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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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10/19/2011 10:25:12 AM
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Force Majeure <br />#13.09. Neither Sublessor nor Sublessee shall be required to <br />perform any term, condition, or covenant in this sublease so long <br />as performance is delayed or prevented by force majeure, which <br />shall mean acts of God, strikes, lockouts, material or labor <br />restrictions by any governmental authority, civil riots, floods, <br />and any other cause not reasonable within the control of Sublessor <br />or Sublease and which by the exercise of due diligence Sublessor or <br />Sublessee is unable, wholly or in part, to prevent or overcome. <br />Time of Essence <br />#13.10. Time is of the essence of this agreement. <br />Sublease Approval <br />#13.11. Notwithstanding any of the above, this sublease shall <br />not be effective until approval is given to enter into this <br />sublease by the City of Paris, Texas to Sublessor as evidenced by <br />the signature of its duly authorized representative below. Upon <br />the execution of this sublease and approval by the City of Paris, <br />the previous agreements between the parties hereto dated March 14, <br />2006, shall be canceled and of no further force or effect. <br />Sublease Subject to Main Lease <br />#13.12. Notwithstanding any of the above, this sublease shall <br />be subject to all the terms, conditions and covenants that are part <br />of the Main Lease, referred to in # 1.01., above. <br />The undersigned Sublessor and Sublessee execute this agreement <br />on , 2011, at Paris, Lamar County, Texas. <br />Sublessee: Sublessor: <br />Paris Rodeo and Horse Club Red River Valley Fair <br />Association, Inc. <br />By <br />President By: <br />P. O. Box 736 <br />Paris, Texas 75461-0736 <br />By By. <br />Secretary <br />P. O. Box 736 <br />Paris, Texas 75461-0736 <br />President <br />570 East Center St. <br />Paris, Texas 75460 <br />Secretary <br />570 East Center St. <br />Paris, Texas 75460 <br />17 <br />
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