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<br />I <br /> <br />I <br /> <br />I <br /> <br />3.01. The use of the Leased Premises by the Lessee shall be restricted to aviation <br />purposes, unless otherwise approved in writing by the City. Specifically, the Leased <br />Premises shall be used and occupied for the business of operating an aircraft storage <br />facility and for no other purposes without the advance written consent of the City. The <br />Lessee shall use the Leased Premises in good faith continuously for this purpose <br />throughout the term of this Lease. The Lessee shall not leave the Leased Premises <br />vacant at any time, and shall keep the Leased Premises open to the public for business <br />during normal business hours. <br /> <br />3.02. The Lessee shall not place or keep anything on the Leased Premises or use the <br />Leased Premises for any purpose which increases the insurance premium cost or <br />invalidates any insurance policy carried on the Leased Premises without the City's prior <br />written consent. The Lessee agrees that the risk of loss and damage for all property kept, <br />stored or maintained by it within the Leased Premises shall be the Lessee's. <br /> <br />3.03. The Lessee shall not use or permit the use of the Leased Premises in any manner <br />that results in waste of the Leased Premises, or constitutes a nuisance, or violates any <br />statute, ordinance, rule or regulation that applies to the Leased Premises. <br /> <br />3.04. The Lessee shall keep the Leased Premises, including ramps, signs, sidewalks, <br />service ways, and loading areas adjacent to the Leased Premises, neat, clean, and free <br />from dirt and trash at all times. The Lessee shall provide containers for all trash on the <br />Leased Premises, and shall arrange for the regular removal of the trash at the Lessee's <br />expense. <br /> <br />3.05. The Lessee shall store all equipment, materials and supplies within the confines of <br />the building located on the Leased Premises. Outside storage is specifically prohibited <br />without the advance written consent of the City. <br /> <br />3.06. The City agrees that the Lessee shall have access to the runways, taxiways and <br />ramps at the Airport to the same extent as other Airport users. The City's failure to <br />continue the use of the Airport for airport and aviation purposes shall constitute a default. <br />The Lessee may give notice to the City of such a default, and if the City fails to cure the <br />default within 30 days after receiving the notice, this Lease shall terminate, and the Lessee <br />shall vacate the Leased Premises within 120 days after the date the City received the <br />notice. Until the Lessee vacates the Leased Premises, the normal rental fees shall accrue. <br />The date the Lessee vacates the Leased Premises shall be the date the Lessee is <br />released from accruing further obligations under this Lease. <br /> <br />3.07 If for any reason, the City closes the Airport, the Lessee may relocate any <br />buildings it may have constructed to another location. Relocation of these buildings will <br />take place within 120 days of the notice to the Lessee of the Airport's closing. <br /> <br />COSM form 1/99 <br />