in Section
5.2.4 above), or a violation of or require a
change in the certificate of occupancy applicable to the Premises; and (vi)
costs shall not exceed Ten Thousand Dollars ($10,000.00) per year.
Notwithstanding any provision to the contrary, any Alterations shall not violate
the Restriction Documents.
UPON EXECUTION OF THIS LEASE, TENANT ACKNOWLEDGES THAT LANDLORD MAY EXECUTE A
NOTICE OF NON-RESPONSIBILITY IN SUBSTANTIALLY THE SAME FORM ATTACHED HERETO AS
EXHIBIT "G", AND INCORPORATED HEREIN BY REFERENCE, AND MAY RECORD THE SAME
WITHIN THREE (3) DAYS OF EXECUTION OF THIS LEASE PURSUANT TO NEVADA REVISED
STATUTES ("NRS") 108.234. TENANT FURTHER AGREES THAT, AT LEAST TEN (10) DAYS
PRIOR TO ENTERING INTO CONTRACT WITH ANY PRIME CONTRACTOR INTENDING TO PERFORM
ALTERATIONS, AND PRIOR TO THE COMMENCEMENT OF ANY WORK RELATING TO THE PREMISES,
TENANT SHALL COMPLY WITH THE REQUIREMENTS OF NRS 108.2403 AND NRS 108.2407
REGARDING POSTED SECURITY AND SHALL NOTIFY LANDLORD IN WRITING OF THE NAME AND
ADDRESS OF ANY SUCH PRIME CONTRACTOR TO ENABLE LANDLORD TO PROPERLY SERVE THE
RECORDED NOTICE OF NON-RESPONSIBILITY UPON THE PRIME CONTRACTOR PURSUANT TO NRS
108.234. TENANT FURTHER AGREES TO, AND SHALL CAUSE ITS PRIME CONTRACTOR TO,
WITHIN TEN (10) DAYS AFTER NOTIFICATION OF THE AWARD OF THE CONTRACT TO THE
PRIME CONTRACTOR, FURNISH BONDS COVERING THE FAITHFUL PERFORMANCE OF THE
CONSTRUCTION OF ANY ALTERATIONS OR INSTALLATION OF EQUIPMENT, WITH PAYMENT OF
ALL OBLIGATIONS ARISING THEREUNDER TO TAKE EFFECT UPON COMPLETION OF SUCH
ALTERATIONS OR OTHER INSTALLATIONS, IN ACCORDANCE WITH THE TERMS OF THE MASTER
LEASE.
TENANT HEREBY ACKNOWLEDGES THAT TENANT IS REQUIRED TO COMPLY WITH THE TERMS OF
THIS SECTION 8.1 AND THE PROVISIONS OF NRS 108.2403 AND (TO THE EXTENT TENANT
ESTABLISHES A CONSTRUCTION DISBURSEMENT ACCOUNT PURSUANT TO NRS 108.2403)
108.2407 PRIOR TO COMMENCEMENT OF ANY WORK OF IMPROVEMENT TO BE CONSTRUCTED,
ALTERED OR REPAIRED ON THE
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AIR CARGO CENTER LEASE
PREMISES (SUCH OBLIGATIONS ARE COLLECTIVELY REFERRED TO AS THE "TENANT'S
ALTERATION OBLIGATIONS").
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TENANT'S INITIALS
The construction by Tenant of Tenant's Work (as defined in Exhibit "E" attached
hereto) to the Premises shall be governed by the terms of the Work Letter
Agreement and not the terms of this Article 8; provided that Tenant shall comply
with Tenant's Alteration Obligations in Tenant's construction of Tenant's Work.
Prior to the commencement of any Improvement or Alterations to or of the
Premises on behalf of Tenant, Tenant shall deliver to Landlord a signed and
acknowledged waiver (or release) of liens from each contractor, subcontractor,
or materialman in a form approved by Landlord, and to the extent permitted by
law, Tenant shall at Tenant's expense cause the duly executed and notarized
waiver (or release) to be recorded in the Office of the Clark County Recorder.
8.2
Manner of Construction
Landlord may impose, in connection with such Alterations or repairs of the
Premises or about the Premises, such reasonable requirements as Landlord in its
reasonable discretion may deem desirable, including, but not limited to, the
requirement