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HomeMy WebLinkAboutPacific Sun Cable Partnersi ks GROUND LEASE by and between TOWN OF LOS ALTOS HILLS and PACIFIC SUN CABLE PARTNERS, L.P. Jurge, , 1990 ks GROUND LEASE by and between TOWN OF LOS ALTOS HILLS and PACIFIC SUN CABLE PARTNERS, L.P. Jurge, , 1990 TABLE OF CONTENTS Paste ARTICLE 1 PREMISES AND IMPROVEMENTS . . . . . . . . . . . . 1 1.1 Lease of Premises . . . . . . . . . . . . . 1 1.2 Improvements . . . . . . . . . . . . . . . . . . . 2 ARTICLE 2 TERM ... . . . . . . . . . . . . . . . 2 ARTICLE3 RENTAL . . . . . . . . . . . . . . . . 3 3.1 Base Rent . . . . . . . . . . . . . . . . . . . . . 3 3.2 •.Extension Rent . . . . . . . . . . . . . . . . . . 3 3.3 Annual Increase . . . . . . . . . . . . . . . . . . 3 3.4 Transactional Costs . . . . . . . . . . . . . . . . 4 3.5 Inspection Costs . . . . . . . . . . . 4 3.6 Percentage Rent . . . . . . . . . . . . . . . 4 • 3.7 Late Charge . . . . . . . . . . . . . . . 5 ARTICLE 4 ADDITIONAL CONDITIONS . . . . . . . . . 5 4.1 Free Drop . . . . . . . . . . 5 4.2 Moving Conduit . . . . . . . .. 5 4.3 Undergrounding . . . . . . . . . . . . 5 4.4 Monitoring Service . . . . . . . . . . . . 5 4.5 Survey . . . . . . . . . . . . . . . . . . . . . . 6 4.6 Letter of Credit . . . . . . . . . . . . . . 6 4.7 Excess Cost of Equipment . . . . . . . . . . . . . 6 4.8 Franchise Agreement . . . . . . . . . . . . . . . . 6 ARTICLE 5 USE . . . . . . . . . . . . . . . . . . . . . 7 5.1 Permitted Uses . . . . . . . . . . . . . . . . . . 7 5.2 Prohibited Uses . . . . . . . . . . . . . . . . . . 7 Pacte 5..3 Approval by the Town and Other Agencies 7 5.4 Compliance with Laws . • • • • • • • • • 8 5.5 Condition, Use of Premises . . . . . . . . . . . . 8 5.6 Toxics ... . . . . . . . . . . . . . . . . . . . . 8 ARTICLE 6 MAINTENANCE, REPAIRS AND ALTERATIONS . . . . . . 10 6.1 General . . . . . . . . . . ... . . . . . . . . . . 10 6.2 Surrender . . . . . . . . . . . . . . . . . . . . . 11 6.3 Town's Rights . . . • . . • • . . it 6.4 Town's Obligations . . . . . . . . . . . . . . . . 11 6.5 Security Measures . . . . . . . . . . . . . . . . . 11 6.6 InDrovements . . . . . . . . . . . . . . . • • . • 1,12 ARTICLE 7 INDEMNITY AND INSURANCE . . . . . . . . . . . . . 13 7.1 Indemnity . . . . . . . . . . . . . . . 13 7.2 Waiver of Claims . . . . . . . . . . . . 14 . 14 7.3 Insurance . . . . . . . . . . . . . . . . . . . . 7.4 Waiver of Subrogation . . . . . . .' 15 ARTICLE 8' DAMAGE, DESTRUCTION AND TERMINATION . . . . . . . 15 8.1 Destruction Due to Risk Covered by Insurance 15 8.2 Destruction Due to Risk Not Covered by Insurance . . . . . . . . . . . . . . . . . . . . . 15 8.3 Loss During Last Part of Term . . . . . . . . . . 16 8.4 Temporary Facilities . . . . . . . . . . . . . . 16 8.5 Termination - Advance Payments 16 8.6 Waiver . . . . . . . . . . . . . . . . 17 Paae ARTICLE 9 TAXES . . . . . . . . . . . . . . . . . . . . . 17 9.1 Personal Property . . . . . . . . . . . . . . . . . 17 9.2 Real Property . . . . . . . . . . . . . . . . . . . 17 9.3 Definition .. . . . . . . . . . . . . . . . . . . . 17 ARTICLE 10 UTILITIES . . . . . . . . . . . . . . . . . . . 18 ARTICLE 11 . SIGNS . . . . . . . . . . . . . . . . . . . . . 18 ARTICLE 12 ASSIGNMENT AND SUBLETTING . . . . . . . . . . . 18 12.1 Town's Consent Required . . . . . . . . . . . . . . 18 12.2 No Release of Company . . . ... . . . . . . . . . . 18 ARTICLE 13 DEFAULTS; REMEDIES . . . . 19 13.1 Defaults . . . . . . . . . . . . . . lA 13.2 Remedies . . . . . . . . . . .. 20 13.3 No Relief From Forfeiture After Default . . . . . . 20 ARTICLE 14 TOWN'S LIABILITY . . . . . . . . . . . 21 ARTICLE 15 INSPECTION OF COMPANY RECORDS . . . . . . . . . 21 ARTICLE 16 INTEREST ON PAST -DUE OBLIGATIONS . . . . . . . . 21 ARTICLE 17 HOLDING OVER .. . . . . . . . . . 22 ARTICLE 18 TOWN'S ACCESS . . . . . . . . . . . . . . . . . 22 ARTICLE 19 QUIET POSSESSION . . . . . . . . . . . . . . . . 22 ARTICLE 20 EASEMENTS . . . . . . . . . . . . . . . . . 22 ARTICLE 21 GENERAL PROVISIONS . . . . . . . . 23 21.1 Severability . . . . . . . . . . . . . 23 21.2 Time of Essence . . . . . . . . . . . . . . . . 23 21.3 Additional Rent . . . . . . . . . . . . . 23 21.4 Entire Agreement, Modification . . . . . . . . 23 21.5 No Warranty . . . . . . . . . . . . . . . . . . . 23 _1 Page 21.6 Notices . . . . . . . . . . • . . . . . . . . 23 21.7 Waivers . . . . . . . . . . . . . . . . . . . . 24 21.8 Cumulative Remedies . . . . . . . . . . . . . 24 21.9 Binding Effect; Choice of Law . . . . . . . . 24 21.10 Conditions to Effectiveness of Lease . . . . . . 24 21.11 Attorneys' Fees . . . . . . . . . . . . . . . 24 21.12 Authority . . . . . . . . . . . . . . . . . . . . 24 21.13 Captions . . . . . . . . . . . . . . . . . . . . 24 21.14 Memorandum of Lease o . . . . . . . . . . . 25 - iv - THIS LEASE ("Lease"), is made and entered into by and between the Town of Los Altos Hills, a municipal corporation, ("Town") and Pacific Sun Cable Partners, L.P., a Washington limited partnership, ("Company"). RECITALS A. Town, a municipal corporation in Santa Clara County is the owner of certain .property situated in Santa Clara County, State of California, as hereinafter described; and B. Company is a limited partnership organized under the laws of the State of Washington whose principal business is to provide cable television services; and C. Town has entered into a Franchise Agreement with Company's predecessor, Sun Country Cable, Inc., for cable television services to be provided to the residents of the Town; and D. Company requests use of certain property owned by Town, and as hereinafter described, for the construction, installation and operation of a cable television headend facility; and i E. Town is willing to permit Company to lease the said property in accordance with the terms,. conditions and covenants of this Lease. NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS: ARTICLE 1 PREMISES AND IMPROVEMENTS 1.1 Lease of Premises. Town hereby leases to Company and Company leases from Town.for the term, at the rental, and upon all of the conditions set forth herein, that certain real property on the Town Property on Purissima Road in the vicinity of Viscaino Road ("Town Property")., to the southwest of the first, playing field and the Town riding ring, consisting of approximately 1593 square feet (the "Premises"). When a survey of the exact area to be leased is completed by Company and approved by the Town, as set forth below, a copy of the legal description of the Premises shall be signed by both parties and attached hereto as Exhibit A. The Premises include a non-exclusive, appurtenant easement to Company from Purissima Avenue. This easement shall be fifteen (15) feet in width and shall be for the sole purpose of ingress and egress to the Improvements (as defined below) and for the lccation of underground conduit from the Improvements (as defined below) to Purissima Avenue, together with the incidental right to construct, repair, maintain and replace the underground conduit within the easement. When a survey of the exact easement is - 1 - completed by Company and approved by Town, as set forth below, a copy of the legal description of the easement shall be signed by both parties and attached hereto as Exhibit A., page 2. Company agrees that it shall direct and coordinate construction, repair, maintenance and replacement of the Improvements and underground conduit within the Premises so as to'minimize any interference with uses on the Town Property. Company agrees to repair immediately any damage to the easement caused by the construction, repair., maintenance or replacement of the underground conduit. If Company fails to repair any'damage as required herein, within ten (10) days after the mailing by Town of written notice to Company to perform such work, then Town shall have the right, but not the obligation, to perform such repair work and Company agrees to reimburse Town on demand 1.2 Improvements. The Premises shall be used by Company only to locate a building of no more than 240 square feet, an antenna no taller than 70 feet from the present grade, up to three microwave dishes no larger than 4.6 meters in diameter and no taller than 15 feet from the present grade, a