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  2. Board Of Aldermen - Agenda - 11/28/2017 - P11

Board Of Aldermen - Agenda - 11/28/2017 - P11

By dnadmin on Sun, 11/06/2022 - 21:54
Document Date
Tue, 11/28/2017 - 00:00
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 11/28/2017 - 00:00
Page Number
11
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__112820…

LEASE AGREEMENT

THIS LEASE AGREEMENT made between the City of Nashua, 229 Main Street, Nashua, NH
(“LANDLORD”), and Absolute Broadcasting LLC, 141 Main Street
Nashua NH 03060, (“LESSEE”).

WHEREAS, LANDLORD is the owner of the building at 1 Pine Street Extension, Nashua, NH
(“Property”), which is not immediately required by the LANDLORD;

WHEREAS, the LANDLORD took possession of the building on the Property on December 7,
2016 following a landlord/tenant possessory proceeding pursuant to RSA Chapter 540 in the 9
Circuit, District Division — Nashua, City of Nashua v. Ultima Nashua Industrial Corp., Case
No.: 459-2016-LT-00276,

WHEREAS, upon inspection after possession, LANDLORD discovered radio transmission
equipment in the Property, which equipment belongs to LESSEE;

WHEREAS, LESSEE has requested to keep its radio transmission equipment in the Property and
wishes to lease the portion of the Property which houses the equipment on an “as is” basis; and

WHEREAS, LANDLORD is willing to comply with said request, provided that LESSEE, as a
condition to the occupancy of said premises, joins in the execution of this LEASE
AGREEMENT for the purpose of accepting each and every condition herein set forth during the
occupancy of said premises by the LESSEE.

NOW, THEREFORE, THIS LEASE AGREEMENT WITNESSETH THAT:
1. DEMISE OF THE PREMISES

1.01. For and in consideration of the rent and the mutual covenants hereinafter
stated, and the acceptance by the LESSEE of each and every term and condition herein set forth,
the LANDLORD hereby leases and demises to the LESSEE a portion of the Property which is
located at

1 Pine Street Extension, Nashua, New Hampshire and also described as Lot 77-30
on the City of Nashua’s Assessing Map. The leased premises consist of an
enclosed area on the building’s roof approximately 8 /% feet wide by 13 feet long.
Total square footage of the leased premise is 110 % (“Premises”). The Premises
includes the enclosure structure itself, including the walls, windows, roof, and
door.

Page Image
Board Of Aldermen - Agenda - 11/28/2017 - P11

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