Fillable Colorado Commercial Lease Agreement Form (Page 5 of 9) in pdf

Colorado Commercial Lease Agreement Form Page 5

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Parking.

During the term of this Lease, Tenant shall have the non-exclusive use in

common with Landlord, other tenants of the Building, their guests and

invitees, of the non-reserved common automobile parking areas, driveways,

and footways, subject to rules and regulations for the use thereof as

prescribed from time to time by Landlord. Landlord reserves the right to

designate parking areas for Tenant and Tenant's agents and employees.

Tenant shall provide Landlord with a list of all license numbers for the cars

owned by Tenant, its agents and employees.

Building Rules.

Tenant will comply with the rules of the Building adopted and altered by

Landlord from time to time and will cause all of its agents, employees, invitees

and visitors to do so; all changes to such rules will be sent by Landlord to

Tenant in writing. The initial rules for the Building are attached hereto as

Exhibit "A" and incorporated herein for all purposes.

Damage and Destruction.

If the Leased Premises or any part thereof or any appurtenance thereto is so

damaged by fire, casualty or structural defects, such damage or defects not

being the result of any act of negligence by Tenant or by any of Tenant's

agents, employees or invitees, that the same cannot be used for Tenant's

purposes, then Tenant shall have the right within ninety (90) days following

damage to elect by notice to Landlord to terminate this Lease as of the date of

such damage. In the event of minor damage to any part of the Leased

Premises, and if such damage does not render the Leased Premises

unusable for Tenant's purposes, Landlord shall promptly repair such damage

at the cost of the Landlord. In making the repairs called for in this paragraph,

Landlord shall not be liable for any delays resulting from strikes, governmental

restrictions, inability to obtain necessary materials or labour or other matters

which are beyond the reasonable control of Landlord. Tenant shall be relieved

from paying rent and other charges during any portion of the Lease term that

the Leased Premises are inoperable or unfit for occupancy, or use, in whole

or in part, for Tenant's purposes. Rentals and other charges paid in advance

for any such periods shall be credited on the next ensuing payments, if any,

but if no further payments are to be made, any such advance payments shall

be refunded to Tenant. The provisions of this paragraph extend not only to the

matters aforesaid, but also to any occurrence which is beyond Tenant's

reasonable control and which renders the Leased Premises, or any

appurtenance thereto, inoperable or unfit for occupancy or use, in whole or in

part, for Tenant's purposes.

Colorado Commercial Lease Agreement Form Page 5

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