HomeMy WebLinkAbout98-03157
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5, On or ubout Murch 20, 1997, Dctendants cntcrcd into a L~'ase Agreemcnl fhr store
numbers 1I-19B and 11-20 with Plaintifl'("Lcase") lilr its business known as 1'(' I'alace al the
Camp Hill Shopping Cenler located at 3400 Trindle Road, Camp Ilill, Cumberland County,
Pennsylvania 170 11,
6, On or about Fcbruary 2, 199H, Defendants execuled an Amendment to the above
Leasc fhl' store number II-II A ("I,cnse Amendment"),
7, Attached hereto as Exhibit A is n true and eorreel copy of thc original Lease nnd
thc subscquent Lease Amcndment nUlhorizing I'laintiffto confessjudgment against Defendants
in an mnieable action and judgment in ejeclment as more specifically set flwth in Article XXXI,
Section 3112 (pagc 33),
8, The Lease wm: duly executed by Defendants, who ngreed to be legally bound by
thc terms of said Lease,
9, The Lense provides thnt Defendanls shall pny monlhly renl and Defendants' pro
rutn share of insurance, taxes and operuling costs, as well as an annunl pereenlage rent cqunl to
fivc perccnt (5%) of gross l'eccipts, less lhe minimum annual rent paid fhl' such pcriod, as well as
all other chmges accruing under the I,easc or idcntified as additional rent onlhe first day of cach
calcndllr monlh during the term of the Lease,
10, Despite repcatcd, numerous requests fi)r rent, Defendnnts havc willfully f;li1cd to
pay base rent, additional renl, late payment chargcs or any other charger; pnyable to I'laintiff
under the Leasc 1'01' the su~ied premiscs,
II, Defendants' fililure 10 pay renl as pCI' the terms of the Lellse ('onstitules lImatcrial
breaeh of the Lease,
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12, The sum prcsenlly due IInd owing under the Lease is Twelve Thousand One
Ilundrcd Eighty-Five Dollars and Forty-Three Ccnts ($12, I H5.4J), togelher IVilh Thrce Thousand
Forty-Six Dollars and Thirty-Six l\'nts ($3,04(,J(,) inliquidulcd dmlluges und Sevenllundred
Sixty-One Dollars and Fil'ly-Ninc ('cnts ($761,59) in attorneys' Ices and collection eosts as
provided under the Lease,
13, .Judgment has not becn enlercd in any jurisdiction on the attached instrument.
14, The attached instrument has nOI been assigned,
15, Defendants' failure 10 PIlY base rcnt, additional rent, late charges and any other
eharges payablc to Plaintiff under the Leasc provides Plainliff with tho. authority to l1Ie this
Complaint.
16, Tho. confession ofjudgmenl clause set (()rth in Seclion 3112 ofthc LC<lse and
attached hercto as Exhibil A, provides that counsel fill' Plaintiff may appear on behalf of
Defendants, enter a judgment in ejectmenl without any slay of cxceulion or appeal against
Defendants on behalf of Defendants and to be recovered by landlord of possession of the lcased
premises,
17, .J udgemcnt is not being nntcrcd against a n<ltural person in connection with a
residenti<lllcase,
.j.
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LEASE AGItEE~T
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ARTICLE I
PARTIES
THIS LEASE AGREEMENT, made this 20th day of March ,
by and between KRAVITZ PROPERTIES, INC., a Pennsylvania
c~~7~ration (hereinafter referred to as "Agent"" aB agent for
C~ HILL SHOPPING CENTER ASSOCIATES, a partners~ip (h~rei~after
referred to 1.\8 "Landlord"1 and PO Palace, Ltd.
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(hereinafter flIlfe~.rOit .to, 1l1I, "Tenant," I" ,w_hose addU8Q is
18' camp Ifill Mali, 32nd Street lInd '1'rindle Road, Camp lUll, PA. 17011
and whose telephone number is ( , (A) '117-692-5177 & 7l7-6ij7-200ij
(B) 7lH53-9755
WIT N E SSE T HI
Landlord and Tenant covenant and agree as follows:
ARTICLE II
DEFINED TERMS
SECTION 201.
The following terms shall have the following mean~ngsl
A. Premises and Shopping Center: Landlord leases to
Tenant and Tenant leases from Landlord, for the term and upon
the terms and conditions set forth in this Lease, the store
premises situate and known as Building Section No. If ,
Store No.19b&20 and being measured and described approximately
by the outside bUilding lines, as follows:
Front:
38
30
feet
o inches
feet
2 inches
Depth:
Total Area: l,lij5
square feet
located approximately as outlined upon Exhibit "An attached
hereto, the same being a proposed site plan of a Shopping
Center (the "Shopping Center", erected or to be erected upon
the premises described thereon, together with the right to the
nonexclusive use, in common with others, of all such automobile
parking areas, driveways, footways and other facilities
designed for common use, as may be installed by Landlord as
hereinafter provided, and of such other and further facilities
as may be provided or designated from time to time by Landlord
tor common Use, subject however to the terms and conditions of
this Lease and to reasonable rules and regulations for the use
thereOf, as prescribed from time to time by Landlord. The
purpose of the dimensions set forth above and the fla" attached
hereto as Exhibit "A" is to show the approximate s ze and
locatIon of the demised premises. All dimensions are
approximate only. Landlord reserves the right to change the
size, layout and location of any bUildings, improvements, or
common areas and facilities shown on Exhibit "A" as well as
redUce or expand the size of the Shopping Center.
B. Term: The term of this Lease shall be for five
(5 , years as further provided in Article V below. This l.ease shall
prOVide 'or an option to extend the lease for an additional term of five (5) yearsj
however, Landlord and Tenant shall each have the right to terminate the lease by
either giving notice to the other of lease termination with a minimum of six month
written notice prior to the expiration of the initial five year term.
Landlord will include with tenant's leased premises an additional work area within
the shOPPing center of 500 sq.tt. at no additional cost to Tenant.
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. C.,~ Perm tte... Jel
alld computer sortwar'ej in addition
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The sale,' at retail . computer harllwtre
to incidental miscellaneous items related thereto
and for no other purpose.
D. Minimum Annual Rent:
Years One (l) through Two (2) $ 36.81~.68
Years Three (3) through Fha (5) $ 16,320.00
Years Six (6) through Seven (1) $ 22.900.00
Years Eight (8) through Ten (10) $ 25.162,50
Years through $
E. Annual Percentage Rentl A sum equal to five
ercent ( 5" of grolls receipts in excess of: years 1-5: $850,000.00,
Pyears 6-7; '9~1.600.00. and years 6-10i $996,850.00. Tenant shall however repo
F. Secur Hy Deposit, $ 2,200.00
G. Initial Annual Common Area Maintenance Charge:
$ 5.1196.00
H. Initial Annual Merchants' Association Duesl
$ 512.50
I. Initial Annulll Real Estate Tax Chargel $1,081.15
J. Initial Annual Insurance Charge I $ 913.25
K. Tenant Trade Namel PC Palace
L. Estimated Date of Delivery of Possessionl
April 1 , 19 91.
ARTICLE III
POSSESSION
Section 301.
Landlord warrants that it is the owner of a leasehold
estate in and to the tract of land shown on Exhibit "A" and
agrees that it will develop upon said tract commercial
buildings with parking area and improvements generally in
accordance with said Plan, and that, subject to any delays
caused by strikes, weather conditions, governmental
restrictions, scarcity of labor or materialS, or for other
reasons beyond its control, it will proceed with due diligence
to complete said project. Landlord has erected and installed
or will erect and install the improvements upon the demised
premises SUbstantially as Bet forth upon Exhibit "B" attached
hereto. Tenant nhall fully comply with all of the terms,
covenants and conditions of said Exhibit "B", whether or not
Tenant is currently in POssession of the demised premises
pursuant to an existing lease.
Section 302.
Tenant shall have the option, if construction of the
premises is not completed by the date which is sixty
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the total of all monthly gross receipts but for the purpose re a e 0 e peroentage
rent base, Tenant shall be permitted to exclude IIny or all outside sales.
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(60) d,ays ofter the (', :imllted D&l:e 01 Deliver;;' "ossession, .
as its soU remedy (La'ldlord not 1:0 be liable 1:0 Tenant or any
other person, firm or corporation for any loss or damage
resulting therefrom), of cancelling this Lease by giving
writ!:en notice thereof to Lanaiord within fifteen (15) days
after said date, provided, that if said failure to complete is
caused by strikes, weather conditions, governmental
restrictions, scarcity of labor or materials or other cause
beyond Landlord's contrOl, said completion date shall be
extended for a period equal to the period of such delay. If,
for any reasen whatsoever th~ Landlord doea not commence
construction of the demised premiaes by September 1, 1984, the
Landlord shall have the option without liability of cancellinq
this Lease by giving similar written notice to Tenant within
fifteen (15) dlYs after Slid date.
Landlor.d shall not be obligated to proceed with the
construction of the demised premises unless and until financing
acceptable to Landlord is obtained. Should such financing not
be obtained on or before August I, 1984, Landlord may so notify
Tenant in writing, and cancel this Lease. If Landlord can
obtain financing or satisfy the conditions of financing only
upon the basis of modifications of the terms and provisions of
this Lease, Landlord shall have the right to cancel this Lease
if Tenant refuses to approve in writin? any such modifications
within thirty (30) days after Landlord s request therefor which
request may not be made after delivery of possession. Tenant
shall 110t unreasonably withhold its approval of the aforesaid
modifications. Within ten (10) days of receipt of a request
therefor from Landlord, Tenant agrees to forward to Landlord a
financial statement of Tenant Jnd/or, if applicable, Tenant's
guarantor or surety, in form satisfactory to Landlord certified
by an independent certified public accountant acceptable to
Landlord. If the financial or credit rating of Tenant and/or,
if applicable, Tenant's guarantor or surety is not acceptable
for the purposes of the aforesaid financing, Landlord shall
have the right to cancel this Lease If Tenant refuses to
execute or supply such additional assurances and/or guarantors
or sureties as Landlord shall state as necessary for such
acceptance within thirty (30) days after Landlord's request
therefor which request may not be made after delivery of
possession. If 6ny such righ~ to cancel Is exercised, this
Lease shall thereupon be null ,nd void, each of the parties
shall be released from any other or 'further liability, any
security deposit made hereunder shall be refunded to Tenant
without interest and neither party shall have any liability to
the other by reason of such cancellation.
Section 303.
If Landlord is to perform any work in the demised
premises pursuant to Exhibit "B", completion of the demised
premises shall be certified to Tenant in writing by Landlord's
inspecting architect, and the delivery of such certificate of
completion to Tenant shall constitute delivery of the demised
premises hereunder. Tenant, its agents, servants and
contractors, prior to the delivery of possession of the demised
premises, shall have the right to enter upon the demised
premises, for the purpose of taking measurements therein but
fO~ ~otot~er pu~pose, provided, however, that Such entry'Shall
~~ne gyeia~~io~d~h or obstruct the progress of the work being
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Sec:t:ion 30'4.
Upon receiving po~sesslon of the demised premises from
Landlord, Tenant ~hall with due diligence proceed to install
such fixtures and equipment and to perform such other work as
shall be required pursuant to E~hibit "B" or necessary or
appropriate in order to prepare the demised premises for the
opening of business. In the event that Tenant does not open
the demised premises for the conduct of its business on or
before the Re,tal Commencement Date (as defined in Section 601
below), Landlord, in addition to all other remedies hereunder,
shall have the option of (al terminatinq this Lease by giving
Tenant written notice of such termination, whereupon this LeaSe
shall be terminated unless by the date of the giving of said
wr it ten notice, Tenant', shall have opened the demised premises
for the conduct of its business, or (b) of collecting from
Tenant not only the minimum rent herein provided, but ulso
additional rent at the rate of ten (10" percent of the minimum
monthly rental per day for each and every date from the Rental
Commencement Date until the day Tenant commences to do business
in the demised premises. Tenant agrees not to commence any
work upon any portion of the demised premises until Landlord
has approved Tenant's plans and specifications in writing dnd
Tenant has otherwise complied with the requirements set forth
in Exhibit "B". Any cnanges in said plans or specifications
must be similarly approved by Landlord.
SECTION 305.
Unles~ otherwise sooner terminated pursuant to its
terms, any existing le.se pursuant to which Tenant is the
tenant for space In the Shopping Center shall terminate on
Rental Commencement Da~e (as defined in Article V below), with
the same forae and effllct as if such date were set fortll
therein as the explratton date of said lease.
ARTICLE IV
USE
SECTION 401.
Tenant shall continually use anJ occupy the demised
premises solely for the Permitted Use under the name or style
of Tenant's Trade Name and for no other purpose.
Tenant acknowledges that Landlord's obtaining a fair
and equitable rental is dependent upon Tenant's concentrating
all of it~ business efforts within the geographical area in
which the Shopping Center is located upon Tenant's business at
the demised premises so as to maximize Tenant's Gross Sales,
and Tenant further acknowledges that any activity by Tenant
within such geographical area in operating or participating in
the operating of a similar or competing business must
necessarily have an adverse effect on the volume of Gross Sales
by Tenant at the demised premises to the detriment of Landlord
and will deprive Landlord of the fair rental to which the
~~r~~1s ~greed'i Accordingly, in the event that during the term
Sease ether Tenant or Tenant's management or any
~~~~~~l~;deg;i~~ controlled by Tenant or controlli~g Tenant, or
who contro e same person or entity or persons or entities
employed i~ T~~ant, directly or indirectly owns, operates, is
, rects or serves any other place of business the
same, or similar' to, or competitive with, Ten,ant' s busines~ as
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Bet forth ~ereln, withtn a radius of five (5) miles from the
outside boundary of the ShorPing Center, which distance shall
be measured in a straight 1 ne without reference to road
mileage, then the Gross Sales of any such other place of
business shall be included in the Gross Sales made from the
demised premises to determine the Percentage Rent due under
this Lease, as fully as though such Gross Sales had actually
been made from the demised premises. In the event Landlord so
elects, all of the provisions of Article VI hereof shall be
applicable to the Gross Sales of, and all the books and records
pertaining to, such competing storel provided, however, the
foregoing geographic limitation shall not be applicable to any
existing location of Tenant or any such other place of business
which is operated in a regional Shopping center directly or
indirectly owned in whole or in part on the date hereof by
Landlord or a principal of Landlord.
SECTION 402.
Tenant shall operate all of the demised premises
during the entire term of this Lease with due diligence and
efficiency so as to produce the maximum graBS receipts which
may be produced by such manner of operation, unless prevented
from doing so by causes beyond Tenant's control. Subject to
inability by reason of strikes or labor disputes or
unavailability of goods or other reasons beyond Tenant's
control, Tenant shall carry at all times in the demised
premises a stock of merchandise of such size, character anu
quality as shall be reasonably designed to produce the maximum
return to Landlord and Tenant. Tenant shall conduct its
business in the demised premises during the regular customary
days and hours for such business in the Shopping Center ared
and will keep open for business from 10:00 A.M, until 9:00 P.M.
every day lincluding, at Landlord's request, Sunday) and during
the same days, nights and hours DS the majority of the chain
stores and department store or stores in the Shopping Center.
AR'fICLE V
TERN
SECTION 501.
The term of this Lease shall commence on the date when
Landlord shall deliver possession of the demised premises to
Tenant, as provided in Article III hereof, and shall end
(unless sooner terminated as hereinafter provided) at Midnight
on the date of the expiration of the full Term from the first
day of the calendar month next succeeding the "Rental
Commencement Date", as defined in Article VI hereOf, without
the necessity of any notice from either party to the other to
terminate the same, and Tenant hereby waives notice to vacate
the premises and agrees that Landlord shall be entitled to the
benefit of all provisions of law respecting summary recovery of
possession from a tenant holding over to the same extent as if
statutory notice had been given. Tenant's obligations with
respect to accrued minimum, percentage or additional rent shall
survive the expiration or earlier termination of this Lease
Iftrequested by Landlord, Tenant hereto agrees to execute .
:up~l~m:::r:y ~~I) days after the Rental Commencement Dat~, a
Su 1 0 s Lease, in the form attached hereto as
C pp ement 1, confIrming the Commencement Date the Rental
L~~:nI:m~~tfD~iefand expiration d3te and stating that this
u orce and effect. Entry upon the demised
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premises by. Tenant pr. , to the Rental. Conunencem_ ~ Date shall
be subject to all of the terms, covenants and conditions of ~
this Lesse ekcept for minimum and percentago rent, Tenant's
share of real estate taxes, common area coots, insurance
charges and Merchants' Association dues.
ARTICLE VI
RENT
SECTION 601.
Tenant shall pay to Lan~lord the minimum annu~l rent
in the sums set forth in Section 201D, payable in advance in
equal l1Ionthly installments 011 the first day of each calendar
month d~ring the term hereof, without prior demand therefor.
Such minimum rent shall commence to accrue either (i) on the
date when Tenant shall open the demised premises for business,
or (ii) Qn the date which is forty-five (45) days after the
Landlord has delivered possession of said premises to tlte
Tenant, whichever date is earlier, said date being herein
somet imes ref erred to as the "Rental Commencement Da te." The
first full month's minimum rent and added charges (as d~flned
in Section 3102 below) shall be paid upon execution of this
LellSe. The next rental payment date hereunder shall be the
first day of the first calendar month following the Rental
Commencement Date and shall include the pro-rated amount of
rent and added charges applicable to the period from the Rental
Commencement Date to such rental payment date.
SECTION 602.
For each lease year or portion thereof during the term
hereof, Tenant shftll pay, in addition to minimum rent,
percentage rent as set forth in Section 201E. Anything herein
to the contrary notwithstanding, there shall be no abatement,
apportionment or suspension of the percentage rent payable
hereunder.
SEC'l'ION 603.
