Onvia Space from Lease Agreement
THIS TERMINATION OF LEASE AGREEMENT (this "Agreement"), is made as of this 27th day of July, 2007 by and between BLUME YALE LIMITED PARTNERSHIP, a Washington limited partnership (hereinafter referred to as "Landlord") and ONVIA, INC., a Delaware corporation, f/k/a Onvia.com, Inc., a Washington corporation (hereinafter referred to as "Onvia" or "Tenant"). The recitals that follow incorporate the terms defined in Section 1 of this Agreement.
Onvia Space. Notwithstanding anything to the contrary set forth in the Onvia Lease, Tenant shall have no duty or obligation to remove any improvements, cabling or wiring installed in the Onvia Space, nor repair or restore the Onvia Space upon termination of the Onvia Lease, it being the understanding of Landlord, Onvia and Foundation that the Onvia Space shall be surrendered to Landlord by Tenant in their then current "as is" condition. Onvia's obligations obligations to Foundation regarding the condition of the Onvia Space shall be the subject matter of a separate agreement between Foundation and Onvia.