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3796 Schedule A Consent to Non Disturbance Bulk Barnp. ~'/ 319/o SCHEDULE "G" CONSENT TO NON-DISTURBANCE AGREEMENT This Agreement made. as of the 1ot11 day of January, 2014 Cop_,,. BETWEEN: The Corporation of the Town of Tillsonburg (hereinafter collectively referred to as the "Head Landlord") -and- Bulk Barn Foods Limited (hereinafter referred to as the "Tenant") -and- RMM Tillsoburg Centre Property Inc. OF THE FIRST PART OF THE SECOND PART (hereinafter collectively referred to· as the "Head Tenant" or "Landlord") OF THE THIRD PART WHEREAS the Landlord and the Tenant entered into a Lease dated as of the 19t11 day of December, 2013, and as same may be further amended from time to time (the "Lease"), for premises containing approximately five thousand, two hundred and thirty three (5,233) square feet (the "Demised Premises") in the complex located at Tillsonburg Town Centre, in the City of Tillsonburg, in the Province of Ontario ("Complex") as more particularly described in Schedule "A" attached hereto (the "Lands"); AND WHEREAS by a Ground Lease dated July 31, 1979 (the "Ground Lease") between the Head Landlord, as landlord, and the Head Tenant, as tenant, the Head Landlord granted to and in favour of the Head Tenant a long term leasehold interest in the Lands and the Complex for at= of fifty (50) years less one (!) day which included the Demised Premises; AND WHEREAS pursuant to the Ground Lease the Head Landlord granted to the Head Tenant the full right, power and absolute authority .to enter into agreements to lease for premises at the Complex and assume all obligations and liabilities in respect of all leases in place at the Complex including the Lease in respect of the Demised :Premises; and AND WHEREAS the Tenant has requested the Head Tenant provide from the Head Landlord its consent and approval in respect of the Lease pursuant to the terms of the Ground Lease and provide the Tenant with a Non-Disturbance Agreement and the Head Landlord and the Head Tenant have agreed to enter into this Agreement with respect to fulfilling the foregoing request made by the Tenant subject to the terms herein contained; WITNESSETH that in consideration of the sum of One Dollar ($1.00) now paid by each of the parties hereto to the other (the receipt and sufficiency whereof is hereby acknowledged), the parties hereto hereby covenant and agree as follows: 1. The Head Landlord hereby consents to the Lease as assumed by the Head Tenant under the Ground Lease subject to the proviso the giving of this consent shall not be deemed to release or discharge the obligations of the Head Tenant under _1:jle terms and provisions of the Ground Lease, including its responsibility for the payment of all rent thereunder and the performance of the obligations of the Head Tenant under the Ground Lease. 2. The Head Landlord hereby recognizes the Lease and hereby agrees that so long as the terms and provisions of the Lease are being complied with, the Tenant shall have the right to peacefully and quietly have, hold and enjoy the Demised Premises pursuant to the Lease without interruption or disturbance by the Head Landlord or by any person, firm or corporation claiming by, through or under the Head Landlord and that the Tenant's rights and privileges under the Lease to possess the Demised Premises shall not be in anyway disturbed, diminished or interfered with by the Head Landlord. 3. The Head Landlord covenants and agrees should an event of default by the Head Tenant occur under the Ground Lease which gives rights to and in favour of the Head Landlord to exercise any 50 f a • of its rights and remedies under the Ground Lease including the right to terminate the Ground Lease, or should the Ground Lease be terminated, surrendered or otherwise ended for any other reason, provided that (i) the Lease has not been previously terminated and {ii) the Tenant is not in material or chronic default under the terms of the Lease ( except for a material default which the Tenant, acting bona fide, is actively contesting or remedying in accordance with the terms of the Lease); then: (a) the right of possession of the Tenant to the Demised Premises demised pursuant to the Lease and the Tenant's rights arising out of the Lease shall not be interrupted or disturbed by the Head Landlord, or its successors or assigns, in. the exercise of any of its rights pursuant to the Ground Lease; and (b) the Head. Landlord hereby covenants and agrees that upon the enforcement of any of its rights pursuant to the Ground Lease, upon the occurrence of an event of default and the Head Landlord taking possession of the Lands, or the Ground Lease being terminated, or the Tenant being requested to attorn or pay the rents payable by it under the Lease to the Head Landlord, as contemplated under section 4 or 7 below, the Head Landlord will accept and acknowledge the agreement of the Tenant to attorn to and be bound towards the Head Landlord as if the Head Landlord were the Landlord under the Lease and permit the Tenant to continue in quiet possession of the Demised Premises in accordance with the provisions of the Lease and for the term thereof and any renewal thereof without interruption or disturbance from the Head Landlord or any person claiming by, through or under the Head Landlord and shall perform or cause to be performed all of the Landlord's obligations under the Lease thereafter subject to the provisions in section 4 below. The parties agree to execute such further and other instruments as may from time to time be reasonably required by the Head Landlord or Tenant to evidence the foregoing. 