Laserfiche WebLink
<br />-7- <br /> <br />13. <br /> <br />conaemn~~. <br /> <br />a. <br /> <br />ToeaJ. : <br /> <br />If the the aem1seà prem1ses shall oe acquired or <br /> <br />taken oy em1nent aoma1n for any PUblic or quas1-pucLic use or <br /> <br />purpose, then th1S .Lease ana the term herein shaJ.l cease <br /> <br />ana <br /> <br />terminate as of tne aate of title vest1ng in such proceeding. <br /> <br />b. <br /> <br />Part1aJ.: <br /> <br />If any part of the aemlsea premises or alL or <br /> <br />part of the San Marcos Munic1pal Airport shali <br /> <br />ce <br /> <br />taken <br /> <br />as <br /> <br />aforesaid, <br /> <br />ana such partiaL tak1ng shall render that pOrt10n <br /> <br />of the aem1sed premlses <br /> <br />not <br /> <br />so <br /> <br />taken <br /> <br />unsultac.Le <br /> <br />for <br /> <br />the <br /> <br />business of Lessee, then this .Lease and the term here1n sha11 <br /> <br />cease <br /> <br />ana terminate as aforesaid. <br /> <br />If such part1aJ. tak1ng 1S <br /> <br />not extenslve enough to render the <br /> <br />premises <br /> <br />unsuitaole <br /> <br />for <br /> <br />the <br /> <br />cusiness <br /> <br />of <br /> <br />Lessee, <br /> <br />then this .Leas. shall continue 1n <br /> <br />effect except that the minimum rental. shall <br /> <br />be <br /> <br />reduced <br /> <br />and <br /> <br />adJusted in an appropriate manner. <br /> <br />c. <br /> <br />If <br /> <br />this <br /> <br />lease <br /> <br />is <br /> <br />terminated <br /> <br />as <br /> <br />provided <br /> <br />1n <br /> <br />th1S <br /> <br />paragraph, rent shaJ..L De palå up to the dace that <br /> <br />posseSS10n <br /> <br />is <br /> <br />so <br /> <br />taken <br /> <br />oy <br /> <br />PUCJ.1C authørity, ana Lessor shaLL make an <br /> <br />equltaOJ.e refund of any rent palo oy Lessee 1n advance. <br /> <br />a. <br /> <br />Awara: <br /> <br />Lessee shall not Oe entitled <br /> <br />to <br /> <br />ana <br /> <br />expr~ssly <br /> <br />wa1ves <br /> <br />all <br /> <br />cì.alm <br /> <br />to any condemnation award for any taking, <br /> <br />whether whole or partlal, and whether for alm1nution in value <br /> <br />of the leasehola or to the fee <br /> <br />although <br /> <br />Lessee <br /> <br />shall <br /> <br />have <br /> <br />ther1ght, <br /> <br />to <br /> <br />the <br /> <br />extent <br /> <br />that <br /> <br />the <br /> <br />same <br /> <br />shall not reduce <br /> <br />Lessor's award, to cla1m from the <br /> <br />condemnor, <br /> <br />but <br /> <br />not <br /> <br />from <br /> <br />Lessor, <br /> <br />such compensation as may be recoverable by Lessee 1n <br /> <br />its own right for damage to Lesseels Dusiness and f1xtures. <br /> <br />14. <br /> <br />Operation of the Airport. <br /> <br />a. <br /> <br />Lessor reserves the right <br /> <br />to <br /> <br />operate <br /> <br />the <br /> <br />Airport <br /> <br />1n <br /> <br />accordance <br /> <br />w1th <br /> <br />the <br /> <br />001 j g,;t t; 1 nn <br /> <br />to <br /> <br />the <br /> <br />Fl!aera.J. <br /> <br />or State <br /> <br />Government under any of the <br /> <br />agreements <br /> <br />for <br /> <br />Wh1Ch <br /> <br />ala <br /> <br />for <br /> <br />development was granted: providea, however, 1f such operat10n <br /> <br />restricts <br /> <br />the <br /> <br />operat1on <br /> <br />of Lessee on the dem1sed premises, <br /> <br />approprlate rental reductions shall De <br /> <br />negOtiated. <br /> <br />In <br /> <br />the <br /> <br />event that appropriate rental reductions cannot be negotlated <br /> <br />between <br /> <br />the <br /> <br />part1es <br /> <br />hereto, then 1n such event, this lease <br /> <br />shall terminate and the parties hereto shall have no further <br />