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HomeMy WebLinkAboutLeaseLEASE THIS LEASE has been made effective as of January1, 2006, between THE AV.S, INTERNATIONAL GROUP, INC„ a Florida Corporation, of 3555 NW 33Td Street, Miami, Florida 33142 ("Landlord'), and THE CITY OF MIAMI, a Florida Municipality, of P,O. Box 0 1153 1, Miami, (h) "Rent" means Base Rent, Additional Rent and all other amounts or charges payable by Tenant under any provision of this Lease, all of which shall be deemed payable by Tenant in consideration of the demise of the Premises, Florida33101("Tenant"), _ (i) "Taxes" means all ad valorem real estate and personal property taxcs'tind sssessrr►ents (gcneral-or special) -of - In consideration of the mutual undertakings contained in Ails Lease, and intending to be legally bound, Landlord and Tenant agree as follows: AW,rjCLFs I - Definitions 1.1 Definitions, When used in this -Lease, the following defined terms shall carry the definitions which follow them, unless the context clearly indicates to the contrary.' (a) "Additional Rent" means all amounts or charges payable by Tenant under any provision of this Lease, except Base Rent (as defined below). (b) "Building" means the building in which the Premises are located. (c) "Common Areas" means the driveways, parking areas, hallways, restrooms, lawns, sidewalks and other areas of the Property designated by Landlord from time to time for the common use and enjoyment of the tenants of the Property, (d) "Insurance" means all casualty, liability, rental, business interruption and other insurance maintained by Landlord with respect to the Property. (e) "Lease" means gross lease in which the Base Rent is the exclusive charge to the Tenant by the Landlord and no other costs incurred by Landlord, such as ad valorem real estate taxes and/or property insurance premiums, are passed on to the Tenant. (f) "Premises" means that space in the Property situated in the City of Miami, County of Dade, and State of Florida, and know and described as follows: Certain warchou a storage sales and office space, located at ]rich consists of approximately 2, sre eat an whrc are depicted on the attached Exhibit A, located in a multi -tenant Building located on land legally described in Exhiblt B. (g) "Property" mean the real estate described on Exhibit B attached to this Lease, ail easements; and appurtenances to it and all improvements and installations located or to be located on it, as the same may be modified, altered, expanded or reduced from time to time, every kind and nature and other or similar charges levied or billed by any governmental unit during the Term in respect of the Property, or any part of the'Property. ARTICLE 2 - Demise of Premises; Possession 211 Demise of Premises; Term, (a) Landlord leases the Premises to Tcnorit, and Tenant hires the Premises from Landlord, on the terms and subject to the conditions contained in this Lease, for a one- year term commencing on January 1, 2007 ("Commencement Date"), and ending at midnight on December 31, 2007, unless t'enewed or sooner terminated as provided in this Lease ("Termination bate"), . '(b) So long as Tenant shall not then be in Aefeull under this Lease, Tenant shall have the option to renew the term of this Lease for five (5) one-year renewal terms, Tenant may renew this Lease by giving Landlord written notice of renewal at least sixty (60) days, In advance of expiration of the term then in effect. Base Rent for any renewal terms beginning in 2D08 and 2009 will remain the same as the initial base rent. If Tenant elects to renew the Lease for 2010, 2011 or 2017, Landlord shall have the right in each instance to increase Base Rent. If Landlord and Tenant do not mutually agree upon any increase in Base Rent (as evidenced by city commission approval), the Lease will not renew and will expire on the next Termination Date, Other than Base Rent, all other terms and conditions or the Lease will remain in effect without amendment during any renewal terms. The initial term together with any renewal terms are collectively the "Term," (o) Landlord reserves the right to install, maintain, use, repair and replace pipes, duct work, wires and the like through the Promises. Landlord shall use its best efforts to make all such installations and perform all work related to such activities so as ' to avoid unreasonable interference with or interruption of the business operations of Teniia 2,2 Use of Promises, (a) Tenant covenants to use and occupy the Premises for the purposes set forth below, and for no other purpose, except with,Landlord's prior written consent, which may be withheld by Landlord in its sole discretion: For the storage of Tenant's equipment and materials only and related t r; - access by Tenant as needed for the storage or removal of such equipment and materials, subject to Article 1 1 of this Lease. obligations directly paid or incurred by Landlord as a result of Tenant nu longer being exempt from Florida State Sales Tax. (b) Tenant shall not use the Premises, or permit • 3.2 . Porsonal Property Taxes, 'l'enant shall pay, the Premises to be used, in a manner that constitutes a before any penalty or interest attaches, all personal properly violation of any applicable law, order', ordinance or regulation taxes levied or assessed against Tenant's personal property --' - or that may be dangerous• nor shall Tenant -commit any waste -- _.---and shall, upon -request, furnish -to-Landlord.-evidence.of in fhb Premises, or permit any objectionable noise or odor to payment, be emitted, or permit anything to be done on the Premises tending to create a nuisance or disturb others. 2.3 Possession. Possession of the Premises shall be deliverod to Tenant on the Commencement Date, but if for any reason beyond Landlord's reasonable control, Landlord is unable to deliver possession of the Premises to Tenant on the Commencement Date, then the Commencement Date shall be delayed until Landlord can deliver possession, and as Tenant's solo remedy, Rent shall abate until possession is delivered. If Landlord delivers and Tenant takes possession of the Premises prior to the Commencement Date, then all terms and conditions of this Lease shall apply upon such delivery, but Rent shall be prorated for the initial partial -calendar month, 2.4 Condition of Premises; Representations, .Except as Landlord and Tenant may otherwise ngtoe in writing, Tenant's entry into possession shall constitute conclusive evidence against Tenant that it has inspected the Premises and found them to be in good order and satisfactory condition at the time of entry and that Tenant has accepted the Premises in their then "as is" condition. Tenant represents that it has inspected the Premises, and shall accept the same. Except as'expressly set forth in this Lease, neither Landlord nor Landlord's agents have made any representations or promises with respect to. the physical condition of the Premises or any other matter pertaining to the Premises or Property. 2,5 Quiet Enjoyment, Landlord covenants and agrees with Tenant that upon Tenant`s paying the Rent and observing and performing all the terms, covenants and condJdons to be. performed. and observed, Tenant may peaceably and quietly enjoy the Promises leased, ARTICLE 3 - Rent and Other Charges 3.1 Base Rent. Tenant shall pay to Landlord rent for the Term ("Base Rent"), plus any initial partial calendar month, at a monthly rate of One Thousand Eight Hundred Thirty Three Dollars 33/10D Dollars ($1,833.33). Subject to Section 3.5 below, each monthly installment of Base Rent shall be payable in advance on or before the first day of each calendar month daring the Term at such place as the Landlord shall from time to time designate. Hese Rent for any partial calendar month shall be .prorated, Tenant represents that it is exempt from Florida State Sales Tax (Exemption 02308330380540, Expiring October 2007). Tenant shall pay or reimburse Landlord for all liabilities and 3.3 Utilities, Landlord shall provide the Premises with gas, electric, water and sewer utility services which shall be separately metered, with Tenant paying directly to the utility provider the utility expenses incurred by Tenant, Landlord shall not be liable for any such utility expenses incurred by Tenant. Tenant shall subscribe for and pay the cost of any telephone or communication services to the Premises which it desires. Landlord shall install an air conditioner in the Premises, and Tenant shall maintain the air conditioner throughout the Term, 3.4 Additional Rent, All taxes, charges, costs, and expenses which Tenant is expressly required to pay under this Lease, and all costs and expenses which Landlord may incur by reason of any default of Tenant or the failure by Tenant to comply with the Lease terms shall be deemed to be Additional Rent, and unless otherwise specified in this Cease, shall be payable within ten (10) days after Landlord's written demand for them, and in the event of nonpayment by Tenant, Landlord shall have nil ofthe rights and remedies with respect to them as Landlord has for the nonpby neni of the Base Rent, 3.5 Interest on Rent. Rent which is not paid within five (5) days of the date due shall bear interest from the date due until paid at a rate equal to the lesser of twelve percent (12%) per annum or the highest amount