4. The Tenant hereby acknowledges the priority of the Ground Lease and all amendments, modifications, supplements or replacements thereto or thereof, from time .to time entered into over the Lease to the extent same does not derogate from the Tenant's rights under the Lease and hereby agrees to attorn to and be bound towards the Head Landlord or any purchaser from the Head Landlord, as its new landlord, and further covenants, acknowledges and agrees that they shall continue in full force and effect and the covenants, undertakings, obligations and agreements of the Tenant contained in the Lease shall continue in full force and effect as direct covenants, undertakings, agreements and obligations of the Tenant to the Head Landlord or such purchaser. Notwithstanding the foregoing, the Head Landlord and Tenant agree that the aforesaid covenants, undertakings and agreements herein set out in this section shall at all times be subject to any claims or set offs set out in any estoppel certificate which may be provided by the Tenant to the Head Landlord or any purchaser, as the case may be; 5. If at any time during the currency of the. Lease, a default occurs in the performance of any covenant or obligation of the Head Tenant in respect of which Tenant has delivered notice to the Landlord, Tenant shall give the Head Landlord a copy of any such written notice delivered to the Landlord in accordance with the notice provision set out herein. The Head Landlord shall within five (5) business days after receipt of such notice advise the Tenant in writing if it is prepared to undertake to remedy the default. If it fails to so notify the Tenant, the Tenant shall be at liberty to thereafter exercise such remedies as the Tenant has pursuant to the Lease. If the Head Landlord delivers notice so undertaking, the Head Landlord shall within a reasonable period of time (not to exceed fifteen (15) days thereafter) commence and continue to diligently remedy the default as agent of the Head Tenant or by other means as will avoid· the termination of the Lease, and if the default is remedied within the period, the Tenant shall not, by reason of such default, terminate the Lease. 6. The Tenant covenants and agrees to pay to the Head Landlord all amounts payable by it under the Lease to the Head Landlord upon receiving written notice from the Head Landlord that it has succeeded to the interest Gf the Landlord under the Lease or has enforced any assignment of rents provisions contained in the Ground Lease or other security given by the Head Tenant to the Head Landlord. 7. It is agreed between the parties hereto that if the Ground Lease merges or is surrendered, section 17 of the Commercial Tenants Act (Ontario) as amended or replaced from time to time (the "Act") shall apply with the intended effect that the Tenant shall automatically become the direct tenant of the Head Landlord with respect to the Demised Premises for the balance of the term of the Lease on all of the same terms and conditions as contained in the Lease. 8. In the event the Head Landlord re-enters the Complex or there is a forfeiting of the Ground Lease, the Tenant may on its accord and shall at ,the request of the Head Landlord (provided such 51 J • request is given within five (5) business days following such event), exercise its rights as an under-Jessee under section 21 of the Act, or any like rights under common law, to claim or apply for an order investing the term of the Lease, and the whole of the Demised Premises in the Tenant, on all of the same terms and conditions as the Lease, and the Head Landlord shall, at the request of the Tenant, consent to such claim. 9. If a receiving order in bankruptcy, or winding up order is made against the Head Tenant, the Tenant may on its own accord and shall at the request of the Head Landlord (provided such request is given within five (5) business days following such event), exercise its rights as an under-lessee under subsection 39(2) of the Act or any like rights under common law, to exercise its election as under-Jessee to stand in the same position with the Head Landlord as though the Tenant were a direct lessee of the Head Landlord, for the balance of the term of the Lease on all of the same terms and conditions contained in the Lease, and the Head Landlord shall, at the request of the Tenant, consent to such exercise provided it is understood and agreed between the parties hereto the rights of the Tenant shall be limited solely to the rights afforded to it in respect of the Demised Premises and the Complex only arising under the Lease and no other rights at the Complex as may be contained in the Ground Lease in favour of the Head Tenant. 