Loading...
2006-03-27_Supplemental Agenda Packet--Dossier de l'ordre du jour supplémentaireCity of S Common Co Monday, Mi Common Cot int John ncil Meeting ch 27, 2006 icil Chamber Supplemental Agenda 1.1(a) (Committee of the Whole) Aqu< 3.1 Saint John Harbour Clean -up 9.3 Additional input to 336 Westmorl,, 13.3 Committee of the Whole Report 13.4 City Market Lease of Space Stal Centre — YM -YWCA 10.2(4)(d) ind Rd � Nominating Committee C City of Sa nt John Seance du con eil communal Le lundi 27 nars 2006 Salle du consi it communal L'ordre du jour 4upplementaire 1.1(a) comite plenier - Aquatic Centre — YM- CA 10.2(4)(d) 3.1 Travaux de nettoyage du port 9.3 Information supplementaire - 336 Westm Hand Rd. 13.3 Rapport du comite plenier - comite des candidatures 13.4 Location d'espace 'C' au marche municipal 3 1 Common Council Resolution — aint John Harbour Clean -up March 27, 2006 Submitted by Mayo Norm McFarlane Whereas Common Council has establish d Harbour Clean Up as the City's Priority as far back as 1993, and; Whereas the City of Saint John is nearing completion of the detailed design work for major components of this Harbour Clean Up Progr am, and; Whereas on Friday, March 24, 2006, Prir ie Minister Stephen Harper and Premier Lord visited our community and confirmed their su port to a joint funding agreement not to ten years, and; One Whereas previous discussions related to Ihis project, estimated to be in excess of 1,88 Million, were based on a 50 %, 25% and 25% cost sharing formula between the Federal, Provincial and Municipal Governments respectively, and; RESOLVED That the City of Saint John A rite to both the Premier and Prime Ministe thanking them for personally and publicly reiterating their Governments' commitment to Sain John Harbour Cleanup, and; That the Prime Minister and Premier be n City Manager in an effort to finalize the necessary to date so as to allow for the initial tender calls to I quested to direct their officials to contact t le agreement, consistent with the discussion held e issued this spring. i� March 27, 2006 To: Mayor and Council Re Continuation of the Homle Depot Development I would like to express my opinion re arding the continuation of the HC me Depot Development by stressing the mplementation of this project as soon as possible. Not only because of it's positive implications to the tax base in our city but also as a positive sign fo augmenting the profitability oft the businesses around our area, which directly influences the employment element in any organization small or arge. I hope council could help us achieve growth in business by accepting he continuation of this development. Sincerely, Eli Elie Elmajian President SOMERSET IN V ESTM -ENTS LT BUS: (506) 632 -0022 550 SOMERSET STREET F. P.O BOX 5 3 SAINT OHN, N.B. E2 3X 1 P, March 27, 2006 City of Saint John P.O. Box 1971 Saint John, NB E21- 41-1 ATTN• Mayor and Council As a tax payer, business owner, and de continue to support development in the through future development is the only )er of Somerset Technology P4 of Saint John. Growing the tax ion to our city's budget problerr When a private developer is willing to inv st millions of dollars in €1 del our city; I believe we should do everythin we can to make certain the goes ahead and that we do not lose the t x revenue to another area. Somerset Investments Ltd. supports Hoi as well as the jobs and business growth this development in our community. Sincerely, SOMERSET INVESTMENTS LTD. Bruce J. Dowd Management proposed irtunities that could be c (505) 633.0251 we in by Saint John Construction Associatio Inc. Phone: (5116 634-1747 Fax (506 655 -0651 EmaikdcaCa7 bnet nb.ca 253 GERMAIN STREET _ • SAINT JOHN • NEW BRUNSWICK • 21. 207 March 27, 2006 Mayor and Common Council City of Saint John P.O. Box 1971 Saint John, New Brunswick Your Worship and Council. The Saint John Construction. Association, economic development projects such as the s wishes to advi.sc Council of its support :mentioned proposal. As we understand it, the scope of the project clucompasses a 53 acre area of Commercial development including anew four lane road frorn Westmorland Road to Rothcsay A.vcnue address traffic flow. The project itself is privately financed and wi] I airing several economic bene8ta to the Ci . Over the duration, of the project, it will provide approximately five hundred ( 500 ) construe .o opportunities and could provide :several hundred ermanent full time and part time jobs in th commercial sector. The development will serve to increase the ctl Saint John. The proposed roadway, as part of the incoming and outgoing users. Trusting this will be beneficial to your Yours Truly, Stephen Beattesy Director of Labour ReTations Saint John Construction Association, ,Inc. r . Adams, Horizon ManagCment �C AFFIIIATC4 WITH CONSTF l /pM X95 AFRIUATED WrrH CANADIAN Fbundgd 1056 .1 tax base and. revenues to the Cary will help a] leviate traffic concerns on the topic. ASSOCIATION OF NEW 6RUNi5WI01( ILICTION ASSOCIATION, OTTAWA, ONT. 03- 26 -'06 19:52 FROM -F5C Flooring & Con 1190 Fairville New Brunswi Tel: (506) 635 -3064 Fax (506) FAX DATE: 3 -25 -06 15066350510 T -069 P401/003 F -695 •.� Aevard, Saint John, Canada, E2M 5T7 5-0510 Email: ,jprocca @nbnet.nb.ca SHEET FAX TO: Terrence Totten; Mayor & Counc it FAX NO 658 -2802 FAX FROM: John Rocca The number of pages in this transmission is 3 including the cover sheet. If all pages are not received please contact John 63 5-3 0 Q. Terry Enclosed is a self explanatory le ter we have sent Jim Baird. Would you please be so kind as o have a copy distributed to the Mayor and Council or let me know to whom we should address it to ensure the Mayor and Counci receive it before they vote on the item. Regards John 03- 26 -`06 19;52 FROM -FSC Flooring & Con Cile't'daled 15066350510 T -069 P002 /003 F -695 1190 Fairville Blvd P.O. Box 3188, Stn, B Saint John, New Bru swi.k. Canada E2M 4X8 Tel: (506) 636-8820 • Fax: (506) 6 5 -0510 • Email: jprocca @nbnet.nb.ca Via Fax only 632 -6141 March 25, 2006 Mr. Jim Baird Commissioner Planning & Development The City of Saint John 10'h Floor, City Ball 15 market Square Saint John N.B., E2L 4L1 Dear Mr. Baird, RE: Proposed Rezoning o Horizon Management Lands — Westmorland Road In the March 23, 2006 edition of the Tel said: "It's been six years we've been v have not gone there. And they retailer's perspective, it's behi► That's not where they want to What they want is to be on top of the other box stores, their a The huge tract of available la: best suited for wholesaler, he auto parts seller that We don't know if you were accurately qu that you, Common Council and the gener conclusion that the Horizon Management attractive to retailers and that if their appl will bypass Saint John and the City will including the property taxes they pay. we want to assure you, Common Council conclusion is wrong. Where are a numbe attractive to very large retailers Rothesay Avenue, the lands on i Journal you are alleged to ling, and the retailers n't go there. From a the shopping center. the plateau, within site a competition, says Mr. Baird. behind McAllister Place wou.14 be tys, such as the Car Quest opened in the area." :)ted, but if you were, we are cone d public may draw the erroneous lands are the only lands in that aj cation is rejected, retailers like C ose the benefits of having them, and the general public that such a of other sites in the area that are the large tract, of Irving owned I Drive. If these and other sites we m 03- 26 -'06 19:53 FROM -FSC Flooring & Con 1 15066350510 T -069 P003/003 F -695 properly marketed and supported by the as the Horizon Development site will attar So, we strongly disagree with the conclu. Commerce drive. Retailers do want to to( actively negotiating with retailers larger i expressed a serious interest in taking an We would be happy to meet with you an return on the significant investment it ha, Drive and the significant investment it's Road to make Commerce Drive the gatev But we also want to ensure that the Hori2 on its own merits. It should not be rejecte attractive locations in the area for large z be approved out of fear that the City will taxes they pay. Yours truly. Ltd. Cc Mayor and Council Terrence Totten .y, they would attract retailers t them. n that retailers do not want to :e there. We know because we 3 smaller than Rome Depot ti depth look at that area. I discuss how the City can maxim made in the servicing of Cornmer tbout to make to upgrade Lock Lo; ►ay to the area's shopping district. c)n Development application is cox d simply because there are other id small retailers any more than it lose high profile retailers and the l 2 much on the 3� a 7:1 C� 2a cd 5 v ec �--1 Fn--I I--1 F---1 .O 0 c� V\ "-mo 03 I V 0 O • CCs Im OD m m ca r--1 03 "C$ Ct C os V b d' 1e w.00 *IMS, ,4 � �� .,,,104 0 Ri; Cr a "O�tb,. red• �a 49 Cd O (� O O C) V 4"a, rA- y o� �o m N W Q 'O ue,dw"4, O .� W O O O 5 O U O Qb' 5 M W Q H .-0 Cd O Cd V1 O to 0) J cu F- M W Q H .-0 Cd O Cd V1 O 46, 'bb 5 �a a M �n W Q O a w U w w H a w A w U W O U � . � . .� . Q / CD �LA 2 � ƒ. % . � ( -10,0# ± � 7 � � ■ ! � ƒ . P& �¥ / � ( � J { 7 ¥�,$. � / � � I t; r4oi � \ƒ : v l�' . u t � 21 � � � � � � � � � � � � � � � � � � � � � � � � � � a CID a� c c a 1¢ N t� is 'a E Y h � d i i �a . "J",QPV c R'? G 4� J IQ&A OW pt NA I'D-1J E 0 _4' z 0 H U W W H � � k �$ � lim � co o � \\� Ek s: % % � %. � { r 2� I & y ; «, f� � � � 4 ��. ~k,Y)O# Rip .fQ A + *b o IDO DW. � ±� .� vr-� » 2 &� � . � � � � : k � � � . � � 0 CA � � � � � � � � � .. � � M M rT� Wn H a Q a x W o W Q O W w v� a � a � U 0.1 �. W Q W U W O U w O W H O ai w Q w 0 x 0 x w M r• n i- - f � N r •<� a N W Q d lot L. 5 1 i•: J wl_ L Ll ill- i- 4--J= ; W U � t ra I - � W U Q N M r• n i- - f � N r •<� a N W Q d lot L. 5 1 i•: J wl_ L Ll ill- i- 4--J= ; t ra I - M r• n i- - f � N r •<� a N W Q d lot L. 5 1 i•: J wl_ L I-A 1 5� 7� as 0 Cd 0 Cd +5 A z 0 co' > u 0 U M . .... .... A z 0 co' > u 0 U M U soft �O 0) 0 U O �v � O N i ,Waft CL i r � V . , O O O 0 SIMON U i t U i as MINOR '21 mo Som 4) V O V Law O 4) 0) 2 MOONS AW tv v O O O i O waft O 0 L O O 4) MV ME 4) ME 4w .SEEM c to AW Los O Lam Lam vw V V ■ IMEN Ism .N 0 cc L .co 4) 13 U) i O t O 4w MW Lu V U) nW F� F--1 U a 0 a a a a U W F--1 1 W z 0 N W w H O H W t � '3 S .t v-1 lr N t iA- Ak , ry ti Z7 Cr A m may` �. fi .0 C w ea qym ^ 7 Si C Q F x+ ro 1".�I "'�' "� C.. y+`•7� ^}CC, gyp X103 $ v t r r t Fur ufia4u4 Y 'q"�� vF vi 8 n • r W U �z U w j Q _p 1 ... 0 O C7 Cy LO e3 CV S ;4HEM NI N IlVA3 1�3 w w to ' o g o O F- cn o' w a o w 0 z 0 U w i 7i z 0 z a G] o 0 w z {� z Q H z w w w w z LL o w w {a (D � z IL G� jr w Z LL D Y zi 0 w :5 w Q cz. � Ov J 1 ... 0 O C7 Cy LO e3 CV S ;4HEM NI N IlVA3 1�3 BOO d6SA) mod SIM :K) Wl I LL pw Km i1Nri 117AIT ta ra 4 1t I 74�3 S 10.2(4)(b) March 23, 2006 Deputy Mayor Michelle Members of Common C Members of Council, Re: Nominating t The Nominating t recommendations: That C. Swanton be of three years ending That Councillor S. Cha term of one year ending That Mayor N. McFar Industrial Parks on a March 27, 2007. Rer Ily y submitted, Mayor Norm McFarlan4 Chairman Grand Bay -W 9 ".NT JOHN The City of saint John P.O. Box /C.P. 1971 Saint John, NB /N. -B. Canada E21- 41-1 www.saintjohn.ca on and 1 I Recomme datio *s having me on March 23, 2006 makes the foll wing ppointed to the 3aint John Development Corp. for a term rch 27, 2009. e be appointed o the of U town Saint John for a pp l3oard P kpri12007. ane and Counc llor Gi Tait be appointed to Saint ohn interim basis or a term not to exceed one year a ding More our past/ r your future I • Quispamsis iotre pass06 votre avenir • St. Martins • Saint John REPORT TO CO M & C — 2006 -44 February 23, 2006 His Worship Mayor Norrr McFarlane Members of Common Council Your Worship and Councillors: SUBJECT: Lease of S ace Stall No. - The City BACKGROUND: Vera Bochar has been op rating a store Market since October 20 ( 1. The space Venture's under the operating name of In the course of negotiati g with Ms. Bo obvious the tenant had too much overhe, at best. The tenant's current sales could i operating costs. David Drummond and n scenarios and options, fin lly agreeing tl necessary to ensure long term viability fi conversely was looking to secure additic MON COUNCIL vn as the Baking Stone in the City brm rly operated by Hunter 's C untry Kitchen. ar ov r the past year, it had become and h�r financial situation was tenuc t justi y the existing space and relates Boc ar worked through the various a downsized operation would be n the tenant's perspective. The landl d stall) space to meet customer demar The tenant's arrears had reached $14,000 00 by he time lease negotiations start in earnest. The City asked Ms. Bochar to stabli h an electronic banking set up, which she agreed to so as to ensure paym nts of rent would be timely. The automatic withdrawals were NSF for 5 o the not 7 months. Hence the tenant' arrears are approximately $24,000.00 tod y. The lease negotiations ai: space right -sized so as to sales and to help the tena landlord.. The new rent s year term would still lea` d to accompl sure it's over deal with it's Ms. Bochar a couple of items; to get the tenant': rd would be more in line with the tstan�ding arrears obligations to the with, the arrears repayment over the i a rent obligation which is City of Saint John Report to Common Council John enter i Page 2 February 23, 2006 City Market with Vera 1 significantly lower than t h current situati c n. The model for rolling g arrears into a rent stream did not anticipate arrears reach ng $24,000; it was based on arrears of $14,000. Mrs. Bochar recently provided th City with a certified cheque in the amount of $10,000 to redu e the arrears to the on inally discussed amount. The attached Lease is high iighted by a redi iced area of 400 s£, a term of 5 years with rents that range from 21.00 psf to $29.00psfand a repayment of arrears in the order of $7.00 psf forte entire term. A, 3 month rent free period is offered in the lease to offset costs to e incurred by the tenant to remerchandising the newly demised space. The landlo d for its part is emisi g the new space and relocating services to accommodate t e tenant. The r maind r of the Lease is standard. The purpose of this report is to seek Coularket. il's concurrence to enter into a lease with Vera Bochar for Stall C in the City i RECOMMENDATION: 1. That The City of S int John accept the suit render of Lease for Stall "B" from the Lessee, Vera Bochar, and 2. that The City of Saint John enter i to a lease of space for Stall "C" in Th( City Market with Vera Bochar upon the terms and conditions as set out ii the Draft Lease attached hereto; and 3. that the City initiate a change to " he By aw Relating to the Market in The City of Saint John" by amending sect�on 5(2) by adding following 5(2)(g), Section 5( ) (h) "Stall C" and 4. further that the Mayor and ( once finalized, or any other 3ectfully submitted, R. Baird, MCIP "TRIED Terrence Totten, F.C.A. City Manager be authorized to sign the Leas , ired to finalize this transactiorl. BY -LAW NUMBER A BY -LAW RELATING TO THEMARKET IN THE CITY OF SAINT JOHN Be it enacted by the Common C uncil of the City of Saint John as follows: A By -law of The City of Saint Jon entitled "A By -law Relating to the Market In The City of Saint John ", enacted on the 18th day of May, A.D. 2005 is hereby amended as follows: 1 Amending Section 5(2) by adding immediately after subsection 5(2)(g): (h) Stall C IN WITNESS WHEREOF the City of S caused the Common Corporate Seal of th be affixed to this by -law the A.D. 2006 and signed by. Mayor Commot First Reading Second Reading Third Reading the following I 1 tint John has said City to day of ARRETE NUMERO A ETE CONCERNANT LE MAI THE CITY OF SAINT JOH l e conseil communal de The Cit} re: 'arretd concernant le march6 d t Jon ddcrdtd le 18 mai 2005, est t modification du p, de ce qui suit immddi (h) Kiosque C DE QUOI The City of Saint Jol eau communal sur le pr& 2006, avec � lecture = e lecture he lecture - DE of Saint John The City of difi6 comme ie 5(2) par t apres Palinda i a fait apposer ;nt arretd le les signatures 1.01 Definitions In this lease: a) "Additi Lessor LEASE FORS ALL S ACE CITY MJkRKET I BOCHAR/T1tE BAKING STONE Rent" means all and +y monies required to be paid by the Lessee to the x or pursuant to the terns of this L ase, save only for Gross Rent; b) "Architect' shall mean the archite t from time to time named by the Lessor or at the option of the Lessor, the Lessor's general contractor. Any certificate provided by the Architect d called for by the to of thi Lease shall be final and binding on the parties hereto; c) "Commencement Date" means a ate determined in accordance with the provisions of Section 2. 