permitted by law, The psyment of such interest shall not excuse or cure any default by Tenant under this Lease. ARTICLE 4 - Preparation or the Premises 4,1 Tenant's Work, Any alterations, improvements, additions, physical changes, sign installations or other worst necessary or desirable to place the Premises in a condition suitable for Tenant's business purposes from time to time during the Term ("Tenant's Work") shall be performed in a good and workmanlike manner by or for Tenant at Tenant's sole cost and expense. No construction or installation by Tenant shall begin until Landlord has consented to the work in writing, and approved the plans and contractors for them, which approval shall not be unreasonably withheld or delayed. Tenant's Work shall fully conform to all applicable statutes, ordinances, regulations and codes, Tenant shall place no signs on the Premises.or Property without Landlord's prior written consent, which may be withheld in Landlord's sole discretion, All Landlord's Work and all leasehold improvements made by Tenant which are affixed to the Premises and cannot be removed without damages to the Premises shall be the property of Landlord, r,l7 4.2 Lien Waivers. If applicable, tenant shall . ARTICLE b - Covenants; Landlord's Lien notify Landlord upon completion of Tenant's Work in accordance with approved plans. Simultaneously with such 6.1 Laws, Ordinances and General Conditions, --written- notice, Tenant -shall furnish- Landlord-- with. _proper__..__.-_ Tonertt_..at.its .oxpenso_.. shall. ..comply_-promptly_with_.all _taws, sworn statements and lien waivers from all persons ordinances, orders and regulations affecting -its use or performing work on or supplying materials to the Premises, occupancy of the Premises or any alterations it has made to the and a certificate of occupancy .issued by the appropriate Premises, governmental authority. 4.3 Covenant Against Liens. Nothing in this Lease shall authorize Tenant to, and Tenant shall not, do any act which will in any way encumber the title of Landlord in and to the Premises, nor shall the interest or estate of Landlord in the -Premises be in any way subject to any claim whatsoever by virtue of any act or omission of Tenant. Any claim to a lien upon the Premises arising from any act or omission of Tenant shall be valid only against Tenant and shall in all respects be subordinate to the title and rights of Landlord, and any person claiming through Landlord, in and to the Premises. ARTICLE 5 - Repairs 5.1 Repair and Maintenance of Premises. Except to the extent such duties are expressly made the obligation of Landlord under this Article, Tenant shall at Its expense keep and maintain the Premises, all mechanical systems serving the Premises (including air conditioning equipment) and any improvements it has made to the Premises and its trade fixtures and personal property in the Premises, in a good and clean operating condition. Landlord shall keep and maintain the walls, windows, doors and ceilings of the Premises and the mechanical systems of the Building serving Cham in good operating condition. Landlord shall maintain the portion of the Property located outside of the Premises, including lighting for the parking area. Landlord shall also pay for normil garbage disposal servicing the Premises. 5.2 Damage by Tenant. Landlord may recover fzom Tenant the entire cost of any repairs by Landlord inade nocessnry by the tortious acts or neglects of Tenant or its agents, contractors, employees or invitees, except to the extent that Landlord is reimbursed for such costs under any policy of insurance, 5.3 Structural Repairs. Landlord shall keep the foundation, roof, exterior walls, all load bearing portions of the Premises in good repair rhroughow the Term. Landlord shall be neither liable nor responsible for any loss that may accrue to Tenant or Tenant's business by reason of Landlord's actions in fulftlling its obligations under this Section, so long as Landlord acts reasonably to minimize interference with Tenant's use of the Premises. Landlord shall not be required to make any other improvements or repairs - of any kind upon the Premises. 