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14~C2
TERM, LEASE YEAR, OPTIONS
3. (a) If the rent shall not have begun to accrue on the date above specified
Eor the commencement of the term of this tease, then the term shall not commence
until the date on which the rent begins to accrue and shall contlnue for 30 years
tl~ereaEter; provided, however, that iE such commencement date be other than the first
day of the calendar month, then the term shall contlnue to and including the last day
of the same calendar month of the 30th year thereafter. The flrst,lease year shall
commence on the date the fixed rent begins to accrue and shall end on December 31
thereafter, and each succeeding lease year shall be each succeeding twelve months
period commencing January 1 and ending December 31, except that the last tease year
hereunder shall end on the date this lease shall expice or otherwise terminate having
commenced on January 1 preceding.
(b) Tenant shall have tine right and option, at Tenant's elect ton, to
terminate this lease effective as of the last day of the 240th full calendar monti~ of
the term and effective as of the last day of the 300th full calendar month of the
term. If Tenant shall elect to exercise. such option, Tenant shall send notice
thereof to Landlord, at least six months prior to the date this lease shal l so
terminate, but no notice shall be required to,terminate this lease upon the
exp tration of the full tens.
DELIVERY OF POSSESSION
4. Landlord shall put Tenant into sir.~ultaneous exclusive physical posesston of
the leased premises on Harch 1, 1981, or as soon as possible thereafter, and in any
case not latec than October 1, 1981, and at the same time deliver to Tenant a full
set of keys,- provided that tf Landlord shall so put Tenant into possession between
October 1 and December 1, then the time allowed Tenant to open for business under
II Article 6 shall be extended by the period between the date of such possession and
December 1. Landlord shall notify Tenant at least two months before such possession
Is to be delivered. .If possession Ls not delivered by the latest date, above
mentioned, Tenant may cancel this lease. Said premises upon delivery shall he in
good condition and repair and shalt fully comply with all lawful requirements.
Tenant shall have the right, without being deemed to have accepted possession, to
enter the leased premises as soon hereafter as practical, to take measurements and
install its fixtures, but such entry or the opening for business shall not constitute-
s waiver as to the condition of the premises or as to any work to be done or changes.
to be made by Landlord.
CONSTRUCTION BY LANDLORD _ ,
S. (a) Before delivering possession of tiie leased premises to Tenant, Landlord
sh3i1 erect and complete the aforesaid new building containing the leased premises,
Wh ich pew buI lding shall be a modern one story structure. That portion 'of said new
buildI~ng containing the leased premises shall be of such exterior and struct~~ral
design and character as is acceptable to Tenant and as will also meet Tenant's
requirements for Its permanent exterior signs, which may extend above the leased
premises, but not the mansard (unless the public authorities consent thereto) and
s shall be at locations visible from the front parking area. The leased premises shall
~ be erected and completed by Landtord,~and shall contain Tenant's specific
requirements for the operation of Tenant's business, which requirements will include,
~ among other tl~inps, the items and installations listed In F.xhlbit "A" hereto attached
~ and made part hereof, and which are to he in conformity with Tenant's plans and
! specifications. The parapet wall of the portion of the building containing the
leased premises shall be at least as high as the parapet wall of all other premises
In said Sho~pLng Center. All such work by Landlord shal 1 he done by contractors ~
selected by 1~~ndlord arid'acceptable to Tenant and shall comply with the requirements ~
of public authorities.
INITIAL
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