black vinyl covered chain link fence no taller than 6 feet from the present grade and placed around an area of 1353 square feet to enclose the antenna and microwave dishes, landscaping and underground conduit ("Improvements"), to provide the highest quality -cable television and related services to residents and users in the Town and nearby communities. The Improvements are more particularly shown on plans, which were approved through the site development process required by the Town. A copy of these plans is attached hereto as Exhibit B., ARTICLE 2 TERM .The .term of this Lease .shall be for a period of approxi- mately thirteen'(13) years commencing on May 1, 1990 and terminating on June 17, 2003 unless earlier terminated as set forth herein. Company and Town have entered into a Franchise Agreement on June 18 , 1988 and June 21, 1988, respectively (the "Franchise Agreement"), a copy of which is attached hereto as Exhibit C. If Town and Company renew the Franchise Agreement, pursuant to the Franchise Agreement, and provided that Company is not in default hereunder, Company shall have the option to renew this Lease for an additional period equal to the Franchise Agreement renewal period with the understanding that all terms, conditions, and requirements of this Lease shall continue in effect during the option term. - 2 - ARTICLE 3 RENTAL 3.1 Base Rent. Company shall pay to the Town as rent for the Premises in advance on the first.day of each calendar month of the term of this Lease without deduction, offset, prior notice or demand, in lawful. money of the United States, the sum of One Thousand ($1,000.00) ("Base Rent"). The Base Rent for May and June 1990 shall be paid upon execution of the Lease. If the Lease termination date is not the last day of the month, a prorated monthly installment shall be paid at the then current rate for the fractional portion of that month during which the Lease terminates. The Base'Rent shall be increased to One Dollars ($1,100.00) per month on the earlier or (ii) the date on which the first home is outside the Town limits is passed by Improvements. For the purposes of this shall mean cable is installed so that a could connect to the cable if the home o subscribe to cable television. Thousand One Hundred of (i) May 1, 1991, or other facility which cable utilizing the Lease, "passed by cable" home or other facility r other facility chose to 3.2 Extension Rent. Company also shall pay to Town, as additional rent, on the first day of each month of the. term of this Lease without deduction, offset, prior notice, or demand, in lawful money of the United States, an amount equal to the number of homes and other residential facilities outside the Town limits which are passed by cable utilizing the Improvements times Forty Five Cents ($.45), (the "Extension Rent Factor") regardless of the number of these homes or other facilities that actually contract for service for cable television ("Extension Rent"). The calculation of the Extension Rent shall be based on the number of homes and other facilities passed by cable as of the thirtieth (30th) day of.the immediately preceding month. 3.3 Annual Increase. During the entire term of this Lease,. including the option term, if the option is exercised, the Base Rent shall be increased annually beginning on May 1, 1992, and the Extension Rent Factor shall be increased annually beginning on May 1, 1991, and said increases shall be effective on each anniversary date of this Lease. The annual increase shall be based on the higher of the two following adjustment factors: (a) A percentage determined by multiplying 100 times a fraction, the numerator of which is the most recently published Consumer Price Index (All Urban Consumer 1982-1984 = 100) for the San Francisco -Oakland -San Jose Metropolitan Area published by the United States Department of Labor, Bureau of Labor Statistics ("Index") preceding May 1 ("New Index") minus the Index published in the same month in the previous year ("Current Index") and the denominator of which is the Current Index, as illustrated by the following formula: -- 3 - Ir = 100 X New Index - Current Index Current Index (b) A percentage determined by the percentage increase(s) in the basic rate for cable television services to the residents of the Town .during the preceding twelve (1.2) months; provided, that, if the Company can demonstrate, to the Town's satisfaction, that any increase, or portion thereof, in the basic rate is due solely to the direct cost of obtaining an additional channel which results in a net increase in the number of channelsset forth in Exhibit 'C to the Franchise Agreement, the amount so demonstrated shall be subtracted from any increase in the basic rate before the percentage increase is calculated. As of the effective date of this Lease, the basic rate is $21.'95. Provided, that, in no event shall the Base Rent or Extension Rent decrease from the previous year. 3.4 Transactional Costs. Company also shall pay to Town, as additional rent, any and all transactional costs incurred by Town as a result of the negotiation, preparation, execution, and delivery of this Lease, including but not limited to attorneys' fees ("Transactional Costs"). Town shall furnish Company with an invoice reflecting the Transactional Costs due and owing hereunder, and the Company shall make full payment to Town of said costs within thirty (30) days from the date of Town's invoice. 3.5 Inspection Costs_. Company shall pay to Town, as additional rent, prior to Town's execution of this Lease, all the costs of inspection of Company's installation of,:the Company's underground conduit and other Improvements incurred by the.Town, prior to execution of this Lease ("Inspection Costs"). Future costs incurred by the Town in inspecting any of Company's conduit or Improvements shall be considered additional rent and shall be paid by Company, within thirty (3 0) days from the date of Town's invoice. 3.6 Percentage Rent. on each February 1, commencing on February 1, 1991, Company shall pay to Town as additional rent an annual amount equal to five percent (5%) of the Gross Annual Revenues, as defined in Section 3.25 of Town Ordinance No. 323, received by Company during the previous calendar year from all subscribers to cable television services within the Town limits ("Percentage Rent"). If the Lease termination date is not the last day of the year, the Percentage Rent for the last year of the Lease shall be prorated and due on February 1 of the year following the year in which the Lease terminated. The Percentage - 4 - Rent shall be reduced by any franchise fees received by Town from Company by January 30 of each year, pursuant to the Franchise Agreement. 3.7 Late Charge. Company acknowledges that late payment by Company to Town of rent will cause Town to incur costs not contemplated by this Lease, the exact amount of such costs being extremely difficult and impracticable to fix. Such costs include, without limitation, processing and accounting charges, and late charges that may be imposed on Town by the terms of any encumbrance .and not secured by any encumbrance covering the Premises. Therefore, if any installment of rent due from Company is not received by Town when due, Company shall pay to Town an additional sum of ten percent (10%) of the overdue rent as a late charge.. The parties agree that this late charge represents a fair and reasonable estimate of the costs that Town will incur by reason of late payment by Company. Acceptance of any late charge shall not constitute a waiver of Company's default with respect to the overdue amount, nor prevent Town from exercising any of the other rights and remedies available to Town. ARTICLE 4 ADDITIONAL CONDITIONS As additional consideration for Town's entering into this Lease, Company agrees to the following: 4.1 Free Drop. The free drop to the Ford Country Day School specified in Exhibit B of the Franchise Agreement shall be changed to the Town Barn. 4.2 Moving Conduit. If, as a result of work deemed. necessary by the Town, including but not limited to the installation or improvement of utilities, Company's underground conduit in Town must be moved, Company shall promptly perform or have performed such work at Company's sole cost and expense. 