15 - Grand Theater Management Agreement

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8/15/18 h) PROJECT shall make every reasonable effort and accommodation to ensure accessibility to the theater by persons with disabilities. i) The board of directors of PROJECT shall meet with CITY at least annually to discuss maintenance and upkeep of the Theater and to make decisions about necessary repairs and/or improvements. 3.4. Furnishings. All furniture, movable trade fixtures and equipment installed by PROJECT, and not owned by or otherwise the property of CITY, may be removed by PROJECT at the expiration or earlier termination of this LEASE if PROJECT so elects, and provided that PROJECT repairs any damages caused to the Grand Theater by the removal of any trade fixtures and equipment, and shall be so removed if required by CITY, or if not so removed shall, at the option of CITY, become the property of CITY. ARTICLE 4. Use of Premises 4.1. Use. PROJECT shall at all times use and operate the Grand Theater during the Term for the operation of a performing arts, theater, meeting, and exhibit center, and for other events and activities designed to attract tourists and other visitors and for the benefit of the CITY, downtown Paris, and the general public. 4.2. CO Dliance. with Laws. PROJECT agrees not to knowingly use the Leased Premises for any use or purpose in violation of any valid and applicable law, regulation or ordinance of the United States, the State of Texas, the City or other lawful governmental authority having jurisdiction over the Leased Premises. 4.3. Maintenance. (a) PROJECT shall keep all improvements that from time to time may be erected or placed on the premises in a state of good repair on a regular and ongoing basis consistent with the standards of maintenance and repair of comparable facilities, reasonable wear and tear, obsolescence, acts of God and loss by casualty (except to the extent PROJECT is required under this LEASE to repair casualty damage) excepted. Upon termination of this LEASE, PROJECT shall deliver up the Leased Premises then situated thereon in good condition, reasonable wear and tear, obsolescence, acts of God and loss by casualty (except to the extent PROJECT is required under this LEASE to repair casualty damage) excepted. (b) With regard to casualty damage to the Theater, PROJECT shall, as soon as reasonably practicable but in no event later than 180 days after the date of a casualty, commence the work of repair, reconstruction, and/or replacement of the damaged improvement. Notwithstanding the foregoing sentence, if the casualty occurs after the eighteenth (20th) LEASE Year and the extent of damage to the Leased Premises is greater than thirty 5