6.3. SR 05-07-2007 - Laserfiche WebLink

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(c) Lessee represents that it has no present intention to sell, lease or otherwise dispose of any interest in the Project. Furthermore, Lessee shall not transfer or dispose of all or any portion of the Project except as permitted in Section 4.09 below. Section 4.03. Access to the Building. Lessee shall have the right throughout the Lease Term of ingress to and egress from the Land by way of the existing access on Orono Road. Section 4.04. Signage. Lessee shall install and maintain at Lessee's sole expense, one or more name identification signs for the Building as may be reasonably necessary or appropriate to identify services provided, ingress and egress points and service areas on the Building. All signs installed and maintained by Lessee shall be in compliance with all legal requirements and shall be subject to Lessor's prior approval, which approval shall not be unreasonably withheld or delayed. The cost of installation of signs installed as of the Completion Date shall be a Project Cost within the meaning of this Lease. Section 4.05. Waste. Nuisance, Deficiencies Prohibited. Lessee shall not commit any waste on the Building, or any nuisance or illegal act affecting the interest of Lessor. Lessor shall not commit any waste, or any nuisance or illegal act affecting the use and enjoyment of the Building by Lessee. Section 4.06. Maintenance and Modification of the Pro;ect. (a) Generally. Throughout the Lease Term, Lessee shall keep and maintain the Project in good condition and repair, including replacements and capital improvements as may be reasonably necessary (i) to ensure the structural integrity of the Facilities, including without limitation foundation, walls, roof and heating and ventilation systems ("Structural Improvements"); and (ii) to support any changes in programming necessary to maintain standards of programming at similar YMCA facilities in the Minneapolis-St. Paul metropolitan area ("Programming Improvements"). The term Structural Improvements excludes all Lessee Equipment, except and to the extent the Lessee Equipment substitutes for or replaces Equipment in accordance with Section 9.02(a) hereof. The term Programming Improvements excludes all Lessee Equipment. (b) Structural Improvements. Prior to commencing any Structural Improvements, Lessee shall submit to Lessor plans and specifications for the proposed Structural hnprovements together with Lessee's estimate of the cost and the useful life of the proposed improvement. Ifthe useful life of the proposed Structural hnprovements (as mutually determined by Lessor and Lessee in accordance with federal tax principles) extends beyond the Initial Lease Term, Lessee shall not undertake such Structural Improvements without written approval by Lessor. Lessor's approval shall be limited to the quality, structural integrity, and cost of the Structural Improvement and will not be unreasonably withheld or delayed. Lessee shall make no material changes to plans for any Structural hnprovements after approval by Lessor. The following additional provisions govern Structural Improvements: (i) If Lessor terminates this Lease under Section 11.01 hereof prior to expiration of the useful life of any Structural Improvements constructed under this paragraph, Lessor shall reimburse Lessee for the value of the useful life of the Structural Improvement remaining after termination of this Lease. The value of the remaining useful life will be calculated based on the approved cost of the Structural Improvement divided by the total number of months of useful life of that improvement, multiplied by the number of months of useful life remaining after the effective date of termination of this Lease. The number of months shall be rounded off to the nearest whole month. Lessor shall pay any amount due under this clause upon delivery by Lessor of the notice of termination of this Lease. (ii) If Lessee terminates this Lease under Section 11.01 hereof prior to expiration of the approved useful life of any Structural Improvements constructed under this paragraph, Lessor 13