TERMINAL RENT Sample Clauses
TERMINAL RENT. Terminal Rent for Exclusive Space, Preferential Space, Shared Space, the Baggage Claim Area, the International Arrival Facility, Month-to-Month Space, Common Use Ticket Offices, Self Service Kiosks and Non-Preferential Ground Load Holdrooms shall be effective July 1 of each Fiscal Year and shall be calculated according to the methodology described in this Section.
TERMINAL RENT. Payments of one-twelfth (1/12) of the total annual Terminal Rent for Airline's Preferential Use Premises and Exclusive Use Premises shall be due in advance, without demand or invoice, on the first day of each month. Said Terminal Rent shall be deemed delinquent if payment is not received by the tenth (10) day of the month. With the written approval of the Director, in the Director’s sole discretion, Airline may submit payments of Terminal Rent in accordance with a written payment plan to be prepared by Airline.