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201502911
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Last modified
7/21/2017 2:18:45 AM
Creation date
5/7/2015 1:05:08 PM
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DEEDS
Inst Number
201502911
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��15��911 <br /> that, at th� tim� �f such acquisition, is being used in a mann��r that would ��olate the <br /> Restr�cted Use or is subject to a iease that would permit the app���a�le tenant t� <br />� engage in a use that wauld �iolat� the Restr�cted Use. <br /> �d} No �ncum�rance, lien, or� restricti�n record�d against or otherwis� <br /> �mpos�d upon the Leased Premises, which has �een cons�nted to by the Land�ord <br /> after the da�e hereof, sha11 b� binding upar� or �therw�se enforceable against T�nant or <br /> its successors and assigns un�ess T�nant has �xpressly ar�d �n writing, consented to <br /> said recordation or impos�t�on; any such purparted encumbranc�, lien �r restriction to <br /> which T�nant has nat consented shall be �oi�. Th� f�regoing restriction against the <br /> imposition ar recordati�n �f ather I�ens, encumbrances ar restr�ctians shall b� deemed a <br /> co�enar�t running with the land in additi�n to any ��ntractual o�ligati�n of Landlord. <br /> RI�HT �F FIRST REFUSAL <br /> �a} In the e�ent that Landlord shall recei�e a 8ana Fid� �ffer ta purchase the <br /> Leased Premises at any time and from tim� t� tim� �n vr aft�r th� date hereof and <br /> d uring the term of th� Lease or any extensions thereof from any person �r entity, <br /> Landlord shall sv n�tify T�nant �Attn.: �ommunity & Rea� Estate Law Department} <br /> together with a true and correct copy �f said Bona Fide �ffer. F�r purposes here�f, a <br /> "B�na Fide �ffer" shal� be deemed to be one made in writing by a perSon or entity that <br /> is not refated to or affiliated with Land�ord whi�h Land�ord int�nds to accept �su�j��t to <br /> th�s clause �a}}. In submitting the Bona Fid� �ffer to Tenant, Landlord shail s�gr�gate <br /> the pric� and the terms of the �ffer f�r the Leas�d F'remises fr�m th� price and �ther <br /> t�rms c�nne�ted with any additional prop�rty or properties that such pers�n or entity is <br /> offering to purchase from Landlord, such that Tenant may purchase the Leased <br /> Prem�ses separate from any such add�tional pr�perty or prop�rties. In no e�ent shall <br /> the Bona Fid� �ffer c�ndition the purchase of the L�ased Premis�s on the p�rchase of <br /> any additional prapert�es from Landl�rd. Tenant may, at Tenant's apti�n and with�n <br /> twenty �2�} day� after r�ceipt of Landlord's nat�ce �f said Bona Fide �ffer and receipt af <br /> a G�py thereaf and, if applicable, any re�e�ant loan assumption documentation, offer to <br /> purchase th� Leased Premises at the price and upon the terms and conditions as are <br /> contained in said Bana F�d� �ffer, in which e�ent, Landl�rd shaf� sell the L�ased <br /> Premises to Tenant upon said t�rms and condit�ons and said pric�; furthermore, in such <br /> e�ent, Landlord shall con��y the L�ased Premis�s to Tenant �y warranty deed. � <br /> Notwithstanding th� foreg�ing, the pric� that Tenant shall pay f�r the Leased Prem�ses <br /> shall �e reduced by an amount �qual to broker's fees �r commiss�ons that would ha�� <br /> been payable by LandEord if the Leas�d Premises w�re sold pursuant to a Bana Fide <br /> C]ffer. Landl�rd shaii pro�ide Tenant e��den�e �f the am�unt of brvker's fe�s or <br /> c�mmissions payable in c�nne�ti�n with any such Bona Fide �ffer. Landlord <br /> c��enants that it shall accept no such B�na Fi�e �ffer or �on��y th� premises until it <br /> has cvmpli�d with the terms of this clause �a}. Any con�eyance of the Leased� � <br /> Premis�s n�ade in th� absence of full satisfa�tian vf this clause �a} shall be �o�d. <br /> Tenant may enf�rce this ciause �a}, without �imitation, �by in�unct��n, spe�ific <br /> � performan�� or�ther equ�tabl� relief. <br /> 4 ; <br /> . � <br /> � <br />
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