Exhibit 10.1
STORE
LEASE
SMALLWOOD VILLAGE ASSOCIATES LP
LANDLORD
and
AMERICAN RENTAL MANAGEMENT COMPANY
(TENANT)
for
SPACE 139
SMALLWOOD VILLAGE CENTER
EXHIBITS
and
ATTACHMENTS
EXHIBIT A Site
Plan
2. EXHIBIT B Tenant Fit-Up
Specifications 1.
3. EXHIBIT C Common Area
Cost
4. EXHIBIT D Rules and
Regulations
5. EXHIBIT E Lease
Guaranty
6. EXHIBIT F Architectural
Covenants
Declaration of
Easements, Covenants, Conditions and Restrictions
INDEX
Article Title
1
Demised Premises
2
Ingress and Parking
3
Tenant Pans
4
Lease Term
5
Fixed Minimum Rent
6
Percentage Rent
7
Deposit
8
Gross Sales Report
9
Audit
10
Definition of Gross Sales
11
Taxes and Assessments
12
Laws and Ordinances3
13
Furniture and Fixtures
14
Repairs
15
Alterations
16
Damage
17
Eminent Domain
18
Roof Rights
19
Store Purpose
20
Signs
21
Hours of Lighting
22
Parking and Common Use Areas
23
Utilities: General
24
Utilities: Separate Meter
25
Trash
26
Keep Clean
27
Hold Harmless
28
Property at Tenant's Risk
29
Insurance Risk
30
Landlord Access
'31
Bankruptcy
32
Repossession
33
Reletting
34
Hold-Over
35
Rental Sign
36
Subordination
37
Notices
38
Assigns and Successors
39
Subletting and Assignment
40
Not Partners
41
Promotional Service
42
Continuous Occupancy
43
Maintenance and Operation of Common Areas
44
Cost of Maintenance and Operation of Common Areas
45
Insurance
46
Additional Rent
47
Quiet Enjoyment
48
Transfer of Landlord's Interest
49
No Waiver
50
Partial Invalidity
51
Rules and Regulations
52
Applicable Law
53
Captions and Headings
54
Joint and Several Liability
55
Modification
56
No Discrimination
57
Delay
58
Store Front
59
Estoppel Certificates
60
Outparcel
61
Waiver of Jury Trial
62
No Option
63
Security Deposit
64
Broker's Commission
65
Master Lease/Addenda
66
Landlord's Right to Change or Alter Stores
or Shopping Center
67
Late Charges
68
Subordination
LEASE
THIS LEASE, made this 15th day of April 2005, by and between
SMALLWOOD VILLAGE ASSOCIATES LP , a Maryland Limited
Partnership, 222 Smallwood Village Center, St. Charles, Maryland
20602, hereinafter designated "Landlord," and AMERICAN RENTAL
MANAGEMENT COMPANY hereinafter designated
"Tenant".
WITNESSETH:
DEMISED
PREMISES.
1. In consideration of all Tenant's undertakings hereinafter set
forth, including payment of rent as hereinafter specified. Landlord
hereby leases to Tenant the building area located in a shopping
center development known as 139 Smallwood Village
Center , St. Charles, Maryland containing approximately
1525 square feet , marked Exhibit "A" and made a part
hereof (herein called the "demised premises").
INGRESS &
PARKING 2. Together with
the building herein demised. the Landlord grants to the Tenant a
right of ingress and egress and free parking of vehicles of the
Tenant's invitees in the parking areas, and including a right for
ingress and egress to and from the adjoining public streets,
highways and/or service area.
Taken "as is"
FIT-UP
REQUIREMENTS 3.
The premises are to be constructed in accordance with the
attached Tenant fit-up specifications, marked Exhibit "B" and made
a part hereof, for which Landlord will provide "as-is" drawings.