3; d) "Common Areas" means those ar installatior s in the City Market wh the Lessor to be leased to tenants improvements, equipment and insl Market whether or not located in designated from time to time by limiting the generality of the fore entrances and exits thereto and all driveways truckways, delivery p: interior structural elements and comprising the City Market, pa pedestrian stairways, ramps, electi service and janitor rooms and gz systems, columns, pipes, electric provision of heating, ventilating o Common Areas and all other in related thereto as well as the struc all open and enclosed malls, cc corridors, furniture, first aid and nurseries, childcare play areas a elevators, ublic washrooms, musi e) "C.P.I." ans the Consumer Pri in substift tion for the Consumer designatec by the Lessor, if it is by any si Lccessor thereof or ar agency); is, faciliti s, utilities, improvements, equipment and h from tir ie to time are not designated or intended by 'the City Market, and those areas, facilities, utilities, lations w iich serve or are for the benefit of the City adjacent o or near the City Market and which are to Lessor as part of the Common Areas. Without aing, Co on Areas includes all parking areas, all tructural elements thereof, access roads, truck courts, sages, the roof, exterior weather walls, exterior and )earing walls in the building and improvements kage pick--up stations, loading and related areas, al, telephone, meter, valve, mechanical, mail storage eries, fire preventions, security and communication 1, plumbing, drainage, any central system for the ur conditioning to leaseable premises or any enclosed allations, equipment or services located therein or res housing installations, including but not limited to its and arcades, public seating and service areas, r information stations, auditoria, conference rooms, d related kitchen and storage facilities, escalators, systems and any atrium seating/food court; Index (Al Items) for Canada (or any index published ice Index or any other replacement index reasonably longer published) published by Statistics Canada (or other governmental agency, including a provincial f) "Atrium ating/Food Court" mea is those portions of the Common Areas designated by the Lessor from time to time for use in support of the operations of any group of premises providing quick food service to ustomers of the City Market and includes, without limiting the generality of the foregoing, pub is table and seating areas, waste collection facilities and other areas, facilities ind equipt ient intended for such use; g) "Gross R ceipts" means the tot; conducte upon or from the Lease for cash, heques, credit, charge not be lin ited to, amounts receive the aniou it of all orders taken of they are f lied, whether such sales or by an vending device. Intei included, d bank or collection will not b deducted. A credit or price in month in which it take I of all gross sales and receipts from all business l Premises, whether or not by the Lessee, and whether ;count, a hange or otherwise, and shall include, but i or receiN able from the sale of goods or services and received at the Leased Premises regardless of where be made a a sales desk or counter, over the telephone ;st, instalment ' finance charges and deposits will be gency ch ges and uncollectible amount or bad debts nstalment sale will be considered as a sale for the full place. i oss Receipts shall not include: Lease for Stall Sp ace — City Vera Bochar/TI Le Baking Schedule "C" -Pa e2- i. sales for which the custot ter has re sale was included in Gross Receipts; ii. sales of merchandise in exchange extent the original sale f the retu Receipts; iii. H ST and any other sales, e, excise collected from customers t the point added to the selling price and shoes paid by the Lessee to such governme iv. d ( livery charges; a refund, provided that the original returned merchandise, but only to the d merchandise was included in Gross or gross receipts tax directly on sales and A sale, provided that the amount thereof is i and/or collected as a separate item, and tal authority; v. trwisfers of merchandise tween sto�es of the Lessee or returned to suppliers of the Lessee, but only if su transfer r return is not for the purpose of reducing Gross Receipts. h) "HST" means harmonized sales taxes, valr transfer taxes or other similar taxe however thereof, i) "Hazardous Substances" means any coi potentially dangerous substance, r oxious flammable explosive or radioac ive ma asbestos, CB's or any other subs ances o; hazardous, toxic, contaminants or pollutar provincial or municipal statute, by- aw or re j) "Lessor" includes the Lessor and it success k) "Lease" means this indenture of It ase and shall also include any agreements entered indenture fiorn time to time; l) "Leased P emises" means the pre ises lea- in Section 2.01 hereof. Save as m (ntioned shall extend from the top surface of the sti structural ceiling. If the Leased Premises h; rather are open to the ceiling of d e City N Premises extend from the tops ace of demising walls; led taxes, multi-stage taxes, business are characterized and any taxes in lieu ninant, pollutant, dangerous substance, stance, toxic substance, hazardous waste, al, urea formaldehyde foam insulation, aterials that are declared or defined to be in or pursuant to any applicable federal, and assigns; udes any riders and schedules hereto and i which have the effect of amending this to the Lessee as referred to and described )w, the boundaries of the Leased Premises ural subfloor to the bottom surface of the no ceiling abutting the demising walls, but cet building, the boundaries of the Leased structural subfloor to the height of the m) "Lease Year" shall mean a periol of time, the first Lease Year commencing on the Commenc went Date and ending c n the 313` clay of December in the calendar year of the Commencement Date. Thereaftet Lease Years shall consist of consecutive periods of twelve cal ndar months ending in each case on December 3151, save for the last Lease Year of th Term which shall terrr inate upon the expiration or earlier termination of this Lease, as t ie case may be; n) "Gross R t" means the annual mss Rent ayable by the Lessee pursuant to Section 3.01; o) "Operating Costs" means the tot it cost an expense incurred in owning, operating, maintain' maintainir g, managing and adm' iistering t ie City Market and the Common Areas, specifically including without li iting the generality of the foregoing, any capital or place of ownership taxes levied aj ainst the lessor or any owners of the City Market on account o their interest in the City Market, in an amount equitably allocated to the City Market by the Lessor; gardening and landscaping charges; the cost and expenses of taking out the insurance described in Section 9.03; cleaning, snow removal, garbage and waste collection and disposal; ligl ting, electj 'city, public utilities, loud speakers, public address an d musical broadcasting stems anc any telephone answering service used in or serving d a City Market, and th cost of electricity and maintenance for any signs designatec by the Lessor as part of the Con mon Areas; policing, security, supervision and traffic control; salaries and be tefits of at supervisory and other personnel employed in connec ion with the City Mar et and m agement office rent imputed to the City Market b the Lessor, acting r asonably; Management Fee, the cost of providing additional parking or other Co on Areas or the benefit of the City Market, whether such costs be Taxes or other type iDf costs; toe costs and expenses of environmental site reviews d investigations, removal and/or lean -up of Hazardous Substances from the Common Areas; the cost of the rental of any equipment and signs and the costs of Lease for Stall Sp ce — City Market Vera Bochar/TIr e Baking Stone Schedule "C" I -Pa 3- supplies us d in the maintenance d operation of the City Market and the Common Areas; accounting and audit fees in urred in the preparation of the statements required to be prepared. and supplied by the LeE sor under the terms of this Lease; hearing, ventilating and air conditioning of the Common Areas; all repairs and replacements to and maintenance and operation of the I 'ity Mark and the Common Areas; depreciation or amortization of the costs, includi g repair and replacement, of all maintenance and cleaning equipment, master utility i Leters, and all other fixtures, equipment, and facilities serving or comprising the City Mar et or the Common Areas; which are not charged fully in the Lease Year in which they at incurred, from the earlier of the date when the cost was incurred or the Commencemet Date, at rates on the various items determined from time to time by the Lessor in accor ce with ound accounting principles; p) "Proportionate Share" means a fraction, the niumerator of which is the Rentable Area of the Leased Premises and the denominator o which is the Rentable Area of the City Market; q) "Rent" me ns all Gross Rent and Additional nt payable pursuant to the terms of this Lease; r) "Rentable krea of the Leased Prer iises" me s the area expressed in square feet of all floors of tht Leased Premises measured from: i. Ch.- exterior face of all exterior walls, doors and windows; ii. th exterior face of all interior walls, doors and windows separating the Leased Pi emises from Common A reas; if any; and iii. th centre line of all ' terior walls separating the Leased Premises from ac joining leasable premise . The Renta le Area of the Leased Premises 'ncludes all interior space whether or not occupied t y projections, structure or columns, structural or non - structural, and if the store front is recessed from the le use line, the area of such recess for all purposes lies within the Zentable Area of the Le sed Premises. s) "Rentable Axea of the City Market means the area in square feet of all rentable premises in the City Market set aside for le sing by Lessor from time to time, except for any occupancy as designated by the Lessor for which there is no Gross Rent payable. Provided however that the Less shall credit to Operating Costs any contributions received in respect of such Oper ting Costs from the occupants of any of the areas excluded from the Rentable Area if the City Market in accordance with this definition. Provided falher that in determinin the fraction that is the Lessee's Proportionate Share, if the Lea d Premises consists of ny of the oregoing excluded categories, the Rentable Area of th t category will be inclu ed in the ]Rentable Area of the City Market; t) "Rules and Regulations" means th ( rules and regulations adopted and promulgated by the Lessor from time to time acting reo sonably, including those listed on Schedule "D "; u) "City Mar cet" means the lands at d premise known by the civic address 47 Charlotte Street, Sa' it John, New Brunswick, as such lands and premises may be altered, expanded or reduce from time to time and the buildings, improvements, equipment and facilities erected thereon or situate from time to time rein; v) "Taxes" rr eans all duties, real pro.3erty taxes, charges, assessments and payments, from time to tin Le levied, assessed or im osed upon the City Market or any part thereof or upon the Lessor by reason of its owners rip of the City Market, by any taxing authority. Taxes shall also include any penalties, late payment or interest charges imposed by any municipality or other taxing authority as a result of the Lessee's late payments of any taxes or irstalments thereof. For 1 reater certainty "Taxes" shall exclude any penalties or interest incurred by the Lessor as i result of its failure to pay Taxes in a timely manner, except T es shall include any int rest in res ect of a deferral of payment in accordance with souni accounting practices it permitted by statute or pursuant to an agreement with the taxing authority; and (ii) incorr e, profit or excess profits taxes of the Lessor; w) "Lessee" ineans the party named Lessee in this Lease; and x) "Term " mans the period referred o in Section 2.03. Lease for Stall Sp ice — City Market Vera Bochar/Tl a Baking Stone In the event the Leased Premises is re- i4easured the Lessee shall pay all rents based on a maximum square footage of T (400 ft2). 2.02 Use of Common Areas The use and occupation by the Lessee ofthi Leased Premises shall entitle the Lessee to the use in common with all others entitled thereto of the Gommon Areas, subject however, to the terms and conditions of this Lease and to reasonable rules and egulations for the use thereof as prescribed from time to time by the Landlord. 