HomeMy WebLinkAbout2759 PROTECTIVE 6. ~n o~d~r ~o ~nduc~ T~oon~ ~o ~nt~r in~o ~6i• l.~os~, lo.+dlo.d oyr~~s (ot i~s~l1. its s~cc~~sors
COVEHANT an~ ossiyos, its ol(~c~~s, d~r~cro~s ond shor~hold~rs (ho~d~~9 wo~~ thon t~n p~rc~n~ (107L) ol i~s
~Y ~~oek). it• Per~nt, offilioad ond subs~d~ory co~Porot~ons ond ony P«yr ot(iliot~d wit6 i~. ~ho~ eon•
,C ' 01 11+• ioe~qoinq sholl us~, sutf~r, p~rmit or cons~nt to th• us~ or otcuponcr os o sup~nwo~k~t p~ j/~~~"y -Q-~!
huc this provlsion
~ t• so • o uod or food prod~cts ~~r~nd•d fo. off•pr~en~s~s consump~io o? as o discount or
;1~:~11 not prohibit W. 1. Cra~t.
pranot~onol d~portm~nt s~o~~ (such os E. J. Ko~v~~t~. G.E.M.. Zor.~'s, wo uys ran ornson
o: prevent Landlord K-Mart,
el any o( th• followiny: (o) anr Pa~t of d+~ E~tirs P~~mis~s or (b) onr o~h~. pr~n+is~s now or WOOICO
f rom leasing Or h~rwtt~r own~d or controll~d bp lmdlord a any o( ~h• obov~ d~scrib~d pon~~s odjoc~r?t ~o En•
r~~iiLing Sny SCOY'e ~i.• p.~~n~s~s.
e r~ c~ed thereon for ,~j'~~
Chc, operations SEt ~Y prcmis~srodja~snt to Enrir~ P~~mis~s sholl b• us~d ~or any o( ~h• pu~pos~s ~nuin~ro~~d in
i~~rch in Schedule
this S~ction. Londlo~d sl+all, ol fh~ ~~ssast oi T~nan~, ~r~ct o b«ri~ b~tw~~n Enti~• Pr~mis~s
~~E~~ annexed hereto ~d suc6 odjocent p~~m~s~s ond i( Londlord fails to ~r~ct such boniN, T~nm~ ~noy N~c~ d+•
san~, chwy th~ cost th~r~of to t_ondlord, poyobl• vpon• dsd?ond, and ii such cost is not paid by
Londlord~ ^
, Tenant may institute legal proceeding s for
recovery of same including any costs, counsel fees and any other
z~ expenses sustained or incurred by Tenan[ in connection with such
~ proceedings.
CANCELLATION 7. (f (e) Cor.stwc~ion is not comm~nc~d as provid~d in Lon9 Fwm o? diliyu+tly Pros~tut~d by
Londlad w lb) Danis~d Pr«nis~s sholl not b• d~liv~r~d to T~nonr ~n occordanc~ with th~ oro-
visims of this L~os• for mr r~asons whotso~v~r on or b~for• Sept. 1~ 19~~r (c) oll of
Pri~cipel T~nan~s o~• not occupriny rh~i• r~sp~ctiv• pr~mia~s ond do~n9 bus~n•ss t6.~~~n on or
6~for• such dot~, T.nan~ mor o~ anr t~~• w~th~n on• year th~rwft~r o~ aft~~ aor •xt~nsion th~r~of
yrant~d to londlord by T~nont, t~rminot• ond concel ~l+is L~as~.b~l w~itt~n notic• to Londlord
wh~r~upon fhis L~os• sholl th~nc~fo?th b~ null ond void and of no iurth~r ~if~ct. TM+ont mar olso
t~nninaf~ tl~is L~os~ ot onr tim~ aft~r d~foulf br Landlo?d in deliv~~inq to T~nont th• c~rtificat•
with r~spttt to Printipol T~nants l~~r~inabov rpuir~d. Th• (or~yoin9 ?iyhts of tKmination ond
eme~llotion shall not b• •:elusiv~ of ony other righls or r~en~di~s oi Ttnont = ~ th• Mfore~m~nt
of th~ obli9otions of Landlord und~r tF~is L~aa~. Ii D~mised Pr~mia~s is noe d.liv...d ro T.~,«,~
•rithin Fiv~ (S~ y~ars from dote l~~rwF this l~os• sholl wtomoticollr t~~minot~ on the iifth onni-
v~rsary dat~ of ?he dot~ (irst obov w?ittan. I( T~nmt t~rminot~s this L~ose as p~rmitt~d ~n tTiis
S~ction or if this L~os~ automaticollr term~notes on the iF h anniv~rsory of fh• dot~ h~rtof lond- t~J ~
/s'1
lord opr~~s ~hot it will not for o p~riod of ne ear a t~r s~ch terminotion, parmit, suif~r, or ~ _
constr+t to th~ use of Entir• Premis~s or any port the~eof os and for a svpe~mark~t or lo~ th• sol~ ~~~/j~ ~
of food or food products intanded (or oFF-p.em~s~s consumptio~, o~ for o discount or promotionol
5~1. . Grant,
dtpartment stor~, such os E.J. Korvette, G.E.M., Zoyre's Two Guys from Harrison, or any simila? K-Mart,
operotions, and the provisions oF Ihis sente.:ce sholl survive ony such f~rmination ond sholl j~001C0
hove the force and ~((~ct oF covcnonts ~unnin9 with the ia,d. The aforesaid provision
shall not apply to Landlord's mortgagee in the event said mortgagee
shall becane landlord hereunder. ,
I
i COd1f~tON 8. All those portions of Entire Premises shown on Schedule "B'~ w6ich or~ not designated
i FACILITIES Oanised Premiaes or "Buildiny Area" sholl be Common Focilities ior the exclusive joint use of
~ oll tancnts of Entire Prem~ses, their customers and invitees o~d londlord hereby gronts to Tenont,
~
~ its tustomers ond invitees, the right ro use in common with all other t~nants of Entire Pr~mises a~) '
` of soidCommon Fecilities{exc~pt t},ot LoodingArea described in Sec?~on 2d{A){c)(+1 of Lony Form
~ sholl by reserved forTenant's e:clusive usel,ond any~nlargementther~of (or ingr~ss and sgressro
publ~c streets ond highways shown on Schedule 'B"ond forthe
: ond from Ocmi sed Prem~ ses ond the
porkiny of motor vehicles in the oreos desiynated os "Parkiny Areo". Landlord oqrees ot its own
•:pens~ to mointo~n throughovi The Term oll Common Focilifies in 9ood repo+r, cleon Q+d cl~or of
snow, ice, rubb~sh a~d debris, properly dra~ned, striped ond odeqvately liphted ond sofe-guorded
, and policed ot oll *~mes .+hen Dem~sed Premises is open For business ond for one•l~o~Fhour ofter
~ closing thereo(.
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