EXHIBIT 10.5
MASTER LEASE
AGREEMENT
between
FPA GOVERNOR PARK ASSOCIATES,
LLC,
as Landlord,
and
TRINITY PROPERTY CONSULTANTS,
LLC,
as Tenant
TABLE OF
CONTENTS
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PAGE
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1
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BASIC LEASE
INFORMATION AND DEFINED TERMS
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4
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Section 1.1
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Basic Lease
Information
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4
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Section
1.2
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Defined
Terms
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7
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2
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OCCUPANCY AND
USE
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7
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Section
2.1
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Premises and
Term
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7
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Section
2.2
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Leasehold
Improvements
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7
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Section
2.3
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Use
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8
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Section
2.4
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Atrium
Space
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8
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Section
2.5
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Peaceful
Enjoyment
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8
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3
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RENT
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9
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Section
3.1
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Rental
Payments
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9
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Section
3.2
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Interest/Late
Charge
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9
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Section
3.3
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Consecutive
Late Payments
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10
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Section
3.4
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Security
Deposit
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10
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4
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Reserved.
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5
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ALTERATIONS,
REPAIRS AND TRADE FIXTURES
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11
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Section
5.1
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Alterations,
Improvements and Additions
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11
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Section
5.2
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Maintenance and
Repairs
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13
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Section
5.3
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Trade
Fixtures
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13
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Section
5.4
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Surrender of
Premises
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13
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6
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RIGHTS RESERVED
BY LANDLORD
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14
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Section
6.1
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Landlord’s Access
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14
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Section
6.2
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Assignment,
Subletting, or Other Transfers by Tenant
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14
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Section 6.3
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Assignment by
Landlord
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15
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Section
6.4
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Alterations and
Additions by Landlord
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15
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Section
6.5
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Subordination
to Mortgages and Leases
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16
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Section
6.6
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Certificates
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16
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Section
6.7
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Building
Rules
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17
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7
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CONDEMNATION
AND CASUALTY
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17
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Section
7.1
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Condemnation
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17
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Section
7.2
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Casualty
Damage
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18
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Section
7.3
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Insurance
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18
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Section
7.4
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Indemnity
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20
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Section
7.5
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Damages from
Certain Causes
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20
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8
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DEFAULT AND
REMEDIES
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20
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Section
8.1
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Default by
Tenant
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20
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Section
8.2
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Landlord’s Remedies
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22
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Section
8.3
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Attorney’s Fees and Other Expenses of
Enforcement
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23
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Section
8.4
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Default by
Landlord
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26
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9
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MISCELLANEOUS
PROVISIONS
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23
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Section
9.1
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Amendments
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23
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Section
9.2
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Non-Waiver
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24
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Section
9.3
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Holding
Over
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24
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Section
9.4
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Notices
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24
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Section
9.5
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Independent
Obligations
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25
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Section
9.6
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Survival
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25
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Section
9.7
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Other Tenants
of Building
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25
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Section
9.8
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Name of
Building and Project
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25
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Section
9.9
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Consent by
Landlord
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26
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Section 9.10
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Legal
Interpretation
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26
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Section
9.11
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Entire
Agreement
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27
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Section
9.12
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Tenant’s
Authority
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27
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Section
9.13
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Taxes on
Tenant’s Property
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29
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Section
9.14
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Landlord’s Liability
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27
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Section
9.15
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Time of the
Essence
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27
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Section
9.16
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Instruments and
Evidence Required to be Submitted to Landlord
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28
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ii
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Section 9.17
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Counterparts
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28
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Section
9.18
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Recordation
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28
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Section
9.19
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Effective
Date
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28
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Section
9.20
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Successors and
Assigns
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28
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Section
9.21
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Joint and
Several Liability
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28
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Section
9.22
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Exhibits
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29
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iii
MASTER LEASE
AGREEMENT
THIS MASTER LEASE
AGREEMENT (“Lease”) is made and entered into
as of the 20th day of December, 2008, by and between FPA GOVERNOR
PARK ASSOCIATES, LLC, a Delaware limited liability company
(“Landlord”), whose address is 4665 MacArthur Court,
Suite 200, Newport Beach, CA 92660 and TRINITY PROPERTY
CONSULTANTS, LLC, a California limited liability company
(“Tenant”), whose address is 4665 MacArthur Court,
Suite 200, Newport Beach, CA 92660.
ARTICLE 1
BASIC LEASE INFORMATION AND
DEFINED TERMS
Section 1.1 Basic Lease
Information .
