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Title: |
Industrial Building Lease |
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Date: |
2004 |
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Preview shows 5KB of 184KB total |
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$54 |
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ID: |
#1290329 |
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INDUSTRIAL BUILDING LEASE
LANDLORD:
CENTERPOINT PROPERTIES TRUST,
A MARYLAND REAL ESTATE INVESTMENT TRUST
TENANT:
EAGLE TEST SYSTEMS, INC.,
A(n) ILLINOIS CORPORATION
PROPERTY ADDRESS:
620 BUTTERFIELD ROAD
MUNDELEIN, ILLINOIS
<PAGE>
TABLE OF CONTENTS
<TABLE>
<S> <C>
ARTICLE I LEASE TERMS................................................................... 1
Section 1.1. Definitions....................................................... 1
Section 1.2. Significance of Definitions....................................... 2
Section 1.3. Enumeration of Exhibits........................................... 3
ARTICLE II PREMISES..................................................................... 3
Section 2.1. Lease............................................................. 3
ARTICLE III TERM........................................................................ 3
Section 3.1. Term.............................................................. 3
ARTICLE IV CONDITION OF DEMISED PREMISES................................................ 4
Section 4.1. Condition of Premises............................................. 4
ARTICLE V RENT.......................................................................... 4
Section 5.1. Base Rent......................................................... 4
Section 5.2. Interest and Late Charges on Late Payments........................ 4
ARTICLE VI TAXES AND IMPOSITIONS........................................................ 5
Section 6.1. Taxes............................................................. 5
Section 6.2. Utilities......................................................... 6
Section 6.3. Expenses.......................................................... 6
Section 6.4. Deposits.......................................................... 6
Section 6.5. Adjustment Statement.............................................. 6
Section 6.6. Payments.......................................................... 7
Section 6.7. Payment Adjustments............................................... 7
Section 6.8. Right to Pay...................................................... 7
Section 6.9. Landlord's Contest of Taxes....................................... 7
ARTICLE VII USE......................................................................... 8
Section 7.1. Use............................................................... 8
Section 7.2. Prohibited Uses................................................... 8
ARTICLE VIII MAINTENANCE, REPAIR AND REPLACEMENTS OF PREMISES........................... 8
Section 8.1. Tenant's Obligations.............................................. 8
Section 8.2. Governmental Requirements......................................... 9
Section 8.3. Structural Components............................................. 9
Section 8.4. Tenant's Responsibilities......................................... 9
Section 8.5. Maintenance Contract.............................................. 10
Section 8.6. Warranty of Systems............................................... 10
ARTICLE IX TENANT'S INSURANCE........................................................... 10
Section 9.1. Coverage Required................................................. 10
Section 9.2. Policies.......................................................... 12
</TABLE>
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<TABLE>
<S> <C>
Section 9.3. Subrogation....................................................... 12
Section 9.4. Miscellaneous Insurance Provisions................................ 12
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