LEASE AGREEMENT WITH OPTIONLease Agreement With Option • March 23rd, 2007 • Bio Solutions Manufacturing, Inc. • Specialty cleaning, polishing and sanitation preparations • Mississippi
In the event the property leased hereby shall be damaged by fire, windstorm or other hazards, Lessor shall have the option of rebuilding, repairing and/or replacing the same with the proceeds from said hazard insurance policy or of retaining said insurance proceeds and terminating this Lease Agreement. Should Lessor elect to restore said damaged property, then Lessor shall have the obligation to restore said property within a reasonable time, and a pro rata share of said rental shall not be payable by Lessee for the period when said property is rendered unusable. Should only a portion of said leased property be rendered unusable, Lessor shall remit unto or reduce for Lessee a fair and just portion of said rent according to the unusable property, until Lessor has completely restored the same. VIII. In addition to failure to properly pay installments of rent, it shall be construed to be a breach of this agreement if the Lessee fails to perform any condition herein undertaken, including b
WITNESSETH: I.Lease Agreement With Option • November 15th, 2002 • Bio Solutions International Inc • Industrial organic chemicals • Mississippi