Any additional Tenant requirements and costs over and above such
Tenant fit-up specifications set forth in Exhibit "B" will be the
responsibility of and at the expense of the Tenant. If the Landlord
agrees to make any additions to or modifications of Exhibit "B" at
Tenant's expense, Tenant agrees to pay the Landlord in full prior
to construction of the additions or modifications. It is agreed
that no later than ten (10) days from date of execution of this
Lease, the Tenant will furnish to Landlord its partition, electric,
telephone, and all other additions or modifications to Tenant
fit-up requirements beyond those set forth on Exhibit "B", in
drawings prepared by a certified architect or engineer suitable to
obtain a building permit from Charles County. In the event Tenant
fails to comply with the aforesaid by the date specified, then
Tenant shall pay to Landlord, in addition to the rent commencing as
of the Rent Commencement Date, daily rent for the number of days'
delay resulting from Tenant's failure to comply with the provisions
of this Article 3, computed at the rate of one-thirtieth (1/30th)
of the fixed monthly rental per day. The Landlord shall approve or
disapprove the drawings of Tenant's additions or modifications to
the fit-up requirements in writing within five (5) days of Tenant's
submission thereof. Within five (5) days of Landlord's approval of
the drawings, Tenant shall apply for a building permit and
diligently pursue obtaining the building permit from the
appropriate authorities of Charles County. In the event Tenant
fails for any reason to obtain a building permit within thirty-five
(35) days of the date of execution of this Lease, the Landlord
shall complete the Demised Premises in accordance with Exhibit "B"
and tender to the Tenant for occupancy.
LEASE TERM
4a. The
term of this Lease shall commence on the date hereof. and shall end
on the date here of, and shall end April 15, 2007 after the
"Rent Commencement Date". The "Rent Commencement Date" shall be the
15 TH of APRIL 2005, for a period extending TWO
(2) years from the first day of the calendar month
following the Rent Commencement Date.
FIXED MINIMUM
RENT 5. Commencing with the
Rent Commencement Date, Tenant shall pay as fixed minimum annual
rental for the premises the sum of SEVEN THOUSAND SIX HUNDRED
TWENTY NINE DOLLARS ($7629.00) per annum , payable in equal
monthly installments SIX HUNDRED THIRTY FIVE DOLLARS AND 42/100
($635.42) each. All such monthly installments of the fixed
minimum rental shall be payable to Landlord, in addition, without
previous notice or demand therefor, and without diminution,
counterclaim, deduction or set-off whatsoever, with the first
monthly installment to be due and payable upon execution hereof,
and each subsequent monthly installment to be due
and payable on the first day of each
and every month following the Rent Commencement Date during the
term hereof. If the Rent Commencement Date is a date other than the
first day of a month, rent for the period commencing with and
including the Rent Commencement Date until the first day of the
following month shall be prorated at the rate of one-thirtieth
(1/30th) of the fixed monthly rental.
PERCENTAGE
RENT
6(a). Intentionally left blank.
6(b). Intentionally left blank.
6(c). Intentionally left blank.
6(d). Intentionally left blank.
6(e). At the expiration of said lease year, the Fixed Minimum
Annual Rental herein provided for shall be adjusted by the Consumer
Price Index as defined in Article 6(f). Any such adjustment shall
be accomplished by multiplying the Fixed Minimum Annual Rental then
in effect by a fraction, the numerator of which shall be the
Consumer Price Index as of the most recent date prior to the date
of such adjustment, and the denominator of which shall be the
Consumer Price Index as of the date nearest the beginning of such
lease year (but in no event shall the Fixed Minimum Annual Rent be
reduced as a result of any such adjustment below the Fixed Minimum
Annual Rent specified in Article 5 hereof), and the increased Fixed
Minimum Annual Rental thereby established shall continue in effect
as the Fixed Minimum Annual Rental until again adjusted as herein
provided. The term "sufficient percentage rental" as used herein is
defined as such Percentage Rent for any lease year, whether or not
actually paid or payable, which, when added to the Fixed Minimum
Annual Rental set forth in Article 5 would equal or exceed such
Fixed Minimum Annual Rental if adjusted to the Consumer Price Index
(applied as aforesaid) at the end of such lease year to reflect
changes therein since the beginning of such lease year. For
example, if the Consumer Price Index increases by 4% in the first
lease year, then "sufficient percentage rental" for that lease year
would be an amount equal to or in excess of 4% of the Fixed Minimum
Annual Rental. If the Fixed Minimum Annual Rental set forth in
Article 5, or otherwise in this lease shall provide for different
fixed sums to be paid during certain lease years, or portions
thereof (other than as may result from the application of this
Section 6(e) hereof), then in each and every instance that the
Fixed Minimum Annual Rental shall be adjusted pursuant to this
Section 6(e), all other fixed sums payable as Fixed Minimum Annual
Rental at some future time thereafter shall likewise be adjusted in
the same proportion.