6,2 Tenant's Taxes. Tenant shall pay, prior to delinquency, all taxes, special assessments, and other charges of any kind due -and payable during the Term which are levied with respect to Tenant's personal -property located on or in the Prerriises, the leasehold estate, or any sublease estate under the Lease, including any and all taxes imposed by the United States of America, or any state, municipality, or political subdivision of any of them., Tenant is not obligated to pay any taxes for which it is.legaily exempt as a Florida Municipality, 6.3 Landlord`s Lien. To secure the payment of all moneys due under this Lease, Tenant grants to Landlord a security interest in all personal property of Tenant located in the Premised and any and all rents from Tenant's subtenants or assignees, if any. Contemporaneous with the execution of this Lease, and at such other times as Landlord may request, Tenant agrees to execute and deliver to. Landlord financing statements and such other documents as may be required to perfect lite security interest granted in this Section. ARTICLE 7 -Damage to Premises; Eminent Domain; • Indemnity; Insurance 7.1 15estruction--Fire or Other Cause. (a) If the Premises shall be rendered untenantable by fire or other casualty, Landlord shall (so long ns the insurance proceeds are in an amount sufficient to fund a complete restoration, and Landlord's morlgagec.permils them to be so applied) restore them and make them tenantable as soon as possible, Landlord shall advise Tenant if such insurance proceeds, together with such sums as Landlord is willing to commit, are insufficient to restore the Premises. If such funds are insufficient, Tenant may terminate -this Lease by notifying Landlord within ten (10) days after Landlord's notice of insufficiency. Except iri the rose of damage caused by Tenant or its agents, employees, contractors, guests or licensees whore lost rentals are not covered by insurance, Bese Rent shall abate during the period of untenantability in proportion to the area of the Premises rendered untenantable, All such restoration required 'to be performed by landlord shall be completed within one hundred eighty (180) days of settlement with Landlord's insurance carriers or Tenant shall, as its sole remedy, be entitled to terminate this Lease, (b) Tenant shall immediately notify Landlord of the occurrence of a fire or other casualty at the Premises and shall at its expense restore or replace its personal property, fixtures and tenant improvements. 7.2 Eminent Domain, Irall or any material part - —of- the--Premises--or-- Common— Areas --shall --be-taken --or------_ condemned by any competent authority for any public use or purpose, the Tam shall, at the option of Landlord, end as of the date of the actual taking, If the Premises may not reasonably be used for the purpose contemplated by the Lease following any taking, Tenant may terminate this Lease, In either case, there shall be no apportionment to Tenant of any portion of the award or damages for such taking, but Tenant shall be entitled to any funds awarded It for moving expenses or business interruption. This Lease shall otherwise remain in full force and effect without apportionment to Tenant of any portion of the award or damages. in the event of a termination pursuant to this Section, Base Rent shall be prorated to the (a) 'terminate this Lease, repossess the Premt,;cs date of such tatting. in accordance with the provisions of Section 8.2 of this Lease and be entitled to recover immediately, as liquidated agreed final damages, in lieu of any further deficiencies, the total &mount due to be paid by Tenant during the balance of the Term of this Leese, less the fair rental value of the Premises for the period. covenants or conditions which Tenant is required to observe and perform under this Lease for a period of thirty (30) days following written notice of such failure, or if the Interest of Tenant in this Lease shall be levied upon under execution or other legal process, or if any petition shall be filed by or against 'Tenant in a court of bankruptcy, or if Tenant shall be - declarad_insolvent .according. to. law, or .make an asai.gnmeni- for the benefit of creditors, or if Tenant shall dissolve, die or become legally incompetent, or If Tenant shall vacate or abandon the Premises or cease to operate its business in the Premises, then Landlord may, but need not, treat the occurrence of any one or more of the foregoing events as a breach of this Lease, and thereupon may, at its option, without any further notice or demand of any hind to Tenant or any other person, have any one or more of the following described remedies in addition to all other rights and remedies provided at law or in equity: 7.3 Tenant's -Property; insurance. Tenant shall bring or keep property upon the Premises solely at its own risk, and Landlord shall ndt under any circumstances be liable for any damages to the property or any destruction or theft of the property. Tenant is self-inspred as a Florida municipality and has sufficient self-insurance. Tenant waives al) right of recovery which it might 'otherwise have against Landlord and its agents, employees, customers, invitees, guests or licensees, for any damage to Tenant's property which is Tenant's responsibility, notwithstanding that such damage may result 'from the negligence or fault of Landlord or its agents, employees, customers, invitees, guests, or licensees. Any deductible amount included in amb policy shall be trea(ed as though it were recoverable under the policy. 