Common use of Addition of Equipment Clause in Contracts

Addition of Equipment. 6.06.1 Subject to Paragraph 6.06.3, the Authority reserves the right to acquire and install Equipment in, upon, and adjacent to, the Airline's Premises but only in one or more of the following events: (i) The acquisition and installation of the Equipment is identified as part of the Capital Development Program; (ii) The acquisition and installation of Equipment is identified as part of any Additional Project; (iii) In any Premises, whenever there is a change in tenants; or (iv) Such acquisition and installation are agreed to between the Airline and the Authority. 6.06.2 The Airline agrees to facilitate the installation of the Equipment including, upon reasonable notice from the Authority, the decommissioning and removal, at the Airline's expense, of the Airline's equipment, if any, that is to be replaced by Equipment pursuant to Paragraph 6.06.1. 6.06.3 Prior to the acquisition and installation of Equipment pursuant to Paragraph 6.06.1, the Authority shall consult with the Airlines with respect to the technical standards and requirements applicable to such Equipment. So long as such Equipments meets such standards and requirements, the Airline may select the vendor or supplier to Equipment for the Airline' Premises. At the request of the Airline, and provided that it would not adversely effect the tax-exempt status of the Bonds, the Authority may allow the Airline to initially purchase the Equipment and be subsequently reimburse by the Authority.

Appears in 2 contracts

Sources: Airport Use Agreement, Lease Agreement