Airport and Landing Area Development. The Airports Authority reserves the right to further develop or improve the Airport as it sees fit, regardless of the desires or opinions of the Contractor, and without interference or hindrance by Contractor.
Airport and Landing Area Development. Lessor reserves the right to further develop the Airport as it sees fit, regardless of the desires or opinions of Xxxxxx, and without interference or hindrance by Xxxxxx. This includes the right to terminate this Lease, in whole or in part, upon one year prior written notice to Lessee, if Lessor determines, in Lessor’s sole discretion, that termination is necessary for airport development. In the event Lessor terminates this Lease pursuant to this Article 22.A, and provided that Lessee has no uncured Event of Default at the time of Lessor’s notice under this Section, within one hundred twenty (120) days of the effective date of termination, Lessor shall pay to Lessee, directly and/or by credits to Base Rent, an amount equal to the fair market value of the Improvements and the leasehold interest in the Premises, as determined by a Qualified Independent Appraisal according to the same process for determining Fair Market Rent (including the appeal process) set forth in Article 2.B.
