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17 - Ground Lease Agreement with Dr. Louis Trenchard for construction of a private hangar
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17 - Ground Lease Agreement with Dr. Louis Trenchard for construction of a private hangar
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AGENDA
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then or theretofore accruing against LESSEE hereunder, and any such termination shall not prevent <br />LESSOR from enforcing the payment of any such sum or sums or claim damages by any remedy <br />provided for by law or from recovering damages from LESSEE for any default thereunder. No <br />termination shall relieve LESSEE of the obligation to deliver and perform on all outstanding <br />obligations and requirements prior to the effective date of the termination. <br />35. In the event of the failure on the part of LESSEE upon termination of AGREEMENT to <br />immediately remove from the leased premises all property owned by it, LESSOT may effect such <br />removal and store such property at LESSEE's expense. <br />36. LESEE shall pay and discharge all reasonable costs, attorney's fees, and expenses that maybe <br />incurred by LESSOR in enforcing the covenants and conditions of AGREEMENT. <br />37. Notwithstanding the foregoing, no failure to perform or delay in performance which is caused by <br />any war, civil disorder, or other national emergency or which is due to an intervening act of God <br />shall be deemed an event of default during the pending force majeure event. <br />38. Tenants of hangars which are built by LESSEE as consideration for a long-term ground lease <br />shall be given the right -of -first -refusal for the lease of such hangar upon the termination or expiration <br />of the initial lease, the rental rate for such hangars to be determined as set out herein. <br />RESERVED TO LESSOR: <br />39. Nothing herein contained shall be construed to grant or authorize the granting of an exclusive <br />right except as to the premises leased herein. <br />40. LESSOR reserves the right to further develop or improve the landing area of the airport as it <br />sees fit, regardless of the desires or view of LESSEE, including the temporary closing of the airport, <br />and the granting of an exclusive right. <br />41. The parties agree that LESSOR has not waived its sovereign immunity by entering into and <br />performing its obligations under this AGREEMENT. <br />42. LESSOR will maintain and keep in repair the landing area of the airport and all publicly owned <br />facilities of the airport, together with the right to direct and control all activities of LESSEE in this <br />regard. <br />43. During a time of war or national emergency, LESSOR shall have the right to lease the landing <br />
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