to make, or the <br />period of time beginning on December 1, 2011 and ending on February 1, <br />2012. Notwithstanding, should County be desirous of exercising their <br />Purchase Option prior to February 1, 2012, then in that event, County shall be <br />entitled to complete all due diligence during the period beginning ninety (90 <br />days prior to such exercise date and ending on the date of such exercise. A I <br />inspections, tests and examinations shall be conducted by parties qualified <br />and, where applicable, licensed to conduct such inspections, tests andlor <br />examinations. County shall pay the costs of all such tests, inspections, <br />examinations, and investigations. After the performance of any tests, <br />inspections, examinations, and investigations, county shall promptly .restore <br />any damage to the shopping center to substantially the same condition as <br />existed prior to the conduct of said tests, inspections, examinations, and <br />investigations. County shall indemnify, (to the extent of insurance policies <br />owned by the County and to the extent of applicable law) defend (to-the <br />extent of insurance policies owned by the County and to the extent of <br />applicable law) and hold Landlord harmless from any and.all costs or liens <br />arising or claimed as a result of any such activity on or with respect to the <br />shopping center and from anY claims, loss or damage (including, without <br />limitation, reasonable attorneys fees and costs) suffered b Landlord as a <br />result of the activities of County or of any parry employedyor engaged by <br />County to perform any test, .inspection, examination, or investigation on the <br />shopping center. In conducting its investigation, County and County's agents <br />shall conduct all operations on the shopping center in a reasonable manner <br />and so as not to unreasonably interfere with the operation of the shopping <br />center by Landlord nor with the conduct of business or operations by tenants <br />and occupants. Furthermore, all such tests and inspections shall be <br />permitted upon reasonable prior notice to Landlord, affording landlord the <br />opportunity to have a representative present at any test, inspection or <br />examination conducted on the shopping center. County shall not conduct any <br />environmental testing of the shopping center beyond a phase I environmental <br />site assessment without the prior written approval of Landlord. County shall <br />not perform any subsurface or destructive testing of any kind at the shopping <br />center, without the prior written consent of Landlord. If .such testing is <br />required, county shall provide reasonable notice thereof. Notwithstanding the <br />foregoing, or anything to the contrary contained in this Lease, County and/or <br />Count~yy's representatives shall not enter the shopping center for the purposes <br />of pperl:orming any inspections .without. providing Landlord. at least twenty-four <br />(24) hour notice of such scheduled entry upon the shopping center. <br />22.Landlord agrees not to enter into a Lease for any .portion of the <br />Shopping Center whatsoever during the term of this Lease which will result in <br />a lease term that extends beyond March 1, 2012 without the prior approval of <br />the County, which approval shall not be unreasonably withheld. <br />23. Landlord represents and warrants that there are no current leases <br />applicable to the Shopping Center that extend beyond February 1, 2012, <br />except and other than units 03, B-04, and Kiosk spaces. <br />24. At closing Landlord shall provide County estoppel certificates from all <br />tenants then occupying the Shopping Center. <br />44::.:::.:_;Local Government Commission A royal. Landlord and County <br />acknov/ edge t at this ease is su sect to the approval of the North Carolina Local <br />Government Commission. Therefore, as a condition precedent to County's <br />obligations under this Lease, including the Option contained herein, County must <br />receive North Carolina Local Government Commission (LGC) approval of the terms <br />of this Lease, including the Option contained herein. <br />45: .: -:Title Exce tions. Asa further condition precedent to the County's <br />obligations under this ease, no additional deeds of trust, easements, covenants or <br />other encumbrances or restrictions whatsoever, other than those included on <br />Attachment G of this Lease, shall exist as of the date and time of the recording of <br />this Lease in the office of the Orange County Register of Deeds. This Lease shall <br />34 <br />Conntq of Orange, in North Carolina - Hillsborough Commons 07/02/OS <br />IlYlTrnr c <br />LORD !! <br />