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CONTRACT dd�o
SURRENDER ACKNOWLEDGMENT AGREEMENT
THIS SURRENDER ACKNOWLEDGMENT AGREEMENT (this "Agreement") is
executed as of November 1T, 2016, by and between the City of Fort Worth ("Landlord"),
and Texas Aero Engine Services, L.L.C. ("Tenant').
RECITALS:
WHEREAS, Landlord, as successor-in-interest of A1lianceAirport Authority, Inc., and
Tenant are parties to that that certain Facilities Lease Agreement (City Secretary Contract No.
46530) dated effective February 5, 2015, as amended by that certain Early Lease Termination
Agreement and First Amendment to Facilities Lease dated effective April 1, 2016 (as amended,
the "Lease") for certain premises located at 2100, 2102 and 2112 Eagle Parkway, Fort Worth,
Texas, at the Alliance Fort Worth Maintenance Facility, as more particularly described in the
Lease (the"Lease Premises"); and
WHEREAS, per the express terms of the Lease, the Lease terminated on September 30,
2016 (the "Expiration Date"), and the parties have agreed to document their agreement as to the
condition of the Leased Premises upon surrender, as more particularly set forth below.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of
which are acknowledged, Landlord and Tenant agree as follows:
1. Tenant surrendered the Leased Premises in the condition required under the Lease
on or before the Expiration Date, and Landlord accepts such surrender as of the Expiration Date.
2. Landlord and Tenant agree and acknowledge that the Lease terminated on the
Expiration Date, and as of the Expiration Date, neither Tenant nor Landlord shall have any
further obligations thereunder, except for those provisions which expressly survive termination
or expiration of the Lease.
3. In consideration of the termination of the Lease and the other covenants in this
Agreement, each party for itself and its successors and assigns, hereby releases, relinquishes and
forever discharges the other party and its parent, subsidiary and affiliated partners, corporations,
officers, directors, employees, shareholders, attorneys, and agents (collectively, the "Released
Persons") from and of any and all claims, demands, actions, and causes of action of any and
every kind or character, whether known or unknown, whether in contract or in tort, that they or
any of them may have against the Released Persons arising out of the Lease or any other event,
act, or transaction of the Released Persons, except as expressly contained in this Agreement.
4. Tenant and Landlord each represent and warrant that it has full power and
authority to execute and deliver this Agreement, that this transaction has been duly authorized by
all requisite entity action, and that the person or persons signing this Agreement on behalf of
each entity has due authority to do so.
5. This Agreement is governed by the laws of Texas, is the full and final expression of the agreement of the parties, and supersedes all previous agreements and understandings, and
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binds successors and assigns. This Agreement may be executed in counterparts and delivered by
facsimile or PDF electronic transmission.
Executed to be effective as of the date first written above.
TENANT: i
Texas Aer 'En ' Services,L.L.C.
By
Name
Title ti�b E
Date I( t o
By
Name t�,�e L.
Title c-�o
Date k k
LANDLORD:
City of Fort Worth
Jesus J. Chapa
Az.o o� ssistant City Manager
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