Common use of Event of Abandonment Clause in Contracts

Event of Abandonment. If the Distribution Franchisee ceases to operate all and/or any substantial part of the Distribution System for a period of forty-eight (48) consecutive hours without the prior written consent of DISCOM, then DISCOM or its designates shall be entitled to immediately enter any and/or all of the site(s) and operate the Distribution System, provided however that: An event of abandonment shall not have been set to occur, if the cessation of operation has resulted from -

Appears in 4 contracts

Samples: Distribution Franchisee Agreement, Distribution Franchisee Agreement, Distribution Franchisee Agreement

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