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2011-080 RES APPROVING GROUNDS SUBLEASE AGREEMENT BETWEEN RED RIVER VALLEY FAIR ASS'N AND PARIS RODEO AND HORSE CLUB
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2011-080 RES APPROVING GROUNDS SUBLEASE AGREEMENT BETWEEN RED RIVER VALLEY FAIR ASS'N AND PARIS RODEO AND HORSE CLUB
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8/21/2012 11:09:44 AM
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10/19/2011 10:25:12 AM
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notice from Sublessor to Sublessee, Sublessor may declare this <br />lease, and all rights and interest created by it, to be terminated. <br />Upon Sublessor's electing to terminate, this sublease shall cease <br />and come to an end as if the day of Sublessor's election were the <br />day originally fixed in the sublease for its expiration. <br />Waiver of Breach <br />#11.02. The waiver of Sublessor of any breach of term, <br />covenant, or condition of this Sublease shall not be deemed to be a <br />waiver of any other breach of that term, covenant, or condition of <br />any other term, covenant, or condition of this Sublease regardless <br />of when the breach has occurred. <br />Possession after Termination <br /># 11.03. In the event of termination by Sublessee of the <br />terms, conditions, or covenants of this sublease, Sublessor shall <br />be entitled to the immediate possession of the subleased premises <br />and shall be entitled to reenter the premises to remove all <br />property and effects that Sublessee could have removed under #9 <br />.02, without liability for damages of any kind, said claim for <br />damages being expressly waived. Sublessee agrees that it will not <br />interfere with Sublessor's possession of the subleased premises in <br />any way if Sublessor takes possession under this paragraph. <br />ARTICLE 12. SPECIAL PROVISIONS <br />Possession of Subleased Premises by Sublessor <br />#12.01. (a) It is agreed between Sublessor and Sublessee that <br />Sublessor shall have possession of the subleased premises for each <br />year this sublease is in effect during the time Sublessor has its <br />annual fair. Possession by Sublessor is to begin at 11:59 a.m. <br />o'clock on the second day preceding the opening day of the fair and <br />is to end at 11:59 a.m. o'clock on the second day subsequent to the <br />last day of the fair. Sublessee will give Sublessor access to all <br />buildings and other facilities on the subleased premises at the <br />time Sublessor is entitled to possession except for areas <br />containing the business records of Sublessee. Sublessor shall not <br />use the equipment located on the premises unless otherwise agreed <br />to between the Sublessor and the owner of the equipment. During <br />such possession, Sublessor shall be responsible for all utility <br />use; these charges to be based upon statements received from the <br />respective utility companies. <br />13 <br />
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