4.3 Undergrounding. If the overhead utilities in any area of the Town are undergrounded, voluntarily or otherwise, Company shall at the same time, underground its cables in the affected area, at Company's sole cost and expense. 4.4 Monitoring Service. If Town deems it appropriate to have Town staff or an independent contractor conduct a survey of the service provided by.Company pursuant to the Franchise Agree- ment, Company shall pay one-half of all costs associated with such monitoring; provided, however, that if the Company has a change of management, Company shall, after such a change of management, pay all of the costs associated with such monitoring. For the purposes of this Section, "change of management" shall mean: 5 - ,, (a) if two longer employed in an Cable, Inc. ("Sun"): or more of the following persons are no active management position with Sun West David Kinley, John Dolan, Lyn Simpson; or (b) if any entity other than Sun becomes a general partner of the Company; or (c) if Sun dissolves, merges, consolidates, or reorganizes or transfers, either all at once, or in a series of transfers, a controlling percentage of the capital stock of Sun. The phrase "controlling percentage" shall mean the ownership of, and the right to vote stock possessing at least Fifty One Percent (51%) of the total combined voting power of all classes of Sun's capital stock outstanding and entitled to vote for the election of directors; or (d) the making by Sun of any general arrangement or assignment for the benefit of creditors or Sun's becoming a "debtor" as defined in 11 U.S.C. § 101 or any successor statute thereto (unless; in the case of a petition filed against the Company, the same is dismissed within sixty (60) days). 4.5 Survey. Within fourteen (14) days of the Town's execution of this Lease, Company shall perform or have performed an ALTA survey of the Town Property and the Premises, including the easement, in particular, and shall deliver to Town a copy of said survey for approval. A copy of the approved survey and legal description of the Premises, including the easement, shall 5e approved and signed by bothparties and shall then be attached hereto as Exhibit A. 11 4.6 Letter of Credit. Pursuant to Section 3.7 of the Franchise Agreement, Company shall deliver an irrevocable letter of credit,. in a form acceptable to Town, in the amount of Forty Thousand Dollars ($40,000.00) to guarantee the performance of its obligation under the Franchise Agreement. After Town's City Attorney has approved the letter of credit, Town shall return the $40,000 cash paid to Town by Company, in lieu of the letter of credit, together with all interest accrued by Town on the $40,000. 4.7 Excess Cost of Eguipment. Prior to receipt of the certificate of completion for the Improvements, Company shall pay to Town, an amount which is the remainder of the total equipment cost of $15,000, set out in Exhibit B to the Franchise Agreement, which was not expended specifically on access equipment at the Premises, in order to provide the extra service necessary to activate up to three (3) local programming channels. 4.8 Franchise Agreement. If any provision of the Franchise Agreement is determined to be invalid, unconstitutional or _unenforceable by any branch or agency of the State of California, the federal government or any court of competent jurisdiction, the provision so affected shall become a provision of this Lease and shall be complied with by Company as if it were an original provision of this Lease. ARTICLE 5 USE 5.1 Permitted Uses. Company shall use the Premises for the installation; operation, maintenance and use of a cable tele- vision headend facility, consisting of the equipment, improve- ments and specific facilities together with the utilities, cables and wires reasonably needed to support the operation of the foregoing facilities, as more particularly specified in .Article 1. Company shall use the Premises for purposes related to the cable television headend facility only. The installation of the Improvements shall be subject to the reviews, approvals and requirements set forth in Section 5.3. Company shall be solely responsible for any and all costs associated with the construction, installation, maintenance and use of the Improvements; provided that the Town shall pay for the water used for irrigation of the landscaping.' Town grants Company reasonable vehicular and foot access to the Premises solely by the easement described in Exhibit A-2, and such access shall be available to Company, Company's employees and invitees, all hours of each day of the week. It is anticipated, after installation of the Improvements is completed, that such reasonable access shall be limited to once every week for the purpose of ordinary fine tuning Company's equipment and other appropriate maintenance of the Improvements. .5.2 Prohibited Uses. Company shall not use the Premises for any purpose not expressly permitted hereunder. Company shall not (a) create, cause, maintain or permit any nuisance or waste in, on or about the Premises or permit or suffer the Premises to be used for any unlawful or immoral purpose, or (b) do or permit to be done anything in any manner which unreasonably disturbs the users of the Town Property or the occupants of neighboring property, or (c) interfere with or disturb in any way the operation of Town's barn, riding ring and playing fields, or any future facilities or operations that may be implemented by Town on the Town Property. Specifically, and without limiting the above, Company agrees not to cause any unreasonable odors, noise, vibration, power emissions, or other item to emanate from the Premises. No materials or articles of any nature shall be stored outside upon any portion of the Premises. 5.3 Approval by the Town and Other Agencies.. Company, at its sole cost and expense, may install the Improvements, subject to -Company's obtaining all required permits, licenses and - 7 - approvals from the Town and any other governmental agencies having jurisdiction over Company's use of the Premises. As a condition of this Lease, Company shall maintain such permits, licenses and approvals in force through the term of this Lease, including the option term, in the event the Lease is extended. The revocation or expiration of any such permit, license, or approval shall be a breach of this Lease. Should Company wish to change, expand or increase the Improvements, it shall not do so without the prior approval of the Town and without obtaining all required permits, licenses and approvals from the Town and any other governmental agencies having jurisdiction over Company's use of the Premises. If a change, expansion or increase in the Improvements is so approved, Company and Town shall amend Exhibit B attached hereto to reflect the changed, expanded or increased Improvements. Should Company change or expand any Improvements without the prior approval of Town, Town may require that Company remove any or all of the same at Company's sole cost and expense. Company shall be solely responsible for conducting any environmental review required to be undertaken in association with Company's use of the Premises and for any and all costs associated therewith, as well as'any and all fees, charges, or other expenses that may be imposed by the Town or other regulatory agencies in connection with Company's use or enjoyment of the Premises prior to the Lease commencement or at any time .during the term of the Lease. 5.4 Compliance with Laws. Company shall not do or permit anything to be done in, on or about the Premises, or bring or keep anything in, on or about the Premises, which will in any way conflict with any law, statute, ordinance or governmental rule or regulation now in force or which may hereafter be enacted or promulgated by any public authority. 5.5 Condition, Use.of Premises. 