Orange County NC Website
Space that may be required for repairs and alterations without the same constituting an eviction of the Tenant <br /> in whole or in part , and the rent reserved shall in no wise abate ( except as provided in Section 17 ) while <br /> repairs and alterations are being made , by reason of loss or interruption of business of the Tenant , or <br /> otherwise . If the Tenant shall not be personally present to open and permit an entry into the Rented Space at <br /> any time when for any reason an entry into the Rented Space shall be necessary or permissible , the Landlord <br /> or Landlord ' s agents may enter the same by a master key , or may forcibly enter the same , without rendering <br /> the Landlord or such agents liable therefore ( if during such entry Landlord or Landlord ' s agents shall accord <br /> reasonable care to Tenant' s property) and without in any manner affecting the obligations and covenants of <br /> this Lease . Nothing herein contained , however , shall be deemed or construed to impose upon the Landlord <br /> any obligations , responsibility or liability whatsoever , for the care , supervision or repair of the Building or any <br /> part thereof , other than as provided in this Lease . The Landlord shall also have the right at anytime without <br /> the same constituting an actual or constructive eviction and without incurring any liability to the Tenant <br /> therefor, to change the arrangement and /or locations of entrances and passageways , doors and doorways , <br /> and corridors , elevators , toilets , parking areas and other Common Areas . The Landlord shall have the right to <br /> show the Rented Space to prospective new tenants during the last 120 days of the Term . The Landlord shall <br /> not be liable to the Tenant for any expense , injury , loss or damage resulting from work done in or upon , or the <br /> use of, any adjacent or nearby building , land , street or alley . <br /> 30 . MANAGING AGENT . Landlord reserves the right to designate a Managing Agent and to delegate any <br /> or all of Landlord ' s powers , duties , obligations , or rights under this Lease to the Managing Agent . To the <br /> extent Landlord ' s duties or obligations under this Lease are assumed in writing by the Managing Agent , <br /> Landlord shall not be responsible for the assumed duties or obligations . Tenant's rights and obligations <br /> under this Lease shall not be affected by designation of a Managing Agent by the Landlord . <br /> 31 . SUBORDINATION . This Lease is subject and subordinate to all security liens , mortgages , deeds of <br /> trust and related financing instruments which may now or hereafter affect the Europa Center or any part <br /> thereof, and to all renewals , modifications , consolidations , replacements , amendments and extensions <br /> thereof , unless Landlord or any lender secured by a mortgage , deed of trust or similar security instrument <br /> elects to make this Lease superior to same , which it may do at its option . Tenant shall execute within ten ( 10 ) <br /> days after request any certificate , subordination agreement , priority agreement or other form of instrument in <br /> confirmation of such subordinate or superior status that Landlord may request , including an agreement to <br /> attorn . Tenant hereby irrevocably appoints Landlord its attorney in fact to execute and deliver any such <br /> instrument on behalf of Tenant if Tenant fails or refuses to execute or deliver same as required by this Lease . <br /> Tenant shall also execute within ten ( 10 ) days after request an agreement with any lender pursuant to which <br /> Tenant agrees to give such lender a minimum period of sixty ( 60 ) days after Tenant' s notice to such lender for <br /> the lender to cure Landlord ' s default prior to Tenant ' s terminating this Lease due to Landlord ' s default . <br /> 32 . RESERVATION OF RIGHTS . Landlord hereby reserves to itself and its successors and assigns the <br /> following rights ( all of which are hereby consented to by Tenant) : <br /> ( a ) to change the street address and /or name of the Building and /or the arrangement and /or <br /> location of entrances , passageways , doors , doorways , corridors , elevators , stairs , toilets or other public parts <br /> of the Building ; <br /> ( b ) to grant to anyone the exclusive right to conduct any particular business or undertaking in the <br /> Building ; and <br /> ( c) to construct future phases of the Europa Center attached to the Building . <br /> Landlord may exercise any or all of the foregoing rights without being deemed to be guilty of an eviction , <br /> actual or constructive , or a disturbance or interruption of the business of Tenant or Tenant' s use or <br /> occupancy of the Leased Premises . <br /> 33 . NOTICES . Any notices which Landlord or Tenant requires or desires to give to the other relating to <br /> this Lease or the Leased Premises must be in writing and shall be deemed sufficiently given and delivered if: <br /> ( a ) Hand -delivered to the following addresses : <br /> If to Landlord : Europa Center, LLC <br /> c/o Avison Young - NC , LLC <br /> 100 Europa Drive , Suite 190 , Chapel Hill , NC 27517 <br /> If to Tenant : Orange County <br /> 100 Europa Drive , Suite 101 , Chapel Hill , NC , 27517 <br /> - OR- <br /> ( b ) Sent by facsimile or email transmission to the following : <br /> Page 15 - THE EUROPA CENTER Lease <br /> Lan lord Tenant <br /> Initials Initials <br />