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HomeMy WebLinkAbout*AGMT - Under the Rainbow iv2b / 94° 014 LEASE EXTENSION 4 u THIS LEASE EXTENSION is entered into this 4- day Otio 1998, by and between the CITY OF SEAL BEACH ( "City ") and UNDER THE RAINBOW ( "Tenant "). 1. Article III, Section 3.1 of the Lease Agreement dated July 6, 1987 by and between the above parties is hereby amended to read: Section 3.1. Term. Subject to the terms, covenants, agreements and conditions herein contained, Tenant shall have and hold the Premises for a term commencing on the first day of January, 1998 and ending on the 31s day of December, 1999. 2. Section 4.1 of Article IV concerning minimum monthly rent is hereby amended by renumbering 4.1 as 4.1(a) and adding thereto a new subsection 4.1(b) to read as follows: (b) Periodic Adjustment. The minimum monthly rent described in section 4.1 (a) shall be adjusted September 1, 1996 and every year thereafter ( "the Adjustment Date ") as follows: The base for computing the adjustment is the Consumer Price Index for All Urban Consumers for the Los Angeles- Anaheim - Riverside metropolitan Area published by the United States Department of Labor, Bureau of Labor Statistics ( "Index "), which is published for May 1996 ("Beginning Index "). If the Index published for the second calendar month preceding the Adjustment Date ( "Extension Index ") has increased over the Beginning Index, the minimum monthly rent for the period until the next Adjustment Date shall be set by multiplying the minimum monthly rent states in section 4.1(a) by a fraction, the numerator of which is the Extension Index and the denominator of which is the Beginning Index. In no case shall the minimum monthly rent be less that the minimum monthly rent stated in section 4.1 (a). If the Index is changed so that the base year differs from that used for the Beginning Index, the Index shall be converted in accordance with the conversion factor published by the United States Department of Labor, Bureau of Labor Statistics. If the Index is discontinued or revised during the term, such other government index or computation with which it is replaced shall be used in order to obtain substantially the same result as would be obtained in the Index had not been discontinued or revised. 3. Except as amended above, the Lease Agreement shall remain in full force and effect as to all terms, conditions, and provisions as set forth in the original Lease Agreement dated July 6, 1987. CITY OF SEAL BEACH ,04,0.404 e ., *e 4v ef tg OR ATTEST: CITY CLERK UNDER the RAINBOW /' EP LEASE EXTENSION RIP THIS LEASE EXTENSION is entered into this °V- day of,.(/CGt0-i! 1996, • by and between the CITY OF SEAL BEACH ( "City ") and UNDER THE RAINBOW ( "Tenant "). 1. Article III, Section 3.1 of the Lease Agreement dated July 6, 1987 by and between the above parties is hereby amended to read: Section 3.1. Term. Subject to the terms, covenants, agreements and conditions herein contained, Tenant shall have and hold the Premises for a term commencing on the first day of January, 1996 and ending on the 31st day of December, 1997. 2. Section 4.1 of Article IV concerning minimum monthly rent is hereby amended by renumbering 4.1 as 4.1(a) and adding thereto a new subsection 4.1(b) to read as follows: (b) Periodic Adjustment. The minimum monthly rent described in section 4.1 (a) shall be adjusted September 1, 1996 and every year thereafter ( "the Adjustment Date ") as follows: The base for computing the adjustment is the Consumer Price Index for All Urban Consumers for the Los Angeles- Anaheim - Riverside metropolitan Area published by the United States Department of Labor, Bureau of Labor Statistics ( "Index "), which is published for November, 1995 ("Beginning Index "). If the Index published for the second calendar month preceding the Adjustment Date ( "Extension Index ") has increased over the Beginning Index, the minimum monthly rent for the period until the next Adjustment Date shall be set by multiplying the minimum monthly rent states in section 4.1(a) by a fraction, the numerator of which is the Extension Index and . the denominator of which is the Beginning Index. In no case shall the minimum monthly rent be less that the minimum monthly rent stated in section 4.1 (a). If the Index is changed so that the base year differs from that used for the Beginning Index, the Index shall be converted in accordance with the conversion factor published by the United States Department of Labor, Bureau of Labor Statistics. If the Index is discontinued or revised during the term, such other government index or computation with which it is replaced shall be used in order to obtain substantially the same result as would be obtained in the Index had not been discontinued or revised. 