Common use of Disasters Clause in Contracts

Disasters. If, in the determination of the State, fire, flood, earthquake or other casualty damages are so extensive that the Airport has to render it untenantable, either party may elect to terminate this Agreement on thirty (30) days written notice to the other party. If this Agreement is terminated because of a disaster, the State will prorate the fees due the Joint Operator up to the time the Airport becomes untenantable.

Appears in 2 contracts

Samples: Parking Operations Agreement, Parking Operations Agreement

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Disasters. If, in the determination of the State, fire, flood, earthquake or other casualty damages are so extensive that the Airport has so extensively as to render it untenantable, either party may elect to terminate this Agreement on thirty (30) days written notice to the other party. If this Agreement is terminated because of a disaster, the State will prorate the fees due the Joint Operator payable under this Agreement up to the time the Airport becomes untenantable.

Appears in 1 contract

Samples: Agreement

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Disasters. If, in the determination of the State, a fire, flood, earthquake or other casualty disaster damages are so extensive that the Airport has so extensively as to render it untenantable, either party may elect to terminate this Agreement on thirty (30) days 30 calendar days' written notice to the other party. If this Agreement is terminated because of a disaster, the State will prorate the fees due the Joint Operator payable under this Agreement up to the time the Airport becomes untenantable.

Appears in 1 contract

Samples: Agreement

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