6(f). For all purposes of the Lease Agreement, the "Consumer Price
Index" is hereby defined to be the index for the Washington,
D.C.-Maryland-Virginia area, now known as the United States Bureau
of Labor Statistics, Consumer Price Index, for Urban Wage Earners
and Clerical Workers (revised) - U.S. City Average, and selected
areas
(1982/84 =100) all items; and if
the Consumer Price Index shall be discontinued or altered, then any
successor Consumer Price Index of the United States Bureau of Labor
Statistics or successor agency thereto, for the Washington, D.C.
Metropolitan area, shall be used, and if there is no such successor
Consumer Price Index, Landlord and Tenant shall attempt to agree
upon a substitute index or formula, and if said parties are not
able to agree upon such substitute, the matter shall be referred to
binding arbitration in accordance with the rules of the American
Arbitration Association in the State of Maryland then
prevailing.
6(g). No payment by Tenant or receipt by Landlord of a lesser
amount than the monthly installment of rent or other charges herein
stipulated shall be deemed to be other than on account of the
earliest stipulated rent or other charges, nor shall any
endorsement or statement of any check or any letter accompanying
any check or payment as rent be deemed an accord and satisfaction,
and Landlord may accept such check for payment without prejudice to
Landlord's right to recover the balance of such rent or pursue any
other remedy in this lease provided.
6(h). The Tenant also agrees to pay and the Landlord agrees to
accept as additional rental for each lease year of the term the
Tenant's proportionate share of any real estate or other taxes as
defined in Article 11 and the Tenant's proportionate share of the
cost of maintenance and operation of common areas as defined in
Article 44.
DEPOSIT
7. Landlord hereby acknowledges receipt from Tenant of the sum
of ________________ _____________________ which shall constitute
prepayment of the first months' rental. This will be paid when due
as normal monthly rent.
GROSS SALES
REPORT 8.
Intentionally left blank.
AUDIT
9. Intentionally left
blank.
DEFINITION OF
GROSS 10. Intentionally left
blank.
SALES
TAXES AND
ASSESSMENTS
11(a). For the purposes of this paragraph, the term "Real Estate
Taxes" means all taxes, rate and assessments, general and special,
levied or imposed with respect to the land, buildings and
improvements located or built within the Shopping Center, including
all taxes, rates and assessments, general and special levied or
imposed for school, pubic betterment, general or local improvements
and operations and taxes imposed in connection with any special
taxing district. If the system of Real Estate Taxation shall be
altered or varied and any new tax or levy shall be levied or
imposed on said land, buildings and improvements, and/or Landlord
in substitution for Real Estate Taxes presently levied or imposed
on immovable in the jurisdiction where the demised premises is
located, then any such new tax or levy shall be included within the
term "Real Estate Taxes." Should any governmental taxing authority
acting under any regulation, levy, assess, or impose a tax, excise
and/or assessment, however described (other than an income or
franchise tax) upon, against, on account of, or measured by, in
whole or in part, the rent expressly reserved hereunder, or upon
the rent expressly reserved under any other leases or leasehold
interest in the Shopping Center, as a substitute (in whole or in
part) or in addition to any existing Real Estate Taxes on land and
buildings and otherwise, such tax or excise on rents shall be
included within the term "Real Estate Taxes."
11(b). The term "Base Year" means the 2005-2006 real estate
tax year. The term "Real Estate Tax Year" means each successive
twelve (12) month period following and corresponding to the Base
Year, irrespective of the period or periods which may from
time-to-time in the future be established by competent authority
for the purposes of levying or imposing Real Estate
Taxes.
11(c). Each Real Estate Tax Year after the Base Year, Tenant shall
pay to Landlord within ten (10) days after demand in writing
thereof (accompanied by a statement showing the computation of
same) as additional rent and in addition to Fixed Minimum Rental,
Percentage Rent and all other payments provided for herein,
Tenant's Percentage Share (hereafter defined) of the amount by
which (i) the Real Estate Taxes for such tax year exceed (ii) the
Real Estate Taxes for the Base Year. The term "Tenant's Percentage
Share," for all purposes of this Lease, is hereby defined to be
that percentage representing the proportion that the total gross
rentable square feet contained within the leased premises bears to
the total gross rentable square feet contained within the Shopping
Center.
