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200905599
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Last modified
7/9/2009 4:52:05 PM
Creation date
7/9/2009 4:46:46 PM
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DEEDS
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200905599
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200905599 <br />the Event Center Improvements, and make all repairs and replacements as shall be <br />reasonably necessary to keep the Event Center Property in good condition. Lessee <br />agrees that all damage or injury done to the Event Center Property or any buildings or <br />structures located thereon by Lessee or by any person, other than Lessors or those <br />controlled ar contracted by Lessors, who may be in or upon the Event Center <br />Property during Lessee's Possession Dates shall be repaired by Lessee at its sole <br />expense. <br />b. Former Property. During the Initial Term hereof, Former shall take good and <br />reasonable care of the Former Property and make all repairs and replacements as shall <br />be reasonably necessary to keep the Former Property in good condition including, but <br />not limited to, the Improvements (other than the City Improvements and the Event <br />Center Improvements). Lessee agrees that all damage or injury done to the Former <br />Property by Lessee ar by any person, other than Lessors or those controlled or <br />contracted by Lessors, who maybe in or upon the Former Property during Lessee's <br />Possession Dates shall be repaired by Lessee at its sole expense. <br />c. Cit Pro ert .During the Term hereof, the City shall take good and reasonable care <br />of the City Property and the City Improvements and make all repairs and <br />replacements as shall be reasonably necessary to keep the City Property and the City <br />Improvements in good condition. Lessee agrees that all damage or injury done to the <br />City Property or the City Improvements by Lessee or by any person, other than <br />Lessors or those controlled or contracted by Lessors, who may be in ar upon the City <br />Property or the City Improvements during Lessee's Possession Dates shall be <br />repaired by Lessee at its sole expense. <br />Notwithstanding anything to the contrary contained in this Lease, nothing contained in this <br />section shall act or be interpreted so as to prohibit Lessors or Lessee from collecting any <br />amounts covered by fire ar other extended casualty insurance, and no Party shall be liable to <br />the other for damages to the Leased Premises to the extent those damages are compensated in <br />full by such insurance and the proceeds thereof are paid to or received by the damaged Party <br />and adequate therefor. <br />10. Alterations. <br />a. Event Center Pro ert .Except as set forth in Section 5 above, neither Event Center, <br />acting as manager under the Management Contract, nar the City as beneficial owner <br />may make, or suffer to be made, any alternations, additions, or improvements to the <br />Event Center Improvements without the prior written consent of Lessee. Event <br />Center and the City covenant and agree that all repair or other work dane by Event <br />Center with respect to the Event Center Improvements shall be performed in a good <br />and workmanlike manner, using first quality materials, and in full compliance with <br />plans and specifications approved by Event Center, the City and Lessee and all laws, <br />rules, orders, ordinances, directions, regulations, and requirements of law. The City <br />shall pay all casts for such alterations, additions, and improvements to the Event <br />-13- <br />
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