Airport Lease definition

Airport Lease means the leasehold interest conveyed by Virginia Polytechnic Institute and State
Airport Lease means the leasehold interest conveyed by Virginia Polytechnic Institute and State University to the Authority for the Airport Real Property.
Airport Lease means any lease or sublease pursuant to which an Airport Authority is the lessor. “Alternative Financing” shall have the meaning given to it in Section 6.18(a).

Examples of Airport Lease in a sentence

  • The existing terrain is made up of undulating topography, and substantial earthworks are required to create a level surface to allow construction.The Airport Site is owned by the Commonwealth and is leased to WSA for the purpose of developing and operating Western Sydney International under an airport lease (Airport Lease).

  • The application process (Attachment 3) requires the prospective Operator to complete a City Business License, Commercial Aeronautical Activity Permit (Attachment 4) and have an approved Airport Lease (or sub-lease) that provides information regarding the applicant and the scope of the proposed operation.The lease requirement does not apply to Independent Certificated Flight Instructors (CFIs).

  • The key environmental management roles and responsibilities for the construction phase of the work are detailed in Section 4.4 of the SEMF.WSA will ensure enough resources are allocated on an ongoing basis to ensure effective implementation by both WSA and the responsible contractors.The Airport Environment Officer (AEO) will be responsible for day-to-day regulatory oversight of the AEPR compliance at WSI after an Airport Lease is granted.

  • Airport Lease means the lease of the Airport from the Commonwealth of Australia to EAPL.

  • ORDINANCE 21-02: (Set to Public Hearing on 04/20/2021) That the Town Council hereby ordains that a lot of land at the Pittsfield Municipal Airport be leased to Curtis Air, Inc., being a 120’ X 150’ parcel designated on Exhibit A, the official Pittsfield Municipal Airport Lease Map as Lot “M” and further that the Town Manager be authorized to execute an Airport Land Lease and Rights Agreement with Curtis Air, Inc.

  • Each air carrier who has not executed an Airport Lease Agreement and is parking on the cargo apron shall pay 125% ofthe rate charged to Signatory Airlines equal to the current dollar amount per landing.

  • Departments: Public Works25 minutes (10 minutes presentation, 15 minutes discussion)(Garrett Higerd) - Update on status of FAA Entitlement Funds and the Lee Vining Airport Lease.

  • The Agency shall obtain a fair market rate of return on any Agency-owned Real Property that is subject to an Airport Lease, and shall negotiate terms and conditions that will continue to sustain a fair rate of return by means of rent review, Consumer Price Index adjustments, appraisals, or the application of percentage rents to grow income.

  • At least one third (1/3) of the funds raised and any interest earned, shall go to the Jack and Jill Foundation.

  • Sayers motioned to pay:Pelorus $400.00San Juan Record $22.80 BLM Airport Lease $758.60,Leppanen seconded and Leppanen, Hook, Sayers, and Sosa voted in favor.


More Definitions of Airport Lease

Airport Lease means that certain Lease, Assignment and Operating Agreement dated as of September 16, 1986, between the City of Birmingham and the Authority, as said agreement now exists and as it may be supplemented, modified or amended from time to time in accordance with the provisions thereof.
Airport Lease means any lease or sublease pursuant to which an Airport Authority is the lessor.
Airport Lease means that certain lease covering an approximately 44 acre parcel of land located on the Xxxxxxxxx Xxxxxx xx Xxxxxxxxx Xxxx. xxx Xxxxxxxx Xxxx of which Xxxxx County, Nevada is the Landlord (the "Property"), as evidenced by that certain First Amendment in Total dated November 21, 2000, as amended by that certain First Amendment to the First Amendment in Total dated August 20, 2002.
Airport Lease means and includes the lease agreement entered into between the City and the Airport Commission effective January 1, 2019, which sets out their respective rights and obligations regarding the use and occupation of the Airport.
Airport Lease means registered lease 6499434.3 in computer interest register 231242 between the Rotorua District Council and Rotorua Regional Airport Limited;

Related to Airport Lease

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Airport lounge means a business location:

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Site Lease or “Lease” means the Site Lease of even date herewith, by and between the District and the Lessor together with any duly authorized and executed amendment thereto under which the District leases the Site to the Lessor.

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Airport hazard means any structure, object of natural growth, or use of land which obstructs the airspace required for the flight of aircraft in landing or taking off at an airport, or is otherwise hazardous to such landing or taking off of aircraft.

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • Mining Lease means the mining lease granted pursuant to Clause 12 and includes any renewal thereof and according to the requirements of the context shall describe the area of land demised as well as the instrument by which it is demised;

  • Airport means public-use airport open to the public without prior permission and without restrictions within the physical capacities of available facilities.

  • New Lease Any lease of REO Property entered into on behalf of REMIC I, including any lease renewed or extended on behalf of REMIC I, if REMIC I has the right to renegotiate the terms of such lease.

  • airport operator A natural or legal person authorized to manage or operate an airport. “Airport Tax” It is the amount charged to a Passenger for the use of the airport facilities that can be collected by THE CARRIER with prior authorization, either on the ticket or at each airport, and must be paid by the Passenger. “Airway Ticket or Ticket” (GENERAL DEFINITION). It is the document issued by THE CARRIER or its Authorized Agent as written proof of the transportation agreement. The term that will be used in this Agreement is ticket.

  • special lease means a special lease or license to be granted in terms of this Agreement under the Ratifying Act the Land Act or the Xxxxxxx Xxx 0000 and includes any renewal thereof; “this Agreement” “hereof” and “hereunder” include this Agreement as from time to time added to varied or amended;

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • Sublease Agreement means that certain Sublease Agreement, dated as of May 1, 2021 by and between the Company and the Agency.

  • Approved Lease has the meaning set forth in Section 6.11(a).

  • Company Lease means any lease, sublease, sub-sublease, license and other agreement under which the Company or any of its Subsidiaries leases, subleases, licenses, uses or occupies (in each case whether as landlord, tenant, sublandlord, subtenant or by other occupancy arrangement), or has the right to use or occupy, now or in the future, any real property.

  • Ground Lessor means, as to any Site, the “lessor,” “sublessor,” “landlord,” “licensor,” “sublicensor” or similar Person under the related Ground Lease.

  • Facility Lease means a lease or master lease with respect to any Real Property Asset owned or ground leased by any of the Consolidated Parties as lessor, to a third party Tenant, which, in the reasonable judgment of the Administrative Agent, is a triple net lease such that such Tenant is required to pay all taxes, utilities, insurance, maintenance, casualty insurance payments and other expenses with respect to the subject Real Property Asset (whether in the form of reimbursements or additional rent) in addition to the base rental payments required thereunder such that net operating income to the applicable Consolidated Party for such Real Property Asset (before non-cash items) equals the base rent paid thereunder; provided, that each such lease or master lease shall be in form and substance reasonably satisfactory to the Administrative Agent.

  • Real Property Lease has the meaning set forth in Section 3.9(b).