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Hangar Sublease Agreement
"I need a Hangar Sublease Agreement for a commercial aircraft maintenance facility, where we'll be subletting 50% of our hangar space to a cargo airline for a 3-year term starting March 2025, with specific provisions for shared access to maintenance equipment."
1. Parties: Identification of head lessor, sublessor, and sublessee with full legal details
2. Background: Context of the sublease, including details of head lease and purpose
3. Definitions: Key terms used throughout the agreement including aviation-specific terminology
4. Demise: Specific description of hangar space being subleased
5. Term and Rent: Duration of sublease and payment terms
6. Permitted Use: Allowed activities within the hangar space and operational restrictions
7. Maintenance and Repairs: Responsibilities for upkeep and repairs of the hangar facility
8. Insurance: Required insurance coverage and obligations including aviation-specific insurance
9. Compliance with Head Lease: Obligations to comply with head lease terms and aviation regulations
1. Service Charges: Details of additional services and associated costs for hangar operations
2. Alterations: Rights and restrictions regarding modifications to the hangar space
3. Assignment and Subletting: Rights to transfer or further sublease the hangar space
4. Environmental Compliance: Specific obligations regarding environmental protection and waste management
1. Schedule 1: Plan: Detailed plan of the hangar space and access routes
2. Schedule 2: Head Lease Terms: Relevant excerpts from the head lease
3. Schedule 3: Services: List of provided services and specifications
4. Schedule 4: Condition Report: Initial condition of the hangar space
5. Appendix A: Operating Procedures: Safety and operational requirements for hangar use
6. Appendix B: Insurance Requirements: Detailed insurance specifications including aviation-specific coverage
Authors
Airfield
Aircraft
Applicable Aviation Laws
CAA
Commencement Date
Common Areas
Condition Report
Demised Premises
Expiry Date
Head Lease
Head Lessor
Hangar
Insurance Requirements
Lease Period
Operating Hours
Permitted Use
Permitted Aircraft
Premium Rent
Rent
Rent Payment Date
Service Charge
Services
Sublessor
Sublessee
Term
Terminal Date
Security Deposit
Utilities
Working Day
Term and Renewal
Rent and Payment
Security Deposit
Permitted Use
Compliance with Aviation Regulations
Access and Operating Hours
Maintenance and Repairs
Alterations
Insurance
Utilities and Services
Assignment and Subletting
Termination
Default and Remedies
Health and Safety
Environmental Compliance
Indemnification
Force Majeure
Notices
Head Lease Compliance
Quiet Enjoyment
Security and Access Control
Liability
Governing Law
Dispute Resolution
Entire Agreement
Severability
Waiver
Amendment
Registration
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