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FIESTA MARKETPLACE PARTNERS (5)
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FIESTA MARKETPLACE PARTNERS (5)
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Last modified
9/4/2024 5:47:55 PM
Creation date
8/26/2024 2:51:21 PM
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Contracts
Company Name
FIESTA MARKETPLACE PARTNERS
Contract #
A-1987-007
Agency
Community Development
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Vii. ASSIGNMENT AND SUBLETTING <br />TENANT shall not assign this Agreement, nor sublet the <br />leased property or any interest therein, without the written <br />consent of CITY first had and obtained. Any assignment or <br />subletting by TENANT without the written consent of CITY, or <br />any assignment or subletting by operation of law, shall be void <br />and shall, at the option of CITY, terminate this Agreement. <br />VIII. DEFAULT BY TENANT <br />If TENANT breaches any of its covenants hereunder or fails <br />to comply with any of the terms hereof, other than failure to <br />pay rent when due as specified herein, this Agreement shall, at <br />the option of CITY, terminate, and TENANT agrees that upon the <br />happening of any such event, within ten (10) days after service <br />by CITY on TENANT of a notice to terminate, TENANT shall vacate <br />the premises and peaceably quit and surrender up possession of <br />the leased property; provided, however.,. that in any such case <br />CITY shall not terminate this Agreement unless and until CITY <br />has first served a notice,of default, specifying the nature <br />thereof, on TENANT, and TENANT fails to cure or correct such <br />default within thirty (30) days after service of such notice. <br />In the event TENANT fails to pay rent when due as specified in <br />this Agreement, then, in addition to any other remedies to <br />which CITY may be entitled by law or under this Agreement, CITY <br />may terminate this Agreement by service of <br />-7- <br />
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