Common use of Airport Development or Noise Compatibility Projects Undertaken by a Private Sponsor Clause in Contracts

Airport Development or Noise Compatibility Projects Undertaken by a Private Sponsor. The preceding paragraph 1 also applies to a private sponsor except that the useful life of project items installed within a facility or the useful life of the facilities developed or equipment acquired under an airport development or noise compatibility program project shall be no less than ten (10) years from the date of acceptance of Federal aid for the project.

Appears in 22 contracts

Samples: Airport Ground Lease, Airport Ground Lease, Land Lease

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Airport Development or Noise Compatibility Projects Undertaken by a Private Sponsor. The preceding paragraph 1 (1) also applies to a private sponsor except that the useful life of project items installed within a facility or the useful life of the facilities developed or equipment acquired under an airport development or noise compatibility program project shall be no less than ten (10) years from the date of acceptance of Federal aid for the project.

Appears in 8 contracts

Samples: Grant Agreement, www.habershamga.com, mccmeetingspublic.blob.core.usgovcloudapi.net

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Airport Development or Noise Compatibility Projects Undertaken by a Private Sponsor. The preceding paragraph 1 (1) also applies to a private sponsor except that the useful life of project items installed within a facility facility, or the useful life of the facilities developed or equipment acquired under an airport development or noise compatibility program project shall be no less than ten (10) years from the date of acceptance of Federal aid for the project.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

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