HomeMy WebLinkAbout1550 inclu:lin` ti~~-~~ not nor,;.r_113?. allc;;;able j n acticn ~ at la~r, stlch .z~ t~u
not lirni t;ed to cop~FS of depositions, ~:I~~~Lt:ti~ or not u,ed at t~~i~~1; ~
travel expQnses for witnesses t-ravelin~, fro;i~ t•;ithoiit St. I_~icfe Cau~~t>>
for t}ie pur~~ose of testify:ir~ at; trial cr deposit~fons; er,~er~ witn^~.s
i'ees for test;ifyin~ ~t Lr3~1 or deposition, to~;e~her ~ti*ith such ~ 1~1-
tional fees as t}~e expert i~~t~21~SS r~ay char~;e t}~e Lessor in cor,~:~ct•~.oi~
trith hj.s preparation for ~ivin~; such i:estir~:uny; and k~i tness subp~enas
issued to insure the presci~ce of ti:itr.esses at deposition or at trtal
r~hether or not the ~r~tness sha11 ~ctual_ly ap~ear to be called u~on to
testify. In the event of any dispute or litiF;ation Uetvreen ~he Lc-.s~or
and t;he Lessee in cor,neetion t~~i~h any all.ed~ed breach or default t~por~
the part of the I.essee whe^~~2, the Lessor dee;r.s it advisable or neces--
sary to r•etain the services of an aLtorney, anc~ trhic}~ is settled prior
to a~udicial deter:rlir.ation of the is~t.°s, or prior to liri~a~ioi~, by ~
the Lessee payi ~Y the mon~es cien?~ii;~ed, or by the Lessee otherwise coi, -
plyin~ ti~~ith the demands of the Le: sor as to the i:essee' s duties 5113
obligations u.~der t~12 teri:~s of this Lease, ths L~ssor ~iill be deen~:d
to have prevailed in such dispute or controversy, and to be ent;itled
to the recovery of hts reasonable attorney's fees ir,curred in con:zec-
tion therewith.
27. SolvPncy of ~L~ssee. If, durin~ the terms of this Lease, (a)
the Lessee
s 3 r~=~
an a;s~~nn;ent for the benefit oT creditors; or
(b) a vo7untary or involuntary petition shall be filed by or a~;ainsL
the Lessee un~i~r an;v 1aw havin~ for its pur~,ose the ad~udication of
i;t~e Lessee as a UanS~;rupt; or the extension oi t;he tir;~ of U1yT~nt, co*:~~
position, ad3ustment, modif3cation, set+~ler~ent or satisi'action of t~.~
liabilities of the Lessee oT° the reorgan7.zaf.ion of the Lessee; or (c )
a p~rminent receiver b~ appointed for the prop°rty of the Lesse~: or
F (d) any ~;overnr,:ental a~athor•Ity sh?11 talte pos;ess~on of' the lan3s de-
' seri~ed in ~he Deel~;ration of Conciomin3.u~; of the Cor_clorninium, this L•e^.:~~, .
; at the option of tt;e Lessoy, sh~.11 be terminated an_i sha11 expir.e ft.11~~
t and complete~ y as if th~ day oi' ha~penin~ of such contin~ency coi ncid cci
£ iti•ith the date specifical~_y fthed ~,s the eapiration of the term heraof,
; th~ provisions rela~ive ~o notic~ and ~race notwithstan:3ing, and tY:e
~ I~essee ~}-,all t•hen qui't anc~ surre~dzr ttie Demised Fi~emises to Lhe I.es~ u,~
; but the T~ssee shal? remain lia2~7e as he~°einaf
tier provided. If thc I.e:~-
3 see shall contest at~y proceedin~ o~ ~n i~n~roluni:ary nature whieh vroulr.
j be ~;rouricts or cause for termination of the I~~se under this sectior.,
` ~h~ll prosecute said defense w:ith d.u~ dili~ence, provi~ed all ot}:c~r
~ covenlnts of the Lessee hLre~.n m~c~e are othcr.,ise ~;e~~~t and perforrt~d, '
arr.l ~}ie ri~1~t of' ter•n:inati{~n in t;}i~ I.e: sor ur.~er thi ~ sect.on shatl b^ '
st2snendec~ tinf;il the uli,im3te dete~,mic:at;iori oi said ir~3t~er~ by a Cou.rL
of' coc~petent. 3urisdi_ction o, unt.il t.hE Les~ee shall aL~ndor. or fail t;o
take suj.table acticn to pre~erve itq r'~;Iit;s to cor~tesi; t•he procee::in;;::.
'fhe L~ssee shall every tt~enty {?0) days ~~ot-ify the I~:ssor oi' It~ COI~-
tirnaed ir~tention to pro~ecu'~e it;s defen ~e, a:~3 1'urther, 3it:~1J. ~~~~'3sc
the I.Psso~= of. f•tie st~:tc of all 1ii;tgat.ion the;-z pendinn, ar~~3 the f:,j.1~
ure of the I.ess^e to ~Io so sha1~. b~ decn:~cl a termin:~ti_on of i;h~ ~~~a.~-
pension of t}~ic 1.rGJJOl~'s r:t~rht to Lerr~~ir.ate as BbOVc' pro~lid~~1. If a
ci~:f~nse s~3a11 be bro~~~ht bj~ the iessee at~3 tjr.lely prosecut;c•3 an~~ i;;~a
Lessee sh~~11 co*~~?,y ti•lii;h th~ above provis3~n 1•:ith re~~rd ta nc~t;Ice ar~~i
inform~tior~ to t}ie Lnssor, then the ric;ht of th~ I.~ssor to terr~:~i.xtc.~
Uy reasori of tl~e pro~~ision:~ of tti:L ~ sect.i_on shall rr, t,Ulltl~o; ~ec2 by ~i:~_: ,
ou~co:r,c: ~f sucl, ~itl~Tatiot~, to-c~;it:
a. If sL!cl~ li~ir~af.ion be r~:~alved in fatToi= of t;}~e Lc~:.s~~.~,
the I,~s~ar s~~-.~11 t»v~ nc rif-hL to f;ercr~?_n;~.Le hy rr.~ son of ti~~
occuri°ence of L~;~ acts at~o~re I~?sLcc~.
b. If sttch lit~~-<<t~.on b~ r•esol~rcd a~~ains~ tlie L°:~SC~, thc~
I.e ;sor s2,? 11 l~,:vc th~~ rl~~~t~. t.o i,E'I"•y~i~ I13~f' a~~l;c,ve pr~vic.c:i, t;~i
nui~liin`; her ~~~_n s}iall be cor.yt~~ued as r~l.ie;t~in~; t;he T:~s ;~e c~f' r~, '
pez•forr:~nce o;' atiy o^ i.ts coven ,nt.s heretn r:n_ich ~~ec.,:~~ ~;er"c::. ~
at~l., p?-•ioi° to i.I~? d~terr?~ir~=~,tion ef f~-~~ ouLcci~.~ c~f sucl~ 1.i~ ~c
o: i;t~~ e:=r13Er abancio.;~~:~nL ot' del e~.ti e~7~- tr,E Le ~~t~ce. ;
CCi. ~pt"~;.I~~ J{ •I> ,nt~n i~ n'~-.~;~ 'r-^ ~ ~s {v:1 ` ' i
F. r- ~i, , it~.^,t:•u:..~tiL o:f~ ~:it.z~ .s tt~~ c.-r, _
~.~-r~ce~.,~~:nv i ~~~L;:r~r~ti ~:_t. ~~=.i~~.ies, ~~r;:l t~::i tr:er ~~~_rL~t h~.. l~eer i~~„~~: ~i - :
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