Agenda - 02-20-2001-9b - Laserfiche WebLink

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r! DRAFT 6.7 Sins. Tenant may not erect, install or display any sign other than school identification signs on the Premises, without prior written consent of the Landlord, acting through the University of North Carolina at Chapel Hill. Tenant shall not use the name of The University of North Carolina at Chapel Hill or any mark or logo or depiction of any of the foregoing without the written consent of The University of North Carolina at Chapel Hill. 6.8 Continuous Use of Leased Premises. Tenant covenants and agrees that it shall occupy and continuously conduct business at the Leased Premises for the uses permitted under Section 2.3 commencing upon the Commencement Date and continuously thereafter. 6.9 Landlord's Right of Access. Landlord and its authorized representatives shall have the right to enter the Leased Premises at reasonable hours after notification to school personnel for the purposes of inspecting the Leased Premises and for excavation and installation of utilities and other improvements associated with the development of adjacent properties. 6.10 Americans With Disabilities Act. Tenant represents and covenants that it shall construct any Improvements and shall conduct its occupancy and use of the Leased Premises in accordance with the provisions of Title III of the Americans With Disabilities Act (the "ADA") and any similar state law by including, but not limited to, modifying its policies, practices and procedures as may be necessary to comply therewith, and providing auxiliary aids and services to disabled persons as required thereunder. All construction, alteration, and improvement of the Leased Premises shall comply, and Tenant represents and warrants that the plans and specifications submitted in respect to any Improvements or any alterations thereof or general alterations with respect to the Leased Premises are in compliance, with the ADA and any similar state law and, upon request of Landlord, Tenant shall provide Landlord with evidence reasonably satisfactory to Landlord that such work was performed in compliance therewith. ARTICLE VII. MUTUAL COVENANTS: DEFAULT: ADDITIONAL MATTERS. 7.1 Fire or Other Casualt . If the Leased Premises is destroyed or partially damaged by fire or other casualty so as to render the Leased Premises untenantable in whole or in part ("the Casualty Event"), Tenant must construct and rebuild the Improvements previously existing on the Leased Premises. Notwithstanding the above, the Tenant is not obligated to construct and rebuild the Improvements previously constructed on the leased premises under either of the following circumstances: (a) the Casualty Event occurs after the lease has expired; or (b) on the date of the Casualty Event, the Term has less than 15 years to run. 7.2 Condemnation. If a portion of the Leased Premises is taken by exercise of the power of eminent domain (or conveyed by Landlord in lieu of such exercise) and the usefulness of the Leased Premises for Tenant's purposes is not materially abrogated thereby, no part of the award or purchase price shall be claimed by Tenant. If all of the Leased Premises (or so much thereof as to materially abrogate the usefulness thereof for Tenant's purpose) are taken by exercise of the power of eminent domain ( or conveyed by Landlord in lieu of such exercise), this Lease will terminate on a date (the "Condemnation Date") which is the earlier of the date upon which the condemning authority takes possession of the Leased Premises or the date on which title to the Leased Premises is vested in the condemning authority and Tenant and Landlord shall each participate in the award or purchase based upon the amount of loss suffered by each.