Laserfiche WebLink
<br />8. <br /> <br />Covenants of Lessor. <br /> <br />Lessor agrees that all airport revenue derived from Lessee <br /> <br />and any other user of the property should be allocated toward <br /> <br />the maintenance <br /> <br />of the <br /> <br />San <br /> <br />Marcos Municipal <br /> <br />Airport <br /> <br />and <br /> <br />improvements <br /> <br />thereof; <br /> <br />provided, <br /> <br />however, <br /> <br />that <br /> <br />this <br /> <br />requirement shall not be considered mandatory upon the Lessor <br />unless it is so required by existing indenture or agreement <br /> <br />wi th the Federal Government or any amended or substitute <br /> <br />indentures and agreements hereinafter entered into with the <br /> <br />Federal Government. <br /> <br />9. <br /> <br />Covenant of Title. Authority and Quiet Possession. <br /> <br />Lessor represents and warrants that Lessor has full right and <br /> <br />lawful <br /> <br />authority to <br /> <br />enter <br /> <br />into <br /> <br />and perform the <br /> <br />Lessor's <br /> <br />obligations under this lease for the full term as stated <br /> <br />above, and all extensions here provided, and has title to the <br />demised premises as shown by the Indenture between the United <br /> <br />States Government and the City of San Marcos which has been <br /> <br />made a part hereof by reference. <br /> <br />Lessor further covenants <br /> <br />that if Lessee shall have and enjoy, during the term hereof, <br />quiet and undisturbed possession of the demised premises and <br /> <br />all <br /> <br />appurtenances appertaining thereto, <br /> <br />together with the <br /> <br />right to use the runways and taxiways of the airport facility <br /> <br />as contemplated herein; provided, however, that this lease is <br />subject to the prior approval of the Federal Aviation <br />Administration, and the rights of the United States of <br /> <br />America to have exclusive or non-exclusive <br /> <br />use, control <br /> <br />and <br /> <br />possession without charge, <br /> <br />of the airport or any portion <br /> <br />thereof during periods of National Emergency; <br /> <br />and further <br /> <br />subject to the right of the Federal Aviation Administration <br />and United states Government to take a portion of the airport <br /> <br />premises <br /> <br />for <br /> <br />air <br /> <br />traffic <br /> <br />control <br /> <br />activities, <br /> <br />weather <br /> <br />reporting activities, or communication activities related to <br /> <br />air traffic control, all as provided in said Indenture. <br /> <br />10. <br /> <br />Insurance <br /> <br />Lessee shall, at its own expense, purchase, maintain and keep <br /> <br />in force such insurance as will protect Lessee from claims <br /> <br />-5- <br />