3. Except as amended above, said Lease Agreement shall remain in full force and effect as to all terms, conditions and provision as set forth in the original Lease Agreement dated July 6, 1987. CITY OF SEAL BEACH MAYOR ATTEST: CLT CLERK UNDER THE RAINBOW BY tr y 110 411 LEASE EXTENSION THIS LEAS EXTENSION is entered into this //itg day of , 1993, by and between the CITY OF SEAL ; ACH ( "Cir. ") a d UNDER THE RAINBOW DAY CARE ( "Tenant "). Article III, Section 3.1 of the Lease Agreement dated July 6, 1987 by and between the above parties is hereby amended to read: Section 3.1. Term. Subject to the terms, covenants, agreements and conditions herein contained, Tenant shall have an hold the Premises for a term commencing on the 1st day of January, 1993 and ending on the 31st day of December, 1995. Except as amended above, said Lease Agreement shall remain in full force and effect as to all terms, conditions, and provisions as set forth in the original Lease Agreement dated July 6, 1987. CITY OF SEAL BEACH ATTEST: .:< . ,City Clerk UNDER THE RAINBOW BY ik l,. alevja PLC) . 410 411 LEASE EXTENSION THIS LEASE EXTENSION is entered into this day of - 44:h.u..di , 1990, by and between the CITY OF EAL BEA "City ") and UNDER THE RAINBOW DAY CARE ( "Tenant "). Article III, Section 3.1 of the Lease Agreement dated July 6, 1987 by and between the above parties is hereby amended to read: Section 3.1. Term. Subject to the terms, covenants, agreements and conditions herein contained, Tenant shall have and hold the Premises for a term commencing on the 1st day of January, 1990 and ending on the 31st day of December, 1992. Except as amended above, said Lease Agreement shall remain in full force and effect as to all terms, conditions, and provisions as set forth in the original Lease Agreement dated July 6, 1987. CITY OF SEAL BEACH ATTEST: M yor y Clerk UNDER THE RAINBOW DAY CARE By ■m► • .L �Il. 411 111 LEASE THIS LEASE is entered into this day 1987, by and between the CITY OF SEAL BEACH ( na hereift "City"), and UNDER THE RAINBOW DAY CARE (hereinaft r ca led Cit Y all "Tenant "). ARTICLE I PREMISES Section 1.1 Leased Premises defined. City hereby leases to Tenant the real property described in Exhibit A, attached hereto, and all improvements and personal property now or hereafter located thereon (hereinafter called the "Premises ") for the term and upon all of the conditions and agreements set forth herein. Section 1.2 Condition of Premises. The Premises are accepted "as is" in their present condition. City makes no representation as to the condition of the Premises or their fitness for any purpose. ARTICLE II USE OF THE PREMISES Section 2.1 Permitted Use. The Premises may be used for a day care program to provide supervision and activities for children of preschool and elementary age. Section 2.2 Enrollment priority. Upon the creation of a vacancy in the day care center enrollment, new registrants shall be given priority based on the following order: (1) Resident children of the City of Seal Beach, (2) Children of persons who are employed by the City of Seal Beach, (3) All others. This clause shall only be used for new registrants. Individuals registered at the time this agreement takes effect, shall not be affected by the provisions of this section. Section 2.3 Compliance with Law and Regulations. Tenant shall comply promptly, and at Tenant's expense, with all applicable statues, ordinances, rules, regulations, orders and requirements regulating the use of the Premises. ARTICLE III TERM Section 3.1 Term. Subject to the terms, covenants, agreements and conditions herein contained, Tenant shall have and hold the • • Premises for a term commencing on the 1st day of January, 1987 and ending on the 31st day of December 1989. Section 3.2 Termination. The term of this Lease shall terminate upon the occurrence of any of the following events: (a) A default by Tenant (as defined in Section 10.1) and Lessor's election to terminate this Lease under Section 10.2 hereof. (b) The exercise by Tenant of its right to terminate this Lease under Section 8.2 hereof if the Premises are destroyed or substantially damaged. ARTICLE IV • RENT Section 4.1 Minimum Monthly Rent. Tenant shall pay to City as minimum monthly rent ( "Minimum Monthly Rent "), without deduction, setoff, prior notice, or demand, the sum of Two Thousand Dollars ($2,000.00), per month in advance on the first day of each month, commencing