Agenda - 06-17-1986 - Laserfiche WebLink

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ur w. 141 PAGE 4 INSURANCE POLICIES AND BOTH THE LESSOR AND TENANT COVENANT AND AGREE THAT EACH OF THEM WILL OBTAIN A WAIVER FROM ITS CARRIER OF SUCH INSURANCE RELEASING SUCH CARRIER'S SUBROGATION RIGHTS AS AGAINST THE OTHER PARTY. (10) INDEMNITY THE TENANT AGREES TO INDEMNIFY AND SAVE HARMLESS THE LESSOR AND THE AGENTS. , SERVANTS AND EMPLOYEES OF THE LESSOR AGAINIST AND FROM ANY AND ALL CLAIMS BY OR ON BEHALF OF ANY PERSON, FIRM, OR CORPORATION ARISING BY REASON OF INJURY TO PERSON OR DAMAGE TO PROPERTY OCCURRING IN THE LEASED PREMISES OCCASIONED IN WHOLE OR IN PART BY ANY ACT ON THE PART OF THE TENANT OR AN EMPLOYEE WHILE ACTING WITHIN THE SCOPE OF EMPLOYMENT, AGENT, VISITOR, ASSIGN OR UNDERTENANT OF THE TENANT OR BY REASON OF ANY UNLAWFUL USE OF THE LEASED PREMISES OR ANY BREACH, VIOLATION OR NON-PERFORMANCE OF ANY COVENANT IN THIS LEASE ON THE PART OF THE TENANT TO BE OBSERVED OR PERFORMED, AND ALSO FOR ANY MATTER OR THING GROWING OUT OF THE OCCUPANCY OR USE OF THE LEASED PREMISES BY THE TENANT OR ANYONE HOLDING OR CLAIMING TO HOLD THROUGH OR UNDER THE TENANT. TENANT AGREES TO PAY FOR ALL DAMAGES TO THE BUILDING AS WELL AS ALL OCCUPANTS THEREOF, CAUSED BY TENANT'S MISUSE OR NEGLECT OF SAID LEASED PREMISES, ITS APPARTUS OR APPURTENANCES. LESSOR SHALL NOT BE LIABLE TO TENANT FOR ANY DAMAGE BY OR FROM ANY ACT OR NEGLIGENCE OF ANY CO-TENANT OR OTHER OCCUPANT OF THE BUILDING OR BY ANY OWNER OR OCCUPANT OF ADJOINING CONTINUOUS PROPERTY. (11) FIRE OR OTHER CASUALTY IN THE EVENT THE BUILDING IN WHICH THE LEASED PREMISES ARE LOCATED IS DESTROYED BY FIRE, UNAVOIDABLE ACCIDENT OR CASUALTY., THIS LEASE SHALL THEREUPON TERMINATE. IN THE EVENT THE BUILDING IN WHICH THE LEASED PREMISES ARE LOCATED IS DAMAGED BY FIRE, UNAVOIDABLE ACCIDENT OR CASUALTY TO SUCH AN EXTENT THAT IN LESSOR'S OPINION, THE PORTION OF SAID BUILDING IN WHICH THE LEASED PREMISES ARE SPECIFICALLY LOCATED CANNOT BE REPAIRED WITHIN NINETY (90) DAYS TO ITS APPROXIMATE CONDITION EXISTING IMMEDIATELY PRECEDING SUCH FIRE, UNAVOIDABLE ACCIDENT OR CASUALTY, THIS LEASE SHALL THEREUPON TERMINATE. IN THE EVENT THE PORTION OF THE BUILDING IN WHICH THE LEASED PREMISES ARE SPECIFICALLY LOCATED DAMAGED BY FIRE, UNAVOIDABLE ACCIDENT, OR CASUALTY AND THE SAME CAN BE REPAIRED WITHIN NINETY (90) DAYS FROM THE DATE OF SUCH FIRE, UNAVOIDABLE ACCIDENT OR CASUALTY, THE PARTIES HERETO AGREE THAT SAID LEASED PREMISES SHALL BE REPAIRED AND RESTORED BY LESSOR TO THE APPROXIMATE CONDITION OF SAID LEASED PREMISES EXISTING BEFORE SAID FIRE, UNAVOIDABLE ACCIDENT OR CASUALTY, AND THIS LEASE SHALL, REMAIN IN FULL FORCE AND EFFECT; PROVIDED, HOWEVER, THAT THE RENT DURING THE PERIOD OF REPAIR BE REDUCED TO AN AMOUNT WHICH, IN LESSOR'S OPINION, BEARS THE SAME RATIO TO THE RENT PROVIDED FOR HEREIN AS THE PORTION OF THE LEASED PREMISES THAN AVAILABLE FOR USE BEARS TO THE ENTIRE LEASED PREMISES. UPON COMPLETION OF SUCH REPAIRS THE RENT SHALL THEREAFTER 10: 21: 31 10 OCT 1983