The first lease year shall be9in on the Rental
Commencement Date and shall extend for one (1) full calendar
year. Thereafter each lease year shall conunence on the day
fallowing the expiration of the preceding lease year and shall
end at the expiration of twelve (12) calendar months
thereafter.
SECTION 604.
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Within ten (10) days after the end of each calendar
month during the term of this Lease, Tenant shall submit to
Landlord an accurate, unaudited, written statement signed by
Tenant on its behalf by a duly authorized officer or
representative, showing the full amount of Tenant's gross
~~~~~Pt8W:~hthe ~emised premises during the preceding calendar
LaJl(U~rd eac I<]...or~..r'y statement, Tenant shall pay to
respect t~n~h~epr~entda9ie rent, if any, accrued and payable with
ece ng quarterly periOd.
SECTION 605.
Within forty-five (45) days after the end of each
lease year, commencing with the first lease year, Tenant shall
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submit to Landlord a complete statement certified by an
independent certified public accountant acceptable to Landlord
Bnd also certified by Tenant or on its behalf by a duly
authorized officer or representative, showing accurately and in
Buch detail as reasonably required by Landlord the full amount
of Tenant's groS8 receipts in the demised premises during the
immediately preoeding lease year. At the same time Tenant
shall pay to Landlord the full balance of percentage rent
payable for said lease yesr, if any. Any exces~ of percentage
rentals that Tenant may have paid for such lease year shall be
refunded promptly by Landlord to Tenant.
SECTION 606.
The term .gross receipts. as used herein is hereby
defined to mean gross receipts of Tenant and of all licensees/
concessionaires and tenants of Tenant/ from all busineos
oonducted upon or from the demised premises, whether such
receipts be obtained at the demised premises or elsewhere, and
whether such business be conducted by Tenant or,by any
licensees, concessionaires or tenants of Tenant, and whether
such receipts be evidenced by check, credit, charge account,
exchange or otherwise, and shall include, but not be limited
to, the amounts received from the sale of goods, wares and
merchandise (including commissions on lotter.y sales, if anyl
and for services rendered, together with the amount of all
orders taken, received or filled at the demised premises,
whether such orders be filled from the demised premises or
elsewhere. If anyone or more departments ~r other divisions
of Tenant's business shall be sublet by Tenant or conducted by
any person, firm or corporation other than Tenant, there shall
be included in gross receipts for the purpose of fixing the
percentage rent payable hereunder all the gross receipts of
such departments or divisions, whether such receipts be
obtained at the demised premises or elsewhere, in the same
manner and with the same effect as If the business or sales of
such departments and divisions of Tenant's business had beell
conducted by Tenant itself. Gross receipts shall not include
sales or merchandise for which cash has been refunded, or
allowances made on merchandise claimed to be oefective or
unsatisfactory, provided they shall have be'~ previously
included in 9ross receiptsl and there shall be deducted from
gross receipts the sales price of merchandise returned by
customers for exchange, provided that the sales price of the
merchandise delivered to the customer in exchange shall be
included in gross receipts. Gross receipts shall not include
the amount of any sales or use tax levied directly on sales and
collected from customers and paid by Tenant, provided that
specific recoro is made at the time of each sale of the amount
of such sales or use tax and the amount thereof is separately
charged to the customer. No franchise or' capital stock tax and
no income or similar tax based upon income or profits as such
and no gross receipts tax shall be deducted from gross receipts.
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SECTION 607.
The business of Tenant and of any sub-lessee, licensee
or concessionaire upon the demised premises Shall be operated
so that a duplicate sales slip, invoice or cash regist~r
~eceipt, serially numbered, shall be issued with each sale or
~~~saction, whether for cash, credit or exchange or Tenant
w Use such other system for accurately reporting gross
~:c:~rt:ias s:alt be approved by Landlord. Tenant shall keep
at th mes ur ng the term hereof, at the demised premises or
e general office of the tenant, full complete and accurate
.
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books Df a~count and~J Jords in accordance with', ~epted
accounting practices with respect to all operations of the
business to be conducted in or trom the demised premises
including the recording of "ross receipts and the receipt of
all merchandise into and th; delivery of all merchandise from
the demised premises during the term hereof, and shall retain
such books and records, as well as all contracts, vouchers,
checks, inventory records, and other documents and papers in
Bny way relating to the operation of such business, for at
least two (2) years from the end of the lease year to which
they are applicable, or, if any audit is required or a
controversy should arise between the parties hereto regarding
the rent payable hereunder, until such audit or controversy is
terminatod. Such books and records shall at all reasonable
times during the retention period above referred to be open to
the inspection of Landlord or its duly authorized
representatives, who shall have full and free access to the
same and the right to require of Tenant, its agents and
employees, such information or explanation with respect to the
same as may be necessary for a proper examination thereof.
SECTION 608.
If it is determined that the actual gross receipts for
any period covered by the statement required pursuant to
Section 605 of this Article VI shall exceed the amount thereof
shown in said statement by three percent (3" or more, Tenant
shall pay all the expenses incurred by Landlord in determining
the actual gross receipts for said period.
SECTION 609.
Tenant shall, without prior notice or demand and
without any setoff or deduction whatsoever, pay all rentals and
other charges and render all statements herein prescribed at
the office of Agent, 1700 Market Street, Philadelphia,
Pennsylvania or to such other person or corporation, and at
such other place, as shall be designated by Landlord in writing
at least ten (10) days prior to the next ensuing rental payment
date. If Lal~lord shall pay any monies, or incur any expenses
in correction of any violation of any covenant of Tenant herein
set forth, the amounts so p, 'd or incurred shall, at Landlord's
option and on notice to Tenant, be considered additional
rentals payable by Tenant with the first installment of rental
thereafter to become due and payable, and may be collected or
enforced as by law pr.ovided with respect to rentals. Tenant
covenants and agrees that all sums to be paid under this Lease
if not paid within five (5' days after due, shall bear interest
on the unpaid portion thereof at the rate of fourteen (14"
percent per annum from the date when dup. but not in excess of
the highest legal rates. In addition, if Tenant fails to pay
any sum to be paid by Tenant hereunder, Landlord may impose a
late charge in the amount of ten (10') percent of the sum due.
SECTION 610.
Lendlord acknowledges receipt from Tenant of the
Security Deposit as set forth in Section 20lF, to be held as
collateral security for the payment of any rentals and otner
~uT:h~flmoney payable by Tenant under this Lease, and for the
Ta tUh performance of all other covenants and agreements of
t~n~~ re~~~~n~er~ thetamount of said deposit, without intere~t,
o enan after the termination of this Lease and
~~~m~~~:w:~dther~of, provided Tenant shall have made all such
per ormed all such covenants ana agreements. Upon
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any detault by Tenant reunder, all ~r part of ~ .d deposit
may, at La~dlord's sole option, be applied on acoount of suoh
default, and thereafter Tenant shall promptly restore the
resulting defioiencr in aaid deposit. Tenant hereby waives the
benefit of any prov sion of law requiring such deposit to be
held in escrow or in trust, and sald deposit shall be deemed to
be the property of Landlord, Landlord may deliver the funds
deposited hereunder by Tenant to any purohaser of Landlord's
interest in the demised premises and thereupon, Landlord shall
be discharged from any further liability with respect to such
d.pod t.
AR'UCLE VII
COMMON USE AREAS AND FACILITIES,
COSTS I INSURANCE
SECTION 701.
All facilities furnished by Landloru in Shopping
Center and designated for the general use, in common, of
oocupants of the Shopping Center, inoluding Tenant hereunder,
their officers, agents, employees and customers, including, but
not limited to, parking areas, streets, sidewalks, canopies,
roadways, loading platforms, washrooms, shelters, ramps,
landsoaped areas and other similar facilities, shall at all
times be subject to th~ exclusive control and management of
Landlord, and Landlord shall have the right from time to time
to chango thp area, level, location and arrangement of such
parking areas and other facilities above referred to, and to
make all rules and regulations pertaining to and necessary for
the proper operation and maintenance of the common facilities.
Tenant hereunder and any other sub-tenants and licensees shall
comply with all rules and regulations made by Landlord
pertaining to the operation and maintenance of said common
areas and facilities, including, but not limited to, such
reasonable requirements pertaining to sanitation, handling of
trash and debris, loading and unloading of trucks and other
vehiclesl and safety and security against fires, theft,
vandalism, personal injury and other hazards. The parking area
shall be limi~ed ~o parking for customers of Tenants of the
Shopping Cente~ and Tenant and its employees may not park in
any portion of the parking area, except that portion thereof
designated or which may hereafter be designated as "Employees
Parking Area," Landlord (SUbject to reimbursement as set forth
below) will operate and maintain or cause to be operated and
maintained the Common Areas and facilities of the Shopping
Center.
SECTION 702.
For each year of the term hereof, Tenant shall pay to
Landlord, as additional rent, Tenant's proportionate share of
all costs of operation of the Shopping Center and maintenance
of the common areas and facilities of the Shopping Center
(inClUding the enclosed mall) of which the demised premises are
a part. As and for Tenant's proportionate share, Tenant shall'
pay to Landlord the initial annual common lIrea maintenance
Charge as set forth in Section 201G (subject to adjustment as
~ettf~rth belOW), payable as additional rent in equal monthly
ns a ments at the same times as fixed minimum rent is pa able
h~reunder, without demand and without any deduction or set~ff
~fatsoev~ri' If Tenant's proportionate share of the actual cost:
opera on of the Shopping Center and maintenance of the
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common .area,", faeUitie. Lor any Hseat.year of La. .lord exceeds
th~ common area maintenance charges actually paid by Tenant for .
such period, within ninety (90) dars after the ~nd of
Landlord', riscal year, Landlord w 11 deliver to Tenant a
statement Showing in reasonable detail Tenant's proportionate
share of such aQtual cost and, within twenty (20) days after
delivery of such statement, Tenant will pay such excess shown
to be due by said statement, as additional rent. Tenant's
proportionate share of the actual costs of operation of the
Shopping Center and maintenance of the common areas and
facilities shall be in the same proportion to the total costs
of such operations and maintenance as the total gross rentable
area of the demised premises bears to the total gross number of
rentable square feet of ground floor leaseable area contained
within all mall stores (exclUding Department Stores, the
supermarket and stores not attached to the mall, collectively
referred to as .Separate stores.). The statement submitted by
Landlord shall be sufficient evidence of the actual costs of
the aforesaid operation and maintenance. The aforesaid costs
of operation and maintenance shall include all expenditures
incurred by or on behalf of Landlord in operating the Shopping
Center and maintaining the common areas and facilities,
including, without limitation, the cost of cleaning, heating,
ventilating and air-conditioning the enclosed mall, the cost of
all of Landlord's insurance relating to the Shopping Center and
the common areas and facilities (inclUding, but not limited to,
bodily injury, public liability, property damage liability,
automobile insurance, sign insurance, and any other insurance
carried by Landlord for the Shopping Center and the common
areas and facilities in limits reasonably selected by Landlord,
but exclUding insurance described in Section 703 below) I
gardening and landscapingl assessments I repairs, repaving,
replacements, preventive maintenance, repainting, including
restriping of parking lot and accesswaysl rental of signs and
equipmentl lightingl sanitary controll removal of snow, trash,
rubbish, garbage and other refuse I depreciation over a period
not exceeding sixty (60) months of machinery, equipment and
other assets used in the operation and maintenance of the
Shopping Centerl repair and/or replacement of on-site water
lines, sanitary sewer lines, storm water lines and electrical
lines and equipment serving the property; the cost of police,
security and traf[ic control services I the cost of all
personnel required to supervise, implement and accomplish all
of the foregoing I and an administrative charge equal to fifteen
(15\) percent of said costs. Contributions towards such costs
by Separate Stores shall be deducted. At anytime or times
that Landlord determines that Tenant's share of actual costs
will exceed the monthly installments then due from Tenant
hereunder, Landlord may adjust the amount of the monthly
installments thereafter due from Tenant on account of its
proportionate share of the costs of operation of the Shopping
Center and maintenance of the common areas and facilities by
increasing such installments by an amount equal to one-twelfth
(1/12th) of the excess, if any, of Tenant's estimated share of
suoh costs over the annual common area maintenance charge then
due hereunder.
SECTION 703.
For each ycar of the term hereof, Tenant shall pay to
Landlord, as ~dditional rent, Tenant's proportionate share of
all premium costs for fire and broad form all risks extended
coverage insurance and rent insurance respecting all buildings
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llnd imp,rovellJents upon . 4 ShOPpin9 Center, As an.. for Tenant's
proportionate share, Tenant shall pay to Landlord the initial ·
annual insurance charge as Set forth in Section 20lJ (subject
to adjustm~nt IS set forth below) payable as additional re"~ in
equal monthly installments at the same times as fixed minimum
rent is payable hereunder, wi thout demand IInd wi thout allY
deduction or cetoff whatsoever. If Tenant's proportionate
share of the actual cost of such insurance for any insurance
year of Landlord ex=eeds said annual insurance charge actually
paid by Tenant for such period, within ninety (901 days after
the end of Landlord's insurance year, Landlord will delivec to
Tenant a statement showing in reasonable detail Tenant's
proportionato share of such actual insurance costs and, within
twenty (201 day. after delivery of such statement, Tenant will
pay such excess shown to be due by said statement, as addtional
rent (SUbject to adjustment as set forth below). Tenant's
proportionate share shall be the same as set forth in Section
702 with respect to common area maintenance charges, The first
insurance year shall be the period covered by annual insurance
premiums. The statement submitted by Landlord shall be
sufficient evidence of the actual insurance costs. At anytime
or times that Landlord determines that Tenant's share of actual
costs will exceed the monthly installments then due from Tenant
hereunder, Landlord may adjust the amount of the monthly
installments thereafter due from Tenant on account of its
proportionate share of the costs of insurance by incr.easing
such installments by an amount equal to one-twelfth (1/12th) of
the excess, if any, of Tenant's estimated share of such costs
over the annual insurance charge then due hereunder.
SECTION 704.
Sums due pursuant to Section 702 an~ Section 703 shall
be appropriately adjusted for any partial years at the
beginning or end of the term hereof,
1\R'fl CLE V III
MERCHANT'S ASSOCIATION
SECTION BOl.
Tenant shall join and maintain memberShip in an
Association authorized and recognized by Landlord and
established by the Tenants in the Shopping Center. Tenant
shall pay to the Association each lease year such reasonable
assessments as may be fixed from time to time by the
Association for creating and maintaining 8 fund to be used by
the Association for general promotional, advertising and
welfare purposes, inclUding any assessments or dues for
advertising, publicity and general pUblic relations, provided
the cost to Tenant for the first year shall be 8S set forth in
Section 2018. Tenant will comply with such bylaws, rules and
regulations as may be adopted from time to time by said
Association and take such action as shall from time to time be
necessary to remain in good standing in the Association.
Tenant agrees to use the name of the Shopping Center
prominently in all of its advertising and promotional
literature regarding the demised premises.
SECTION B02.
Tenant agrees that the bylaws of the Association shall
provide: (i) each member which is present at a IDeeting and not
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delinquent in any of iL~ payments ~o the Associat.~n shall have
one vote for each square foot of floor area in its demised
premises, (ii) each delinquent member shall be liable to the
Association for its costs (including attorn::'s fees) incurred
in collecting such member's delinquent ~ebts to the
Association, (iii) Landlord shall have a number of votes equal
to the lesser of twenty-five percent (25\) of the total of all
votes in the Association including the vates of Landlord or the
percentage which Landlord's contribution to the Association for
the association year bears to the total amount of all dues
payable to the Association for such assaciution year (iv) the
Landlord, as agent for the Association, may, at its option,
collect all assessments due including delirlquent assessments or
designate another party to collect such assessments, (v)
Landlord may, at its option, elect to provide the Association
with the services of a promotion director and all staff deemed
necsssary by Landlord to effectively carry out the promotion
and public relations objectives of the Association and/or such
reasonable space within the Shopping Center as may be necessary
to carry out the functions of the promotion director and his or
her staff and the Association shall reimburse Landlord for
such, and (vi) Landlord may provide that the occupant of any
department store and/or supermarket shall have a seat on the
Board of Directors. Furthermore, no bylaw, rule or regulation
of the Association shall conflict with the provisions of this
Lease, and more partiCUlarly with any rules and regulations
adopted by Landlord or in any respect diminish the rights of
Landlord hereunder. .
SECTION 803.
In addition, Tenant shall pay to tne Merchants'
Association, as additional rent, the sum of twenty-five ($.25)
cents per rentable square foot of total area le~sed by Tenant
upon receipt of notice from Landlord that the demised premises
are ready for occupancy as Tenant's share of the cost of the
"Grand Opening" of the Shopping Center, said payment to be due
even if Tenant is not open for business for the "Grand Opening"
so long as Tenant is required to open for business hereunder
within one (1) year after the said "Grand Opening."
ARTICLE IX
PUBLIC UTILITIES
SECTION 901.
In addition to all rentals herein specified, Tenant
shall be responsible for and shall pay for all utilities, used
or consumed in or upon the demised premises, and all water
charges, as and when the charges therefor Shall become due and
payable, commencing on the date Landlord notifies Tenant that
the demised premises are ready for occupancy. Unless supplied
by Landlord, Tenant shall promptly make all appropriate
applications to the local utility companies and pay all
required deposits, connection fees and charges for meters and
service for all utilities.
SBCTION 902.
In the event any utility or utility services are
furnished to Tenant for which a lien could be filed against the
demised premises or any portion thereof (such as water rent or
sewage disposal), the Tenant shall at Landlord's request, pay
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l:he cosb thereof l:o Lal. .ord as and when t.he char~_J l:herefor
become dUe and payable, otherwise, Tenant shall deliv~r
original receipted bills therefor t.o Landlord within thirt.y
(30) days after the same arc ~ue and payable without interesl:
or penall:y.
SECTION 903.
