Common use of Calculation of Rates Clause in Contracts

Calculation of Rates. The Terminal Rental rates at each Airport in each Rate Period shall be calculated separately for each Terminal Sub-Center. The rates for each type of space shall be determined in the following manner: 8.03.1.1 For each Terminal Sub-Center at each Airport, the Terminal Sub-Center average rental rates shall be calculated as follows: (a) Each Terminal Sub-Center Net Requirement shall first be divided by total rentable area in that Sub-Center to determine that Terminal Sub-Center's average rental rate for the Rate Period. (b) The unadjusted Signatory Airline requirement shall next be determined by multiplying the total amount of Signatory Airline Premises, Dulles Permit Space and Common Use Premises in each Terminal Sub-Center times the appropriate Terminal Sub-Center average rental rate. (c) The adjusted Signatory Airline requirement is determined by subtracting Transfers, if any, applicable to each Terminal Sub-Center to determine the adjusted amount due from the Signatory Airlines. (d) The adjusted amount calculated in (c) shall then be divided by the total amount of Signatory Airline Terminal Sub-Center Premises, Dulles Permit Space and Common Use Premises to determine the Terminal Sub-Center average Signatory Airline rental rate. 8.03.1.2 To determine the differential Terminal Sub-Center rental rates, each Terminal Sub-Center Premises and Common Use Premises shall first be classified according to the types of space set forth below: Type of Space Location/Function Weighted Value 1 Ticket Counter 1.00 2 Ticket Offices; Administrative and Upper Level Offices; V.I.P. Rooms; Holdrooms .90 3 Bag Claim; Baggage Services Offices .85 4 Bag Make-Up; Operations Areas .55 5 Tug Drives; Exterior Baggage Space .25 Type of Weighted 6 Unenclosed Covered Areas (a) (b) 7 Unenclosed Improved Uncovered Areas (a) (b) (a) Rentals for Type 6 and Type 7 space shall be based on initial fixed rates of $5.20 and $1.30 respectively, per square foot, with said rates to be adjusted each Fiscal Year, commencing January 1, 2016, in accordance with changes in the U.S. Implicit Price Deflator Index. The base date for such adjustment shall be the index available on January 1, 2015.

Calculation of Rates. The Terminal Rental rates at each Airport in each Rate Period shall be calculated separately for each Terminal Sub-Center. The rates for each type of space shall be determined in the following manner: 8.03.1.1 For each Terminal Sub-Center at each Airport, the Terminal Sub-Center average rental rates shall be calculated as follows: (a) Each Terminal Sub-Center Net Requirement shall first be divided by total rentable area in that Sub-Center to determine that Terminal Sub-Center's average rental rate for the Rate Period. (b) The unadjusted Signatory Airline requirement shall next be determined by multiplying the total amount of Signatory Airline Premises, Dulles Permit Space and Common Use Premises in each Terminal Sub-Center times the appropriate Terminal Sub-Center average rental rate. (c) The adjusted Signatory Airline requirement is determined by subtracting Transfers, if any, applicable to each Terminal Sub-Center to determine the adjusted amount due from the Signatory Airlines. (d) The adjusted amount calculated in (c) shall then be divided by the total amount of Signatory Airline Terminal Sub-Center Premises, Dulles Permit Space and Common Use Premises to determine the Terminal Sub-Center average Signatory Airline rental rate. 8.03.1.2 To determine the differential Terminal Sub-Center rental rates, each Terminal Sub-Center Premises and Common Use Premises shall first be classified according to the types of space set forth below: Type of Space Location/Function Weighted Value 1 Ticket Counter 1.00 2 Ticket Offices; Administrative and Upper Level Offices; V.I.P. Rooms; Holdrooms .90 3 Bag Claim; Baggage Services Offices .85 4 Bag Make-Up; Operations Areas .55 5 Tug Drives; Exterior Baggage Space .25 Type of Space Location/Function Weighted Value 6 Unenclosed Covered Areas (a) (b) 7 Unenclosed Improved Uncovered Areas (a) (b) (a) Rentals for Type 6 and Type 7 space shall be based on initial fixed rates of $5.20 6.41 and $1.30 1.60 respectively, per square foot, with said rates to be adjusted each Fiscal Year, commencing January 1, 2016, in accordance with changes in the U.S. Implicit Price Deflator Index. The base date for such adjustment shall be the index available on January 1, 2015.