11(d). Reasonable expenses, consisting of attorneys' fees, expert
witness fees and similar costs, incurred by Landlord in obtaining
or attempting to obtain a reduction of any Real Estate Taxes shall
be added to and included in the amount of any such Real Estate
Taxes. Real Estate Taxes which are being contested by Landlord
shall nevertheless be included for purposes of the computation of
the liability of Tenant under the above paragraph, provided,
however, that in the event that Tenant shall have paid any amount
of increased rent pursuant to this Article 11 and the Landlord
shall thereafter receive a refund of any portion of any Real Estate
Taxes on which such payment shall have been based, Landlord shall
pay to Tenant the appropriate portion of such refund. Landlord
shall have no obligation to contest, object or litigate the levying
or imposition of any Real Estate Taxes and may settle, compromise,
consent to, waive or otherwise determine in its discretion to
abandon any contest with respect to the amount of any Real Estate
Taxes without consent or approval of the Tenant.
Nothing contained in this section shall be construed at any time to
reduce the monthly installments of rent payable hereunder below the
amount specified in Articles 5 and 6 of this Lease
If the termination date of this Lease shall not coincide with the
end of a Real Estate Tax fiscal year, then in computing the amount
payable under this Article 11 for the period between the
commencement of the applicable Real Estate Tax fiscal year in
question and the termination date of this Lease, Tenant's
Percentage Share of the Real Estate Taxes for the applicable Real
Estate Tax fiscal year shall be equitably apportioned (on a per
diem basis) so that Tenant shall pay only such portion of such Real
Estate Taxes as is attributable to the portion of such Real Estate
Tax fiscal year occurring during the term of this Lease. Tenant's
obligation to pay Real Estate Taxes under this Article 11 for the
final period of the Lease shall survive the expiration of the term
of this Lease.
A tax bill or true copy thereof, together with any explanatory
statement of the area or property covered thereby submitted by
Landlord to Tenant shall be conclusive evidence of the amount of
taxes assessed or levied, as well as of the items taxes. If any
real property tax or assessment levied against the land, building
or improvements covered hereby or the rents reserved therefrom,
shall be evidenced by improvement bonds or other bonds, or in any
other form, which may be paid in annual installments, only the
amount paid or payable in any real estate tax fiscal year shall be
included as Real Estate Taxes for that real estate tax year for the
purposes of this Article 11.
LAWS AND
ORDINANCES
12. At the time when Landlord tenders possession, in accordance
with its obligations under this Lease, to Tenant, Landlord shall
certify in writing that said premises and all of the work Landlord
has
performed therein is in
accordance with all state, county, and municipal building and
safety requirements. From that point forward, Tenant will, at its
own costs, promptly comply with and carry out all orders,
requirements or conditions now or hereafter imposed upon it by the
ordinances, laws and/or regulations of the municipality, county
and/or state in which the premises are located, whether required of
the Landlord or otherwise, in the conduct of Tenant's business,
except that Landlord shall comply with any orders affecting
structural walls and columns unless due to Tenant's particular
business or use of the premises. Tenant will indemnify and save
Landlord harmless from all penalties, claims, and demands resulting
from Tenant's failure or negligence in this respect.
FURNITURE AND
FIXTURES
13. Tenant shall have the privilege of installing, subject to the
written approval of the Landlord which shall not be unreasonably
withheld, any furniture, fixtures and machinery necessary to the
conduct of its business and the same shall remain the property of
the Tenant, provided they be removed by the Tenant before the
expiration of its tenancy, and further provided that in the event
any damage is done to said premises in the removal of said
furniture, fixtures or machinery, Tenant will promptly reimburse
Landlord for the cost of such repairs as are necessary to restore
said premises to their original condition. In the event of failure
of Tenant to remove said furniture, fixtures and machinery from
said premises before expiration of this Lease, it is agreed that
Tenant is abandoning said furniture, fixtures and machinery and
same shall become the property of Landlord, who shall have the
right to use, remove or dispose of said furniture, fixtures and
machinery at the Tenant's expense.