(i) In the event Landlord shall elect or be required
to furnich any utility services to Tenant (other than
electricity and Conditioned Air as described below), Tenant
hereby agrees to purchase and pay for the same from Landlord,
provided Landlord shall charge therefor 1I0t more than the Sllme
consumer rate as is charged by the public service corporation
or municipal authority, as l:he case may be, supplying similar
usage and services to a retail customer in the general area in
which the demised premises are situated.
(ii) Tenant agrees to purchase from Landlord and pay
for Conditioned Air to be used by Tenant for heating and air
conditioning the demised premises, as additional rent, upon
presentation of bills therefor, at the rates set forth in and
SUbject to adjustments in accordance with Landlord's
Conditioned Air Charge Rate Adjustment Schedule attached hereto
as Exh ibit "D."
(iii) Landlord will initially purchase water from the
Riverton Water CompallY via at least four (4) metered services
at four (4) meter room locations. Each domestic water meter
will service a grouping of ~~ll stores. A 3/4" capped valve
outlet will be provided for each Tellant. If Tenant requires
greater than a 3/4" water service, Landlord will furnish and
install the required water piping and modification, at Tenant's
expense. At Landlord's option, Tenant will install a water
meter with remote reader. Landlord will only require metering
of large water use tenants such as beauty parlors, restaurants,
etc. Normally, small retail stores with only toilet rooms will
not be required to be metered.
Landlord will divide its total water cost by gallons
supplied to obtain the average water cost per gallon. Landlord
will charge metered Tenants' .or water usage based on the
average cost per gallon multiplied by metered gallons
consumed. Landlord will then deduct from the total water cost,
the amount billed to metered Tenants an~ the balance of. the
water costs shall be apportioned on a gross leasable area basis
among the unmetered Tenants.
(!v) There is currently no sewer rent aside from real
estate taxes. In the event the local authority, municipality,
utility or other body collects for the sewerage or sanitary
service, Tenant covenants and agrees to pey the sewer rent
charge (both minimum and otherwise) end any other tax, rent,
levy, connection fee or meter or other charge which now or
hereafter is assessed, imposed or may become a lien upon the
premises, or the realty of Which they are a part, pursuant to
law, order or regulation made or issued in connection with the
use or maintenance of any sewerage connection or system.
(v) Landlord may, after thirty (30) days' notice to
Tenant, cease to furnish anyone or more of the utility
::~~pi~eSt to the premises, without any responsibility to Tenant,
" 0 connect Tenant's distribution facilities therefor
with another source for the utility service so discontinued.
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, 1v.11 It is 1 ended that l:hf.' cost of el .tri01l:y be .
included n the minimum annual rent. Since the characterlsticB
of Tenant's electrical equipment and fixtures are not known at
the time of the execution of this lease, Landlord and Tenant
are not able to agree upon the sum to be included in the
minimum rent for electricity (said sum being hereinaft~r called
the MElectricity ComponentM). ror that reason, the minimum
annual rent s~t forth in this lease does not include the
Electricity Component. At such time as l:he Electricity
Component shall be determined in accordance with Exhibit "E" of
this lease, J.he minimum annual rent shall be adjusted to
include the Electricity component.
SECTION 904.
Landlord shall not be liable to Tenant for any damages
should the furnishing of any utilities by Landlord be
interrupted, curtailed or required to be terminated because of
necessary repairs or improvements or any cause beyond the
reasonable control of Landlord. Any interruption, curtailment
or cessation of utilities or service shall not relieve Tenant
from the performance of any of Tenant's covenants, conditions
and agreements under this Lease.
ARTICLE X
TAXES
SECTION 1001.
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Tenant shall pay to L3ndlord each fiscal year or years
of the taxing authorities during the term hereof (appropriately
appor~ioned for any partial year at the beginning or end of the
term hereof) on demand, as add!tional rent, "Tenant's share of
real estate taxes", as hereinafter described, based upon the
fiscal years of the taxing authorities.
SECTION 1002.
Tenant's share of real estate taxes for any such
fiscal year ~~all be an amount equal to the product obtained by
multiplying th~ number of gross rentable square feet of ground
floor area leased by Tenant by the "ourrent tax per square
foot" in such fiscal year. The current tax per square foot
shall be computed by diViding the amount of the tot~l real
estate taxes and assessments levied on the Shopping Center by
the total gross number of square feet of rentable ground floor
area in the Shopping Center or portion thereof reflected in
such assessment.
SECTION 1003.
Tenant shall be responsible for and shall pay before
delinquency all taxes assessed against any leasehold interest
or personal property of any kind owned or placed in, upon or
about the demised premises hy the Tenant.
SECTION 1004.
t.h If at any time during the term of this Lease the
~e, o~s of taxation prevailing at the commenc~ment of ~he term
ereo shall be altered GO that in lieu of or as supplement to
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or a substitute for tho .hole or any pbrt of the. JI estate
taxes or assessments now levied, assessed or impaled on the
Shopping Center, t~ere shall be levied, assessed, or imposed
(i) a tax, assessment, levy, imposition or charge, wholly or
partially as a oapital levy or otherwise, on the rents reoeived
therefrom, or (ii) a tax, asSellsment, levy (inclUding, but not
limited to, any munioipal, state or federal levy), imposition
or oharge measured by or based in whole or in part upon the
Shopping Center and imposed upon the Landlord, or (iii) a
lioense fee measured by the rent payable under this Lease, then
all Buoh taxes, assessments, levies, impositions and charges,
or the part thereof so measured or based, shall be deemed to be
inoluded in the general reel estate taxes and assessments
payable by the Tenant pursuant to Seotion 1001 above to the
extent that such taxes, assessments, levies, impositions and
charges would be payable if the Shopping Center were the only
property of the Landlord subject thereto, and the Tenant shall
pay and disoharge the same as herein provided in respect to the
payment of general real estate taxes and assessments. Real
estate taxes shall inolude all taxes attributable to
improvements now or hereafter made to the Center or any part
thereof or the present or future installation of fixtures,
machinery or equipment thereon or therein, all real estate
taxes, assessments, water and sewer rents (not based on
consumption) and other impositions and charges of every kind
and nature whatsoever, nonrecurring as well as recurring,
special or extraordinary, ordinary, foreseen and unforseen and
all installments thereof levied, assessed or impos~d or due and
payable are liens upon or arising in connection with the use,
occupancy or possession of, or any interest in, the Center or
any part thereof, or any land, building or other improvements
therein.
SECTION 1'005.
As and for Tenant's proportionate share of real estate
taxes, Tenant shall pay to Landlord the initial annual real
estate tax charge as set forth in Section 2011, payable as
additional rent in equal monthly installments at the same times
as fixed minimum rent is payable hereunder, without demand and
without any deduction or setoff whatsoever. If Tenant's
proportionate shar~ of the actual real estate taxes and
assessments for any fiscal year exceeds said real estate tax
charge actually paid by Tenant for such period, Landlord will
deliver to Tenant a statement showing in reasonable detail
Tenant's proportionate share of such actual real estate taxes
and assessments and, within twenty (20) days after delivery of
such statement, Tenant will pay such excess shown to be aue by
said statement as additional rent. The official tax bill and
the statement submitted by Landlord shall be sufficient
evidence of the actual real estate taxes and assessments. If
at any time or'times Landlord receives notice of an increase in
the assessment or tax rate, Landlord may adjust the amount of
the monthly installments thereafter due from Tenant an account
of its proportionate share of real estate taxes and assessments
by increasing such installments by an amount equal to
one-twelfth (1/12th) of the excess, if any, of Tenant's
estimated share of such real estate taxes and assessments over
the real estate tax charge then due from Tenant hereunder.
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I\R'rICLE' Xl
REPAIRS
.
SECTION 1101.
Landlord will keep the r~of and the exterior walls of
the demised premises, in proper repair, excepting any work done
by Tenant, any glass, doors, door closers or frames, and
excepting any work done by Tenant and work required by reason
of Tenant's negligence or misuse of the demised premises, ,
provided that in each case Tenant shall have given Landlord
prior written notice of the necessity of such repairs. The
repair or replacement of work done by Tenant, glass, doors,
door closers and frames and damage caused by Tenant's
negligence or misuse of the demised premises shall be the
responsibility of and ~hall be done by the Tenant. Tenant will
also make all necessary repairs and replacements in order to
keep the interior of the demised premises, together with .11
electrical, plumbing, heating, air-conditioning and other
mechanical installations therein, all doors, door closers and
frames, all plate glass and door and window glass frames and
all fixtures, equipment and stock, clean and in good order and
proper repair (including periodic painting) at its own expense,
using materials and labor of kind and quality equal to the
original work, Bnd will surrender the demised premises at the
expiration or earlier termination of this Lease in 89 good
condition as when received, excepting only deterioration caused
by ordinary wear and tear and damage by accidental fire or
other casualty of the kind insured against in standard pOl,Jies
of fire insurance with extended coverage not caused by Tenant,
its agents, employees and invitees. Except as hereinabove
provided, Landlotd shall have no obligation to repair, replace,
maintain, alter or modify the demised premises or any part
thereof, or any plumbing, heating, electrical, air-conditioning
or other mechanical installation or equipment therein and the
same shall be the responsibility of the Tenant. Under no
oircumstances shall Landlord be obligated to repair, replace or
maintain any plate glass or door or window glass, frames or
door covers and Tenant shall at all times carry In a reputable
company, full coveTage insurance on all plate glass in the
demised premises and shall cause prompt replacement if ch il'.'ed,
cracked or broken, said policy or a c~rtificate thereof shall
be deposited with Landlord and shall provide that it shall not
be cancelled or modified for any reason without at least twenty
(20) days prior notice thereof to Landlord. Anything herein to
the contrary notwithstanding, any work or alteration made by
tenant to the roof, exterior walls or affecting the structural
integrity of the building of which the demised premises are a
part (even if with Landlord's consent) shall release and
discharge the Landlord of and from any duty Landlord may have
to keep and maintain the same in good order and repairl and
Tenant agrees to be Bolely responsible for and thereafter to
repair and to ~aintaln the roof, exterior walls and the
structural integrity of the building to or on which Tenant has
caused any work to be done or alteration made. No holes are to
be cut t.hrough the roof without Landlord's prior written
consent. In the event any holes are required to be cut in the
roof, Tenant will engage Landlord's roofing contractor or any
roofer ap~roved by Landlord's bonding company, to flash and
Patch such holes so as to maintain the validity of Landlord's
roof bond and responsibility thereunder.
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ARTICLE 'XII .
TENANT'S RIGHT TO MAKE ALTERATIONS
SECTION 1201.
Tenant shall not make any alterations, improvements or
additions to the demised premises during the term of this Lease
or any extension or renewal thereof without first obtaining the
written oonsent of Landlord. Tenant shall not out or drill
into, or seoure any fixture, apparatus or (lquipment of any kind
to any part of the demised premisea without first obtaining the
written oonsent of Landlord. All alterations, improvements and
additions made by T~nant as aforesaid shall remain upon the
premises at the expiration or earlier termination of this Lease
and ehall become the property of Landlord, unless Landlord
shall, prior to the expiration or termination of this Lease,
have given written notioe to Tenant to remove the same, in
whioh event Tenant shall remove such alterations, improvements
and additions and restore the premises to the same good order
and condition in which it was at the commencement of this
Lease. Should Tenant fail so to do, Landlord may do so,
OOllecting, at Landlord's option, the cost and expense thereof
from the Tenant as additional rent.
SECTION 1202.
Tenant shall at all times maintain fire insurance with
broad form all rIsks extended coverage endorsement insuring the
interest of Landlord, Agent and of Tenant !' companies
acceptable to Landlord at all times and in an amount acceptable
to Landlord at all times as adequate to cover the full costs of
replacement of all such alterations, additions, improvements or
changes in the event of fire or extended coverage loss. Tenant
shall deliver to the Landlord certificates of such fire
insurance coverage, and such policy shall contain a clause
requiring the insurer to give the Landlord twenty (20) days'
prior notice of cancellation. 'fen!lllt shall deliver to Landlord
new or renewal insurance certiflcates twenty (20) days prior to
termination or cancellatlon of the prlor pOlley.
ARTICLE XIII
AFFIRMATIVE COVENANTS OF TENANT
SECTION 1301.
Tenant shall I
(1) Comply with any and all current or future
requirements of any of the constltuted pUblic authorities, and
with the terms of any State or Federal statute or local
ordinance or regulation applicable to Tenant or its use or
occupancy of the demised premises, and save Landlord harmless
from penalties, fines, coats, expenses or damages reSUlting
from failure to do SOl
(ii) Give to Landlord prompt written notice of any
accident, fire or damage occuring on or to the demised premisesl
(iil) Load and unload goods at such times in the
areas and through such entrance as may be designated for such
purposes by Landlord. Such trailers or trucks shall not be
g:~~~~tedhtothremalin parked, overnight, in any area of Shopping
, Weer oaded or unloaded,
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(iv) See that there are no undue accumulations of
garbage and refuse, keep the same in proper containers on the
interior of the demised pr~mlses,untll called for collection,
remove the same at Tenant'. expense, all in accordance with
municipal regUlations,
(v) Operate heating and cooling equipment to maintain
store temperature between 68-F and 74-F in the winter months
and between 72-F and 78-F in the summer months, subject to
oontrary governmental regulations,
(vi) Keep the outside areas immediately adjoining the
demised premises clean and free from snow and ice and not to
place or permit any rubbish, obstructions or merchandise in
such arees,
(vii) Keep the demised premises (inClUding all
exterior surfaces and both sides of all glass) clean, orderly,
sanitary and free from objectionable odors and from insects,
vermin and other pests,
(viii) Require Tenant's employees to park their cars
only in those portions of the parking area designated for the
purpose by Landlord,
(ix) Keep its display windows, including window or
shadow boxes, in the demised premises, dressed and illuminated
and its signs and external lights well lighted every day from
~undown until 10:00 P.M., \p.place promptly at Tenant's expense
with gl~ss of kind and quality equal to the original any plate
glass or window or door glass in the demised premises which may
6eoome cracked or broken,
(x) Conduct its business in the premises in all
respects in a dignified manner and in accordance with high
standards of store operation,
(xi) Comply with all reasonable rules and regulations
of Landlord in effect at the time of the execution of thig
Lease or at any time or times, and from time to time,
promulgated by Landlord, ". \ch Landlord in its sole discretion
shall deem necessary in' oOnllection with the demised premises,
the building of which demised premises are a part, or the
Shopping Center, including the installation of such fire
extingUiShers, water buckets and other safety equipment as
Landlord may reasonably require, and
(xii) In the event any labor, materials or equipment
are furnished to Tenant on the demised premises with respect to
which any mechanic's or materialman's lien might be filed
against the demised premises, or against Landlord's interest
therein, take appropriate action prior to the furnishing
thereof to assure that no such lien will be fileal and pay
when due, all sums of money that may become due for any su~h
labor, materials or equipment and to cause any such lien to be
fully discharged and released promptly upon receiving notice
thereof, and shall indemnify and save Landlord harmless from
~ny cost, 1088 or expense, including reasonable attorney's
ees, resulting from the filing of such lien or incurred b
Landlord in discharging the same should Tenant fail to do ~o
~romp~lr' Nothing in this Lease is intended to authorize
enan 0 do so or cause any work or labor to be done or an
~:~~~ia~s t~lbe supplied for the account or benefit of y
bel~ef ~~ ~n~ at o~e~~~t ~ame Ito bei solely for Tenant's account and
s so e r sk and expen~e.
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ARTICLE XIV
NEGATIVE COVENANTS OF TENANT
SECTION 1401.
Tenant ahall not do any of the following without the
prior cons~nt in writing of Landlords
(i) Use or operate any machinery that, in Landlord's
opinion, ia harmful to the building or disturbing to other
tenants in the building of which the demised premises is a
part, nor shall Tenant use 8ny loud speakers, televisions,
phonographs, radios or other devices in a manner so as to be
heard or Been outside of the demised premises, nor display
merchandise on the exterior of the demised premises either for
8ale or for promptional purposesr
(ii) Do or suffer to be done, any act, matter or
thing objectionable to the fire insurance companies whereby the
fire insurance or any other insurance now in foroe or hereafter
to be placed on the demised premises or any part thereof, or on
the building of which the demised premises may be a part, shall
become void or suspended, or whereby the same shall be rated as
a more hazardous risk than at the date when Tenant receives
possession hereunder. In case of a breach of this covenant, in
addition to all other remedies of Landlord hereunder, Tenant
agrees to ~.~ to Landlord as additional rent any and all
increase or Increases of premiums on insurance carried by
Landlord on the demised premises, the Shopping Center or any
part thereof, caused in any way by the occupancy ot Tenant!
(iii) Attach any awning, antenna or other projection
to the roof or the outside walls of the demised premises or the
building of which the demised premises are a part!
(iv) Conduct any auction, fire, bankruptcy, or
selling-out sale on or about the demised premises!
(~. Be upen for business on any Sunday unless the
Hall is opened and operated by Landlord!
(vi) If Tenant is a corporation, merge with another
entity or liquidate or dissolve! nor shall control of said
corporation change or be affected by the transfer of stock
except by reason of death of a Shareholder,
(vii) Execute or deliver any security interest in any
trade fixtures or other property placed upon the demised
premises at any timer and
(viii) Solicit business or distribute any handbills
or other advertising matter in the common areas of the Shopping
Centerr
Name.
(ix) Operate under any name other than Tenant's Trade
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ARTlCLE XV '
SIGNS
SECTION 1501.
