2006-153-RES-Municipal Lease Agrement

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TABLE OF CONTENTS PAGE 1. LEASE .............................................................................................................................. ....................................... 1 2. TERM, TERMINATION AND NONAPPROPRIATION ............................................................................................. 1 3. RENEWAL OPTION ........... .... ....................... ................. ................. ............. ........... ................. ............... ............. ... 1 4. RENT .............................................................................................................................. ......................................... 1 5. NET LEASE; OBLIGATION TO PAY RENT UNCONDITIONAL .............................................................................. 2 6. LESSEE'S INSPECTION: CONCLUSIVE PRESUMPTIONS .................................................................................. 2 7. USES AND LOCATION ........................................................................................................................................... 2 8. TITLE AND RETURN .............................................................................................................................................. 2 9. MARKINGS ..... ................... ................. ......................... ......... ............... ........... ............... ................. ........................ 2 10. MAINTENANCE AND REPAIRS ............................................................................................................................. 3 11. ALTERATIONS ........................................................................................................................................................ 3 12. NO WARRANTIES BY LESSOR ............................................................................................................................. 3 13. INSURANCE .............................................................................................................................. ............................. 3 14. CASUALTY .............................................................................................................................. ............................... 3 15. CASUALTY PAYMENT ........................................................................................................................................... 4 16. TAXES AND GENERAL COVENANTS ................................................................................................................... 4 17. REPRESENTATIONS AND WARRANTIES OF THE LESSEE ............................................................................... 4 18. EVENT OF DEFAULT ............................................................................................................................................. 5 19. REMEDIES .............................................................................................................................. ................................ 6 20. SECURITY .............................................................................................................................. ................................ 6 21. LESSOR'S EXPENSES...................................................................................................................... ..................... 7 22. ASSIGNMENT .. .... ............. ................. ....................... ............. ............................ ........... ............... ........................... 7 23. PERSONAL PROPERTY .............................................................................................................................. .......... 7 24. LATE CHARGES ............................................................................................................................... ...................... 7 25. NON-WAIVER ...... ............... .... ................... ................... ............. ........... ............. ............. ................... ..................... 7 26. ENTIRE AGREEMENT .............. ......... .................. ........... ............... ............. ........... ............. ................... ............. .... 7 27. NOTICES .............................................................................................................................. .................................. 7 28. GENDER; NUMBER .............................................................................................................................. .................. 7 29. TITLES .............................................................................................................................. ...................................... 7 30. TIME .............................................................................................................................. .......................................... 7 31. GOVERNING LAW .................................................................................................................................................. 7 32. CONSENT TO JURISDICTION ......... ......................... ......... ...... ......... ............. ................. ............. ............. ............. 8 33. INCORPORATION BY REFERENCE ..................................................................................................................... 8 34. FURTHER ASSURANCES .............................................................................................................................. ........ 8 35. DOCUMENTATION FEE ............ ....................... ............. ............... ......... ............. ............. ................. ............. ......... 8 36. ACKNOWLEDGMENT ............. ......................... ............... ............. ........... ............. ............. ................. ............. ....... 8