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Reso 2013-2139
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Reso 2013-2139
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Last modified
12/12/2013 11:16:53 AM
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12/12/2013 11:16:45 AM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2013-2139
Date (mm/dd/yyyy)
10/17/2013
Description
SubLease Agmt w/American Federated Title Corp. & SIB Quarterdeck.
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additions or improvements requested to be performed by Subtenant and until such amounts are <br /> paid in full, Sublessor shall have no obligation to consider or act upon Subtenant's request to make <br /> such alterations, additions or improvements. <br /> 18. Liens. Sublessor hereby notifies all mechanics, materialmen and other lienors that pursuant <br /> to Florida Statutes §713.10, any liens under Florida Statutes Chapter 713 shall extend to, and only <br /> to, the right, title and interest of the person who contracts for the improvement in question and <br /> that neither the interest of Sublessor, Landlord nor any superior interest in the Sublease Premises, <br /> Building or Project shall be subject to liens for any improvements, services or materials made by, <br /> contracted for or otherwise authorized by Subtenant or by any employee, contractor or agent of <br /> subtenant, and that Subtenant has no power, authority or permission to create any such lien. <br /> Subtenant agrees that prior to contracting for or otherwise authorizing any improvements, services <br /> or materials to be made in or delivered to the Sublease Premises, Subtenant shall notify the <br /> applicable contractor of the foregoing provisions. Subtenant further agrees that upon request of <br /> Sublessor, Subtenant shall execute a notice which sets forth the foregoing provisions, which notice <br /> may be recorded by Sublessor or Landlord in the public records of the county where the Project is <br /> located. Notwithstanding these provisions, Subtenant, at its expense, shall cause any lien filed <br /> against the Sublease Premises, the Building or the Project for work or materials claimed to have <br /> been furnished to Subtenant to be discharged of record or properly transferred to a bond under <br /> §713.24, Florida Statutes, within ten days after notice to Subtenant. Further, Subtenant agrees to <br /> indemnify, defend, and save Sublessor harmless from and against any damage or loss, including <br /> reasonable attorneys' fees, incurred by Sublessor as a result of any liens or other claims arising out <br /> of or related to work performed in the Sublease Premises by or on behalf of Subtenant. <br /> 19. Assignment and Subletting. Subtenant shall not mortgage, encumber, transfer, or assign <br /> this Sublease in whole or in part, or further sublet or permit occupancy of the Sublease Premises, <br /> or any part thereof or interest therein or enter into any other arrangement which does or may <br /> require the consent of the Landlord, including any of the foregoing effected by operation of law <br /> (each a "Transfer"), without the prior written consent of Sublessor and Landlord, which consent of <br /> Sublessor shall not be unreasonably withheld. Sublessor's withholding of such consent shall be <br /> deemed reasonable if Landlord does not consent for any reason. The sale or other transfer of any <br /> partnership interest in or any capital stock of, or the issuance of any additional partnership interest <br /> in or any capital stock of, Subtenant or any partner in Subtenant or any entity directly or indirectly <br /> owning or controlling Subtenant or any partner in Subtenant shall be deemed a Transfer which <br /> requires Sublessor's prior written consent, except with respect to capital stock which is publicly <br /> traded. No Transfer shall relieve Subtenant from any of its obligations under this Sublease. <br /> Notwithstanding anything to the contrary contained herein, Sublessor shall have the option, <br /> exercisable by notice to Subtenant, to recapture all of the Sublease Premises, or at the option of <br /> Sublessor, the portion of the Premises subject to the proposed Transfer in the event that less than <br /> all of the Premises is subject to the proposed Transfer. Such recapture notice shall cancel and <br /> terminate this Sublease with respect to the space being recaptured as of effective date of the <br /> proposed Transfer. If this Sublease shall be canceled with respect to less than all of the Sublease <br /> Premises, then the Base Rent and the Additional Rent shall be prorated on the basis of the number <br /> of net rentable square feet retained by Subtenant in proportion to the number of net rentable <br /> 12 <br />
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