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2021-047 - Approving and Authorizing the Execution of Assignment of Airport Ground Lease Agreement between Sheradon Carter and teh City of Paris for Hangar A-7 at Cox Field to Collin Hadley
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2021-047 - Approving and Authorizing the Execution of Assignment of Airport Ground Lease Agreement between Sheradon Carter and teh City of Paris for Hangar A-7 at Cox Field to Collin Hadley
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12/14/2021 3:56:07 PM
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under this lease including, but not limited to, the right to occupy the improvements placed on the <br />leased premises. <br />MISCELLANEOIIS <br />50. The undersigned officers and/or agents of the parties hereto are the properly authorized officials <br />and have the necessary authority to execute this AGREEMENT on behalfof the parties hereto, and <br />each party hereby certifies to the other that any necessary resolutions or other. acts extending such <br />authority have been duly passed and are now in full force and effect. <br />51. This Agreement represents the entire and integrated agreement between LESSOR and LESSEE <br />and supersedes all prior negotiations, representations and/or agreements, either written or oral. This <br />Agreement may be amended only by written instrument signed by both LESSOR and LESSEE. <br />52. if any clause, paragraph, section or portion of this AGREEMENT shallbe found to be illegal, <br />unlawfal, unconstitutional or void for any reason, the balance of the AGREEMENT shall remain in <br />full force and effect and the parties shall be deemed to have contracted as if said clause, section, <br />paragraph or portion had not been in the Agreement initially. <br />53. This AGREEMENT is executed by the parties hereto without coercion or duress and for <br />substantial consideration, the sufficiency of which is hereby acknowledged. <br />54. Waiver by either party or any breach of this AGREEMENT, or the failure of either party to <br />enforce any of the provisions of this Agreeanent, at any time, shall not in any way affect, Iimit or <br />waive such party's -right thereafter to enforce and compel strict compliance of the AGREEMENT. <br />55. This AGREEMENT shall be drafted equally by all parties hereto. The language of all parts of <br />this AGREEMENT shall be construed as a whole according to its fair meaning, and anyption <br />or principle that the language herein is to be construed against any party shall not apply. Headings in <br />this AGREEMENT are for the convenience of the parties and are not intended to be used in <br />construing this document. <br />56. This AGREEMENT maybe executed in a number of identical counterparts, each ofwhich shall <br />be deemed an original for all purposes. <br />57. This AGREEMENT shall notbe assigned without the written consent of LESSOR, which shall <br />notbe unreasonablywitbheld, conditioned or delayed. Any amendment to this AGREEMENT shall <br />be in writing and signed by all parties to the AGREEMENT. <br />
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