on the date the Term commences and continuing during the Term. Payment shall be made to: Finance Director, City of Seal Beach, 211 Eighth Street, Seal Beach, Ca 90740. Section 4.2 Percentage Rent. (a) Percentage. In addition to Minimum Monthly Rent, Tenant shall pay to City a sum ( "Percentage Rent ") equal to the difference of (i) Five Percent (5 %) of Tenant's Gross Revenues (as defined in Section 4.2(d)) during each Lease Year (as defined in Section 4.2(c)), less (ii) the aggregate Minimum Monthly Rent paid during that Lease Year. (b) Method of Payment. Percentage Rent shall be computed each Percentage Rent Period (as defined in Section 4.2(c)). On or before the tenth (10th) day of the calendar month immediately following the close of each Percentage Rent Period, Tenant shall pay to City the amount by which the sum computed as a percentage of Tenant's Gross Revenues during the Percentage Rent Period exceeds the Minimum Monthly Rent that Tenant has paid during the Percentage Rent Period under Section 4.1. Within thirty (30) days after the end of each Lease Year City shall determine the amount of Percentage Rent based on the Gross Revenues of Tenant during the Lease Year and the Sums paid to City as Minimum Monthly Rent and Percentage Rent. If Tenant has paid to City an amount of Percentage Rent greater than the Percentage Rent it is in fact obligated to pay for the Lease Year pursuant to Section 4.2(a), Tenant shall be entitled to an immediate refund of the excess. If Tenant has paid to City -2- s • an amount of Percentage Rent less than Tenant is required to pay, Tenant shall immediately pay the difference to City. (c) Percentage Rent Period; Lease Defined. A "Percentage Rent Period" is a calendar month. A "Lease Year" is a calendar year. (d) Gross Revenues Defined. "Gross Revenues" of Tenant means the gross fee charged for all services delivered in or from the Premises by Tenant, its permitted subtenants, licensees, or concessionaires, whether for cash or on credit (whether collected or not). Any transaction on an installment basis, or otherwise involving the extension of credit, shall be treated as a charge for full fee at the time the service is rendered. "Gross revenues" shall also include any sums the Tenant receives from the sale of any products or supplies to its customers ancillary to the provision of its basic service. "Gross Revenues" shall not include refundable deposits collected by Tenant from it customers or gift certificates, or similar vouchers, until such time as they shall have been converted into a sale by redemption. (e) Statement of Gross Revenues. Tenant shall furnish to City statements of Tenant's Gross Revenues within ten (10) days after the end of each month, and annual statements of Gross Revenues within thirty (30) days after the end of each Lease Year. Each statement shall be signed and certified to be correct by an officer of Tenant. Tenant shall keep full and accurate books of account, records, cash receipts, and other pertinent data showing its Gross Revenues. Such books of account, records, cash receipts, and other pertinent data shall be kept for a period of three (3) years after the end of each Lease Year. The receipt by City of any statement, or any payment of percentage rent for any period, shall not bind City as to the correctness of the statement or the payment. City shall be entitled during the Term and within three (3) years after Expiration or Termination of this Lease to inspect and examine all Tenant's books of account, records, cash receipts, and other pertinent data, so City can ascertain Tenant's Gross Revenues. Tenant shall cooperate fully with City in making the inspection. City shall also be entitled, once during each Lease Year and once after expiration or termination of this Lease, to an independent audit of pertinent data to determine Tenant's Gross Revenues, by a certified public accountant to be designated by City. The audit shall be limited to the determination of Gross Revenues and shall be conducted during usual business hours at the Premises. If the audit shows that there is a deficiency in the payment of any Percentage Rent, the deficiency shall become immediately due and payable. The costs of the audit shall be paid by City unless the audit shows that Tenant understated Gross Revenues by more than two percent (270, in which case Tenant shall pay all City's costs of the audit. • • ARTICLE V TAXES AND UTILITIES Section 5.1 Taxes. Tenant shall be responsible for and shall pay or cause to be paid before delinquency all municipal, country or state taxes, levies and fees of every