Tenant shall not place, alter, exhibit, inscribe,
paint or affix any sign, awning, canopy, advertisement, notice
or other lettering on any part of the outside of the demised
premises or of the building of which the demised premises is a
part, or inside the demised premises if visible from the
outside, nor paint any brick or stonework, cornice work, mill
work or iron wotk, without first obtaining Landlord's written
approval thereof, and Tenant further agrees to maint~in such
.ign, awning, nanopy, lettering, etc., as may be approved in
good condition and repair at all times, and repair all damage
to the demised premises that is caused by the installation,
maintftnance or removal of such signs, lettering, etc. Tenant
shall comply with the sign specifications attached hereto 8S
Exhibit "C" and made a part hereof.
ARTICLE XVI
RIGHTS OF LANDLORD
SECTION 1601.
Landlord reserves the following rights with respect to
the demised premises I
(i) At all reasonable times, by itself or its duly
authorized agents, employees and contractors to go upon and
inspect the demised premises and every pact thereof, to enforce
or carry out the provisions of this Lease, at its option to
make repairs, alterations and additions to the demised premises
or the building of which the demised premises are a part, to
perform any defaulted obligation Tenant or for any other
purposesl
(ii) To display a "For Sale" sign at any time, and
also after notice from either party of intention to terminate
this Lease, or at any time within five (5) months prior to the
expiration of this Lease, a "For Rent" sign, or both "For Rent"
and "For Sale" signs, and all of said signs shall be placed
upon such part of the demised premises as Landlord shall
require, except on display windows or doors leading into the
demised premises. Prospective purchasers or tenants authroized
by Landlord may inspect the premises at reasonable hours at any
time,
(iii) To install or place upon, or affix to, the roof
and exterior walls of the demised premises equipment, signs,
displays, antenna, and any other object or structure of any
kind, provided the same shall not materially impair the
structural integrity of the building or interfere with Tenant's
occupancy,
(iv) At any time and from time to time to make
alterations, or additions, to, and to build additional stories
on, the building in which the premises are contained, and to
build adjoining the Dame. Landlord also reserves the right to
construct other or add to other buildings or improvements in
the Shopping Center, and to permit others to do so to do so
from time to time, '
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Iv) To discontinue any and all facilities furnished
bnd services renderAd by Landlord not expressly convenanted for
herein, it being understood that they constitute no part o~ the
consideration for this Lease,
(vi) At any time and from time to time to use all or
any part of the roof and exterior walls of the demised premises
for any purposes, to erect scaffolds, protective barriers and
other aids to coristruotion on, around and about the exte~ior of
the demi.ed premises, provided that access to the demised
premises shall not be completely denied, to enter the demised
premises to shore the foundations and/or walls thereof and/or
to install, mainta1n, use, repair, inspect and replace pipes,
ducts, conduits and wires leading through the demised premises
and serving other parts of the ShoPfing Center in locations
which do not materially interfere w th Tenant's use thereof.
Tenant further agrees that Landlord may make any use it desires
of the side or rear walls of the demiAed premises, provided
that there shall be no encroachment upon the i~terior of the
demised premises,
(vii) If an excavation shall be made or authorized to
be made upon land adjacent to the premises, Tenant shall afford
to the person causing or authroized to cause such excavation
license to enter upon the premises for the purpose of doing
such work as Landlord shall deem necessary to preserve the wall
or the building of which the premises form a part from injury
or damage and to support the same by proper foundations,
without 6ny claim for damages or indemnification against
Landlord or diminution or abatement of rent,
(viii) Landlord shall not be liable in any such case
for any inconvenience, disturbance, loss of business or any
other annoyance arising from the exercise of any or all of the
rights of Landlord in this Section 1601,
(ix) The purpose of the plan hereto annexed as
Exhibit "A" is solely to show the approximate location of the
demised premises. Landlord hereby reserves the right at any
time and from time to time to make changes or revisions in such
plan, inClUding, bet not limited to, additions to, subtract~ons
from, and/or relocations or reatrangements of, the bul1i1ings,
parking areas, and other Common Areas shown on such plan,
provided only that the size of the demised premises, and
reasonable access thereto shall not be substantially impairedl
(x) Landlord reserves the right to sever the
ownerShip of or title to the various sections of the Shopping
Center and/or to place separate mortgages on said sections of
the Shopping Center and/or to place separate mortgages on said
sections, in which case the right of Tenant and other tenants
in the Shopping Center will be preserved by a written
declaration or agreement, to be executed by Landlord and duly
recorded, creating mutual, reciprocal and interdependent rights
to use the parking and other common areas and the utiliti~s and
facilities needed for the full Use and enjoyment of the d~mised
premises by Tenant and other tenants or OCcupants in the
shopping Center without impairing any of the duties and"
Obligations of Landlord to Tenant under this r.ease. Tenant
shall execute from time to time such instruments reasonably
requiireid by Landlord and its mortgagee to effectuate the
pro v Sons of the Section 1601 (Xl, and '
(lli) If during the last month of the term of this
Lease or any renewal or extension thereOf, Tertant shall have
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remove~ all or substal..J.ally all 'of Tenant's prot'~rty from t.he '
demised premises, Landlord may, prior to the expiration or
termination of the term of this Lease, without releasing Tenant
from any of Tenant's obligations pursuant tn this Lease,
including, without limitation, Tenant's obligations to repair
and restore the demised premises and to pay the full rent and
other sums due hereunder, immediately enter upon the demised
premises and alter, renovate and decorate the same.
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ARTICLE XVII
DAMAGE TO PREMISES
SECTION l70l.
If the demises premises shall be damaged by fire or
other insured casualty, not due to Tenant's negligence, but are
not thereby rendered untenantable in whole or in part, Landlord
ehall promptly at its own expense cause such damage to be
repaired, and the minimum annual rent shall not be abated. If
by reason 0' any such occurrence, the demised premises shall be
rendered un~enantable only in part, Landlord shall promptly at
its own exp,nse cause the damage to be repaired, and the
minimum ren~ meanwhil. shall be abated proportionately as to
the portion of the demised premises rendered untenantable. If
the demised premises .hall be rendered wholly untenantable by
reason of such occurrence, the Landlord shall promptly at its
own expense caus& suc~ damage to be repaired, and the minimum
rent meanwhlle shall be abate~ in whole,~-ovided, however,
that Landlord shall have the right, to be exercised by notice
in writing delivered to Tenant within sixty (60) days from and
after said eccurrence, to elect not to reconstruct the
destroyed premises, and in such event this Lease and the
tenancy her,by create~ shall cease as of the date of said
occurrence, the rent to be adjusted as of such date.
Landlord's obligationa hereunder shall be limited to the
building shell and work originally done by Landlord at
Landlord's cost.
ARTICLE XVIII
INDEMNIFICATION AND PUBLIC LIABILITY INSURANCE
SECTION 1801.
Tenant will indemnify Landlord and save it harmless
from and against any and all claims, actions, damages,
liability and expense in r.onnection with loss of life, personal
injury and/or damage to property occurring in or about, or
arising from or out of, the demised premises and adjacent
sidewalks and loading platforms or areas or occasioned wholly
or in part by any act or omission of Tenant! its agents
contractors, customers or employees. Tenant shall keep'in
force at its own expense public liability insurance in
companies at all times acceptable to Landlord sufficient to
cover such indemnification and naming as insureds Landlord,
~ge~: a~d Tenant, (and, upon request, any other party named by
a~ or) and containing an express waiver of any right of
su rogation against Landlord and other named insureds '
~h~~~nated by Landlord, with minimum limits of Five Hundred
or de:~~ O~llars ($500,000) on account of personal injuries to
account o~ p:~:o~:~s~nnj'Uanid onte Million Dollars ($1,000,000) on
r es 0 or death of more than one
(XiilNotwithstanding anything to th
relocate Tenant's demised pre i e contrary her'eil1', Landlord reserves the right to
mall and such relocati~n shal~ ~:s to an alte~native location within the enclosed
adversely affect Tenant's abilit :t Lan~lord s expense and shall not materially or
or egress to the demised' premise~ ~ c~n u~t business or affect ViSibility or ingress
and Tenant. Should such relocati. uc re oeation shall be approved by both Landlord
right to terminate the lease wit on not be approved by Tenant, Tenant shall have the
in writing of the new location, hin ninety (90) days after~dlord notifies Tenant
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person as the result: ~., lny one aljcide/lt or disa~ :, llnd Five
Hundred ThoOsand Dollars ($500,000) on account of damagu to
property, llnd Tenant will further deposit the pOlicy or
policies of such insurance, or certificates thereof, with
Landlord with evidence of paYlnent of premium at all times
commencing with the date Tenant first enters upon the demisea
premises for any purpose. Bach policy shall provide against
cancellation without twenty (20) days' prior written notice to
the named insureds. Landlord may require increased insurance
limits if appropriate for similar operations in t.he area of the
Shopping Center at any timl.
ARTICLE XIX
WAIVER OF CLAIMS
SECTION 1901.
Landlord and Landlord's agents, employees and
contractors shall not be liable for, and Tenant hereby releases
all claims for, damage to person or property sustained by
Tenant or any person claiming through Tenant resulting from any
theft, fire, accident, occurrence or condition in or upon the
demised premises or building of which they shall be a part,
inClUding, but not limited to such claims for damage resulting
from (f) any defect in or failure of plumbing, heating or
air-conditioning equipment, electric wiring or installation
thereof, water pipes, stairs, railings tlr walks, (ii) any
equipment or appurtenances becoming out of repair; (iii) the
bursting, leaking or runnin~ of any tank, washstand, water
closet, waste pipe, drain or any other pipe or tank in, upon or
about such building or premises, (iv) the backing up of any
sewer pipe or downspout, (v) the escape of steam or hot water;
(vi) water, snow, or ice being upon or coming through the roof
or any other place upon or near such building or premises or
otherwise; (vii) the falling of any fixture, plaster or stuccOI
(viii) broken glass 1 and (ix) any act or omission of co-tenants
or other occupants of said building or of adjoining or
contiguous property or buildings.
SECTION 1902.
In the event the demised premises or its contunts are
damaged or destroyed by fire or other insured casualty, the
rights, if any, of either party hereto against the other with
respect to such damage or destruction are waived; and all
policies of fire and/or extended coverage or other insurance
covering the demised premises or its contents shall contain a
clause or endorsement providing in substance that the insurance
shall not be prejUdiced if the insureds have waived the right
of recovery from any person or persons prior to the date and
time of loss or damage, if Bny.
ARTICLE XX
TRADE FIXTURES
SECTION 2001.
i All trade fixtures installed by Tenant in the leased
l~em ses shall be new or completely reconditioned and remain
oree~~~l:~tie~~i~entaint aOfd Shall be remOvable at the expiration
a on 0 this Lease or any renewal or
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extension thereof, pro\.ded Tenant' sha!l not at s~~h time be in
default under any oovenant or agreement contained in this
Leale, and provided further, that in the event of suoh removal
Tenant shall promptly restore the ~remisea to their original
order and condition. Any luch trade fixtures not removed at or
prior to luch termination shall be and become the property of
Landlord. All improvements and fixturea ins~alled by Tenant
other than trade fixtures, including but not limited to,
heating equipment, lighting fixtures, air-conditioning
equipment, store front, oeiling, wall treatment, floor
covering, ~lumbing and electrical systems and fixtures, whether
or not inltalled by Tenant, shall not be removable at or before
the expiration or earlier termination of this Lease or at the
expiration of any renewal or extension thereof, and shall
become the property of Landlord without any compensation
therefor to Tenant.
ARTICLE XXI
ASSIGNING, MORTGAGING, SUBLETTING
SECTION 2101.
Tenant shall not assign, mortgage, pledge or encumber
this Lease, in whole or in part, or sublet the whole or any
part of the demised premises, or permit the use of the whole or
any part of the demised premises by any licensee or
concessionaire, without first obtaining the written consent of
Landlord. ~his prohibition shall be construed to include a
prOhibition against any assignment or subletting by operation
of law. In the event of any such assignment, subletting,
lip~nsing or granting or a concession, made with the written
consent of the Landlord as aforesaid, Tenant will nevertheless
re~ain liable for the performance of all the terms, conditions,
and covenants of this Lease. Any permitted assignment or
subletting shall be by agreement in form and content acceptable
to Landlord. If Tenant is a corporation, and if control
thereof or of its parent changes at any time during the term
hereof, Landlord, at its option, may, by giving sixty (60) days
prior wr.itten notice to Tenant, declare such change a breach of
this Lease. Landlord hereby consents to the assignment of this
Lease or the subletting of the demised premises to a wholly
owned subsidiary of Tenant, subject to the provisions above
respecting continued liability of Tenant and the form and
substance of the agreement. If any assignment or subletting
involves a change of use, Landlord may condition its approval,
inter alia, upon a revision of the percentage rent rate as may
be appropriate for such different use.
ARTICLE XXII
SUBORDINATION
SECTION 2201.
This Lease, upon request by Landlord, shall be
automatically subject and subordinate to any and all
nO~iocc~pancy lea~es, mortgages or deeas of trust (collectively
~a ted Mortgages) now or hereinafter placed upon the Shopping
en er, or any part thereOf, and to all future modifications
C~~solidations, replacements, extensions and renewals of an~
a amendments and Supplements to said Mortgages '
Notwithstanding such subordination, as aforesaid; this Lease,
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excep~'as otherwise heL~inafter piovid~d, shall n~~ terminate
or be divested by foreclosure or other default proceedings
under said Mortgages or Obligations secured thereby, and Tenant
shall attorn to and recognize the Leslor, Mortgagee, Trustee or
the purchaser at the foreclosure sale in the event of such
foreclosure or other default proceeding, as Tenant's Lsndlord
for the balance of the term of this Lease, subject to all of
the terms and provisions hereof. Such Lessor, Mortgagee or the
purchaser at said foreolosure .ale shall not bel
(111)
Liable for any act or omission of Landlord,
Subject to any offsets or defenses which Tenant
might have against Landlord,
B,ound by any rent or additional rent which Tenant
may have pa d to Landlord for more than the
current month, and
(iv) Bound by any amendment or modification of this
L!ase made without its consent.
(i)
(11)
SECTION 2202.
Notwithstanding the attornment agreements hereinabove
set forth, the beneficiary of ony such attornment agreements
may elect to declare said attornment provisions to be null and
void and of no force and eff.ect.
SECTION 2203.
Tenant agrees to execute, acknowledge and deliver any
and all documents required to effectuate the provisions of this
Ar tiele XII.
SECTION 2204.
Tenant agrees to give any such Lessors, Mortgagees
and/or trust deed holders by registered mail a copy of any
notice of default served upon the Landlord, provided that prior
to such notice, Tenant has been notified in writing (by way of
Notice of Assignment of Rents and Leases, or otherwise) of the
address of such Lessors, Mortgagees and/or trust deed holders.
Tenant further agrees that if Landlord shall have failed to
cure such default within the time provided for in this Lease,
then such Lessors, Mortgagees and/or trust deed holders shall
have an additional 60 days within which to cure such default or
if such default cannot be cured within that time, then such
additional time as may be necessary to cure such detault
(inClUding, but not limited to, commencement of foreclosure or
default proceedings, if necessary, to effect such cure) in
which event this Lease Shall not be terminated while such
remedies are being so diligently pursued.
SECTION 2205.
In the event that Landlord, any mortgagee or proposed
mortgagee of the Shopping Center of which the demised premises
are a part, or any governmental or quasi-governmental body
contemplating the issuance of or having issued obligations with
:~:p:ct t: the Shopping Center of which the demised premises
their ~:~pe:~iany part thereof (the "Authority"), or any of
" ve counsel, shall deem Tenant to be a "princi al
~:~~nu~w~~~~noih~9~:aning of Sdecdtion 103(b) (6) of the Inter~al
, as amen e (the "COde")) of any facility
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with re'spect to which ~ ,I! AuthorHy shall author1h the
issuance of or shall have issued obligations intended to
qualify under said Section 103(b) (6) of the Code, Tenant shall
provide, upon written request of Landlord from time to t!m- (1)
a statement of capital expenditures made by Tenant and related
persons (as defined in Section 103 (bl (6) (el of the Code) in the
county or incorporated municipality in which the demised
premi.es are located during lhe period beginning three (3)
years before the date of issue of the Obligation of the
Authority, and (ii) supplemental statements of capital
expenditures during'the period ending three (3) years af~er the
date of suoh issue. Such statements of capital expenditures by
Tenant shall be made in a manner complying with the regulations
promulgated under Section 103 of the Code (which regUlations
currently require, inter alia, the listing of dates and amounts
of each capital expenarturer-and shall also, where required by
suoh regUlations, be filed with or submitted to the Internal
Revenue Service and/or the, Authority.
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ARTICLE XXIII
O!,'I:'SET STATEMENT
SECTION 2301.
Within ten (10) days after request therefor by
Landlord, or in the event that upon any sale, assignment, lease
or hypothecation of th, leased premises and/or the land
thereunder by Landlord, an offset sta tement shall be recall I red
from Tenant, Tenant ag,ees to deliver in recordable form a
certificate to any proposed Mortgagee, Lessor or purchaser, or
to to the Lan~lord, certifying (if such be the easel that this
Lease is in full force and effect and there are no defenses or
offsets thereto, or stating those claimed by Tenant.
ARTICLE XXIV
TRANSFER BY LANDLORD
SECTION 2401.
, '
The term "Landlord" as used in this Lease means the
Owner, only for the time being, of fee title or a leasehold
estate in and to the demised premises. So long as all sums
held in escrow by Landlord are paid over to any transferee of
said premises or assignee of said leasehold estate, Landlord
shall be and is hereby relieved of all covenants and
obligations of Landlord hereunder after the date of transfer of
said demised premises or assignment of said leasehold estate,
as the case may be, and it shall be construed without further
agreement between the parties that the transferee has assumed
and agreed to carry out any and all covenants and obligations
of Landlord hereunder from the date of such transfer.
ARTICLE XXV
CONDEMNATION
SECTION 2501.