2.03 Term of Lease TO HAVE AND T D HOLD the Leased Pri mises for md during the term of Five (5) years to be computed March 1, 2006 and fully to be completed and ended on February 28, 2011 save as hereinafter provided for earlier terminal on. PROVIDED THAI' if there is any Lessor'E Work or essee's Work to be performed prior to the Lessee opening for business in the Leased Premises r the Leas d Premises are occupied by a third party as of the date of this Lease, the Commencement Date st all be the earlier o£ a) forty-five (45) days after the Lcssor has delivered vacant possession of the Leased Premises the Lessee notwithstai iding that he Lessor may still, during such forty-five (45) day p riod, be completing its ork; or b) the opening by the Lessee to the pi blic of its business in the Leased Premises. Notwithstanding y change in the Commencement Date calculated in accordance with the preceding provisions here. the Terms shall expire n the dal set for such expiry in the first paragraph of this Section 2.03, subject al ays to earlier terminatic n as provided for in this Lease. PROVIDED THA upon the Lessor or it! Premises are available for he commencement of possession of the Leased P emises and shall occul inventory, at its own risk, for a period of ** ( * *) da for business to the public in the Leased Premises, f save for the obligation of die Lessee to pay for all Leased Premises dureng th period of such fixturin notice until the Commence em Date be a tenant in agreements as are contained in this Lease, mutatis n FURTHER PROV ED THAT NOTWIT the Lessor is unable to deliver vacant possession including but not limited to the holding over or retc the lack of completion of any repairs, improveme Lessee's occupancy of the Leased Premises, thei extended to correspond with the period of delay at diminution of Rent (excep that Rent shall not co. Premises is given by the Lessor to the Lessee) nor obligations hereunder be al fected. However, if the Premises to the Lessee wit six (6) months of th terminate this Lease by wri ten notice to the Lessee of no effect whatsoever. Aiy deposit paid by the L deduction, and neither part shall have any further I Architect giving notice to the Lessee that the Leased e Lessee's Work, the Lessee shall immediately take same fo the purpose of fixturing and installeng its s after receipt of such notice or until the Lessee opens ,e of the payment of Gross Rent, and Additional Rent itility charges used by the Lessee or consumed in the , and shall during the period from the giving of such he Leased Premises subject to the same covenants and STANDING ANYTHING TO THE CONTRARY, if the Leased Premises to the Lessee for any reason, tion of possession of any other lessee or occupant, or s or alterations required to be completed before the the time for commencement of the Term shall be the Lessee shall not be entitled to any abatement or mence to be payable until possession of the Leased all the va Lidity of this Lease or the parties' respective -essor dos not give vacant possession of the Leased date of tt is Lease, then the Lessor may, at is option, nd in sue] event this Lease shall be null and void and ;see to die Lessor shall be returned without interest or bilitv to tie other. Schedule "C" - Paj e4- ARTI LE II GRANT, TERA I AND IN ENT 2.01 Leased Premises (a) In consideratior of the rents, covenants nd agreen lents hereinafter reserved and contained on the part of the Les a to be paid, observed and performed, the Lessor demises and leases to the Lessee and the Lessee leases from the Lessor, the Leased Premises. The Leased Premises are presently designated as Stall C in the City 1v arket in th City of Saint John, in the County of Saint John and province of New Brunswick, and are shown outlined in red on Schedule "A" attached hereto. Stall C contains a Rentable Area f approximately Feet (400 112). In the event the Leased Premises is re- i4easured the Lessee shall pay all rents based on a maximum square footage of T (400 ft2). 2.02 Use of Common Areas The use and occupation by the Lessee ofthi Leased Premises shall entitle the Lessee to the use in common with all others entitled thereto of the Gommon Areas, subject however, to the terms and conditions of this Lease and to reasonable rules and egulations for the use thereof as prescribed from time to time by the Landlord. 2.03 Term of Lease TO HAVE AND T D HOLD the Leased Pri mises for md during the term of Five (5) years to be computed March 1, 2006 and fully to be completed and ended on February 28, 2011 save as hereinafter provided for earlier terminal on. PROVIDED THAI' if there is any Lessor'E Work or essee's Work to be performed prior to the Lessee opening for business in the Leased Premises r the Leas d Premises are occupied by a third party as of the date of this Lease, the Commencement Date st all be the earlier o£ a) forty-five (45) days after the Lcssor has delivered vacant possession of the Leased Premises the Lessee notwithstai iding that he Lessor may still, during such forty-five (45) day p riod, be completing its ork; or b) the opening by the Lessee to the pi blic of its business in the Leased Premises. Notwithstanding y change in the Commencement Date calculated in accordance with the preceding provisions here. the Terms shall expire n the dal set for such expiry in the first paragraph of this Section 2.03, subject al ays to earlier terminatic n as provided for in this Lease. PROVIDED THA upon the Lessor or it! Premises are available for he commencement of possession of the Leased P emises and shall occul inventory, at its own risk, for a period of ** ( * *) da for business to the public in the Leased Premises, f save for the obligation of die Lessee to pay for all Leased Premises dureng th period of such fixturin notice until the Commence em Date be a tenant in agreements as are contained in this Lease, mutatis n FURTHER PROV ED THAT NOTWIT the Lessor is unable to deliver vacant possession including but not limited to the holding over or retc the lack of completion of any repairs, improveme Lessee's occupancy of the Leased Premises, thei extended to correspond with the period of delay at diminution of Rent (excep that Rent shall not co. Premises is given by the Lessor to the Lessee) nor obligations hereunder be al fected. However, if the Premises to the Lessee wit six (6) months of th terminate this Lease by wri ten notice to the Lessee of no effect whatsoever. Aiy deposit paid by the L deduction, and neither part shall have any further I Architect giving notice to the Lessee that the Leased e Lessee's Work, the Lessee shall immediately take same fo the purpose of fixturing and installeng its s after receipt of such notice or until the Lessee opens ,e of the payment of Gross Rent, and Additional Rent itility charges used by the Lessee or consumed in the , and shall during the period from the giving of such he Leased Premises subject to the same covenants and STANDING ANYTHING TO THE CONTRARY, if the Leased Premises to the Lessee for any reason, tion of possession of any other lessee or occupant, or s or alterations required to be completed before the the time for commencement of the Term shall be the Lessee shall not be entitled to any abatement or mence to be payable until possession of the Leased all the va Lidity of this Lease or the parties' respective -essor dos not give vacant possession of the Leased date of tt is Lease, then the Lessor may, at is option, nd in sue] event this Lease shall be null and void and ;see to die Lessor shall be returned without interest or bilitv to tie other. Forthwith, upon the Conan shall execute an acknowled The Lessee shall I end of the rent -free peril thereafter all payments of otherwise specified herein. 2.04 Option to Renew The Lessee shall l the then prevailing market than six (6) months prior tc 3.01 Gross Rent The Lessee shall per square foot of Leased I advance on the first day of Year 1 Year 2 Year 3 Year 4 Year 5 3.01.1 Back Rent In addition to the Dollars ($7.00) per square Lessee shall pay this am( monthly in advance, accon Every year durin The Lessee shall Dollars per square foot per 3.02 Reports by Lesse Lease for Stall Sp ice — City Market Vera Bochar/Tl a Baking Stone Sched le "C" I Pale 5 - I nt Date being det4rmined in accordance with the foregoing, the Lessee of same on Lesso s usual fiat, all Gross Rent and Ad itional R t calculated on a per diem basis, from the to the last day of the onth in hich the Commencement Date occurs and at shall be made on th first day f each month throughout the Term unless ,e the option to renew is Lease f r a further one (1) term of five (5) years at to by providing written notice of i intention to renew to the Lessor no later ie expiration of the Initi 1 Term. III RENT y annual Gross Rent to the averag amount of Twenty-Five ($25.00) Dollars ;mises. The Gross Rent shall be paid in equal monthly instalments, monthly in ich and every month. A cording to the following schedule: $700.00 monthl ($21.00 per square foot) $766.60 monthl ($23.00 per square foot) $533.33 monthl ($25.00 per square foot) $900.00 monthl ($27.00 per square foot) $966.66 monthl ($29.00 per square foot) ross Rent, The Lessee hall pay t the Lessor an additional amount of Seven of per annum plus HST in lieu of ack Rent for the duration of the term. The it on the first day of each and very month in equal monthly instalments, g to the following sche ule: the term hereof - $233 33 monthly ($7.00 per square foot) gn a Promissory Note n the amount of $14,000.00, the equivalent of Seven mum for the term herec f as back rent. a) The Lessee shall submit to the Le calendar month during the Term end of thc Term, at the place th signed by the Lessee showing the fractional month, if any) and the such Leas Year; b) On or bef are the 60`s day follown Year of tile Term) the Lessee shz and scope as the Lessor reasonat during the preceding Lease Year, the Lessee. The Lessee will m reporting of Gross Receipts wit consent sliall not be unreasonably c) In addition to any other reports re to the Lessor a statement of th particular week in respect of whi, acknowle ged that such weekl promotions or other special activi r on or before the 10h day following the end of each i including the 10`s day of the month following the fixed for the payment of Rent, a written statement ount of Gross Receipts for the preceding month (and count of Gross Receipts for all preceding months of the end of each Lease Year (including the last Lease submit to the Lessor a statement in such form, style determines, showing the amount of Gross Receipts hich statement shall be duly certified to be correct by change its procedure relating to any aspect of its ,ut the prior written consent of the Lessor, which red by is Section 3.02, the Lessee shall also supply ipproxi ate amount of Gross Receipts during any such a s atement is requested by the Lessor, it being gtatemer t will be requested during weeks when are beii ig carried on in the City Market. Lease for Stall Sp ice — City Market Vera Bochar/Tl a Baking Stone Sched le "C" - Paj e6- 3.03 Audit (Mandatory When rent calculation b sed on Lei see's sales) At its option, the Lessor may cause, at any r asonable t me upon five (5) days' prior written notice to the Lessee, a complete audit to be made of the Lessee's entire business affairs and records relating to the Leased Premises for the per. od covered by any star( ment issued by the Lessee pursuant to Section 3.02. Any information obtained b the Lessor as a result of such au ( it shall be held in strict confidence by the Lessor. 3.04 Rent Past Due If the Lessee fails t pay, when the same is due and p yable, any Gross Rent, Additional Rent or other amount payable by the Lessee under this Lease such unp id amounts shall bear interest from the due date thereof to the date of p yment, compounded in thly at tht rate equal to four (4) percentage points in excess of the Prime Rate. I i 3.05 Deposit The Lessor ackno ledges receipt of Zerc Dollars $00.00) which it will apply towards the payment of Gross Rent for the first and last months o the Term except that the Lessor may apply all or part of the amount retained for application towards the la t month's Gross Rent as compensation for any loss or damage arising from the br ach by the Lessee of y provisions of this Lease. This right will not be construed to limit the Lessor's other rights under this Lease or at law or to limit the amount recoverable by the Lessor for damages in respect of breaches by the Lessee of this Lease. If the Lessor uses all or part of the deposit for the last mon h's Gross Rent as prov ded above, the Lessee will, upon notification by the Lessor, pay to the Lessor the amount required to reii nburse it for the amounts so applied. The Lessor will not be required to pay interest to the Lessee on any o the amounts paid to the Lessor or retained by it under this section. The Lessor may deliver the aforesaid c eposit to any purchaser of the Lessor's interest in the City Market or any part thereof, whereupon the Lessor will immediately be discharged from any further liability with respect to the deposit. The Lessee A ill not ass gn or encumber its interest in the deposit except in connection with a permitted Transfer, in hich case the Lessee's interest in the deposit will be deemed to have been assign d to the permitted Trans eree as of a date of the Transfer. 3.06 Pre - Authorized The Lessee may articipate in a pre -at authorized to debit the Lessee's bank account each amount equal to the Gross Rent and Additional generally any amount payable provisionally pursua In the event the Lessee opts to participate in the pri of application which is the same or similar to Schec within five (5) days of presentation. In lieu of f Lessor shall be entitled to require the Lessee to p monthly postdated cheques for each such Lease YE Rent payable on a monthl basis, and, if applical provisions of this Lease on an estimated basis. 4.01 Taxes Payable by the Lessor The Lessor shall 1 or any part thereof subje Lessee. However, the Les law, by -law, regulation or fullest extent permitted by 4.02 Taxes Payable by a) The orized payment plan whereby the Lessor will be onth frou time to time during each Lease Year in an ,nt payab e on a monthly basis, and, if applicable, to the prc visions of this Lease on an estimated basis. authorized payment plan, the Lessee shall sign a form e "D- I ", o give full force and effect to the foregoing pre -auth rized payment plan referred to above, the >ent at the beginning of each Lease Year a series of for the aggregate of the monthly payments of Gross any am unt payable provisionally pursuant to the FUA y all Taxes which are le "ed, rated always to the provisio is of this r may defer payment o any such •dinance in connection ith the It w, so long as it diligently prosecui charged or assessed against the City Market Lease regarding payment of Taxes by the Faxes or defer compliance with any statute, ying of any such Taxes in each case to the s any contest or appeal of any such Taxes. shall during the Tertn pay, without any deduction, abatement or set -off all Taxes levied, laid fr assessed on or against the Leased Premises; b) In the cas of assessments for l0 1 improv ents or betterments which are assessed or imposed uring the term and wh h may b law be payable in instalments, the Lessee shall only be obligated to pay suc instahnen s as same fall due during the Term, together with inter st on deferred payment Lease for Stall S ace —City Market Vera Bochar a Baking Stone Sched le "C" - Pake7- c) In any suit or proceeding of any kind or nature arising or growing out of the failure of the Lessee to keep any covenant cent fined in th is Article, the certificate or receipt of the department, officer or bureau charl ed with cc llection of the Taxes, showing that the tax, assessment or other charge affecting the Leased Premises is due and payable or has been paid, shall be prima facia evidence that such tax, assessment or other charge was due and payable as a lien or charge against i he Leased Premises or that it has been paid as such by the Lessor d) The Lessee, if allowed by the tax' authority shall have the right to contest or review by legal proceedings or in such in er as the Lessee in its opinion shall deem advisable (which prc ceedings or other steps I aken by the Lessee shall be conducted diligently at its own expense and free of expense to the Lessor) any and all Taxes levied, assessed or imposed u on or against the Lease Premises or Taxes in lieu thereof required to be paid by the Les 3ee hereunder. No such ontest shell defer or suspend the Lessee's obligations to pay the Taxes as herein provided pending the contest, but if by law it is necessary that such pa ent be suspended to pre erve or perfect the Lessee's contest, then the contest shall not a undertaken without tiere being first deposited with the Lessor a sum of money equal to twice the amount f the Tax ,-s that are the subject of the contest, to be held by the Lessor as an indemnity to pay sue Taxes upon conclusion of the contest and all costs thereof that maybe impos d upon the Lessor or the Leased Premises. Any costs associated with an appeal unde aken by the Lessor, the Lessee shall pay their proportionate share of such costs; e) The Lessee upon request of the L ssor will promptly exhibit to the Lessor all paid bills for Taxes which bills after inspection by the ssor shall be returned to the Lessee. 