REPAIRS
14. The Tenant agrees to maintain the premises in good repair
during the term of this Lease, at his own expense, including the
floors, walls, ceiling, inside plumbing, heating, ventilating, air
conditioning and other equipment and fixtures installed by the
Landlord. Landlord agrees within a reasonable time after receipt of
written notice from the Tenant to make all repairs necessary to the
structural portion and roof, including gutters and downspouts of
the demised premises. The Tenant also agrees, at his own expense,
to replace all plate glass in the demised premises which shall be
damaged or broken from any cause, except where due to building
settlement. The Tenant also agrees at his own cost and expense to
maintain exterior sign face, sign box and sign lighting. The Tenant
also agrees at his own cost and expense to keep in effect during
the term of this Lease and any extension or renewal thereof a full
parts and labor maintenance contract on the heating, ventilating
and air conditioning equipment, servicing the demised premises with
a contractor licensed in this area, approved by the Landlord, which
approval shall not be unreasonably withheld. The Tenant agrees to
provide the Landlord with a copy of this contract upon
request.
ALTERATIONS
15. Tenant shall not do any
construction work or make any alterations, modifications or changes
to any part of the demised premises either exterior or interior,
without Landlord's written consent which shall not be unreasonably
withheld. Landlord may condition its consent upon Tenant's delivery
to Landlord of a policy or policies of workmen's compensation,
liability and property damage insurance, naming Landlord as
additional insured, in limits and with companies acceptable to the
Landlord. In the event of any such approved work or changes, Tenant
shall have all work done at its own expense. Request for such
consent shall be accompanied by plans stating in detail precisely
what is to be done. Tenant and Tenant's contractors (who shall be
licensed) shall comply with the building codes, regulations and
laws now or hereafter to be made or enforced in the municipality,
county and/or state in which said premises are located and which
pertain to such work. Any additions, improvements, alterations
and/or installations made by Tenant (except only movable store and
office furniture and fixtures) shall become and remain a part of
the building and be and remain Landlord's property upon the
termination of Tenant's occupancy of said premises; provided,
however, that if Landlord gives written notice to Tenant at the
expiration or prior termination of this Lease to such effect, it
may require Tenant to restore said premises to their original
condition. Tenant shall save Landlord harmless from and against all
expenses, liens, claims or damages to either property or person
which may or might arise by reason of the making of any such
additions, improvements, alterations and/or
installations.
DAMAGE
16. If the demised premises shall be partially or totally damaged
or destroyed by any risk covered by Landlord's insurance as
provided for in Article 45(a) of this Lease, then Landlord shall
diligently and as soon as practicably after such damage occurs
(taking into account the time necessary to effectuate a
satisfactory settlement with any insurance company, and reasonable
delay on account of "labor troubles" or any other cause beyond
Landlord's control) repair or rebuild the demised premises,
provided, however, that in no event shall Landlord be obligated to
expend in such repair or rebuilding any sums in
excess of the amount of insurance
proceeds paid to Landlord in connection therewith. The foregoing
notwithstanding, in no event shall Landlord be required to repair,
restore or rebuild any portions of the demised premises
constituting a part of Tenant's leasehold improvements or other
tenant work, trade fixtures, equipment and personal property. If
the demised premises are rendered wholly or partially untenantable
by such damage or destruction, and such damage and destruction was
without the fault or neglect of the Tenant, his servants,
employees, agents, visitors or licensees, then the rent payable by
Tenant under this Lease during the period in which the demised
premises are so untenantable shall be equitably abated. Except as
set forth in this Article, Landlord shall not be liable for any
damages (including without limitation, business interruption) that
may be suffered by Tenant by reason of any casualty to the demised
premises and/or Landlord's repairing or rebuilding thereof and/or
the deprivation of Tenant's use and possession of the demised
premises. All of the foregoing provisions of this Article 16
notwithstanding, if the demised premises are rendered wholly
untenantable by fire or other cause, and the Landlord shall decide
not to rebuild the same, or if the Shopping Center be so damaged
that the Landlord shall decide to demolish it or not to rebuild it,
then, or in any of such events, the Landlord may, at its option,
cancel and terminate this Lease by giving to the Tenant, within
sixty (60) days from the date of such damage, notice in writing of
its intention to cancel this Lease, whereupon the term of this
Lease shall cease and determine upon the tenth day after such
notice is given, and the Tenant shall vacate the demised premises
and surrender the same to the Landlord.
