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<br />4894-6811-3695v.2 0017787-000542
<br />such Taxes in accordance with Section 3.6.3, and if such amount is not paid by Tenant within fifteen
<br />(15) days after receipt of Lessor’s written notice advising Tenant of such nonpayment, County and/or
<br />Agency may, without further notice to or demand on Tenant, pay, discharge or adjust such tax,
<br />assessment or other charge for the benefit of Tenant. In such event Tenant shall promptly on written
<br />demand of County or Agency reimburse County and/or Agency for the full amount paid by County
<br />and/or Agency in paying, discharging or adjusting such tax, assessment or other charge, together with
<br />interest at the Interest Rate from the date advanced until the date repaid.
<br />3.6.5. Operating Costs. Tenant shall pay all Operating Costs during the Term prior
<br />to delinquency. As used in this Lease, the term “Operating Costs” shall mean all charges, costs and
<br />expenses related to the Premises, including, but not limited to, management, operation, maintenance,
<br />overhaul, improvement, replacement or repair of the Improvements and/or the Premises.
<br />3.6.6. Utility Costs. Tenant shall pay all Utility Costs during the Term prior to
<br />delinquency. As used in this Lease, the term “Utility Costs” shall include all charges, surcharges,
<br />taxes, connection fees, service fees and other costs of installing and using all utilities required for or
<br />utilized in connection with the Premises and/or the Improvements, including without limitation, costs
<br />of heating, ventilation and air conditioning for the Premises, costs of furnishing gas, electricity and
<br />other fuels or power sources to the Premises, and the costs of furnishing water and sewer services to
<br />the Premises. Tenant agrees to indemnify and hold harmless the County and Agency against any
<br />liability, claim, or demand for the late payment or non-payment of Utility Costs.
<br />ARTICLE IV
<br />USE OF PREMISES
<br />
<br />4.1 Permitted Use of Premises. Tenant may use the Premises for the construction,
<br />development, entitlement, operation, maintenance, replacement and repair of the Project, including
<br />the Improvements, as follows:
<br />4.1.1. Required Services and Uses. Lessor’s primary purpose for entering into this
<br />Lease is to promote the development of the Improvements consistent with this Lease . In furtherance
<br />of that purpose, Tenant shall construct and during the entire Term operate, maintain, replace and
<br />repair the Improvements in a manner consistent with the Laws and for the following uses:
<br />(a) multifamily affordable housing, and appurtenant improvements,
<br />including, without limitation, parking,
<br />(b) permanent supportive housing units and related services, and
<br />(c) related commercial and community-serving uses, as approved by the
<br />Lessor.
<br />4.1.2. Ancillary Services and Uses. Subject to the prior written approval of Lessor,
<br />which approval may be granted or withheld in the sole discretion of the Lessor, Tenant may provide
<br />those additional services and uses which are ancillary to and compatible with the required services
<br />and uses set forth in Section 4.1.1., above.
<br />4.1.3. Additional Concessions or Services. Tenant may establish, maintain, and
<br />operate such other additional facilities, concessions, and services as Tenant and Lessor may jointly
<br />EXHIBIT 15
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