Laserfiche WebLink
Mr. Dick Mathews <br /> CONOCO PHILLIPS <br /> March 10, 2005 <br /> Page Four <br /> Mr. Mathews,,we have not been contacted by Mr. Phan and, as we <br /> discussed, Landlord will not agree, most specifically, to item no. 2 in your letter of <br /> February 9th entitled "Offer to Assign Underlying Lease" that was sent to Mr. <br /> Phan. A copy is enclosed for your reference only. <br /> Further, we ask your attention to the Lease dated May 30, 1991, including <br /> but not limited to, and particularly concerning the current matter, Section 18, <br /> r <br /> Surrender and HoldoVer;'Section 34, with-Laws-and Regulations I <br /> (noting in particular subsection 34.4 Indemnity); Section 37. Indemnification, <br /> Waiver of Claims and Subrogation. <br /> You indicated recently that a letter from COP will be sent advising Mr. <br /> Phan that he should contact us immediately if he desires Landlord's review and <br /> consideration of him as a.tenant at-this location. Apart from him doing so <br /> immediately, and providing us the required information to evaluate this possibility, <br /> we cannot present to Landlord anything beyond what has thus far been given to <br /> us and Landlord for review. <br /> In.your letter to Lessor dated February 9, 1005, you indicate that if COP <br /> does not receive a response on or before March 31,2005, COP "shall consider <br /> your silence as an acceptance to the assignment". Please recognize'by this <br /> letter that absolutely no such consent to the assignment or a release of <br /> Conoco/Philips (COP), its predecessors, successors, subsidiaries and assigns is I <br /> given or is it to be implied,., 1 <br /> We sincerely appreciate your efforts to facilitate the processes whereby <br /> Mr. Phan will communicate with us regarding his interests in remaining at the I <br /> _�'�'�4.r. w 1 .�.��n� .mak _ _ . <br /> location and providing us the information we will request of tiim'to present to <br /> Landlord for consideration. <br /> Similarly, please advise us when the vertical and lateral testing has been <br /> arranged and the outcome of the inspection of the City of Tracy "ball park well". <br /> l <br />