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15 - City-Owned Hangar Lease Agreement Amendment
City-of-Paris
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01 - JANUARY
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January 10
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15 - City-Owned Hangar Lease Agreement Amendment
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any extension hereof, and specifically noting thereon that LESSOR is an additional insured. All <br />such policies shall be written so that the LESSOR will be notified of cancellation or of any <br />restrictive amendment of the policies at least thirty (30) days prior to the effective date of such <br />cancellation or amendment. Notice shall be by certified mail, return receipt requested. LESSEE <br />agrees that if LESSEE does not keep all insurance required under this Lease in full force and <br />effect, LESSOR may declare this Lease, and all rights and interest created by it, to be terminated. <br />DEFAULT & TERMINATION: <br />29. Should LESSEE default in the performance of any covenant or condition in Lease, and such <br />default is not corrected within thirty (30) days after receipt of written notice from LESSOR to <br />LESSEE, LESSOR may declare Lease, and all rights and interest created by it, to be terminated. <br />Upon LESSOR electing to terminate, Lease shall cease and come to an end as if that were the day <br />originally fixed herein for the expiration of the term hereof. LESSOR, its agent or attorney, shall <br />be entitled to the immediate possession of the premises. LESSEE agrees that it will not interfere <br />with LESSOR's possession of the premises in any way if LESSOR takes possession under this <br />paragraph. <br />30. Any termination of this lease as herein provided shall not relieve LESSEE from the payment <br />of any sum or sums that shall then be due and payable to LESSOR hereunder, or any claim or <br />damages then or theretofore accruing against LESSEE hereunder, and any such termination shall <br />not prevent LESSOR from enforcing the payment of any such sum or sums or claim damages by <br />any remedy provided for by law or from recovering damages from LESSEE for any default <br />thereunder. No termination shall relieve LESSEE of the obligation to deliver and perform on all <br />outstanding obligations and requirements prior to the effective date of the termination. <br />31. In the event of the failure on the part of LESSEE upon termination of Lease to immediately <br />remove from the leased premises all property owned by it, LESSOR may effect such removal and <br />store such property at LESSEE's expense. <br />32. LESSEE shall pay and discharge all reasonable costs, attorney's fees, and expenses that may <br />be incurred by LESSOR in enforcing the covenants and conditions of Lease. <br />33. Notwithstanding the foregoing, no failure to perform or delay in performance which is caused <br />by 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 />Revised 1-10-2022 <br />
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