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<br />consent of the airport manager. <br />shall be prohibited. <br /> <br />K. Meet Financial Obligations. Lessee shall meet and <br />keep his financial obligations of his operations described <br />herein in a current condition. Lessee shall furnish lessor <br />with a copy of his monthly operating statement and that <br />portion of his annual Federal Income Tax Return relating to <br />said herein described operations. <br /> <br />Flashing lighted signs <br /> <br />ARTICLE IV <br /> <br />Term of Leasehold <br /> <br />Term. The term of this lease shall be for a <br />period of 5 years commencing February 8, 1988, and ending <br />February 7, 1993. If lessee exercises and performs all of <br />its duties and obligations hereunder during the term hereof, <br />then upon applying in writing not less than six (6) months <br />nor more than nine (9) months before the end of the said <br />term, lessee shall have the first right for an optional term <br />of five (5) years beginning February 8, 1993, and ending <br />February 7, 1998, with the lease for such additional period <br />to be on the same terms and conditions as the initial term. <br /> <br />ARTICLE V <br /> <br />RENTAL FEE <br /> <br />A. Flowage Fee in Lieu of Rental for Ground and <br />Equipment. As annual ground and e~ui.pment rental for real <br />and personalty shown on Exhibit "A', "B" and "c" attached <br />hereto Lessee shall pay to Lessor a fuel flowage fee as <br />follows: <br /> <br />From To Gallons Fee per Gallon <br />0 135,000 $ .05 <br />135,000 200,000 .06 <br />200,000 250,000 .07 <br />250,000 300,000 .08 <br />300,000 Infinity .09 <br /> <br />B. Time of Payment. All fuel flowage fees shall be <br />paid on or before the tenth day of the month following the <br />month in which the sale was made. <br /> <br />ARTICLE VI <br /> <br />Insurance, Indemnification and Performance Security <br /> <br />A. Fire Insurance. During the full term of this <br />lease, lessee shall, at its sole cost and expense, cause all <br />improvements constructed by it on the demised premises to be <br />kept insured to the full insurable value thereof against the <br />