Hangar Sample Clauses

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. 2,500 Square Feet or sufficient hangar area to accommodate the largest Aircraft being maintained by Aircraft Maintenance Provider, whichever is greater.

Hangar. Lessee may own, construct and maintain a hangar on the Premises subject to the following conditions: A. The design of the hangar, materials to be used, and other construction related matters must be approved in writing by the City prior to construction. Lessee shall provide to City a site plan of any proposed construction. Such site plan shall indicate the drainage plan for the site, the placement of utilities, hangar location and the presence of hard surfacing. The building color, including trim, shall match nearest existing hangars at the Airport. B. Lessee agrees to keep the interior and exterior of the hangar and the interior and exterior surfaces of the hanger in good condition and to make timely repairs, if necessary, to keep the hangar in good condition. C. Lessee will be responsible for any property taxes associated with the hangar, and for the cost of all utilities to service the hangar.

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. 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.

Hangar. If SASO is storing Aircraft in hangar(s) and/or performing Aircraft Maintenance that requires hangar, SASO shall have 2,500 square feet of hangar or sufficient hangar area to accommodate the largest Aircraft stored or being maintained by SASO, whichever is greater.

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. d. Million Air shall receive a credit toward payment of the Purchase Price at Closing in the amount of One Hundred Ninety Thousand and No/100 Dollars ($190,000.00), 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 into-plane service to Alpine at Million Air's fueling facilities during normal business hours (the "Purchase Price Fueling Credit"), which may be used by Alpine at Million Air's facilities in both Salt Lake City, Utah and Provo, Utah. The Purchase Price Fueling Credit may be redeemed for into-plane fees at the rate of $.25 per gallon. If at the end of two (2) years following Closing any amount of the Purchase Price Fueling Credit is outstanding, Million Air will immediately issue a check to Alpine in the amount of the balance of the Purchase Price Fueling Credit, if any. e. Million Air shall receive a credit toward payment of the Purchase Price in the amount of Sixty Thousand and no/100 Dollars ($60,000.00), in exchange for which Million Air agrees to assign to Alpine its lease from Provo City for certain property at the Provo City Airport upon which Million Air presently maintains a Quonset building, as more particularly described on Exhibit "D" attached hereto and incorporated herein by this reference (the "...

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. The structure owned by RNAC on the Airfield where the Aircraft is to be stored, specified as the ‘Nominated Hangar Covered by this Agreement’ on page 1 of this Agreement. Land: The land owned and operated by RNAC. Outgoings: shall mean all amounts paid or payable by the Club in connection with the Hangar (plus GST on those amounts to the extent that the Club does not receive an input tax credit for that GST). RNAC: ROYAL NEWCASTLE AERO CLUB (ACN 000 021 045), a public company incorporated in New South Wales and having its registered office at 000 Xxx Xxxxxxx Xxxxxxx, Xxxxxxxxxx in the said State. RNAC Facilities: Means buildings, equipment and assets, other than hangar buildings, owned by RNAC. SOF: Document entitled ‘Schedule of Fees’. Sub Lets: Where the Licensee allows a third party aircraft or other item the use or benefit of the RNAC hangar.