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RFP No. 10-07-01 Towing Services
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Seay Towing
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Last modified
11/12/2010 9:55:37 AM
Creation date
11/12/2010 9:54:44 AM
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CityClerk-Bids_RFP_RFQ
Project Name
Prof. Towing Svcs.
Bid No. (xx-xx-xx)
10-07-01
Project Type (Bid, RFP, RFQ)
RFP
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<br />I. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br /> <br />Premises, Lessor shall have the right to accept the Bona Fide Offer with respect to the Premises to the original <br />offeror(s) in accordanceiwith the Bona Fide Offer, and shall provide to Lessor upon written request a Waiver of <br />Right of First Refusal in 'ia form provided by Lessor within three (3) days of written demand.. <br /> <br />TWENTY -FIFTH: Lessor shall not be required to do any work in, on or upon the Premises or the <br />Building to ready the same for Lessee's use or occupancy of the Premises, it being acknowledged that Lesset is" <br />fully familiar with the condition of the Premises and that Lessee has either undertaken an exhaustive examination <br />of the same prior to the:execution of this Lease or has waived the opportunity to undertake such inspection. All <br />work necessary for Lessee's use, occupancy and operation of the Premises for their intended purposes shall be <br />done by Lessee, at Lessee's sole cost and expense, pursuant to the terms and conditions of this Lease. Lessor <br />warrants that the existing electrical, mechanical, HV AC system, and plumbing shall be in good working order <br />upon Lessee taking occupancy of the Premises. During the course of the lease, the tenant shall maintain the <br />premises and make any repairs and replacements to the premises, the existing electrical, mechanical, HV AC <br />system, and plumbing :that do not exceed $1500.00 per incidence of repair, and any cost above $1500 for an <br />incidence of repair shall be paid by Lessor., provided in the event such incident of repair is caused by the act or <br />negligence of Tenant, Tenant shall be solely reponsible for the cost of such repair. <br /> <br />TWENTY-SIXTH: In the event it shall become necessary for either party at any time to institute any <br /> <br />legal action or proceedings of any nature for the enforcement of this Lease, or any of the provisions hereof, or to <br /> <br />employ an attorney-at-law therefore and said party prevails in such action or proceedings, then the non-prevailing <br /> <br />party shall pay to the prevailing party such prevailing party's court costs, reasonable attorney's fees, incurred at all <br /> <br />levels of litigation, including trial(s) and appeal(s), and any post-judgment collection fees and costs, including <br /> <br />garnishments, executions and other procedures.. <br /> <br />TWENTY SEiVENTH Bankruptcv. Landlord and Tenant understand that, notwithstanding certain <br />provisions to the contrary contained herein, a trustee or debtor in possession under the Bankruptcy Code may <br />have certain rights to assume or assign this Lease. Landlord and Tenant further understand that, in any event, <br />Landlord is entitled under the Bankruptcy Code to adequate assurances of future performance of the provisions <br />of this Lease. The parties agree that, with respect to any such assumption or assignment, the term "adequate <br />assurance" shall include at least the following: <br />(a) In order to assure Landlord that the proposed assignees will have the resources with which to <br />pay all Base Rent and any additional rent payable pursuant to the provisions of this Lease, any proposed <br />assignee must have, as demonstrated to Landlord's satisfaction, a net worth (as defined in accordance with <br />generally accepted accounting principles consistently applied) of not less than the net worth of Tenant or any <br />guarantor (whichever :is greater) on the date this Lease became effective, increased by 7%, compounded <br />annually, for each year from the Rent Commencement Date through the date of the proposed assignment. It is <br />understood and agreed that the financial condition and resources of Tenant were a material inducement to <br />Landlord in entering into this Lease. <br />(b) Any ptoposed assignee must have been engaged in the conduct of business for the 5 years prior <br />to any such proposed ~ignment, which business does not violate the pennitted uses as set forth in Section <br />3.1(a) hereinabove, and such prop@~d assignee shall continue to engage in only such pernlitted use(s) and will <br />not cause Landlord to be in violation or breach of any provision in any other lease, financing agreement, <br />operating agreement or other agreement relating to the Building. It is understood and agreed that Landlord's <br /> <br />10 <br />
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