Tenant Reimbursement. In the event COUNTY should require a portion of the Leased Premises for any Airport purpose, COUNTY shall make a good faith effort to provide alternate space if available. In the event COUNTY should require 50% or more of the Leased Premises for any Airport purpose, COUNTY shall reimburse TENANT for the improvements completed on that portion of the Leased Premises during the term of this Lease as follows: Compensation for improvements located on the Leased Premises shall be calculated by means of the following formula: COMPENSATION = B x A A = TENANT’s actual Leased Premises improvement construction costs submitted in accordance with the Section in this Lease entitled “RECORD DRAWINGS AND CONSTRUCTION COSTS”.
Appears in 6 contracts
Samples: Concession Lease, Concession Lease, Concession Lease