7A Insurance. By this section, and by the applicable portions of Section 7.3 above, Landlord and Tenant intend that the risk of loss or damages as described shall be borne by responsible insurance carriers to the extend provided. (a) Landlord shall insure the Premises against loss or damage under a policy or policies of all risk casualty insurance, in such amount and with such coverages as Landlord deems necessary, (b) Tenant. sha11 maintain workers' compensation coverage covering all of its employees to at least the statutory limit set forth under Florida law. ARTICLE 8 - Default and Remedies; Termination and Surrender (b) - . Terminate Tenant's right of possession and repossess the Premises without demand or notice of any kind to Tenant and without terminating this Lease, in which case Landlord should re)et all or any part of the Premises for such rent and upon such terms as shat) be reasonably satisfactory to Landlord. For the purposes of such reletting, landlord may make such repairs, alterations, additions, or physical changes in or to the Premises as may be reasonably necessary or convenient If Landlord shall fail despite its efforts to relet the Premises, then Tenant shall pay to Landlord as damages the total amount due to be paid by Tenant during the balance'of the Term of this Lease monthly, as such amounts become due. If the Premises are relet and a'suffrcient sum shall not be raalized from the reletting, after payment of all costs and expenses of such repairs, alterations, additions or physical changes and the expense of such reletting and the collection of rent occurring therefrom, to satisfy the Rent herein provided to be paid during the remainder of the Term, Tenant shall saii-ify and pay any such deficiency upon demand. Tenant agrees that Landlord may file suit to recover any sums falling due undur the terms of this subscetion. (c) Have specific performance of Tenant's obligations, 8.2 Termination; Surrender of Possession, 8.1 Landlord's Remedies, If Tenant shall fail to (a) Upon the expiration or termination of this make any payment of any Rent due under this Lease for a Lease, whether by lapse of time, operation of law or pursuant period of ten (J 0) days following 'the date when due, or if to the provisions of this Lease, Tenant shall; default shall continue in the performance of any of the other W Restore the Premipes to their condition at the beginning of, the Term (other than as contemplated by Section 4.1 above), ordinary wear and tear excepted, remove all of its personal property, elcclronie equipment and trade fixtures from the Premises and repair any damage caused by such removal; (ii) Surrender possession of lite Premises to Land lord; and (iir7 ' Upon the request of Landlord, al Tenant's cost and expense, remove from the exterior -and interior of the Premises all -fixtures and signs, symbols and trudetnur s which are connected with or associated specifically with Tenant's business and repair any damages to the Premises caused by such removal, (b) If Tenant shall fait or refuse to restore the Premises as provided above, Landlord may do so and recover its cost for so doing, If Tenant shall fail or refuse to comply with Tenant's duty to remove all personal property and trade Fixtures from the Premises upon the expiration or termination of this Lease, the parties hereto agree and stipulate that Landlord may, at its election: (i) treat such failure or refusal as an offer by Tenant to transfer title to such property to Landlord, in which event the title to it shall pass under this Les$e as a bill of sale; or (ii) treat such failure or refusal as. conclusive evidence, on which Landlord shall be, entitled to rely absolutely, that Tenant has forever abandoned such property, In either event, Landlord may, with or without accepting title to the property, keep or remove, store, destroy, discard, or otherwise dispose of all or any part of such property in any manner that Landlord shall choose without incurring liability to Tenant or to any other person. In no event shall Landlord ever become or be charged with the duties of a .bailee of any property of Tenant. The failure of Tenant to remove any property from the Premises shall forever bar Tenant from bringing any action or asserting any liability against Landlord with respect to any property