TITLE OF LANDLORD. Landlord covenants that, as of the date of this Lease, there are no liens upon its estate other than (a) covenants, conditions, restrictions, easements, ground leases, mortgages or deeds of trust (collectively, "Agreements"); (b) liens and encumbrances which do not prevent Tenant from using the Premises as permitted by this Lease; (c) the effect of any zoning laws of the city, county and state where the Shopping Center is situated, and (d) general and special taxes not delinquent. Tenant agrees that (i) as to its leasehold estate, it and all persons in possession or holding under it will conform to and will not violate the terms of the Agreements or any matters of record, and (ii) this Lease is subordinate to the Agreements and any amendments or modifications thereto; provided, however, if the Agreements are not of record as of the date of this Lease, then this Lease shall automatically become subordinate to the Agreements upon recordation so long as the Agreements do not prevent Tenant from using the Premises for the use set forth in Section 1.14. Tenant further agrees to execute and return to Landlord, within ten (10) days of written demand by Landlord, an agreement in recordable form subordinating this Lease to the Agreements.
TITLE OF LANDLORD. Landlord covenants that as of the date hereof there are no liens upon its estate other than (a) the effect of covenants, conditions, restrictions, easements, mortgages or deeds of trust, ground leases, rights of way, and any other matters or documents of record (hereinafter referred to as the “agreements”); (b) the effect of any zoning law s of the City, County and State where the Property is situated; and (c) general and special taxes not delinquent, Tenant agrees; (i) that as to its leasehold estate it, and all persons in possession or holding under it, will conform to and will not violate the terms of the aforementioned Agreement or said matters of record; and (ii) that this Lease is and shall be subordinate to the Agreement and any amendments or modifications thereto, and Tenant further agrees, at the option of Landlord, to execute and return to Landlord within ten (10) days after written demand therefore by Landlord, an agreement in the form provided by Landlord with said written notice subordinating this Lease to the Agreements
TITLE OF LANDLORD. 20 29 MISCELLANEOUS ........................................................................ 21 EXHIBITS A LEGAL DESCRIPTION OF CENTER B SITE PLAN C CONSTRUCTION OF IMPROVEMENTS C-l SCHEDULE FOR LANDLORD'S WORK D GUARANTEE OF LEASE E STATEMENT OF TENANT F SIGN CRITERIA G ACCEPTANCE OF PREMISES LETTER H PERMITTED USES THE SUBMISSION OF THIS DOCUMENT FOR EXAMINATION AND NEGOTIATION DOES NOT CONSTITUTE AN OFFER TO LEASE, A RESERVATION OF, OR OPTION FOR, THE PREMISES; THIS DOCUMENT BECOMES EFFECTIVE AND BINDING ONLY UPON EXECUTION AND DELIVERY HEREOF BY LANDLORD. NO ACT OR OMISSION OF ANY EMPLOYEE OR AGENT OF LANDLORD OR OF LANDLORD'S BROKER SHALL ALTER, CHANGE OR MODIFY ANY OF THE PROVISIONS HEREOF. INDUSTRIAL BUILDING LEASE THIS BUILDING LEASE ("Lease") is dated September 1, 1990 ("Effective Date"), and entered into by and between Pacesetter Business Properties, a California corporation ("Landlord"), and Unit Instruments, a California corporation ("Tenant"). In consideration of the rents and covenants hereinafter set forth, Landlord hereby leases to Tenant, and Tenant hereby rents from Landlord, the following described demised premises, upon the following terms and conditions:
TITLE OF LANDLORD. Landlord's estate in the Shopping Center and Tenant's leasehold estate in the Premises is subject to the liens or restrictions of (a) any matters or documents of record (the "Matters of Record"), including the effect of any covenants, conditions, restrictions, easements, mortgages or deeds of trust, ground leases, rights of way or any construction, operation and reciprocal easement agreement (the "REA"); and (b) the effect of any zoning laws of the City, County and State where the Shopping Center is located. Tenant agrees that (i) Tenant and all persons in possession of Tenant's leasehold estate or holding under Tenant will conform to and will not violate the terms of any REA or any other Matters of Record, and (ii) this Lease is subordinate to the REA, if any, and any amendments or modifications thereto. If the REA, if any, is not of record as of the date of this Lease, then this Lease shall automatically become subordinate to the REA upon recordation of the REA. Tenant agrees to execute and return to Landlord within 10 days after written demand therefor by Landlord, an agreement in recordable form satisfactory to Landlord subordinating this Lease to the REA. Any REA shall not prevent Tenant from using the Premises for the purposes set forth in Tenant's Use Clause.
