Res 1996-090 - Laserfiche WebLink

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, t(oB 147~AGE ~425 VC:.. -3- - Lease shall terminate and Lessee shall vacate the Leased Premises no later than 120 days thereafter, during which time the normal rental fees shall accrue; the date upon which the Leased Premises are vacated by Lessees shall be the date Lessees are released from and relieved of all further obligations of this Lease. ARTICLE 4. Maintenance and Repair of Premises 4.1 Lessees shall keep the Leased Premises in good, clean condition and shall make all needed repairs to all structures on the premises. Lessees shall comply, at their sole cost and expense, with all governmental laws, ordinances and regulations applicable to the Leased Premises. The Lessees shall not be obligated to make any structural changes or alterations to the Leased Premises unless made necessary by the act or omission of the Lessees, in which event Lessees shall comply, at their expense, with plans and specifications submitted to and approved by Lessor under Article 5 of this Lease. If any repairs required to be made by Lessees are not made within 30 days after written notice delivered to Lessee by Lessor, Lessor may at its option make repairs without liability to Lessees for any loss or damage which may result to Lessees' property or business by reason of such repairs, and Lessees shall pay to Lessor upon demand. as additional rental the cost of repairs plus interest at the maximum legal rate in effect in the State of Texas from the date of payment by Lessor until repaid by Lessees. 4.2 Maintenance of the runways, taxiways, entrance roads, driveways, existing parking lots, leading to and/or contiguous to the Leased Premises shall remain the obligation of the Lessor. ARTICLE 5. -~ Alterations and Fixtures 5.1 The Lessees shall within twelve (12) months of the commencement of this Lease construct an aircraft storage hangar (the "Hangar") on the Leased Premises. The Hangar shall be constructed in accordance with sealed plans prepared by a licensed or registered professional structural engineer which depict the total construction project. The plans shall include the proposed design of the Hangar and the estimated cost of the construction, and shall establish a time schedule for the completion of the construction. 5.2 Lessees shall not make any further alterations, additions, or improvements to the Leased Premises without the prior written consent of Lessor. All improvements, alterations, additions and fixtures (other than unattached, movable trade fixtures) which may be made or installed by either party upon the Leased Premises shall become the property of Lessor at the termination of this Lease for any reason whatsoever, and at the termination of this Lease shall remain upon and be surrendered with the Leased Premises, unless Lessor requests their removal, in which event Lessees shall remove the same and restore the Leased Premises to their original condition at Lessees' expense. ~ 5.3 Lessees shall prevent any lien or obligation from being credited against or imposed upon the Leased Premises by reason of any alteration, repair, labor performed or ---- materials furnished to the Leased Premises for or on behalf of Lessees, and Lessees will discharge any lien or charge immediately after the lien occurs or charges become due and payable, provided that in the event Lessees dispute the lien or the claim upon which it is founded, Lessees shall have the right, without discharging said lien, to promptly pursue settlement or litigation without paying such claim until such time as the claim becomes final and subject to no further appeal by Lessees. Lessees shall hold harmless, indemnify and defend Lessor, its officers, agents and employees from and against any claims related to such liens or