FBO Facilities definition
Examples of FBO Facilities in a sentence
In the event of loss of or material damage to the FBO Facilities, Lessee shall repair or replace the FBO Facilities within twenty-one (21) days following written notice to Lessee or, provided that Lessee has in good faith commenced such repair or replacement within such 21-day period, in a reasonable time thereafter.
Lessee has the capacity to make such improvements to the FBO Facilities at the Airport and to provide aeronautical services to the Airport users which will benefit the aeronautic public.
Neither this Lease nor any interest herein shall be assigned, either voluntarily or involuntarily, by ▇▇▇▇▇▇, or by operation of law or otherwise, nor shall the Premises or the FBO Facilities, or any part thereof, be sublet by Lessee without the prior written consent of County.
The Lessor is the owner of that real property known as the Siskiyou County Airport situated in Siskiyou County, California; the Lessor hereby Leases to Lessee and Lessee hereby hires and Leases from Lessor, on the terms and conditions hereinafter set forth, those certain FBO Facilities at the Siskiyou County Airport more particularly described in Exhibit "A" attached hereto.
The FBO Facilities Report shall be submitted via email and/or via other technological platforms not yet implemented by the County on or before the fifteenth (15th) day after the end of the prior quarter.
On or before the dates listed below, Lessee shall improve/repair, at its sole cost and expense, the “as-is” FBO Facilities.
Lessee shall not encumber any improvement, land, or property on the Premises owned by the Lessor in order to obtain financing or refinancing for the construction, improvement, repair of the FBO Facilities.
Lessee bears all risk of loss or damage to the FBO Facilities and any property stored within the FBO Facilities, whether caused by fire, water, earthquake, theft, terrorism, or any other risk.
It is mutually understood that the FBO Facilities are owned by the County.
Lessee shall submit an FBO Facilities Report every quarter to the County for the duration of this Lease.