'Town makes no warranty or representation of any kind concerning the condition -of the Premises, or the fitness of the Premises for the use intended by Company, and hereby disclaims any personal knowledge with respect thereto, it being expressly understood by the parties that Company has personally inspected the Premises, knows their condition, finds them fit for Company's intended use, accepts them as is, and has ascertained that they can be used for the limited purposes specified in Section 5.1, 5.6 Toxics. (a) Definitions. (1) "Hazardous Substance" shall mean (i) the substances included within the definitions of the term "Hazardous Substance" under the Comprehensive Environ- mental Response, Compensation and Liability Act of 1980, as amended, 42 U.S.C. section 9601 et seq. and the regulations promulgated pursuant thereto (collec- MMM tively "CERCLA") and (ii) the California Carpenter - Presley -Tanner Hazardous Substance Account Act, California Health & Safety Code section 25300 et seq. and regulations promulgated thereunder. (2) "Hazardous Waste" shall mean (i) any waste listed as or meeting the identified character- istics of a "Hazardous Waste" under the Resource Conversation and Recovery Act of 1976, 42 U.S.C. section 6901 et seq. and the regulations promulgated pursuant thereto (collectively "RCRA") and (ii) any waste meeting the identified characteristics of "Hazardous Waste" under the California Hazardous Waste Control Law, California Health and Safety Code section 25100'et seq. and the regulations promulgated pursuant thereto (collectively "CHWCL"). (3) "Hazardous Waste Facility" shall mean a hazardous waste facility as defined under CHWCL. (4) "Radioactive Materials" or "Radiation" shall mean such materials as defined in Title 17, California Code of Regulations section 30100(w) and (z) or possessing the characteristics of the materials so defined. �. (b) Compliance. Company shall obtain Town's prior written -approval-prior to using, handling, generating, transporting, storing, treating and/or disposing of Hazardous Substances, Hazardous Wastes, Radioactive Materials and/or Radiation in, on, or about the Premises. Town may condition its approval on, among other things, (i) Company providing adequate assurance that Company can comply with all applicable laws, rules, regulations, orders, permits, licenses, and operating plans of any governmental agency having jurisdiction over the use, handling, generation, transportation, storage, treatment or 'disposal of Hazardous Substances, Hazardous Wastes, Radioactive Materials and/or Radiation in, on, or about the Premises or (ii) Company posting such bonds or policies of insurance providing coverage in the form and monetary amounts acceptable to Town, in Town's absolute discretion, to insure and protect Town from loss, damage, claims,, or injuries relating to or arising from the use, handling, generation, transportation, storage, treatment or disposal of Hazardous Substances, Hazardous Wastes, Radioactive Materials and/or Radiation in, on, or about the Premises. Following an approval by Town, Company covenants that, at its sole cost and expense, it will comply with all applicable laws, rules, regulations, orders, permits, licenses and operating plans of any governmental authority with respect to the use, handling, generation, transportation, storage, treatment and/or disposal of Hazardous Substances, Hazardous Wastes, Radioactive Materials and/or Radiation, and Company will provide Town with copies of 411 permits, registrations or other similar documents that authorize Company to conduct any such activities in connection with its authorized use of the Premises. (c) Compliance. Company agrees to comply with any and all applicable laws, rules, regulations, and orders with respect to the release into the environment of any Hazardous Wastes, Hazardous Substances, Radiation and/or Radioactive Materials. Company agrees to notify Town in writing of any unauthorized release into the environment within twenty-four (24) hours of the time at which Company becomes aware of such release. (d) Indemnification. Company shall indemnify, defend, and hold Town harmless from any and all claims, losses (including, but not limited to, loss of rental income and loss due to use of Town Property), damages (including diminution in value or loss of rental value following expiration or earlier termination of the term), liabilities, costs, legal fees, and expenses,.of any sort arising out of or relating to any unauthorized release into the environment of hazardous substances or wastes or radiation or radioactive materials by Company or any of Company's agents, contractors, or invitees, or Company's failure to comply with this Section 5.6. (e) Cooperation by Company. Company agrees to cooperate with Town in furnishing Town with complete information regarding Company's receipt, handling, use, storage, transporta tion, generation, treatment and/or disposal of Hazardous Wastes, w Hazardous Substances, Radiation and/or Radioactive Materials. Upon request, Company agrees to grant Town reasonable access at reasonable times to the Premises to inspect Company's receipt, handling, use, storage, transportation, generation, treatment and/or disposal of Hazardous.Wastes, Hazardous Substances, Radiation and/or Radioactive Materials without being deemed guilty .of any disturbance of Company's use.or, posses. sion and without being liable to Company in.any manner. (f) No Reliance. Notwithstanding Town's right of inspection and review under this paragraph, Town shall .have no obligation or duty to so inspect or review, and no third party shall be entitled to rely on Town to conduct any sort of inspection or review by reason of the provisions of this Section. (g) Survival. This Section 5.6 of this Lease shall, survive termination of the Lease, as to any activities during the term of this Lease. - 10 - ARTICLE 6 MAINTENANCE, REPAIRS AND ALTERATIONS 6.1 General. Company shall keep in good order, condition, and repair the Premises, and the Improvements placed on the Premises by Company, and every part thereof. Company shall keep the Premises clean and free of debris. 6.2 Surrender. On the last day of the term hereof, or upon any prior termination, Company shall surrender the Premises to Town in the same condition (the Improvement excepted) as when received by Company, clean and free of debris. Company shall also surrender all Improvements and the cables and wires reasonably needed to support the operation of the Improvements, that Company placed upon the Premises, with these Improvements fully functional, in good working order, and the Improvements shall become the property of the Town; provided that if Town notifies�Company at least thirty (30) days in advance of the last day of the term hereof, or within thirty (30) days after any prior termination date, that Town wishes Company to remove all Improvements from the Premises, Company shall remove all Improvements and any related cables, wires or other equipment which Company has placed on the Premises, repairing any damage to the Premises occasioned by the installation, maintenance or removal of Company's Improvements and any related cables, wires or other equipment, and shall restore the Premises to the same condition as when Company received the Premises from Town. 6.3 Town's Rights. If Company fails to perform Company's obligations under any article of this Lease, Town may (but shall not be required to) enter upon the Premises, after prior notice to Company, (except in the case of any emergency, in which case no noticeshall be required), to perform such obligations on Company's behalf and put the Premises and/or Improvements in good order, condition and repair, and the cost thereof, together with interest thereon at the maximum rate then allowable by law, shall become due and payable as.additional rent to Town with Company's next rental installment. If no additional rental installment is due to Town, such costs shall become due and payable within thirty (30) days from the date of Town's invoice. 6.4 Town's Obligations. Town shall have no obligation to repair and maintain the Premises nor the Improvements thereto and facilities placed thereon. Company expressly waives the benefit of any statute now or hereinafter in effect which would otherwise afford Company the right to make repairs at Town's expense or to terminate this Lease because of Town's failure to keep Premises in good order, condition and repair. 