Examples of FBO Leases in a sentence
None of the Loan Parties shall engage, either directly or indirectly, in any business other than the business conducted by the Borrower and its Subsidiaries as of the Closing Date or any business substantially related or incidental thereto, or enter into any new FBO Leases other than for locations at municipal airports within the United States.
None of the Borrower or its Subsidiaries shall engage, either directly or indirectly, in any business other than the businesses conducted by the Borrower and its Subsidiaries as of the Closing Date, and any business substantially related or incidental thereto, or enter into any new FBO Leases or Management Contracts other than with respect to operations located on municipal airports within the United States and Canada.
Rather Avitat agreed to a wholly different set of rights, restrictions, responsibilities and rents in the 2005 Avitat Lease while the LGA FBO Leases had existed for years prior to 2005.
Page 7 Ontario Crafts CouncilNotes to the financial statements December 31, 2007 4.
Deposits submitted by unsuccessful Respondents will be returned within thirty (30) days after execution of all necessary signatures on all FBO Leases, or after all Proposals are rejected.
The LGA FBO Leases state that the County will discuss allowing jet fuel sales by an LGA FBO if “the percentage of Tenant based aircraft under 12,500 lbs.
The LGA FBO Leases, at ¶ 10 state that “Both parties acknowledge that this agreement is the result of a Request for Proposals dated December 8, 1997, and is intended to reflect such proposal, and Tenant’s response to such proposal, to the extent consistent therewith.” Thus, where the lease does not specifically provide, the RFP may be used to elucidate the understanding between the parties.
Also, the FAA notes that the County’s actions going forward may expose it to allegations of future unreasonable or discriminatory terms or conditions if it were to modify the LGA FBO Leases to narrow the differences between the services provided by the Larger GA FBOs, including fueling.
All Objections to the Plan, the Disclosure Statement and/or the Solicitation Procedures that have not been withdrawn, waived or settled, and all reservations of rights pertaining to approval of the Disclosure Statement and the Solicitation Procedures and confirmation of the Plan included therein, are overruled on the merits.DISCLOSURE STATEMENT AND SOLICITATION 1.
Pledge of shares of the Borrower and (B) as and to the extent permitted under the terms of the applicable FBO Leases (unless prohibited under the terms of the leases without airport authority consent), pledge of shares of each of the Subsidiaries of the Borrower.