Res 1998-040 - Laserfiche WebLink

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term. The increase in the market rate shall be limited to ($.10) per square foot per year, but in no event will the fixed rental rate be reduced. Article 3. Use and Care of Premises 3.01. The use of the Leased Premises by the Lessee shall be restricted to aviation purposes, unless otherwise approved in writing by the Lessor. Specifically, the Leased Premises shan be used and occupied for the business of commercial operations to include aircraft hangaring/storage and aircraft maintenance, and for no other purposes without the advance written consent of the Lessor. The Lessee shall use the Leased Premises in good faith continuously for this purpose throughout the term of this Lease. The Lessee shall not leave the Leased Premises vacant at any time, and shall keep the Leased Premises open to the public for business during normal business hours. 3.02. The Lessee shall not place or keep anything on the Leased Premises or use the Leased Premises for any purpose which increases the insurance premium cost or invalidates any insurance policy carried on the Leased Premises without the Lessor's prior written consent. The Lessee agrees that the risk of loss and damage for all property kept, stored or maintained by it within the Leased Premises shall be the Lessee's. 3.03. The Lessee shall not use or permit the use of the Leased Premises in any manner that results in waste of the Leased Premises, or constitutes a nuisance, or violates any statute, ordinance, rule or regulation that applies to the Leased Premises. 3.04. The Lessee shall keep the Leased Premises, including ramps, signs, sidewalks, service ways, and loading areas adjacent to the Leased Premises, neat, clean, and free from dirt and trash at all times. The Lessee shall provide containers for all trash on the Leased Premises, and shall arrange for the regular removal of the trash at the Lessee's expense. 3.05. The Lessee shall store all equipment, materials and supplies within the confines of the building located on the Leased Premises. Outside storage is specifically prohibited without the advance written consent of the Lessor. 3.06. The Lessor agrees that the Lessee shall have access to the runways, taxiways and ramps at the Airport to the same extent as other Airport users. The Lessor's failure to continue the use of the Airport for airport and aviation purposes shall constitute a default. The Lessee may give notice to the Lessor of such a default, and if the Lessor fails to cure the default within 30 days after receiving the notice, this Lease shall terminate, and the Lessee shall vacate the Leased Premises within 120 days after the date the Lessor received the notice. Until the Lessee vacates the Leased Premises, the normal rental fees shall accrue. The date the Lessee vacates the Leased Premises shall be the date the Lessee is released from accruing further obligations under this Lease.