Common use of Administrative Assessments Clause in Contracts

Administrative Assessments. The parties agree that Concessionaire's performance of its obligations under this Agreement are extremely important to City and that Concessionaire's failure to perform those activities will result in administrative and monitoring expenses to City and its staff. Therefore, the parties agree that the administrative assessments described on attached Exhibit I ("Administrative Assessments") are reasonable estimates of such expenses and shall be imposed on Concessionaire at the sole discretion of CEO for any of the violations described on Exhibit I. CEO may elect to waive an Administrative Assessment for a particular violation, but no such waiver shall apply to prior or subsequent violations of the same or any other provision of this Agreement, and such waiver shall not be deemed to set a precedent for further waivers. City's right to impose the foregoing Administrative Assessments shall be in addition to and not in lieu of any and all of City's rights under this Agreement, in the Rules and Regulations, or at law or in equity. CEO's decision to impose an Administrative Assessment on Concessionaire for one of the violations described on Exhibit I shall not preclude City, in the event Concessionaire subsequently commits the same or a different violation, from exercising any of such other rights of City, including, without limitation, its right to terminate this Agreement pursuant to Article XI. City shall have no obligation to Concessionaire to impose Administrative Assessments or fines on or otherwise take any action against any other concessionaire or tenant at the Airport. During the Term of this Agreement, CEO may K.:RT/CDG/Concessions/Food&Beverage/Areas/T7-LAX-F&B 2017-02-27-Contract-T7-LAX-F&B-v3 reasonably adjust upward the amount of the Administrative Assessments set forth in Exhibit I by providing Concessionaire six (6) months advance written notice. Exhibit I may be modified by written approval of the CEO.

Administrative Assessments. The parties agree that Concessionaire's performance of its obligations under this Agreement are extremely important to City and that Concessionaire's failure to perform those activities will result in administrative and monitoring expenses to City and its staff. Therefore, the parties agree that the administrative assessments described on attached Exhibit I U ("Administrative Assessments") are reasonable estimates of such expenses and shall be imposed on Concessionaire at the sole discretion of CEO Executive Director for any of the violations described on Exhibit I. CEO U. Executive Director may elect to waive an Administrative Assessment for a particular violation, but no such waiver shall apply to prior or subsequent violations of the same or any other provision of this Agreement, and such waiver shall not be deemed to set a precedent for further waivers. City's right to impose the foregoing Administrative Assessments shall be in addition to and not in lieu of any and all of City's rights under this Agreement, in the Rules and Regulations, or at law or in equity. CEOExecutive Director's decision to impose an Administrative Assessment on Concessionaire for one of the violations described on Exhibit I U shall not preclude City, in the event Concessionaire subsequently commits the same or a different violation, from exercising any of such other rights of City, including, without limitation, its right to terminate this Agreement pursuant to Article XISection 11. City shall have no obligation to Concessionaire to impose Administrative Assessments or fines fmes on or otherwise take any action against any other concessionaire or tenant at the Airport. During the Term of this Agreement, CEO Executive Director may K.:RT/CDG/Concessions/Food&Beverage/Areas/T7-LAX-F&B 2017-02-27-Contract-T7-LAX-F&B-v3 reasonably adjust upward the amount of the Administrative Assessments set forth in Exhibit I U by providing Concessionaire six (6) months advance written notice. Exhibit I U may be modified by written approval of the CEOExecutive Director.

Administrative Assessments. The parties agree that Concessionaire's performance of its obligations under this Agreement are extremely important to City and that Concessionaire's failure to perform those activities will result in administrative and monitoring expenses to City and its staff. Therefore, the parties agree that the administrative assessments described on attached Exhibit I U ("Administrative Assessments") are reasonable estimates of such expenses and shall be imposed on Concessionaire at the sole discretion of CEO Executive Director for any of the violations described on Exhibit I. CEO U, Executive Director may elect to waive an Administrative Assessment for a particular particular- violation, but no such waiver shall apply to prior or subsequent violations of the same or any other provision of this Agreement, and such waiver shall not be deemed to set a precedent for further waivers. City's right to impose the foregoing Administrative Assessments shall be in addition to and not in lieu of any and all of City's rights 09-11-14 Retail Is1 Amended Concession Agr K:RT/CDG/ConcessionsAT457S Rev/FB/ Concessionaire, LAA-8552 under this Agreement, in the Rules and Regulations, or at law or in equity. CEOExecutive Director's decision to impose an Administrative Assessment on Concessionaire for one of the violations described on Exhibit I U shall not preclude City, in the event Concessionaire subsequently commits the same or a different violation, from exercising any of such other rights of City, including, without limitation, its right to terminate tenninate this Agreement pursuant to Article XISection 11. City shall have no obligation to Concessionaire to impose Administrative Assessments or fines on or otherwise take any action against any other concessionaire or tenant at the Airport. During the Term of this Agreement, CEO Executive Director may K.:RT/CDG/Concessions/Food&Beverage/Areas/T7-LAX-F&B 2017-02-27-Contract-T7-LAX-F&B-v3 reasonably adjust upward the amount of the Administrative Assessments set forth in Exhibit I U by providing Concessionaire six (6) months advance written notice. Exhibit I U may be modified by written approval of the CEOExecutive Director.