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<br />failure of performance of the LANDLORD, its agents or any unrelated third party <br /> <br />employees. <br /> <br />ARTICLE XV <br />SUCCESSORS IN INTEREST <br /> <br />It is hereby covenanted and agreed between the parties that all covenants, <br /> <br />conditions, agreements, and undertakings contained in this Lease Agreement shall extend <br /> <br />to and be binding on the respective successors and assigns of the respective parties <br /> <br />hereto, the same as if they were in every case named and expressed. This Lease <br /> <br />Agreement is not assignable by either party. <br /> <br />ARTICLE XVI <br />OPTION TO RENEW <br /> <br />Provided TENANT is not otherwise in default and subject to LANDLORD <br /> <br /> <br />having no objection, TENANT, through its Fire Chief or his designee, is hereby granted <br /> <br /> <br />the option to extend this Lease Agreement for an additional period that TENANT may <br /> <br />deem necessary, upon the same terms and conditions contained herein, by giving <br /> <br />LANDLORD notice in writing at least sixty (60) days prior to the expiration of this Lease <br /> <br />Agreement or any extension thereof. <br /> <br />ARTICLE XVII <br />CANCELLATION <br /> <br />TENANT, though its Fire Chief or designee, shall have the right to cancel this <br /> <br />Lease Agreement at any time by giving LANDLORD at least ninety (90) days written <br /> <br />notice prior to its effective date. In the event TENANT exercises said cancellation right <br /> <br />in the initial term of this Lease Agreement, TENANT shall pay LAN LORD One dollar <br /> <br />Page 7 of 10 <br /> <br />4'~ . B <br />'. I <br />0f <br />