(a) Base Rent.
Base Rent shall mean the
following:
(i) Until the second anniversary of
the Commencement Date, Base Rent shall mean Eighteen Thousand Seven
Hundred Fifty Dollars ($18,750.00) per calendar month (the
“Initial Base Rent”); and then
(ii) From the second
anniversary of the Commencement Date through the end of the Lease
Term (the “3 rd /4 th Year Base Rent”), Base
Rent shall be based on a formula as follows: Base Rent will be an
amount each month which, together with the monthly base rent and
other charges actually collected pursuant to leases with Space
Tenants of the space then occupied by Space Tenants in the
Premises, shall equal (i) the amount necessary to achieve a
Debt Service Coverage Ratio of 1.30; plus (ii) an amount
necessary to pay on a monthly basis the Unpaid Shortfall
Contribution Return, as defined in Section 11.89 of the
Limited Liability Company Agreement of Landlord’s sole
member, FPA/PRIP Governor Park, LLC dated December 19, 2008,
provided, however, in no event will the 3 rd /4 th Year Base Rent be less than
Eighteen Thousand Seven Hundred Fifty Dollars ($18,750) per
calendar month. The calculation of 3 rd /4 th Year Base Rent will be
circulated to Tenant on the date which is seventy five
(75) days prior to the second anniversary of the Commencement
Date. As used in this Section 1.1(a)(i), the term “Debt
Service Coverage Ratio” shall have the
4
meaning ascribed to it in that certain
Promissory Note Secured by Deed of Trust, dated December 19,
2008, from Landlord to MIREF Governor Finance, LLC in the original
principal amount of $11,440,000.00, and which is secured by a deed
of trust encumbering the Premises.
(b) Reserved.
(c) Buildings
shall mean the office buildings
located at 6310 Greenwich Drive, and 5060 Shoreham Place, San
Diego, California located on the Land.
(d) Building
Rules shall mean all
rules and regulations adopted or modified by Landlord from time to
time for the safety, care, cleanliness, and reputation of the
Building and for the preservation of good order in the Building.
The current Building Rules are attached at Exhibit
“B.”
(e) Commencement
Date shall mean
December 20, 2008.
(f) Common
Areas shall mean
those areas within the Project devoted to corridors, elevator
foyers, restrooms, lobby areas, meeting rooms, and other similar
facilities provided for the common use or benefit of tenants
generally.
(g) Insurance
Costs shall mean all
costs incurred by Landlord in obtaining insurance on the Project,
including property, liability, and casualty insurance on the
Building, but excluding all insurance costs which Tenant is
required to provide under Section 7.3 below.
(h) Land
shall mean the tracts of real
property which is described in Exhibit “A” to
this Lease.
(i) Lease Term
shall mean a term commencing on the
Commencement Date and continuing for forty-eight (48) months
thereafter.
(j) Other
Improvements shall
mean parking areas, parking garages, plaza areas and other similar
areas related to the buildings located on the Land.
(k) Permitted
Use shall mean the
use of the Premises for (i) general office purposes, and
(ii) uses which are incidental and related thereto.
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(l) Premises
shall mean all vacant office space
within the Buildings, whether now vacant or becoming vacant in the
future.
(m) Project
shall mean, collectively, the
Buildings, the Land and the Other Improvements.
(n) Qualifying
Tenants shall mean
the Space Tenants and all other tenants (other than Tenant) leasing
space in the Buildings pursuant to leases entered into with
Landlord after the Commencement Date.
(o) Rent
shall mean, collectively, the Base
Rent; including Insurance Costs and Taxes, assessments, and charges
of any kind payable by the Tenant with respect to the Premises.
Taxes shall be paid pursuant to Section 1.1(r) below. Rent and
Insurance Costs shall be paid in advance in equal monthly
installments on the first day of each month during the Term without
any deduction, notice or demand.
(p) Reserved.
(q) Security
Deposit shall mean
-0- Dollars ($-0-).
(q) Service
Areas shall mean
those areas within the outside walls of the Buildings which are
used for mechanical rooms, stairs, elevator shafts, flues, vents,
stacks, pipe shafts, risers, raceways, and vertical penetrations
(but shall not include any such areas for the exclusive use of a
particular tenant).
(r) Space
Leases shall mean all
leases, whether now existing or hereafter entered into, between all
tenants (other than Tenant) and Landlord for the lease of space in
the Buildings.
