Common use of Nature of Lease Clause in Contracts

Nature of Lease. TENANT acknowledges and agrees: A. That if this Lease for the operation of an On-Airport Rental Car Concession at Xxxx Xxxxx Airport is awarded to TENANT, it will operate as the Budget brand. This brand will be assigned one Service Counter, one section of the Ready Car Parking Area in the Parking Structure Level 0, and if requested by TENANT, one section in the Overflow Parking for overflow parking. TENANT shall not add any additional brands nor shall TENANT substitute brands without prior written consent of Airport Director. The approval or denial of the Airport Director to an additional or substitute brands shall be at his or her sole discretion. B. That this Lease shall not be construed to be exclusive, and COUNTY shall have the right to lease to additional rental car brands including the use of Service Counter, Ready Car Parking Area and the Overflow Parking. C. That COUNTY shall also have the right to enter into agreements with companies providing car rental services from locations off-airport as well as with Airport fixed base operators (“FBOs”) to conduct rental car services from their leaseholds. Any such agreements with companies operating from locations off-airport shall not include the right to staff Service Counters. TENANT may enter into agreements with Airport FBOs to conduct rental car services from the FBO leaseholds. TENANT shall provide Airport with a copy of any and all such agreements. D. That COUNTY retains a fee ownership for federal income tax purposes in and to the Leased Premises, as well as all other ownership burdens and benefits connected with such fee ownership. E. That TENANT has not been granted any direct or indirect right or option to purchase the Leased Premises from COUNTY at any time during or after the termination of this Lease.

Nature of Lease. TENANT acknowledges and agrees: A. That if this Lease for the operation of an On-Airport Rental Car Concession at Xxxx Xxxxx Airport is awarded to TENANT, it will operate as the Budget Hertz brand. This brand will be assigned one Service Counter, one section of the Ready Car Parking Area in the Parking Structure Level 0, and if requested by TENANT, one section in the Overflow Parking for overflow parking. TENANT shall not add any additional brands nor shall TENANT substitute brands without prior written consent of Airport Director. The approval or denial of the Airport Director to an additional or substitute brands shall be at his or her sole discretion. B. That this Lease shall not be construed to be exclusive, and COUNTY shall have the right to lease to additional rental car brands including the use of Service Counter, Ready Car Parking Area and the Overflow Parking. C. That COUNTY shall also have the right to enter into agreements with companies providing car rental services from locations off-airport as well as with Airport fixed base operators (“FBOs”) to conduct rental car services from their leaseholds. Any such agreements with companies operating from locations off-airport shall not include the right to staff Service Counters. TENANT may enter into agreements with Airport FBOs to conduct rental car services from the FBO leaseholds. TENANT shall provide Airport with a copy of any and all such agreements. D. That COUNTY retains a fee ownership for federal income tax purposes in and to the Leased Premises, as well as all other ownership burdens and benefits connected with such fee ownership. E. That TENANT has not been granted any direct or indirect right or option to purchase the Leased Premises from COUNTY at any time during or after the termination of this Lease.

Nature of Lease. TENANT acknowledges and agrees: A. That if this Lease for the operation of an On-Airport Rental Car Concession at Xxxx Xxxxx Airport is awarded to TENANT, it will operate as the Budget Dollar Rent A Car brand. This brand will be assigned one Service Counter, one section of the Ready Car Parking Area in the Parking Structure Level Xxxxx 0, and if requested by TENANT, one section in the Overflow Parking for overflow parking. TENANT shall not add any additional brands nor shall TENANT substitute brands without prior written consent of Airport Director. The approval or denial of the Airport Director to an additional or substitute brands shall be at his or her sole discretion. B. That this Lease shall not be construed to be exclusive, and COUNTY shall have the right to lease to additional rental car brands including the use of Service Counter, Ready Car Parking Area and the Overflow Parking. C. That COUNTY shall also have the right to enter into agreements with companies providing car rental services from locations off-airport as well as with Airport fixed base operators (“FBOs”) to conduct rental car services from their leaseholds. Any such agreements with companies operating from locations off-airport shall not include the right to staff Service Counters. TENANT may enter into agreements with Airport FBOs to conduct rental car services from the FBO leaseholds. TENANT shall provide Airport with a copy of any and all such agreements. D. That COUNTY retains a fee ownership for federal income tax purposes in and to the Leased Premises, as well as all other ownership burdens and benefits connected with such fee ownership. E. That TENANT has not been granted any direct or indirect right or option to purchase the Leased Premises from COUNTY at any time during or after the termination of this Lease.

