Caliber Collision — Original Lease (Bakersfield CA)
The original Caliber Collision lease (Bakersfield, CA) — the base document in the five-part lease package Mike sent as the corporate-credit example. It establishes the rent, maintenance, default/remedy, bankruptcy, and tax provisions later analyzed in Mike's June 18 synopsis. Key provisions per the synopsis: rent §§4.1–4.2, payment default §13.1(b) and remedies §13.2, maintenance §§7.1(a)–(c) and 7.2 (115% landlord step-in), bankruptcy §13.1(f), guaranty §37, and property taxes §§10.1–10.4 (tenant pays ≥20 days before delinquency). PDF not re-parsed during ingest; summary grounded in Mike's synopsis email.
Key Facts¶
- Base lease for the corporate-credit illustration; amended three times — First Addendum, Second Amendment, and the Third Amendment.
- Absolute-NNN-style structure; landlord's role is essentially rent collection.
- Guaranty mechanics finalized via the Third Amendment naming WAND NEWCO 3, INC.
See also: Caliber Lease Synopsis · Credit Tier Framework