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1993
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1993
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CITY CLERK
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B. Assignment and Transfer. This lease shall not be <br />assigned in whole or Ln part by lessee without the prior <br />written consent of lesser and any attempted assignment <br />without such priur written consent shall be void. <br />C. Suspension of Lease. During the time of war or <br />national emergency, lessor shall have the right to lease the <br />landing area ut any pert of said airport to the United <br />States Government for military or naval use. if any such <br />lease is executed, any provisions of this instrument which <br />are inconsistent with the provisions of the lease to the <br />government shall be suspended. Nothing, contained in this <br />lease shall prevent lessee from pursuing any rights which <br />lessee may have for reimbursement frorn the United States <br />Government for the taking of any part of this leasehold or <br />for any loss or damages caused to lessee by the United <br />States Government. <br />ARTICLE V1II <br />Rights Upon Termination <br />A. Upon termination of this lease other than under <br />Article VII, paragraph A hereof, lessee shall immediately <br />remove all personal property from the demised premises and <br />return the premises and improvements thereon to lessor in a <br />good state of repair. Any property remaining on the prem- <br />ises al=ter termination shall, at lessor's sole option, <br />become the property of lessor or same may be removed and /or <br />disposed of in any manner deemed appropriate by lessor. <br />Lessor shall not be liable in any manner for such removal <br />and /or disposal; and the cost and expense of such removal <br />and /or disposition shall be paid by lessee. <br />B. Purchase of Equipment. Lessor and Lessee acknowl- <br />edge that this lease arises from a prior Cox field fixed <br />base operator lease between the City of Paris, a municipal <br />corporation, and between the City of Paris and Saber <br />Aviation has heretofore been assigaed to J. B. Richey, Inc. <br />and that Lo further effect and maintain the rights of the <br />City of Paris as set forth in the Saber lease, Lessee, J. B. <br />Richey, Inc., does acknowledge that under the prior lease, <br />an does grant under this lease, a right to the City of Paris <br />to repurchase the 1972 International jeL fuel truck on the <br />following terms: <br />Until March 11, 1994 -- $12,000.00; <br />On March 12, 1989 -- $9,500.00.00; <br />On March 12, 1990 -- $6,500.00; <br />On March 12, 1991 and any subsequent years -- $6,000.00. <br />In the event J. B. Richey, Inc. fails to perform as required <br />in this contract, then the Lessor shall repurchase said fuel <br />truck paying therefore the price established by said above <br />described schedule which recognizes a final salvage value of <br />$6,000.00. Lessee does further., in order to effectuaLe the <br />lease, agrees to deliver the title to the fuel truck to the <br />City of Paris or to show the City of Paris as a lienholder <br />thereon. <br />ARTICLE IX <br />General Provisions <br />A. Concessions Excluded. It is specifically agreed <br />and stipulated that the following concessions and the <br />
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