Preferential Use Premises Sample Clauses
The Preferential Use Premises clause grants a specific party, often a tenant, the exclusive or prioritized right to use certain areas or facilities within a property. In practice, this clause may designate particular spaces—such as parking spots, storage rooms, or amenities—that the party can access ahead of others, sometimes restricting use by other tenants or the landlord. Its core function is to ensure the designated party receives priority access to key premises, thereby preventing conflicts and clarifying usage rights within shared or multi-tenant properties.
Preferential Use Premises. The Authority hereby leases to the Airline, for the Term, as it may be extended or sooner terminated, Preferential Use Premises of approximately total square feet, consisting of the following:
A. Airline Ticketing Counter space of approximately square feet, more particularly depicted on Exhibit A-5, Airline Ticketing Counters, dated , attached hereto and by this reference made a part hereof;
B. Airside Gate and Hold Room space of approximately square feet, more particularly depicted on Exhibit ▇-▇, ▇▇▇▇▇▇▇ Gate and Hold Room Space, dated SAMPLE
Preferential Use Premises. The Port grants to Airline, subject to Articles 4 and 5 of this Agreement, the right to use, on a preferential use basis, the Preferential Use Premises identified in the Premises Notice.
Preferential Use Premises. The Authority hereby leases to Company, for the Term, as it may be extended or sooner terminated, Preferential Use Premises of approximately total square feet, consisting of the following: Company Ticketing Counter space of approximately square feet, more particularly depicted on Exhibit A-8, Company Ticketing Counters, dated , attached hereto and by this reference made a part hereof. SAMPLE
Preferential Use Premises. The Authority hereby leases to the Airline, for the Term, as it may be extended or sooner terminated, Preferential Use Premises of approximately 6,889 total square feet, consisting of the following:
A. Airline Ticketing Counter space of approximately 889 square feet, more particularly depicted on Exhibit A-3, Airline Ticketing Counters, dated October 2020, attached hereto and by this reference made a part hereof; and
B. Airside E Gate and Hold Room space of approximately 6,000 square feet, more particularly depicted on Exhibit ▇-▇, ▇▇▇▇▇▇▇ Gate and Hold Room Space, dated October 2020, attached hereto and by this reference made a part hereof.
Preferential Use Premises. The Authority hereby leases to the Airline, for the Term, as it may be extended or sooner terminated, Preferential Use Premises of approximately 0 total square feet, consisting of the following:
Preferential Use Premises. The Authority hereby leases to Company, for the Term, as it may be extended or sooner terminated, Preferential Use Premises of approximately 0 total square feet.
Preferential Use Premises. The annual charge to Airline for use of its Aircraft Parking Apron is set out in Exhibit E and may be renegotiated by County and MII every three (3) years following Substantial Completion of Project.
Preferential Use Premises. (a) At such time as such space is available for beneficial occupancy, Lessor grants to Lessee, its employees, agents, guests, patrons and invitees, the preferential use of space, improvements and facilities in the South Terminal consisting of the Preferential South Terminal Space identified on Exhibit C attached hereto (hereinafter referred to as "Lessee's Preferential South Terminal Space"). Lessee shall have the right to permit its code share partners and commuter carriers to have access to Lessee's Preferential South Terminal Space.
(b) Lessee's Preferential South Terminal Space shall be available to Lessee in accordance with the following preferential use provisions:
(i) Lessee shall have priority in using such space, subject to the provisions of subsection (iii) below. In addition, Lessor hereby grants to Lessee, and Lessee hereby accepts from Lessor, for so long as Lessee leases such space, the preferential right to use the aircraft parking positions adjacent to such space, as shown on Exhibit C, for the parking of aircraft and support vehicles and the loading and unloading of passengers and cargo.
(ii) Lessor intends to maintain a policy of providing open access to the Airport and achieving a balanced utilization of Airport facilities. To achieve that goal, Lessor reserves the right to require shared use of Preferential Use Premises as described in subsection (iii) below.
(A) If an airline, including any airline seeking to expand its service or an airline seeking entry into the Airport, is in need of space or facilities at the Airport after the Date of Beneficial Occupancy of the South Terminal, which need cannot be met by use of then unleased premises, if any, in the South Terminal or the North Terminal, Lessor shall direct such airline to request the use of leased space or facilities of all Signatory Airlines on a voluntary basis. Lessee and the other Signatory Airlines shall make reasonable efforts to accommodate such requests in a timely manner from any Preferential Use Premises leased to them.
(B) In the event (I) Lessor receives a written request from an airline requesting space or facilities of a type granted to Signatory Airlines on a preferential use basis, (II) the requesting airline demonstrates to Lessor that it has contacted all Signatory Airlines and has exhausted all reasonable efforts to find reasonable accommodation for its proposed operations and the space or facilities it needs, and (III) Lessor determines that (x) such requesting...
Preferential Use Premises. The Authority hereby leases to the Airline, for the Term, as it may be extended or sooner terminated, Preferential Use Premises of approximately 275 total square feet, consisting of the following: Airline Ticketing Counter space of approximately 275 square feet, more particularly depicted on Exhibit A-2, Airline Ticketing Counters, dated February 2021, attached hereto and by this reference made a part hereof.
Preferential Use Premises. (a) Lessee shall pay the following Terminal Rentals for the use of Lessee's Preferential South Terminal Space:
(i) commencing on the date of beneficial occupancy by Lessee of the South Terminal, as evidenced by written notice thereof from Lessor to Lessee, for each Fiscal Year (or portion thereof on a pro rated basis), through Fiscal Year 2008, Lessee shall pay an amount equal to the product of the total number of square feet of Lessee's Preferential South Terminal Space multiplied by the following Terminal Rental Rates per square foot for the following Fiscal Years: 2002 $ 17.92 2006 $ 19.71 2003 18.22 2007 19.71 2004 19.71 2008 20.04 2005 19.71 (ii) commencing with Fiscal Year 2009, for each Fiscal Year (or portion thereof on a pro rated basis), Lessee shall pay an amount equal to the product of (A) the total number of square feet of Lessee's Preferential South Terminal Space multiplied by (B) the Terminal Rental Rate for such Fiscal Year, as established pursuant to paragraph (b) below.
(b) Commencing with Fiscal Year 2009, the Terminal Rental Rate for each Fiscal Year shall be established as follows:
(i) For Fiscal Year 2009, the Terminal Rental Rate shall be the greater of (A) and (B) below, rounded up to the nearest $5:
(A) The County's projection at the beginning of Fiscal Year 2009 of the Cost of the South Terminal Airline Premises for that Fiscal Year calculated pursuant to subparagraph (iv) below, divided by the sum of the total number of square feet of Preferential South Terminal Space leased to all Signatory Airlines and the total number of square feet of Shared Use South Terminal Space; and
(B) The County's projection at the beginning of Fiscal Year 2009 of the Cost of the North Terminal Airline Premises for that Fiscal Year calculated pursuant to subparagraph (v) below, divided by the sum of the total number of square feet of Preferential North Terminal Space leased to all Signatory Airlines and the total number of square feet of Shared Use North Terminal Space.
(ii) For Fiscal Year 2010, the Terminal Rental Rate shall be the greater of (A) and (B) below, rounded up to the nearest $5:
(A) The Cost of the South Terminal Airline Premises for Fiscal Year 2009 calculated pursuant to subparagraph (iv) below, divided by the sum of the total number of square feet of Preferential South Terminal Space leased to all Signatory Airlines and the total number of square feet of Shared Use South Terminal Space; and
(B) The Cost of the North Terminal Airline P...