Laserfiche WebLink
<br /> -3- <br />flight service phone and planning area, restrooms for men and <br />women, an area where airport patrons and their guests may purchase <br />and consume food and drink, a meeting room, and a lounge area. <br />The parties hereto understand that the terminal building will be <br />owned, controlled, and maintained by LESSOR and that LESSOR may from <br />time to time institute policies which will facilitate its control <br />and maintenance. However, no such policies will be instituted which <br />will unreasonably interfere with LESSEE'S activities as an FBO or <br />that will require LESSEE to relinquish or share use or occupancy of <br />the demised premises in the new terminal building. LESSOR shall <br />reimburse LESSEE reasonable out-of-pocket expenses which it <br />incurs in moving and relocating its personal property from the <br />temporary facilities described above, to the new terminal building. <br />However, it is understood by and between the parties hereto <br />that LESSEE shall provide, for approval by LESSOR, an estimate of <br />out-of-pocket expenses it will incur prior to the move. <br /> B. Premises Leased for Aircraft Storage, Parking and Office, <br /> Maintenance and Repair Space. <br /> <br /> LESSOR further leases and demises unto LESSEE a portion of said <br />Airport designated as Tract A-3 consisting of 152,OOO square feet, <br />hereinafter "the demised premises", as shown on the attached Exhibit 3 <br />for LESSEE'S use as an aircraft storage hangar and parking area for <br />LESSEE's customers and for securing airplanes and for office, <br />maintenance and repair space only and for no other use, by and <br />for persons and personal property authorized by the LESSEE, <br />provided however, that any area to be used for commercial <br />maintenance and repair shall be separated by walls from the <br />area used for aircraft storage. <br /> II. <br /> A. Lease Term for FBO Operation. <br /> The term of the lease of the demised premises described in <br />Paragraph I (A) above shall extend throug hand include October 14, 2005, <br />subject to the written agreement by the parties concerning renegotlated <br />