(s) Space
Tenants shall mean
all tenants (other than Tenant), now or hereafter leasing space in
the Buildings pursuant to leases entered into with
Landlord.
(t) Taxes
shall mean all taxes and assessments
and governmental charges, whether federal, state, county or
municipal, and whether levied or assessed by taxing districts or
authorities presently taxing the Premises or the Project or any
part of either, or by others, subsequently created or otherwise,
and any other taxes and assessments attributable to the Project or
its operation together with any costs incurred by Landlord
(including attorneys’ fees and costs of investigation)
relative to any negotiation, contest, or
6
appeal pursued by Landlord to reduce or prevent
an increase in any portion of the Taxes, regardless of whether any
reduction or limitation is obtained. Tenant shall pay all Taxes to
the Landlord, or directly to the taxing authority, if so instructed
by Landlord, at least ten days before they become delinquent,
whether assessed to or payable by the Landlord or the
Tenant.
1.2 Defined Terms
. Each of the terms
defined in Section 1.1 will be used as defined terms in this
Lease (including the Exhibits to this Lease). In addition, other
terms are defined in various sections of this Lease. All words
which are used as defined terms in this Lease are delineated with
initial capital letters and, when delineated with initial capital
letters, shall have the meaning specified in the applicable
provision of this Lease in which such term is defined.
ARTICLE 2
OCCUPANCY AND
USE
Section 2.1 Premises and
Term . In
consideration for the obligation of Tenant to pay Rent and subject
to and upon the terms and conditions stated in this Lease, Landlord
leases to Tenant, and Tenant leases from Landlord, the Premises,
the Common Areas and the Other Improvements for the Lease Term.
Tenant shall use commercially reasonable efforts to cause all
currently unoccupied, vacant portions of the Premises to be leased
in the name of Landlord and Landlord shall refer all inquiries with
respect to leasing of space within the Premises to Tenant;
provided, however, that Tenant shall not have the right to execute
any lease on behalf of Landlord or otherwise to bind Landlord.
Notwithstanding any provision of this Lease to the contrary, Tenant
agrees that it shall not have the right to physically occupy any
portion of the Premises, except that Tenant may use any portion of
the Premises not under a Space Lease to a Space Tenant as a
management office for the Premises. All Space Leases with Space
Tenants shall be leases between Landlord and Space Tenant, and all
rents, income and other charges thereunder shall be paid to
Landlord and Tenant shall have no right or interest therein.
Immediately upon execution of a Space Lease between Landlord and a
Space Tenant, the premises covered by such Space Lease will be
removed from the Premises and shall no longer be subject to this
Lease, until such time as such Space Lease expires and has not been
renewed or is terminated and the space covered by such Space Lease
once again becomes vacant.
Section 2.2 Leasehold
Improvements . The
Premises shall be delivered to Tenant in an “as is”
condition. Tenant has made a complete examination and inspection of
the Premises and accepts the same in its current condition,
“as is” and without recourse to Landlord. Landlord
shall have no obligation to provide any leasehold improvements to
the Premises or to repair, decorate, or paint
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the Premises. Landlord has made no
representations or warranties to Tenant with respect to the
condition of the Premises, the Buildings, or the Project.
Tenant’s occupancy of the Premises shall be deemed an
acknowledgment by Tenant that the Premises are suitable for
Tenant’s intended use, and Landlord expressly disclaims any
warranty that the Premises are suitable for Tenant’s intended
use. Landlord does not make any warranties, express or implied,
with respect to the Premises, the Building, or the Project. All
implied warranties (including those of habitability,
merchantability, or fitness for a particular purpose) are expressly
negated and waived.