Tenant hereby waives as to Landlord and the condemning
authority any award or damage or claim therefor for loss or
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damage' to Tenant as th.. result at' the 'exercise at ,he power of
eminent domain of any governmental body, whether such loss or
damage results from condemnation of pGrt or all of the demised
premises or any portion of the par.king ar-~ or service
entrances and exits. Should any power Qf eminent domain be
exercised after Tenant is in possession, such exercise shall
not void or hlpdr this Agreement unleu the amount of the
demised premises so taken is 8uch as to substantially impair
the usefulness of the demised premises for the purpose for
whi~h the 8ame ar~ hereby demised in which event either party
may cancel this Lease by notice to the olher within sixty (60)
dftY8 after possession is taken and the rental herein provided
shall abate (proportionately or entirely, as the case may be)
a8 of the date posse8sion is taken by the condemning authority.
ARTICLE XXVI
FINANCING STATEMENT
SECTION 2601.
Tenant shall not enter into, execute or deliver any
financing 8greement that can be considered as a priority to any
1e8se, mortgage or deed of trust upon the demised premises and,
in the event Tenant does so execute or deliver such financing
agreement, such action on the part of Tenant shall be
considered a breach of the terms and conditions of this Lease
entitling Landlord to such remedies as are provided for
herein. Tenant agrees that Landlord sha:' have an express
contractual lien (in addition to any statutory lien) for the
performance of 811 of Tenant's obligations pursuant to this
Lellse, upon all of the fixtures, machinery, equipment, goods,
inventory and personalty which are, or hereafter may be, placed
in or upon the demised premises.
ARTICLE XXVI I
SURRENDER AND HOLDING OVER
SECTION 2701.
Tenant, upon expiration or termination of thlsLease,
either by lapse of time or otherwise, shall peaceably render to
Landlord the premises in broom-clean condition and In good
repair. In the event that Tenant shall fail to surrender the
premises upon demand, Landlord, in addition to all other
remedies available to it hereunder, shall have the right to
receive, as liquidated damagES for all the time Tenant shall so
retain possession of the premises or any part thereof, an
amount equal to twice the minimum and percentage rent specified
in this Lease, as applied to such periOd. If Tenant remains in
possession of the premises with Landlord's consent but without
a new Lease reduced to writing and duly executed, Tenant shall
be deemed to be occupying the premises as a tenant at will
subject to all the covenants, conditions and agreements of'this
~ease, except that the then current minimum annual rent shall
e increased by SOt during such periOd.
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ARTICLE XXVII I
NOTICES
SECTION 2801.
Wherever in this Lease it shall be required or
permitted that notioe or demand be given or served by either
perty to thil Lease to one or the other, suoh notioe or demand
shill not be deemed to have been duly given or served unless in
writin9 and either per.onally delivered or ~orwarded by
Certified Mail, Return Reoeipt Requested, postage prepaid,
addresled al folloWI.
TO THE LANDLORD AT. Suite 460
555 E. City l.ine Avenue
Bala Cynwyd, Pa. 19004
TO THE TENANT AT. the address set forth in
Article I obevs.
suoh addresses may be changed from time to time by either party
by serving ~otices as above provided.
ARTICLE XXIX
PERFO~NCE OF TENANT'S COVBNANTS
SECTION 2901.
Te~ant shall perform all agreementJ herein expressed
on its part tp be per~prmed, and will promptly upon receipt of
written notlce of non-performance thereof, comply with t~e
requirements of such ~otice, and further, if Tenant shall not
comply with such notiae to the satisfaction of Landlord within
for ty-eight (U) hours a ft:er dell very the reof, (or if such
compliance cannot reasDnably be completed within forty-eight
(48) hours, if Tenant shall not commence to comply within such
periOd and thereafter proceed to completion with due
diligence), Land10rd may, at its option, do or cause to be done
any or all of the things at~cified in said notice, and in so
doing Landlord shall have the right to cause its agents,
employees and contractors to enter upon the demised premises
and in such event shall have no liability to Tenant for any
loss or damage reSUlting in any way from such action, and
Tenant shall par promptly upon demand any expense incurred by
Landlord in tak n9 such action, any such sum to be collectible
from Tenant as addItional rent hereunder.
ARTICLE XXX
EVENTS OF DEFAULT
SECTION 3001.
The occurrence of any of the following shall
constitute an event of default hereunder. '
(i) Failure of Tenant to commence business within tho
time period specified by Article III hereof,
liL) Discontinuance by Tenant of the conduct of its
business in the demised premises,
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(iii) 'he filing of a.petition by or against Tenant
for adjudication as a bankrupt or Insolvent, for its
reor9aniz~Hon or for the eppointlnent of a receiver or trustee
of Tenant'l property, an aSlignment by Tenant for the benefit
of creditors, or the taking of posseslion of the property of
Tenant by any governmental officer or agency pursuant to
atatutory authority for ths dlslolutlon or liquidation of
Tenant,
'Iv) Failure of Tenant to pay whsn due any
Inltallment of rant hereunder or any other sum herein required
to be paid by Tenant,
(v) Vacation or desertion of the demised premises or
permitting the lame to be empty and unoccupied,
(vi) Tenant'a removal or attempt to remove, or
manifesting an Intention to remove Tenant's goods or property
from or out of the demised premises otherwise than in the
ordinary and usual course of business without having first paid
and satisfIed Landlord for all rent which may become due during
the entire term of thia Lease,
(vii) Tenant's failure to perform any other covenant
or condition of this Lease within twenty (20) days after
written hot ice and demand, unless the failure is of such a
character as to reauire more than twenty (20) dars to cure, in
which event Tenantrs failure to proceed diligent y to cure such
failure a' '11 constitute an event of default, and
(viii) Failure of Tenant to comply with Section 2701
hereof.
ARTICLE XXXI
RIGHTS OF LANDLORD UPON DEF'1\ULT BY TENAN'l'
SECTION 3101.
..~ the event of occurrence of an event of default
hereunderl
(i) The whole rent for the balance of the term of
this Lease, as hereinafter computed, or any part thereof, at
the option of the Landlord, shall immediately, without act or
notice, become due and payable as if by the terms of this Lease
the same were payable in advance, and
(ii) Landlord may immediately proceed to distrain,
collect or bring action for the whole rent or such part thereof
as aforeaaid, as being rent in arrears, or may enter judgment
therefor in an amicable action as herein elsewhere provided for
In case of rent in arrears, or may file a Proof of Claim in any
bankruptcy or insolvency proceedings for such rent, or Landlord
may institute any other proceedings, whether similar to the
foregoing or not, to enforce payment thereof.
SECTION 3102.
th h Rent for each yoar for the balance of the term after
e appening of any event of default for the purpose of
computing the whole rent for the balance of the term of this
Lease under Section 3101 and 3105 hereof shall be computed as
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equal to the yearly av~_age if the minimum and pe..entage rent
payable by Tenant pursuant to Article VI of this Lease for the
last three 13) full lease years immediately pteceding said
event of default, pluS (the following herein referred to as
"Added Charges") Tenant'. .hare of real estate taxes, dues to
the Merchants' Association, insurance charges and costs of
operation of the Shopping Center and maintenance of the common
areas and facilitiea, payable for the current applicable year.
If the amount of Added Charges for the current applicable year
are not then available, then Tenant'. share of Added Charges
payable for the preceding year shall be used in the computation
of annual rent. If leS8 than three 13) full 1eB.e years have
preceded the occurrence of said event of default, then the
annual average of minimum and percentage rental ther.etofore
required to be paid by Tenant shall be usod in the computation
of annual rent.
SECTION 3103.
As long as the whole rent or any part thereof as
aforesaid remains unpaid, the Landlord may, at .any time
thereafter re-enter and re-possess the demised premises and any
part thereof and attempt to relet all or any part of such
demised premises for the account of Tenant tor such rent and
upon such terms and to such persons, firms or corporations and
for suoh periOd or periodS as Landlord, in its sole discretion,
shall determine, including the term beyond the termination of
this Lease, and Landlord shall not be required to accept any
tenant offered by Tenant or observe any instruction given by
Tenant about such reletting, or do any act or exercise any care
of diligence with respect to such reletting or to the
mitigation ot damages. For the purpose of such reletting,
Landlord may decorate or make repairs, changes, alterations or
additions in or to the demised premises to the extent deemed by
Landlord desirable or convenient, and the coat of such
decoration, repairs, changes, alterations or additions shall be
charged to and be payable by Tenant as additional rent
hereunder, as well as any reasonable brokerage and legal fees
expended by Landlord, and any sums collected by Landlord from
any new tenant obtained on account of the Tenant shall be
credited against the balance of the rent due hereunder as
aforesaid.
SECTION 3104.
At any time after any event of default shall occur and
remain uncured, Landlord, at its option, may serve notice upon
Tenant that this Lease and the then unexpired term hereof shall
cease and expire and become absolutely void on the date
specified in such notice, to be not less than five (5) days
after the date of such notice, and thereupon, and at the
expiration of the time limited in such notice this Lease and
the term hereof granted, as well as all of the right, title and
interest of the Tenant hereunder, shall wholly cease and expire
and become void in the same manner and with the same force and
effect (except as to Tenant's liability) as if the date fixed
iN Buoh notice were the date herein specified for expiration of
the term of this Lease. Thereupon, Tenant shall immediately
quit and surrender to Landlord the demised premises, including
any Rnd all buildings ~nd improvements thereon, and Landlord
may en~ir into and repossess the demised premises by summary
prccee ngs, detainer, ejectment or otherwise, and remove all
~hcupantsit~ereof and, at Landlord's option, any property
da~~~~~ ~h~r~~~r?eing liable to indictment, prosecution or
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SECTION 3105.
In the event of termination of this Lease, at
Landlord's option, Tenant shall pay to Landlord all rent:\ and
other charges payable hereunder due and unpaid to the date of
termination, together with liquidated damages in an amount
equal to twenty-five (25%) percent of the balance of the rent
and Added Charges required to be paid under this Lease from the
date of said termination to the end of the term of this Lease,
as if the 8ame had not been terminated, the said rent for the
balance of the term of this Lease and Added Charges to oe
computed in the same manner as provided in Section 3102
hereof. In the event any judgment has been entered against
Tenant for any amount in excesS of the total amount required to
be paid by Tenant to Landlord hereunder, then the damages
assessed under said judgment shall be re-assessed and a credit
~ranted to the extent of said excess. The parties hereto
acknowledge that the damages to which the Landlord is entitled
in the event of a breach of this Lease and termination by
Landlord are not easily computed and are subject to many
variable factors. The parties hereto have agreed to the
liquidated damages as herein provided in order to avoid
extended litigation in the event of default by Tenant and
termination of this Lease.
SECTION 3106.
Upon the occurrence of any event of default, as
aforesaid, then Landlord or any person acting under Landlordl
(i) May enter the premises and without further demand,
proceed by distress and sale of the goods there found to levy
the rent, all other charges herein payable as rent, and all
costs and officers' commissions, including watchmen's wages,
aNd further including the five (5t) percent chargeable by the
Act of Assembly to Landlord, shall be paid by the Tenant, and
that, in such case, all costs, officers' commissions and other
charges shall immediately attach and become a part of the claim
of said Landlord for rent, and any tender of rent without said
costs made after the issue of a warrant of distress shall not
be sufficient t~ satisfy the claim of said Landlord. T~nant
hereby expressly waives the benefit of all laws now mad~ or
that may hereafter be made regarding any limitation in which
distress is to be made after removal of goods. Tenant waives
in favor of Landlord all rights under the Act of Assembly of
April 6, 1951, P.L.69 Art. V., Sec. SOl, and all supplements
and amendments thereto that have been or may hereafter be
passed, and authorizes the sale of any goods distrained for
rent at any time after fipe (5) days from said distraint
without any appraisement and/or condemnation thereof, and/or
(ii) May re-enter and repossess the demised premises,
breaking open locked doors, if necessary, and may use as much
force as necessary to effect such entrance without being liable
to any action or prosecution for such entry or the manner
thereof, nor shall Landlord be liable for the loss of any
property upon the premises.
SECTIOH 3107.
If proceedings shall be commenced by Landlord to
recover possession under the Acts of Assembly, either at the
end of a term or upon the occurrence of any event of default
Tenant expressly waives all rights to notice in excess of fi~.
(5) days required by any Act of Assembly, including the Aat of
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D. ecember 14, IB63, t ~Act of April 3, lB30 and"",. the Act of
April 6, 1951, and a~:I:::J's that in either or anY:j,h case five
(51 days' n'otice shill.&. Il sufficient. 'Without 1. tation of ot .
by the foregoing, the Tenant hereby waives any and all demands,
notices of intention and notices of action or proceedings which
may be required by law to be given or taken prior to any entry
or re-entry by summary proceedings, ejectment or otherwise, by
Landlord, except as hereinbefore expressly provided with
respect to the five (51 days' notice and provided further that
this shall not be construed as a waiver by Tenant of any
notices to which this Lease expressly provides Tenant is
entitled.
SBCTION 3108.
In the event of a termination of this Lease, prior to
the date of expiration herein originally fixed, whether by
reason of service of a notice as provided herein terminating
this Lease or by reason of entry or re-entry, summary
proceedings, ejectment or other of law, Tenant hereby waives
all right to recover or regain possession of the demised
premises, to save forfeIture by payment of rent due or by other
performance of the conditions, terms or provisions hereof, if
such termination occurred by reaSon of any failure in
performance hereof, and without limitation of or by the
foregoing, Tenant waives all right to reinstate or redeem this
Lease notwithstanding any provisions of any statute, law or
decision now or hereafter in force or effect, and Tenant waives
all right to any second or further trial in summary
proceedings, ejectment or in any other action provided by any
statute or decIsion now or. hereafter in force or effect.
SECTION 3109.
The words "entry" and "re-entry" as used in this Lease
shall 1I0t be deemed restricted to their technical legal meaning.
SECTION 3110.
In the event of a breach or threatened breach by
Tenant of any of the agreements, conditions, cov~nants or terms
hereof, Landlord shall have the right of injunction to restrain
the same and the right to invoke any remedy allowed by law or
in equity whether or not other remedies, indemnity or
reimbursements are herein provided. The rights and remedies
given to Landlord in this Lease are distinct, separate and
cumulative remedies, and that no one of them whether or not
exercised by Landlord, shall be deemed to be in exclusion of
any of the others.
SECTION 3111.
If rent or any charges hereby reserved as relit or
liquidated damages, or any other sum payable hereunder, 'shall
remain unpaid when the same ought to be paid, Tenant hereby
empowers any prothonotary or attorney of any court of record to
appear for Tenant in any and all actions which may be brought
for rent, liquidated damages or other charges or expenses
agreed to be pald by Tenant hereunder and to sign for Tenant an
ag~Iement for entering into any competent court and amicable
~~ o~~e~rc~~tions for the recovery of rent, liquidated damages
amicable t~ges or expenses, and in said suits or in said
for all o~can;np:~ta~~i~~s to conifess judgment against Tenant
option th e rent ncluding, at Landlord's
, e rent for the entire unexpired balan~e of the term
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of this Lease, comput~~ as aforesaid, and any ot~~r char~es,
payments, costs and expenses reserved as rent or agreed to be
paid by the Tenant, as well as liquidated damages, and for
interest and costs togeti,tli: with an attorney's commission ot
five (5\) percent thereof. Said authority shall not be
exhausted by one exercise thereof, but judgment may be
confessed as aforesaid from time to time and as often a9 any of
said rent or other charges reserved as rent or liquidated
damages shall fall due or be in arrears, and such powers may b.
exercised as well after the expiration of the original term or
during any extension or renewal of this Lease.
SECTION 3112.
In the event that, and when, the Lease shall be
determined by term, covenant, limitation or condition broken,
as aforesaid, either during the original term of this Lease, or
any extension thereof, and also when and as soon as the term
hereby created, or any extension thereof shall have expired, it
shall be lawful for Bny attorney as attorney for Tenant to sigr.
an agreement for entering in Bny competent Court an amicable
action and judgment in ejectment, without any stay of execution
or appeal against Tenant and all persons Claiming under Tenant
for the recovery by Landlord of possession of the herein
demised premises, without any liability on the part of the said
attorney, for which this Lease shall be a sufficient warrant,
whereupon, if Landlord so desires a writ of possession with
clauses for costs may issue forthwith without any prior writ or
proceedings whatsoever. If for any reason after such aotion
has been commenced the s....le shall be determined and the
pbdBession of the premises hereby demised remain in or be
restored to Tenant, the Landlord shall have the right to any
'~~,sequent default or defaults to bring one or mor\! fur ther
~'micable actions In the manner and form hereinbefore set forth,
to recover possession of said premises for such subsequent
default. No such determination of this Lease nor taking, nor
recovering possession of the premises shall deprive Landlord of
any remedies or action 8g against Tenant for rent or for
damages due or to become due for the breach of any condition or
covenant herein contained, nor shall the bringing of any .uch
action for rent, or brear.h of covenant or condi~lon nor the
resort to ant other reme~. herein provided for ~he recovety of
rent or damage for such breach be construed as , waiver of the
right to insist upon the forfeiture and to obtain possession in
the manner herein provided.
SECTION 3113.
In any amicable action of ejectment or for rent In
arrears, Landlord shall first cause to be filed in such action
an affidavit made by it or someone aoting for it setting forth
the facts necessary to authorize the entry of judgment, of
which facts such affidavit shall be conclusive evidence, and if
a true copy of this Lease be filed in such action, it shall not
be necessary to file the original as a warrant of attorney, any
rule of court custom or practice to the contrary
notwithstanding.
