Airport T-Hangar Lease 2022 (2) - Laserfiche WebLink

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LESSEE__________ 15 LESSOR__________ governmental authority having jurisdiction that required such action in the same means as an event of condemnation as provided above in section 11.2. 12.6 Subordination to Financing and Matters of Record. This Lease is subordinate to the provisions of any leases or indentures entered by Lessor (regardless of when entered) in connection with any debt financing applicable to the Airport and is subordinate to any matter of record affecting the real property of the Airport. 12.7 Notices. Any notice, demand, written consent, or other communication required to be in writing under this Lease shall be given in writing by personal delivery, express mail (postage prepaid), nationally recognized overnight courier with all fees prepaid (such as Federal Express or UPS), or certified mail (return receipt requested and postage prepaid) when addressed to the respective parties as follows: Lessor: Airport Director Bowers Field 3110 Airport Rd, Ste #1 Ellensburg WA 98926 Lessee: ______________________ ______________________ ______________________ ______________________ Either Lessor or Lessee may change its notice address by giving written notice (as provided herein) of such change to the other party. Any notice, demand, or written consent or communication shall be deemed to have been given, and shall be effective, upon compliance with this Section 13.7 and delivery to the notice address then in effect for the party to which the notice is directed; provided, however, that such delivery s hall not be defeated or delayed by any refusal to accept delivery or an inability to effect delivery because of an address change that was not properly communicated. 12.8 Force Majeure. No act or event, whether foreseen or unforeseen, shall operate to excuse Lessee from the prompt payment of rent or any other amounts required to be paid under this Lease. If Lessor, or Lessee in connection with obligations other than payment obligations, is delayed or hindered in any performance under this Lease by a force majeure event, such performance shall be excused to the extent so delayed or hindered during the time when such force majeure event is in effect, and such performance shall promptly occur or resume thereafter at the expense of the party so delayed or hindered. A "force majeure event" is an act or event, whether foreseen or unforeseen, that prevents a party in whole or in part from performing as provided in this Lease, that is beyond the reasonable control of and not the fault of such party, and that such party has been unable to avoid or overcome by exercising due diligence, and may include, but is not limited to, acts of nature, war, riots, pandemics, strikes, accidents, fire, and changes in law.