kind and nature, including but not limited to general or special assessments, assessed during the term of this Lease against any leasehold interest, leasehold improvements or personal property of any kind owned by or placed in, upon or about the Premises by Tenant. Section 5.2 Utilities. Tenant shall pay all charges for gas, electricity, and other utility services used in the Premises during the Lease term (including hookup charges), whether or not such charges are billed directly to Tenant. The City shall not be liable in damages or otherwise for any failure or interruption of any utility service being furnished the Premises and no such failure or interruption shall- entitle Tenant to an abatement of rent or to terminate this Lease. ARTICLE VI MAINTENANCE, REPAIRS AND ALTERATIONS Section 6.1 City's Duties. City shall have no obligation of any kind or nature whatsoever with respect to the maintenance, repair, or restoration of the Premises or any improvements located thereon. Section 6.2 Tenant's Duties. (a) Maintenance and Repairs. Subject to the provisions of Article VIII pertaining to casualties, Tenant shall during the term of this Lease at Tenant's sole expense keep in a safe, clean, orderly, and sanitary condition, and in a state fit for the intended use the Premises and every part thereof. (b) Performance by City. If Tenant fails to perform its obligations under this Section 6.2, City may at its option, after thirty (30) days' written notice to Tenant (or without notice in the event of an emergency), enter upon the Premises and put the same in good order, condition and repair and the cost thereof shall become due and payable by Tenant t� Landlord upon demand. Any such entry shall not be deemed a forceable or unlawful entry or detainer of the Premises or an eviction. City shall not be -4- liable for any inconvenience, disturbance, business interruption, nuisance or other damage arising out of any such entry. Section 6.3 Tenant's Improvements. Tenant shall not make any alterations to the Premises without the prior written consent of City. Any alterations made shall remain on and be surrendered with the Premises on expiration or termination of the term of this Lease. If City so elects, Tenant at its cost shall restore the Premises to the condition existing on the date of this Lease, normal wear and tear excepted. If Tenant is not then in default of any provisions of this Lease, Tenant shall have the right to remove from the Premises immediately before the expiration of the term of this Lease, or with ten (10) days after termination of the term, any alterations Tenant has made to the Premises, as long as the removal will not • cause any structural damage to the Premises, and Tenant at its cost promptly restores any damage caused by the removal. ARTICLE VII INSURANCE AND INDEMNITY Section 7.1 Property Insurance. Tenant shall at all times during the term of this Lease, at its sole cost and expense, maintain in effect policies of insurance covering all improvements now or at any time during the term of this Lease located within or upon the Premises with a reputable insurance company or insurance pool for the full replacement cost of such improvements providing protection against any peril included within the classification "Fire and Extended Coverage ", vandalism and malicious mischief. Full replacement cost does not include the costs of excavation, foundations, and subsurface footings. Proceeds of such insurance shall be payable to City and Tenant as their interests may appear. Should Tenant be unable to secure property insurance, City shall attempt to provide property insurance. The cost of the property insurance shall be added to the minimum monthly rent. If the policy is a blanket policy, City's insurance agent shall determine in his reasonable judgment the portion of the total premium allocable to the Premises. Section 7.2 Liability Insurance. Tenant shall at all times during the term of this Lease, at its sole cost and expense, maintain in effect full comprehensive public liability insurance, with a single combined liability limit of $1,000,000 and property damage limits of not less than $200,000, insuring against all liability of Tenant and its authorized representatives arising out of or in connection with Tenant's use of the Premises. All public liability insurance and property damage insurance shall insure performance by Tenant of Tenant's indemnity obligations under this Lease. Both parties and the lessor under the Master Lease defined in Section 12.7 shall be named as additional -5- • • insureds, and the policy shall contain cross - liability endorsements." Section 7.3 Evidence. Copies of policies of such insurance or certificates evidencing such insurance shall be delivered to City by Tenant on or before April 15, 1987. No such policy shall be cancellable or the coverage reduced thereunder except after thirty (30) days' written notice to City. All insurance required to be maintained by Tenant shall be primary and non - contributing to other insurance available to City. Section 7.4 Non - Liability of City and Indemnity. The City shall not be liable for any loss of or damage to any improvements, fixtures, equipment, or property of any kind on, or about the Premises, or for injury or death to any person or persons from any cause arising at any time; nor shall City be in any way liable in case of any accident or injury to or, death of Tenant's servants, employees, agents, invitees or licensees, or to any person or persons on or about the Premises. Tenant agrees to defend and hold City free.and harmless from any and every nature on account of the death of or injury to any person or as a result of loss of or damage to any goods, wares, merchandise or property of any kind, arising out of, resulting from, or occasioned by the use, maintenance, operation, or occupancy or control of the Premises by Tenant or other persons claiming under Tenant or using the Premises with Tenant's express or implied consent. ARTICLE VIII DESTRUCTION, REPAIRS AND RESTORATION Section 8.1 Minor Damage. If at any time during the term of this Lease the Premises are damaged, and such damage is not "substantial" as that term is defined in Section 8.3, then Tenant shall promptly repair'such damage, at Tenant's expense to extent such damage is uninsured, and this Lease shall continue in full force and effect. Section 8.2 Substantial Damage. If at any time during the term hereof the Premises are destroyed or damaged and such damage is "substantial" as that term is hereinafter defined, then Tenant, at its option, may cancel and terminate this Lease as of the date of the occurrence of such damage, by giving the City written notice of its election to do so within thirty (30) days after the date of occurrence of such damage. In the event of such termination, Tenant shall pay to City prorated rent for the month computed from the first day of such month to the date of termination. If Tenant does not elect to terminate this Lease, Tenant shall promptly repair such damage, at Tenant's expense to the extent such damage is uninsured, and this Lease shall continue in full force and effect. No lease termination shall relieve Tenant of liability for uninsured damages to the premises -6- arising from Tenant's wilful misconduct or negligence or that of its agents or employees. Section 8.3 Definitions. For the purposes of this Article VIII, damage to the Premises shall be deemed to be substantial if the reasonable estimated cost of repair or restoration exceeds Five Thousand Dollars ($5,000.00). Section 8.4 Non - Responsibility of City. City shall have no obligation whatsoever to repair or restore the Premises. ARTICLE IX ASSIGNMENT AND SUBLETTING Section 9.1 Assignment and Subletting. Tenant shall not voluntarily or by operation of law assign or encumber its interest in this Lease or in the Premises, or sublease all or any part of the Premises, or allow any other person or entity to occupy or use all or any part of the Premises, without City's prior written consent. Any purported assignment, encumbrance or sublease without City's consent shall be voidable and, at City's election, shall constitute a default. No consent to any assignment, encumbrance or sublease shall constitute a further waiver of the provisions of this paragraph. A withdrawal or change, voluntary, involuntary or by operation of law, of any of Tenant's constituent partners, or the dissolution of Tenant, shall be deemed a voluntary assignment of this Lease for purposes of this Section 9.1. ARTICLE X DEFAULTS AND REMEDIES Section 10.1 Default Defined. The occurrence of any one or more of the following events shall constitute a default hereunder by Tenant: (a) The failure by Tenant to make any payment of rent or other payment required to be made by Tenant hereunder, as and when due, where such failure shall continue for a period of three (3) days after written notice thereof from City to Tenant. (b) The failure by Tenant to observe or perform any of the covenants or provisions of this Lease to be observed or performed by Tenant, where such failure, if curable, shall continue for a period of thirty (30) days after written notice thereof from City to