Section 2.3 Use
. The Premises may be
used only for the Permitted Use specified in Section 1.1(k)
and for no other purposes without the prior written consent of
Landlord. Tenant’s use of the Premises shall be in compliance
with the Building Rules and with all applicable Legal Requirements
and Insurance Requirements. Tenant shall not, even if technically
within the Permitted Use, use the Premises for any purpose which is
dangerous to person or property, which creates a nuisance, which
would violate the Building Rules, or which would violate any
applicable Legal Requirement or Insurance Requirement. Tenant shall
comply with, and shall cause any Tenant Related Parties to comply
with, all Building Rules and all Legal Requirements and Insurance
Requirements relating to the use, condition, or occupancy of the
Premises. “Insurance Requirements” shall mean
all terms of any insurance policy obtained by Landlord or Tenant
covering or applicable to the Premises or the Project; all
requirements for the issuing of each such insurance policy; and all
orders, rules, regulations, and other requirements of the National
Board of Fire Underwriters (or any other bodies exercising any
similar functions) which are applicable to or affect the Premises,
the Building, or the Project or any use or condition of the
Premises, the Building, or the Project. “Legal
Requirements” shall mean all laws, statutes, codes, acts,
ordinances, orders, judgments, decrees, injunctions, rules,
regulations, permits, licenses, authorizations, and requirements of
all governmental authorities, foreseen or unforeseen, which now or
at any time hereafter may be applicable to the Premises, the
Buildings, or the Project, including (a) the Americans with
Disabilities Act, (b) all federal, state, and local laws,
regulations, and ordinances pertaining to air and water quality,
hazardous materials, waste disposal, and other environmental
matters; and (c) all laws, codes, and regulations pertaining
to zoning, land use, health, or safety. “Tenant Related
Parties” shall mean Tenant’s officers, partners,
employees, agents, contractors, licensees, concessionaires,
customers, and invitees.
Section 2.4 Reserved
.
Section 2.5 Peaceful
Enjoyment . Tenant
may peacefully occupy the Premises for the Permitted Use during the
Lease Term subject to the terms and provisions of this Lease and
provided that Tenant pays the Rent and performs all of
Tenant’s covenants and agreements contained in this
Lease.
8
ARTICLE 3
RENT
Section 3.1 Rental
Payments . Tenant
shall pay Rent to Landlord for each month during the Lease Term as
provided in this Lease. Rent shall be due and payable in advance on
the first (1st) day of each month during the Lease Term. If
the Commencement Date is a date other than the first (1st) day
of a calendar month, the Rent for the portion of the calendar month
in which the Commencement Date occurs shall be due and payable on
the Commencement Date; and the Rent for such partial month shall be
prorated based upon the number of days from the Commencement Date
to the end of that calendar month. Rent for any partial month at
the end of the Lease Term shall be prorated based upon the number
of days from the beginning of that month to the end of the Lease
Term. Rent shall be payable at the address for Landlord designated
in the first (1st) paragraph of this Lease (or at such other
address as may be designated by Landlord from time to time). Tenant
shall pay all Rent under this Lease at the times and in the manner
provided in this Lease, without abatement, notice, demand,
counterclaim, or set-off. Any charges or other sums payable by
Tenant to Landlord under the terms of this Lease shall be
considered as additional Rent. No payment by Tenant or receipt by
Landlord of a lesser amount than the total amount of Rent then due
shall be deemed to be other than on account of the earliest past
due installment of Rent required to be paid under this Lease. No
endorsement or statement on any check or in any letter accompanying
any check or payment of Rent shall ever be deemed an accord and
satisfaction, and Landlord may accept such check or payment without
prejudice to Landlord’s right to recover the balance of the
Rent then due or to pursue any other remedy available under this
Lease, at law, or in equity.
Section 3.2 Interest/Late
Charge . In the event
that Tenant fails to pay any monthly Rent installment within five
(5) days after the date on which any such Rent installment
becomes due and payable, then (a) Tenant shall also be
obligated to pay interest on such past due amounts at a rate equal
to the lesser of ten percent (10%) per annum or the highest
rate of interest permitted by applicable law and (b) Tenant
shall pay a late charge in the amount of four percent (4%) of
the amount of such past due Rent installment, as additional Rent
under this Lease. Should Tenant make a partial payment of past due
amounts, the amount of such partial payment shall be applied first
to reduce all accrued and unpaid interest and late charges, in
inverse order of their maturity, and then to reduce all other past
due amounts, in the inverse order of their maturity. Tenant’s
failure to pay any installment of Rent when due may cause Landlord
to incur anticipated costs (including processing and accounting
costs), and the exact amount of these costs is extremely
9
difficult to ascertain. Therefore, the late
charges permitted under this Section 3.2 shall be liquidated
damages for those costs and shall be in addition to and shall be
cumulative of any other rights and remedies which Landlord may have
under this Lease with regard to the failure of Tenant to make any
payment of Rent or any other sum due under this Lease.
Section 3.3 Consecutive
Late Payments . If
Tenant fails in two (2) consecutive months to make Rent
payments within five (5) days after the date when due,
Landlord may require that future Rent payments be paid quarterly in
advance instead of monthly and/or that all future Rent payments be
made on or before the due date by cash, cashier’s check, or
money order or ACH (in which event, the delivery of Tenant’s
personal or corporate check will no longer constitute a payment of
Rent under this Lease). The election by Landlord to exercise either
or both of the foregoing remedies shall be made by written notice
to Tenant and shall be in addition to any interest and late charges
accruing under Section 3.2, as well as any other rights and
remedies accruing as a result of such default. Any acceptance of a
monthly Rent payment in the form of a personal or corporate check
by Landlord thereafter shall not be construed as a subsequent
waiver of these rights.