which Tenant tails wrumove. (c) This Lease shall cease at the end of the Term without the necessity of notice fi•om either Landlord or Tenant to terminale. If Tenant shall fail to or refuse to surrender possession of the Premises to Landlord upon termination or expiration of rhe Term, Landlord' may immediately, without notice, reenter the Premises and dispossess all persons and effects therefrom, using such force as may be necessary. Landlord shall also be entitled to such other remedies as may be provided it by law or in equity, 8,3 ' holding Over. ff Tenant continues to possess and use the Premises after expiration of the Term with Landlord's consent, Tenant shall become a tenant from month to month. Such tenancy shall be upon the same terms and conditions specified in this Lease for the period immediately prior to such holding over, except that such holdover shall be at one hundred ten percent (110%,) of the Base Rent for the period immediately prior to such- holding over, and the holdover shall continue until either party terminates the tenancy by a1 least thirty (30) days' prior written notice to the other of.such intention to terminate. r _____.._.__8._4_ Assignment. and _.Subletting.. -Tenant. not, without the prior written consent of Landlord (which 'consent Landlord may withhold in its We discretion), assign this Lease or any interest under this Lease (whether as security for an obligation or otherwise); permit any assignment of this Lease by operation of law; sublet the Premises or any part of them; or permit the use of the Premises 'by any party other than Tenant and its employees. 8.5 Remedies Cumulative. The failure of either party to enforce any covenant or condition of this Lease shall not be deemed a waiver of the covenant or condition or of the right of either party to enforce each and every. oovonant and condition of this Lease. No provision of this Lease shall be deemed to have been waived unless such waiver shall be in writing and signed by the person against whom the waiver is claimed, All rights and remedies of each party under this Lease shall be cumulative, and none shall exclude any other rights or remedies allowed by law. 8.6 Expenses of Enforcement; Peri'ormance by Landlord. Each party shall bear its own attorney's fees in any. action arising under this Lease. If Tenant shall fail to perlbrin any of its obligations under this Lease, Landlord may wilhout further notice• than that provided in Sedition 8.1 above perform such obligations. If Landlord incurs any costs in connection with its -performance, they shall be paid by Tenant to Landlord upon demand as Additional Rent. 8.7 Tenant's Remedies, Tenant may bring an Action. against Landlord for any claim Temaril may have against Landlord under this Lease, provided Tenant shall first give written notice of the claim to Landlord and shall -afford Landlord a period of thirty (30) days following written notice of such claim (except that if such default cannot be cured within the thirty (30) day period, this period shall be extended for a reasonable additional time not to exceed thirty (30) more days, provided that Landlord promptly coiamencea to cure - such default and proceeds diligently thereafter to effect such cure). ARTICLE 9 - Access to Premises 9.1 Access to Premises by Landlord. Upon giving one (I) day's prior notice (or in the event of emergency), Landlord shall have the right to enter upon the Premises at all reasonable business hours for the purpose of inspecting them, preventing waste, loss or destruction, enforcing any of its rights or powers under this Lease, or making such repairs or alterations as it is obligated to make under the terms of this Lease at which Landlord may elect to perform, following Tenant's failure to do so. Landlord shall Substance .if the Hazardous Substance released was not be' neither liable nor responsible for any loss to Tenant or introduced to the Premises by, the Tenant,, its subtenants, Tenant's business which may occur by reason of such entry, so contractors, employees, agents, or invitees, and Tenant had no long as Landlord acts reasonably to minimize interference knowledge of its presence prior to the release; and (iii) the use with Tenant's use of the Premises. Throughout the Term; of a Hazardous Substance in a limited quantity necessary for Landlord shall have the right to enter t_he Premises al the operation or maintenance of office equipment in the reasonable hours on reasonable notice fbr the purpose of --- ordinary course of the business or Tenant. Tenant also agrees showing them to prospective purchasers or mortgagees and, that, in Ilia operation of its business from the Premises, it