6.5 Security Measures. Town shall have the right to require that a security system device, operation or plan be installed and implemented to protect the Premises or the Improve- meets. Should Town, in its sole discretion, require Company to install such a security system, Company agrees to bear the sole cost and expense of any security system, device, operation or plan and the installation and implementation thereof. Company shall obtain Town's prior approval before installing or implementing any security system, device, operation or plan. 6.6 Improvements. (a) Company shall pay, when due, all claims for labor or materials furnished or alleged to have been furnished to or for Company at or for use on the Premises, which claims are or may be secured by any mechanic or materialmen lien against the Premises or any interest therein. Company shall give Town not less than ten (10) days notice prior to the commencement of any work on the Premises, and Town shall have the right to post notices of non -responsibility in or on the Premises as provided by law. If Company, in good faith, contests the validity of any such lien, claim or demand, then Company shall, at its sole expense, defend itself and Town against the same and shall pay and satisfy any such adverse judgment that may be rendered thereon before the enforcement thereof against the Town or the Premises. If Town shall require, Company shall furnish to Town a surety bond satisfactory to Town in an amount equal to such., contested lien, claim or demand indemnifying .Town against liabi � lity for the same and holding the Premises free from the effect of such lien or claim.- In addition, Town may require Company to pay Town's attorneys' fees and costs in participating in such action if Town shall reasonably decide it is in its best interest to do so. (b) Before construction of any Improvements are commenced on the 'Premises and before any building materials therefor have been delivered to the Premises by Company or agents under.�ompany's authority, Company shall comply with the follow- ing conditions or procure Town's written waiver. of the condition or conditions specified in the waiver (1) Construction Schedule. Company shall deliver to the Town; for the Town"s approval, a time schedule setting forth in detail'a description of the Improvements and all steps for construction of the Improvements, and Company's best estimate of the date upon which each step shall be substantially completed. The Town's approval, which shall not be unreasonably withheld, or disapproval of the schedule shall be communicated to Company in the manner provided for the giving of notice herein and any disapproval shall be accompanied by a specification of the grounds for disapproval. (2) Protection of Adjacent Property. Indemnity of the Town. Company shall protect the Town Property and adja- cent property against damage resulting from theperformance of any work undertaken by Company or Company's agents, 12 - employees, contractors, or assigns, -and shall indemnify the Town against all liens or liability in any way arising out of the performance of the work or the furnishing of labor, services, materials, suppl..es, equipment or power in connection therewith. (3) Insurance. In addition to the insurance coverage otherwise required under this Lease, Company shall maintain or cause to be maintained workers' compensation insurance covering all persons employed in connection with the construction of any Improvements, repair or maintenance activities with respect to whom death or injury claims could be asserted against the Town, Company, or the Premises. Town may require that any third parties performing work on the Premises maintain such workers' compensation insurance as well. Such insurance shall be maintained at Company's sole cost and expense at all times when any work is in . process and shall otherwise conform to the requirements of this Lease for insurance. (4) Notice of Completion. Company shall not use any Improvement in any way without receiving a notice of completion from Town. (5) Notice of Changes in Plans. on completion of any Improvement, Company shall give the Town notice of all changes in the plans and specifications made during the course of the work and shall at the same time deliver to the Town "as built"drawings accurately reflecting all such . changes; provided, no change that substantially alters the final plans last approved by the Town shall be made without the Town's prior written approval, which shall not be unreasonably withheld. ARTICLE 7 INDEMNITY AND INSURANCE 7.1 Indemnity. This Lease is made upon the express condi- tion that the Company shall indemnify and hold harmless Town, and its officers, agents and employees against any and all suits; claims or actions arising out of Company's .use of the Premises or from any act permitted, or any omission to act, in or about the Premises or the Town Property by Company or its agents, employees, contractors or invitees, including, but not limited to, any injury or injuries to, or death or deaths of, persons or property that may occur, or that may be alleged to have occurred from any cause or causes whatsoever, while in, upon, about, or in any way connected with the Premises during the term of this Lease, or during any holdover tenancy thereof (except where caused solely, exclusively and directly by the negligence of Town, its employees or agents). Company further agrees to defend any and all such actions, suits or claims and pay all charges of - 13 - attorneys and all other costs and expenses arising therefrom or incurred in connection therewith; and if any judgment be rendered against the Town or any of the other individuals enumerated above in any such action, Company shall, at its expense, satisfy and discharge the same. 7.2 Waiver of Claims. Company waives any claims against Town for injury to Company's business or any loss of income therefrom, for damage to Company's property, or for injury or death of any person in or about the Premises or the Town Property, from any cause whatsoever, except to the extent caused by Town's active negligence or willful misconduct. 7.3 Insurance. (a) Workers Compensation.' Company shall procure and maintain at all times during the term of this Lease, and any holdover tenancy, workers compensation insurance in conformance with the laws of the State of California and Federal laws where applicable. Employers Liability Insurance shall not be less than One Million'Dollars ($1,000,000.00) per accident or disease. Prior to commencement of the term of the Lease, Company shall deliver to Town a Certificate of Insurance which shall stipulate that thirty (30) days advance written notice.of cancellation or " material change shall be given to Town. (b) Bodily Injury Death and Property Damage Liability Insurance. Company shall also procure and maintain at all times during the term of this Lease, and any holdover tenancy, compre- hensive broad form General Public Liability Insurance (including automobile operation) covering Company and Town for any liability arising out of the use of, or occurring in, on, or about the Premises. The policy(ies) shall include coverage for all vehicles, licensed or unlicensed, on or off the Premises, used by or on 'behalf ,-of Company during . the term of this Lease . or holdover tenancy thereof. The policy(ies) shall be subject to a limit for each occurrence of Five Million Dollars ($51000,000) naming as an additional insured, the Town and its officers, employees and agents. 'The Insurers) shall agree that its policy(ies) is Primary Insurance and that it shall be liable for the full amount of any loss up to and including the total limit of liability without right of contribution from any other insurance covering Town. Inclusion of Town as an additional insured shall not in any way affect its rights as respects any claim, demand, suit or judgment made, brought or recovered against Company. Said policy shall protect Company and Town in the same manner as though a separate policy had been issued to each; but nothing in said policy shall operate to increase the Insurer's liability as set forth in the policy beyond the amount or amounts shown or to which the Insurer would have been liable if only one interest had been named as an insured_. - 14 - Prior to commencement of the term of the Lease, Company shall deliver to Town a Certificate of Insurance which shall indicate compliance with the insurance requirements of this paragraph and shall stipulate that thirty (30) days advance written notice of cancellation or material change shall be given to Town. (c) Fire and Extended Coverage Insurance. Company shall maintain a policy of standard fire and extended coverage insurance on its Improvements on the Premises. 