4.03 HST Payable by Lessee The Lessee shall pay to the Lessor all HST n Rent and any other HST imposed by the applicable legislation on the Lessor or Lessee with respect to th s Lease, in the manner and at the times required by the applicable legislation. Such. amounts are not consic eration for the rental of space or the provision by the Lessor of any service under this Lease, but shall be feemed to be Rent and the Lessor shall have all of the same remedies for and rights of recovery of such ar iounts as it has for recovery of Rent under this Lease. If a deposit is forfeited to the Lessor, or an amount becomes payable to the Lessor due to a default or as consideration for a modification of this Lease, and tl te applicable legislation deems a part of the deposit or amount to include HST, the eposit or amount will be increased and the increase paid by the Lessee so that the Lessor will receive the full amount of the forfeited deposit or other amount payable without encroachment by any deemed HST portion. 4.04 Business Taxes and Other Taxes of Lessee Ii The Lessee shall pay to the lawful taxing a critics, � hen the same becomes due and payable: a) all taxes, aces, duties, assessmeml i and othe charges that are levied, rated, charged or assessed a ainst or in respect of al improve ents, equipment and facilities of the Lessee on or in th e Leased Premises; and b) every tax d license fee which is evied, rat d, charged or assessed against or in respect of any business carried on in the eased Pre ises or in respect of the use or occupancy thereof whether in any case any suc taxes, rates, duties, a; by any federal, provincial, municipal or other body. 5.01 Utilities The Lessee shall p y all utilities directly t that a Lessee leases cooler space with the Leased P proportionate share of any utility consumed. license fees are rated, charged or assessed V the utilityl company, on a metered basis. In the event miser, the Lessee shall pay to the Lessor the Lessee's I Lease for Stall S ace — City Market Vera Bochar a Baking Stone Sche le "C" -P e8- ARTI LE VI MERCHANTS ASSOCI TION 6.01 Merchants' If and when an as ociation or corporation f merchants or lessees (the "Association") is formed comprising tenants of the City Market, the Lessee A ill forthwith become a member of such Association or if such an Association has already been formed, the Lessee shall forthwith become a member thereof and the Lessee shall retain its membership in such Association during the entire Term and shall abide by all rules, regulations, by -laws decisions, directions, dues and assessments of the Association. Such Association shall in no way affect the rights of the essor and any by -laws, rules and regulations of such Association shall at all times be subject to the prior proval of the Lessor. 6.02 Promotion Fund The Lessee shall play to the Lessor an twelve (12) monthly instalments each instalment CONDUCT OF 7.01 Use of Leased equal to 6% of annual Gross Rent to be paid in on the 1' day of each month during the Term. VII TENANT a) The Leased Premises shall be u ed continuously, actively and diligently for the sole purpose o 7a bakery, where the following products and services may be sold: breads, rolls, bagels, pastries, cakes, for s, cookies, cupcakes, pies, tea biscuits, cream puffs, squares, liabetic bakery proilticts, jams, jellies, preserves, baking utensils, cook books, hi rd and soft liquorice, plain anc I candied popcorn, candy and chocolate related gi It packages, crackers a id bread c rumbs, oils and vinegars, herbs for bread dips, lunch specialities, fresh baked focac Jas , onion/cheese topped baked desserts, small selection of essential oils/ 'tchen so ps, cooking magazines, New Brunswick products related to whole food v ellness w ich can be used for gift baskets as related to main product lines and other elated products as approved by the Deputy Market Clerk. The Lessee will not use or permit or st ffer the us of the Leased Premises or any part thereof for any other business or purpose. In connection with the business to be conducted by the Lessee on the Leased Premises, the LA ssee shall only use the advertised name "The Baking Stone" and will not change the advert sed name of the business to be operated in the Leased Premises without the prior written con ent of the Lessor. The Lessee shall not introduce new 3roduct li es, or offer new services to its customers without fast obtaining the written consent of the Lessor. The Lessee acknowledges that it would be reasonable for the Lessor to ithhold it consent if the introduction by the Lessee of such product line or service would compete with the business of other tenants in the City Market or infi7nge on exclusive covenants granted by the Lessor. Unless otherwise specifically set out irt this Lease to the contrary, nothing contained in this Lease shall: i) confer upon the Les see the exclusive right to sell or provide in the City Market any o the products or services permitted to be sold or provided from the Leased Premises purl ant to this Section 7.01; nor (ii) prevent the Lessor from leasing any other premises in th City Market to any otl Let tenant(s) carrying on a business which is similar in whole or in part to the business pertained to be carried on from the Leased Premises pursuant to this Section 7.01. b) The Lessee acknowledges that i continued occupancy of the Leased Premises and the regular cc nduct of business there' i are of utr iost importance to neighbouring tenants and to the Lessor in the renting of s ace in the City Market, the renewal of other leases therein, the efficient and econorn c supply of services and utilities, and in the character and quali y of other tenants in C.e City M ket. The Lessee therefore covenants and agrees that throughout the Tem it will occupy the entire Leased Premises, comply strictly with the provisions of I ection 7.01 and not vacate or abandon the Leased Premises at any time during the Term. The Lessee acknowledges that the Lessor is executing this Lease in reliance thereupon and that the same is a material element inducing the Lessor to execute this Lease. The Lessee further agrees that if it vacates or Lease for Stall S ace — City Market Vera Bochar/T le Baking Stone Sched ile "C" -Pa e9- abandons he Leased Premises or fails to so conduct its business therein, or uses or permits or suffers the use of the U ased Premises for any purpose not specifically herein authorized and allowed, the Lessee will be in breach of the Lessee's obligations under the Lease, and then, without constituting a waiver of the Lessee's obligations or limiting the Lessor's remedies under this Le e, all Rent reserved in this Lease will immediately become due and payable to the Le or unless 4taranteed to the satisfaction of the Lessor. The Lessor will have the right, wi hout prejudice to any other rights which it may have under this Lease or at law, to obtaft an injunction requiring the Lessee to comply with the provisions of this Section 7.01(b). 7.02 Conduct and Opei ation of Business The Lessee shall occupy the Leased Prei aises frorr and after the Commencement Date and thereafter shall conduct continuously and actively business set out in Section 7.01, in the whole of the Leased Premises. In the conduct of the Lessee's busi iess pursu t to this Lease the Lessee shall: a) operate its business with due dilig nce and e ftciency and maintain an adequate staff to properly serve all customers; own, ' stall and keep in good order and condition free from liens or rights of third parties, fixt ires and a ( uipment of first class quality; and carry at all times stich stock of goods and i aerchandis,- of such size, character and quality as will produce the maximum volume of sales from the Leased Premises consistent with good business practices; b) conduct it business in the Leased Premises during such hours and on such days as the Lessor fro in time to time requires r permits and at no other time. However the Lessee is not required or permitted to carry on its business during any period prohibited by any law regulating the hours of business. I f the Lessee fails to open on the Commencement Date or during the days and/or hours equired by the Lessor, then in addition to all other amounts of Rent payable under Lease the Lessee shall pay as Additional Rent to the Lessor upon demand as liquidated damages a id not as a penalty, an amount equal to two hundred fifty dollars ($250.00) p r day for each and every day that the Lessee is in default. When not open for business the security of the Leased Premises is the sole responsibility of the Lessee; c) keep displ iys of merchandise in thc display ' dows (if any) of the Leased Premises, and keep the display windows and signs (if any) in the Leased Premises well -lit during the hours the ssor designates from t' me to time acting reasonably; d) stock in tl a Leased Premises only merchandise the Lessee intends to offer for retail sale from the eased Premises, and not use any portion of the Leased Premises for office, clerical oi other non - selling pu ses exce t minor parts reasonably required for the Lessee's business in the Leased Pr mises; e) abide by Ell rules and regulations and general policies formulated by the Lessor, acting reasonably, from time to time relat ng to the delivery of goods to the Leased Premises; f) not allow r cause to be committ any waste upon or damage to the Leased Premises or any nuisance or other act or thing hich disturbs the quiet enjoyment of any other lessee in the Ci Market or which unre onably disturbs or interferes with or annoys any third party, or which may damage the C ty Market; g) not allow r cause to be done any act in or about the Common Areas or the City Market which in tie Lessor's opinion, act ng reasonably, hinders or interrupts the City Market's flow of tr, ffic in any way, obstructs the free movement or parties doing business in the City Mar t; h) not allow nr cause business to be solicited it. any part of the City Market other than the Leased Pr mises, nor display any merchandise outside the Leased Premises at any time without e prior written consent o the Lessor; i) use the name designated for the ity Market by the Lessor from time to time and all insignia or other identifying nam s and m ks designated by the Lessor in connection with the advertising of the busin conduct in the Leased Premises. Notwithstanding the forego ' g the Lessee will not quire any rights in such names, marks or insignia and upon the Lessor's request the Les a will abandon or assign to the Lessor any such rights which the Lessee may acquire y operati n of law and will promptly execute any documents required by the Lessor o give effgct to this subparagraph (i); j) not install or allow in the Leased remises any transmitter device nor erect any aerial on the roof of any building forming art of the (City Market or on any exterior walls of the Lease for Stall Sp�ce — City Market Vera Bochar/T a Baking Stone «C„ -Pag 10- Leased Pre rnises or in any of the C mmon Areas. Any such installation shall be subject to removal by the Lessor without tice at an r time and such removal shall be done and all damage as a result thereof shall a made good, in each case, at the cost of the Lessee, payable as Uditional Rent on dem d; k) not use any travelling or flashing lights signs or any loudspeakers, television, phonograph, radio or other audiovisual or mechanical devices in a manner so that they can be heard or seen outside of the Leased Preimises without the prior written consent of the Lessor. If the Lessee uses any such equ pment without receiving the prior written consent of the Lessor, the Lessor shall bee titled to remove such equipment without notice at at y time and such remova shall bed one and all damage as a result thereof shall be made g od, in each case, at th cost of e Lessee, payable as Additional Rent on demand; 1) not install or allow in the Leased P emises any equipment which will exceed or overload the capacit of any utility, electrica I or mecha iical facilities in the Leased Premises or of which the essor has not approved If the Lessee requires additional utility, electrical or mechanica facilities, the Lessor y in its sole discretion if they are available elect to install them at the Lessee's expens ( and in accordance with plans and specifications to be approved iii advance in writing by I ne Lessor; m) not bring i tpon the Leased Premiss any machinery, equipment, article or thing that by reason of its weight, size or use, r tight in the opinion of the Lessor, acting reasonably, damage th Leased Premises or o erload the floors of the Leased Premises. Any such machinery equipment, article or ding shall be subject to removal by the Lessor without notice at any time and such removal shall be done and all damages as a result thereof shall be made good, in each case, the cost of the Lessee, payable as Additional Rent on demand; n) observe and comply with all feceral, provincial or municipal laws pertaining to or affecting the Leased Premises, the Lessee's use of the Leased Premises or the conduct of any business in the Leased Premises, or the making of any repairs, replacements, alterations additions, changes, sibstitutiorLs or improvements of or to the Leased Premises, and the regulations of a ay insurance underwriters in respect of the insurance maintained by the Lessor in respec of the City Market, and carry out all modifications to the Leased Premises and the Le see's conduct of business or in use of the Leased Premises which may be required 4 any such uthorities. 