THIRD ADDENDUMAddendum or Modifications |
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NUR MACROPRINTERS LTD | A. A. BARZILAY INVESTMENTS AND ASSETS LTD. | KAMIM INVESTMENTS AND ASSETS LTD.. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here. |
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Exhibit 4.26
THIRD
ADDENDUM
to Unprotected Tenancy Agreement
dated March 6, 2000
Made and entered into on September 20, 2004
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BETWEEN: |
A. A. BARZILAY
INVESTMENTS AND ASSETS LTD. |
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KAMIM INVESTMENTS AND
ASSETS LTD. |
(hereinafter, jointly and severally: the “Landlord”)
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AND BETWEEN: |
NUR MACROPRINTERS LTD. |
(hereinafter: “NUR”)
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WHEREAS |
A lease agreement was entered into between the Landlord and NUR dated March 6, 2000 (hereinafter: the “Lease Agreement”; all of the terms in this Addendum shall bear the meaning ascribed to them in the Lease Agreement, save where stipulated otherwise, in an express manner, in this Addendum), pursuant to which NUR leased the building situated in the Lod Industrial Zone in its entirety, as defined in the Lease Agreement (hereinafter: the “Premises”) from the Landlord; |
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AND WHEREAS |
According to clause 18 of the lease agreement, NUR is entitled to rent out parts of the Premises by way of a sub-lease; |
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AND WHEREAS |
NUR makes no use of part of the second floor of the Premises; |
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AND WHEREAS |
NUR is interested in renting out to another lessee part of the second floor of a total area of approximately 700 sq. m., with the addition of 15 parking spaces on the lower parking level (Floor -2) and warehouse space on the upper parking level (-1) (hereinafter: the “Second Floor Area”), as detailed in the plan attached as Appendix A to this Addendum (hereinafter: the “Additional Tenant”); |
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AND WHEREAS |
NUR has asked for the Lease Agreement to be executed directly between the Landlord and the Additional Tenant, and the Landlord is prepared to execute a lease agreement directly with the Additional Tenant; |
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AND WHEREAS |
The parties wish to determine between themselves all of the terms and conditions that relate to the said rental, pursuant to the provisions of this Addendum; |
WHEREFORE,
IT IS HEREBY AGREED AND WARRANTED BETWEEN THE PARTIES
AS FOLLOWS:
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1. |
NUR gives its consent to the Landlord to rent out the Second Floor Area commencing October 1, 2004 pursuant to a rental contract, a copy of which is attached herewith as Appendix B to this Addendum, and between this date and the termination of the rental according to the Lease Agreement the Second Floor Area shall be removed from the definition of the “Premises” and the provisions of the Lease Agreement shall cease to apply to the Second Floor Area. |
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2. |
The rental fees for the Second Floor Area shall be paid to the Landlord by the Additional Tenant. |
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3. |
The rental fees received by
the Landlord from the Additional Tenant for the period commencing October 1,
2004 and ending October 31, 2005 shall be deducted from those rental fees
that are actually paid by NUR unde
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