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HomeMy WebLinkAbout1448 . i _ • ~ t 1 ~ . ; ~ , , ~ . _ ~ ' ~ ~ . . ~ ~ RO11224 I~~,~~ 1~3t~ r.r.~.~. s' s 10 (e) rigLts of the Vnited Statea or any State or political aub- , division thereof (which for pnrposes of this Lease shall inclnde , any taaing or improvement district) or other pnblic or govern- mental anthority to take or control property or to terminate any right, power, francLise, grant, licenae or permit previously in force; _ ~ (f ) the pendency or filing of any application or proceedings seeking tLe annezation to or inclnsion in any political snbdiviaion, or the rezoning, of any I,eased Parcel or any portion thereof, provided in each oase tLat the determination or resnlt sought in such applicsition or proceedings would not in the reasonable opinion of the Company materially impair the use of such Leased Parcel for the business purposes of the Company or Continental; (g) anv leaseLold interest of less than three years, or any leasehold egisting with respect to any Leased Parcel at the time ; of the conveyance of such Leased Parcel to Properties the in- - ' terest of the tenant nnder which by ita terma or as a reanlt of I effective irrevocable notice therennder by the Company nnder . ~ sach lease will terminate on or before December 1, 1980; ~ ~ (h) . mineral rights provided the same are not exerciseci or ~ esploited in a manner that materially impairs the nae of snch Leased ~ Parcel for the business purposes of the Company or Continental ; ~ (i) rights of any suUlessee of one or more of the Leased Parcels nnder or pursuant to a non-disturbance agreement of the character specified in Paragraph 25(a) ; ~ ( j) with respect to uup Leased Parcel, other liens or en- ~ cumbrances generally permitted in leases of comparable prop- ~ erty in the locale in ~hich snch Leased Parcel ia situated, pro- vided that such liens or encumbrancea do not materially impair the use of such Leased Parcel for the buainess pnrposea of the Company or Continental ; and ~ (k) tLe reversionary interest therein retained by the Company • ~ pursuant to Paragraph 3(b). ~ . ~ PART II - LEASE ~ ~ a ~ 5. D$~isg og Px~~is$s. ~ g IIpon and snbject to the terms, covenants and conditiona herein- ~ after set forth, Properties hereby leases to the Company, and the ~ Company hereby hires from Properties, t.he Leased Premises, consist- ~ • ~ ~ E ~ ~,311 ~~a~~~~ ~E~u ?~E~ur~us : ~ , . . ~ 'a ~ . D