HomeMy WebLinkAboutContract 38050CITY SECRETARY
CONTRACT NO. .
CONSENT TO ASSIGNMENT AND ATTORNMENT
This Consent to Assignment and Attornment is entered into by and between the City of
Fort Worth, acting by and through Tom Higgins, its duly authorized Assistant City
Manager ("Assignor"), Fort Worth Medtech Center, Inc., a Texas non-profit corporation
doing business as TECH Fort Worth ("Assignee"), and Technology Team, LLC
("Tenant"). Assignor, Assignee and Tenant are sometimes hereinafter referred to
collectively as the "parties".
RECITALS
A. Assignor and Tenant entered into that certain lease ("Lease Agreement")
dated effective December 1, 2007 for Suite 215 in the building known as the "TECH Fort
Worth Building" located at 1120 S. Freeway, Fort Worth, Texas ("Leased Premises").
B. Assignor desires to assign its interest as landlord in the Lease Agreement
to Assignee, and Tenant consents to the assignment and agrees to attorn to Assignee as its
landlord.
AGREEMENT:
NOW THEREFORE, in consideration of the mutual covenants set forth herein, and for
other good and valuable consideration, the sufficiency of which is hereby acknowledged,
the parties agree as follows:
1. Consent to Assi ent. Tenant hereby consents to the assignment of the
Lease Agreement by Assignor to Assignee.
2. Attornment. Tenant agrees to attorn to and recognize Assignee as
Tenant's landlord under the Lease Agreement. The parties agree that the Lease
Agreement shall continue in full force and effect as, or as if it were, a direct lease
between the Assignee and the Tenant upon all of the terms, conditions, and covenants as
are set forth in the Lease Agreement and shall be applicable after this attornment.
3. Authority. Tenant has the full right, power and authority to enter into this
Consent to Assignment and Attornment Agreement, to make the representations set forth
herein, and to carry out Tenant's obligations hereunder.
4. Effective Date. The effective date of this Consent to Assignment and
Attornment Agreement shall be the date of its execution ("Effective Date").
5. Counterparts. This Assignment may be executed by facsimile or
otherwise in multiple counterparts, each of which shall be deemed an original to the same
effect as if all parties hereto had executed the same instrument and all of which shall
together constitute one and the same instrument.
OFFICIAL RECORD
1 CITY SECRETARY
FT. WORTH, TX
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6. Entire Agreement. This Assignment is the entire agreement between the
parties regarding the subject matter hereof.
7. Governing Law. This Assignment shall be governed by and construed in
accordance with the laws of the State of Texas.
[SIGNATURES APPEAR ON FOLLOWING PAGE]
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AS SIGNOR:
CITY OF FORT WORTH
n i
I
ATTEST: By;
City Secretwy
APPROVED AS TO FORM AND LEGALITY:
Assistant City Attorney
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To Higgins,
Assistant City Manager
ASSIGNEE:
FORT WORTH MEDTECH CENTER,
INC., a Texas non-profit corporation
doing business as TECH FORT
WORTH
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Printed Name: 0 al e,,e y1/1CQlYi%�
Title: E*UJA4 Uo� /t,/) cow
TENANT:
TECHNOLOGY TEAM, LLC
Title: ` Tt� a
OFFICIAL R�CORD
CITY SECRETARY
FT WORTH, TX