Agenda - 10-04-1993 - VIII-C - Laserfiche WebLink

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IS 27 . LANDLORD' S ENTRY. The Landlord shall have the right to J enter upon the Premises at all reasonable times during the term eff this Lease for the purposes of inspection, maintenance, repair and at mutually agreeable times for the purpose of alteration and to show the same to prospective tenants or purchasers . Any such entry shall require at least 24 hours prior notice in person or by telephone or facsimile, except in the event of an emergency, whereupon no notice shall be required. 28 . HOLDING OVER. If Tenant remains in possession of the Premises or any part thereof after the expiration of the term of the Lease with Landlord' s acquiescence and without any written agreement of the parties, Tenant shall be only a tenant at will , and there shall be no renewal of this Lease or exercise of an option by operation of law. During any such holdover, the Basic Minimum Rent due hereunder shall be 2000 of the amount set forth in Paragraph 3 hereof . 29 . NATURE AND EXTENT OF AGREEMENT. This instrument contains the complete agreement of the parties regarding the terms and conditions of the Lease of the Premises, and there are no oral or written conditions, terms, understandings or other agreements pertaining thereto which have not been incorporated herein. This instrument creates only the relationship of Landlord and Tenant between the parties hereto as to the Premises; and nothing herein shall in any way be construed to impose upon either party hereto any obligations or restrictions not herein expressly set forth. The laws of the State of North Carolina shall govern the validity, interpretation, performance and enforcement of this Lease . 30 . FORCE MAJEURE. In the event that Landlord shall be delayed or hindered in or prevented from the performance of any act required hereunder by reason of failure of power, restrictive governmental laws, regulations, orders or decrees, riots , insurrection, war, acts of God, inclement weather, or other reason of like or unlike nature or cause beyond Landlord' s control , then performance of such act shall be excused for the period of the delay and the period for the performance of any such act shall be extended for a period equivalent to the period of such delay. 31 . LIMITATION OF LIABILITY. Anything contained in this Lease to the contrary notwithstanding, Tenant agrees that it shall look solely to the estate and property of the Landlord in the Premises for the collection of any judgment (or other judicial process) requiring the payment of money by Landlord for any default or breach by Landlord of any of its obligations under this Lease, subject, however, to the prior rights of any holder of any mortgage, or of Landlord' s interest therein. No other assets of the Landlord shall be subject to levy, execution or other judicial process for the satisfaction of Tenant' s claim. It is specifically understood and agreed that there shall be no personal liability of Landlord in respect to any of the covenants, provisions or