Reso 2011-1735 - Laserfiche WebLink

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(6) The Landlord will use its best efforts to create nearby offsite parking for overflow purposes; and (7) The Landlord will work with Tenant to find offsite parking for employees of the restaurant facilities. Section 11. Final Construction Documents. Prior to commencing construction of the Improvements or Major Alterations, the Tenant shall furnish the Landlord with: (i) Final Plans and Specifications approved by the Landlord and by any First Mortgagee or other lenders requiring approval; (ii) Evidence that the Contractor will perform satisfactorily, including, a completions guaranty by the parent corporation of Tenant or a lien bond and a performance and payment surety bond whichever shall be required by an Approved First Mortgagee other than Affiliate. If an Approved First Mortgagee requires a completion guaranty, such guaranty shall be in a form satisfactory to such Approved First Mortgagee and the Landlord shall be entitled to a completion guaranty in substantially the same form. If an Approved First Mortgagee requires a lien bond and a performance and surety bond, then such bonds shall be in a form satisfactory to such Approved First Mortgagee and shall be issued with the Contractor as principal and the Tenant, the Approved First Mortgagee and the Landlord as beneficiaries, as their respective interests may appear. The amount of said bonds shall not be less than the full amount of the construction contracts with the Contractor. Ifthe holder(s) of any mortgagees) require(s) additional bonds in a greater amount than is required pursuant to this subsection, the Landlord shall appear as an oblige on said bonds, as its interest may appear. If the Landlord is the Approved First Mortgagee or if the Approved First Mortgagee is an Affiliate then the Landlord shall determine whether or not it will require a completion guaranty or bonds: (iii) Evidence reasonably satisfactory to the Landlord that the Tenant has the equity capital and final commitments for mortgage or other financing adequate for the construction of the approved Improvements or Major Alterations; and (iv) All licenses, permits, approvals, certificates and all other necessary or appropriate actions of any Federal, State, or City authorities required to enable leasing, construction, maintenance, operation and use of the Improvements or Major Alterations in accordance with the Final Plans and Specifications approved by the Landlord and reasonably obtainable given the status of the Project; provided that the Landlord shall within 30 days of its receipt thereof, review and approve or give its reasons for its disapproval of any document prepared and submitted by the Tenant describing all such licenses, permits, approvals, certificates, environmental reviews and other actions which the Tenant intends to deliver and the delivery of documentation evidencing compliance with each item on such a submittal shall conclusively be deemed to satisfy this provision; and Section 12. Tenant's Overall Responsibilities. With respect to construction of the Improvements or Major Alterations, the Tenant shall be responsible for the following activities (as the same may be reasonably required): 12