EMINENT
DOMAIN
17. If the Shopping Center or any part thereof shall be taken by
any governmental or quasi-governmental authority pursuant to the
power of eminent domain or deed in lieu thereof, Tenant agrees to
make no claim for compensation in the proceedings and hereby
assigns to Landlord any rights which Tenant may have to any portion
of any award made as a result of such taking, and this Lease shall
terminate as to the portion of the premises taken by the condemning
authority and rental shall be adjusted to such date. The foregoing
notwithstanding, Tenant shall be entitled to claim, prove and
receive in the condemnation proceedings such awards as may be
allowed for relocation expenses and for fixtures and other
equipment installed by it which shall not, under the terms of this
Lease, be or become the property of Landlord at the termination
hereof, but only if such awards shall be made by the condemnation
court in addition to and stated separately from the award made by
it for the land and the building or part thereof so
taken.
If the nature, location or extent
of any proposed condemnation affecting the Shopping Center is such
that the Landlord elects in good faith to demolish all or
substantially all of the buildings in the Shopping Center, then the
Landlord may terminate this Lease by giving at least sixty (60)
days' written notice of termination to the Tenant at any time after
such condemnation and this Lease shall terminate on the date
specified in such notice.
ROOF RIGHTS
18. Landlord shall have the
exclusive right to use all or any portion of the roof of the leased
premises for any purposes, and shall have the right to erect
additional stories or other structures over all or any part of said
premises.
STORE
PURPOSE
19(a). The demised premises shall be used only for the purpose of
STORAGE. Tenant shall not use all or any portion of the
demised premises for any other purpose.
19(b). Tenant affirmatively agrees and represents that it
understands and accepts the following as terms of this
Lease.
1. The use of the demised premises solely for the above-mentioned
purpose was critical to Landlord's decision to enter into this
Lease. Landlord, in reaching its decision concerning the use of the
demised premises, considered and was influenced by the tenant mix
in the Shopping Center and the socio-economic status of the
community in which the demised premises are located. Such decision
by Landlord would not have been made if Tenant intended to use any
portion of the demised premises for any purpose other than that
specified herein.
2. Landlord is acutely aware of its standing and reputation in the
community, and any use of the demised premises reflects on that
standing and reputation. For this reason also, use of the demised
premises was critical to Landlord's decision to enter into this
Lease and to Landlord's continued good standing and reputation in
the community.
3. No deviation whatsoever from the use specified herein shall be
allowed for any portion of the demised premises without the prior
written consent of Landlord, which consent may be withheld for any
reason, or without reason, in the sole, absolute, and arbitrary
discretion of Landlord.
4. The terms of this Article 19 including, but not limited to, any
questions concerning the use for which all or any portion of the
demised premises are being employed, shall be strictly enforced and
any questions arising hereunder shall be resolved by Landlord in
its sole and absolute discretion
19(c). In addition to the provisions of Article 19(a) and (b)
above, and in no way in limitation thereof, Tenant agrees not to
commit waste on the demised premises and not to use the demised
premises for any unlawful purpose, or in violation of any
certificate of occupancy, nor suffer any dangerous article to be
brought on the demised premises unless safeguarded as required by
law. Moreover, no nuisances, public or private, shall be allowed on
the demised premises nor shall any use be allowed which is a source
of annoyance or embarrassment to Landlord or the other Tenants of
the Shopping Center, or which is deemed by Landlord as not in
keeping with the character of the neighborhood, nor shall the
demised premises be used for any unlawful, immoral or improper
purpose. Without limiting the generality of the foregoing, in no
event shall all or any portion of the demised premises be used as a
so-called "adult bookstore" selling obscene or pornographic books
or magazines, or for the sale of drug paraphernalia or related
items, nor operate in the Demised Premises or in any part of the
Shopping Center any coin or token operated vending machines or
similar device for sale of any merchandise service (including pay
lockers, pay toilets, scales. amusement devices and machines for
the sale of beverages, foods, candy or other commodities) except
that one cigarette vending machine may be installed in the Demised
Premises unless otherwise approved by the Landlord in
writing.
