Commercial Lease

Commercial Lease -...

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http://contracts.corporate.findlaw.com/land/ca/1797.html [original pagination left in body of text; page numbers also added at bottom of reformatted pages for convenience] DUPLICATE ORIGINAL SINGLE TENANT INDUSTRIAL LEASE ------------------------------ Effective Date: December 4, 1995 (The date set forth below Landlord's signature.) BASIC LEASE INFORMATION ----------------------- Landlord: CATELLUS DEVELOPMENT CORPORATION, a Delaware corporation Landlord's Address For Notice: 1065 N, PacifiCenter Drive, Suite 200 Anaheim, CA 92806 Attn: Asset Management Telephone: (714) 630-8100 (714) 630-8100 Fax: (714) 237-7416 Landlord's Address For Payment of Rent: File #53694 Los Angeles, CA 90074-3694 Tenant: MOHAWK INDUSTRIES, INC., a Georgia corporation Tenant's Address P.O. Box 2208 ----------------------------------- For Notice: Dalton, CA, 30722 ----------------------------------- Attn: JACK SHARPE ----------------------------- Telephone: 706-277-1100 706-277-1100 ------------------------ Fax: 706-277-1440 ------------------------------ Project: 16400 Trojan Way Building: Approximately 220,000 rentable square feet as shown in Exhibit A.
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--------- Building Address: Street: 16400 Trojan Way City and State: La Mirada, CA 90638 Lot: The tax parcel on which the Building is located. Term: Sixty (60) months Estimated Commencement Date: September 1, 1996 Base Rent Per Month: Seventy Four Thousand Eight Hundred Dollars ($74,800.00) Security Deposit: None Broker: Lee & Associates Lease Year: Shall refer to each three hundred sixty-five (365) day period during the Term commencing on the Commencement Date and on each anniversary thereof. Permitted Uses: Warehousing and distribution of carpet and no other uses shall be permitted without the prior written consent of Landlord. (i)
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EXHIBITS A - Building/Lot - Premises B - Work Letter B-I - Space Plan C - Commencement Date Memorandum D - Insurance Certificate E - Prohibited Uses F - Correction Items G - Estoppel Certificate The Basic Lease Information set forth above and the Exhibits attached hereto are incorporated into and made a part of the following Lease. Each reference in this Lease to any of the Basic Lease Information shall mean the respective information above and shall be construed to incorporate all of the terms provided under the particular Lease paragraph pertaining to such information. In the event of any conflict between the Basic Lease Information and the provisions of the Lease, the latter shall control. LANDLORD (ILLEGIBLE) AND TENANT (JV) AGREE. ------ ------ initial initial X (ii)
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Table of Contents ----------------- <TABLE> <CAPTION> Page <S> <C> 1. PREMISES ...................................................... 1 1.1 Premises ................................................ 1 1.2 Reserved Rights ......................................... 1 2. TERM .......................................................... 1 2.1 Lease Term and Commencement Date ........................ 1 2.2 Possession .............................................. 1 3. RENT .......................................................... 2 3.1 Rent .................................................... 2 3.2 Late Charge and Interest ................................ 2 3.3 Intentionally Omitted ................................... 2 4. UTILITIES ..................................................... 2 5. TAXES ......................................................... 2 5.1 Real Property Taxes ..................................... 2 5.2 Personal Property Taxes ................................. 3 6. TRIPLE NET LEASE .............................................. 3 7. INSURANCE ..................................................... 3 7.1 Landlord ................................................ 3 7.2 Tenant .................................................. 3 7.3 General ................................................. 4 7.4 Indemnity ............................................... 4 7.5 Exemption of Landlord from Liability .................... 5 8. REPAIRS AND MAINTENANCE ....................................... 5 8.1 Landlord ................................................ 5 8.2 Tenant .................................................. 5 8.3 Roof - Repair and Replacement ........................... 6 8.4 Condition of the Premises ............................... 6 9. ALTERATIONS ................................................... 6 9.1 Trade Fixtures; Alterations ............................. 6 9.2 Damage; Removal ......................................... 6 9.3 Liens ................................................... 6
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10. USE ........................................................... 7 11. ENVIRONMENTAL MATTERS ......................................... 7 11.1 Hazardous Meterials ..................................... 7 11.2 Indemnification ......................................... 7 11.3 Landlord's Disclosure ................................... 8 11.4 Storage Tank Removal .................................... 8 12. DAMAGE AND DESTRUCTION ........................................ 8 12.1 Casualty ................................................ 8 12.2 Tenant's Fault .......................................... 8 12.3 Uninsured Casualty ...................................... 9 12.4 Waiver .................................................. 9 13. EMINENT DOMAIN ................................................ 9 13.1
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