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CONSENT TO ASSIGNMENT
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This Consent is effective as of December 28, 1995.
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RECITALS
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1. Allstate Life Insurance Company ("Allstate"), successor by deed in lieu
of foreclosure to Chamanbell Limited Partnership, and ASA Legal Systems Company,
Inc. ("Tenant") previously entered into that certain Lease ("Lease") dated
December 16, 1992, wherein Tenant leased from Allstate approximately 20,420
square feet of space ("Leased Premises") in the building commonly known as 000 X
Xxxxxxx Xxxxx, Xxxx Xxxx, XX 00000.
2. Pursuant to that certain Assignment ("Assignment") dated December
28, 1995, executed by and between Tenant and ASA International Ltd.
("Assignee"), Xxxxxx has assigned the Lease to the Assignee.
3. Pursuant to Section 21 of the Lease, any Assignment is subject to
the consent of Allstate.
AGREEMENTS
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1. Subject to the terms and conditions set forth herein, Allstate
recognizes and consents to the Assignment which consent is given pursuant to
Section 21 of the Lease.
2. Notwithstanding this consent, Tenant shall not be released of liability
and shall continue to be liable on its obligations as set forth under the terms
and condition of the Lease. Allstate shall not be obligated to pursue any
remedies against Assignee or any other person or entity prior to seeking the
remedies provided for under the Lease against Tenant. Default by the Assignee of
any of the terms of the Lease or any of the terms of Assignment which Allstate
has agreed to be bound by, shall be deemed a default under the terms of the
Lease.
3. Unless specifically stated herein, Allstate does not agree to be bound
by any obligations created pursuant to the terms of the Assignment nor shall the
Assignment amend or modify the Lease, except that Allstate will recognize the
Assignee as the successor in interest of Tenant to that portion of the Lease
Premises which is the subject of the Assignment.
4. Upon notice to Assignee, all rent due and owing under the terms of the
Assignment shall be paid directly to Allstate, which sums actually received by
Allstate shall be credited toward the Rent due under the terms of the Lease.
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ALLSTATE LIFE INSURANCE COMPANY
By: /s/ Xxxxxx Xxxxxx
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Authorized Signatory
By:
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Authorized Signatory
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ASSIGNMENT OF LEASE
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THIS ASSIGNMENT OF LEASE is dated as of DECEMBER 28, 1995 between
ASA Legal Systems Company, Inc. ("Assignor") and ASA International Ltd., a
Delaware corporation ("Assignee").
As used herein, the term "Lease" shall mean the Lease dated as of December
16, 1992, from Chamanbell Limited Partnership to Assignor as tenant and any
amendment of addendum thereto.
For good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, Assignor and Assignee hereby agree as follows:
1. Assignor hereby assigns, sets over, and transfers to Assignee all of
Assignor's rights, title, and interest as tenant under the Lease attached
hereto.
2. Assignee herby assumes and agrees with Asssignor to perform, fulfill,
and observe all of the covenants, agreements, obligations, and liabilities of
Assignor as tenant under the Lease arising or accruing on and after the date
hereof.
3. Assignor hereby represents, warrants, and covenants that the Lease is in
full force and effect and unmodified except as specified herein; that Assignor
is not in default under the Lease nor has any event occurred that would, with
the giving of notice or the passage of time, or both, become a default or
entitle Landlord to terminate the Lease; that the Premises are in the same
condition as they were at the commencement of the Lease, or as expanded or
improved by mutual agreement of the parties, except for ordinary wear and tear
and improvements and alterations permitted under the Lease and not required to
be removed by Assignee, as tenant under the lease, upon surrender of the
Premises at the termination of the Lease; that the Lease is not encumbered by
any prior transfer, assignment, mortgage, or other encumbrance attributable to
Assignor; and that Assignor has full and lawful authority to assign the Lease to
Assignee.
4. Assignor agrees to indemnify and hold Assignee harmless from and against
all loss, cost, expense, and damages, including reasonable attorney's fees,
arising out of any act or omission by Assignor as tenant under the Lease arising
or accruing prior to the date hereof. Assignee agrees to indemnify and hold
Assignor harmless from and against all loss, cost, expense, and damages,
including reasonable attorney's fees, arising out of any act or omission by
Assignee as tenant under the Lease arising or accruing after the date hereof.
5. (This section has been replaced in its entirety by the Consent to
Assignment attached to this document.)
6. By execution hereof by Assignor, Assignor hereby acknowledges and agrees
that this Agreement shall not in any manner operate to
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release or relieve Assignor from any or all of its obligations pursuant to the
terms of the Lease, and in the event Assignee defaults in any payment or
performance required by the terms of the Lease, Assignor shall not be relieved
from responsibility to cure such default.
WITNESS the execution hereof as an instrument under seal as of the date
first above written.
ASSIGNEE
ASA INTERNATIONAL LTD.
By: /s/ Xxxxxxxx X. XxXxxxxx
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Title: Vice President & Controller
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ASSIGNOR
ASA Legal Systems Company, Inc.
By: /s/ Xxxxxxxx X. XxXxxxxx
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Title: Assistant Clerk
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