Tenant; provided, however, that if the nature of Tenant's default is such that more than thirty (30) days are reasonably required for its cure, then -7- 4 Tenant shall not be 'deemed to be in default if Tenant shall commence such cure within said thirty (30) day period and thereafter diligently prosecutes such cure to completion. (c) (1) The making by Tenant of any general assignment for the benefit of creditors; (2) The filing by or against Tenant of a petition to have Tenant adjudged bankrupt or a petition for reorganization or arrangement under any law relating to bankruptcy (unless, in the case of a petition filed against Tenant, the same is dismissed within sixty (60) days); (3) The appointment of a trustee or receiver to take possession of substantially all of Tenant's assets located at the Premises or of Tenant's interest in this Lease, where possession is not restored to Tenant within sixty (60) days; or - (4) The attachment, execution or other judicial seizure of substantially all of Tenant's assets located at the Premises or of Tenant's interest in this Lease, where such seizure is not discharged within sixty (60) days. Section 10.2 City's Remedies. The City shall have the following remedies if Tenant commits a default: (a) The City can continue this Lease in full force and effect, and the Lease will continue in effect as long as the City does not terminate Tenant's right to possession, and the City shall have the right to collect rent when due; or (b) The City can terminate Tenant's right to possession of the Premises. No act by the City other than giving notice to Tenant shall terminate this Lease. Acts of maintenance, efforts to relet the Premises, or the appointment of a receiver on City's initiative to protect the City's interest under this Lease shall not constitute a termination of Tenant's right to possession. Section 10.3 Dependent Covenants. The City shall be under no obligation to observe or perform any covenant of this Lease on its part to be observed or performed during the continuance of any default by Tenant hereunder and such nonperformance by the City shall not be deemed or construed to be an .eviction or ejection of Tenant. Section 10.4 Remedies Cumulative. The City may exercise any other remedy or right now or hereafter available to a landlord against a defaulting tenant under the laws of the State of California and not otherwise specifically reserved herein. The various rights and remedies reserved to the City herein, including those not specifically described herein, shall be cumulative, and, except as otherwise provided by California -8- • statutory law in force and effect at the time of the execution hereof, the City may pursue any or all of such rights and remedies, whether at the same time or otherwise. Section 10.5 No Waiver. No delay or omission of the City to exercise any right or remedy shall be construed as a waiver of any such right or remedy or of any default by Tenant or of any interest due hereunder. The acceptance by the City of rent or additional rent hereunder shall not be a waiver of any preceding breach or default by Tenant of any provision hereof, other than the failure of Tenant to pay the particular rent or any additional rent accepted, regardless of the City's knowledge of such preceding breach or default at the time of acceptance of such rent or any additional rent, or a waiver of the City's right to exercise any remedy available to the City by virtue of such breach or default. The acceptance of any payment from a debtor in possession, a trustee or a receiver, or any other person acting on behalf of Tenant or Tenant's estate shall not waive or cure a default under Section 10.1(c) above. Section 10.6 Default by the City. The City shall not be deemed to be in default in the performance of any obligation required to be performed by it hereunder unless and until it has failed to perform such obligation within thirty (30) days after written notice by Tenant to the City specifying wherein the City has failed to perform such obligation; provided, however that if the nature of the City's obligation is such that more than thirty (30) day are required for its performance then the City shall not be deemed to be in default if it shall commence such performance within such thirty (30) day period and thereafter diligently prosecute the same to completion. Section 10.7 Expense of Litigation. If either party incurs any expense, including reasonable attorneys' fees, in connection with any action or proceeding instituted by either party by reason of any default or alleged default of the other party hereunder, or to