7.03 Prohibited Activities a) The Lease acknowledges that it i only one f many tenants in the City Market and that therefore le Lessee shall conduct its busbiess in the Leased Premises in a manner consistent with the best interests ol the City Market as a whole; b) The Lessc r shall have the right to cause the Lessee to discontinue and the Lessee shall thereupon forthwith discontinue t ie sale of any item, merchandise, commodity or the supply of any service or the carryi g on of any business, any of which is either prohibited by this Section 7.03 or which the Lessor, acting reasonably, determines is not directly related to ffie business set out in Section 7.01 The Lessee will not allow or cause the use of any part of the Leased Premises for any of the following businesses or activities: i. the sale of secondhand goods or s his articles, insurance salvage stock, fire s ile stock or bankruptcy ock; ii. a sale of goods, except as may b specifically permitted by the provisions of Section 7.01; iii. auction, bulk sale (o er than a bulk sale made to an assignee or sublessee pursuant to a permitted ssignmen or subletting hereunder), liquidation sale, "going out of business" o bankruptcy sale, or warehouse sale; iv. any advertising or selli g procedures which would, or any sale or business conduct or practice which would, because of the merchandising methods or ualiTy of operation likel to be use in either case in the Lessor's opinion, tend to lower the character of he City M ket or harm or tend to harm the business or reputation of the Lessor r reflect unfavourably on the City Market, the Lessor L r other tenants in the City Market or tend to confuse, deceive, mislead or be udulent to the public; or v. � mail order business orla department store, junior department store or variety Lease for Stall S #ace — City Market Vera Bochar/T a Baking Stone :.C>, M 7.04 Hazardous Substances The Tenant covenants and agrees to utili the Leas manner so that no part of the Leased Premises or urroundinj refine, treat, transport, store, handle, dispose of, tr fer, pro( except in strict compliance with all applicable fe ral, provi regulations, including, without limitation, environm ntal, land laws, regulations, requirements, permits, statutes, )y-laws an covenants and agrees to ind mnify and save harmle s the Less, responsible from any and all loses, costs, claims, damages, contributed to by any Hazardous Substances which are at any part of the Leased Premises. The Lessee hereby a ees that) shall have the right at the Lessee's expense, payable as Additic of an invoice therefor, to conduct such environmental site n necessary for the purpose of ensuring compliance wi this Sect to this Section 7.04 shall s ive the expiration or a Tier tenpin VIH d Premises and operate its business in a lands are used to generate, manufacture, ice or process any Hazardous Substance, cial and municipal statutes, by -laws and se and occupational and health and safety regulations. Further the Lessee hereby r and those for whom the Lessor is in law iabilities, expenses or injuries caused or ime located, stored or incorporated in any ie Lessor or its authorized representatives ial Rent within fifteen (15) days of receipt views and investigations as it may deem m 7.04. The Lessee's obligations pursuant tion of the Term. ALTERATMONS AND REPAIRS AND LESSOR'S CONTROL OF CITY MARKET 8.01 Installations by the Lessee All equipment, fix es and improvements nstalledby the Lessee in the Leased Premises shall be new or completely reconditioned. The Lessee shall i tot make any alterations, additions or improvements or install or cause to be installed any trade fixtures, ex rior signs floor covering, interior or exterior lighting, plumbing fixtures, shades or awnings or make any changes to the store front without first obtaining the Lessor's written approval and consent. The Lessee shall present to the Lessor plans and specifications in form, content and such detail as the Lessor may reasonably require for such work at the time approval is sought. The Lessee cove its that any work that rr ty be done in respect of the Leased Premises by or on behalf of the Lessee shall be done in such a manner s not to cc nflict or interfere with any work being done or about to be done by the Lessor in or about the C ty Market whether such conflict or interference shall arise in relation to labour ur ions or otherwise and Lessee sl kall obtain all requisite permits, licenses and inspections in respect of any such work done by r on the Lessee's behalf. Notwithstanding anything herein contained, the Lease shall make no alteratii ns, additic ns or improvements that are of a structural nature or that would lessen a value or Rentable Ara of the Leased Premises or the City Market, or would interfere with the usage of a Common Areas. All alterations, de orations, additions and improve ents made by the Lessee or made by the Lessor on the Lessee's behalf by agreement and r this Lease shall immediately upon installation or affixation become the property of the Lessor withol it compensation therefor to the Lessee, but the Lessor shall be under no obligation to repair, maintain or insure the alterations, decorations, additions or improvements. Such altera ions, decorations, addit ons and improvements shall not be removed from the Leased Premises without prior consent in writing from the Lessor. Upon expiration of this Lease, the Lessee shall, at the option f the Lessor, remove all trade fix es and personal property and shall remove all such alterations, decorations, additions and imptDvements end restore the Leased Premises as required by the Lessor. I 8.02 Maintenance and Repair by the Lessee The Lessee will at all times keep the Leas d Premises (including exterior entrances and all glass and show windows) and al partitions, doors, fix es, equipment and appurtenances thereof (including lighting, heating and plumb ng fixtures, and the elec rical and mechanical systems) in good order, condition and repair (including periodic painting or redecorat ng and preventative maintenance as determined by the Lessor and including such repairs or replacements as are required to keep the Leased Premises in good repair and condition). All foresaid maintenance, pairs, restorations and replacements shall be in quality and class equal to the original work or installations. it 8.03 Signs, Awnings, The Lessee will ni window of the Leased Pren kind, and will not place or window or door of the Leas The Lessee further agrees to or other thing as may be foregoing, the Lessee shall the exterior of the Leased P of which the Leased Premiss 8.04 Surrender of Subject to Article wear and tear only excepte termination of the Term the Premises were in upon de excepted, and shall surrend the payment of Rent and sl the Leased Premises. Shou personal property shall be otherwise disposed of by tl therefor. The Lessee's oh earlier termination of the T( Lease for Stall S ce — City Market Vera Bochar/T a Baking Stone place or suffer to be ses any sign, awning 4 naintain any decoratio J Premises without firs maintain such sign, au 3proved in good cond taintain any signs or di emises in a manner whi form a part and which Premises 0.01, the Lessee will 1 Without limiting the 1 ,essee shall surrender th ✓ery of possession then all keys for the Lease 11 inform the Lessor of . the Lessee fail to remo teemed to be abandon Lessor without notice gations to observe or 1 m of this Lease. 8.05 Lessee to Dischargle all Liens The Lessee will or filed against: a) the City b) the Les Leased le "C" �12- dated or canopy c lettering obtaining ing, canol ion and r plays of it h is in ke( maintained on any exterior door, wall or r advertising matter or other thing of any or advertising matter on the glass of any he Lessor's written approval and consent. y, decoration, lettering, advertising matter :pair at all times, and in addition to the goods or wares which may be seen from ping with the character of the City Market to enhance the business of the Lessee. we the Lased Premises in good repair, reasonable neraliry f the foregoing, at the expiration or earlier Leased P emises in the same condition as the Leased o under his Lease, reasonable wear and tear only Premises to the Landlord at the place then fixed for Il combin itions on locks, safes and vaults, if any, in its fixtu es and personal property, such fixtures and I by the essee and may be appropriated, sold or r obligati n to compensate the Lessee or to account rform thi covenant shall survive the expiration or e that no construction or other ket or any part of it; o interest in the Leased remise: or charge, or notice thereof, is registered any of the leasehold improvements in the by any person claiming by, through, under or agairst the Les ee or its contractors or subcontractors. If such a lien or charge or noti a thereof is registered < ir filed an the Lessee fails to discharge it within five (5) days after written notice from the Lessor, the Les sor may & scharge it by paying the amount claimed to be due into court or directl to the claimant and the Lessee w 11 pay to the Lessor as Additional Rent on demand all costs (including legal fees) incurred by the Lesso in connection therewith, together with an administrative overhead chai ge of fifteen percent (15 Vol thereon l 8.06 Rules and The Lessee will co to time to amend or suppler if any, shall be given to the amendments and supplemer Lease. The Lessor shall nc provisions of such Rules ar other lease of premises in d provisions. All Rules and R 8.07 Maintenance and The Lessor shall, maintained and repaired, t exterior weather walls, sub If, however, the Lessor is t Leased Premises or the C employees, agents, invitee subtenants, the Lessee shy maintenance or repairs, tog ply with the Rules an( nt the Rules and Regt essee, and the Lessee provided that no Rt be responsible to the Regulations by any ( City Market and the 1 .ulations shall be enfo . by the Lessor bject to the other provi structure of the City I )or, roof, bearing walls luired to maintain or re y Market by reason o suppliers, agents and pay on demand as � her with an administrati egulatio s. The Lessor reserves the right from time ions. Notice of such amendments and supplements, rees ther upon to comply with and observe all such or Regulation shall contradict any provision of this ,ssee for non- observance or violation of any of the -r tenant of the City Market or of the terms of any sor shall be under no obligation to enforce any such d against the Lessee in a non - discriminatory manner. .ons of th' Lease, maintain and repair or cause to be larket, in luding without limitation, the foundations, nd structural columns and beams of the City Market. air any s ctural portions or any other portion of the the negligent acts or omissions of the Lessee, its servants of suppliers, licensees, concessionaires or iditional Rent, the Lessor's costs for making such e fee of fifteen percent (15 %) of such costs. Lease for Stall SI ace — City Market Vera Bochar a Baking Stone Sched ile "C" - Pae13- 8.08 Control of City Market by Lessor The City Market d the Common Areas management of the Lessor. Without limiting the ge control, management and operation of the City Ma and general policies with respect to the operation throughout the Term to construct, maintain and op( conditioning systems; provide supervision and po. portion of the City Market to such extent as may in I to prevent a dedication thereof or the accrual of an and terminate easements or other agreements pertain City Market; obstruct or close off all or any part of or construction, employ all personnel, including si operation, maintenance and control of the City Mai time for merchandising, di lay, decorations, enter special features or promotioi al activities; designate i which loading and unloadi of goods shall be car delivery or shipping of me chandise, supplies and portions of the City Market; lesignate and specify tb the manner and the times an I places at which same i efficient and proper opera n of the City Market pickup and disposal of re se and garbage instep municipality, the Lessee sh ill use same at the Les location, arrangement or t se of the City Marke improvements in the City Aarket and make chan improvements in the City Market and make change such other acts in and to the City Market as in the u be advisable for the more a cient and proper operas Notwithstanding a ything to the contrary, rights as set out in this S ction 8.08, the Com whatsoever, the Lessor is not subject to any liabi diminution or abatement o Rent nor is any alt, constructive or actual evictic n, or a breach of any c 8.09 Lessor's Right to 1~ nter Leased Premises re at all imes subject to the exclusive control and xality of I he foregoing, the Lessor has the right in its et and by the establishment of rules and regulations >f the City Market or any part thereof at all times ate lighting facilities and heating, ventilating and air :ing services for the City Market; close all or any e opinion 3fthe Lessor's counsel be legally sufficient rights to any third party or the public; grant, modify ig to the use and maintenance of all or any part of the e City Mz rket for the purpose of maintenance, repair rervisory ersonnel and managers necessary for the et; use any part of the Common Areas from time to driment and structures designed for retail selling or e areas and entrances and the times in, through and at ed out; control, supervise and generally regulate the ixtures to and from the Leased Premises, and other kind of container to be used for garbage and refuse in to be placed for collection (if the Lessor for the more ,rovides or designates a commercial service for the of or in addition to the service provided by the :e's cost); from time to time change the area, level, or any part thereof, construct other buildings or :s to any part thereof, construct other buildings or to any part of the City Market; and do and perform of good usiness judgment the Lessor determines to in of the ditv Market. as a resul of the exercise by the Lessor of any of its n Areas are diminished or altered in any manner 7 nor is t ie Lessee entitled to any compensation or Lion or d minution of the Common Areas deemed ,Want for uiet enjoyment contained in this Lease. a) It is not a re -entry or a breach lof quiet njoyment if the Lessor or its authorized representatives enter the Leased Pr miser at reasonable times to: i. a amine them; ii. make permitted or Leased Premises (i installations in the iii. excavate land adjacent or extent reasonably poss interfering with the Lesse Lessor may take materia. Rent will not abate or be additions are being made y interruption of busine b) At any tirne during the Term, the purchasers and during the six (6) 1 the Lessoi may exhibit the Lease Leased Premises the usual notice " where placed without molestation; c) If the Lessee shall not be pers Premises, at any time, when permissible, the Lessor or the may forcibly enter the same, v and without in any manner affe repairs, alterations, improvements or additions to the the pipe 4l conduits, wiring, ducts, columns and other remises) or the City Market or adjacent property; or bjacent o the Leased Premises; in each case (to the )le in the circumstances) without unreasonably 's busines operations in the Leased Premises, and the into and on the Leased Premises for those purposes. uced while the repairs, alterations, improvements or The Lessor will take reasonable steps to minimize resulting from any entry. ;ssor ma exhibit the Leased Premises to prospective mths P. to the expiration of the term of this Lease, Premises to prospective tenants and place upon the o Let" w ich notice the Lessee shall permit to remain y present o open and permit an entry into the Leased any reason an entry therein shall be necessary or sor's agents may enter the same by a master key, or ut rendering the Lessor or such agents liable therefor, g the obligations and covenants of this Lease; Lease for Stall S ace' CO Market Vera Bochar/ a Baking tone Sche le C -Pa e14- d) Nothing in this Section contained, the Lessox any obligation, respons or repair of the City Market or specifically provided. AR' INSURANCE ver, s all be deemed or construed to impose upon or li bility whatsoever for the care, maintenance part ereof, except as otherwise in this Lease IX 9.01 Lessee's Insuranc i a) The Lessee shall throughout the Term, at it own cost land expense, take out and keep in full force and effect the following insurance: i. All -ri k insurance upon prop rty owne by the Lessee or for which the Lessee is legall liable (including, sign and plate glass) and which is located within the City Mark .-t in an amount of not le s than the It replacement cost thereof, ii. Coml rehensive General Lial ility with minimum limits of at least Two Million Dollars ($2,000,000.00) or su h higher I imits as the Lessor may reasonably require from ' e to time. This polic shall incl de: a) The City added as an Ad ( itional Insured; b) I riclusive limits for bodil injury an property damage; c) Personal injury liability; d) enant's Legal Liability; e) Contractual Liability witl respect tol this Lease; f) remises, Property and erations; g) Completed Operations; h) A Cross Liability Clause; it A Thirty (30) days writt n notice c f Cancellation shall be given to the City of Saint John. iii. The Lessee shall also provide any other I orm of insurance as the Lessee or the Lessor may easonably require from ime to time in form, in amounts and for insurance risks agair st which a prudent ten would insure. b) All policies shall t a taken out with reputab le and recc gnized insurers acceptable to the Lessor and shall be in a form atisfactory from time to time to the Lessor. The Lessee agrees that certificates of insurance of ea h such insurance polic3 will be delivered to the Lessor as soon as practicable after the placing f the required ins uran e. All policies shall contain an undertaking by the insurers to notify the Lessor in writing not less than durty (30) days prior to any material change, cancellation or termination thereof, c) The Lessee agrees that if the Lessee fails take out r keep in force any such insurance referred to in this Section 9.01, or should any such nsurance rot be approved by the Lessor and should the Lessee not rectify the situation immediate y after wraten notice by the Lessor to the Lessee, the Lessor has the right without assuming y obligat on in connection therewith to effect such insurance at the sole cost of the Lessee an all outlays by the Lessor shall be immediately paid by the Lessee to the Lessor as Additional Re t without prejudice to any other rights and remedies of the Lessor under this Lease. 