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DOC #2021-0410929 Page 2 of 27 1 2 Absence of Warranties. Except as may be specifically set forth in this Lease, both Parties acknowledge and agree that neither Party has made, nor has either Party relied upon, any representation or warranty by the other Party regarding the permitted use, the effect of any apphcable laws or restnctions, the physical condition, or any other aspect of the Property ARTICLE 2 TERM 2 1 Term The term of this Lease shall commence on its Effective Date, and expire on April 30, 2029, subject, however, to earlier termination as hereinafter provided ARTICLE 3 USE AND COMPLIANCE WITH LAWS 3 1 Use The use herein granted is for pnvate storage and/or mamtenance of aircraft owned or leased by Tenant and, with pnor wntten approval by City, an aviation related business This approval by City for a proposed aviation related business by Tenant cannot be unreasonably withheld An aviation related business is defined as a business that provides service to an aircraft or provides a product that becomes part of an aircraft No other activity shall be conducted by Tenant without advance written approval by City 3 2 FAA Regulations Applicable. It is understood and agreed by Tenant that City, by accepting federal aid for the development of the Airport, agreed in wntmg to comply with Federal Aviation Administration ("FAA") regulations concernmg any agreements, contracts, leases, or other privileges given in connection with the Airport Applicable FAA Regulations are deemed incorporated herein In addition to the FAA Regulations to which City agreed, City has reserves for itself the following nghts A Aeronautical Uses (1) The right to further develop or improve the landing area of the Airport as it may find necessary in City's sole discretion, regardless of the desires or view of Tenant and without interference or hindrance, and (2) The nght, but not being obligated to Tenant, to maintam and keep in repair the landing area of the Airport and all publicly -owned facilities of the Airport, together with the nght to direct and control all activities of Tenant with regard to all publicly -owned facilities, and (3) The nght to keep this Lease subordinate to the provisions and requirements of any existing or future grant agreements between City and the United States or any existing or future FAA Regulations relative to the development, operation or maintenance of the Airport B Non -Aeronautical Uses. (1) That there is hereby reserved to City, and its successors and assigns, for the use and benefit of the public, a right of flight for the passage of aircraft in the airspace above the surface of the Property, together with the nght to cause m said airspace such noise as may be 2 L.\ca\dim\Agreements\Enc Paul Auport Ground Subleasc 9 7 21.do x jn