b. Tenant shall indemnify Landlord from any and all liability, obligation, damages,
<br /> penalties, claims, liens, costs, charges, losses, and expenses (including, without limitation,
<br /> reasonable fees and expenses of attorneys, expert witnesses, and consultants), which maybe
<br /> imposed upon, incurred by, or be asserted against Landlord or Tenant in relation to the taxes
<br /> owed or assessed on the Premises.
<br />
<br /> c. If the methods of taxation in effect at the Commencement Date of the Lease are
<br /> altered so that, in lieu of or as a substitute for any portion of the property taxes and special
<br /> assessments now imposed on property, there is imposed a tax upon or against the
<br /> consideration payable by Tenant to Landlord, Tenant shall pay those amounts in the same
<br /> manner as provided for the payment of real and personal property taxes.
<br />
<br />29. TP, EATM£Nr IN BANKRtJPrCY. The parties to this Lease hereby expressly agree and
<br />acknowledge that it is the intention of both parties that in the event that during the term of this Lease
<br />Tenant shall become a debtor in any voluntary or involuntary bankruptcy proceeding (a
<br />"Proceeding") under the United States B ankxuptcy Code, 11 U. S .C. § 101, et seq. (The "Code"), this
<br />Lease is and shall be treated as an "unexpired lease of nom'esidential real property" for purposes of
<br />Section 365 of the Code, 11 U.S.C. § 365, and, accordingly, shall be subject to the provisions of
<br />subsections (d)(3) and (d)(4) of said Section 365.
<br />
<br />30. MISCELLANEOUS. ~
<br />
<br /> a. This Lease is not a franchise pursuant to Article XI of the Charter of the City of Paris,
<br /> Chapter 29, Article IV of the Code Ordinances of the City of Paris, or Title 9, Chapter 282
<br /> of the Texas Local Government Code, or any other provisions of Federal, State, or local
<br /> laws, nor is it a permit to use the rights-of-way under Chapter 29, Article II of the Code of
<br /> Ordinances of thc City of Paris or Title 9, Chapter 283 of the Texas Local Government Code,
<br /> or any other provisions of Federal, State, or local law. Any such franchise or permit must
<br /> be obtained separately from Landlord.
<br />
<br /> b. Landlord and Tenant each represent and warrant to the other that all necessary
<br /> authorizations and approvals required for execution and performance o fth~s Lease have been
<br /> given and that the undersigned individual is duly authorized to execute this Lease and bind
<br /> the party for which it signs.
<br />
<br /> c. This Lease constitutes the entire agreement and understanding of the parties and
<br /> supersedes all offers, negotiations, and other agreements of any kind. There are no
<br /> representations or understandings of any kind not set forth herein. Any modification of or
<br /> amendment to this Lease must be in writing and executed by both parties.
<br /> d. This Lease and performance hereunder shall be governed, interpreted, construed and
<br /> regulated by the laws of the State of Texas, and all obligations of the parties created by this
<br /> Lease are performable in Lamar County, Texas. Venue for State court actions arising under
<br /> this Lease shall be exclusively in the courts of Lamar County, Texas; venue for federal court .
<br />
<br /> Page 14of 18
<br />
<br />
<br />
|