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GROUND LEASE - RIDGE VIEW COMMONS II
City of Pleasanton
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GROUND LEASE - RIDGE VIEW COMMONS II
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8/22/2024 1:40:57 PM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
6/1/2024
LONG TERM AGREEMENTS - NAME
GROUND LEASE - RIDGE VIEW COMMONS II
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
LOC IN RC II FOLDER
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of the Leased Premises or any part thereof, shall relieve Lessee of any of its obligations to <br />indemnify and defend the Indemnitees pursuant to the provisions of this Lease, and all such <br />provisions, and all of Lessee's accrued liabilities and obligations hereunder, shall survive such <br />expiration, termination or repossession. <br />(g) No Wai% cr. Except to the extent that Lessor may have agreed in writing, <br />no waiver by Lessor of any breach by Lessee of any of its obligations, agreements or covenants <br />hereunder shall be deemed to be a waiver of any subsequent breach of the same or any other <br />covenant, agreement or obligation, nor shall any forbearance by Lessor to seek a remedy for any <br />breach by Lessee be deemed a waiver by Lessor of its rights or remedies with respect to such <br />breach. <br />Section 12.3 Default by Lessor. <br />(a) Events of Default. Lessor shall be in default of this Lease if it fails to <br />perform any Lessor obligation hereunder, and such failure is not cured within sixty (60) days <br />after Lessee provides written notice of the default to Lessor. If the default cannot reasonably be <br />cured within sixty (60) days, Lessor shall not be in default if Lessor commences to cure the <br />default within such 60 -day period and diligently and in good faith continues to cure the default <br />until completion. <br />(b) Right to Cure; Lessee's Remedies. If a Lessor default remains uncured <br />beyond the expiration of the applicable cure period, Lessee, at its election, but without obligation <br />therefor (i) may seek an order for specific performance, (ii) without releasing Lessor in whole or <br />in part from Lessor's obligations hereunder, Lessee may cure the default at Lessor's cost <br />provided that Lessee has provided Lessor with sixty (60) days advance written notice of Lessee's <br />election to do so and Lessor has not within such time notified Lessee that Lessor will cure the <br />default, and/or (iii) may terminate this Lease, subject to any required consent of the Lenders. <br />Section 12.4 Notices. Notices given by Lessor under Section 12.1 or by Lessee under <br />Section I) shall specify the alleged default and the applicable Lease provisions, and shall <br />demand that Lessee or Lessor, as applicable, perform the appropriate provisions of this Lease <br />within the applicable period of time for cure. No such notice shall be deemed a forfeiture or <br />termination of this Lease unless expressly set forth in such notice. <br />ARTICLE 13. <br />UIET ENJOYMENT AND POSSESSION: INSPECTIO <br />Section 13.1 Quiet Enjoyment. Lessor covenants and warrants that Lessee, upon <br />payment of all sums herein provided and upon performance and observance of all its covenants <br />herein contained, shall peaceably and quietly have, hold, occupy, use and enjoy, and shall have <br />the full, exclusive and unrestricted use and enjoyment of, all of the Leased Premises during the <br />Term, subject only to the provisions of this Lease and all applicable Legal Requirements. <br />Section 13.2 Lessor's Right of Inspection. Notwithstanding Section 13.1 above, <br />Lessor, in person or through its agents, upon reasonable prior notice to Lessee, shall have the <br />right, subject to the rights of Tenants, to enter upon the Leased Premises for purpose of <br />34 <br />4859-3312-3005v5 <br />
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