10. Neither the Tenant nor its successors or assigns shall enter into any agreement to amend or modify the Lease which would result in the Tenant paying to the Landlord rent for a period of greater than one (1) month in advance. Any such agreement made in contravention of the provisions of this section shall be no force or effect as against the Head Landlord or against any subsequent purchaser from the Head Landlord, or as against any purchaser and any sale process in respect of the Head Landlord exercising its rights under the Ground Lease. 11. The Head Tenant and the Tenant hereby acknowledge and confirm to the Head Landlord that: (a) : The Lease is in full force and effect and in good standing; (b) No rent has been paid in advance under the Lease save and except as set out in the Lease; and . (c) To the best of the Tenant's and the Head Tenant's knowledge, respectively, neither the Tenant nor the Head Tenant presently has any knowledge of any present claim to set off againt rents due or to become due, under the Lease which has occurred prior to )he date hereof. 12. Notices, demands, requests or other instruments under this Agreement will be delivered in person, by courier, by facsimile or sent by registered mail postage prepaid and addressed: to the Head Landlord and Head Tenant: c/o SmartCentres to the Tenant: with a copy to: 700 Applewood Crescent, Suite 100 Vaughan, Ontario L4K5X3 Attention: L~gal Department 55 Leek Crescent Beaver CreekBusiness Park Richmond Hill, Ontario, L4B 3Y2 Attention: Senior Director, Real Estate David Calder CAO, Town ofTillsonburg 200 Broadway Street, 2nd Floor, Tillsonburg, Ontario N4G 5A7 519-688°3009 Ext. 3227 A notice, demand, request or consenf will be considered to have been given or made on the day that it is delivered in person or by courier or, if mailed, seventy-two (72) hours after the date of mailing. Any party may notify the others in writing of a change of address and the address specified in the notice will be considered the address of the party for the giving of notices under this Agreement. If the postal service is interrupted or substantially delayed, any notice, demand, or request or other instrument will only be delivered in person or by courier. 13. The foregoing provisions shall be self-operative and effective without the execution of any further instruments on the part of either of the parties hereto. However, all parties hereby agree 52 ! ; to execute such further and other instruments as may from time to time be reasonably required by any other party or any purchaser to evidence such priority and attornment. 14. This Agreement may not be modified other than by an agreement in writing signed by the parties. 15. Tiris Agreement shall enure to the benefit of and be binding upon the parties hereto and their respective successors and assigns. Upon the sale of the lands described in Schedule "A" by the Head Landlord, to any purchaser who provides Tenant with an acknowledgement agreeing to be bound by this Agreement, and a copy of such acknowledgment being provided to the Tenant, the Head Landlord shall be released from all its obligations hereunder. 16. For the purposes of this Agreement, the expressions "all of the same terms and conditions of the Lease" shall mean all of the rights, benefits, obligations, terms and conditions, personal or otherwise regardless whether they "run with the land". 1 7. The parties agree that this Agreement shall be governed by and construed and interpreted in accordance with the laws of the Province of Ontario and the parties attorn to the jurisdiction of the courts of the Province of Ontario. 18. This Agreement may be executed in any number of counterparts. A party may send a copy of its executed counterpart to the other party by facsimile transmission instead of delivering a signed original copy of that counterpart. Each executed counterpart (including each copy sent by facsimile transmission) shall be deemed to be an original and all executed counterparts taken together shall constitute one agreement. IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written. HEAD·LANDLORD: The Corporation of the Town of Tillsonburg Per:~ e: O :S:S i:-?-~ Per: ······~e = Name~f'\.<a<. W L Li:o-._ Title: \ ow,.,_ C...\.,-e.r k. J/W e have the authority to bind the Corporation. TENANT: Bulk Barn Foods Limited Per: ---~-------------Name: Title: Per: -----------------Name: Title: J/W e have the authority to bind the Corporation. LANl!LORD_; RMM Tillsonburg Centre Property Inc. Per: --------------------Name: Title: Per:. ___________________ _ Name: Title: J/W e have the authority to bind the Corporation. 53