Demolition and Removal. The Contractor shall execute all documents requested and deemed necessary by the Airports Authority as evidence of said transfer of clear title to the Airports Authority. The Contractor shall have no right during the Contract Term to demolish or remove, in whole or in part, any Capital Investments and Fixed Improvements or Operating Facility except with the prior written consent of the Airports Authority, which may at the discretion of the Airports Authority be conditioned on the obligation of the Contractor to replace the same by Capital Investments and Fixed Improvements or Operating Facilities acceptable to the Airports Authority. At the expiration or earlier termination of the Contract, the Contractor shall be required to leave in place all Capital Investments and Fixed Improvements, other than the ones which the Airports Authority has authorized to be demolished or removed and such Capital Investments and Fixed Improvements shall be in good condition, reasonable wear and tear excepted. The Contractor shall be responsible for any demolition and removal of Capital Investments and Fixed Improvements requested by the Contractor and approved by the Airports Authority.
Appears in 2 contracts
Sources: Lease Agreement, Lease Agreement