Common use of Hangar Construction Clause in Contracts

Hangar Construction. If the airport owner or operator and a person who owns an aircraft agree that a hangar is to be constructed at the airport for the aircraft at the aircraft owner’s expense, the airport owner or operator will grant to the aircraft owner for the hangar a long term lease that is subject to such terms and conditions on the hangar as the airport owner or operator may impose.

Appears in 31 contracts

Samples: Airport Ground Lease, Airport Ground Lease, Grant Agreement

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