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8/11/2019 Wicomico High School Site Lease Part 2
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29. ESTOPPELCERTIFICATES:
Within no more than two weeks after written request by either party, the other will execute,
acknowledge, and deliver a certificate stating:
a. that
the Lease is unmodified and in full force and effect, or, if this Lease is modified,
the way in which it is modified accompanied by a copy of the modification agreement;
b.
the date to which rental and other sums payable under this Lease have been paid;
c. that no notice has been received of any default which has not been cured, or, if the
default has not been cured, what such party intends to do
in
order to effect the cure, and when it will do
so;
d. (if from Lessee) that Lessee has accepted and occupied the Leased Premises;
e. (if from Lessee) that Lessee has no claim or offset against Lessor, or,
if
it does, staling
the date of the assignment and assignee (if known to Lessee); and
f.
other factual matters as may be reasonably requested.
Any certificate may be relied upon by any prospective purchaser, lender or other person with a bona
fide interest in the Leased Premises.
30. NOWAIVER:
No waiver of any condition or agreement in this Lease by either Lessor or Lessee will imply or
constitute a further waiver by such party of the same or any other condition or agreement. No act or
thing done by Lessor during the term of this Lease will be deemed an acceptance of surrender of the
Leased Premises, and no agreement to accept the surrender will be valid unless in writing signed by
Lessor. The delivery of Lessee's keys to Lessor will not constitute a termination of this Lease unless
Lessor has entered into a written agreement to that effect. No payment by Lessee, or receipt from
Lessor, of a lesser amount than the rent or other charges stipulated in this Lease will be deemed to be
anything other than a payment on account of the earliest stipulated rent. No endorsement or statement
on any check or any letter accompanying any check or payment as rent will be deemed an accord and
satisfaction. Lessor will accept the check for payment without prejudice to Lessor's right to recover
the balance of the rent or to pursue any other remedy available to Lessor.
31. AUTHORITY:
Each of the persons executing this Lease on behalf of Lessee warrants lo Lessor that Lessee is a
duly organized and existing limited partnership under Delaware law, that Lessee is authorized to do
business in the State of
Maryland,
that Lessee has full right and authority to enter into this Lease, and
that each and every person signing on behalf of Lessee is authorized to do so. Upon Lessor's request,
Lessee will provide evidence satisfactory to Lessor confirming these representations.
Lessor and the person executing and delivering this Lease on Lessor's behalf each represents
and wan-ants to Lessee that such person is duly authorized to so act and has the power and authority to
enter into this Lease; and that all action required to authorize Lessor and such person to enter into this
Lease has been duly taken.
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32. LIMITED LIABILITY:
Lessee's sole recourse against Lessor, and any successor to the interest of Lessor in the Leased
Premises, is to the interest of Lessor, and any successor, in the Leased Premises. Lessee will not have
any right to satisfy any judgment which it may have against Lessor, or any successor, from any other
assets of Lessor, or any successor, or from any of Lessor's board members, staff, officers, agents,
servants, employees, volunteers, business invitees, customers, or guests. The provisions of this Section
are not intended to limit Lessee's right to seek injunctive relief or specific performance.
33. RECORDATION:
Lessee may record, at Lessee's expense, a memorandum or short form hereof in the forrn
attached hereto as Exhibit E.
34. ENTIRE AGREEMENT
This Lease plus the Exhibits hereto contain the entire agreement between the parties and may
not be amended, altered
or
otherwise changed except by a subsequent writing signed
by
the parties
to
this Lease.
35. EXHIBITS
Attached to this Lease and made a part hereof are the following exhibits:
Exhibit A:
Exhibit A 1:
Exhibit
A-2:
Exhibit B
Exhibit
C:
Exhibit D:
Exhibit E:
Description of Site
Description of Leased Premises
Tower Profile
Appurtenant Easements
Hazardous Materials Activities
Financing Terms
Memorandum of Agreement
[Signature
Page
and Exhibits to Follow]
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IN WITNESS WHEREOF
the parties hereto execute this Site Lease in two parts on the latest
date indicated.
LESSOR:
WICOMICO COUNTY BOARD OF EDUCATION,
a
body corporate and politic of the State of Maryland
. \~.< ' ' P d~;s;zvvvv&::.,.l.? 4>- . .YD
I -
Ed D As s i s t ant Super i nt enden
f or Adm ni s t r at i ve
Services
LESSEE:
MILESTONE TOWER LIMITED PARTNERSHIP-III, a
Delaware limited partnership
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EXHIBITS A, A-1, A-2 and B to
LEASE
[Attached)
26
8/11/2019 Wicomico High School Site Lease Part 2
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