19(d) In addition to, and not in limitation of, the foregoing
subparagraphs of this Article 19 comply with and observe all
restrictive covenants of record (as outlined in Exhibit "E"
attached hereto and hereby made a part hereof) which affect or are
applicable to the Shopping Center and/or the Demised Premises
and/or the common areas, provided the same do not prohibit Tenant's
permitted use of the Demised Premises specified in Section 19
hereof.
SIGNS
20. Tenant shall provide one
(two in specified locations) signboard, sign or signs of such size,
design and character, and in such location(s) only, as Landlord
shall approve in writing in its sole discretion. Tenant hereby
agrees that such sign shall, unless otherwise expressly permitted,
also comply in all respects with the provisions and requirements of
the sign regulations hereinafter adopted from time to time by
Landlord. Tenant shall obtain and pay for all permits and license's
required in connection with such sign and shall be responsible for
the proper installation thereof. It is further understood that all
signs placed by Tenant on the demised premises shall be erected and
maintained in accordance with the County, State and/or other
ordinances in force or effect at the time, and at the sole cost and
expense of Tenant. Tenant agrees to maintain all signs in good
condition and repair at all times to the reasonable satisfaction of
Landlord. Except as expressly permitted by Landlord, no other
signs, lights, lettering or other forms of inscription of
advertising of display devices shall be displayed on the exterior
of the demised premises or on or in immediate proximity to the
inner or outer face of the show windows, entrances, doors or
transoms nor shall the same be displayed in any other location
within the demised premises from which said signs, lights, or other
forms of inscription or advertising or display devices may readily
be seen from outside the demised premises without prior written
approval of Landlord as to size, material, design and neatness
thereof. It is further agreed that Tenant shall not use sidewalks,
parking areas, and alleys for displays, wares, or signs of any
kind. The Landlord shall determine during what hours the Shopping
Center and any signs shall be lit. Any tenant directory provided by
Landlord shall be at the sole cost and expense of
Landlord.
HOURS OF
LIGHTING 21. If
requested by Landlord, Tenant shall keep the display windows in the
demised premises well-lighted from dusk until 10:00 p.m., or such
other reasonable time as determined by Landlord, during each and
every day.
PARKING AND
COMMON
USE AREAS
22. All automobile parking areas, driveways, and other facilities
furnished by Landlord in or near the Shopping Center, including
employee parking areas, the truckway or truckways, loading docks,
package pick-up stations, pedestrian sidewalks and ramps,
landscaped areas, exterior stairways, and other areas and
improvements provided by Landlord for the general use, in common,
of Tenants, their officers, agents, employees, and customers, shall
at all times be subject to the exclusive control and management of
the Landlord, and Landlord shall have the right from time to time
to establish, modify and enforce reasonable rules and regulations
with respect to all facilities and areas, the right to construct,
maintain and operate lighting facilities on all said areas and
improvements, the right to change the area, level, location and
arrangement of parking areas and other facilities hereinabove
referred to, and the right to restrict parking by tenants, their
officers, agents and employees to employee parking areas. Landlord
shall not, however, have any duty to police the traffic in the
parking areas. However, if a parking lot attendant be required as
determined by the Landlord or by ordinance, regulation or law,
Landlord shall provide same. and the cost of such attendant shall
be considered part of the cost of maintenance and operation of
common areas as provided for in Article 44. The Landlord is
obligated to hard surface, stripe and light the parking
areas.
Tenant further agrees that its
employees will not park their cars or other vehicles on the streets
adjacent to the leased premises, or in the space provided for
public use, but will use such space as Landlord shall designate
from time to time as parking space for the use of Tenants and
employees. Landlord may designate spaces provided for public
parking for employee or Tenant parking at specific times. At
Landlord's request, Tenant shall supply Landlord with the names of
all employees assigned to the demised premises, along with the
license number of their respective automobiles or vehicles. In
addition, Tenant agrees to supply Landlord with the license numbers
of all vehicles owned or operated by Tenant.
