Laserfiche WebLink
<br />e <br /> <br />e <br /> <br />the laws of the state of Texas. <br /> <br />5. In the event that any repairs, alterations, additions, or <br />improvements are made, in, on or to the Leased Premises by reason <br />of the use and occupancy of the Leased Premises by the Lessee, then <br />the Lessee covenants and agrees to make such repairs, alterations, <br />additions, or improvements in, on or to the Leased Premises at its <br />own expense. The Lessee covenants and agrees to indemnify and save <br />harmless Lessor from and against all expenses, liens, claims, or <br />damages to either persons or property which mayor might arise by <br />reason of any repairs, alterations, additions, or improvements made <br />by the Lessee in, on or to the Leased Premises. <br /> <br />ARTICLE VIII - TERMINATION OF LESSEE <br /> <br />1. In addition to all other remedies available to the Lessee, this <br />Agreement and Lease shall be subject to cancellation by the Lessee <br />should anyone or more of the fOllowing events occur: <br /> <br />A. The permanent abandonment of the Airport. <br /> <br />B. The issuance by any court of competent jurisdiction of <br />any injunction preventing or restraining the use of the <br />Airport in such manner as to substantially restrict the <br />Lessee from conducting its fixed base operation, and the <br />remaining in force of such injunction for at least sixty <br />(60) days. <br /> <br />C. The breach by the Lessor of any of the terms, covenants, <br />or conditions of this Agreement and Lease to be kept, <br />performed, and observed by the Lessor, and the failure <br />of the Lessor to remedy such breach for a period of sixty <br />(60) days after written notice from the Lessee of the <br />existence of such breach. <br /> <br />D. The assumption by the united States Government, or any <br />authorized agency thereof, of the operation, control or <br />use of the Airport and its facilities in such a manner <br />as to substantially restrict the Lessee from conducting <br />its operation, if such restrictions be continued for a <br />period of three (3) months or more. <br /> <br />ARTICLE IX - TERMINATION BY LESSOR <br /> <br />1. In addition to all other remedies available to the Lessor, this <br />Agreement and Lease shall be subject to cancellation by the Lessor <br />should anyone or more of the following events occur: <br /> <br />A. If the Lessee shall file a petition of bankruptcy; or if <br />proceedings in bankruptcy shall be instituted against it <br />and it is thereafter adjudicated a bankrupt pursuant to <br />proceedings; or if a court shall take jurisdiction of the <br /> <br />10 <br /> <br />o <br />