Lease Management Contract definition
Lease Management Contract means a contractual arrangement whereby the Contracting Authority leases the project, or a component thereof, to a person, entity or consortium who shall be permitted to operate and maintain the project, or a component thereof, for the period specified in the Lease Management Contract and to charge user charges therefor.
Examples of Lease Management Contract in a sentence
The Borrower shall cause each of its Subsidiaries operating an FBO Lease, Management Contract or the Heliport Contract to exercise all available extension and renewal rights under each such contract except with the prior written consent of the Required Lenders.