Laserfiche WebLink
42. Holding over by LESSEE of the airport premises after the expiration of this Lease shall <br />operate and be construed as a tenancy from day to day at a rental rate computed from the rental rate <br />then prevailing under this lease. <br />43. LESSOR may, at its option, and following a ninety (90) day written notice period, terminate <br />Lease, or any parts thereof, which may be necessary in the event LESSOR desires to use the <br />property, or any portion thereof, for any governmental purpose as determined by LESSOR, such as <br />but not limited to, extension of runways or taxiways, utility or drainage improvements, or the <br />expansion of existing buildings or the erection of other airport facilities. <br />44. Nothing herein contained shall be construed to deny LESSOR its right to condemn the leased <br />property through its power of eminent domain. In the event of condemnation of all or any portion <br />of the leased premises, the leasehold interest of LESSEE shall be deemed to include all rights <br />under this lease including, but not limited to, the right to occupy the improvements placed on the <br />leased premises. <br />MISCELLANEOUS <br />45. The undersigned officers and/or agents of the parties hereto are the properly authorized <br />officials and have the necessary authority to execute this Lease on behalf of 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 />46. This Lease represents the entire and integrated agreement between LESSOR and LESSEE <br />and supersedes all prior negotiations, representations and/or agreements, either written or oral. <br />This Lease may be amended, modified, or altered only by written instrument signed by both <br />LESSOR and LESSEE, dated subsequent to the date of this Lease, and duly executed by the parties <br />hereto. <br />47. If any clause, paragraph, section or portion of this Lease shall be found to be illegal, unlawful, <br />unconstitutional or void for any reason, the balance of the Lease shall remain in full force and <br />effect and the parties shall be deemed to have contracted as if said clause, section, paragraph or <br />portion had not been in the Lease initially. <br />48. This Lease is executed by the parties hereto without coercion or duress and for substantial <br />consideration, the sufficiency of which is hereby acknowledged. <br />Revised 1-10-2022 <br />