Common use of Revocation or surrender Clause in Contracts

Revocation or surrender. (1) The Authorities understand that: (a) Revocation or surrender of the ANAC AMO Approval will automatically render the TCCA Supplement and its privileges invalid. As a consequence of this revocation or surrender, all privileges of their TCCA Supplement approval will be permanently removed and will not be re-instated; and (b) ANAC will immediately notify TCCA of any activities related to the aforementioned certificate action.

Appears in 2 contracts

Sources: Technical Arrangement on Maintenance (Ta M), Technical Arrangement on Maintenance