Res 2005-107 - Laserfiche WebLink

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5.05. The Lessee may mortgage their leasehold interest in the Leased Premises for the purpose of obtaining funding for the construction of the Hangar or other improvements on the Leased Premises. The Lessee shall obtain the advance written consent of the City for each such mortgage. The Lessee shall ensure that no other lien or similar obligation is imposed upon the Leased Premises for any alteration, repair, labor performed or materials furnished to the Leased Premises, and the Lessee shall immediately discharge any lien or charge after the lien occurs or charges become due and payable. In the event the Lessee disputes the lien or obligation, however, the Lessee shall have the right to promptly pursue settlement or litigation without paying the claim until the claim becomes final and subject to no further appeal by the Lessee. The Lessee shall hold harmless, indemnify and defend the City, its officers, agents and employees from and against any claims, demands or suits related to such mortgages, liens or obligations. 5.06. The Lessee shall not do any of the following without the City's advance written consent: 1) make any changes to the Hangar; 2) install any exterior lighting, shades or awnings, or any exterior decorations or paintings on the Hangar; or 3) erect, install or change any signs, window or door lettering, placards, decorations, or advertising media of any type which can be viewed from the exterior of the Hangar. Article 6. Utilities/Taxes 6.01. The Lessee shall promptly pay all charges for electricity, water, telephone service, and other utilities fumished to the Leased Premises. 6.02. The City shall not be liable for any interruption or impairment whatsoever in utility services to the Leased Premises. 6.03. The Lessee shall pay all taxes and assessments against any buildings or other structures it places on the premises as well as all taxes and assessments against personal property on the Leased Premises. Article 7. Insurance and Indemnity 7.01. Liabilitv Insurance: The Lessee shall procure and maintain insurance in full force at its expense as set forth in the Minimum Standards, covering claims which arise out of or in connection with the LesseeDs use or maintenance of the Leased Premises. This insurance shall be written so that the City must be notified in writing at least 30 days in advance of cancellation, restrictive amendment or non-renewal. The Lessee shall file certificates of insurance with the City upon execution of this Lease and annually during the lease term. All insurance required under this paragraph shall be primary over any other insurance coverage the City may have, and shall be written with the City as an additional insured. In any event, the Lessee is fully responsible for all losses arising out of, resulting from or connected with operations under this Lease whether or not the losses are covered by insurance. The City's acceptance of insurance certificates that do not comply with these requirements will not release the Lessee from compliance with these provisions. 7.02. Casualtv Coverage: The Lessee shall maintain in full force and effect during the term of this Lease a policy of insurance on the Texas Standard form of fire and extended coverage for all contents, goods, stock, and any personal property which is or may be situated upon the Leased COSM Form 1/99 4