Common use of Facilities Leased Clause in Contracts

Facilities Leased. ▇▇▇▇▇▇ agrees that for the monthly rentals paid as herein provided, Lessee shall receive and be entitled to use in common with others at the Airport the Premises as set forth in Exhibit A. Such Premises shall consist of square feet of certain office and counter space in the Passenger Terminal Building; spaces in the rental ready and return parking lot; and QTA. The spaces in the rental ready and return parking lot will be reallocated once during the Term of this Agreement. The reallocation will occur during the first quarter of Year Three of the Agreement based on the prior calendar year’s market share. Subject to the terms and provisions of this Agreement, the Lessee accepts the Premises in its “AS IS” condition as existing as of the Effective Date, and agrees that the Lessor has made no representations or warranties regarding the condition of the Premises or its suitability for the Lessee’s proposed use.

Appears in 1 contract

Sources: Rental Car Lease & Concession Agreement

Facilities Leased. ▇▇▇▇▇▇ Lessor agrees that for the monthly rentals paid as herein provided, Lessee shall receive and be entitled to use in common with others at the Airport the Premises as set forth in Exhibit A. Such Premises shall consist of square feet of certain office and counter space in the Passenger Terminal Building; spaces in the rental ready and return parking lot; and QTA. The spaces in the rental ready and return parking lot will be reallocated once during the Term of this Agreement. The reallocation will occur during the first quarter of Year Three of the Agreement based on the prior calendar year’s market share. Subject to the terms and provisions of this Agreement, the Lessee accepts the Premises in its “AS IS” condition as existing as of the Effective Date, and agrees that the Lessor has made no representations or warranties regarding the condition of the Premises or its suitability for the Lessee’s proposed use.

Appears in 1 contract

Sources: Rental Car Lease & Concession Agreement