9.02 Increase in The Lessee will no increase of premium for an} the rate for the least hazard( in default under this Sectioi policies taken out or mainta City Market or any part the use or occupation of the U Lessee shall forthwith rem( Lessor, and if the Lessee Lessor shall have the right Lessee for any loss or dam Lessee liable for any dama; option determine this Lease to do so, and thereupon Rei be apportioned and paid in equal to the Gross Rent pa; immediately deliver up pos the insurance rate on the conclusive evidence of the Premises. Bills for such ads the Lessor may elect and s thereof shall be deemed to b 9.03 Loss or Damage The Lessor shall r upon, at or relating to the Leased Premises, nor shall others from any cause wl negligence of the Lessor, it responsible. Without limiti or damage to persons or F water, rain, flood, snow m plumbing works, roof or sr tenants or persons in the Ci by construction or by any pi the Leased Premises shall b the Lessor and save it harm limitation, any subrogation injury to the Lessee, its sen the Leased Premises or to corporation on or about the of any utilities to the Lease( Lease for Stall Sl ace — City Market Vera Bochar a Baking Stone Sched ile "C" - Page 15- Premium allow or cause anything insurance on the Leased is type of occupancy leg 9.02 the Lessee shall p ned by the Lessor, or if ;of shall be cancelled of ised Premises or any ps ly or rectify such use c call fail to do so within o enter the Leased Prer ge occasioned by such e or loss resulting from brthwith by leaving upc : and any other paymen ill to the date of such do able for a period of on( ession of the Leased Pr Leased Premises, shoo several items and charg itional premiums shall b call be due from and p: and be paid as Additioc st be liable for any dea 'ity Market, or damage t be responsible for an atsoever, except any s agents, servants or emr .g the generality of the operty resulting from I leaks from any part of )surface of any floor or i Market or by occupan vate, public or quasi -pu so kept or stored at the :ss from any claims axis laims by the Lessor's ii ants, agents, employees, my property of the Le: eased Premises caused Premises. 9.04 Indemnification of the Lessor The Lessee will it actions, damages, liability : property arising from or out the Lessee of the Leased I omission of the Lessee, it invitees. In case the Lessor or against the Lessee, then and solicitors' and counsel such litigation. 10.01 Total or Partial If, during the T damaged by any cause in 0 occur u Premises illy permi y any res my insura refused t( -t thereof occupati twenty-f( ises and i utry and i such canc i the Lean for whic erminatio. (1) year mises, a ng the v es which rendered fable by 1 ELI Rent. the Leased Premises which shall cause any r the City Market or any part thereof above ed in the Leased Premises. If the Lessee is lting additional premium on any insurance ce policy upon the Leased Premises or the be renewed by an insurer by reason of the )r the acts or omissions of the Lessee, the n upon request to do so in writing by the ar (24) hours of such written request, the :ctify the situation, without liability to the ;ctification, or shall be entitled to hold the llation or refusal, or the Lessor may at its d Premises notice in writing of its intention the Lessee is liable under this Lease shall of the Lease, and together with an amount s liquidated damages, and the Lessee shall ;hedule issued by the organization making rious components of such rate, shall be lake the fire insurance rate of the Leased )y the Lessor to the Lessee at such times as ie Lessee when rendered, and the amount i or injury arising from or out of any occurrence in, o properiq of the Lessee or of others located on the loss of or damage to any property of the Lessee or -h death, injury, loss or damage results from the )yees or c ther persons for whom the Lessor is in law ,regoing, the Lessor shall not be liable for any injury •e, explosion, falling plaster, steam, gas, electricity, the Leased Premises or from the pipes, appliances, >eiling or from the street or any other place or other of adjacent property thereto, or the public, or caused lic work. All property of the Lessee kept or stored on A of the Lessee only and the Lessee shall indemnify cg out of y damages to the same, including, without curers. In no event shall the Lessor be liable for any mstomers and invitees or for any injury or damage to ee, or to any property of any other person, firm or ry an interruption, suspension or failure in the supply mnify the Lessor, anc save ha I expense in connectic n with k F any occurrence in, up on or at t mises or any part die reof, or agents, contractors, a uployees .all, without fault on it, part, be Lessee shall protect d hold :s on a solicitor and cl ent basis ART LE X kGE, DESTRUCTION AND ruction of Leased Pr mises the Leased Premises are exp ct of which the Lesso is insun less from and against any and all claims, of life, personal injury and/or damage to Leased premises, the occupancy or use by - asioned wholly or in part by any act or servants, licensees, or concessionaires or ide a party to any litigation commenced by harmless and shall pay all costs, expenses curred or paid by them in connection with mated or totally or partially destroyed or the following provisions shall have effect: a) If the Leased Pren shall abate in part occupancy by the rendered wholly u: either event until Lessee's restoratio b) Notwithstanding th Architect shall be ii within 180 days of terminate this Leasi such destruction or and become null a immediately surren be apportioned and and the Lessor may Lease for Stall Sp ice — City Market Vera Bochar/Tl a Baking Stone Sched le "C" - PaQ 16 - ;s are rendered partial . ly, in the proportion t ;see bears to the whole for occupancy by the day following a rea: following completion provisions of subparal capable of being reboil to happening of such d by notice in writing to damage and in the evej .d void from the date er the Leased Premises ;hall be payable by the •e -enter and repossess t If the Leased Premises are capable of being rebu happening of such damage r destruction or if wit] 10.01(b) the Lessor shall not give notice termi promptitude proceed to rebuild and/or repair or re! repair obligations under the Lease and the Lessee Lessor's work and, within a reasonable period detc restoration) complete the restoration of the Leased I The certificate of the Ai unfit for occupancy; (ii) completion of repairs. 10.02 Total or Partial In the event that destroyed by fire or other c or rebuilding will exceed notwithstanding that the Le to be exercised by notice occurrence, to elect to canc Term of this Lease shall e vacate the Leased Premises 10.03 Abatement of Notwithstanding shall be limited to an an insurance. 10.04 Expropriation The Lessor and th of the Leased Premises or to at law. To the extent, expropriated, the full proce Lessee will assign to the '. awards and will execute d intention. unfit for ccupancy by the Lessee, Gross Rent only �t the part of the Leased Premises rendered unfit for A the Lea 3ed Premises or if the Leased Premises are essee the Zent hereby reserved shall be suspended in nable per od (taking into account the extent of the the Lessor's restoration; iph (a), if the Leased Premises in the opinion of the md/or repaired or restored with reasonable diligence [ruction or damage, then the Lessor may at its option re Lessee given within thirty (30) days of the date of of such notice being so given this Lease shall cease f such destruction or damage and the Lessee shall nd all interest therein to the Lessor and the Rent shall essee onl to the date of such destruction or damage Leased Premises discharged of this Lease; and/or repaired or restored within 180 days of the the period of thirty (30) days referred to in Section ling this Lease, the Lessor shall with reasonable re the Leased Premises to the extent of the Lessor's call immediately upon substantial completion of the lined byte Lessor (given the extent of the Lessee's ;t shall bind the partie as to the i) extent to which the Leased Premises are required to rebuild an or repair Or restore the Leased Premises; and (iii) due of City substantial portion of ise, or in the event the iy $250,000 or more ed Premises may be m writing delivered to t and terminate this Le )ire upon the third (3` nd surrender the same .ng herein before equal to the am, Lessee will co- operate e City Market, so that e iowever, that a part of is that are paid or awarc ;ssor any rights that it documents that the Le e City Mirket shall be expropriated or damaged or )sts as est mated by the Lessor of repairing, restoring he procet ds of insurance available to the Lessor, 'fected, or in the event the Lessor shall have the right, s Lessee within sixty (60) days from and after said e. Upon he giving of such notice to the Lessee, the day after such notice is given, and the Lessee shall the Lesso . ained, all abatements of Rent set out in this Article X which the Lessor collects under any rental income each other if there is an expropriation of all or part may receive the maximum award that it is entitled City Market, other than the Leased Premises, is as a restilt, will belong solely to the Lessor, and the r have or acquire in respect of the proceedings or reasonably requires in order to give effect to this XI STATUS STATEMENT, SUBOF4DINATIQN AND ATTORNMENT 11.01 Status Statement Within fifteen (15 days after request, tht Lessee *,ill sign and deliver to the Lessor a status statement or certificate, stat' g that this Lease is in fi.11 force and effect, any modifications to this Lease, the commencement and expiry Jates of this Lease, the ate to w ich Rent has been paid, the amount of any prepaid Rent or deposits he d by the Lessor, whet h r there is any existing default and the particulars, and any other information requ' d by the party requestir g it. Lease for Stall Sp ice — City Market Vera Bochar/Tl a Baking Stone Sched le "C" i -Pag 17- 11.02 Power of Attorney The Lessee hereby rrevocably appoints the Lessor as the attorney for the Lessee with full power and authority to execute and deliver in the name of e Lessee any instruments or certificates required to carry out the intent of Section 11,01 which the Lessee shall ha a failed to sign and deliver within fifteen (15) days after the date of a N nitten request by the Le sor to exec to such instruments. ARTICLE XII TRANSFER I BY LESkE 12.01 Transfer Defined "Transfer" means, ( ) an assignment, sale, c nveyance, sublease, or other disposition of this Lease or the Leased Premises, or e ny part of them or any aterest in this Lease (whether by operation of law or otherwise), or in a partners ip that is a Lessee un er this Lease, (ii) a mortgage, charge or debenture (floating or otherwise) or other encumbrance of this I ease or the Leased Premises or any part of them, or of any interest in this Lease or of a partnership, or partni rship interest, where the partnership is a Lessee under this Lease, (iii) a parting with or sharing of posses 'on of all Dr part of the Leased Premises, and (iv) a transfer or issue by sale, assignment, bequest, inh 'tance, operation of law or other disposition, or by subscription of all or part of the corporate shares of he Lessee r an "affiliate" (as that term is defined on the date of this Lease under the Canada Business Coi porations Act) of the Lessee which results in a change in the effective voting control of the Lessee. "Trans eror" and `Transferee" have meanings corresponding to the definition of "Transfer" set out above, (it being understood that for a Transfer described in clause (iv) the Transferor is the person that has effective voting control before the Transfer and the Transferee is the person that has effective vo "" g control after the Tra fer). 12.02 Consent Required The Lessee will no allow or cause a Transfer, without the prior written consent of the Lessor in each instance which consent may not be unreasonably withheld. Notwithstanding any statutory provisions to the contrary, Lessor's co sent shall not be deem d to have been unreasonably withheld where Lessor refuses consent to a Transl&r within twenty-four (4) months of either the Commencement Date or a previous Transfer. Without limiting the generality c f the foregoing, no Transfer shall be effective and no consent shall be given unlesE the following provision have been complied with: i. There is no default of the obligatio s of the Lessee under this Lease; I ii. The Lease shall have given at le 3 t thirty () days' prior written notice of the proposed Transfer and the effective date ther of to the Lessor; iii. A duplicate original of the docum nts affecting the Transfer shall be given to the Lessor within thirty (30) days after the ext cution and delivery thereof; iv. The Transferee, except in the case f a Trans r described in Section 12.01(iv), shall have assumed in writing with the Lesso the due and punctual performance and observance of all the agreements, provisions, cov nants and conditions hereof on the Lessee's part to be performed or observed from and a er the effe tive date of the Transfer. The Lessee acknowledges that the factors oveming the granting of the Lessor's consent to any Transfer may include, wit ut limitation, the restr ctive cla es entered into with other tenants by the Lessor, the financial background, business history and the capability of the proposed Transferee in the Lessee's line of business, and the nature of the busi ess practic s of the proposed Transferee. The consent by the Lessor to any Transfer shall not constitutt a waiver of the necessity for such consent to any subsequent Transfer. If a Transfer takes place, the 1essor may collect rent from the Transferee, and apply the net amount collected to the Rent herein reservei 4 but no such action shall be deemed a waiver of the requirement to obtain consent or the acceptance of he Trans f ree as lessee, or a release of the Lessee or any Indemnifier from the further performance by th Lessee of covenants on the part of the Lessee herein contained. Notwithstanding any Transfer, the Lesse shall remain fully liable under this Lease and shall not be released from performing any of the obligatioi is of the Lessee under this Lease. Any Transfer, if c nsented to by the Less r, may at the Lessor's option be documented by the Lessor or its solicitors, and y and all legal costs a the Lessor's then - standard fee with respect thereto or to any documents reflecting the Lessor's consent to he Transfer shall be payable by the Lessee on demand as Additional Rent. Lease for Stall Sliace — City Market Vera Bocharr4e Baking Stone „C„ 18- 12.03 No Advertising of Leased Premises The Lessee shall not print, publish, post, d' 3play or b adcast any notice or advertisement to the effect that the Leased Premi es are for lease or for se le or otherwise advertise the proposed sale or lease of the whole or any part of the eased Premises and sha 1 not permit any broker or other party to do any of the foregoing, unless the complete text and format of a such notice, advertisement or offer is first approved in writing by the Lessor. W thout in any way restric ing or limiting the Lessor's right to refuse any text or format on other grounds, an i text or format propose I by the Lessee shall not contain any reference to the rental rate of the Leased Premises. DEFAULT 13.01 Right to Re -Enter When XIIl a) the Lessee shall be in default in the payme t of any such default shall continue for a period of fie (5) coi b) the Lessee shall be n default of any of its c of any term or conc ition of this Lease (oth continue for a period of fifteen (15) con! Lessor, acting reasc nably, determines after specifying with reasonable particularity tb remedied; whether lawfully demanded or not and ive days; or ,enants, o ligation or agreements under this Lease or than its covenant to pay Rent) and such default shall ,utive days or such longer or shorter period as the ve (5) days written notice by the Lessor to the Lessee nature of such default and requiring the same to be then and in any of such case the then current month Rent, to ther with the Rent for the three (3) months next ensuing shall immediately become due and pa3 able, and at the option of the Lessor, the Terms shall become forfeited and void, and the Lessor may wil hout notice or any form of legal process whatsoever forthwith re -enter upon the Leased Premises or any V ul thereof in the name of the whole and repossess and enjoy the same as of its former estate, anythinj contained in any statute or law to the contrary notwithstanding, provided however, that such forfeiti re shall be wholly without prejudice to the right of the Lessor to recover arrears o rent or damages for ami y anteced nt default by the Lessee of its covenants, obligation or agreements w der this Lease or any tei in or cond tion of this Lease and provided further that notwithstanding any such fo feiture the Lessor may s absequend y recover from the Lessee damages for loss of Rent suffered by reason o f this Lease having been premature y determined. In addition, the Lessor shall have the right to remove an sell the Lessee's goods and chatte s and trade fixtures and apply the proceeds thereof to Rent due under the Lease. 