TITLE OF LANDLORD. This Lease is made subject to all matters of record, now or hereafter existing as such documents have been heretofore or may hereafter be supplemented, implemented, modified, replaced or amended, it being understood that none of the aforementioned documents shall prevent Tenant from using the Premises for the purpose set forth in Section 1.9. Tenant agrees that, as to its leasehold estate, it and all persons in possession or holding under it will conform to and not contravene the provisions of said matters and, within ten (10) days after request therefor, shall execute and return to Landlord documents in recordable form subordinating this Lease to any matter now or hereafter of record.
TITLE OF LANDLORD. Landlord expressly covenants and agrees that as of the Commencement Date of the Term of this Lease, it will be the owner of the fee simple title to the Land and Building and other improvements subject to the Permitted Exceptions and to the Underlying Mortgages and documents related thereto, if any, and subject to any liens, encumbrances or restrictions arising from or existing, prior or during Tenant’s previous ownership of the Leased Premises. Landlord further covenants that Tenant, on paying the Rent when due hereunder and observing and timely performing all other terms and conditions contained in this Lease, shall have quiet and peaceful possession of the Leased Premises for the full Term, or extensions thereof subject to the provisions of this Lease and the Permitted Exceptions.
TITLE OF LANDLORD. Landlord covenants that, as of the Lease Date, there are no liens upon its estate other than the (a) Agreements (as defined in Section 17.1); (b) the effect of any zoning laws of the city, county and state where the Premises are situated, (c) general and special taxes not delinquent, and (d) such other items as were approved by Tenant under the DDA. Tenant agrees that (i) as to its leasehold estate, it, and all persons in possession or holding under it, will comply with the terms of the Agreements and any matters of record; and (ii) this Lease is subordinate to the Agreements, including amendments and modifications; provided, however, if the Agreements are not of record as of the Lease, then this Lease shall automatically become subordinate to the Agreements upon recordation so long as any such Agreement not of record as of the Lease Date do not (i) adversely affect Tenant’s use of or access to the Premises for the Permitted Uses, or (ii) otherwise diminish the rights of Tenant or increase the obligations of Tenant under this Lease. Tenant agrees to execute and deliver to Landlord, within 10 days of written demand, a commercially reasonable agreement in recordable form subordinating this Lease to the Agreements.
TITLE OF LANDLORD. Landlord’s estate in the Shopping Center and Tenant’s leasehold estate in the Premises is subject to the liens or restrictions of (a) any matters or documents of record (the “Matters of Record”), including but not limited to the effect of any covenants, conditions, restrictions, casements, mortgages or deeds of trust, ground leases, rights of way or any construction, operation and reciprocal easement agreement (the “REA”); and (b) the effect of any zoning laws of the City, County and State where the Shopping Center is located. Tenant agrees that (i) Tenant and all persons in possession of Tenant’s leasehold estate or holding under Tenant will conform to and will not violate the terms of any REA or any other Matters of Record, and (ii) this Lease is subordinate to the REA, if any, and any amendments or modifications thereto. If the REA, if any, is not of record as of the date of this Lease, then this Lease shall automatically become subordinate to the REA upon recordation of the REA. Tenant agrees to execute and return to Landlord within ten (10) days after written demand therefor by Landlord, an agreement in recordable form satisfactory to Landlord subordinating this Lease to the REA. Any REA shall not prevent Tenant from using the Premises for the purposes set forth herein.
TITLE OF LANDLORD. Landlord expressly covenants and agrees that as of the Commencement Date of the Term of this Lease, it will be the owner of the fee simple title to the Land and Building and other improvements subject to the Covenant Documents as set forth on the attached Exhibit B and to the Underlying Mortgages and documents related thereto, if any, and subject to any liens, encumbrances or restrictions arising from or existing during Tenant's prior ownership of the Leased Premises. Landlord further covenants that Tenant, on paying the monthly rental and observing and performing all other terms and conditions contained in this Lease, shall have quiet and peaceful possession of the Leased Premises for the full Term, or extensions thereof subject to the provisions of this Lease.
TITLE OF LANDLORD. The Landlord covenants that as of the date hereof there are no liens upon its estate other than (a) the effect of covenants, conditions restrictions, easements, mortgages or deeds of trust, any rights of way of record, and any other matters or documents or record, (b) the effect of any zoning laws of Jefferson County and the State of Colorado, and (c) general and special taxes not delinquent. Tenant agrees that as to its leasehold estate it, and all persons in possession or holding under it, will conform to and will not violate the terms of any of said documents.
