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ti 200905599 shall be responsible for all maintenance, repairs and replacements of the Improvements on the Former Property during any Renewal Terms. In order to exercise each such renewal option, Lessee must deliver written notice of its intent to renew to Former and Event Center on or before July 1 of the calendar year prior to the expiration of the then-current Term. The Initial Term and Renewal Terms, if any, shall be referred to collectively herein as the "Term." In the event that the City does not exercise its right to renew the City Ground Lease for the Renewal Terms set forth herein, the City Property shall be deemed to be included in the definition of the Fenner Property and Former shall be deemed to be the Lessor with respect to the City Property for purposes of the Renewal Terms. d. Quiet Enjoyment. i. Event Center Property. Event Center covenants that it holds fee simple title to the Event Center Property, subject to the beneficial rights of the Cityunder the terms of the City Agreement, and has full power and authority to lease and demise the same to Lessee under the terms of the Management Contract on the terms and conditions set forth herein and that Lessee, upon performance of all the covenants and conditions of this Lease, shall have the quiet and undisturbed possession of the Leased Premises during the Term hereof without any interruption by Event Center or any person claiming by, under or through Event Center, subject to all of the provisions of this Lease. ii. Former Property. Former covenants that it holds fee simple title to the Former Property and has full power and authority to lease and demise the same to Lessee on the terms and conditions set forth herein and that Lessee, upon performance of all the covenants and conditions of this Lease, shall have the quiet and undisturbed possession of the Leased Premises during the Term hereof without any interruption by Former or any person claiming by, under or through Former, subject to all of the provisions of this Lease. iii. City Froperty. The City covenants that it, together with Wells Fargo, has a valid ground lease interest in the City Property and has full power and authority to lease and demise the same to Lessee under the terms of the City Ground Lease and the Wells Fargo Agreement on the terms and conditions set forth herein and that Lessee, upon performance of all the covenants and conditions of this Lease, shall have the quiet and undisturbed possession of the Leased Premises during the Term hereof without any interruption by the City ar any person claiming by, under or through the City, subject to all of the provisions of this Lease. 4. Lessee's Possession Dates. a. Permitted Use. Lessee shall use the Leased Premises solely for the operation of the Nebraska State Fair; provided, however, that in no event shall the dates for the -5-