Nature of Lease. TENANT acknowledges and agrees: A. That if this Lease is awarded to TENANT for the operation of an On-Airport Rental Car Concession at Xxxx Xxxxx Airport is awarded Airport, (pursuant to TENANTSection 5.01 (USE), it will operate as the Budget “Sixt Rent A Car” brand. This brand will be assigned one Service Counter, one section of the Ready Car Parking Area in the Parking Structure Level 0, and if requested by TENANT, one section in the Overflow Parking for overflow parking. TENANT shall not add any additional brands nor shall TENANT substitute brands without prior written consent of Airport Director. The approval or denial of the Airport Director shall have the sole discretion to an approve or deny additional or substitute brands brands. This brand will be assigned a section of the Ready Car Parking Area in the Parking Structure Level Zero, a Service Counter or Kiosk area, and upon request by TENANT, one section in the Overflow Parking for overflow parking. Additional Overflow Parking may be authorized on an “as needed” basis. If requested, TENANT shall be at his or her sole discretionfollow the procedures as set forth in DocuSign Envelope ID: 08CCD167-7182-44C7-A078-64D298D335A9 DocuSign Envelope ID: 837CBD05-D7F3-442C-BEDC-53BBB97E8583 Section 3.01(c) (OVERFLOW PARKING). B. That this This Lease shall not be construed to be exclusive, and COUNTY shall have the right to lease to additional rental car brands including the use of Service Counter, Ready Car Parking Area and the Overflow Parking. C. That COUNTY shall also have the right to enter into agreements with companies providing car rental services from locations off-airport as well as with Airport fixed fixed-base operators (“FBOs”) to conduct rental car services from their leaseholds. Any such agreements with companies operating from locations off-airport shall not include the right to staff Service Counters. TENANT may enter into agreements with Airport FBOs to conduct rental car services from the FBO leaseholds. TENANT shall provide Airport with a copy of any and all such agreementsagreements upon request. D. That COUNTY retains a fee ownership for federal income tax purposes in and to the Leased Premises, as well as all other ownership burdens and benefits connected with such fee ownership. E. That TENANT has not been granted any direct or indirect right or option to purchase the Leased Premises from COUNTY at any time during or after the termination of this Lease.

Nature of Lease. TENANT acknowledges and agrees: A. That if this Lease for the operation of an On-Airport Rental Car Concession at Xxxx Xxxxx Airport is awarded to TENANT, it will operate as the Budget Thrifty Car Rental brand. This brand will be assigned one Service Counter, one section of the Ready Car Parking Area in the Parking Structure Level Xxxxx 0, and if requested by TENANT, one section in the Overflow Parking for overflow parking. TENANT shall not add any additional brands nor shall TENANT substitute brands without prior written consent of Airport Director. The approval or denial of the Airport Director to an additional or substitute brands shall be at his or her sole discretion. B. That this Lease shall not be construed to be exclusive, and COUNTY shall have the right to lease to additional rental car brands including the use of Service Counter, Ready Car Parking Area and the Overflow Parking. C. That COUNTY shall also have the right to enter into agreements with companies providing car rental services from locations off-airport as well as with Airport fixed base operators (“FBOs”) to conduct rental car services from their leaseholds. Any such agreements with companies operating from locations off-airport shall not include the right to staff Service Counters. TENANT may enter into agreements with Airport FBOs to conduct rental car services from the FBO leaseholds. TENANT shall provide Airport with a copy of any and all such agreements. D. That COUNTY retains a fee ownership for federal income tax purposes in and to the Leased Premises, as well as all other ownership burdens and benefits connected with such fee ownership. E. That TENANT has not been granted any direct or indirect right or option to purchase the Leased Premises from COUNTY at any time during or after the termination of this Lease.

