Aerostar expects to submit an application for FAA approval shortly. The Lease Agreement has a term of 40 years and involves an upfront payment of $615 million, which is expected to be funded by a mixture of debt financing incurred by Aerostar and equity contributions by each of ASUR (through its Cancun Airport subsidiary) and Highstar Capital IV. During the term of the Lease Agreement, Aerostar will be required to make annual revenue-sharing payments to the PRPA, fixed at $2.5 million per year for the first five years, 5 percent of gross airport revenues for the sixth through the thirtieth years and 10 percent of gross airport revenues for the thirty-first through fortieth years.