Examples of Landing Fees in a sentence
Notwithstanding the foregoing, in the event there occur two (2) defaults in the payment of Landing Fees, Terminal Rent or other rate or charge due under this Agreement in any twelve (12) month period, thereafter Airline shall not be entitled to, and Port shall have no obligation to give, notice of any further payment defaults.
The amount of the Security Deposit for Cargo Carriers shall be equivalent to (i) three (3) months of Airline’s estimated Landing Fees, plus (ii) three (3) months of estimated charges for Airline’s use of Common Use Hardstands.
The amount of the Security Deposit for Passenger Carriers shall be equivalent to: (i) three (3) months of estimated rental charges for Airline’s use of its Preferential Use Premises and Exclusive Premises, plus (ii) three (3) months estimated rental charges for Airline’s use of Common Use Premises and the FIS, plus (iii) three (3) months of Airline’s estimated Landing Fees.
The Contracting Carrier will remain liable to the Port for the payment of all Landing Fees and Terminal Rents due from the Affiliate, and any such past due payments (including PFCs) will be subtracted from any reimbursement due to the Contracting Carrier by the Port.
As long as the Contracting Carrier is making all payments of Landing Fees and Terminal Rents, and submitting the activity reports for the Affiliate, then that Affiliate activity will count toward the Contracting Carrier’s activity.