7.4 Waiver of Subrogation. Company waives any and all rights of recovery against the Town, or against the officers, employees, agents or representatives of Town, for loss of or damage to the property of the Company or the Premises, to the extent such loss or damage is insured against under any insurance policy carried by Company. ARTICLE 8 DAMAGE, DESTRUCTION AND TERMINATIQN 8.1 Destruction Due to Risk Covered by Insurance. If, during the term of this Lease, the Premises are totally or r partially destroyed from a risk required' to be covered by insurance as described in Article 7, rendering Premises totally or partially inaccessible or unusable, Company shall restore the Premises to substantially the same condition as they were in immediately before destruction, whether or not the insurance proceeds are sufficient to cover the actual cost of restoration. Such destruction shall not terminate this Lease. Company shall immediately apply for all governmental approvals to restore the Premises and ,complete the restoration within sixty (60) days .of receiving'. the.'-equisite governmental approvals. If the existing laws do not pei'mit the restoration, either party can terminate this Lease immediately by giving notice to the other party. 8.2 Destruction Due to Risk Not Covered by Insurance. If, during the term of this Lease, the Premises are totally or partially destroyed from a risk not required to be covered by insurance as described in Article 7, rendering the Premises totally or partially inaccessible or unusable, Company shall restore the Premises to substantially the same condition as they were in immediately before destruction. Such destruction shall not terminate this Lease. If the existing laws do not permit the restoration, either party can terminate this Lease immediately by giving notice to the other party. However, if the Cost of restoration exceeds seventy five percent (75%) of the then replacement value of the Premises destroyed, Company can elect to terminate this Lease by giving notice to Town within fifteen (15) days after determining the restoration cost and. replacement value. If Company elects to terminate this Lease, Town, within - 15 - fifteen (15) days after receiving Company's notice to terminate, can elect to pay to Company at the time Town notifies Company of its election, the difference between seventy five percent (75%) of the replacement value of the Premises and the actual cost of restoration, in which case Company shall restore the Premises. on Town's making its election to contribute, each party shall deposit immediately the amount of its contribution with the trustee of its choice. If the destruction does not exceed seventy five percent_(75%) of the then replacement value of the Premises, Company shall immediately apply for all governmental approvals to restore the Premises and complete the restoration within sixty (60) days of receiving the requisite governmental approvals. If Company elects to terminate this Lease as set forth above, and Town does not elect to contribute toward the cost of restoration as provided above, this Lease shall terminate on the date Town notifies Company of its election not to contribute. 8.3 Loss During Last Part of Term. If•destruction of the Premises occurs during the last year of the term of this Lease, either party can terminate this Lease by giving notice to the t e than fifteen (15) days after the other party no mor destruction; except that, if within fifteen (15) days after the destruction, Company can exercise the optionto extend the term as provided herein and if there is no default under this Lease, the Premises shall be restored as set forth in Sections 8.1 or 8.2 above. 8.4 Temporary Facilities. Town acknowledges and agrees that it is necessary that Company maintain continuous -operation on the Premises during the term of this Lease. Therefore, in the event of damage which renders Company's Improvements inoperable or unusable, and the Lease is continued pursuant hereto, Company as hereinafter provided, shall have the right (subject to any requiremen'ts`of law or governmental authority) to construct or. install temporary facilities, including temporary or replacement microwave dishes or antenna, if necessary, in or about the Premises, in such locations as may be reasonably acceptable to Town and in a manner which will not interfere with any repair or reconstruction efforts or with other uses of the Town Property, in order to continue operation. Town shall permit Company such access, repair and maintenance rights as may be necessary to allow Company to operate and maintain such temporary facilities until the Premises have been sufficiently repaired to permit Company to use the Premises, or until a substitute permanent location acceptable to Town and Company has been agreed upon, and construction of such substitute permanent facility has been completed. 8.5 Termination - Advance Payments. Upon termination of this Lease pursuant to this Article 8, Town shall retain the prorated portion of any advance payments of rent through date of MEW= r termination and shall immediately repay to Company without demand the balance of any such advance payments. 8.6 Waiver. Town and Company waive the provisions of any statutes which relate to termination of leases when leased property is destroyed and agree that such event shall be governed by the terms of this Lease. ARTICLE 9 TAXES 9.1 Personal Propertv. Company shall pay prior to delinquency all taxes, license fees, and public charges assessed or levied against Company or Company's estate in this Lease or Company's improvements, trade fixtures, furnishings, equipment and other personal property. 9.2 Real Property. Company shall pay Company's share of all Real Property Taxes (as defined in Section 9.3 below) which become due during the Lease term; these Real Property Taxes shall be due and payable to Town on or before the later of ten (10) days prior to the delinquency thereof, or three (3) days after the date on which Company receives a copy of the tax bill and notice of Town's determination hereunder. Company's liability to pay Real Property Taxes shall be prorated on the basis of a three hundred and sixty five (365) day year to account for any fraction or portion of a tax year included in the Lease term at the commencement or expiration of the Lease. 9.3 Definition. The term "Real Property Taxes" as used herein shall mean: (a).: all taxes, assessments, levies and other charges, general and'special, foreseen and unforeseen, now or hereafter imposed by anygovernmental or quasi -governmental authority or special district having the direct or indirect power to tax or levy assessments, which are levied or assessed against or with respect- to (i) the value, occupancy or use of the Premises and/or the Improvements, (ii) any improvements, fixtures, equipment and other real or personal property of Company that are an integral part of the Premises, (iii) the use of the Premises, Improvements, public utilities or energy within the Premises; (b) all charges, levies or fees imposed by reason of environmental regulation or other governmental control of the Premises and/or the Improvements; (c) new excise, transaction, sales, privilege or other taxes now or hereafter imposed upon Town as a result of this Lease; and - 17 - (d) all costs and fees (including attorneys' fees) incurred by Town in contesting any Real Property Taxes and in negotiating with public authorities as to any Real Property Taxes affecting the Premises. If at any time during the Lease -term the taxation or assessment of the Premises and/or the Improvements prevailing as of the commencement of this Lease shall be altered, then any such tax or charge, however designated, shall be included within the meaning of the term "Real Property Taxes". If any Real Property Taxes and based upon property or rents unrelated to the Premises and/or the Improvements, then only that part of such tax that is fairly allocable to the Premises and/or the Improvements, as determined by Town, on the basis of the assessor's worksheets or other available information,shall be included within the meaning of the term "Real Property Taxes." ARTICLE 10 UTILITIES Company shall pay for all water, gas, heat, light, power, telephone and other utilities and services supplied to the Premises, together with any taxes thereon; provided that Town shall pay for the water used for irrigation of the landscaping. ARTICLE 11 SIGNS Company shall not place any signs upon the Premises without the prior written consent of the Town. ARTICLE 12 ASSIGNMENT AND SUBLETTING 12.1 Town's Consent'Reguired. Company shall not voluntarily or by operation of law assign, transfer, mortgage, sublet or otherwise transfer or encumber all or any part of Company's interest in this Lease or in the Premises, without Town's prior written consent, which consent may be refused for any reason Town deems appropriate. Town shall respond to Company's request for consent thereunder in a timely manner and any attempted assign- ment, transfer, mortgage, encumbrance or subletting without such consent shall be void, and shall constitute a breach of this Lease. 