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  2. Finance Committee - Agenda - 2/3/2021 - P9

Finance Committee - Agenda - 2/3/2021 - P9

By dnadmin on Mon, 11/07/2022 - 13:48
Document Date
Fri, 01/29/2021 - 12:12
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 02/03/2021 - 00:00
Page Number
9
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__020320…

FIRST AMENDMENT TO 14 COURT STREET LEASE FOR UNIT B

This First Amendment to the 14 Court Street Lease for Unit B (hereinafter “Lease”),
dated as of the latter of the signatures below, is by and between the City of Nashua, a
municipality incorporated in the State of New Hampshire, having a mailing address of 229 Main
Street, Nashua, County of Hillsborough, New Hampshire 03061 (hereinafter “Lessor”) and
Liquid Therapy, LLC, a New Hampshire limited liability corporation, with a business address of
5 New Haven Drive, #201, Nashua, New Hampshire 03063 (hereinafter ‘““Lessee”’).

WHEREAS, Lessor and Lessee entered into a 14 Court Street Lease for Unit B on July 1,
2018 (hereinafter “Lease”’), whereby the Lessor granted to the Lessee certain nghts in regard to a
portion of the property located at 14 Court Street, Nashua, New Hampshire (hereinafter “Lease
Area’’);

WHEREAS, the Term of the Lease is July 1, 2018 through June 30, 2023; and

WHEREAS, the Parties wish to amend certain terms and conditions in the Lease.

NOW, THEREFORE, in consideration of the foregoing and other good and valuable
consideration, the receipt of which is hereby acknowledged, Lessor and Lessee agree as follows:

1. Delete the existing Section 8 “Utilities”, and replace it with the following new Section 8:

8. UTILITIES

Access to electricity, water, sewer, and gas service on the Lease Area and Associated
Outdoor Area are available. The Lessee will have the capacity to connect to these
utilities. Electric, water, sewer, and gas use by the Lessee will be tracked by submeters,
and the Lessee will pay for its use of these services starting July 1, 2021. The cost for
installation of the submeters will be borne by the Lessor. The Lessee is responsible for

obtaining telephone, data, and any other telecommunications and internet connections

Page Image
Finance Committee - Agenda - 2/3/2021 - P9

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