Common use of TERMINAL APRON FEES Clause in Contracts

TERMINAL APRON FEES. MAC shall calculate the terminal apron rate in the following manner: 1. The total estimated Terminal Apron Cost shall be calculated by totaling the following annual amounts: a. The total estimated direct and allocated indirect Operation and Maintenance Expenses allocable to the Terminal Apron cost center. b. The estimated direct and allocated indirect depreciation and imputed interest on the net Capital Cost (after grants and PFCs) allocable to the Terminal Apron cost center (excluding hydrant fueling repairs and modifications). c. The total estimated direct and allocated indirect cost (net of grants and PFCs) of Capital Outlays allocable to the Terminal Apron cost center. d. The amounts required to be deposited to funds and accounts pursuant to the terms of the Trust Indenture, including, but not limited to, its debt service reserve funds allocable to the Airfield cost center. MAC agrees to exclude from the calculation of landing fees the amounts which it may deposit from time to time to the maintenance and operation reserve account and the Coverage Account established and maintained pursuant to the Trust Indenture except for such amounts which are necessary to be deposited to the Coverage Account in order for MAC to meet its rate covenant under the Trust Indenture. 2. The Terminal Apron Cost shall then be divided by the total estimated lineal feet of Terminal Apron, to determine the terminal apron rate per lineal foot for a given Fiscal Year. For the purposes of this calculation, lineal feet of Terminal Apron shall be computed as the sum of the following: a. Lineal feet of the Terminal Apron (excluding the Terminal Apron associated with Concourses A & B); and b. Fifty percent (50%) of lineal feet of the Terminal Apron associated with Concourse A & B.

TERMINAL APRON FEES. MAC shall calculate the terminal apron rate in the following manner:manner and as illustrated in Exhibit N. 1. The total estimated Terminal Apron Cost shall be calculated by totaling the following annual amounts: a. The total estimated direct and allocated indirect Operation and Maintenance Expenses allocable to the Terminal Apron cost center. b. The estimated direct and allocated indirect depreciation and imputed interest on the net Capital Cost (after grants and PFCs) allocable to the Terminal Apron cost center (excluding hydrant fueling repairs and modifications). c. The total estimated direct and allocated indirect cost (net of grants and PFCs) of Capital Outlays allocable to the Terminal Apron cost center. d. The amounts required to be deposited to funds and accounts pursuant to the terms of the Trust Indenture, including, but not limited to, its debt service reserve funds allocable to the Airfield cost center. MAC agrees to exclude from the calculation of landing fees the amounts which it may deposit from time to time to the maintenance and operation reserve account and the Coverage Account established and maintained pursuant to the Trust Indenture except for such amounts which are necessary to be deposited to the Coverage Account in order for MAC to meet its rate covenant under the Trust Indenture. 2. The Terminal Apron Cost shall then be divided by the total estimated lineal feet of Terminal Apron, to determine the terminal apron rate per lineal foot for a given Fiscal Year. For the purposes of this calculation, lineal feet of Terminal Apron shall be computed as the sum of the following: a. Lineal feet of the Terminal Apron (excluding the Terminal Apron associated with Concourses A & B)lineal feet of Regional Ramp; and b. Fifty percent (50%) of Weighted lineal feet of Regional Ramp, which MAC shall compute as the lineal feet of Regional Ramp weighted by the ratio of the average depth of the Regional Ramp to the average depth of other areas of the Terminal Apron associated with Concourse A & B.Apron.

TERMINAL APRON FEES. MAC shall calculate the terminal apron Terminal Apron rate in the following manner:manner and as illustrated in Exhibit N (revised). 1. The total estimated Terminal Apron Cost shall be calculated by totaling the following annual amounts: a. The total estimated direct and allocated indirect Operation and Maintenance Expenses allocable to the Terminal Apron cost center. b. The estimated direct and allocated indirect depreciation and imputed interest on the Debt Service net Capital Cost (after of amounts paid from PFCs or grants and PFCs) allocable to the Terminal Apron cost center (excluding hydrant fueling repairs and modifications). c. The total estimated direct cost of Concourse A and allocated indirect cost (net B Apron Area deferred and not yet charged from the date of grants and PFCs) of Capital Outlays allocable to the Terminal Apron cost centeroccupancy through December 31, 2005 will be charged starting January 1, 2006 through December 31, 2035 at $159,950.19 annually. d. The amounts required to be deposited to funds and accounts pursuant to the terms of the Trust Indenture, including, but not limited to, its debt service Debt Service reserve funds allocable to the Airfield Terminal Apron cost center. MAC agrees to exclude from the calculation of landing Terminal Apron fees the amounts which it may deposit from time to time to the maintenance and operation reserve account and the Coverage Account established and maintained pursuant to the Trust Indenture except for such amounts which are necessary to be deposited to the Coverage Account in order for MAC to meet its rate covenant under the Trust Indenture. e. The Terminal Apron Repair and Replacement Amount. 2. The Terminal Apron Cost shall then be divided by the total estimated lineal feet of Terminal Apron, to determine the terminal apron Terminal Apron rate per lineal foot for a given Fiscal Year. For the purposes of this calculation, lineal feet of Terminal Apron shall be computed as the sum of the following: a. Lineal feet of the Terminal Apron (excluding the Terminal Apron associated with Concourses A & B); and b. Fifty percent (50%) of lineal feet of the Terminal Apron associated with Concourse A & B.B