construe this Lease, the party prevailing in such action or proceeding shall be entitled to recover from the other party reasonable expenses and attorneys' fees in the amount determined by the Court, whether or not such action or proceeding goes to final judgment. In the event of settlement or final judgment in which neither party is awarded all of the relief prayed for, the prevailing party as determined by the Court shall be entitled to recover from the other party reasonable expenses and attorneys' fees in the amount determined by the Court. - ARTICLE XI REPRESENTATIONS, COVENANTS AND WARRANTIES Section 11.1 Representations, Covenants and Warranties of Tenant. Tenant represents, covenants and - warrants-to the City as follows: -9- • 4. (a) Tenant is a partnership duly organized and validly existing under the laws of the State of California. (b) Neither the execution and delivery of this Lease, nor the fulfillment of or compliance with the terms and conditions hereof, nor the consummation of the transactions contemplated hereby, conflict with or results in a breach of the terms, conditions or provisions of any restriction or any agreement or instrument to which Tenant is now a party or by which the Tenant is bound, or constitutes a default under any of the foregoing. ARTICLE XII MISCELLANEOUS Section 12.1 Notices. Any notice required or permitted to be given hereunder shall be in writing and may be served upon City personally or by mail addressed to City Manager, 211 Eighth Street, Seal Beach, Ca 90740 and upon Tenant personally or by mail addressed to Tenant at 357 12th Street, Seal Beach, Ca 90740. Such notice shall be effective upon personal delivery to addressee or if given by mail, shall be effective two (2) days after deposit in the United States mail, certified mail, return receipt requested, postage prepaid and addressed as specified above. Either party may by written notice to the other specify a different address for notice purposes. Section 12.2 Severability. Any provision of this Lease which shall prove to be invalid, void or illegal shall in no way affect, impair or invalidate any other provision hereof, and such remaining provisions shall remain in full force and effect. Section 12.3 Time of Essence. Time is of the essence with respect to the performance of every provision of this Lease in which time of performance is a factor. Section 12.4 Headings. The article and paragraph captions contained in this Lease are for convenience only and shall not be considered in the construction or interpretation of any provision hereof. Section 12.5 Entire Agreement and Binding Effect. This Lease contains all of the agreements of the parties hereto with respect to any matter covered or mentioned in this Lease, or relating to the negotiation and execution thereof and no other agreement, representation, statement or understanding pertaining to any such matter, or any provision contained in a preliminary draft of this Lease, shall be effective for any purpose. All of the covenants, conditions, and obligations herein contained shall be binding upon and inure to the benefit of the respective successors and permitted assigns of the parties hereto to the same extent as if such successors and assigns were in each case named as a party to -10- _ • this Lease. No provision of this Lease may be amended or added to except by a agreement in writing signed by the parties hereto or their respective successors in interest. Section 12.6 Possession and Enjoyment. During the term of this Lease, the City shall provide Tenant with quiet use.and enjoyment of the Premises, and Tenant shall during such term peaceable and quietly have and hold and enjoy the Premises, without suit, trouble or hindrance from the City, except as expressly set forth in this Lease. The City will, at the request of Tenant and at Tenant's cost, join in any legal action in which Tenant asserts its right to such possession and enjoyment to the extent the City may lawfully do so. Section 12.7 Master Lease. This Lease is subject to the provisions of that Lease ( "the Master Lease ") dated January 1, 1987, by and between the Los Alamitos Unified School District, as landlord, and City, as tenant, covering certain real property of which the Premises are a part. Tenant shall not take any action which causes a breach of the Master Lease." IN WITNESS WHEREOF, the parties hereto have caused this instrument to be duly executed in duplicate the day and year first above written. "CITY ": CITY OF SEAL BEACH • By .✓ Mayor A�S T j _ l .6, / I. / City � — U trk / "TENANT" UNDER THE RAINBOW DAY CARE By �w -11-