Title to Existing Improvements. Title to all improvements (except the building and any other improvements owned by SRA or City) currently located on the Leased Premises and Leasehold Improvements constructed by the Lessee during the Term of this Agreement as hereinafter set forth, shall be and remain in Lessee during the Term of this Agreement and any extended period. Title to any such Leasehold Improvements shall vest with SRA upon expiration of this Agreement as set forth in Section 2.6 herein. Lessee shall not sell, convey, mortgage, gift, or devise the Leasehold Improvements without SRA consent.
Appears in 4 contracts
Samples: Stillwater Regional Airport Building Lease Agreement, Stillwater Regional Airport Building Lease Agreement, Stillwater Regional Airport Building Lease Agreement
