Hangar. XXXXXX understands the primary use of the premises shall be aircraft storage. LESSEE shall comply with Federal Aviation Administration (FAA) policy on Non- Aeronautical Use of Airport Hangars as outlined in FAA Order 5190.6B and in any other guidance published by the FAA concerning the use of hangars, so as not to ultimately impede the use of the hangar for aeronautical purposes. The premises shall not be used for any commercial purposes.
Hangar. This agreement is for Hangar # , in Building # as identified on the map maintained by the City of Faribault Public Works Department.
Hangar. Lessee may own, construct and maintain a hangar on the Premises subject to the following conditions:
Hangar c. At Closing, Million Air shall receive a credit toward payment of the Purchase Price in an amount equal to the value of all fuel, oil, counter inventories and new or yellow-tagged training aircraft parts and excluding used or obsolete parts (with appropriate documentation verifying origin and certifying air worthiness) of Alpine included in the Alpine Assets as of Closing (the "Inventory"), in exchange for which Million Air agrees to establish in favor of Alpine a credit in equivalent amount, for which Million Air agrees to provide airplane fuel to Alpine at Million Air's fueling facilities during normal business hours and subject to availability (the "Inventory Fuel Credit"). The value of the Inventory and the amount of the corresponding Inventory Fuel Credit is currently estimated at $60,000.00, and shall be determined at Closing by agreement between Alpine and Million Air. The Inventory Fuel Credit may be redeemed for airplane fuel at the cost charged to Million Air by Million Air's supplier, plus applicable taxes and fees. The Inventory Fuel Credit may be used by Alpine at Million Air's facilities in both Salt Lake City, Utah or Provo, Utah.
Hangar. Until the expiration of the term or sooner termination of this Lease and except as specifically provided herein, Lessee shall own the hangar now existing upon the Premises, and all alterations, additions, or betterments made thereto by Lessee (“Hangar”). On the expiration of the term of this Lease, Section 37 shall govern the ownership of the Hangar. Upon any early or sooner termination of this Lease, including, without limitation, upon any termination pursuant to Section 19, title to the Hangar shall vest in and become the full and absolute property of Authority , without the payment of any consideration by Authority to Lessee.
Hangar. 2,500 Square Feet or sufficient hangar area to accommodate the largest Aircraft being maintained by Aircraft Maintenance Provider, whichever is greater.
Hangar. A. Lessee agrees to erect, or cause to be erected, a hangar building (hereinafter "Hangar") upon the Leased premises. Said Hangar shall be in conformity with the Private Hangar Minimum Standards adopted by the Red Wing Airport Board, the Red Wing City Council and the State of Wisconsin. In the event of any said standards conflict, the more restrictive shall apply. The Lessee further agrees to erect and to maintain said hangar building at its own expense and to keep said hangar building in good repair at all times while this Lease is in effect. Lessee further agrees, and notice is hereby given to all to whom it may concern, that Lessee will erect, or cause to be erected, said Hangar Building, and to pay in full the cost of all labor and materials, and that it will not suffer or permit any mechanic's liens to be put or remain against the Hangar Building, its appurtenances, or the title of the real estate, which shall at all times remain in the City of Red Wing unless Lessor requires restoration of the property pursuant to paragraph 19(C) of this Lease in which case Lessee may remove the Hangar from the leased premises. In the event a Hangar is already constructed at the time this Lease is executed, Lessee agrees that the foregoing shall also apply to the existing Hangar.
Hangar. The subject property of this RFP is located at 0000 Xxx Xxxx Drive and reflects a 0.943-acre site (41,078 sq. ft.) more or less improved with approximately 12,000 sq. ft. office/hangar/shop building (The leased site includes the approximate amenities 2,880 sq. ft of office space [two floors], 8,000 sq. ft. of hanger space, 1,120 square feet of attached lean-to-shop, and 7,360 sq. ft. of paved aircraft apron. The development lies on the east side of Xxx Xxxx Drive, just northeast of the Airport terminal facility, with vehicular access and parking off of Xxx Xxxx Drive. Airside access is via a 35-foot wide taxi-lane which extends between two buildings with limited clearance, thereby limiting the size of aircraft that can safely access this facility. The office/hanger structure was originally constructed in 1998. The hangar area has a concrete floor, insulated metal walls, a high ceiling, high-intensity lighting, and plexiglass skylights. The roof has been repaired this year to fix any leaks.
Hangar. The subject property of this RFP is located at 0000 Xxx Xxxx Drive and reflects a 0.943-acre site (41,078 sq. ft.) more or less improved with approximately 12,000 sq. ft. office/hangar/shop building (The leased site includes the approximate amenities 2,880 sq. ft of office space [two floors], 8,000 sq. ft. of hanger space, 1,120 square feet of attached lean-to-shop, and 7,360 sq. ft. of paved aircraft apron. The wing span between E and F hangers is 110’ 2”. From hanger E to centerline is 73’ 8”, centerline to hanger F is 36’ 6”. The development lies on the east side of Xxx Xxxx Drive, just northeast of the Airport terminal facility, with vehicular access and parking off of Xxx Xxxx Drive. Airside access is via a 35-foot wide taxi-lane which extends between two buildings with limited clearance, thereby limiting the size of aircraft that can safely access this facility. The office/hanger structure was originally constructed in 1998. The hangar area has a concrete floor, insulated metal walls, a high ceiling, high-intensity lighting, and plexiglass skylights. The roof has been repaired this year to fix any leaks.
Hangar. 10,000 Square Feet (individual hangars of no less than 1,250 Square Feet each) or sufficient hangar area to accommodate the largest Aircraft stored or being serviced by FBO, whichever is greater.