SECTION 3114.
by 0 i Any jUdgment, order or decree entered against Tenant
attor n any court or Magistrate by virtue of the powers of
and ~~~~n~o~i~~n~~ti~ ~hls Lease, or otherwise, shall be final,
exception or obj ti a e an appeal, certiorari, writ of error,
ec on to same, or tile a motion or rule to
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strtke of or open or to stay execution of the same. Tenant
releases to Landlord and to any and all attorneys who may
appear for Tenant all errors in the Baid proceedings. Tenant
expressly waives the benefits of law, now or hereafter in
force, exempting any goods on the demised premises, or
elsewhere from distraint, levy or sale in any legal proceedings
taken by the Landlord to enforce any rights under this Lease.
Tenant further waives the right to delay execution on any resl
estate that may be levied upon to collect any amount which may
become due under the terms and conditions of this Lease, and
does hereby waive any right to have the same appraised and
authorizes the prothonotary to enter a Writ of Execution or
other process upon Tenant's voluntary ~aiver, and further
agrees that the said real ~state may be sold on a Writ of
Bxecution or other process.
SBCTION 3115.
Landlord shall have the right to apply any payments
made by Tenant to the satisfaction of any debt or obligation of
Tenant to Landlord according to Landlord's sole'dlscretion and
regardless of the instructions of Tenant as to application of
any such sum, whether such instructions be endorsed upon
Tenant's check or otherwi&e, unless otherwise agreed by the
parties in writing which makes specific reference to this
section 3115. The acceptance by Landlord of a check or checks
drawn by other than Tenant shall not in any way affect Tenant's
liability hereunder, nor shall such acceptance be deemed an
approval of any subletting or assignment of this Lease by
Tenant.
ARTICLE XXXII
CUSTOM AND USAGE
SECTION 3201.
Any law, usage or custom to the contrary
notwithstanding, Landlord shall have the right at all times to
enforce the covenants and conditions of this Lease in strict
accordance with the terms hereof and notwithstanding any
conduct or ,ustom on the part of the Landlord in refraining
from so doing at any time or times. The failure of Landlord at
any time or times to enforce its rights under said covenants
and provisions strictly in accordance with the same shall not
be construed as having created a custom in any way or manner
contrary to specific terms, provisions and covenants of this
Lease or as haVing modified or waived the same.
ARTICLE XXXIII
SUCCESSORS AND ASSIGNS, AGENT
SECTION 3301.
All rights, obligations and liabilities herein, given
to, or imposed upon, the respective parties hereto shall extend
to and bind the several and respective heirs, executors,
administrators, SUccessors, sublessees and assigns of said
harties, subject to the provisions of Section 2401, provided
owever, that the liability of Landlord hereunder and an '
~~c~~~s~~ ~~ i~teles~ and t.itle to Landlord's leasehold ~state
interest in ~h e~hse iPremises shall be limited to his or its
e opp n9 Center, and no other assets of the
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Landlord other than his .Jr its inter~st in the Shoa-l'ing Center
aha 11 be ~rfected by reaBon of any liability whieh Baia
Landlord or SUCOl.Bor in intere.t may have under this Leale.
If there oha11 be more than ani tenant, they .ha11 all be bound
jointly and severallY by the terms, cove~lnt., and agreement.
herein and the word "Tenant- .hall be deemed and taken to mean
each and every person or party mentioned IS a Tenant herein, ba
the laml one or more, and if there flha11 be more than one
Tenant, any notice ,required or permitted by the terms of this
Lea.e may be given by or to anyone thereof and shall have the
.ame fore_ and Iffeet .1 if giv~n by or to all thereof. No
rightl, however, Ihall inure to the benefit of any Bssignee of
Tenant unle.1 the assignment to .uch a.lignee has been approved
by Landlord in writing a. afore..id.
Kravitz Proper~ies, Inc. is acting as Agent only and
Ihall not in any event be held liable to the Landlord or to
Tenant for the fulfillment or non-fulfillment of any of the
terml, cov~nants or conditions of this Lease or for any action
or proceedings that mny be taken by Landlord against Tenant, or
by Tenant against Landlord including, but not limited to, any
Buch action arising out of, in connection with or in any manner
relating to, the performance or non-performance by Agent or any
act pursuant to Landlord's direction. Any waiver of Landlord's
liability hereunder, inCluding, but not limited to, any waiver
of subrogation rights, shall apply with equal force and effect
to such Agent.
ARTICLE XXXIV
SCOPE AND INTERPRETAtION OF THE AGREEMENT
SECTION 3401.
This Lease shall be considered to be the only
agreement between the parties hereto pertaining to the demi~ed
premises. All negotiations and oral agreements acceptable to
both parties are included herein. The laws of the Commonwealth
of Pennsylvania shall govern the validity, interpretation,
performance and enforcement of this Lease.
SECTION 3402.
In the event that any law, decision, rule or
regulation of eny governmental body having juriSdiction shall
have the effect of limiting for any period of time the amount
of rent or other charges payable by Tenant to any amount less
than that otherwise provided pursuant to this Lease, the
following amounts shall nevertheless be pltyable by Tenantl (a)
throughout such periOd of limitation, Tenant shall remain
liable for the maximum amount of rent and other charges which
are legally pay~ble (without regard to any limitation to the
amount thereof expressed in this Lease except that all amounts
payable by reason of this Section 3402 shall not in the
aggregate exceed the total of all amounts which would otherwise
be payable by Tenant pursuant to the terms of this Lease for
the periOd of limitation), (b) at the termination of such
period of limitation, Tenant shall pay to Landlord or Agent, as
th~lcase may be, on demand but only to the extent legally
~o e~tible by Landlord or Agent, any amounts which would have
~~nh ue from the Tenant during the period of limitation but
w lC were not paid because of such limiting law, decision
~~a: o~ ~!gutation, and (e) for the remaining term of this'
e 0 ow n9 the periOd of limitation, Tenant shall pay to
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the loclllonl I/III/or dlmeOllonl or III bulldln,l, "uhln. Utll, IIl'1Ilee drhel, enblel, ulu, mllll, IlId
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EXHIBIT ~B"
1. LANDLORD'S ~ORK
Except as otherwise provided in this Exhibit "S", Landlor.d,
at its own cost and expense, h&S constructed or will construot
the followin?, all of which are herein colleotively referred to
aa "Landlord s Work",
A. Building of Which Demised Premises Shall Form a Part.
The building of which the demised premises forms a
part (herein referred to as the "Building") shall be constructed
(to the extent not now existing) in accordance with the
following criteriat
1. Structure. The structural frame including
columns, beams, joists and roof will be, at Landlord'S option,
of eteel, concrete and such other non-combustible material as
may be specified by Landlord's architeot.
2. Roof. The roof will be of a bonded type
oonstruction insulated to provide a "U" factor of 0.09.
3. Exterior Walls. The exterior walls will be of
masonry, prefabricated panels or such other material or
materials as may be specified by Landlord's architect.
4. Interior Faces. The exposed interior face of
exterior ,~lls will be of masonry, wallboard or such oth~r
material or materials as may be specified by Landlord's
architect.
B. Common Areas.
Landlord Shall construct inside and outside the
Building certain Common Areas, limited to the fOllowing:
1. outside Common Areas. The Common Areas ouside the
Building will include hard surface and striped parking lots,
access roads, directional, parking and traffic signs, a storm
drainage. "stem, ~elivery areas, walks, lighting, landscaping
and planting and such other areas, facilities and buildings, as
determined by Landlord, as are used in the maintenance and
operation of the Shopping Center.
2. Inside Common Areas. The Common Area inside the
Building will include an enclosed, heated and air-conditioned,
lighted and sprinklered mall with courts, lighted and
sprinklered service and exit corridors, stairs or ramps and
such other facilities, as determined by Landlord, as are used
in the maintenance and operation of the Shopping Center.
C. Work Within Tenant's Space.
Landlord's Work with regard to the demised premises
shall. be limited to the following (to the extent not now
existing)t
1. Demising Walls. The demising walls or demising
studs whioh separate the demised premises from other tenant
a~eas and Common Areas will extend from the finished floor to
t e underside of the roof deck. Unless required by applicable
law to construct demising walls for fire corridors and emergency
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exits of unfinished mab_.lry block, Landlord will. _rnish metal
studs on which Tenant Bhall place demising walls in acoordance
with Artiole II, Seotion 8.
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2. Floors. The floors within the demised premise.
will be concrete with a troweled finish installed at an
elevation selected by Landlord. Tenant shall p~y Landlord the
sum of $1.75 per square foot of floor area in the demised
premises as reimbUrsement for the installation of the floor
slab. If Tenant shall have notified Landlord in writing at or
before the exeoution of this Lease and if at suoh time the
ooncrete floor elab ha. not been poured for the demised
premises, an~ provided and so long as the delay in pouring such
conorete floor slab will not interfere with andlor delay
comf1etion of Landlord's Work or anf portion thereof, the slab
wil not be poured until the Tenant s contractor has completed
Tenant'. underground utility work. After the concrete floor
slab is poured, Landlord in no event shall be responsible for
any subsequent underground work or removal andlor replacing of
the concrete floor slab. In the event Tenant deems it
necessary to remove andlor replace such floor slab, such work
shall be done by Tenant at Tenant's own cost and expense.
3. Doors. One hollow metal service door with
dimensions of 3'0" by 7'0" will be provided at the location
shown in and in accordance with "Landlord's Design Criteria"
(as defined in Article III of this Exhibit "8"). Tenant, at
Tenant's own cost and expence, will provide and install all
panic hardware, lockset and closer. No door will be provided
by Landlord in any store which has a depth of 50 feet or ~ess
or an area of 1,200 sq~are feet or less.
4. Landlord', Optional Work. At its option, Lp~dlord
may provide at Tenant'~ cost and expense a neutral vertic~l
material between each ,tore on the mall side of the demising
partition, and/or a horizontal neutral strip as shown on
Landlord's Plans, above the store front limiting the height
thereof.
D. Utility Services in Demised Premises.
1. Utility Lines. Landlord, its agents, employees
and contractors, and any utility company. which furnishes
utilities to the demised premises and/or the Shopping Center,
shall have the right to run utility lines, pipes, conduits or
duct work, where necessary or desirable, through ceiling space,
column space or other parts of the demised premises and to
repair, alter, replace or remove the same in a manner which
does not unreasonably interfere with Tenant's use of the
demioed premises.
2. Electric Service. Electric will be available for
the demised premises at Landlord's bus ducts at a location
desi9nat~d by Landlord pursuant to the procedures set forth in
Landlord s Design Criteria. Electric service charaoteristics
will be 277/480 volts, 3 ph5se, 4 wire, 60 hertz. Landlord
will provide between the demised premises and the closest
s~rvice corridor an empty conduit unless the demised premises
a u~ itServlce corridor, in Which case Tenant shall provide the
co~ ~ d T~nant will provide bus plugs with fuses, the c~nduit
~~ecke:e~~ri~~w:l~h~~et~usdduit adnd the demised premises, and
conduit ithi th e em se premises and will extend
w n e demised premises to Tenant's distribution system.
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Tenant's d'iS~ributit1T: ..cilities 'with'in the de'::?J premises
shall consist of all necessary switches, conductors,
transformers and controls in addition to Tenant's normal
lighting and power devices. The installation by T~nan~ of all
electrical facilities shall conform to Landlord's Design
criteria and to the National Electric code, and ",eet the
requirements of the Landlord's fire underwriter and local
governmental authorities. All material and fixtures shall be
new and carry UL labels. Any exinting electrical facilities
must be changed to conform with the above requirements and
Landlord'. Design criteria to enable electricity to be provided
by'Landlord.
3. Water Service. Landlord will provide a branch
water line, with shutoff valve, of not less than 3/4 inch to a
point in the demieed premises deslinat~d by Landlord. Any
increese in the size of water s~rv ce required by Tenant which
necessitates a branch water line larger than such 3/4 inch line
will be furnished, at Tenant's expense, upon written request of
Tenant. Any existing water facilities must be changed to
conform with Landlord's Design criteria to enable water to be
prov ided by Landlord.
4. Gas Service. Gas service will not be available.
S. Sanitary Sewer Service. Landlord will stub a
plugged 4" sanitary outlet, at floor level at a location
selected by the Landlord to which Tenant will connect in
accordance with Landlord1s Design Criteria, notwithstanding
current facilities which may exist.
6. Sprinkler Main Service. Landlord will provide a
sprinkler bulk main with capped outlets to the demised premises
at a location determined by Landlord and sized to accommodate
sprinkler coverage required by Factory Mutual. Landlord will
deliver to Tenant a plan showing the bulk main and capped
outlet in the demised premises and Tenant will install all
piping and other sprinkler work, including feed main, cross
main, branch line, riser nipples, drop sprinklers and heads to
provide a complete sprinkler system in accordance with
Landlord's Design Criteria and sprinkler working drawings,
prepared by Tenant's contractor, and approved by Factol ' Mutual
and all authorities having juriSdiction. .
7. Heating and Air Conditioning System. Landlord
will provide and install a medium pressure, constant
temperature air supply main at a location designated by
Landlord to supply COOling and ventilation air for Tenant's
premises and, at Tenant's expense, a medium pressure, variable
air volume t~rmlnal complete with system powered thermostat for
variable air volume terminal control. The installation of all
ductwork, electric heating with controls, diffusers, return air
registers and other mechanical apparatus related thereto
required by Tenant's HVAC system shall be provided by Tenant
at its cost and expense, and all such work shall be designed'
and installed in accordance with Landlord's Design Cri~eria and
Landlo~d'B HVAC Plan, notwithstanding current faciliti;s which
may exist.
telePhoneBio T:~ePhone Service. Landlord will provide central
mak~ its ownc:rr~~;e::n~:B;I~hti~ebt ian~lord. Tenant will
telephone servi d! e ep one company for
designated telec~ an lW lliinstall a conduit from Landlord's
i pone ocat on to the demised premises as may be
requ red, notwithstanding current facilities which may exist.
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II. TENANT'S WORK
Notwithstanding the present facilit!:~ in the demised
premises and the present condition and state of repair of the
demised premises, all work let forth in this Article II and all
other work not specifically designated as Landlord'S Work by
Article I which is necessary to complete the demised premises
in accordance with Tenant'. Final Plans and Landlord'. Design
criteria and which is nece.sary for the demised premise. to
conform thereto and to all current requirements of all
governmental authorities having jurisdiotion (including,
without limitation, emergency lights, rewiring, alarms end
extinguiShers) and to be ready to open for business with the
public by the oommencement date, in the manner set forth in the
Lease, ahall be done by Tenant at Tenant's own cost and at
expense. All suoh work which is not specifically desiwnated as
Landlord's Work is herein oollectively referred to as Tenant's
Work".
A. Demised Premises.
The store shall be designed and Installed in
accordance with Landlord's Design Criteria, the requirements of
Landlord's fire underwriter and the current requirements of any
governmental authority having jurisdiction over the project.
Tenant's store front shall conform to the design criteria as
established br Landlord's architect and set forth in Landlord's
Design Criter a. The store shall have a customer entrance not
to exceed 10'0" in height. Tenant shal. not install its
finished ceiling above 11'0" in height. The design, character
and materials of the store front and all aspects of the design
and construction of the interior of the demised premises shall
be subject to the approval of the Landlord. All exposed metal
flaehing, doors, and trim are to be permanodic or duranodic
finish or equal in standard. Open grills are to meet the same
reouirements. A hard dry surface at the bottom 6" of the store
front construction shall be provided by Tenant. This material
shall be non-absorbent (wood or other porous materials are not
acceptable'. The sign background and finish is subject to
Landlord's approval. Open grills wider than 12' are to be
motorized. In the event the demised pr~, lses have a side wall
abutting 8 mall entrance or side mall, Tenant shall incorporate
into the design of such wall one or more of (a) entrance to the
premises and (h) see-through display storefront, and (e) shadow
box merchandise display. Tenant may not install a mezzanine
without Landlord's approval. Tenant shall not exceed a floor
load capability of 200 pounds per square foot.
8. Sales Area.
The floor slab shall be covered with floor finish
materials approved by Landlord. Carpeting shall be flame
resiatant. Ceilings shall be constructed of 24" x 48" acoustic
tile, one (1) hour fire rated, on exposed metal T bar grid
system or such other fire rated material as approved by
Lan~l~rd. Demising walls shall extend to the underside of the
~~~h eC~ianglshall be constructed of sheet rock in accordance
rpgul:fion;aOfeL:~~~~r~~d ~~cal laws and ordinances and the
less than 5/9" h s re underwriter, but in no event
walls and parti~i~~~ ~h;~lt~pe~ and spackled. All mason~y
aforesaid thickness ta d ed urred out sheet rock, of the
, pe an spackled. Those partitions
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dividing sales area frt-," non-sales area which con..din no
ceiling shall be carried to the underside of roof deck on both
.ides. All concealed framing above oeilings or soffits shall
be made of steel studs v. other fire retardant materials in
aooordanoe with Landlord's Design criteria. Certain store
fronts or side corridor fronts as sh~wn on Landlord'. Floor and
structural plans may be designated by the applicable fire
marshall to oarry f.ire extinguisher cabinets reoessed into
their walls. All "A" ocoupancy Tenants (as defined by the
pennsylvania Department of Labor and Industry) must provide
partitions and oeilings with two (2) hour fire rating.
c. stock Room, Service and Other Non-Sales Areas.
The concrete floor slab, if left exposedl must be
sealed with a sealant approved by Landlord'S aroh teet. If the
concrete floor slab is covered, the provisions relating to
floor finish materials for the sales area shall apply.
Perimeter walls shall be of either exposed masonry or drywall
and taped. Rear walls shall be insulated in aocordance with
Landlord's Design Cd toda. '
D. Toilet Rooms.
The floors shall have non-porous floor covering over
the concrete floor Blab. All walls and ceilings shall be of
drywall, taped and spackled.
E. Painting and Deoorating.
Exposed walls shall have a minimum two coat finish and
all wood paneling a minimum of one sealer coat. The walls and
ceiling of the toilet room shall have two coat semi-gloss
enamel finish. The stock room and service areas may be left
unfininhed.