4 12.2 No Release of Company. No subletting or assignment as approved by Town shall release Company of Company's obligation or alter the primary liability of Company to pay the rent and to perform all other obligations to be performed by Company here- under. The acceptance of rent by Town from any other person - 18 - shall not be deemed to bea waiver by Town of any provision hereof. Con_;ent to one assignment or subletting shall not be deemed consent to any subsequent assignment or subletting. In the event of default by any assignee of Company or any successor of Company in the performance of any -of the terms hereof, Town may proceed directly against Company without the necessity of exhausting remediez: against said assignee. Town may consent to subsequent assignments or subletting of this Lease or amendments or modifications to this Lease with assignees of Company, without notifying Company, or any successor of Company, and without obtaining Company's consent thereto and such action shall not relieve Company of litbility under this Lease. ARTICLE 13 DEFAULTS: REMEDIES 13.1 Defaults. The occurrence of any one or more of the following events shall constitute a material default or breach of this Lease by Company. (a) The abandonment of the Premises by Company. (b) The failure by Company to make any payment of rent or any other payment required to be made by Company hereunder, as and when due, where such failure shall continue for a period of ten (10) business days after written notice thereof from Town to Company. In the event that Town serves Company with a Notice to Pay Rent or Quit pursuant to applicable Unlawful Detainer statutes, such Notice to Pay Rent or Quit shall also constitute the notice required by this subparagraph. (c.) The.failure by Company to observe or perform any of the covenants, conditions•or provisions of this Lease in any material respect to be observed or performed by Company, other than those described in Section 13.1(b) above, where such failure shall continue for a period of thirty (30) days after written notice thereof from Town to Company; provided, however, that if the .nature of Company's default is such that more than thirty (30) days are reasonably required for its cure, then Company shall not be deemed to be in default, if Company commenced such cure within said thirty (30) day.period and thereafter diligently prosecutes such cure to completion. (d) The making by Company.of any general arrangement or assignment for the benefit of creditors; Company's becoming a "debtor" as defined in 11 U.S.C. § 101 or any successor statute thereto (unless, in the case of a petition filed against Company, the same is dismissed within sixty (60) days); the appointment of a trustee or receiver to take possession of all or substantially all of Company's assets located at or on the Premises or of Company's interest in this Lease where possession is not restored to Company within thirty (30) days; or the attachment, execution - 19 - or other judicial seizure of all or substantially all of Company's assets located at or on the Premises or of Company's interest in this Lease, where such seizure is not discharged within thirty (30) days. (e) A violation by Company of the Franchise Agreement or of Town Ordinance No. 323. (f) Three understatements of Gross Annual Revenues by Company by more than two percent (2%), as set forth in Section 15. 13.2 Remedies. In the event of any material default or breach by Company, Town may at any time thereafter, with or with- out notice or demand, and without limiting Town in the exercise of any right or remedy which Town may have by reason of such default or breach: (a) Terminate Company's right to possession of the Premises by any lawful means, in which case this Lease shall terminate and Company shall immediately surrender possession of the Premises and Improvements to Town. In such event, Town shall be entitled to recover from Company all damages incurred by Town by reason of Company's default including, but not limited to, the cost of recovering possession of the Premises and Improvements, expenses of reletting, including necessary renovation and altera- tion of the Premises and Improvements, reasonable attorneys' fees, the worth,at the time of the award of the unpaid rent that had been earned at the time of termination of this Lease, and the worth at the time of award of the amount by which the unpaid rent for the balance of the term after the time of such award exceeds the amountof such rental loss for the same period that Company proves could be reasonably avoided. (b) Maintain Company's right,to possession, in which case this'Lease shall continue in effect whether or not Company shall have abandoned the Premises. In such event Town shall be entitled to enforce all of Town's rights and remedies under this Lease, including the right to recover rent as it become due hereunder. (c) Pursue any other remedy now or hereafter available to Town under the laws or judicial decisions of the State of California. 13.3 No Relief From Forfeiture After Default. Company waives all rights of redemption or relief from forfeiture under California Code of Civil Procedure §§ 1174 and 1179, and any other present or future law, in the event Company is evicted or Town otherwise lawfully takes possession of the Premises by reason of any default or breach of this Lease by Company. - 20 ARTICLE 14 TOWN'S LIABILITY The term "Town" as used herein shall mean the Town only while the Town is the owner of the fee title of the Premises. In the event of any transfer of such title or interest, the Town (and in case of any subsequent transfer, then the grantor) shall be relieved from, after the date of such transfer, all liability as respects its obligations thereafter to be performed, provided that any funds in the hands of Town at the time of such transfer, in which Company has an interest, shall be delivered to the Town's grantee. ARTICLE 15 INSPECTION OF COMPANY RECORDS Company shall keep at its principal office, true and complete records and accounts of all Gross Annual Revenues, as defined in Section 3.25 of Town Ordinance No. 323, and Company agrees to give Town access during normal business hours to such records and accounts. Company agrees that it will keep and preserve for at least three (3) years after the end of each. calendar year all records and accounts of all Gross Annual Revenues. Town shall have the right, at any time, and from time to time and upon reasonable notice, to audit the books of account, and any other related documents, including, but not limited to bank statements, documents, records, returns, invoices, papers and files of Company relating to,the Gross Annual Revenues of Company. On request by Town, Company shall make all such materials available for examination at the Company's principal office. If such an audit discloses that the Gross Annual Revenues shown by Company's statement have been understate4l by more than two percent (2%), then Company shall pay to Town the .cost of such audit. Town's right to have such an audit with respect to any calendar