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02-08-21-R
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02-08-21-R
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<br />2 <br /> <br /> (b) Close all or any part of the Property (and deny Licensee’s access to the License <br />Area as reasonably necessary in connection with any repairs made by Licensor to the Property or in the <br />event of any emergency, without liability or cost to Licensor; <br /> (c) From time to time, upon not less than three (3) days’ prior written notice to <br />Licensee, temporarily deny Licensee the use of all or a portion of the Licensed Area of the parking lot when <br />same are needed to accommodate Licensor’s own use for special events held at the Property or other real <br />property owned by Licensor; and <br /> (d) Make any change to the designated area of the License Area, which Licensor <br />deems necessary or desirable in its sole discretion; provided that such change does not materially and <br />adversely impact Licensee’s ability to use the Licensed Area in accordance with the terms of this <br />Agreement. <br />6. Modification. If Licensor wishes to materially modify or alter the Property in connection <br />with a sale, expansion, redesign or development of the Property, Licensor shall consult with Licensee <br />concerning Licensor’s plans for such modification or alteration and Licensee may provide reasonable <br />feedback on Licensor’s plans; provided, however, Licensee’s consent to such plans shall be required. <br />7. Insurance. Licensee agrees to maintain general commercial liability insurance covering <br />claims for personal injury, death and property damage occurring on or about the License Area of the parking <br />lot with policy limits of not less than One Million Dollars ($1,000,000). Upon request from Licensor, <br />Licensee shall provide Licensor with a certificate or other reasonable evidence of such liability insurance. <br /> 8. Indemnification. Licensee agrees to indemnify and hold harmless Licensor from any and <br />all claims, liabilities, causes of action or costs (including attorneys’ fees and costs of suit), however caused, <br />to the extent they arise out of or are alleged by Licensor or third parties to arise out of Licensee’s use of the <br />License Area or the parking lot. <br /> 9. Release. Licensee hereby waives and releases any and all claims against Licensor for the <br />interruption or interference in the use of the License Area, or for any damage to any vehicles or other <br />property located on or about the License Area or the Property from any cause whatsoever. <br /> 10. Transfer. Licensee shall not assign or transfer this Agreement, or the License created <br />hereby, in whole or in part or permit any other party to use the Licensed Area under any arrangement, <br />without the prior written consent of Licensor. <br /> 11. Default. Licensor may terminate this Agreement upon notice to Licensee if: <br /> (a) Licensee breaches Sections 1 or 2 of this Agreement three (3) times (each time <br />requiring notice from Licensor regarding such breach); <br /> (b) Licensee breaches Sections 4 or 9 of this Agreement; or <br /> (c) Licensee fails to perform any of its obligations set forth herein or breaches this <br />Agreement and such failure or breach is not cured within thirty (30) days following written notice to <br />Licensee thereof.
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