Airport Space Lease Agreement
AVIATION AIRPORT,referred to as OWNER, and [NAME], referred to as TENANT, agree:
LANDLORD rents to TENANT for a period of TWELVE months, the following described space and the rights appurtenant thereto:
TENANT is granted use of the airport in common with others similarly authorized, and all faculties, equipment, improvements, and services which have been or will be provided at or in connection with the airport from time to time including , but not imited to, the landing field and any extensions thereto, roadways, runways, aprons, taxiways, sewage and water facilities, foodlights landing lights, beacons, control tower, signal radio aids, and all other conveniences for flying, landings, and takeoffs.
HANGARS AND GROUND SPACE
LANDLORD rents to TENANT for its exclusive use TENANT exclusive use of the following described hangar:
HANGAR 12
SPACE IN TERMINAL BUILDING
LANDLORD rents to TENANT for its exclusive use of THREE HUNDRED square feet located AREA 12B in the airport. LANDLORD also grants all its employees, customers, passengers, guests, and other invitees, in common with others, the use of all public space.
GATES AND DEPARTURE AREAS
LANDLORD rents to TENANT the following gates and departure area space:
SIDE "A" GATES 1 AND 2
TENANT shall be solely responsible to construct any facilities such as ticket counters and gates. TENANT shall all times keep in force public liability insurance, with LANDLORD listed as a loss payee with minimum limits of $1,000,000 for such space.
Parking Space
LANDLORD grants TENANT adequate and clearly marked parking spaces located near the terminal building for the use all its employees, customers, passengers, guests, and other invitees. LANDLORD or its concessionaire may charge the TENANT's customers a reasonable rate for parking.
RIGHT OF INGRESS AND EGRESS
TENANT shall have at all times the full right of ingress to and egress from the premises and facilities referred to in this agreement for TENANT, all its employees, customers, passengers, guests, and other invitees. Such right shall extend to persons or organizations supplying services or material to the TENANT.
RENTALS AND CHARGES
TENANT agrees to pay to the LANDLORD the following rent:
$------ (dollars) per month for the exclusive use of the hangar; $------ (dollars) as rent for the portion of terminal used exclusively by TENANT and $------ (dollars) for gate space. The rental herein shall be due in advance. The parties acknowledge that the rental to be paid is premised on the payment for all spaces, and that the entire rental agreement shall be in default for failure to pay any part of the rent.
MAINTENANCE AND UTILITIES
LANDLORD shall maintain and keep in good repair so much of the airport premises as is not under exclusive control of the TENANT. LANDLORD shall also maintain and operate all utilities connected with the operation of the airport, and TENANT shall pay for those utilities used in facilities under its exclusive control.
LANDLORD shall be permitted to charge a common area maintenance fee for the upkeep of the airport not to exceed $------ per square foot for areas maintained by the landlord, ratably divided to the tenant in the same percentage as TENANT's occupancy relates to the entire structure. In addition, LANDLORD shall be entitled to charge the actual cost of gate security as required by the Federal Aviation Administration, which shall be allocated as is provided in this paragraph.
ASSIGNMENT
TENANT shall not sublet or assign any of this lease to any other party without the prior written consent of the LANDLORD.
RULES AND REGULATIONS
LANDLORD may from time to time establish regulations for the use of the premises of general application to all tenants. TENANT agrees to follow such regulations.
Dated: ________________
_________________________
AVIATION AIRPORT
________________________
TENANT
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