ACCESS AND RELOCATION. MAC shall have the right at any time or times to (a) close, relocate, reconstruct, change, alter, or modify any means of access to or egress from the Airport or AIRLINE’s Premises, and (b) relocate AIRLINE’s Premises in connection with the OI Program or other MAC Commission-approved Capital Improvement Program, either temporarily or permanently; provided that MAC provides reasonable notice to AIRLINE and that a reasonably convenient and adequate means of access, ingress, and egress or replacement portion of Premises, as applicable, shall exist or be provided in lieu thereof. This right is subject to the following conditions: 1. There shall not be a net increase in AIRLINE’s Premises without AIRLINE’s consent. 2. MAC must consult with AIRLINE to take any Premises away from AIRLINE. 3. Reasonable replacement facility space shall be provided. 4. Cost of work including Capital Costs associated with reestablishing AIRLINE’s “in-kind” facilities, shall be borne by MAC and allocated to the appropriate cost center. 5. MAC shall compensate AIRLINE for the unamortized cost of any leasehold improvements to the extent that such improvements cannot be reused by AIRLINE in AIRLINE’s new or existing space at the Airport. 6. If loss of space is 60 days or less there shall be no rent adjustment. If loss of space is temporary but greater than 60 days, AIRLINE’s rent will be proportionately abated and the amount of the rent abatement shall be allocated to the appropriate cost center. If the loss of space is permanent, the Premises and corresponding rent shall be adjusted by a written lease amendment executed by the parties.
Appears in 2 contracts
Sources: Airline Operating Agreement and Terminal Building Lease (Sun Country Airlines Holdings, Inc.), Airline Operating Agreement and Terminal Building Lease (Sun Country Airlines Holdings, Inc.)