Nature of Lease. TENANT acknowledges and agrees: A. That if this Lease for the operation of an On-Airport Rental Car Concession at Xxxx Xxxxx Airport is awarded to TENANT, it will operate as the Budget National Car Rental brand. This brand will be assigned one Service Counter, one section of the Ready Car Parking Area in the Parking Structure Level Xxxxx 0, and if requested by TENANT, one section in the Overflow Parking for overflow parking. TENANT shall not add any additional brands nor shall TENANT substitute brands without prior written consent of Airport Director. The approval or denial of the Airport Director to an additional or substitute brands shall be at his or her sole discretion. B. That this Lease shall not be construed to be exclusive, and COUNTY shall have the right to lease to additional rental car brands including the use of Service Counter, Ready Car Parking Area and the Overflow Parking. C. That COUNTY shall also have the right to enter into agreements with companies providing car rental services from locations off-airport as well as with Airport fixed base operators (“FBOs”) to conduct rental car services from their leaseholds. Any such agreements with companies operating from locations off-airport shall not include the right to staff Service Counters. TENANT may enter into agreements with Airport FBOs to conduct rental car services from the FBO leaseholds. TENANT shall provide Airport with a copy of any and all such agreements. D. That COUNTY retains a fee ownership for federal income tax purposes in and to the Leased Premises, as well as all other ownership burdens and benefits connected with such fee ownership. E. That TENANT has not been granted any direct or indirect right or option to purchase the Leased Premises from COUNTY at any time during or after the termination of this Lease.

Nature of Lease. TENANT acknowledges and agrees: A. That if this Lease for the operation of an On-Airport Rental Car Concession at Xxxx Xxxxx Airport is awarded to TENANT, it will operate as the Budget Enterprise Rent-A-Car brand. This brand will be assigned one Service Counter, one section of the Ready Car Parking Area in the Parking Structure Level Xxxxx 0, and if requested by TENANT, one section in the Overflow Parking for overflow parking. TENANT shall not add any additional brands nor shall TENANT substitute brands without prior written consent of Airport Director. The approval or denial of the Airport Director to an additional or substitute brands shall be at his or her sole discretion. B. That this Lease shall not be construed to be exclusive, and COUNTY shall have the right to lease to additional rental car brands including the use of Service Counter, Ready Car Parking Area and the Overflow Parking. C. That COUNTY shall also have the right to enter into agreements with companies providing car rental services from locations off-airport as well as with Airport fixed base operators (“FBOs”) to conduct rental car services from their leaseholds. Any such agreements with companies operating from locations off-airport shall not include the right to staff Service Counters. TENANT may enter into agreements with Airport FBOs to conduct rental car services from the FBO leaseholds. TENANT shall provide Airport with a copy of any and all such agreements. D. That COUNTY retains a fee ownership for federal income tax purposes in and to the Leased Premises, as well as all other ownership burdens and benefits connected with such fee ownership. E. That TENANT has not been granted any direct or indirect right or option to purchase the Leased Premises from COUNTY at any time during or after the termination of this Lease.

Nature of Lease. TENANT acknowledges and agrees: A. That if this Lease for the operation of an On-Airport Rental Car Concession at Xxxx Xxxxx Airport is awarded to TENANT, it will operate as the Budget Alamo Rent A Car brand. This brand will be assigned one Service Counter, one section of the Ready Car Parking Area in the Parking Structure Level 0, and if requested by TENANT, one section in the Overflow Parking for overflow parking. TENANT shall not add any additional brands nor shall TENANT substitute brands without prior written consent of Airport Director. The approval or denial of the Airport Director to an additional or substitute brands shall be at his or her sole discretion. B. That this Lease shall not be construed to be exclusive, and COUNTY shall have the right to lease to additional rental car brands including the use of Service Counter, Ready Car Parking Area and the Overflow Parking. C. That COUNTY shall also have the right to enter into agreements with companies providing car rental services from locations off-airport as well as with Airport fixed base operators (“FBOs”) to conduct rental car services from their leaseholds. Any such agreements with companies operating from locations off-airport shall not include the right to staff Service Counters. TENANT may enter into agreements with Airport FBOs to conduct rental car services from the FBO leaseholds. TENANT shall provide Airport with a copy of any and all such agreements. D. That COUNTY retains a fee ownership for federal income tax purposes in and to the Leased Premises, as well as all other ownership burdens and benefits connected with such fee ownership. E. That TENANT has not been granted any direct or indirect right or option to purchase the Leased Premises from COUNTY at any time during or after the termination of this Lease.