Laserfiche WebLink
<br />and extended coverage insurance covering the Premises. Tenant shall occupy the Demised Premises, <br />conduct its business and control its agents, employees, invitees and visitors in such a way as is lawful, <br />and reputable and will not permit or create any nuisance, noise, odor, or otherwise interfere with, annoy <br />or disturb any other tenant in the Building in its normal business operations or Landlord in its <br />management ofthe Building. Tenant's use of the Demised Premises shall conform to all the Landlord's <br />rules and regulations relating to the use of the Building. Outside storage on the Building of any type of <br />equipment, property or materials owned or used on the Premises by Tenant or its customers and suppliers <br />shall not be permitted, unless otherwise stated. <br /> <br />7.0 SECURITY AND DAMAGE DEPOSIT: <br /> <br />Tenant has deposited with Landlord the sum of Five Thousand Six Hundred Dollars and 00/100 <br />($5,600.00), receipt of which is acknowledged hereby by Landlord. Landlord shall hold deposit, without <br />liability for interest, as a security and damage deposit for the faithful performance by Tenant during the <br />Term of Lease or any extension. Prior to the time when Tenant shall be entitled to the return of this <br />security deposit, Landlord may co-mingle such deposit with Landlord's own funds and to use such <br />security deposit for such purpose as Landlord may determine. In the event of the failure of Tenant to <br />keep and perform any of the terms, covenants and conditions of the term of lease or any extension of this <br />lease, then Landlord, either with or without terminating this Lease, may (but shall not be required to) <br />apply such portion of said deposit as may be necessary to compensate or repay Landlord for all losses or <br />damages sustained by Landlord due to such breach on the part of Tenant. Landlord may apply said <br />deposit without limitation to overdue and unpaid rent, any other sum payable by Tenant to Landlord <br />pursuant to the provisions of this Lease, damages or deficiencies in the reletting of Demised Premises, <br />and reasonable attorney's fees incurred by Landlord. Should the entire deposit or any portion thereof, be <br />appropriated and applied by Landlord, in accordance with the provisions of this paragraph, Tenant upon <br />written demand by Landlord, shall remit to Landlord a sufficient amount of cash to restore said security <br />deposit to the original sum deposited. Tenant's failure to remit such security deposit within five (5) days <br />after receipt of such demand shall constitute a breach of this Lease. Upon the termination of this or any <br />extension, Landlord shall return to Tenant the deposit or any remaining balance. Tenant shall have no <br />right to anticipate return of said deposit by withholding any amount required to be paid pursuant to the <br />provision of this Lease. <br /> <br />In the event Landlord shall sell the Building, conveyor dispose of its interest in this Lease, Landlord may <br />assign said security deposit or any balance to Landlord's assignee, whereupon Landlord shall be released <br />from all liability for the return or repayment of such security deposit and Tenant shall look solely to the <br />assignee for the return and repayment of security deposit. Said security deposit shall not be assigned or <br />encumbered by Tenant without the written consent of Landlord, and any assignment or encumbrance <br />without such consent shall not bind Landlord. In the event of any rightful and permitted assignment of <br />this Lease by Landlord, said security deposit shall be deemed to be held by Landlord as a deposit made <br />by the assignee, and Landlord shall have no further liability with respect to the return of said security <br />deposit to the Tenant. <br /> <br />8.0 CARE AND REPAIR OF DEMISED PREMISES: <br /> <br />Tenant shall, at all times throughout the Term of Lease and any extensions, and at its sole expense, keep <br />and maintain the Demised Premises in a clean, safe, sanitary and first class condition and in compliance <br />with all applicable laws, codes, ordinances, rules and regulations. Tenant's obligations hereunder shall <br />include without limitation, the maintenance, repair, replacement, if necessary of all interior walls, <br />partitions, doors and windows, including the regular painting thereof, all exterior entrances, windows, <br />doors and docks, the replacement of all broken glass, of any fixture/equipment/component of heating, <br />ventilation, air conditioning (HV AC) systems, all lighting systems, plumbing systems and electrical <br />systems. In the event that an HV AC rooftop unit or ceiling hung unit heater requires replacement, the <br />cost of such replacement shall be shared between Landlord and Tenant, Tenant's share to be based on a <br /> <br />Lease - Synergy Motor 6-4-02 <br />06/06/02-3:08 PM <br /> <br />4 <br />