Fillable Colorado Commercial Lease Agreement Form (Page 8 of 9) in pdf

Colorado Commercial Lease Agreement Form Page 8

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time and to the extent therein stated. One or more waivers by Landlord or

Tenant shall not be construed as a waiver of a subsequent breach of the

same covenant, term or condition.

Memorandum of Lease.

The parties hereto contemplate that this Lease should not and shall not be

filed for record, but in lieu thereof, at the request of either party, Landlord and

Tenant shall execute a Memorandum of Lease to be recorded for the purpose

of giving record notice of the appropriate provisions of this Lease.

Headings.

The headings used in this Lease are for convenience of the parties only and

shall not be considered in interpreting the meaning of any provision of this

Lease.

Successors.

The provisions of this Lease shall extend to and be binding upon Landlord

and Tenant and their respective legal representatives, successors and

assigns.

Consent.

Landlord shall not unreasonably withhold or delay its consent with respect to

any matter for which Landlord's consent is required or desirable under this

Lease.

Performance.

If there is a default with respect to any of Landlord's covenants, warranties or

representations under this Lease, and if the default continues more than

fifteen (15) days after notice in writing from Tenant to Landlord specifying the

default, Tenant may, at its option and without affecting any other remedy

hereunder, cure such default and deduct the cost thereof from the next

accruing instalment or instalments of rent payable hereunder until Tenant

shall have been fully reimbursed for such expenditures, together with interest

thereon at a rate equal to the lesser of:

______ percent (%) per annum or the then highest lawful rate. If this Lease

terminates prior to Tenant's receiving full reimbursement, Landlord shall pay

the un-reimbursed balance plus accrued interest to Tenant on demand.

Compliance with Law.

Tenant and Landlord each shall comply with all laws, orders, ordinances and

other public requirements now or hereafter affecting the Leased Premises.

Colorado Commercial Lease Agreement Form Page 8

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