Positioning, Repositioning Clause Samples
The "Positioning, Repositioning" clause defines the rights and responsibilities related to the placement and potential movement of products, equipment, or displays within a specified location, such as a retail store or leased premises. Typically, this clause outlines who has authority to determine the initial position and under what circumstances repositioning may occur, such as for operational needs, compliance with regulations, or to accommodate other tenants. Its core practical function is to ensure flexibility and clarity for both parties, preventing disputes over space usage and allowing for adjustments as business needs or external requirements change.
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Positioning, Repositioning. Lessee shall be responsible for accepting the Aircraft from Lessor, and returning the Aircraft to Lessor at Teterboro Airport (“Home Base”), or other airport agreed between the Parties. Lessee may commence or return the Aircraft at locations other than Home Base. However, in such circumstances, the Rental Period shall include positioning flights from Home Base or repositioning flights back from Home Base and positioning/repositioning flights that are of equal or lesser distance than flights to/from Home Base. If position/repositioning would exceed the distance to from/to Home Base, the Rental Payment shall be reduced pro-rata for that excess distance. Two hour minimums shall not apply to positioning flights.
Positioning, Repositioning. Lessor has incorporated the estimated cost of positioning/repositioning flights into the Rental Payment, and any positioning/repositioning flights will not be part of the Rental Period and will be invoiced to Lessor’s account, even if Lessee commences or ends its Rental Period at a point other than at Teterboro Airport (“Home Base”).