Common use of Broken Lease Clause in Contracts

Broken Lease. If the Company provides less than forty-five (45) days notice of transfer at Company request, and a flight attendant eligible for moving expenses incurs a penalty as a result of the early termination of her/his household lease, the Company will reimburse her/him for the broken lease penalty, not to exceed two (2) months’ rent (limited to the flight attendant’s share of the rent in a multi-tenant residence). The flight attendant will take reasonable steps to avoid such penalty. The Company shall furnish the flight attendant an involuntary displacement letter if requested.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.