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2012-01-25 CC Packet
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2012-01-25 CC Packet
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1/20/2012 12:16:31 PM
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SECTION TWELVE <br /> ENCUMBRANCES <br /> Lessee agrees to keep the Equipment free and clear of all levies, liens, and encumbrances, <br /> whether voluntary or involuntary. <br /> SECTION THIRTEEN <br /> INDEMNITY <br /> Lessee agrees to defend, at its sole cost and expense, and to indemnify and hold harmless, <br /> Lessor, its agents and employees, from and against any and all loss, claims, actions, suits, <br /> damages, however caused, resulting directly or indirectly from or pertaining to the possession, <br /> use, lease, operation, rejection, or return of the Equipment. <br /> SECTION FOURTEEN <br /> OWNERSHIP BY LESSOR <br /> The Equipment is, and shall at all times remain, the sole and exclusive property of <br /> Lessor, and Lessee shall have no right, title, or interest in the Equipment except as expressly set <br /> forth in this Lease Agreement. <br /> SECTION FIFTEEN <br /> ASSIGNMENT BY LESSEE <br /> Lessee shall not, without the prior written consent of Lessor, assign, delegate, or transfer <br /> this Lease Agreement, or permit the Equipment, or any part, to be used by anyone other than <br /> Lessee or Lessee's employees. <br /> SECTION SIXTEEN <br /> TERMINATION, MODIFICATION, OR WAIVER <br /> This Lease Agreement cannot be terminated or cancelled except as expressly provided. <br /> No amendment, alteration, or change to this lease Agreement shall be effective unless in writing <br /> and signed by Lessor and Lessee. <br /> It is understood that Lessor uses this equipment to provide emergency relief to area <br /> communities in the event of a natural disaster. Upon the occurrence of such an event, Lessor may <br /> upon 12 hours notice, suspend or terminate this lease in order to respond to the disaster. Upon <br /> such notice, Lessee shall remove its property from the Equipment and surrender possession to <br /> Lessor. <br /> It is understood that the Lessor will use the Equipment for Fete des Lacs from July 29 -31. <br /> Lessee will return Equipment to Lessor during this time period. Further Lessor will have the <br /> right upon five days notice to use the equipment for other events. The lease will be suspended <br /> during these time periods during which Lessor will assume responsibility for the loss or damage <br /> to the Equipment. <br /> 3 <br /> 12 <br />
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