Common use of FEDERAL RIGHT TO RECLAIM Clause in Contracts

FEDERAL RIGHT TO RECLAIM. In the event a United States governmental agency demands and takes over the entire facilities of the Airport or the portion thereof wherein the Airline Premises are located, for war or national emergency, for a period in excess of ninety (90) consecutive days, then this Agreement will terminate and the Authority will be released and fully discharged from any and all liability hereunder. In the event of this termination, the Airline's obligation to pay rent will cease; however, nothing herein will be construed as relieving either party from any of its liabilities relating to events or claims of any kind whatsoever prior to this termination.

Appears in 19 contracts

Samples: Space Rental Agreement, Space Rental Agreement, Space Rental Agreement

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