Section 3.4 Security
Deposit . Tenant
shall pay the Security Deposit to Landlord on the date this Lease
is executed by Tenant in cash or in such other manner acceptable to
Landlord. Tenant hereby grants to Landlord a security interest in
the Security Deposit. Landlord shall have, and Landlord expressly
retains and reserves, all rights of setoff, recoupment, and similar
remedies available to Landlord under applicable laws or in equity.
Landlord may commingle the Security Deposit with its other funds
and shall receive and hold the Security Deposit without liability
for interest. Upon default by Tenant, Landlord may from time to
time, and without prejudice to any other remedy, use the Security
Deposit to the extent necessary to make good any arrears of Rent or
other sums then due from Tenant to Landlord or to pay the cost of
any damage, injury, expense, or liability caused by any default by
Tenant under this Lease. After any such application of any portion
of the Security Deposit, Tenant shall pay to Landlord, immediately
upon demand, the amount so applied so as to restore the Security
Deposit to its original amount; and such amount shall then be
deemed to be part of the Security Deposit. Tenant’s failure
to restore the Security Deposit may, at Landlord’s sole
option, constitute a default under this Lease. If Tenant is not in
default under this Lease and after application of the Security
Deposit to the repair of any damage or injury to the Project caused
by Tenant or by any Tenant Related Party, any remaining balance of
the Security Deposit held by Landlord shall be returned by Landlord
to Tenant within a reasonable period of time after the expiration
or termination of this Lease. The Security Deposit shall not be
considered an advance payment of rental or a measure of
Landlord’s damages resulting from a default by
Tenant.
10
ARTICLE 4
RESERVED
ARTICLE 5
ALTERATIONS, REPAIRS AND TRADE
FIXTURES
Section 5.1 Alterations,
Improvements and Additions.
(a) Tenant’s obligations to provide leasehold
improvements within the Premises shall include partitions, lighting
fixtures, floor and wall coverings, and other interior decoration
and shall be of a design and quality consistent with the standards
generally observed by Landlord and other tenants of the
Building.
(b) All work to be done to improve, equip, or alter
the Premises and any work in any other areas of the Project for
which Tenant is responsible shall be subject to the following
conditions:
(i) all such work shall be done at
Tenant’s sole cost, risk, and expense and in accordance with
all Legal Requirements, Insurance Requirements, Building Rules, and
construction guidelines and standards of Landlord;
(ii) all such work shall be
performed in a good and workmanlike manner with labor and materials
of such quality as Landlord may reasonably require;
(iii) no such work shall be
commenced until approved in writing by Landlord;
(iv) all such work shall be
performed in strict accordance with the plans and/or specifications
previously approved by Landlord;
(v) all such work shall be
prosecuted diligently and continuously to completion;
(vi) all such work shall be
performed in a manner so as to minimize interference with the
normal business operations of other tenants in the Building; the
performance of Landlord’s obligations under this Lease, any
other lease for space in the Building, or any Financing Lien or
Ground Lease covering or affecting all or any part of the Project;
and any work being done in any other portion of the
Project;
(vii) Landlord may impose such
conditions with respect to such work as Landlord deems appropriate,
including, without limitation, (A) requiring Tenant to furnish
Landlord with security for the payment of all costs to be incurred
in connection with such work and (B) requiring Tenant or
Tenant’s contractor to maintain insurance against liabilities
which may arise out of such work;
11
(viii) such work shall be performed
by contractors approved in writing by Landlord and, if requested by
Landlord, any such contractor and all work to be performed by such
contractor shall be fully bonded (with Landlord named as
co-obligee) with companies and in amounts acceptable to Landlord in
its sole discretion; and
(ix) upon completion of any such
work and upon Landlord’s request, Tenant shall deliver to
Landlord evidence of payment, contractors’ affidavits, and
full and final waivers of all liens for labor, services, or
material.
(c) No alterations, improvements, or additions
(including lighting fixtures, track lighting tracks, track lighting
cans, and light bulbs) made to the Premises by or on behalf of
either Landlord or Tenant may be removed by Tenant without
Landlord’s prior written consent. All such alterations,
improvements, or additions shall become the property of Landlord
upon the termination or expiration of this Lease. Tenant shall have
no (and hereby waives all) rights to payment or compensation for
any such alteration, improvement, or addition to the
Premises.
