exv10w18xcy



 







EXHIBIT
10.18(c)












SECOND AMENDMENT TO LEASE




     This Second Amendment to Lease dated September 1, 2000 is executed by and between Syufy
Enterprises, L.P. (“Landlord”) and Century Theatres, Inc. (“Tenant”).



WITNESSETH:




     WHEREAS, Landlord and Century Theatres of California, Inc. entered into a lease dated
September 30, 1995 (the “Lease”) for a motion picture theater building and related parking (the
“Premises”) located in South San Francisco, California; and



     WHEREAS, Landlord and Tenant entered into that certain First Amendment to Lease dated October
31, 1996; and



     WHEREAS, Century Theatres, Inc., a Delaware corporation, has succeeded Century Theatres
of California, Inc., as Tenant; and



     WHEREAS, Century Theatres, Inc. has assumed all obligations of Century Theatres of
California, Inc., as set forth in the Lease; and



     WHEREAS, the parties desire now to further amend the Lease to revise and clarify certain
obligations between the parties, as hereinafter provided;



     NOW, THEREFORE, the parties hereto mutually agree that the Lease shall be further amended as
follows:



     A. Consumer Price Index



     The reference in the first grammatical paragraph of Section 4.01(B) of the Lease to the
“San Francisco-Oakland-San Jose Average” is hereby deleted and in its place is inserted the “All
West Average,” and the following sentence shall be added to this first grammatical paragraph of
Section 4.01(B):








     Notwithstanding the foregoing, in no event shall the Minimum Monthly Rent be increased
by an amount that is more than fifteen percent (15%) of the
Minimum Monthly Rent payable before the adjustment date in question.







     B. Gross Sales



     The second paragraph of Section 4.02 is hereby deleted and in its place is inserted the
following paragraph:




     Gross Sales shall mean all box office receipts, including receipts from tickets or
gift certificates redeemed at the premises regardless of their point of sale, as well as
receipts from sale of goods, merchandise, beverages, food, vending



Plaza So. San Francisco





 









 








machines and video games. Gross Sales shall exclude credits and refunds made with
respect to admissions or other sales; all federal, state, county and city admission taxes,
sales and use taxes, and other similar taxes now or hereafter imposed whether such taxes
are collected from customers separately from the selling price of admission tickets or
absorbed therein, and actually paid over to the taxing authority by Tenant; returned,
exchanged, waived or “Pass Admissions” including EBF charges on “Pass Admissions;” and
receipts from tickets or gift certificates sold but not redeemed at the Premises.
Commissions or surcharges paid to agencies or other third parties for selling tickets or
processing credit card transactions, and any sums paid to third parties for the use or
rental of vending machines, pay telephones or other amusement machines shall be deducted
from Gross Sales.



     C. Insurance



     The reference in Section 6.03(D) to a Bests rating of “A-” is hereby deleted and in its
place inserted a Bests rating of “A-/VII.”



     D. Alterations



     The last sentence of Section 7.01 (A) is hereby deleted and its place inserted the
following:




     If the change, alteration or addition is structural or exterior in nature, Tenant
shall provide Landlord with a copy of Tenant’s plans and specifications for the work and
obtain Landlord’s written approval therefore, which approval shall not be unreasonably
delayed or withheld.



     E. Indemnity and Hold Harmless



     The indemnity rights set forth in Sections 9.02 and 10.01 are hereby expanded to include
an obligation by Tenant to defend, indemnify and hold harmless both Landlord and Landlord’s
corporate affiliates, as well as their respective officers, directors, agents, and employees, in
each instance where the right of indemnity would be accorded to Landlord.



     F. Assignment



     The reference in Section 11.01(C) to “$30,000,000.00” is hereby deleted and
replaced with “$30,000,000.00, as adjusted each year by the CPI index identified in Section
4.01(B)”



Plaza So. San Francisco




 









 





     G. Surrender



     After the first sentence of Section 15.02(E), the following sentence is hereby inserted:




     Alternatively, Landlord may elect in its sole and absolute discretion to require
Tenant to demolish the Tenant-occupied improvements located on the Premises and remove
all surface debris thereon.



     This Second Amendment to Lease is hereby executed and shall be effective as of the date first
written above. All other conditions of the Lease, or the executed amendments thereto, if any, shall
remain in effect.



	 	 	 	 	 
	SYUFY ENTERPRISES, L.P.

	 	 	 	CENTURY THEATRES, INC.
	“Landlord”

	 	 	 	“Tenant”
	 
	 	 	 	 
	/s/ Raymond W. Syufy

	 	 	 	/s/ Joseph Syufy
	 

	 	 	 	 
	Raymond W. Syufy

	 	 	 	Joseph Syufy
	Chief Executive Officer

	 	 	 	President






[STAMP]
Plaza So. San Francisco