Common use of Subordination to Sponsor’s Assurance Agreement Clause in Contracts

Subordination to Sponsor’s Assurance Agreement. This Agreement shall be subordinate and subject to the terms of any “Sponsor’s Assurance Agreement” or like agreement that has been or may be furnished to the FAA by the Port or required by law.

Appears in 6 contracts

Samples: Equipment Lease and Use Agreement, Signatory Lease and Operating Agreement, Signatory Lease and Operating Agreement

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Subordination to Sponsor’s Assurance Agreement. This Agreement shall be subordinate and subject to the terms of any “Sponsor’s Assurance AgreementGrant Assurances” or like agreement that has been or may be furnished to the FAA by the Port City to the United States of America, its boards, commissions, or agencies, including without limitation the FAA, or required by lawApplicable Laws, as a condition precedent to receiving Federal financial assistance for development of the Airport and other Airport programs and activities.

Appears in 2 contracts

Samples: Airport Cargo Operating Agreement, Airport Cargo Operating Agreement

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Subordination to Sponsor’s Assurance Agreement. This Agreement shall be subordinate and subject to the terms of any “Sponsor’s Assurance Agreement” or like agreement that has been or may be furnished to the FAA by the Port or required by law.

Appears in 1 contract

Samples: Signatory Lease and Operating Agreement

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