Notice of Termination of Building Lease between Crown and Parkside Salt Lake Corporation

Contract Categories: Business Operations › Termination Agreements
Summary

Crown has formally notified Parkside Salt Lake Corporation of its intention to terminate their building lease, effective August 1, 2001, as allowed under the terms of their amended lease agreement. Crown requests a detailed accounting of any remaining leasing costs. This notice fulfills the contractual requirement for written notice of termination and sets the timeline for the lease's end.

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EX-10.58 5 0005.txt NOTICE OF TERMINATION OF BUILDING LEASE October 30, 2000 Parkside Salt Lake Corporation c/o American Realty Advisors 700 North Brand Blvd. Suite 300 Glendale, CA 91205 Re: Notice of Option to Terminate Lease Gentlemen: Pursuant to Paragraph 9 of that certain Second Amendment to Lease dated June 30, 1998, this letter will serve as written notice that Crown intends to terminate the Lease effective August 1, 2001. Please provide Crown with a detailed accounting of the un-amortized portion of the leasing costs as provided for in the Lease. If you have any questions please do not hesitate to call. Sincerely, Jay Mealey President cc: Cottonwood Management Services 215 South State Street Salt Lake City, UT 84111