The URL can be used to link to this page

Home My WebLink About1464 . . • ~ • . ~ ~ ~ ~ , t ~ • 5~ =~t ~ ~ • ~ . t , kui1224 in~1~E f t~52 ' Para~ap6s 16,17 / 26 . - tl~e Trustce, and the Compt~ny may, but sh~ll be under no obligation to, , rep~ir and restore such Leased P~rcel. , - (b) Op~tion Not to l~estore. IF such taking or condemnation shall be of the ~rhole of such Leased Parcel, or if by giving notice to the - ~ Trnstee, given within 120 days after snch taking, the Company shall elect not to restore such Leased Parcel, the Company aball prompUy proceed to take such steps as may then be reqnired to comply with the applicable provisions of ParagrapL 14(a). If, withont having given such notice, the Company sball not, within 180 days after such taking or condemnation, have proceeded diligently to repair and restore such Leased Parcel, it shall be deemed to have so elected not to repair or - restore. If and to the egtent thAt the Company may request, Properties and the Trnstee will each cooperate witb the Company in all matters re- lating to any taking or condemnation of any Leased Parcel or any part thereof. All costs and ezpenses of Properties and the Trnatee in- R enrred in connection with any such condemnation shall be borne by the ~ ~m~y~ ~ (e) Sale ~n Lieu of Condemnation, If the Company ia not in de- ~ fanlt in the payment of basic rent or in any other material reapect nnder ~ any provision of this Lease, Properties shall from time to time at the reqnest and egpense of the Company take all such action on Propertiea' ~ part as may be reqaired to sell its interest in a portion of the Leaaed ~ Premises to any person vrluch is legally empowered to take or condemn snch interest by virtne of eminent domain and which the Company antici- pates (whether or not sach person Las actnally ta~en aetion or com- ~ menced proceedinge constituting, or as a preliminary to, Bnch a taking ~ or condemnation) will take or condemn snch interest. Any anch eale ~ in lieu of condemnation shall be deemed to conatitnte a taking or con- ~ - clemnation for all purposes of tlua Lease. r ~ 17. Ixn$~xrrY or Pao~gxTrFaa. . . p Properties makea no warranty eapresaed or implied as to the ~ condition of the Leased Premises, or that they will be snitable for the ; Company's pnrposea or needs. 't'he Company releases Propertiea ` from, agrees that Properties shall not be liable for, and that it will ~ F at a11 times protect, indemnifv and hold harmless Propertiea from and F - ~ ~ ~ ~ a5 7 ~ ~ . ' ~ DE.E~ NE(,UfIUJ . " E C;l~.?; ~ i.~~C:14~ nc~ c»c - ~ :