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Resolution 2015-69
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Resolution 2015-69
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Last modified
3/12/2021 4:13:23 PM
Creation date
10/8/2015 8:04:30 AM
Metadata
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City Council Records
Also Known As (aka)
City Shops Lease 2015 Human Movement (2 agreements?)
Doc Type
Resolution
Signed Date
10/6/2015
Ord/Res - Year
2015
Ord/Res - Number
69
Property Address Number
1501
Property Address Street Name
Empire
Cross-Reference
Agreement Lease 95.040 Leases
pka City Shops Facility
Original Hardcopy Storage
7D6
Record Series Code
45.160
Record Series Name
Resolutions
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RES 2015-69
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days thereafter, the parties shall enter into a written contract of sale in a form approved by the <br />Colorado Real Estate Commission expressly including and incorporating all of the terms of the <br />third party offer made to the LANDLORD, except as the parties may mutually agree. Within <br />three (3) days after the full execution of the Colorado Real Estate Commission contract, the <br />TENANT shall deposit an earnest money check with a mutually agreed upon title company in <br />the amount contained in the third party offer, to be applied to the purchase price. If the <br />TENANT, after receiving notice of the third party offer, fails to exercise its right of first refusal <br />to purchase the Premises subject to that offer, within the allotted ten (10) business day period, <br />TENANT's right of first refusal to purchase the Premises subject to that offer shall terminate and <br />TENANT shall thereafter have no further right to purchase the Premises subject to that offer, it <br />being the parties' express intent that TENANT's right of first purchase shall be a one-time right <br />only, irrespective of whether the Premises are sold to the third party pursuant to the offer <br />submitted by the third party and accepted by the LANDLORD. <br />23.13 SUCCESSORS. All rights and liabilities herein given to or imposed upon the <br />parties hereto shall inure to the benefit of and be binding upon their respective heirs, executors, <br />administrators, successors and assigns and, except as may be otherwise set forth herein, if there <br />shall be more than one TENANT, they shall all be bound jointly and severally by the terms, <br />covenants and agreements herein. No rights, however, shall inure to the benefit of any assignee <br />of TENANT unless such assignment has been approved by LANDLORD in writing as provided <br />elsewhere in this Lease. <br />23.14 BROKERAGE. Each party represents that no brokers, finders or similar fee or <br />commission is due in connection with this Lease and each party hereby agrees to indemnify and <br />hold the other harmless from any claim, cost or expense (including reasonable attorneys fees <br />whether suit be brought or not) resulting from any claims made by or through such party for a fee <br />or commission. <br />23.15 COUNTERPARTS. This Lease may be executed in counterparts; each <br />counterpart constitutes a complete and binding agreement but all of such counterparts, taken <br />together, form one and the same agreement. <br />19 <br />
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