The parties agree that damages
will accrue from the breach of the covenant relating to parking,
and that the amount of such damage will be difficult to establish,
and that by reason thereof liquidated damages in the amount of
$10.00 per day, per vehicle, parked in violation of said covenant
may be recovered by Landlord from Tenant, following written
notification to Tenant naming the vehicles in violation.
Tenant agrees to prohibit the
loading or unloading of delivery vans, trucks, carts, or vehicles
of any sort by, through, into, or from the front door or doors or
the demised premises after 10:00 a.m., during each seven (7) days
of the week; except that retail customers may load or unload into
or from the front door or
doors of the demised premises purchases made by said retail
customers.
The parties agree that damages
will accrue from the breach of the covenant relating to loading or
unloading of deliveries and that the amount of such damage will be
difficult to establish; that by reason thereof liquidated damages
in the amount $10.00 per day, per vehicle, loaded or unloaded in
violation of said
covenant may be recovered by
Landlord from Tenant, following written notification to Tenant
naming the supplier violating this covenant.
UTILITIES:
GENERAL 23.
Tenant shall, at its sole cost and expense, pay all charges when
due for water, sewer, gas, electricity, heat, air-conditioning and
any other utility or energy charges and taxes incurred by Tenant in
the use of the demised premises.
UTILITIES:
SEPARATE
METER
24(a). Tenant shall pay to Landlord, within 10 days after rendition
of a bill therefor by Landlord of the Charles County Department of
Public Works, or successor, in addition to all other charges
provided herein and as additional rent, a sum equal to the amount
(or Tenant's pro rata share, as reasonably determined by Landlord)
of any water or sewer rent or charge, or any other tax, rent, fee,
levy or charge, imposed in connection with Tenant's use,
consumption of supply of water, or Tenant's water system, or
Tenant's sewerage connection or system.
24(b). If Landlord, in its sole discretion, determines at the
inception of or during the term of this Lease that Tenant is a
heavy water user, then Landlord will install at Tenant's expense, a
submeter for the demised premises. Tenant shall keep such meter and
any installation equipment in good order and repair; repay Landlord
on receipt of a bill for its' installation and Tenant shall pay for
all water consumed as shown on the meter together with the
concomitant sewer charge within ten (10) days after rendition of a
bill therefor.
24(c). The total charges for all Tenants in the Shopping Center
coming within the purview of Article 24(b) shall be deducted from
the charges pertaining to Tenants referred to in Article
24(a).
25. Tenant will keep the premises in a clean, orderly and sanitary
condition and free of insects, rodents, vermin, other pests, trash
and dirt accumulations and shall furnish adequate and proper
receptacles for trash and garbage in location designated by the
Landlord. Landlord shall maintain and keep in good repair the
parking lot, pedestrian walkways and driveways, keeping them clean,
free of snow and ice, orderly, properly lighted and marked.
Landlord will provide garbage and trash collection service for the
demised premises. Tenant shall cooperate with Landlord in the
scheduling of such collection service and Tenant shall not use any
other garbage or trash collection service at the premises. The cost
of any such service shall be included in the Landlord's common area
costs or shall be billed monthly to Tenant, based on the ratio of
the floor area of the demised premises to the aggregate floor area
of all tenants to whom Landlord furnishes such service. Landlord
may at any time change such collection methods, and will give
reasonable notice to Tenant.
KEEP CLEAN
26.
The Tenant agrees to keep the sidewalks abutting the demised
premises in a clean and orderly fashion, and agrees not to use any
space, other than within the walls of the demised premises, for the
sale or storage of merchandise or for service of any
kind.
HOLD
HARMLESS
27. Tenant agrees that it will indemnify and save the Landlord
harmless from any and all liabilities, damages, causes of action,
suits, claims, judgments, costs and expenses of any kind (including
attorneys' fees) (i) relating to or arising from or in connection
with the possession, use, occupation, management, repair,
maintenance or control of the demised premises, or any portion
thereof, or (ii) arising from or in connection with any act or
omission of Tenant or Tenant's agents, employees or invitees, or
(iii) resulting from any default, violation or nonperformance of
this Lease by Tenant, or (iv) resulting in injury to person or
property or loss of life sustained in or about the demised
premises. To assure such indemnity, Tenant shall carry and keep in
full force and effect at all times during the term of this Lease
for the protection of the Land