a. Any proposed restaurant tenant which is not an Acceptable Restaurant.
Acceptable Restaurant shall mean a high-quality restaurant consistent with the following characteristics: (i) will be operated by a local company (i.e., not a national chain or franchise of a national chain) known for operating
restaurants comparable to the Tom Douglas restaurants in Seattle; (ii) offers primarily table service and is not a cafeteria-style restaurant; (iii) is a unique restaurant concept not already found in the Seattle metropolitan
area or is comparable with the concepts of the Tom Douglas restaurants in Seattle as of the date of this Agreement); and (iv) is not a national chain restaurant in the same category as Applebees, TGI Fridays, Red Robin or
similar restaurants;
b. Any proposed material deviation from the terms of a letter of intent for the subject lease
which has been previously approved by Purchaser;
c. Any proposed deviation from the provisions in Form Retail Lease
with respect to the following issues:
(i) Landlord environmental or hazardous substances representations, warranties
or indemnities;
(ii) Limitation of Landlords liability to its interest in the Property;
(iii) Consequential damages waiver;
(iv) Any modifications to tenants default remedies, including without limitation any termination, self-help, off-set remedies or additional rent abatement rights;
(v) Any tenant improvement allowances which do not expire within one (1) year of the commencement date of the term of the
lease if not utilized by tenant;
(vi) Any exclusive use right that extends beyond the Property and does not exempt the
office space in the Property, Amazon.com Inc. and its affiliates;
(vii) Any modification to the confidentiality
provisions; or
(viii) Landlord indemnity obligations;
(ix) Any other changes materially increasing Landlords obligations or materially reducing the economic benefits of the lease
to the Landlord from the provisions contained in Sellers Form Retail Lease.]6
[Seller and Purchaser intend to enter into a Side Letter Agreement
regarding proposed leases with Wells Fargo and Bartell Drugs on or about the Effective Date.]6
| 6 |
These provisions were not included in every agreement but only as applicable to property covered by a particular agreement. |
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