Alameda County Quit Claim Deed Form – NO. 1 dated July 25, 2018 (Amendment No. 1) to Lease dated April 19, 2013 (Lease) by and of JOHN ARRILLAGA, Trustee, or his Successor Trustee UTA dated 7/20/77 ( JOHN ARRILLAGA SURVIVOR’S TRUSTEE) AND RICHARD T. PEERY, TRUSTEE, OR HIS SUCCESSOR TRUSTEE UTA DATED 7/20/77 (RICHARD T. PEERY SEPARATE PROPERTY TRUST) AS AMENDED, COLLECTIVELY AS LANDLORD, AND ELECTRONICS FOR IMAGING, INC., a Delaware corporation, doing business. was created and entered into as of the deadline listed below.
WHEREAS, by Agreement dated April 19, 2013 Landlord has leased to Tenant approximately 58, 560+ square feet of certain 108, 166+ square foot buildings (The Building) located at 6700 Dumbarton Circle, Suite 200, Fremont, California (location. ), the terms of which are more specifically set forth in said Lease, and
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WHEREAS, said Lease was amended by Letter dated August 30, 2013 which changed the address from 6700 Dumbarton Circle, Fremont, California 94555 to 6700 Dumbarton Circle, Suite 200, Fremont, California 94555, and
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WHEREAS, said Lease has been modified by a Lease dated September 17, 2013 which affirmed the Effective Date as September 1, 2013, and affirmed the Termination Date as August 31, 2028, and
WHEREAS, it is now the will of the parties hereto to modify the Lease to (i) terminate said Lease before the expiration of the said Lease and modify the Termination Date from August 31, 2028 to the early revision date of July 31, 2018, (ii) establishing a Fee for the early termination of the lease, (iii) using the landlord to hold the tenant building deposit on the lessee to pay the non-payment of Lease Commission as required in Lease Paragraph 45 (Brokers), (iv) amend the Lease Agreement, (v) amend Total Fees due to the early termination of the lease, (vi) canceling Lease Paragraphs 47 (Option to Extend Lease for Five (5) or Ten (10) Years) and 48 (Right of First Refusal to Lease) and 49 (Right of First Reusal to Purchase the Leased Property) and (vii) require the lessee to make a Quitclaim Deed which the landlord will write to remove from the Memorandum of Lease as per the following has been specified. (Lease Agreement, Letter dated August 30, 2013, Initial Letter and Amendment Letter No.
NOW THEREFORE, FOR CONSIDERATION OF EFFECTIVENESS, RECEIVED HEREIN, AND IN CONSIDERATION OF THE CONTRACT HEREOF, THE PARTIES HERETO AGREE AS IN hereafter:
Landlord and Tenant agree to early termination of Lease; Therefore, the Due Date will be changed from August 31, 2028 to July 31, 2018 (Revised Payment Date). Tenant shall pay all rent and additional rent and fulfill all Lease obligations as contained in said Lease by the Revised Termination Date as amended herein. Notwithstanding the foregoing, and except as otherwise provided in Amendment No. 1, The Lessee’s obligations that arise and/or accrue during the Lease as specified in Lease Paragraphs 13 (Taxes), 18 (Indemnification), 19 (Compliance) and 44 ( Material Damage) shall survive the termination of the License.
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. As part of the consideration for Landlord’s agreement to the early termination of the lease, Tenant agrees to pay Landlord FOUR HUNDRED FIFTY-EIGHT THOUSAND TWO HUNDRED SEVENTY AND 80/100 DOLLARS ($458, 270.80) as including Exhibitions here (Termination Fee). Said Fee shall be paid by the Tenant to the Landlord simultaneously with the submission of Amendment No. 1.
. THE PARTIES HERETO AGREE THAT IN BEING THE LESSEE PAYING TO US 2 YEARS A YEAR AND 51/100 DOLLARS ($352,760.51) unamortized Lease Commission as required in Lease Paragraph 45 (Brokers), the Landlord of Tensurity shall apply. TWO FAMILY NINETY-EIGHT END FAMILY TWENTY-FOUR AND 40/100 DOLLARS ($298, 524.40) for the payment and the Owner, according to the address, shall waive the amount of fifty-four thousand two hundred dollars. 11/100 DOLLARS ($54, 236.11) balance.
