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GROUND LEASE
City of Pleasanton
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GROUND LEASE
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1/31/2011 2:27:29 PM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
6/1/1988
LONG TERM AGREEMENTS - NAME
GROUND LEASE
LONG TERM AGREEMENTS - TYPE
MISC AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06 (Long Term Agreements)
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
LONG TERM AGREEMENTS - NOTES
RIDGE VIEW COMMONS
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be renewed, extended or in any manner modified except in writing <br />signed by Lessor and Lessee. <br />30. Defaults and Remedies. (a) Any of the following shall <br />constitute a default by Lessee under this Lease: (i) default <br />shall be made by Lessee in the punctual payment of any Rent or <br />other moneys due hereunder and shall continue for a period of 10 <br />days after written notice thereof to Lessee (with a copy to <br />Mortgagees); (ii) default shall be made by Lessee in the <br />performance or observance of any of the other agreements, <br />covenants or conditions of this Lease, the Management Plan or the <br />Management Agreement on the part of Lessee to be performed and <br />observed and such default shall continue for a period of thirty <br />days after written notice thereof to Lessee (with a copy to <br />Mortgagees), or, in the case of a default which cannot be cured <br />by the payment of money and cannot with due diligence be cured <br />within 30 days, shall continue for an unreasonable period after <br />such written notice; (iii) Lessee shall abandon the Project; (iv) <br />Lessee shall admit in writing its inability to pay its debts <br />generally as they become due, file a petition in bankruptcy, <br />insolvency, reorganization, readjustment of debt, dissolution or <br />liquidation under any law or statute of the Federal government or <br />any state government or any subdivision of either now or <br />hereafter in effect, make an assignment for the benefit of its <br />creditors, consent to or acquiesce in the appointment of a <br />receiver of itself or of the whole or any substantial part of the <br />Project; (v) a court of competent jurisdiction shall enter an <br />order, judgment or decree appointing a receiver of Lessee or of <br />the whole or any substantial part of the Project, and such order, <br />judgment or decree shall not be vacated, set aside or stayed <br />within sixty days from the date of entry of such order, judgment <br />or decree; (vi) a court of competent jurisdiction shall enter an <br />order, judgment or decree approving a petition filed against <br />Lessee under any bankruptcy, insolvency, reorganization, <br />readjustment of debt, dissolution or liquidation law or statute <br />of the Federal government or any state government or any <br />C:GDLEASE.EHI -42- <br />
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