Common use of Effectiveness; Revocation Clause in Contracts

Effectiveness; Revocation. Each Facilities License will become effective, if at all, upon execution and delivery of an Addendum in accordance with Section B of this Master Agreement. Once effective, a Facilities License may be revoked by Fairfax Water at any time effective upon delivery of written notice of revocation to the County. Without limiting its rights under this Master Agreement or the Easement Policy in any respect, Fairfax Water advises that it currently does not anticipate exercising its right of revocation absent the occurrence of one or more of the following events: (i) the breach by the County of any provision of this Master Agreement or an Addendum that is not cured within 90 days after written notice of breach is delivered to the County; (ii) the sale or transfer of the Property to a person or entity who has not agreed in writing to assume the County’s obligations under this Master Agreement and all Addenda entered into as of the date of such sale or transfer; (iii) a change in the use or operation of the Property such that, in the judgment of Fairfax Water, the Approved Facilities no longer constitute a “public facility,” as that term is employed in the Easement Policy; (iv) a determination by Fairfax Water that its then-current or planned operation of the Reservoir is not reasonably compatible with the County’s use of Approved Facilities; or (v) a decision by Fairfax Water to permanently flood all or any portion of the Flood Easement on the

Appears in 2 contracts

Sources: Master License and Covenant Agreement, Master License and Covenant Agreement