shall during the last six months of the Term, to prospective tenants, comply with all federal, state and local laws, regulations and If Tenant is not present to open and permit an entry into the ordinances for the protection of the environment, Tenant shall Premises, Landlord or Landlord's agents may enter the same not install on the Premises any underground tahks for the whenever such entry may be reasonably necessary or storage of petroleum products, chemicals or other liquids, or permissible by master key (or in emergencies forcibly). In no install or store on the Premises any asbestos, whether or not event shall the obligations of Tenant under this Lease be friable, or-urea formaldehyde foam insulation, affectbd by any such entry, Landlord shall not unreasonably interrupt Tenant's quiet enjoyment of the Premises. ARTICLE 10 -Use of Common Areas 10.1 Use of Common Areas. Landlord grants to Tenant the nonexclusive right to use the Common Areas solely for the purposes for which they were designed, subject to the following conditions: (a) The Common Areas may also be used by anyone also to whom Landlord has or may in the future grant the right to use them; (b) Tenant shall make no use of the Common Areas which would intetfere'in any way with the use of the Common Areas by any other person; (c) Landlord shall have the right from time to time to close, repair and modify the Common Areas, to change the location or character of them, and to adopt rules and regulations pertaining to them, but in doing so Landlord shall use reasonable efforts to avoid any unreasonable interference with the business operations of Tenant; and (d) Tenant and its employees shalt park their vehicles in those portions of the parking areas designated for that purpose by Landlord. )0,2 Maintenance and Control. ,Landlord shall maintain, operate and control the Common Areas, ARTICLE 11 -.Environmental Matters 11.1 Environmental Malters, •(a) Tenant agrees that during the torn of this Lease no use, generation, release, manufacture, production, processing, treatment, storage or disposal of any Hazardous Substances,(as defined below) on or from the Premises shall occur, except: (1) as specifically disclosed to and first approved by Landlord in writing, which approval shall not be unreasonably withheld (ii) any release of a Hazardous (b) Tenant agrees to notify Landlord immediately of'any disposal of a Hazardous Substances on or near the Premises, of any discovery of a Hazardous Substance on or near the Premises, and of any notice received from a governmental authority or private party alleging or suggesting that a disposal of a Hazardous,Subsiance on or near the Promises may have occurred, as soon as Tenant becomes aware of any such igformation or notice, Furthermore; Tenant agrees to provide to Landlord full and complete access to any documents or information in Tenant's possession or control relevant to the question of generation, release, manufacture, production, processing, treatment, storage .or disposal of a Hazardous Substance on or neat the Premises. (c) In the event that an environmental review discloses that the Promises contain any such Hazardous Substance, and the Hazardous Substance arose as a result of any act or omission by Tenant, its subtenants, contractors, employees, agents or invitees, Tenant shall immediately, at its sole cos( and expense, commando and pursue diligently to completion all.corrective action required to both (i) bring the Premises into compliance with applicable environmental laws, regulations, ordinances and court interpretations and orders, acrd (ii) reasonably satisfy Landlord that the Hazardous Substance has been removed to the extent reasonably possible, In the event any of the Hazardous Substance remains, Tenant's liability for the removal of the same shall continua indefinitely, and Landlord may by written notice to Tenant require Tenant to perform further remediation efforts if in the future (iii) applicable laws, regulations, ordinances or court interpretations or orders change in such a manner as to make the concentration of Hazardous Substance illegal, or (iv) remediation technology changes in such a manner that it becomes possible to successfully remediate more of the Hazardous Substance, (d) "hazardous Substance" shall mean (1) any hazardous substance as that term is defined in the Comprehensive Environmental Response, Compensation and Liability Act ("CERCLA"), 42 U.S.C, 9601 et seq, as amended, (ii) any hazardous waste or hazardous substance as those terms are now or hereafter defined in any local, state or federal law, regulation, ordinance or court interpretation or connection with this Lease. Landlord indemnifies and agrees order applicable to the Premises, (iii) petroleum products, to hdld harmless 'Tenant, and at Tenant's option defend including, without limitation, crude oil or any fraction thereof, Tenant, from and against any and a)) liabilities, including, or (iv) any other substance now or hereafter declared to be without limitation, reasonable attorneys' fees, arising from a hazardous or toxic under .