year shall expire three (3) years after Company's statement for such year has been delivered to Town. It shall be considered a default under this Lease if there should be more than three (3) such audits during the term of this Lease which reveal an understatement of Gross Annual Revenues by Company by more than two percent (2%). ARTICLE 16 INTEREST ON PAST -DOE OBLIGATIONS Except as expressly herein provided, any amount due to Town not paid when due shall bear interest at the lesser of twelve percent (12%) per year or the maximum rate then allowable by law from the date due. - 21 - C ARTICLE 17 HOLDING OVER If Company remains in possession of the Premises or any part. thereof after the expiration of the term or option term hereof, such occupancy shall be a tenancy from month to month with all the obligations of this Lease applicable to the Company and at a monthly rental obligation of two (2) times the per month rental obligation in effect at the time of expiration. The rental obligation for purposes of this Section shall include Base Rent, Extension Rent, and Percentage Rent, as adjusted. ARTICLE 1S TOWN'S ACCESS Town and Town's agents shall have the right to enter the Premises at reasonable times, upon request, for the purpose of 'inspecting the same, showing - the same to prospective purchasers, lenders,. or lessees, and making such alterations, repairs, improvements or additions to the Premises as Town may deem necessary. Town may at any time place on or about the Premises any ordinary "For Sale" signs and Town may at any time during the last 120 days of the term hereof place on or about the Premises any ordinary ".For Lease" signs, all without rebate of rent or liability to Company. ' ARTICLE 19 OUIET.POSSESSION Upon Company's paying the rent for the Premises and observing and performing all of the covenants, conditions and provisions on.Company's part to be observed and performed hereunder, Company shall have quiet possession of the Premises for the entire term hereof -subject to all of the provisions of this Lease.. ARTICLE 20 EASEMENTS Town reserves to itself the right, from time to time,to grant such easements, rights and dedications that Town deems necessary or desirable, and to cause the recordation of parcel maps and restrictions, so long as such easements, rights, dedications, maps and restrictions do not materially interfere with the use of the Premises by Company. Company shall sign any of the aforementioned documents upon request of Town and failure to do so shall constitute a material breach of this Lease. 22 - ARTICLE 21 GENERAL PROVISIONS 21.1 Severability. The invalidity of any provision of -this Lease as determined by a court of competent jurisdiction, shall in no way affect the validity of any other provision hereof. 21.2 Time of Essence. Time is of the essence of this Lease. 21.3 Additional Rent. Any monetary obligations of Company to Town under the terms of .this Lease shall be deemed to be rent and all references herein to "rent" shall be deemed to include the Base Rent and all other sums paid or payable by Company to Town hereunder. 21.4 Entire Agreement. Modification. This Lease -contains all agreements.of the parties with respect to any matter mentioned,herein. %No.prior agreement or understanding pertaining to any such matter shall be effective. This Lease may be modified in writing only, signed by the parties in interest at the time of the modification. 21.5 No Warranty. Except as otherwise stated in this Leasej Company hereby acknowledges that neither the Town nor any employees or agents of the Town has made any oral or written warranties or representations to Company relative to the condition or use by Company of said Premises and Company acknowledges that Company assumes all responsibility regarding the Occupational Safety and Health Act, the legal use and adaptability of the Premises and compliance with all applicable laws and regulations in effect during the term of this Lease. 21.6 Notices. Any notice required or permitted to be given hereunder,'.including a Notice to Pay Rent or Quit, or. Notice to Terminate, shall be in writing and may be given by personal delivery or by certified mail, and if given personally or by mail., shall be deemed sufficiently given if addressed to Company or to Town at the address noted below: COMPANY: Pacific Sun Cable Partners, L.P. c/o Sun West Cable, Inc. 5976 W. Las Positas Blvd. 1202 Pleasanton, CA 94566-4088 Attention: David Kinley, President TOWN: Town of Los Altos Hills 26379 Fremont Road Los Altos Hills, CA 94022 Attention: City Manager Each notice shall specify the paragraph of this Lease, if any, pursuant or with reference to which it is given. Either party may by notice to the other specify a different address -or contact - 23 - 41 r person for notice purposes. A copy of all notices required or Permitted to be given to Town hereunder shall be concurrently transmitted to such party or parties at such addresses as Town may from time to time hereafter designate by notice to Company. Notice given under this section shall be deemed in compliance with applicable statutory notice requirements, including Code of Civil Procedure Section 1162 and Civil Code Section 1953. 21.7 Waivers. No waiver by Town or Company of any provision hereof shall. be deemed a waiver of any other provision hereof or of any subsequent breach by Town or Company of the same or any other provision. Town's consent to, or approval of, any act shall not be deemed to render unnecessary the obtaining of Town's consent to or approval of any subsequent act by Company. The acceptance of rent hereunder by Town shall not be a waiver of any preceding breach by Company of any provision hereof, other than the failure of Company to pay the particular rent so accepted, regardless of Town's knowledge of such preceding breach at the time of acceptance of such rent. 21.8 Cumulative Remedies. No remedy or election under this Lease shall be deemed exclusive but shall, wherever possible, be cumulative with all other remedies at law or in equity. 21.9 Binding Effect: Choice of Law. Subject to any provi- sions hereof restricting assignment or subletting by Company and subject to the provisions of Section 12, this Lease shall bind the parties, their personal representatives, successors and assigns. This Lease shall be governed by the laws of the State of California applicable to leases entered into, and to be wholly performed, within the State. The language of all parts of this Lease shall be construed with its fair meaning and not strictly for or against the Town or Company. 21. 10,. Conditions to Effectiveness of Lease. The approval of the City Council of Town constitutes an express condition precedent to the effectiveness of this Lease. 21.11 Attorneys' Fees. If either party brings an action to enforce the terms hereof or declare rights hereunder, the prevailing party in any such action, on trial or appeal, shall be entitled to its reasonable attorneys' fees and court costs to be paid by the other party. 21.12 Authority. Each individual executing this Lease on behalf of Company and Town represents and warrants that he or she is duly authorized to execute and deliver this Lease on behalf of said party. 21.13 Captions. The captions used herein are for conveni- ence only and are not a part of this Lease and do not in any way amplify the terms or provisions hereof. - 24 - 21.14 Memorandum of Lease. Within ten (10) days of the approval by the parties of the survey, pursuant to Section 4.5, Company shall execute and acknowledge a Memorandum of Lease and Easement prepared by Town. Town shall promptly record the Memorandum in the County Recorder's Office. IN WITNESS WHEREOF, the parties have executed this Lease on the dates set forth below. ATTEST: a City Clerk APPROVED AS TO FORM: �4 City.Attorney PB\MAS\14949018.W50 "TOWN" OF LOS ALTOS HILLS CBy::. 403ar .Dated: "COMPANY" PACIFIC SUN CABLE PARTNERS, L.P. By: Sun West Cable, Inca Its: General Partner By; David D. Kinley, President Dated: ols-4- - 25 - Ul I U W U' Z Z F- v �1- W, 3 �� I w t J W W w Z lam` m .V •t C7 W Z O r Fc 1 t U - m 3 W r W i W co X W + gg I � i f � N 110, 6' w m N Lr U W H z = w S co w _ ¢ Z LL 3 /0 J I U W U' Z Z F- W W tg �. O O J W U 0 C7 H Z O r I I � � 4. . i'` � �I ' ,