Cancellation of Event for Insufficient Registration or Emergency Sample Clauses

Cancellation of Event for Insufficient Registration or Emergency. A. The Town may cancel an Event in any year under which this Agreement is in effect no later than sixty-five (65) days before the Event Date if the Event does not have a sufficient number of registered participants, in accordance with the registered participant thresholds set forth in Schedule B. B. The Town may, in its sole discretion, but after conferring with the Event Owner, postpone, delay, or cancel any Event due to a locally declared emergency or safety concerns. C. If the Town cancels an Event for any of the reasons set forth in this Section 6.5, the Town shall not owe or be required to pay Event Owner the balance of the Event Rights Fee (if such fee has not yet been paid), nor shall the Town owe or be required to pay the Event Owner any penalty or cancellation fee.