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AMENDMENT NO. 2 to Lease Agreement

Lease Agreement

AMENDMENT NO. 2 to Lease Agreement | Document Parties: GENERAL COMMUNICATION INC You are currently viewing:
This Lease Agreement involves

GENERAL COMMUNICATION INC

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Title: AMENDMENT NO. 2 to Lease Agreement
Date: 6/4/2008
Industry: Communications Services     Sector: Services

AMENDMENT NO. 2 to Lease Agreement, Parties: general communication inc
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Exhibit 10.150

 

AMENDMENT NO. 2

to

Lease Agreement

 

RDB Company, as Landlord and GCI Communication Corp., as successor-in-interest to General Communication, Inc. (“Tenant”) entered into a Lease Agreement dated effective as of September 30, 1991 (“Lease”), as amended by the First Amendment between Janice I. Bowman, dba RDB Company and GCI Communication Corp. (“Amendment #1”), dated effective as of September 20, 2002.

 

Whereas, the Lore Road Premises and the Lease have been assigned and transferred (the “Transfers”) from: (a) RDB Company, an Alaska general partnership, to Janice I. Bowman by that Warranty Deed dated December 1, 1992, recorded on December 4, 1992, in Book 2350 at Page 13, and (b) Janice I. Bowman to Janice I. Bowman and Ronald A. Duncan, as tenants in common, under that Assignment of Lease and Assumption dated as of April 8, 2008 (collectively, “Landlord”); and

 

Whereas, Landlord and Tenant desire to amend the Lease as set forth below;

 

Now, therefore, for valuable consideration, the sufficiency of which is hereby acknowledged, the parties agree as follows:

 

I.          Term. Landlord and Tenant hereby amend the Lease by deleting existing Section 2 in its entirety and replacing it with the following:

 

 

2.

Term . The term of this Lease shall commence on October 1, 1991, and shall expire on September 30, 2026.

 

II. Rent. Landlord and Tenant hereby amend the Lease by deleting existing Section 4 in its entirety and replacing it with the following:

 

 

4.

Rent. Tenant shall p


 
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