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a monthly holdover rate in the amount of 150% of the Rent in effect on the date the Lease is <br /> terminated. Holdover tenancy will be subject to all other terms and conditions of this Lease. <br /> 2.08 Other Fees and Charges. Provided all other tenants and users at the Airport are required to pay for <br /> tie-down and other public Airport Facilities(as defined below) use, Lessee agrees to pay for such <br /> use offsite of the Leased Premises. <br /> 2.09 Termination of Existing Lease of 1813 Airport Drive.Upon commencement of this Lease,the San <br /> Marcos Regional Airport Facility Lease Agreement for Commercial Use between the City of San <br /> Marcos and Coast Flight Training&Management Inc.with a commencement date of April 4,2017 <br /> shall terminate and the parties shall have no further rights or obligations thereunder. Coast Flight <br /> Training&Management has acknowledged termination in Exhibit B. <br /> 2.10 Termination of Existing Lease of 1837 Airport Drive. Ninety (90) calendar days after Lessee <br /> receives a Certificate of Occupancy for the improvements at 1813 Airport Drive,the San Marcos <br /> Regional Airport Commercial Ground Lease Agreement between the City of San Marcos and Coast <br /> Flight Training & Management Inc. with a commencement date of December 16, 2016 shall <br /> terminate and the parties shall have no further rights or obligations thereunder. The temporary <br /> modular facilities shall be completely removed from the Leased Premises and Leased Premises <br /> shall be surrendered in good condition. Coast Flight Training & Management has acknowledged <br /> termination in Exhibit B. <br /> ARTICLE 3: USE AND CARE OF PREMISES <br /> 3.01 Authorized Use. During the Term and any renewal thereof,the Leased Premises may be used and <br /> occupied by Lessee for the following, and for no other purpose: flight training and aircraft <br /> maintenance; and all other uses ancillary to any of the foregoing (herein,the "Authorized Use"). <br /> In addition to the Authorized Use, with the express consent of Airport Management (as defined <br /> below),Lessee may conduct incidental activities on the Leased Premises reasonably related to the <br /> Authorized Use. The Leased Premises may not be used for any other purpose without the prior <br /> written consent of Lessor,and any commercial use of the Leased Premises not expressly authorized <br /> under the terms of this Lease may, at Lessor's election, be set forth in an amendment hereto or <br /> separate contract with Lessor. <br /> 3.02 Conduct of Business. <br /> a. Except during any period of repair, reconstruction or Alteration, Lessee shall not fail to <br /> occupy and use the Leased Premises for the Authorized Use. <br /> b. Lessee agrees to keep the Hangar locked when Lessee is not present therein. If the Hangar <br /> is found unlocked by Lessor or Airport Manager, Lessor may overlock the Hangar until <br /> Lessee's lock is replaced, and Lessee notifies Lessor that the Hangar has been locked by <br /> Lessee.At all times during the Term,Lessee shall provide Lessor with a currently operative <br /> key to the Hangar. <br /> C. Lessee covenants and agrees that it shall not make any unlawful use of,nor shall it permit <br /> the unlawful use of,the Leased Premises by any person(s). <br /> 3.03 No Insurance Invalidation• Risk of Lessee. Lessee shall not place or keep anything on the Leased <br /> Premises or conduct any unauthorized use of the Leased Premises which invalidates any insurance <br /> policy carried on the Leased Premises without Lessor's prior written consent. Lessee agrees that <br /> -3- <br />