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AIRLINE OPERATING AGREEMENT AND TERMINAL BUILDING LEASE

LLC Operating Agreement

AIRLINE OPERATING AGREEMENT AND TERMINAL BUILDING LEASE | Document Parties: NORTHWEST AIRLINES CORP | Metropolitan Airports Commission | Northwest Airlines, Inc You are currently viewing:
This LLC Operating Agreement involves

NORTHWEST AIRLINES CORP | Metropolitan Airports Commission | Northwest Airlines, Inc

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Title: AIRLINE OPERATING AGREEMENT AND TERMINAL BUILDING LEASE
Governing Law: Minnesota     Date: 2/29/2008
Industry: Airline     Sector: Transportation

AIRLINE OPERATING AGREEMENT AND TERMINAL BUILDING LEASE, Parties: northwest airlines corp , metropolitan airports commission , northwest airlines  inc
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Exhibit 10.5

 

AMENDMENT TO

 

AIRLINE OPERATING AGREEMENT AND TERMINAL BUILDING LEASE

 

MINNEAPOLIS-ST. PAUL INTERNATIONAL AIRPORT

 

This Amendment, effective the 29th day of March, 2002, is between the Metropolitan Airports Commission (“MAC”), a public corporation under the laws of the State of Minnesota, and Northwest Airlines, Inc. (“Northwest Airlines” or “AIRLINE”), a corporation organized and existing under the laws of Minnesota and authorized to do business in the State of Minnesota.

 

WHEREAS, MAC and Northwest Airlines entered into an Airline Operating Agreement and Terminal Building Lease (“Lease”) effective January 1,1999; and

 

WHEREAS, the parties wish to amend that Lease to incorporate certain terms of an agreement reached and approved by MAC on June 18, 2001.

 

NOW THEREFORE, in consideration of the foregoing, the parties agree to amend the Lease as follows:

 

1.        TERM

 

“Article ll-TERM” is hereby replaced with the following language:

 

II.              TERM

 

The term of this Agreement shall begin as of the effective date of this Agreement and end December 31, 2015 (hereinafter referred to as the “Term”), and the rents, fees, and charges established in this Agreement shall apply to said Term.

 

2.         GATES

 

a.       Article IV. H. 2. and Article IV. H. 2. a. regarding SHORT TERM GATES are hereby amended by striking the clauses “presently not leasing a gate directly form MAC or not currently providing air service to the Airport.”

 

b.         Article XIII-SUPPLEMENTAL AGREEMENTS” is hereby amended by adding the following language:

 

F.    CONCOURSES A, B, C & D

 

1.               CONCOURSES A, B & C

 

MAC agrees to lease all gates currently under construction on Concourse C as of June 18, 2001 (“Phase 2 Gates”) to Northwest Airlines. MAC agrees to lease all gates on Concourses A and B to Northwest Airlines. Northwest Airlines is obligated to accommodate other Airlines’ regional propeller aircraft operations on Concourses

 

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A and B on a per-turn basis at a reasonable charge not to exceed 115% of the rates and charges being paid by Northwest Airlines. Such charges shall not require payment for equipm



 
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