Employees of Lessor. Upon receipt of notice from the executor of the Lessee’s estate, or a partner designated by the Lessee on a form maintained by CLT (the “Designated Partner”), given within ninety (90) days of Lessee’s death, Upon the death of a Lessee that purchased the Residential Unit as an Employee of Lessor, CLT shall consent to a transfer of the Residential Unit and an assumption of this Lease to and by the surviving Family MemberDesignated Person of the deceased lessee who resides in the Unit so long as they have lived in the unit for at least one year. The Any such surviving Family MemberDesignated Person shall execute all documentation required by CLT for transfers of the Residential Unit and shall abide by all the provisions of this Lease, including without limitation the restrictions of this Article X; provided, however, that compliance with Section 5.1(a) shall only be a requirement if the deceased Lessee was an Employee of Lessor.provided, however, the requirement that if the deceased Xxxxxx was an Employee of Lessor, the surviving Family Member must comply with Section 5.1(a) of this Ground Lease. If the surviving Family MemberDesignated Person does not comply with Section 5.1(a) of this Ground Lease, the surviving Family MemberDesignated Person shall be granted a one year grace period from CLT commencing upon the date of receipt of notice of Xxxxxx’s death. At the expiration of the one year grace period, the surviving Family MemberDesignated Person shall provide to CLT an Intent to Sell Notice notifying CLT of the obligation of the surviving Family MemberDesignated Person to sell the Residential Unit (this shall be a “Transfer Event”). Any other person who inherits the Residential Unit from the Lessee that purchased the Residential Unit as an Employee of Lessor, or who otherwise receives ownership of the Residential Unit (e.g., through a divorce settlement, or through a will), must demonstrate to CLT’s reasonable satisfaction that they comply with Section 5.1(a) of this Ground Lease. If such person is unable to do so, then such person shall not be entitled to possession of the Leased Land, this Lease shall terminate, and such person shall sell the Residential Unit for no more than the Maximum Resale Price (this shall be a ”Transfer Event”).
Employees of Lessor. LESSEE agrees not to offer or have offered employment to any employees, or to employ any employees of the LESSOR during the LESSEE’s stay within the PREMISES or for a period of six (6) months following the termination of this Sub-Lease. LESSOR and LESSEE agree that the damages to LESSOR that would result from a breach of this provision by LESSEE cannot reasonably be determined at the time of entering into this Sub-Lease and, therefore, that LESSOR shall be entitled to payment of the sum of Ten Thousand Dollars ($10,000.00) from LESSEE as liquidated damages, in accordance with the provisions of the California Civil Code, with respect to each such breach. It is also agreed that LESSOR shall be entitled to injunctive relief against LESSEE in the event of any such breach or allegation thereof, including an ex parte application and issuance of injunction.
Employees of Lessor. LESSEE agrees not to employ any employees of the LESSOR during the LESSEE's stay within the PREMISES or for period of six (6) months following the termination of this Lease. Because of the difficulty of ascertaining the exact damages, there shall be payable to the LESSOR the sum of $10,000.00 (ten thousand dollars) liquidated damages for each such breach.
Employees of Lessor. Every right, exemption from liability, defense ------------------- and immunity of whatsoever nature applicable to the Lessor or to which it is entitled shall extend to protect every employee of the Lessor acting in the course of, or in connection with, this Lease.
