Common use of CANCELLATION BY XXXXXX Clause in Contracts

CANCELLATION BY XXXXXX. LESSEE may cancel this by written notice to the BOARD, whereupon rent shall be prorated as of the date LESSEE vacates the AREA, upon occurrence of one of the following events: A. Abandonment of the AIRPORT by the BOARD; B. Assumption of the operation, control or use of the BOARD by United States Government in such manner that substantially restricts LESSEE from operating in a normal manner for a period of ninety (90) consecutive days; C. Existence of an injunction by a Court of competent jurisdiction preventing or restraining use of the AIRPORT for a period at least ninety (90) consecutive days; or D. Default by the BOARD continuing for at least thirty (30) consecutive days after receipt from LESSEE of written notice to remedy default.

CANCELLATION BY XXXXXX. LESSEE may cancel this by written notice to the BOARD, whereupon rent shall be prorated as of the date LESSEE vacates the AREALEASED LAND, upon occurrence of one of the following events: A. Abandonment of the AIRPORT by the BOARD; B. Assumption of the operation, control or use of the BOARD by United States Government in such manner that substantially restricts LESSEE from operating in a normal manner for a period of ninety (90) consecutive days;. C. Existence of an injunction by a Court of competent jurisdiction preventing or restraining use of the AIRPORT for a period at least ninety (90) consecutive days; or. D. Default X. Xxxxxxx by the BOARD continuing for at least thirty (30) consecutive days after receipt from LESSEE of written notice to remedy default.

CANCELLATION BY XXXXXX. LESSEE may cancel this by written notice to the BOARD, whereupon rent shall be prorated as of the date LESSEE vacates the AREALEASED LAND, upon occurrence of one of the following events: A. Abandonment of the AIRPORT by the BOARD; B. Assumption of the operation, control or use of the BOARD by United States Government in such manner that substantially restricts LESSEE from operating in a normal anormal manner for a period of ninety (90) consecutive days;. C. Existence of an injunction by a Court of competent jurisdiction preventing or restraining use of the AIRPORT for a period at least ninety (90) consecutive days; or. D. Default X. Xxxxxxx by the BOARD continuing for at least thirty (30) consecutive days after receipt from LESSEE of written notice to remedy default.

CANCELLATION BY XXXXXX. LESSEE may cancel this by written notice to the BOARD, whereupon rent shall be prorated as of the date LESSEE vacates the AREA, upon occurrence of one of the following events: A. Abandonment of the AIRPORT by the BOARD; B. Assumption of the operation, control or use of the BOARD by United States Government in such manner that substantially restricts LESSEE from operating in a normal manner for a period of ninety (90) consecutive days; C. Existence of an injunction by a Court of competent jurisdiction preventing or restraining use of the AIRPORT for a period at least ninety (90) consecutive days; or D. Default X. Xxxxxxx by the BOARD continuing for at least thirty (30) consecutive days after receipt from LESSEE of written notice to remedy default.

CANCELLATION BY XXXXXX. LESSEE may cancel this by written notice to the BOARD, whereupon rent shall be prorated as of the date LESSEE vacates the AREA, upon occurrence of one of the following events: A. Abandonment of the AIRPORT by the BOARD; B. Assumption of the operation, control or use of the BOARD by United States Government in such manner that substantially restricts LESSEE from operating in a normal anormal manner for a period of ninety (90) consecutive days; C. Existence of an injunction by a Court of competent jurisdiction preventing or restraining use of the AIRPORT for a period at least ninety (90) consecutive days; or D. Default X. Xxxxxxx by the BOARD continuing for at least thirty (30) consecutive days after receipt from LESSEE of written notice to remedy default.