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EXHIBIT 1
<br />Lessee fall to execute and/or deliver a requested Estoppel Certi scale In a timely fashion, Lesser shall pay to Lessor a fee of $5oo- -
<br />BaFo apnt -^ �F �- _-lawaadoity sacca•ued.wl+hcwt-any raqukarnaat far•aoUea+o L""o, 3heaNsl4ttag aa4�tlopsae.jLAO,.
<br />wAklwua+4r-gseatw lot csasaiadaa•of+halauo The Pardes agree that such Increaseln Base ftenI represents fair and reasonable compensation forth e additional
<br />rlsh/costs that Lestor will Incur by reason of tessee's failure I provide the Estoppel Certificate, Such Increasa In Base Rent.shall In no event constitute a waiver of
<br />Lessee's aelault or Breach wllh respect to (lie failure to provide the Estoppel Ceralicate nor prevent the exercise at any of the other rights and remedies granted
<br />hereunder.
<br />(c) If Lessor desires to finance, refinance, or sell the Premises, or any pan thereof, Lessee and all Guarantors shall within 10 days alter written notice
<br />from Lessor deliver to any potential lender or purchaser designated by Lessor such financial statements as maybe reasonably required by such lender or purchaser,
<br />Including but not limited to Lassee's fins nclai statements for the past 3 years. All such finanalal statements shall be received by lessor and such lender or purchaser In
<br />confidence and shall txi used only for the purposes herein set forth.
<br />17, Definition of Lessor. The term "Lessor" as used herein shill mean the owner or ownersat the time In question of the feelitie to the Premises, or,lf this is a
<br />sublease, of the Lessee's Interest In the prior lease. In the event of a transfer of Lessor's title or Interest In the Premises or this Lease, Lessor shaft deliver to the
<br />transferee or assignee(In cash or by credit) any unused Security Deposit held by Lessor.. Upon such transfer or assignment and delivery of the Security Deposit, as
<br />aforesaid, the prior Lessor sholibereileved of all IlabAltywlth respectlo the obligations and/or covenants under this Leasethereaher to be performed by the Lessor,
<br />Subject to the foregoing, the obllgaeonsand/•or covenants in this Lease to be performed by the Lessorshall he binding only upon the Lestor as herainaboye defined.
<br />10, 3everabRity. The Invallcityrot any provision of this Lease, as determined by a court of competent jurisdiction, shall In no wayalfect the validity ofany other
<br />pwvislon hereof.
<br />i9, Days. Unless otherwise specifically Indicated to the contrary, theword 'days' as used In lhlstease shall mean and refer to calendar days.
<br />20, tim"tion on Uebllky. The obligations oftessur under this Lease shall not constitute personal obligations of tensor, orits partners, members, directors, officers
<br />or shareholders, and Lessee shall look to the Premises, and to no other assets of Lessor, for the satisfaction of a ny liability of lessor with respect to this Lease, and
<br />shall not seek recourse againstLessor'spartners, members, directors, officers or shareholders, or any of their personalassetsfor such satisfection.
<br />21, Time of f Bence. Time Is of the essence withrespect to the performance of all obligations to be performed orobserved by the Parties under this tease.
<br />22. No Pilot or Other Agreements; Broker Disclaimer. This Lease contains a Ilage"ments between the Partleswlth respect to any matter mentioned herein, and no
<br />other prior or contemporaneous agreement or under;tanding shall be effective. Lessor and lessee each represents and warrants to the Brokers that it has made, and
<br />is retying solelyupon, hsown Investigation as to the nature, quality, character and financial responslbillty of the other Party to this tease and as to the use, nature,
<br />quality, and character of the Premises. Bro! ors have no responsibility with respectthereto or with respect to any default or breach hereof by either Party.
<br />U - Notke,
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<br />14. Waivers,
<br />(a) No walvorby Lessor of the Default or Breach of any term, covenant or condition hereof by Lessee, shall be deemed a waiver of any other term,
<br />covenant or condition hereof, or of any subsequent Default or Breach by Lessee of the same or of any other term, covenant or to4bon hereof. Lessor's consent to,
<br />or approval of, any act shot[ not be deemed to render unnecessary the obtaining of lessor's consent to, or approval of, any subsequent or similar act by tessee, or be
<br />construed as the basis ofan woppel to enforce the provision or provisions of this Lease requiring suchconsenl.
<br />(b) The acceptance of Rent bytesslot shall not boa waNvr of any Default or Breach hV Lessee. Any Payment by Lessee may be accepted by Lessor on
<br />account of monies or damages due Lessor, notwithstanding arty quatryina statements or conditions made by Lessee h connection therewith, which such statements
<br />andlor condidons shall be of no force or effect whatsoever unless spoclhcally agreed to In writing by Lessor at or before the time of deposit of such payment.
<br />(c) THE PARTIES AGREE THAT THE TERMS OF THIS LEASE SHALL GOVERN WITH REGARDi0 ALL MATTERS RELATEDTHERETO AND HERE11Y WAIVE THE
<br />PROVISIONS OF ANY PRESENT OR FUTURE STATi1TE TO THE EXTENT THAT SUCH STATUTE IS INCONSISTENT WITH THIS LEASE.
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<br />INITIALS
<br />m 2019AIR CRE. All Rights Reserved, Last Edited: 2/25120219:53AM
<br />STN•17,30, Revised 11.25-2019 Page 12 of 16
<br />City Council 26 — 14 4/19/2022
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