TERMINAL APRON FEES. MAC shall calculate the terminal apron rate in the following manner:manner and as illustrated in Exhibit N. 1. The total estimated Terminal Apron Cost shall be calculated by totaling the following annual amounts: a. The total estimated direct and allocated indirect Operation and Maintenance Expenses allocable to the Terminal Apron cost center. b. The estimated direct and allocated indirect depreciation and imputed interest on the net Capital Cost (after grants and PFCs) allocable to the Terminal Apron cost center (excluding hydrant fueling repairs and modifications). c. The total estimated direct and allocated indirect cost (net of grants and PFCs) of Capital Outlays allocable to the Terminal Apron cost center. d. The amounts required to be deposited to funds and accounts pursuant to the terms of the Trust Indenture, including, but not limited to, its debt service reserve funds allocable to the Airfield cost center. MAC agrees to exclude from the calculation of landing fees the amounts which it may deposit from time to time to the maintenance and operation reserve account and the Coverage Account established and maintained pursuant to the Trust Indenture except for such amounts which are necessary to be deposited to the Coverage Account in order for MAC to meet its rate covenant under the Trust Indenture. 2. The Terminal Apron Cost shall then be divided by the total estimated lineal feet of Terminal Apron, to determine the terminal apron rate per lineal foot for a given Fiscal Year. For the purposes of this calculation, lineal feet of Terminal Apron shall be computed as the sum of the following: a. Lineal feet of the Terminal Apron (excluding the Terminal Apron associated with Concourses A & B); and b. Fifty percent (50%) of lineal feet of the Terminal Apron associated with Concourse A & B.

TERMINAL APRON FEES. MAC shall calculate the terminal apron Terminal Apron rate in the following manner:manner and as illustrated in Exhibit N (revised). 1. The total estimated Terminal Apron Cost shall be calculated by totaling the following annual amounts: a. The total estimated direct and allocated indirect Operation and Maintenance Expenses allocable to the Terminal Apron cost center. b. The estimated direct and allocated indirect depreciation and imputed interest on the Debt Service net Capital Cost (after of amounts paid from PFCs or grants and PFCs) allocable to the Terminal Apron cost center (excluding hydrant fueling repairs and modifications). c. The total estimated direct cost of Concourse A and allocated indirect cost (net B Apron Area deferred and not yet charged from the date of grants and PFCs) of Capital Outlays allocable to the Terminal Apron cost centeroccupancy through December 31, 2005 will be charged starting January 1, 2006 through December 31, 2035 at $159,950.19 annually. d. The amounts required to be deposited to funds and accounts pursuant to the terms of the Trust Indenture, including, but not limited to, its debt service Debt Service reserve funds allocable to the Airfield Terminal Apron cost center. MAC agrees to exclude from the calculation of landing Terminal Apron fees the amounts which it may deposit from time to time to the maintenance and operation reserve account and the Coverage Account established and maintained pursuant to the Trust Indenture except for such amounts which are necessary to be deposited to the Coverage Account in order for MAC to meet its rate covenant under the Trust Indenture. e. The Terminal Apron Repair and Replacement Amount. 2. The Terminal Apron Cost shall then be divided by the total estimated lineal feet of Terminal Apron, to determine the terminal apron Terminal Apron rate per lineal foot for a given Fiscal Year. For the purposes of this calculation, lineal feet of Terminal Apron shall be computed as the sum of the following: a. Lineal feet of the Terminal Apron (excluding the Terminal Apron associated with Concourses A & B); and b. Fifty percent (50%) of lineal feet of the Terminal Apron associated with Concourse A & B.