1993-01-11 Regular Meeting - Laserfiche WebLink

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• action program as required by 14 CFR Part 152, Subpart E, to insure that no person shall on the grounds of race, creed, color, national origin, or sex be excluded from participating in any employment activities covered in 14 CFR Part 152, Subpart E. The Lessee assures that no person shall be excluded on these grounds from participating in or receiving the services or benefits of any program or activity covered by this subpart. The Lessee assures that it will require that its covered suborganizations provide assurances to the Lessee that they similarly will undertake affirmative action programs and that they will require assurances from their suborganizations, as required by 14 CFR Part 152, Subpart E, to the same effect. ARTICLE XVI - FAVORED NATIONS CLAUSE 1. Lessor covenants and agrees not to hereafter enter into any lease, contract, or agreement, nor any renewal of any existing leases, with any other party with respect to the Airport, containing more favorable terms than this lease or to grant to any other operator rights, privileges or concessions with respect to the Airport which are not accorded to Lessee hereunder, unless the same rights, privileges and concessions are concurrently and automatically made available to Lessee. It is understood and agreed that the intent of the parties in this paragraph is to provide that Lessee shall not be put at a competitive disadvantage with any other operator rights, privileges or concessions which have not been granted to Lessee or terms and conditions more favorable than those enjoyed by Lessee. ARTICLE XVII - OPTION TRACT 1. Lessor grants to Lessee, an option, in the form of a right of first refusal upon thirty (30) days written notice from Lessor to Lessee, whereby Lessee may lease from City, the hereinafter described Option Tract. Lessee shall pay to Lessor, as additional rental, in the event Lessee exercises its option to lease said Option Tract, an annual rental as calculated under the terms and provisions of this lease, for the balance of the term of the lease. Lessor shall give Lessee thirty (30) days written notice of any offer by a third party to lease such Option Tract, in which case Lessee hereunder may either accept the option to lease all of said Option Tract by giving written notice to the City of its desire to do so, or, in the absence of such written notice, upon Lessee's refusal to lease said Option Tract, City shall be free to lease same to said other third party. In the event Lessee accepts and exercises its option hereunder, the term of the lease for said Option Tract shall extend for the full remaining term of the primary lease hereunder. This option shall continue in force to December 31, 2002. 14