F. Utility Work by Tenant.
1. Electrical. The installation by Tenant of all
electrical facilities shall conform to Landlord's Design
Criteria (to the 8dditi~nal electrical information supplied by
Landlord to Tenant as se, forth in the electrical load data
portion by Landlord's Design Criteria) and to the National
Electric Code, and meet the requirements of the Landlord's fire
underwriter and all other local, state or federal governmental
authorities. All material and fixtures shall be new and carry
UL labels. Any transformer necessary to reduce the voltage
supplied to levels acceptable for Tenant shall be provided by
Tenant at its expense. Circuits must include a time clock
controlling siyn and store front illumination and separate
cirouits for n ght lighting and exit signs. Emergency lights
shall be provided by Tenant. Tenant shall provide 8 buzzer
call system at service door entrance or from a common corridor
entrance, as required by Landlord. Tenant's work drawings (as
referred to in Artiole III) shall indicate the circuits showing
connections to alarm, television, HVAC or other special
circuits.
and il l2i Plumbing. Tenant shall install underslab drain
so . nes to Landlord's soil line at the point of entry
~el~ct~~ b~ Landlord. Requirements greater than that provided
b~ ~:~e ~~ T:~:~t~: shown on Tenant's workIng drawings and will
the install ti f expense. Tenant shall be responsible for
. a on 0 a water meter to service water line
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installed by Landlord at a poin~ designated by Landlord.
Tenant shall provide a minimum of one close-coupled water
closet, one lavatory, and one electric hot water heater. All
of the aivr..aid Ihall b. in accordance with Landlord'. Design
Criteria.
G. Fire Protection.
All tenant spacRs must carry the approved fire
extingullhera required by governmental authorities. Tenant, at
Tenant's own cost and expense, shall wrap all columns within
the demised premisu from the floor to the undeuide of the
roof deck with one hour fire rated materials. Tenant shall
install all sprinkler pipes, feed mains, cross mains: nipples,
drop heads, etc. from the oapped outlets on Landlord s bulk
lIatn.
H. Meohanioal Systems.
Tenant shall design and, at its sole c~st and expense,
instllll a complete air-conditioning distribution system. In
addition, Tenant may, at its option, install an electric
heating system. Such systems shall be designed and installed
in accordance wi th Landlord's HVAC Plans and Landlord's Design
Criteria, at the location therefor specified on Landlord's HVAC
Plan. If Tenant is required to install a rooftop "VAC system,
Tenant will reimburse Landlord for providing additional rooftop
structural supports. Tenant shall provide an exhaust fan of
adequate capacity for each toilet room and such other
ventilal~lg equipment as may be required. The design and
location of exhaust systems shall De approved by Landlord prior
to installation.
1. Signs.
All signs shall conform to the standards as set forth
in Exhibit "e".
J. Roof Penetrations.
Tenant shall submit for approval of Landlord's
architec~ in the working drawing phase, drawings showing all
roof penetrations for special vents and equipment. All roof
openings, reinforcing, curb work and flashing and repairs to
the roof required by Tenant's installations shall be performed
by Landlord's contractor, at Tenant's expense. Tenant shall
pay all costs for the opening of the roof and for any special
vents required by Tenant.
R. Insurance.
1. All RiSk Insurance. In addition to, and not in
lieu of the other policies of insurance required by this Lease
at all times during the period commencing with the start of '
construction of Tenant's Work and terminating on the date of
the acceptance by Landlord of Tenant's Hork as being completed
in accordance with the provisions of this Exhibit "a" (Such
period is herein referred to as "Tenant's Construction
PeriOd"" Tenant, at its own cost and expense, shall maintain
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in effect with 8 respo~_.ble insurance company ap~ ~ved by
Landlord, a policy of wAll Risk" Builder's Risk Insurance in
the standard pennsylvania form. said insurance shall cover the
full replacement value of all work done or to be done and all
tixtures and equipment installled or to be installed at the
demised premises by Tenant, without co-insurance and without
any deductible clause.
2. Workman's Compensation. At all times during
Tenant's Construction Period, Tenant's contractors and
aubcontractoru shall maintain in effect Workman's compensation
Inlurance as required by the laws of the state in which the
Shopping Center i. located.
3. Adjustment of LoSS. Any loss occurring during
Tenant's Construction Period shall be adjusted with Landlord
and the proceeds ~hall be payable to Landlord, in trust, for
the purpose of repair or reconstruction. Repair and/or
reconstruction of all or any portion of Tenant's Work damaged
or destroyed by any casualty occurring during Tenant's
construction Period shall be commenced by Tenant as soon as
possible after such casualty, provided that if all or any
portion of Landlord's Work is also damaged or destroyed by such
casualty, Landlord shall notify Tenant when repairs or
reconstruction of Landlord's Work is substantially completed
and, within fifteen (15) days after receipt of such notice
Tenant shall diligently pursue such repair and/or construction
to completion.
4. Insurance Provinions. All pOlicies of insurance,
except Workman's Compensation required to be carried by the
provisions of Section K.2, shall contain the following
endorsements in SUbstantially the following form:
wWNotwithstanding anything to the contrary, it is agreed that
eMIr IIILL snOPPING CENTER ASSOCIATES, as Landlord, KRAVITZ PROPERTIES,
INC., as Landlord's Agent and Landlord's general contractor
(name to be supplied to Tenant), are hereby added as additional
insureds. It is understood and agreed that the insurance
afforded by this policy or policies for more than one named
insured shall not operate to increase the companies' liability,
but otherwise shall not operate to limit or void the coverage
of anyone named insured as respects claims against the same
named insured by any other named insured or the employees of
such named insured. No cancellation or reduction of this
policy shall be effective unless written notice is given by
registered or certified mail, return receipt requested, to the
Landlord with a copy to Agent, stating when such cancellation
Qr l'eduction in coverage shall be effective, (which, in no
event shall be less than twenty (20) days thereafter)." True
copies of each such policy or certificates of insurance
evidencing the same and containing such endorsements shall be
delivered to Landlord prior to the commencernent of Tenant's
Work and shall thereafter be replaced in the event of the
expiration, lapse or cancellation of any such policy.
L. Miscellaneous and General Requirements.
1. Governmental Rrgulations. All of Tenant's Work
shall be done in accordance with the Tenant's Final Plans the
~~~~~~~i~~~ui~~~ents of all applioable laws, ordinanoes, I
authorities' Wit~st~nd other requirements of governmental
underwriter'and Land~o~~?~l~:~i~~ ~~i~:~1;~~d~~ :~~etime and
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from I:1me tb I:1me dur. the pl!r formance 0 Tenal. I or ,
Landlord, Agent, Landlord's architect and/or Landlord's general
contractor may enter upon the demised premises Ind inspect the
work being performed by Tenant and take such steps as they may
deem nece.sary or dosirable to assure the proper perfot~QnCe by
Tenant of Tonant's Work and/or for the protection of the
Building and/or any premises adjacent to the demised premises.
In addition, Tenant's Work shall be performed in a thoroughly
first-olass and workmanlike manner, ahall incorporate only new
materials and shall be in good and usable condition at the date
of oompletion.
2. Landlord's Conaents Interpreted. Any approval or
consent by Landlord or any or all of Tenant's criteria,
systema, plans, or drawings shall neither constitute In
allumption of responsibility by Landlord for any aspect of such
criteria, systsms, plans or drawings including, but not limited
to, their accuracy or effioiency nor obligate Landlord in any
manner with respect to Tenant'a work and Tenant shall be solely
responsible for any deficiency in any design or construction of
all portiona of Tenant'. Work for which Tenant ,18 responsible,
J. Permits and FeeS. Tenant shall obtain and pay for
all necessary permits and shall pay all other fees required by
public authorities or utility companies with respect to
T6nant's Work, except that Landlord may elect to obtain the
building permits for Tenant's Work, in which event Tenant shall
pay the coat of such permit or, at Landlord'S option, Landlord
may deduct such cost from "Tenant's Allowance" (as defined in
Article IV hereof).
4. Temporary Storage Areas. No contractor or
subcontractor participating in Tenant's Work may use any space
within the Shopping Center for storage, handling and moving of
materials and equipment and/or for the location of a field
office or facilities for the employees of such contractor and
subcontractor without Obtaining Landlord's prior written
opproval for each auch use. If any contractor and/or
subcontractor shall use any space in the Shopping Center for
any or all of the aforesaid enumerated pur~oses or any other
similar purpose without obtaining Landlord s written approval
therefor, Landlord shall have the right to terminate p'ch use
and remove all of such contractor's or subcontractor's
material, equipment and other property from such space, without
Landlord being liable to Tenant and/or to such contractor or
subcontractor and the cost of such termination and/or removal
shall be paid by Tenant to Landlord or Landlord, at its option,
may deduct such cost from Tenant's Allowance.
5. Temporary Store Fronts. Temporary enclosure
barricades and temporary signs shall be constructed and
finished by Tenont in accordance with Landlord's Design
Criteria. If Tenant's store will not be open for business with
the public by the date the Shopping Center is first so opened
and Tenant has not installed B temporary store front as
required by Landlord, Landlord shall install it at a cost to
Tenant of $50.00 a lineal foot.
6. Protection of Work. It shall be Tenant's
~~~~~~~~~~~ity to cause each of Tenant's contractors and
property an~r~mto maintain continuous protection of adjacent
performance of ~~~~~~;snt~orakgainEst hdamage by reason of the
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subcontrac~or shall prl.ll'er ly protect Tenant I s WOL" with lights,'
guard rails and barricades and shall secure all parts of
Tenant's Work against accident, storm and any ether haBaled.
7. Interference with Otherc. Tenant's Work shull bR
ooordinated with all work being performed or to be p~rformed by
Landlord and other occupants of the Shopping Center to the end
that Tenant's Work will not interfere with or delay the
completion of the Building or any other construction within the
Shopping Center, and each such contractor and subcontractor
.hall comply with all procedures and '~9ulations prescribed by
Landlord or its agents (including, but not limited to, Agent)
for integration of Tenant's work with that to be performed in
conneotion with the oonstruotion of the Shopping Center.
8. Contractors. To the end that there shall be no
labor dispute whioh would interfere with the cons~ruction,
completion or operation of the Shopping Center, or any part
thereof inclUding, but not limited to, the demised premises,
Tenant agrees to engage the services of only such contractors
or subcontractors (for both Tenant's Work and any other work
which Tenant does, whether or not such work is permitted or
required pursuant to the Lease) as will work in harmony and
without causing any labor dispute with each other, with
Landlord's contractors and subcontractors and with the
contractors and subcontractors of all others working in or upon
the Shopping Center or any part thereof, and Tenant shall
employ and shall require its contractors and subcontractors to
employ only such labor as will work in harmony and without
causing any labor dispute with all .at:.. t' labor then working in
the Shopping Center or any part thereof including, but not
limited to, the demised premises. Furthermore, only those
contractors and subcontractors as have been duly licensed by
the authority having jurisdiction over the appropriate
profession and which have been approved in writing by Landlord
(which apProval will not be unreasonably withheld) may perform
any work (including, but not limited to, Tenant's Work) for
Tenant in or upon the demised premises.
9. Financi~l Requirements. Landlord may require
Tenant, before entering on the demised premises to commence
Tenant's Work, to give Landlord proof .1tisfactory to Landlord
of Tenant's financial ability to complete and fully pay for
Tenant's Work prior to the commencement date or, in lieu
thereof, either to furnish to Landlord a bond in an amount
satisfactory to Landlord written by a surety company acceptable
to Landlord guaranteeing the completion of Tenant's Work free
of any liens, or to deposit in escrow with Landlord (without
the Obligation of Landlord to pay interest thereon) the
estimated sum required to complete Tenant's Work. If such a
deposit shall be made, upon the satisfactory completion of
Tenant's Work in accordance with the provisions of this Exhibit
-8- and the submission of proof that all bills in connection
therewith have.been paid, Landlord shall release such funds
from escrow. Landlord in its sole discretion, both as to the
extent and amount, may release portions of such escrow deposit
directly to Tenant or Tenant's contractors, subcontractors,
materialmen and/or suppliers to pay bills as Tenant's Work
progresses.
Parti i ~~. G1uarantees. Each contractor and subcontractor
c pa "g n Tenant's Work for which such contractor or
subcontractOt 1s responsible, shall guarantee or warrant in
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writing, in the manner h\!reinafter set forth, that tluch portion
will be free from any defects in workmanship and materials fat
the period of time of one (I) year after the demised premises
first opens for businesw llith the public, All such guarantees
or warranties (oollectively referred to a8 WguaranteesW) shall
be contained in the oontracts and subcontracts for the
performance of Tenant's Work, shall include the obligation to
repair and replace in a first-class and workmanlike manner, and
without any additional charge, all of Tenant's Work done or
furnished by the contractor or subcontractor, his employees or
agents, which shall be ~r become defective within such one (I)
year period, and shall be written so as to inure to the benefit
of Landlord and Tenant a. their respective interests may appear
and .0 a. to be directly enforceable by either Landlord or
Tenant. All such guarantees shall also include the agreement
by the contractor or subcontractor to pay all expense and
damages incident to the removal, replacement or repair of any
other part of Tenant's Work which may be damaged or disturbed
thereby.
11. Temporary utility Services. Temporary utility
services during construction including light and power shall,
if available, be obtained by Tenant at Tenant's expense, from
the Landlord or, at Landlcrdrs option, Agent or Landlord's
general contractor at monthly cost of 1'.06) cents per square
foot of floor area of the demised premises, commencing with the
earlier of the date Tenant is obligated to commence
construction in accordance with Section 4.02 of this Lease or
the date actual construction commences, and ending with the
date as established in ~.e Lease for the commencement of the
Utility Charge for Tenant's electricity. Landlord shall
provide a connection for temporary electric service at a cost
to Tenant of $200.00. Tenant may use Land..ord's equipment and
piping for other utilities at a cost equal to the cost of
p.nergy consumed, provided, however, Tenant shall clean and
restore the same to its original proper order and operating
condi Hon.
12. Discipline.
discipline and good order
contractors.
Tenant shall enforce strict
among the employees of Tenant's
13. Cleanup. Tenant shall maintain the demised
premises in a clean and orderly condition during construction.
Tenant shall promptly remove all unused construction materials,
equipment shipping containers, fackaging, debris and waste from
the building site, and deposit t in receptacles provided by
Landlord. Tenant shall contain all construction materials,
equipment, fixtures, merchandise, shipping containers and
debris within the demised premises. Malls, courts, arcades,
public corridors, service corridors, service corridors and the
exterior of the Building shall be clear of Tenant's equipment
merChandise, refuse, and debris at all times. Trash stor-age '
within the demised premises shall be confined to covered metal
containers. Tenant shall pay Landlord or, at Landlord's
option, Agent the sum of ten cents ($.10) per square foot of
~~ooriarea of the demised premises for the removal from the
T opptng Center by Landlord of trash and debris generated by
T:~:~t,~rc~e::nt's contractors and subcontractors during
service. I~ L~~~i~~~ ~eriod, if Landlord elects to supply such
responSibility of Tenan~~s not so elect, the same shall be the
14.
as add i ti onal
Payment of Charges. Tenant shall pay Landlord
rent, all fees and other charges and/or payments
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for which Tenent is obltgated pursuant to this Exhibit "e"
including, but not limited to, the sprinkler bulk main charge,
the roof penetration charge, the trash removal charge and the
electri~ :harge, within ten (10) days after written dem&nd
therefor is ~ade by Landlord. If payment is not made within
such period then Landlord may offset all suoh Bums against
Tenant's Allowance.
III. CONSTRUCTION PROCEDURES.
A. Landlord's Design Criteria.
After the execution of the Lease, Landlord's architect
will deliver to Tenant one (1) scale drawing of the floor plan
of the demised premises (the Landlord's "Floor Plan")
indicating, inter alia, demising partitions, general
construction, coll1mn-Iocations, VAV terminal, sanitary outlet,
demestic water location and sprinkler bulk main, and one (I)
copy of Landlord's design criteria package which shall include
Landlord's criteria for design of tho demised premises,
preliminary plans, tlVAC plans and criteria, electrical plans
and such other plans, criteria, drawings and information as
Landlord or Landlord's architect deems necessary or
appropriate. All of the items included within such design
criteria package are herein collectively referred to as
"Landlord's Design Criteria".
8. Tenant's Preliminary Plans.
~ithin twenty (20) days after receipt by Tenant of the
above, Tenant shall submit for Landlord'S approval in sepia
form, complete store front design plans, a sign plan, a
merchandising layout plan, Tenant's estimated heating/cooling
load calCUlations, HVAC drawings, plumbIng drawings and
sprinkler drawings, all of which shall be in accordance with
the criteria set forth in Landlord's Floor Plan and Landlord's
Design Criteria and all of which are collectively referred to
as "Tenant's Preliminary Plans".
C. Landlord's Review.
\. Landlord will review and return to Tenant Tenant's
Preliminary Plans either marked approved, marked to show the
corrections required (in which event such marked-up Preliminary
Plans shall be deemed approved, as marked up) or give Tenant
written notice of disapproval of Tenant's prelIminary Plans
together with the reasons therefor. In the event Landlord
gives Tenant notice of disapproval together with the rea$ons
therefor, Tenant shall have twenty (20) days from the date of
such notice of disapproval by Landlord to submit revised
Tenant's Preliminary Plans subject 'to subsequent markups and/or
disapprovals and corrections in the manner set forth above,
provided, however, if Tenant's Preliminary Plans do not meet
Landlord s approval after the second submission, Landlord, at
its option to be exercised by written notice to Tenant, may
terminate this Lease, which termination shall be effective as
of the date Bet forth in such written notice.
2. Tenant's estimated heating-COOling load shall be
~~bject to Landlord's approval and in the event Landlord shall
~lPprove the same, Tenant shall revise the same until such
:~alTa~~~ ~h:~~~gi~OOli~I load is approved by Landlord. Tenant
same h b . s es mated heating-COOling load once the
as een approved by Landlord.
