Rent and Utilities. Lessee shall pay rent during the Term of this Lease Agreement in the amount of Twelve Hundred and No/100 Dollars ($1,200.00) annually, due and payable on or before the last day of each calendar year plus other valuable consideration. Lessee shall pay the cost of all utilities or other services consumed in its operations hereunder and shall, maintain the Leased Premises in its current condition, reasonable wear and tear excepted, repair and replace all electrical, mechanical, ventilation and other systems required hereunder and shall provide, at its expense, all electric lamps or tubes, air conditioning or heating filters, and any other expendable or consumable supplies or items necessary for its purposes hereunder. Lessee acknowledges and agrees that City shall have no liability for blackouts, brownouts, or any other cessation, interruption, or failure of the utilities. In the event Lessee shall cease operations for a period of ninety (90) days or more (though excluding any period for repairs described in Section 26 of this Lease Agreement), City may declare that the remaining rental payments of the outstanding Term are immediately due and owing.
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Samples: Cooperative Endeavor Lease Agreement, Cooperative Endeavor Lease Agreement, Cooperative Endeavor Lease Agreement
