Common use of Continuing Obligation and Holdover Clause in Contracts

Continuing Obligation and Holdover. (a) In the event the Company continues to operate all or any part of the Facilities on, over or under the Inalienable Property after the Term, then the Company shall continue to comply with all applicable provisions of this Agreement, including, without limitation, all compensation and other payment provisions of this Agreement, throughout the period of such continued operation, provided that any such continued operation shall in no way be construed as a renewal or other extension of this Agreement or the franchise granted pursuant to this Agreement, nor as a limitation on the remedies, if any, available to the City as a result of such continued operation after the Term, including, but not limited to, damages and restitution. (b) In the event this Agreement terminates for any reason whatsoever and the Company fails to cease providing service over the Facilities, the City, in addition to all other remedies available to it under this Agreement or by law, shall be entitled to receive all payments it is entitled to receive under this Agreement including, but not limited to, the compensation set forth in Section 7.

Continuing Obligation and Holdover. (a) In the event the Company continues to operate all or any part of the Facilities on, over or under the Inalienable Property System after the Term, then the Company shall continue to comply with all applicable provisions of this Agreement, including, without limitation, all compensation and other payment provisions of this Agreement, throughout the period of such continued operation, provided that any such continued operation shall in no way be construed as a renewal or other extension of this Agreement or the franchise granted pursuant to this Agreement, nor as a limitation on the remedies, if any, available to the City as a result of such continued operation after the Term, including, but not limited to, damages and restitution. (b) In the event this Agreement terminates for any reason whatsoever and the Company fails to cease providing service Service over the FacilitiesSystem, the City, in addition to all other remedies available to it under this Agreement or by law, shall be entitled to receive all payments it is entitled to receive under this Agreement including, but not limited to, the compensation set forth in Section 7.

Continuing Obligation and Holdover. (a) In the event the Company continues to operate all or any part of the Facilities on, over or under the Inalienable Property System after the Term, then the Company shall continue to comply with all applicable provisions of this Agreement, including, without limitation, all compensation and other payment provisions of this Agreement, throughout the period of such continued operation, provided that any such continued operation shall in no way be construed as a renewal or other extension of this Agreement or the franchise granted pursuant to this Agreement, nor as a limitation on the remedies, if any, available to the City as a result of such continued operation after the Term, including, but not limited to, damages and restitution. (b) In the event this Agreement terminates for any reason whatsoever and the Company fails falls to cease providing service Service over the FacilitiesSystem, the City, in addition to all other remedies available to it under this Agreement or by law, shall be entitled to receive all payments it is entitled to receive under this Agreement including, but not limited to, the compensation set forth in Section 7.

Continuing Obligation and Holdover. (a) In the event even the Company continues to operate all or any part of the Facilities on, over or under the Inalienable Property System after the Term, then the Company shall continue to comply with all applicable provisions of this Agreement, including, without limitation, all compensation and other payment provisions of this Agreement, throughout the period of such continued operation, provided that any such continued operation shall in no way be construed as a renewal or other extension of this Agreement or the franchise granted pursuant to this Agreement, nor as a limitation on the remedies, if any, available to the City as a result of such continued operation after the Term, including, but not limited to, damages and restitution. (b) In the event this Agreement terminates for any reason whatsoever and the Company fails to cease providing service Service over the FacilitiesSystem, the City, in addition to all other remedies available to it under this Agreement or by law, shall be entitled to receive all payments it is entitled to receive under this Agreement including, but not limited to, the compensation set forth in Section 7.