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Agenda - 02-20-2001-9b
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Agenda - 02-20-2001-9b
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Last modified
9/2/2008 9:01:07 AM
Creation date
8/29/2008 10:28:45 AM
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BOCC
Date
2/20/2001
Document Type
Agenda
Agenda Item
9b
Document Relationships
2001 Carrboro, Chapel Hill Board of Education MOU for Smith Middle School ground lease agreement
(Linked From)
Path:
\BOCC Archives\Memorandum of Understanding\2000-2009\2001
2001 S Co Attorney - Development and Joint Use Smith Middle School Ground Lease Agreement with UNC
(Linked From)
Path:
\Board of County Commissioners\Contracts and Agreements\General Contracts and Agreements\2000's\2001
2001 S Co Attorney - Smith Middle School Ground Lease Agreement with UNC
(Linked From)
Path:
\Board of County Commissioners\Contracts and Agreements\General Contracts and Agreements\2000's\2001
2001 S Co Manager - Town of Carrboro - Development Joint Use Agreement for Smith Middle School Fields 02-20-2001 9b
(Linked From)
Path:
\Board of County Commissioners\Contracts and Agreements\General Contracts and Agreements\2000's\2001
Minutes - 02-20-2001
(Linked To)
Path:
\Board of County Commissioners\Minutes - Approved\2000's\2001
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rRAF T <br />possession of the Leased Premises should Tenant hold over to the same extent as if statutory notice had <br />been given. If Tenant should remain in possession of the Leased Premises after the termination or <br />expiration of the Term without the execution by Landlord and Tenant of a new lease, then Tenant shall be <br />deemed to be occupying the Leased Premises as a tenant-at-sufferance, subject to all the covenants and <br />obligations of this Lease and at rental equal to the rental in effect immediately prior to the expiration or <br />termination, but such holding over shall not extend the Term. <br />7.5 Assignme . Landlord expressly consents to the assignment by Tenant to Sub-Tenant of all of Tenants <br />rights and obligations hereunder and, upon such assignment, Landlord releases Tenant from any <br />obligation or liability to Landlord existing by virtue of this Lease except for Tenant's obligations in Section <br />4.5. By accepting such assignment Sub-Tenant accepts and assumes all of Tenant's rights, obligations and <br />liabilities existing by virtue of this Lease. Except as expressly permitted herein Tenant shall not, by <br />operation of law or otherwise, assign, mortgage, pledge, encumber or otherwise transfer any interest in this <br />Lease, nor sublet or permit the Leased Premises or any part thereof to be used or occupied by anyone other <br />than Tenant without the prior written consent of Landlord. <br />7.6 Default by Tenant. <br />7.6.1 Each of the following occurrences relative to Tenant shall constitute an "Event of Default": <br />7.6.1.1 Failure or refusal by Tenant to make the timely payment of any rent or other sums <br />payable under this Lease when and as the same shall become due and payable; or <br />7.6.1.2 Abandonment of the Leased Premises; or <br />7.6.1.3 Failure by Tenant in the performance or compliance with any of the agreements, terms, <br />covenants or conditions under this Lease applicable to Tenant under this lease, for a <br />period of sixty (60) days after notice from Landlord to Tenant specifying the items in <br />default. <br />7.6.2 This Lease and Term and estate hereby made are subject to the to the limitation that if and any <br />Event of Default shall occur, Landlord may, at Landlord's option and without order of any court or <br />further written notice to Tenant, in addition to all other remedies given hereunder or by the law or <br />equity and without limiting in any manner whatsoever any other options available, do any one or <br />more of the following: <br />7.6.2.1 Terminate this Lease in which event Tenant shall immediately surrender possession of <br />the Leased Premises to Landlord; <br />7.6.2.2 Enter upon or take possession of the Leased Premises, securing it against unauthorized <br />entry and atd expel or remove Tenant and any other occupant therefrom with or without <br />having terminated the Lease; <br />7.6.2.3 Pursue any other remedy available at law, or in equity. <br />7.6.3 If Tenant should fail to make any payment, perform any obligation, or cure any default <br />hefeu*deFas previously provided in this Agreement, Landlord, without obligation to do so and <br />without thereby waiving such failure or default, may make such payment, perform such <br />obligation, and/or remedy such other default for the account of Tenant (and enter the Leased <br />Premises for such purpose), and Tenant shall pay upon demand all reasonable costs, expenses and <br />disbursements (including reasonable attorney's fees) incurred by Landlord in taking such remedial <br />action.
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