Calculation of Rates. The Terminal Rental rates at each Airport in each Rate Period shall be calculated separately for each Terminal Sub-Center. The rates for each type of space shall be determined in the following manner: 8.03.1.1 For (i) First, for each Terminal Sub-Center at each Airport, the Terminal Sub-Center average rental rates shall be calculated as follows: (a) Each Terminal Sub-Center Net Requirement shall first be divided by total rentable area in that Sub-Center to determine that Terminal Sub-Center's average rental rate for the Rate Period; provided, however, the transition adjustments related to the Capital Development Program as set forth in Paragraph 8.03.2 shall be made prior to determining each Terminal Sub-Center's average rental rates. (b) The unadjusted Signatory Airline requirement shall next be determined by multiplying the total amount of Signatory Airline Premises, Dulles Permit Space Premises and Common Use Premises in each Terminal Sub-Center Center, as set forth on Schedules NF-11 and DF- 13, times the appropriate Terminal Sub-Center average rental rate. (c) The adjusted unadjusted Signatory Airline requirement is determined shall then be reduced by subtracting the amount of Transfers, if any, and by the amount, if any, of certain Revenues derived from Surviving Agreements, applicable to each Terminal Sub-Center at each Airport to determine the adjusted amount due from the Signatory Airlines. (d) The adjusted amount calculated in (c) shall then be divided by the total amount of Signatory Airline Terminal Sub-Center Premises, Dulles Permit Space Premises and Common Use Premises to determine the Terminal Sub-Center average Signatory Airline rental rate. 8.03.1.2 (ii) To determine the differential Terminal Sub-Sub- Center rental rates, each Terminal Sub-Center Premises and Common Use Premises shall first be classified according to the types of space set forth below: Type of Space Location/Function Weighted Value 1 Ticket Counter 1.00 2 Ticket Offices; Administrative and Upper Level Offices; V.I.P. Rooms; Holdrooms .90 3 Bag Claim; Baggage Services Offices .85 4 Bag Make-Up; Operations Areas .55 5 Tug Drives; Exterior Baggage Space .25 Type of Weighted 6 Unenclosed Covered Areas (a) (b) 7 Unenclosed Improved Improve Uncovered Areas (a) (b) (a) Rentals for Type 6 and Type 7 space shall be based on initial fixed rates of $5.20 and $1.30 respectively, per square foot, with said rates to be adjusted each Fiscal Year, commencing January 1, 2016, in accordance with changes in the U.S. Implicit Price Deflator Index. The base date for such adjustment shall be the index available on January October 1, 20151989.

Calculation of Rates. The Terminal Rental rates at each Airport in each Rate Period shall be calculated separately for each Terminal Sub-Center. The rates for each type of space shall be determined in the following manner: 8.03.1.1 For (i) First, for each Terminal Sub-Center at each Airport, the Terminal Sub-Center average rental rates shall be calculated as follows: (a) Each Terminal Sub-Center Net Requirement shall first be divided by total rentable area in that Sub-Center to determine that Terminal Sub-Center's average rental rate for the Rate Period; provided, however, the transition adjustments related to the Capital Development Program as set forth in Paragraph 8.03.2 shall be made prior to determining each Terminal Sub-Center's average rental rates. (b) The unadjusted Signatory Airline requirement shall next be determined by multiplying the total amount of Signatory Airline Premises, Dulles Permit Space Premises and Common Use Premises in each Terminal Sub-Center Center, as set forth on Schedules NF-11 and DF-13, times the appropriate Terminal Sub-Center average rental rate. (c) The adjusted unadjusted Signatory Airline requirement is determined shall then be reduced by subtracting the amount of Transfers, if any, and by the amount, if any, of certain Revenues derived from Surviving Agreements, applicable to each Terminal Sub-Sub- Center at each Airport to determine the adjusted amount due from the Signatory Airlines. (d) The adjusted amount calculated in (c) shall then be divided by the total amount of Signatory Airline Terminal Sub-Center Premises, Dulles Permit Space Premises and Common Use Premises to determine the Terminal Sub-Center average Signatory Airline rental rate. 8.03.1.2 (ii) To determine the differential Terminal Sub-Sub- Center rental rates, each Terminal Sub-Center Premises and Common Use Premises shall first be classified according to the types of space set forth below: Type of Space Location/Function Weighted Value 1 Ticket Counter 1.00 2 Ticket Offices; Administrative and Upper Level Offices; V.I.P. Rooms; Holdrooms .90 3 Bag Claim; Baggage Services Offices .85 4 Bag Make-Up; Operations Areas .55 5 Tug Drives; Exterior Baggage Space .25 Type of Weighted 6 Unenclosed Covered Areas (a) (b) 7 Unenclosed Improved Improve Uncovered Areas (a) (b) ) (a) Rentals for Type 6 and Type 7 space shall be based on initial fixed rates of $5.20 4.00 and $1.30 1.00 respectively, per square foot, with said rates to be adjusted each Fiscal Year, commencing January October 1, 20161990, in accordance with changes in the U.S. Implicit Price Deflator Index. The base date for such adjustment shall be the index available on January October 1, 20151989. (b) If the Airline encloses, or otherwise modifies any such areas, as approved by Authority, or if the Authority encloses or otherwise modifies any such area(s), the area(s) shall be reclassified into the appropriate space type. The rate for the reclassified space shall be the then current rate for the reclassified space. If Airline modifies any such area and rental rate for the reclassified space is higher than it was prior to reclassification, then, at the time the Airline requests approval to modify the space, the Airline and the Authority shall negotiate an appropriate rental credit(s) to reimburse the Airline for any costs incurred by the Airline in modifying such area(s), provided, however, such agreed upon rental credits shall in no event result in a rate less than the then current rate for the space prior to its modification. (iii) Next, using the appropriate space totals shown in Schedules NF-11 and DF-13, the Signatory Airline Terminal Sub-Center average rental rate for each Terminal Sub- Center for the Rate Period shall then be converted to differential Terminal Sub-Center rental rates as follows: (a) For each Terminal Sub-Center, the amount of Type 1 through Type 5 space shall be multiplied by the relative weighted values set forth in Paragraph 8.03.1(ii) above, to obtain a weighted equivalent amount of space. (b) The adjusted Signatory Airline requirement calculated in Paragraph 8.03.1(i)(c), above, shall be reduced by the amount of Type 6 and Type 7 space rentals due for that Rate Period, to determine the differential Signatory Airline requirement. (c) For each Terminal Sub-Center, said differential Signatory Airline requirement shall then be divided by the weighted equivalent amount of Premises and Common Use Premises for said Terminal Sub-Center to determine the rate for Type 1 (premium) space. Rates for Types 2 through Type 5 space shall then be determined by multiplying the Type 1 (premium) rate by the relative weighted values for each type of rentable space.