Common use of Security Fees Clause in Contracts

Security Fees. Each month during the term of this Agreement, Airline shall pay County as a "SECURITY FEE" a portion of the County's cost of complying with Federal Air Regulations ("FARs") 107 and 108 ("COUNTY'S FAR SECURITY COSTS") at the Jetport. Airline's Security Fees shall be calculated by applying each month to the County's FAR Security Cost the percentage that Airline's revenue passengers enplaned at the Jetport bore to the total of all revenue passengers enplaned at the Jetport during the month covered by the County's FAR Security Costs.

Appears in 2 contracts

Sources: Terminal Building Space Lease (Air South Airlines Inc), Terminal Building Space Lease (Air South Airlines Inc)