13.02 Right to Re-Let Should the Lessor lect to re- enter, as hen legal proceedings or pursuar t to any notice provided from time to time without terminating this Lease, mo order to re -let the Leased Premises, and re -let the Lessee for such term or terri is (which may be for a such rental or rentals and won such other terms ai deem advisable; upon each - letting all rentals recei first, to the payment of any indebtedness other tha second, to the repayment of any reasonable costs an and solicitors' fees and of costs of such alterations same may become due and payable hereunder. 11 month be less than that to be paid during that month deficiency to the Lessor. Such deficiency shall be ci possession of the Leased Pr cmises by the Lessor sh this Lease unless a written notice of such intention I be decreed by a court of competent jurisdiction. N( the Lessor may at any time thereafter elect to termi Lessor at any time terminate this Lease for any bre may recover from the Less a all damages it may i recovering the Leased Premises, and including the any, of the amount of Rent and charges equivalent i Term hereof over the then reasonable rental value i hereof, all of which amounts shall be immediately determining the Rent which would be payable by tl Rent for each year of the unexpired Tenn shall be Rent and Percentage Rent yable by the Lessee fir, in provided, or should it take possession pursuant to or by law, it may either terminate this Lease or it may cc such ab eration and repairs as may be necessary in .eased promises or any part thereof as agent for the ,nn extending beyond the Term of this Lease) and at 3 conditions as the Lessor in its sole discretion may ed by the essor from such re- letting shall be applied; t rent due hereunder from the Lessee to the Lessor; expenses of such re- letting, including brokerage fees tnd repairs; third, to the payment of Rent due as the such Reni received from such re- letting during any y the Les ee hereunder, the Lessee shall pay any such culated ar. d paid monthly. No such re -entry or taking 11 be cons Tued as an election on its part to terminate given to the lessee or unless the termination thereof withstand ng any such re- letting without termination, late this L case for such previous breach. Should the ch, in adc ition to any other remedies it may have, it icur by re son of such breach, including the cost of ,orth at thc time of such termination of the excess, if ) Rent reserved in this Lease for the remainder of the f the Leas d Premises for the remainder of the Term due and r ayable from the Lessee to the Lessor. In Lessee hereunder, subsequent to default, the annual qual to th greater of (a) the average annual Gross in the Cottmtencement Date to the time of default or Lease for Stall Sp ice — City Market Vera BochariTt a Baking Stone Sched le "C" -Pag 19- during the preceding three O full calendar years, w 'chewer pe 'od is shorter; and (b) Gross Rent payable hereunder, together with all Additional Rent which ould have been payable during the calendar year in which this Lease was terminated, prorated over a full alendar yt ar, if required. 13.03 Legal Expenses Incase suit shall be rought for recovery of ossession IF the Leased Premises, for the recovery of Rent or any other amount die under the provisions of this Lei ise, or because of the breach of any other covenant herein contained on the part of the Les e to be kept or performed and a breach shall be established, the Lessee sha 1 pay to the Lessor 1 expense incurred therefor, including reasonable solicitors' and counsel fees o i a solicitor and his clier t basis. 13.04 Bankruptcy The Lessee covenai the Leased Premises shall N creditor of the Lessee or if ; or business of the Lessee or sale or, becoming bankrupt bankrupt or insolvent debtc Leased Premises shall with( fifteen (15) days, or be uses this Lease, or if the Lessee the Leased Premises or to s them from the Leased Prem be sufficient goods on the L then and in every such cas< shall immediately become c premises as though the Les; were holding over after th immediately without any r determined, and in every on the same manner as the Ri deemed to have been exerci; 13.05 Lessor May Perfo If the Lessee shall Lease, the Lessor may fror covenants or obligations, or the Leased Premises or any All expenses incur together with an administra Lessee to the Lessor on den 13.06 Waiver of Exemp Despite any appli inventory, furniture, equipr, and (b) no lack of compliai method of entry, giving of where the Lessee owes arre 13.07 Remedies No reference to preclude the Lessor from law or expressly provided such remedy, but the L independently or in combi is and agrees that if the' at any time during the I receiver, interim receiv f the Lessee shall make ar insolvent, shall take s or if any order shall it the written consent of by any other persons th hall without the written 11 or dispose of goods r ;es so that there would i ased Premises subject tc the then current month ie and be paid and the I ;e or the servants of the expiration of the Ter itice or opportunity for of the cases above such it hereby reserved and ;d if the Lessor or its ae i Lessee's Covenants ail to perform any of i time to time at its di: xy part thereof, and for rt thereof as the Lessor d and expenditures m re fee equal to fifteen id as Additional Rent. ins from Distress le Act, legislation or t or other property at with any requirement :ice, appraising of goc of Rent at the time of r exercise of any spec ;rcising or invoking an in this Lease. No such ar may from time to erm or any of the goods and chattels of the Lessee on rm seized or taken in execution or attachment by any r or recei er and manager is appointed for the assets ny assigni rient for the benefit of creditors or any bulk he benefit of any Act now or hereafter in force for e made for the winding up of the Lessee, or if the :he Lessor become and remain vacant for a period of n such as are entitled to use them under the terms of onsent of the Lessor abandon or attempt to abandon chattels of the Lessee or to remove them or any of it in the event of such abandonment, sale or disposal iistress to satisfy the Rent above due or accruing due, Rent and the next ensuring three (3) months' Rent ;ssor may re -enter and take possession of the Leased -essee or any other occupant of the Leased Premises L and the Term shall, at the option of the Lessor, cure provided to the Lessee, become forfeited and accelerate Rent shall be recoverable by the Lessor in f Rent were in arrears and the said option shall be its given otice to the Lessee as provided for herein. or obligations under or in respect of this brm or cause to be performed any such may do such things upon or in respect of ;r requisite or necessary. s by or on behalf of the Lessor under this Section, 5 %) per ent thereon, shall be forthwith paid by the any legal r equitable rule of law: (a) none of the y time owned by the Lessee is exempt from distress; concerning the day of the week, time of day or night, or anything else, will render any distress unlawful he distress. fic right or remedy by the Lessor will prejudice or other reniedy in respect thereof, whether allowed at remedy wi 11 be exclusive or dependent upon any other time exercise any one or more of such remedies Lease for Stall Sp ice — City Market Vera BocharM a Baking Stone Sched le "C" - Pag 20 - ARTICLE XIV 14.01 Overholding If the Lessee remai in possession of the Uased Pre ises after the end of the Term and without the execution and delivery ol a new lease, there shall be no tacit renewal of this Lease and the Term hereby granted, and the Lessee shal be deemed to be occur ing the L Lased Premises as a Lessee from month to month at monthly rent payab a in advance on the first day of eaci month equal to the sum of i. one and one half (1 /�) times the Gross Rent ayable d ng the last month of the Term; and ii. one - twelfth of the Additional Rent paya a by the Lessee for the Lease Year immediately preceding the last L ase Year of the Term; and otherwise upon the sarr terms and conditions s are set Term, and any right of renewal mutatis mutandis. 14.02 Successors This Lease applies I o the successors and ass gns of th the heirs, executors, administrators and permitted au cessors is more than one party named as Lessee, they are join y and sc 14.03 Waiver Failure by the Less r to require performan of any shall not be deemed to be a waiver of such term, co nant or same or of any other term, covenant or condition f. Lrein cor hereunder by the Lessor shall not be deemed to be waiver c term, covenant or condition of this Lease, other that the failu accepted, regardless of the Lessor's knowledge of st ch prece( Rent. No covenant, term or condition of this Lease shall be unless such waiver be in wri ing by the Lessor. 14.04 Accord and in this Lease, except as to duration of ;ssor and, if Article XII is complied with, permitted assigns of the Lessee. If there allv liable under this Lease. n, covenant or condition herein contained idition or of any subsequent breach of the tied. The subsequent acceptance of Rent my preceding breach of the Lessee of any of the Lessee to pay the particular rent so g breach at the time of acceptance of such emed to have been waived by the Lessor, No payment by th Lessee or receipt by I ie Lessor f a lesser amount than the monthly Rent herein stipulated shall be deemed to be other than o i account f the earliest stipulated Rent, nor shall any endorsement or statement or any cheque or any let er accompanying any cheque or payment as Rent be deemed an accord and satisf iction, and the Lessor m iy accept such cheque or payment without prejudice to the Lessor's right to recover the balance of such Ren or pursue any other remedy in this Lease provided. 14.05 Entire Agreement This Lease sets forth all the covenants, I romises, E greements, conditions and understandings between the Lessor and the Lessee concerning the I eased Prer uses and there are no covenants, promises, agreements, conditions or representations, either ora or written, between them other than are herein and in the said schedules and rid r, if any, set forth. xcept as 2erein otherwise provided, no subsequent alteration, amendment, change or addition to this I ease shall be binding upon the Lessor or the Lessee unless reduced to writing and signed by them. ii 14.06 No Partnership The Lessor does n t, in any way or for any urpose, b come a partner of the Lessee in the conduct of its business, or otherwise or joint venturer or a m mber of a oint enterprise with the Lessee. 14.07 Force Majeure In the event that either party hereto sha be delayed or hindered in or prevented from the performance of any act re uired hereunder by rea on of s i es, lock -outs, labour troubles, inability to procure materials, failure o power, restrictive gove ental la xs or regulations, riots, insurrection, war or other reason of a like natur, not the fault of the pa ty delayed in performing work or doing acts required under the terms of this Leas , then performance of s ich act sha 1 be excused for the period of the delay and the period for the performa ice of any such act sha be extended for a period equivalent to the period of such delay. Notwithstandi ag anything herein con ained, the provisions of this Section 14.07 shall not operate to excuse the Les a from the prompt pa yment of Gross Rent, Additional Rent or any other Lease for Stall Sp ice — City Market Vera Bochar/TI a Baking Stone Sched le "C" - Pag 21 - payments required by the terms of this Lease, nor entid the Lessee to compensation for any inconvenience, nuisance or d scomfort thereby occasioned. 14.08 Notices Any notice herein provided or permitted to be given by the Lessee to the Lessor shall be sufficiently given if delivered personally to the Common Clerk, or if transmitted by telecopier or if mailed in Canada, registered and postage prepaid, addressed to the Lessor at: C/O The Common Clerk, The City of Saint John, P. O. Box 1971, 15 Market Square, Saint John, '4ew Brunswick, E2L 4L1, with a copy to Real Estate Services, The City of Saint John, P. . Box 1971, 15 Market Square, Saint John, New Brunswick, E2L 4L1, and any notice herein provide or permitled to be given by the Lessor to the Lessee shall be sufficiently given if delivered personally to the party being given such notice or to a responsible employee of the party being given such notice, or if transmitted by telecopier or if mailed in Canada, registered and postage prepaid, addressed to the Lessee at 15 Crestline Road, Rothesay, N.B. E211 105. Any such notice giver as aforesaid shall be cc nclusively deemed to have been given on the day on which such notice is delivert d or transmitted or on die third day that there is postal delivery following the day on which such notice is i riailed, as the case may t e. Either party may at any time give notice in writing to the other of any change o address of the party gi en such notice and from and after the giving of such notice the address therein specified shall be deemed to include any request, statement or other writing in this Lease provided or permitted to be given by the I essor to th Lessee or by the Lessee to the Lessor. If there is more than one party named as Lessee, notice o one shall be deemed sufficient as notice to all. 14.09 Place for Payment of Rent The Lessee shall p the Rent. Including al Additiona Rent, at the office of the Lessor specified in Section 14.08 or as such place or places as the Lessor may designate from time to time by notice in writing: currently to the Cas ier's Office, City Hall, P. O. Box 1971, 15 Market Square, Saint John, New Brunswick, E2L 4L1. i 14.10 Approval in Writing Wherever the Lessor's consent is required to be given hereunder or wherever the Lessor must approve any act or performance by the Lessee, such onsent or approval, as the case may be, shall be given in writing by the Lessor before same and shall be dee ned to be effective. 