DEED OF GROUND LEASE BY AND BETWEEN METROPOLITAN WASHINGTON AIRPORTS AUTHORITY, AS LESSOR AND IAD HANGARS LLCGround Lease • August 13th, 2024 • Sky Harbour Group Corp • Real estate • Virginia
THIS DEED OF GROUND LEASE (“Lease”) is made and entered into as of this _______ day of May, 2024 (“Effective Date”), by and between the Metropolitan Washington Airports Authority, a public body corporate and politic created by interstate compact between the Commonwealth of Virginia and the District of Columbia, with the consent of the U.S. Congress (“Airports Authority” or “Lessor”), and IAD Hangars LLC, a Delaware limited liability company authorized to transact business in the Commonwealth of Virginia (“Lessee”). The Airports Authority and Lessee may be referred to individually in this Lease as a “Party” or collectively as “Parties”.
