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25B - AGMT - CDA WORK CENTER OFFICE SPACE LEASE
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25B - AGMT - CDA WORK CENTER OFFICE SPACE LEASE
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Last modified
9/28/2017 4:59:11 PM
Creation date
9/28/2017 4:49:58 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
25B
Date
10/3/2017
Destruction Year
2022
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EXHIBIT "J" <br />OPTIONS <br />This Exhibit "J" consists of the following Schedules: Schedule `h -I" (Extension Option[s]); Schedule'? -2" (Additional Space Option[s]); and <br />Schedule "J•3" (Determination of FMRR), all of which are incorporated herein by this reference. Notwithstanding anything to the contrary in this <br />Lease: (a) all of the rights and options of Tenant that are described in this Exhibit "J" (collectively, the "Options") are and shall be personal to the <br />Original Tenant, are not transferable and may only be exercised by the Original Tenant (and not by any assignee, sublessee or other Transferee of <br />Tenant's interest in this Lease), and (b) the Extension Option and Right of First Offer may be exercised only on the condition that, at the applicable <br />time, the Original Tenant then occupies the entire premises. In addition, notwithstanding anything to the contrary in this Lease, at the election of <br />Landlord (in its sole and absolute discretion): (i) any attempted exercise by Tenant of the Extension Option or Right of First Offer shall be invalid <br />and ineffective if, as of the date of such attempted exercise: (A) Tenant is in default under this Lease or (B) Tenant has previously been in default <br />under this Lease more than two times, and (ii) if as of the date that the Extension Option or Tenant's lease of any Leased First Right Space (defined <br />below) would otherwise commence: (A) Tenant is in default under this Lease or (B) Tenant has previously been in default under this Lease more <br />than two times, Landlord may cancel Tenant's exercise of the Extension Option or the Right of First Offer with respect to the applicable Offered First <br />Right Space, as applicable, by delivery of written notice to Tenant. <br />801 1Y Civic Center Dr—C4 gfSanla Ana Lease -I- Exhibit J <br />25B-53 <br />
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