(he common law, claim by. any broker claiming through Landlord. Tenant indemnifies and agrees to hold harmless Landlord, and at ARTICLZ I Z • Miscellaneous -------- ---- Landlord's -option defend Landlord, -from and against any and --- all liabilities, including, without limitation, reasonable 12.1 Notices, All notices, bills or statements required under this Lease shall be in writing and shell be deemed to have been given if either delivered personally or mailed by certified or registered mail to the addresses as set forth above.' The addresses specified for notices may from time to time be changed by the written notice of one party to the other. 12,2 invalidation; Amendment, The invalidation of one or more terms of this Lease shall not affect the validity of the remaining terms. This Lease ropresenis the entire agreement between the parties, No oral or written prior or contemporaneous agreements shall have any force or effect, and the Lease may not be amended, altered or modified unless done so by means of a written instrument signed by both parties, 12.3 • Subordination; Attornment; Estoppel Corti ficate, (a) This Lease shall, at the option of Landlord or its lenders, be subject and subordinate to the interest of the holders of any notes secured by mortgages on the Premises, now or in the future, and to all ground or underlying leases and to all • renewals, modifications, consolidations, replacements and extensions of such mortgages or leases, (b) If the ground or underlying lessor and/or mortgagee or any successor in Interest shall succeed to the rights of Landlord under this Lease, whether through possession, surrender, assignment, subletting, judicial or tbrcclosure action, or delivery of a deed or otherwise, Tenant will attom to and recognize such successor -landlord as Tenant's landlord and the successor -landlord will accept such atwmment and recognize Tenant's rights of possession and use of the Premises in accordance with the provisions of this Lease. This clause shall be self -operative and no further Instrument of attornment or recognition shall be required. 12.4 Successors and Assigns. The covenants, conditions, and agreements contained in this Lease shall bind and inure to the benefit of Landlord and Tenant and, except to the extent prohibited by Section 8.4 above, their respective successors and assigns, 12.5 Real Estate Brokers. The parties to this Lease represent and warrant to one another that there are no real estate brokers or other agents involved in this transaction and no broker's or finder's fees or commissions are payable in attorneys'- fees, arising from a claim by any broker claiming through Tenant, 12,6 Accord and Satisfaction. -No payment by Tenant or receipt by Landlord of n lesser amount than the monthly rent stipulated in this Lease shali be deemed to be other than on account of the earliest stipulated rent, nor shall any endorsement or statement on any check or any letter accompanying any check or payment as rent be deemed an accord and satisfaction, and Landlord shall accept such chock or payment without prejudice to Landlord's right to recover the Valance of such rent or to pursue. any other remedy in this Lease as provided, 12,7 Radon Gras. Radon is naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time, Levels of radon that excaed federal and state guidelines have been found in buildings in Florida. Additional Information regarding radon and radon testing may be obtained from your county public health unit. The foregoing paragraph has been included in this Lease solely for the purpose of complying with Section 004.056, Subparagraph (8), of the Florida Statutes, as same may be amended from time to time. Neither Landlord nor Tenant acquire any rights, assume any obligations, or incur any, liabilities of any ldnd whatsoever, either directly or htdirectly, as a result of the inclusion of the above paragraph. This Loose has boon signed as of the date set forth above, THE A,'V,S, INTERN ,TIONAL GROUP, INC. Signa PrintName Title Title APPROVED AS TO LEGAL FORM: CITY A 0 Y, CITY OF MIAMI Signaty e Jorge L. Vernande'z Print Name Title City Attorney APPROVED AS TO INSURANCE UQUIRM ENTS: 10GD8GN Risk snag nc A uistratox A ED TO ZY: RZSCIla A. THOMPSON, CITY CLmm