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3. The lnfor~wcion contained in Tenant'b electrical
load data form shall be subject to Landlord's approval, and
Tenant 8hall revise the 88me until the 88m. is approved by
Landlord. When Landlord has approved such information,
Landlord shall supply to Tenant the additional information set
forth in the electrical load data portion of Landlord's Design
Criteria. Baaed upon such additional in, formation, Tenant shall
prepare its electrical plans for the demised premises. After
reoeipt by Tenant of the additional information set forth in
the electrioal load data portion of Landlord's Design Criteria,
Tenant may not thereafter modify its electrical load data
unless Landlord has consented to suoh modification. Any costs
.lIoclated. with Buch consented to mOIHflcat1ons shall be borne
by Tenant.
4. It is agreed that Tenant is responsible for
Batisfying Tenant's requirements for the demised premises.
Landlord's review is only to determine conformity with
Landlord's Design Criter a and systems. Tenant is responsible
for design and oode oompliance, conatruction an~ installation.
D. Tenant's Working Drawings.
within sixty (60) days from the date of receipt by
Tenant of Landlord's Floor Plan and Landlord's Design Criteria,
regardless of whether the Tenant's Preliminary Plans have been
8ubmit ted, Tenant shell submit to the Landlord's architect for
approval three (3) sets and a sepia of complete working
construction drawings and specifications for Tenant's Work
inclUding architeotural, plumbing, electrical, sprinkler,
heating, ventilating and air-conditioning, and mechanical
drawings for all Tenant's Work in accordance with Landlord's
Floor Plan, Landlord's Design Cd ter 18, Landlord's HVAC Plan
electrical load data supplied Tenant by Landlord and approved
Tenant's Preliminary Plans, if any. Upon receipt of such
working drawings Landlord shall have the same rights of
approval, markup and disapproval and Tenant shall have the same
obligations as to resubmission as are set forth with regard to
Preliminary Plans.
E. Tenant's Final Plans.
The total of all approved Tenant's Preliminary Plans
and approved Tenant's working drawings and specifications
(whether such approval be affirmative either initially or after
resubmission by Landlord's markup) are collectively referred to
herein as -Tenant's Final Plans".
F. Preparation of Tenant's Plans.
All of Tenant's Preliminary Plans, specifications and
working drawings shall be prepared br a registered architect or
engineer normally engaged in the bus neBS of providing such
servioes and employed by Tenant at Its expense. If required by
local or state code, these drawings shall bear the seal of an
architect or engineer registered to practice in the
juriSdiction, in order to obtain required permits. Tenant
shall not submit plans and specifications which have been
prehared by contraotors, Ilubcontractors or suppliers, since
8UC plans will not be accepted by Landlord.
G. Failure to Make Submissions and Improper Submissions.
resubmissl~n:e::n~a~~tlsdorfomits to make timely SUbmission or
or 0 Tenant's Preliminary Plans or any
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8pecifica~ions or any wurking drawings within the Lequired time
periods or fails to or delays in submitting or supplying
Information or in giving authorizations or in performing or
completing Tenant'. Work or in any mlnner delays or in~a~feres
with the performance of Landlord's Work, Landlord, in addition
to any other right or remedy it may have under this Lease, at
law or in equity, may pursue anyone or more of the fOllowing
remedies I
1. Landlord may give Tenant at least ten (101 days'
written notioe that if a specified failure, omission o~ delay
is not cured by the date therein stated, this Lease shall be
deemed cancelled and terminated. If such notice shall be
oomplied with, thi8 Lease ahall, on the date stated in such
notice, be cancelled and terminated without prejudice to
Landlord's other rights and remedie. hereunder, and
2. After written notice of its intent.ion to do so,
Landlord may, at Tenant's cost and expense including, without
limitation, expense for such overtime as Landlord may deem
necessary, proceed with the completion of any such Preliminary
Plans and/or working drawings and/or Tenant's Work, as the case
may be, and such performance by Landlord shall have the same
effect hereunder as if the desired plans, specifications,
information, approval, authorization, work or other action by
Tenant had been done (but not paid for) as herein required, and
3. Landlord may require Tenant to pay to Landlord, as
additional rent hereunder, the cost to Landlord of completing
the demised premises in accordance with the terms of tll~S Lease
over and above what would have been such cost had there been no
such failure, omission or delay, and
4. In exercising any or all of the foregoing remedies
set forth in Section G.I, 1, 3 and 4 of this Article III,
Landlord shall be entitled to retain and have recourse to any
hond Or escrow deposit provided by Tenant.
If any Tenant submission is rejected because of
failure of Tenant to reasonably conform to Landlord's Design
Criteria, Tenant shall pay upon demand the costs of ad~itional
reviews by Landlord's architects and engineers.
H. Completion of Tenant's Work.
Tenant shall complete Tenant's Work as quickly as
possible, but in no event later than the rental commencement
date.
I. Occupancy Permit.
Tenant shall secure an occupancy permit from that
authority which has jurisdiction over the premises in
sufficient time to permit Tenant to open the premises at the
rental commencement date.
J. Completion Date.
See Lease Section 302.
K. Liens.
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S4~N REGULATIONS AND
SPECIFICATIONS
EXHIBIT .C.
The purpose of these regulations is to encourage and
develop cleative and diversified signing for Tenant stores in
compliance with the following criteria which shall in any event
be limited by the provisions of Section 1501 and Exhibit B of
the Lease Agreement.
a. Wording 01 the signs shall be limited to Tenant's
permitted store or trade name. Tenant's customary signature or
logo, hallmark, insignia, or other trade identification will b.
permitted only if in conformity with these sign regulations.
b. Signs Ihall conaist of individual letters. Signs
of the flashing, blinking or animated type are not permitted.
Box type gigns, when built into and an integral part of the
.tote front design may be submitted for consideration.
c. The size of all signs shall be limited and shall
be in scale and harmony with the Shopping Center. The
lettering on Tenant's sign shall not exceed the following
limitations I
(i) Height - 16. for letters with the exception
of the initial capital letters, if used, which may be 24",
depth - I" minimum, 4" maxiumum.
(11) Arc. - No lettering shall be located within
two (2) f~et of any adjacent store or corridor, nor shall any
sign occupy more than seventy (701) percent of the store
frontage on the mall. The location of the lettering within the
permitted sign area shall be such as to present an orderly
appearance of all of the signs of all the Tenants in the mall,
taken as a composite or panorama of signs.
d. Printed signs on storefronts or show windows are
prohibited with the exception of small-scale signs which are
neatly lettered on the glass of the storefront or logos on door
handles.
e. Subject to compliance with all applicable code
requirements, public safety decals or art work on glass in
minimum sizes may be used.
f. Paper signs, stickers, banners or flags may not be
used by Tenan t.
g. An exterior sign (one located on the outside of
Tenant's real wall) shall be permitted only in the case of
those tenants authorized by Landlord to have a direct rear
customer entrance from the parking ares, snd shall be subject
to Landlord's IDle discretion as to design, size and location.
h. No exposed raceways, ballast boxes or electrical
transformers will be permitted.
1.
(applicable
Sign company names or stamps shall
ordinances and codes permitting).
be concealed
j. No exposed sign illumination and no flood lighting
of signs or storefronts shall be permitted.
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k. No permanent or temporary window signs fastened to
the interior or exterior of the show windows shall be permittod
except for si~nature or identification signs lettered or
affixed oirectly on the glass.
1. No more than one store sign may be installed on
each st~re frontage in which one or more customer entrances are
located. tf the leased premises is a wcorner" store even
though a customer entrance is not located on each frontage, two
store signs may beinatalled one on eaoh store frontage of the
lealed premis.s.
m. All sign letters and sign boxes must be internally
illuminated, with the exception or. exposed decorative lighting
which shall be in white only. Mawimum brightness allowed for
interior signs whioh front on the enclosed mall, if any, will
b. 100 foot lamb.rts taken at the letter face.
n. No portion of any sign shall projec~ more than 8"
beyond the storefront.
o. Signs and identifying marks shall be placed
entirely within the boundaries of the demised premises with no
part higher than the neutral curtain wall space above the store
front (or neutral band above, if any).
p. Signs for kiOSkS, promotional displays or for
shows will in every instance require the written approval of
the Lanctlord.
q. Tenant shall comply with the requirements of all
applicable codes, and/or local ordinances and obtain local
government approval when required by code. All permits shall
be obtained by the tenant's own sign contractor at Tenant's own
cost a"d expense.
r. All signs must be "Underwriters Approved".
s. No wood blocking or flammable construction
material is to be used in the attachment of any sign material
above t~e store front.
t. Interior projecting signs or graphic
identification which front on the mall shall not be greater
than 2'6" x 2'6", interior illuminated cube modules which front
on the mall shall not be greater than 2'6" x 2'6" x 2'6".
Tenant shall submit drawings for Tenant's signs and
other methods of identification in accordance with the
proviSions of Exhibit WB". Notwithstanding the fact that such
signs and other methods of identification are in compliance
with the foregoing criteria, no such sign or other method of
identification shall be installed by Tenant without Landlord's
prior written approval of their size, type, location, quality
and aesthetic propertios.
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EXHIBIT -D"
CONDJTIONED AIR CHARGE RATE ADJUSTMENT SCHEDULE
The fOllowing is the "Conditioned Air Charge Rate
Adjustment Schedule" referred to in Artiole XI of the Lease.
.
Except as otherwise prOVided, all terms herein shall
have the 8ame meaning as in the Lease.
The Tenant's annual "Conditioned Air Charge" shall be
the sum of the capital facilities charge, the electrio energy
usage charge, the lIalntenance charge, and the make-up air
oharge.
la) The cubic feet per minute (CFM) of conditioned
air for the Tenant's demised premises shall be determined in
aooordanoe wJth procedures desoribed in the Design Criteria
referred to .n Bxhibit "B,- hereinafter called the "Tenant
CN. "
Ibl The Tena~t's annual capital facilities charge
shall be equal to $1.00 per "Tenant CFM" of conditioned ale for
the demi.ed premises.
Ic) The Tena~t's annual electric energy charge eor
cond i ti Oiled .tr.
11) Incl~ded as part of Common Area charges,
eac~ Tenant w'11 be allowed a maximum of one 11) CFM
of conditioned air per sq. ft. of his demised premises
at QO additio~al electric energy charge.
(2) The annual electric energy charge for ~he
"Tenants cFM" shall be equal to 14 KWH per "Tenant
CFM" in excess of one (I) CFM per sq. ft. of Tenant's
demised premises mUltiplied by the Landlord's KWH cost.
(3) The Landlord's KWH cost shall be the
Landlord's total electric energy cost for the Shopping
Center divided by the total KWH purchased.
(d) The Tenant's annual maintenance charge for
oond i tioned ai r .
(1) The Tenant's annual conditioned air charge
for maintenance shall be equal to "Tenants CFM"
mUltiplied by the Landlordfs maintenance cost per CFM
of oonditioned air.
(2) The Landlord's maintenance cost per cFM of
conditioned air shall be the Landlord's total cost to
maintain the Tenant air conditioning systems divided
by the sum of all "Tenant CFM."
Ie) The Tenant's annual make-up air charge.
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CHARGE RATE SAMPLE
SAMPLE STORE (See -M-l") I
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SPACE - 00
TENANT AIR CONDo · 2,800 CFM
LEASED AREA · 2,500 Sq. Ft.
TENANT MARE-UP AIR · 3,500 CFM
COST/YR eOST/MO $/SF/YR
A. CAPITAL FACILITIES CHARGE
,
2800 CFM at $1.00/CFM . $2,800.00 $233.33 $1.12
S. ELECTRIC ENERGY CHARGE
lAssumed LL Cost 6 cents/RWH )
Excess CFM-2800 CFM-2500 CFM '"
300 CFM
300 CFM X 14 KWH/CFM x $0.06/KWH'" 252.00 21.00 0.10
C. MAINTENANCE CHARGE
(LL Annual Cost-$58,000)
$511.00Q .. 33 cen\;s!CFM/YR
180,000 CFM
2800 eFM at 33 cents/CFM/YR '" 924.00 77.0Q. 0.37
TOTALS '" $3,976.00 $331.33 $ 1. 59
D. MARE-UP AIR CHARGE
3500 CFM x 15 KWH/CFMx$0.06/KWH '" 3,150.00 262.50 1.26
TOTALS II $7,126.00 $593.83 $ 2.85
SUMMARY
,
Conditioned Air . $1.59/SF/YR
Make-Up Air . . 1.26(SF/YR
TOTAL . $2.85/SF/YR
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SURETYSHIP AGREeMENT
In oonslderation of the execution by Landlord of the
within Luse dated the day of , 19 ,
between CAMP HILL SHOPPING CENTER ASSOCIATES as Landlord and
PC PALACE, LTD. as Tenant, respect:ing certain store
premises in Camp Hill Shopping Center, Camp Hill, Pennsylvania,
the undersigned, (hereinafter referred to as .Surety.)
intending to be legally bound hereby, hereby becomes surety for
the prompt and faithful performance by Tenant of the within
Lea.e and all the terms, covenants and conditions thereof
inclUding, but not limitod to, the payment by Tenant of the
rental and all other SUIIS to become due thereunder.
surety agrees that (1) this obligation shall be
binding upon Surety without any further notioe or acoeptanoe
hereof, but the same shall be deemed to have been aocepted by
the exeoution of the within Lease, (2) immediately upon each
and every default by Tenant, without any notice to or demand
upon Surety, Surety will pay to Landlord the s~m or sums in
dehul t and will comply wi th or per form all the terms,
covenants and conditions of said Lease which shall be binding
upon the said Tenant as provided in said Lease, (3) no
extension, for.bearance or leniency extended by landlord to the
said tenant shall discharge Surety and Surety agrees at all
times it will be liable notwithstanding same and
notwithstanding the fact that Surety has had no notice of any
said default or of ani said forbearance or extension, (4)
Landlord and Tenant w thout notice to or consent by surety may
at any time or times enter into such modifications, extensions,
amendments or other covenants respecting the said Lease and
that Surety shall not be released thereby, it being intended
that any joinder, waiver, consent or agreement by Tenant by its
own operation, shall be deemed to be a joinder, consent, waiver
or agr.eement by Surety with respect thereto and that Surety
shall continue as Surety with respect to the said Lease as so
modified, extended, amended or otherwise affected, (5) neither
the Surety's obligation to make payment in accordance with the
terms of this agreement nor any remedy for the enforcement
thereof shall be impaired, modified, changed, released or
limited in any manner whatsoever by any impairment,
modification, change, release or limitation of the liability of
the tenant or its estate in bankruptcy or of any remedy for the
enforcement thereof, resulting from the operation of any
present or future provision of the National Bankruptcy Act or
other statute, or from the decision of any court.
Surety further agrees to be bound by each and every
covenant, Obligation, power and authorization, without
limitation, in the said Lease, and with the same force and
effeot as if it were designated in and had executed said Lease
a8 Tenant thereunder.
The undersigned, jointly and severally hereby
a~thorize and empower any prothonotary or attorney of any Court
o Record of Pennsylvania, or elsewhere, to appear for and sign
~or ~he undrrsigned an agreement for entering in any competent
.our an am cable action or actions for the reoovery of any sum
or sums of money which may be due or beoome due hereunder and
~~es~~~e~:lc~~~e action or aotions to confess jUdgment ag~inst
without decYaratf~~ ;rf~dsu:n~rw~utmhs'tatS of ~nYfterm, with or
and co t t ' 8 orney sees, interest
~:~~~l~e~~~!~~!~er~~~~hjad~~h~~I~~n:~~~lc~~~i~:i~~h~~s~~~ebJS~~e
, u gment may be confessed as aforesaid
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from time to time and a. often as any said eum or .ums become
due hereunder, and such powers may be exeroised as well aftar
the expiration of the origin.l term during any extension or
r.n.wal of the within L..... .
In any suoh amicable action, Lsndlord shall first
oaus. to be fil.d in .uch action an affidavit made by it or
someone acting for it .etting forth the facts necessary to
authorize the entry of iudgment, of whioh facts luch Affidavit
shall be concluBlve. .viaenoe, and if a true copy of thia
SuretYBhip Agreement bs flled in such aotion, lt shall not be
nece.sary to file the original as a warrant of attorney, any
rule of oourt, cUltom, or praotice to the aontrary
notwithltancHng.
The underelgned expressly walves the benefits of law,
noW or hereafter enforced, exempting Iny goods of other
property from d!straintl levy or sale in any legal proceedlngs
taken by Landlord to enroree any rights under this Suretyshlp .
Agr.ement. The undersigned further "aives the right to delay
exeoution on eny real estate that may be levied,upon to collect
any amount which may be due under the terms and conditions of
thls Suretyship Agreement, and authorizes the prothonotary to
enter a wrlt at Bxecutlpn or other process upon the
undersigned'. voluntary waiver, and further agrees that the
said real estate may be sold on a Writ of Exeoution or ot~er
prClcltss.
If thJs Suretyphip Agreement is executed by two Qr
more partles, it shall ~e the ioint and several obligutio~ of
all such parties, and ~~al1 not be revoked or impaired as to
any by the death of al~ or any of such parties, or by th,
revocation or release Qf any obligations hereunder, by Of
agalnst all or any of such other parties.
IN WITNESS WHEREOF, the undersigned has
Suretyship Agreement to be duly executed this
, 19 .
WADE A. DIETRICH
Prlnt or type name
706 Center Street
M1.11er~burg. PA 17061
xadress
(Rome)
Qt~ 01ZJ~9,.
~tu>;e~ /~
EDWARD J. JONES
Prlnt or type name
RDHl. Box 33
LYKENS. PA 17048
AcIaress
(Home)
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day of
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