(d) Tenant shall not allow any liens to be filed
against the Premises or the Project in connection with the
installation of any alterations, improvements, or additions to the
Premises. If any such liens shall be filed, Tenant shall cause the
same to be released immediately by payment, bonding, or other
method acceptable to Landlord. If Tenant shall fail to cancel or
remove any lien, then Landlord, at its sole option, may obtain the
release of that lien; and Tenant shall pay to Landlord, on demand,
the amount incurred by Landlord for the release of each lien, plus
an additional charge (as determined by Landlord) to cover
Landlord’s administrative overhead and expenses.
(e) Tenant hereby indemnifies and holds Landlord
harmless from all losses, costs, damages, claims, expenses
(including attorneys’ fees and costs of suit), liabilities,
or causes of action arising out of or relating to any alterations,
additions, or improvements that Tenant makes or causes to be made
to the Premises or to any repairs made to any portion of the
Project, including any occasioned by the filing of any
mechanic’s, materialman’s, construction, or other liens
or claims (and all costs or expenses associated with any such lien
or claim) asserted, filed, or arising out of such work. Nothing
contained in this Lease shall be deemed or construed in any way as
constituting the consent of or request by Landlord, express or
implied, to any contractor, subcontractor, laborer, or
12
materialman for the performance of any labor or
the furnishing of any materials for the improvement, alteration, or
repair of the Premises or the Project or as giving Tenant any right
or authority to contract for or permit the rendering of any labor
or the furnishing of any materials that would give rise to a lien
against the Premises or the Project.
(f) Tenant shall have the sole responsibility for
compliance with all applicable Legal Requirements and Insurance
Requirements relative to any such alterations, improvements, or
additions. Landlord’s approval of any plans or specifications
shall never constitute an indication, representation, or
certification that such alterations, improvements, or additions
will be in compliance with any applicable Legal Requirement or
Insurance Requirement or as to the adequacy or sufficiency of the
alterations, improvements, or additions to which such consent
relates. In instances in which several sets of requirements must be
met, the strictest applicable requirements shall
control.
Section 5.2 Maintenance
and Repairs . Tenant
shall take good care of and maintain the Premises (including all
plate glass, Trade Fixtures, and improvements, additions, or
alterations situated in the Premises) in a first class, clean, and
safe condition. Tenant shall not commit or allow any waste or
damage to be committed on any portion of the Premises or the
Project. Tenant shall repair or replace any damage to any part of
the Project, caused by Tenant or by a Tenant Related Party.
However, Landlord may, at its option, make such repairs,
improvements, or replacements; and Tenant shall repay Landlord on
demand the actual costs incurred by Landlord to make such repairs,
improvements, or replacements plus an additional charge (as
determined by Landlord) to cover administrative overhead. Tenant
shall arrange for the repair and maintenance of the foundation,
exterior walls, and roof of the Buildings; the public areas within
the Buildings; the heating, air conditioning, and ventilation
system within the Buildings; and the facilities providing utility
services which are located within the Project (collectively,
“Tenant’s Repair Obligations”
).
Section 5.3 Reserved
.
Section 5.4 Surrender of
Premises . Upon the
expiration or termination of this Lease, Tenant shall surrender the
Premises to Landlord, broom-clean and in a good state of repair and
condition, excepting only ordinary wear and tear. Upon the
expiration or termination of this Lease, Tenant will deliver all
keys to the Premises to Landlord and inform Landlord of all
combinations on locks, safes, and vaults, if any, which remain in
the Premises.
13
ARTICLE 6
RIGHTS RESERVED BY
LANDLORD
Section 6.1
Landlord’s Access . Landlord (and its agents, representatives, and
contractors) shall have the right to enter upon the Premises at any
reasonable time (and, in the case of an emergency, at any time) to
(a) inspect the Premises; (b) make repairs, alterations,
or additions; and (c) show the Premises to prospective
tenants, subtenants, mortgagees, and purchasers as Landlord may
deem necessary or desirable. No such entry shall ever be construed
to be an eviction of Tenant, a default by Landlord, or a breach of
the covenant of quiet enjoyment. In exercising its rights under
this Section 6.1, Landlord shall use reasonable efforts to
avoid (to the extent reasonable and practicable under the
circumstances) material interferen