complete and fully executed Internal Revenue Service Form W-9, or equivalent, in a form acceptable to
LESSEE, for any party to whom rental payments are to be made pursuant to this Agreement; and (iii)
other documentation requested by LESSEE in LESSEE’s reasonable discretion. From time to time
during the Term of this Agreement and within thirty (30) days of a written request from LESSEE,
LESSOR agrees to provide updated Rental Documentation in a form reasonably acceptable to LESSEE.
The Rental Documentation shall be provided to LESSEE in accordance with the provisions of and at the
address given in Paragraph 25. Delivery of Rental Documentation to LESSEE shall be a prerequisite for
the payment of any rent by LESSEE and notwithstanding anything to the contrary herein, LESSEE shall
have no obligation to make any rental payments until Rental Documentation has been supplied to
LESSEE as provided herein, LESSEE acknowledges and agrees that the executed W-9 attached to this
agreement as Exhibit “C” is sufficient Rental Documentation for these purposes.
erest-of
i j in, LESSEE shall have no obligation to make any rental
payments to any such assignee(s), transferee(s) or other successor(s) in interest ef LESSOR-until Rentat
Project-Gests,-defined-aboveL ESSEE has received Rental Documentation in the manner set forth in the
preceding para ntil s eceipt, LESSEE shall continue to pay rent to LESSOR.
4, EXTENSIONS. This Agreement shall automatically be extended for four (4) additional
five (5) year terms unless LESSEE terminates it at the end of the then current term by giving LESSOR
written notice of the intent to terminate at least six (6) months prior to the end of the then current term.
5. EXTENSION. RENTALS. During the initial term and all subsequent extensions under
Paragraph 4 above, or Paragraph 6 below, the annual rental will increase on each yearly anniversary of the
Commencement Date in an amount equal to enetwo percent (4-92,0%) of the previous year’s annual rent,
6. ADDITIONAL EXTENSIONS. If at the end of the fourth (4th) five (5) year extension
term this Agreement has not been terminated by either Party by giving to the other written notice of an
intention to terminate it at least three (3) months prior to the end of such term, this Agreement shall
continue in force upon the same covenants, terms, and conditions for a further term of five (5) years and for
five (5) year terms thereafter until terminated by either Party by giving to the other written notice of its
intention to so terminate at least three (3) months prior to the end of such term. The initial term and all
extensions shall be collectively referred to herein as the “Term”.
7. TAXES. LESSEE shall have the responsibility to pay, po later than the due date, any
personal property, real estate taxes, assessments, or charges owed on the Property which-LESSoR.
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