Common use of Loading Bridges Clause in Contracts

Loading Bridges. ‌ Annual Equipment Rent for each aircraft loading bridge shall be the average of the capital costs, including Debt Service Coverage and Port incurred O&M Expenses for all such aircraft loading bridges. Rent for loading bridges is subject to adjustment as provided in Section 20.3.

Appears in 2 contracts

Sources: Passenger Airline Lease and Operating Agreement, Passenger Airline Lease and Operating Agreement