Common use of Implementation of Capital Development Program Clause in Contracts

Implementation of Capital Development Program. The Authority and the Airline agree that completion of the Capital Development Program shown in Exhibits N-I and D-I entails (i) the physical modification or removal of some Existing Airport Facilities and (ii) the modification in the function or use of other Existing Airport Facilities (whether or not these facilities are physically modified) and, in particular, the reduction in the number of Aircraft Parking Positions used for aircraft of other than Regional/Commuter Air Carriers in the Existing Airport Facilities at National Airport. Notwithstanding the preceding two sentences, after construction of the Capital Development Program at National Airport, the number of Aircraft Parking Positions for aircraft of Scheduled Air Carriers (other than Regional/Commuter Air Carriers) at National where passengers enplane and deplane through a loading bridge shall be forty-four (44), the same as in the Existing Airport Facilities at National.

Appears in 2 contracts

Sources: Airport Use Agreement, Lease Agreement

Implementation of Capital Development Program. The Authority and the Airline agree that completion of the Capital Development Program shown in Exhibits N-I and D-I entails (i) the physical modification or removal of some Existing Airport Facilities and (ii) the modification in the function or use of other Existing Airport Facilities (whether or not these facilities are physically modified) and, in particular, the reduction in the number of Aircraft Parking Positions used for aircraft of other than Regional/Commuter Air Carriers in the Existing Airport Facilities at National Airport. Notwithstanding the preceding two sentences, after construction of the Capital Development Program at National Airport, the number of Aircraft Parking Positions for aircraft of Scheduled Air Carriers (other than Regional/Commuter Air Air-Carriers) at National where passengers enplane and deplane through a loading bridge shall be forty-four (44), the same as in the Existing Airport Facilities at National.

Appears in 1 contract

Sources: Agreement (Atlantic Coast Airlines Holdings Inc)