Kelly Lease Agreement - M-2-M - Laserfiche WebLink

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TEE HANGAR NO.08 8.ASSIGNMENT:The TENANT shall not assign this lease or sublet the tee- hangar,or any part thereof,without prior written permission of the LANDLORD. 9.TENANT'SINSPECTION:The TENANT has carefully examined the tee-hangar and accepts it in its present condition.The TENANT assumesthe risk of any personal injury or property damages resulting from the condition of,or any patent defects in the premises which could be disclosed by careful inspection. 10.MAINTENANCEAND REPAIR:The maintenance and repair of the tee-hangar structure necessitated by ordinary wear and tear shall be the responsibility of the LANDLORD.Any maintenance or repair of the tee-hangar necessitated by acts of negligence caused by the TENANT,its agents or representatives,shall be the responsibility of the TENANT.The TENANT agrees to promptly notify the Director of Public Works in writing of any unsafe or hazardous conditions which may exist in the tee-hangar.Unless such written notification is given in advance by the TENANT,the LANDLORD will not be responsible to the TENANTfor any injuries,loss or damage caused by a lack of maintenance or repair,if such maintenance or repair could have cured the patent hazardous condition.Any improvement or alterations made by the TENANT,will become part of the tee-hangar and shall belong to the LANDLORD at time of termination. 11.LANDLORD'S INSPECTION:The Director of Public Works and/or Fire Department personnel will periodically inspect the tee-hangars.A written report will be submitted to the TENANT of any violations,or safety or fire hazards noted. 12.INSURANCE:THE PARTIES HERETO AGREE THAT THIS LEASE IS A LEASE OF STORAGE SPACE ONLY.IT SHALL BE THE TENANT'S RESPONSIBILITY TO INSURE ANY CONTENTSHE ELECTS TO STORE IN THE TEE-HANGAR, INCLUDING BUT NOT LIMITED TO AIRCRAFT,FOR SUCH LIMITS AND COVERAGE AS HE,THE TENANT,MAY DESIRE.THE PARTIES FURTHER AGREE THAT THE CONTENTS STORED IN THE TEE-HANGAR SHALL BE DEEMED TO BE IN THE FULL AND EXCLUSIVE CARE,CUSTODY,CONTROL AND POSSESSION OF THE TENANTAND NOT THE LANDLORD. The TENANT shall provide aircraft liability insurance coverage in an amount not less than: 3