FBO Lease definition

FBO Lease means any (a) lease agreement between the Aeronautics Board of Trustees and a Person leasing property at the Airport or (b) sub-lease agreement approved by the Aeronautics Board of Trustees between any tenant at the Airport and a Person sub-leasing property at the Airport, in either case, for the purpose of providing Aeronautical Services to the public at the Airport.
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FBO Lease means each lease or use agreement with or on behalf of the airport authority relating to each fixed base operation location of Executive and its Subsidiaries and of the California FBO Companies.
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FBO Lease has the meaning specified in Section 4.17(a)(ix).
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Examples of FBO Lease in a sentence

  • Review, consideration, and possible approval of the Assignment & Assumption of the Airport’s Full Service Fixed Based Operator (FBO) Lease Agreement, and the Helicopter Lease Area to Mountain West EKO, LLC, and matters related thereto.

  • This was in part because the ambiguity of the 1999 legislation allowed district governors (bupati) to surreptitiously claim more political power and autonomy than they were originally intended to receive.

  • Attachment 1 – Additional Airport Information 18Attachment 2 – Minimum Standards 18Attachment 3 – DRAFT FBO Lease 18Attachment 4 – Proposer’s Application Form 18I.

  • Ascend ( t := t–1) – return to the parent problem at level t–1 and re-solve (return to step 1).

  • There shall not be any default under any FBO Lease or Governmental Authorization that could reasonably be expected to have a Material Adverse Effect or permit any party to a FBO Lease to terminate such document or suspend its performance thereunder.

  • There shall not be any default under any related FBO Lease or Governmental Authorization that could reasonably be expected to have a Material Adverse Effect or permit any party to such FBO Lease to terminate such document or suspend its performance thereunder.

  • Nothing herein shall prohibit the Contractor, its employees, officer, contractors, agents or representatives, or any corporation, LLC or other legal entity owned or controlled by the Contractor or the Contractor's employees, officers, Contractors agents or representatives, from seeking and obtaining an FBO Lease or agreement with the Commission.

  • As promptly as possible after the Closing Date, the Borrower shall request in writing, and shall use all commercially reasonable efforts to obtain from each Airport Authority, a written consent with respect to the collateral assignment of the applicable Borrower Subsidiary's interest in the relevant FBO Lease, to the extent required under the terms of such FBO Lease.

  • Hilton Head Airport FBO Lease Renewal Discussion: Mr. John Lawson, Airport Director, stated to the Committee that there was a provision in the County Purchasing Ordinance which restricted Fixed Base Operations (FBO) to five-year renewal limits.

  • FBO Lease: Staff informed Commission they are waiting for a status update from Legal and the lease should be finalized soon.


More Definitions of FBO Lease

FBO Lease means each Contract that involves the lease or sublease by the Company or any Subsidiary of real property to conduct fixed base operations and ancillary activities.
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FBO Lease shall have the meaning given to such term in Section 2.1(a)(vii).
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Related to FBO Lease

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

  • 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:

  • 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).

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • 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.

  • Operating Lease of a Person means any lease of Property (other than a Capitalized Lease) by such Person as lessee which has an original term (including any required renewals and any renewals effective at the option of the lessor) of one year or more.

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

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

  • 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.

  • 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.

  • Cooperative Lease With respect to a Cooperative Loan, the proprietary lease or occupancy agreement with respect to the Cooperative Apartment occupied by the Mortgagor and relating to the related Cooperative Stock, which lease or agreement confers an exclusive right to the holder of such Cooperative Stock to occupy such apartment.

  • 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;

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • the Lease means the lease of the said land to be granted by the Lessor to the Lessee pursuant to clause 2.1;

  • Head Lease or “Superior Lease” means the document which sets out the promises the Landlord has made to the Superior Landlord. The promises contained in this Head Lease will bind the Tenant if he has prior knowledge of those promises.

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

  • Lease means a transfer of the right to possession and use of goods for a term in return for consideration, but a sale, including a sale on approval or a sale or return, or retention or creation of a security interest is not a lease. Unless the context clearly indicates otherwise, the term includes a sublease.

  • Master Lease means that certain [Master Lease title], relating to the leasing of, inter alia, the Healthcare Facility by Borrower to Master Tenant.

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • 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.

  • Existing Lease shall have the meaning assigned thereto in Section 10.7.

  • Superior Lease means the document which sets out the obligations your Landlord has made to their Superior Landlord. The promises contained in this Superior Lease will bind the Tenant if they have prior knowledge of those promises.

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

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • 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.

  • 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.