. The parties hereto agree that Tenant shall leave the Premises in its current interior configuration as shown in Exhibit B attached hereto and that Tenant shall vacate the cubicles. which is set in the field as Last Updated. The lessee shall be responsible for leaving the space in the conditions required under Clause 5 (Acceptance and Release of Space).
. Tenant represents and warrants to Landlord that, to the best of Tenant’s knowledge, no hazardous materials are being used, stored and/or disposed of in, on or about about, the Occupancy during the Security Period by the Tenant or his occupants (if any), other than the equipment of the house and office in accordance with the practice of the Environmental Laws .
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. Regardless of Tenant’s obligations related to the payment of additional rent as set forth in paragraph 1 (When Allowed) above, Tenant acknowledges that the Tenant paid actual insurance premiums until March 13, 2019, and Tenant will not receive any refund from said. Prepaid fees applicable to areas received after the Update Date of July 31, 2018.
. As a result of the Modification Period, the Total Rent Amount under Clause 4.A (Rent: Basic Rent) is reduced by FIFTEEN MILLION NINE HUNDRED EIGHTY-EIGHT THOUSAND THIRTY- four AND 41/100 DOLLARS ($1 988, 334.41), or from EIGHTEEN MILLION FIVE TIMES TWENTY-SIX THOUSAND TWO DAYS FORTY-FIVE AND 48/100 DOLLARS ($18, 526, 245.48) to two
. Lease Paragraph 47 (Option to Extend Lease for Five (5) or Ten (10) Years) is hereby waived in its entirety and is of no further force or effect.
. Lease Paragraph 48 (First Right of Reusal to Lease) is hereby deleted in its entirety and is no longer in effect.
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. Lease Paragraph 49 (Right of First Reusal to Purchase the Property Leased Herein) is hereby deleted in its entirety and is no longer in force.
. Tenant shall execute, and Landlord shall record, the Quitclaim Form attached hereto as Exhibit C to withdraw from the Memorandum of Lease.
. Each party executing this Amendment warrants and represents that (a) an agent on behalf of such party is authorized to execute this Amendment and bind such party on behalf of of the person who each executes this Amendment and to all terms, covenants and conditions of this Amendment as they relate to the parties hereto, and ( b) no access or performance under this Agreement by a party violates any order, decision, order, delivery or commitment by the parties that is bound.
. This Amendment constitutes the parties’ entire agreement and understanding with respect to all matters set forth in this Amendment. This Amendment may not be modified, amended or otherwise modified or otherwise waived except in writing and signed by both parties hereto.
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. This Amendment shall be governed by and construed in accordance with the laws of the County of Alameda in the State of California and any party specifically designated as domiciled in Alameda County. If any provision of this Amendment shall be invalid, unenforceable, or ineffective for any reason, all other provisions hereof shall be and remain in full force and effect.
Except as modified herein, all other terms, covenants, and conditions of the License will remain in full force and effect.
IN WITNESS WHEREOF, Landlord and Tenant have executed Amendment No. 1 for Lease according to the date and year written below. Free Printable Template » Free Printable Quitclaim Deed Templates [PDF, Word] Free Printable Quitclaim Deed Templates [PDF, Word] Example Writing
In this post, we will dive into the world of real estate, specifically focusing on an important, but often misunderstood document: the Quitclaim Deed. As a homeowner or someone looking to acquire a property, you may encounter many types of work throughout your dirt road journey.
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A Quitclaim Deed, in particular, provides a unique way to transfer ownership interest without asserting the property’s title. So, join us as we explore the ins and outs of Quitclaim Deeds, their benefits and limitations, and how they differ from other types of deeds commonly used in the real estate industry. Let’s get started!
A promissory note is a legal document used in the real estate industry to transfer one person’s interest in a property to another person without any liability or responsibility for the property. name It is often used in situations where the donor (the person transferring their interest) and the beneficiary (the beneficiary) have an existing relationship, such as as family members, divorced spouses, or business partners. The arbitration process is considered an easy and quick way to transfer ownership interests, but it comes with some limitations and risks.
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