14.11 Governing Law The Lease is to be governed by and cons ed acco� ding to the laws of the Province of New Brunswick. 14.12 Captions and Section Numbers The captions, section numbers and article n unbers ap earing in this Lease are inserted only as a matter of convenience and no way define, limit, c nstrue or escribe the scope or intent of such sections or articles or of this Lease, nor in any way affect this ease. 14.13 Partial Invalidity If any term, cove . circumstance shall, to any application of such term, cc is held invalid or unenforce Lease shall be separately va 14.14 No Option The submission of Leased Premises and this L the Lessor and the Lessee. 14.15 Time To Be of the t or condition of thi Lease or the application thereof to any person or tent, be invalid or uE nforceabl , the remainder of this Lease and/or the iant or condition to persons or circumstances other than those as to which it e, shall not be affected thereby a ad each term, covenant or condition of this and enforceable to the fullest extent permitted by law. Lease for examinati does not constitute a reservation of or option for the becomes effective a4 a Lease only upon execution and delivery thereof by Time shall be of thel essence of this Lease. Lease for Stall Sp Lce — City Market Vera BochariTt a Baking Stone Sched le "C" - Paiz 22 - 14.16 Quiet Enjoyment The Lessor covenan s with the Lessee for qu et enjoym nt. 14.17 Riders and Schedules Schedules attached ereto form part of this Lease. 14.18 Basement Storage pace Where the Leased Premises includes any area of basement storage space, notwithstanding any provision herein contained, the Lessee acknowledg (s and agrees that water and sewer lines are located within the basement area of the Leased Premises an I that them is a possibility that water and/or sewage may escape from the lines Ets a result of breakage blockage, overflow or other cause, and may cause damage to anything stored ii the basement area of he Lease Premises. The Lessee acknowledges and agrees that if it chooses to store anything, whether b longing to it or to others, in the basement area of the Leased Premises, it does so t its own risk and the L ssee hereby agrees to release and indemnify and save harmless the Lessor from and against any and all ma er of act ons, suits, damages, loss, costs, claims and demands of any nature whatsoever relating to or 'sing out of breakage, blockage, overflow or other problem of the water or sewE ge lines. 14.19 Rent Free Period The Lessor and the Lessee agree so long as he Lessee Is not in default under the Lease, the Lessee will not be responsible for ross Rent for a period of three () months from and including Febraary -tt, 2006 to and including May 006. Utilities, Pron otion Funds/Merchants' Association dues are payable during the Rent Free Period. 1 14.20 Lessor's Work The Lessor will build: a) a demising wall between the Stalls and C a� the location indicated on Schedule "A" and ramp at the northwest comer of St 1 C; b) relocate the sink, hot water tank an I water services; and c) install electrical services sufficient to accommodate the Lessee's ovens and relocate fuse box. The Lessor's work shall be completed befolc the Lessee takes possession of the Leased Premises. �� l y 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. RULES AND All loading and unloading of goods shall be done only t such times, in the areas, and through the entrances, designated for such purposes by tl e Landlord. The delivery or shipping of merchandise, si pplies and fixtures to and from the Leased Premises shall be subject to such controls as in the judgment of the Landlord are necessary for the proper operation of the Leased Premises and/or the ity Market. All garbage and ref ise shall be kept in the I ind of co miners specified by the Landlord and shall not be burned in or bout the Leased Premises. No radio, television, telegraphic or telephone or similar device and no water pipe, gas pipe or electric wire shall b installed or connected without ob mining in each instance the written consent of the Landlord. All such connections sb all be ins alled in accordance with the Landlord's direction and witho t such direction no bo ' g or cuttin g for wires or pipes shall be permitted. The Tenant will be equired to remain open or busines as follows: a. Stalls shall be open for business at 11 rimes w ile the market is open to the public. b. Year roun stands shall be open fc r business at all times while the market is open to the public. The plumbing facilities shall not be used for any o her purpose than that for which they are intended, and no foreign substance of any kind shall be thrown therein, and the expense of any breakage, stoppage or damage resulting from a violation of this provision shall be borne by the Tenant. The Tenant shall use at the cost of the Tenant I national recognized pest extermination contractor. The Tenant, its employees or agents, shall not mark, mint, drill or in any way deface any walls, ceilings, partitions, floors, wood, stone or it n without the written consent of the Landlord. Except as permitted in the lease to which se rules and regulations are annexed, the Tenant shall not permit any cooling in the Leased Premi es without the written consent of the Landlord. No aisle, sidewalk entry, passageway, eltvator or s aircase shall be obstructed or used by the Tenant, its officers agents, servants, employees, con actors, customers, invitees or licensees for any purpose other t ian ingress to and egres from the eased Premises. The Tenant, its officers, agents, servants, a Tiployees, ontractors, customers, invitees or licensees shall not bring in or take out, position, construct, install or move any safe or other heavy equipment or Rumi ture without first obtair ing the consent in writing of the Landlord. In giving such consent, the Landlord shall have the right in its sole discretion, to prescribe the weight permitted and the position thereof, and 1he use and design of planks, skids or platforms to distribute the wei irt thereof. All damage done to die City Market by moving or using any such safe, heavy equipn Lent or fitmiture shall be repaired at the expense of the Tenant. The moving of all equipment and I he furniture shall occur my during those hours when the City Market shall not be open for busine s or any other time cons nted to by the landlord. All persons entering and leaving the building in which the Leased Premises are situated must do so during hours City Market is staffe by City M arket employees. The Landlord at its sole discretion may determine the hours the Ci Market is staffed. Tenants shall register in books if so required by the Landlord when accessing t e Market `after Market hours ". The Landlord is under no responsibility for failure to enforce this le. The Tenant shall n t place or cause to be p ced any additional locks upon any doors of the Leased Premises without the approval of the La dlord an subject to any conditions imposed by the Landlord. No one shall use a Leased Premises for sleeping a artments or residential purposes, or for the storage of person effects or articles othe than thos required for the purposes permitted by the lease to which these rules and regulations a annexe 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. RULES AND 2 Subject to the Landl rd's providing such se ice, the Tenant shall permit window cleaners to clean the windows of the Leased Premises from tir le to time and at reasonable times. Any hand trucks, carryalls or similar appliar ces used in any building in the Shopping Centre shall be equipped with rubber tires, side guards an such other safeguards as the Landlord shall require. No animals or birds shall be brought into th Leased Premises except as permitted by the lease to which these rules and regulations are annexe 1. Except as permitted in the lease to which th(se rules d regulations are annexed, the Tenant shall not permit the delivery of any food or bever ge to the Leased Premises without the approval of the Landlord. The Tenant shall t solicit business in th common areas or distribute any handbills or other advertising matter ii i the common areas or it automobiles parked in the parking areas. The Tenant may oidy sell merchandise th is approved by the Landlord through their lease or otherwise. The Tenant shall not keep or display any m rchandise on or otherwise obstruct the common areas adjacent to the Leased Premises. The Tenant shall not use or permit any of t le Leased remises to be used in such a manner as to cause annoying noises or vibrations or offerl sive odour;. The Tenant is resp nsible to remove garb ge from d ieir premises and deliver to the compactor designated by the Landlord and to place the garbage in the compactor. A set of plans must be presented and t e approva must be given by the landlord for any improvements or painting, etc. to the stands (including signs). Merchandise, displ ys, shelves, etc., are no to exceed the height of the bottom meat hook bars on each stand. No solid dividers are to be placed between a top and ottom meat hook bars. Displays underneath the stands must be set ip 6" off tt e floor on legs or wheels so the floor can be swept and washed own properly. Covers are not to be placed over merchandise on stands without the prior approval of the Landlord. Signage is to be irl keeping with the historic character of the City Market and must meet the following criteria: Materials: A Vood and metal are cons idered to appropriate materials. Plastic may be used provided that it locks like one of the accepi able materials. Internally- illuminated plastic faced box signs will not be ac ceptable; Number of Signs: Each tenancy w 11 be permitted one bench -top sign on each bench (7'- 0" length), or one projecting sign on each a sle -side th it identifies the business by name and type; Bench -top Signs: 'These signs are the preferred primary form of signage. They must be located Ito 2 inches above the top rail of the bench, and should display the business name. They will consist of a 8' high by 6' -0" long nanow band of material with the lettering printed, painted, composed of indiN idual raised letters, or lettering cut into the material and painted a contrasting colour. The rear m iy not be used for signs a over ano Lher tenancy; Projecting Signs: Projecting si may be use d and shall be constructed as two -sided signs. They may only be located at a beJbpermitted post, and must be rigidly fastened in place. They shall be vertical in proportion. The maximuze for pr ecting signs shall be 18" high x 12" wide. Only one per tenancy per aisle side shal as Business identifications; Lighted Signs: Not permitted; Temporary Signs: Any number of signs adv C sing goods for sale, specials, etc. shall be permitted. They ay not exceed 8.5" x 1 " in size, and must not excessively obscure the view through the bench etween the first and las rail above the bench. SCH APPLICATION F HEAD OFFICE OR PROPRIETORS NAME E ^Dl° R AGREEMENT ACCOUNT RECEIVABLE NUMBER STORE NAME AND NUMBER DATE C F LEASE MONTHLY CHARGES STORE ADDRESS DATE OF LAST PAYMENT HEAD OFFICE ADDRESS BANK ACCOUNT NUMBER TRANSIT NUMBER BANK AND BRANCH NAME IN WHICH ACCOUNT STANDS IN BANK R CORDS SIGNING OFFICER SIGNATURE REQU I authorize And /or maintained with the financial PAYMENT AUTHORIZATIC 'PLEASE ENCLOSEAN 1INSIGNED EST FOR PRE-At THORI2 D PAYMENTS inafter referred to as the "Company' the account of the undersigned monthly, in accordance with the monthly rentals as noted above. YOUR BANK OR TRUST COMPANY" (her to debit ted above, of paying EQUE FROM institution indi N below, for the purpose SAMPLE Ch �klJTH0R1ZAT10NT0H0N0 NAME OF BANK RPAYMENTS ADDRESS You are hereby requested another branch of your institution behalf and made by and authorized to p if it is tray payable to iy and debit my /our account at your office or at ferred there; all cheques drawn on you on my the Company or drawn on you ; and all amounts specified on any requesting you to pay the Company of is agreed that your treatment of each cheque shall be the same as if it were signed by the you to pay and credit such amount to the re to pay shall give no liability on your part, magnetic or computer produced paper tares In consideration of your and /or tape and your rights undersigned personally, said Company Debiting regardless of the loss or damage. acting as aforesaid, with respect to i authorizing and requesting my account and fail If the financial institution indicated above is n t a bank in which THE BANK ACT OF CANADA applies, "cheque" as unus d in this authorizatio shall incl de an "Order" that would be a cheque within he meaning of section 165 in THE BILLS F EXCHA GE ACT (CANADA). Any delivery of this authoozation to you will (The signature appearing I below must be the file of the financial institution identified above.) DATE: I by the undersigned. as the signature appearing in the signature AUTHORIZED SIGNATURES) PROVINCE OF NEW BRUNSWICK COUNTY OF I, JOHN the Province of New Brunswick, commissioned and swom, residing HEREBY CERTIFY that on the at the City of Sai t John, in the ( Brunswick, before me, personally c named in the foregoing instrument executed and and purposes ered the same as n expressed and _, a Notary Public in and for Authority, duly appointed, in the said Province, DO of 2006 of Saint John and Province of New and for wared Vera Bochar, the Lessee vledged that she signed, sealed, act and deed to and for the uses IN TESTIMONY WHEREOF I, the said Notary Public, have hereunto set my hand and affixed my Notarial Seal at the City of Saint John aforesaid the day and year herein above written. ARY PUBLIC VINCE OF NEW NSWICK A19 Forms of Conveyances Act, S.T' .B. 1980, c. 5 -12, s.2 The parties to this lease The City of Saint John, having its City Hall at 5 Market Square, Saint John, New Brunswick, a body corporate by Royal Charter, confirmed and amended y Acts of the Legislative Assembly of the Province of New Brunswick, the "Lessor" -and — Vera Bochar, 47 Charlott Street, Saint John, N B, E2L 2117, doing business under the name The Baking Stone, the "Lessee" The "Rules and Regulations" attached hereto Schedule "D" and the Form attached hereto as Schedule "D -1" form part of this Lease. The Lessor leases to the essee the premises d scribed in Schedule "A" attached hereto on the following conditions: Duration: 5 years Date of C mmencement: March 1, 2006 Date of Termination: February 28, 2011 Payment ates: First day of each and every month during the term hereof Place of I avment: Cashier's Office This lease contains the DATED SIGNED, SEALED & In the presence of City Hall Saint John, NB and condition which ar� attached and set out in Schedule "C ". THE CITY OF SAINT JOHN N.M. MCFarlane, Mayor J. Patrick Woods, Common Clerk Commor Council Resolution: , 2006. Vera d- I i� 3 O to � Q Z K A 0 .5,9'EZ Z J O U (D Z J J � J Q (n J Q i I I zl �I w I U) I WI J I a Wl 1� FQ W U a E c L L" W 5 z U3 1 O � O f y G G t w f s p J m w �• a 5 � ` � � w O I a 'v Z O l C� w J Q U O I— I— O cy- z W Q x N co to W W O U 0