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2000_0828_packet
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2000_0828_packet
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9/29/2011 10:04:38 AM
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necessary to maintain the ' .Im rovements.All repairs and maintenance shall be at <br /> least equal in quality and class to the original construction of the .improvements.A. <br /> Tenant shall be responsible for twenty-five percent (25%) of any costs incurred in the sole <br /> discretion of the Lessor regarding the maintenance or improvement of the parking lot or other <br /> commonareas. Such costs shall be payable in lump sums upon notice- <br /> ' ' ' . Lessor shall consult with Tenant regarding the need for and <br /> scheduling of routine maintenance to common areas including but not limited to the parking lot, <br /> and both parties shall take reasonable measures to provide advance notice of anticipated <br /> maintenance activities for budgeting purposes and shall schedule and undertake those activities so <br /> as to avoid the interruption or disruption of services and programs to the extent practicable. <br /> 17, rnNnT'A4N A 01 V �r 18. CONDEMNATION. In the event that the la2r%ad <br /> -Property, Improvements, or any part thereof shall be taken in <br /> condemnatio roceedin s by the exercise of any right of eminent domain,er by <br /> appropriation or through private purchase in lieu thereof,the parties to this Agreement shall <br /> attempt to value Tenant's interest in the -Improvements and the Lessor's land value <br /> and reversionary interest in the ,Property, and distribute any award or <br /> compensation accordingly. In the case of a condemnation by Lessor, <br /> compensation shall be limited to the depreciated value of the Improvements based on a standard <br /> straightline depreciation schedule using the certified costs of the Improvements divided by the <br /> term of the Lease,# ' <br /> and shall not include land value, <br /> business or enterprise value, going concern value or any other pecuniary benefit that may be <br /> asserted by the Tenant. noreeffient i iz nn—t - ' <br />
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