Major Capital Improvement. In the event that the Port, at its sole discretion, shall require the use of the Premises for a major capital improvement for public or private use in connection with the operation of the business of the Port, then this Lease may be terminated by the Port by written notice delivered or mailed by the Port to Lessee not less than three hundred sixty-five days (365) days before the termination date specified in the notice. If Lessee is not in default under any of the provisions of this Lease on the effective date of such termination, any Rent prepaid by Lessee shall, to the extent allocable to any period subsequent to the effective date of the termination, be promptly refunded to Lessee. Lessee shall not be entitled to any compensation at termination for the bargain value of the leasehold or any relocation expenses.
Major Capital Improvement. In the event the Port, in its sole discretion, requires the Premises for a major capital improvement of the Airport, or for safety and security reasons, the Port may terminate this Lease Agreement by delivering to Operator notice of termination not less than one (1) year before the termination date specified in the termination notice and rental car facilities of at least comparable size, quality and scope to the Consolidated Rental Car Facilities shall have been provided to the Operator at no additional cost to the Operator, on or prior to such termination. In the event that the Port does not provide replacement premises as set forth in the previous sentence, the Port shall provide Operator at least thirty (30) months notice and shall pay Operator all amounts to which Operator would be entitled in the event of a condemnation under applicable law.
Major Capital Improvement. In the event that the Port, at its sole discretion, shall require the use of the Premises for a major capital improvement for public or private use in connection with the operation of the business of the Port, then this Lease may be terminated by the Port by written notice delivered or mailed by the Port to Lessee not less than
Major Capital Improvement. In the event the Port, in its sole discretion, requires the Premises for a major capital improvement of the Airport, or for safety and security reasons, the Port may terminate this Agreement by delivering to Concessionaire notice of termination not less than one hundred eighty (180) days before the termination date specified in the termination notice.
Major Capital Improvement. In the event that the Port, at its sole discretion, shall require the use of the Premises for a major capital improvement for public or private use in connection with the operation of the business of the Port, then this Lease may, as further set forth below, be relocated by the Port during the initial lease term provided by Section 3.1 or terminated by the Port during any option period provided by Section 3.2, both by written notice delivered or mailed by the Port to Lessee not less than one (1) year before the relocation/termination date specified in the notice.
Major Capital Improvement. In the event that the Port, at its sole discretion, shall require the use of the Premises for a major capital improvement for public or private use in connection with the operation of the business of the Port, then this Lease may be terminated by the Port by written notice delivered or mailed by the Port to Lessee not less than one hundred twenty (120) days before the termination date specified in the notice. If Lessee is not in default under any of the provisions of this Lease on the effective date of such termination, any Rent prepaid by Lessee shall, to the extent allocable to any period subsequent to the effective date of Formatted: Don't adjust space between Latin and Asian text the termination, be promptly refunded to Lessee. Lessee shall not be entitled to any compensation at termination for the bargain value of the leasehold or any relocation expenses.
