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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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right to examine the statements and supporting documents shall be <br />limited to no more than twice each year of this sublease upon <br />reasonable notice to Sublessee. <br />Failure of Sublessee to report all gross receipts shall be <br />grounds for the termination of this agreement upon written notice <br />from Sublessor to Sublessee of a material error and the error is <br />not corrected within thirty days. <br />ARTICLE 3. USE OF PREMISES <br />Primary Purpose <br />#3.01. Sublessee shall have the right to use the leased <br />premises for any lawful purposes. In this connection, and without <br />detracting from the foregoing, it is understood and agreed that the <br />primary purpose for which the leased premises have been leased and <br />hired is for activities and purposes of the Sublessee as outlined <br />in its Articles of Incorporation and By-laws. <br />Illegal Use Not Permitted <br />#3.02. Sublessee agrees not to use all or part of the leased <br />premises or any building situated upon the leased premises for any <br />use or purpose in violation of any valid and applicable law, <br />regulation, or ordinance of the United States, the State of Texas, <br />or the City of Paris, Texas, or other lawful authority having <br />jurisdiction over the leased premises. <br />Waste and Nuisance <br />#3.03. Sublessee shall not use, or permit the use of, the <br />premises in any manner that results in waste of the premises or <br />constitutes a nuisance. Sublessee, at its expense, will comply, <br />and will cause its officers, employees, agents, and invitees to <br />comply, with all applicable laws and ordinances and with all <br />applicable rules and regulations of governmental agencies, <br />concerning the use of the premises. <br />ARTICLE 4. UTILITIES <br />#4.01. Sublessee shall pay or cause to be paid all charges <br />for water, heat, gas, electricity, sewers, and all other utilities <br />used on the subleased premises throughout the term of this <br />sublease, including any connection fees. <br />7 <br />
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