Contractor Remains Liable. If this Contract is terminated under this Article, the Contractor shall remain liable (in addition to accrued liabilities) to the extent legally permissible for the amounts that the Contractor would have been required to pay to the Authority under this Contract had the contract not been terminated. The Contractor shall pay, as damages, the difference between amounts obtained by adding the amounts owed to the Authority plus the Authority's expense in reentering or repossessing the Premises, putting the Premises in proper repair, altering the assigned Premises for a new contractor, protecting the Premises, and contracting expenses to obtain a new contractor, minus the revenue to be paid to the Authority by a new contractor occupying the Premises for the remaining contract period. In addition, the Contractor shall pay to the Authority such sums as the court which has jurisdiction there over may adjudge as reasonable attorney's fees with respect to any lawsuit or action instituted by the Authority to enforce the provisions of this Contract. If this Contract requires the payment of a percentage of gross receipts to the Authority, the percentage of gross receipts owed after a Default shall be based upon the
Appears in 7 contracts
Samples: Lease Agreement, Concession Contract, Concession Contract
Contractor Remains Liable. If this Contract is terminated under this Article, the Contractor shall remain liable (in addition to accrued liabilities) to the extent legally permissible for the amounts that the Contractor would have been required to pay to the Airports Authority under this Contract had the contract Contract not been terminated. The Contractor shall pay, as damages, the difference between amounts obtained by adding the amounts owed to the Airports Authority plus the Airports Authority's ’s expense in reentering or repossessing the Premises, putting the Premises in proper repair, altering the assigned Premises for a new contractor, protecting the Premises, and contracting expenses to obtain a new contractor, minus the revenue to be paid to the Airports Authority by a new contractor occupying the Premises for the remaining contract period. In addition, the Contractor shall pay to the Airports Authority such sums as the court which has jurisdiction there over may adjudge as reasonable attorney's ’s fees with respect to any lawsuit or action instituted by the Airports Authority to enforce the provisions of this Contract. If this Contract requires the payment of a percentage of gross receipts to the Airports Authority, the percentage of gross receipts owed after a Default shall be based upon thethe average of the Contractor’s gross receipts under this Contract during the last twelve months of the Contract or during the period of the Contract, whichever is shorter.
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement
Contractor Remains Liable. If this Contract is terminated under this Article, the Contractor shall remain liable (in addition to accrued liabilities) to the extent legally permissible for the amounts that the Contractor would have been required to pay to the Authority under this Contract had the contract not been terminated. The Contractor shall pay, as damages, the difference between amounts obtained by adding the amounts owed to the Authority plus the Authority's expense in reentering or repossessing the Premises, putting the Premises in proper repair, altering the assigned Premises for a new contractor, protecting the Premises, and contracting expenses to obtain a new contractor, minus the revenue to be paid to the Authority by a new contractor occupying the Premises for the remaining contract period. In addition, the Contractor shall pay to the Authority such sums as the court which has jurisdiction there over may adjudge as reasonable attorney's fees with respect to any lawsuit or action instituted by the Authority to enforce the provisions of this Contract. If this Contract requires the payment of a percentage of gross receipts to the Authority, the percentage of gross receipts owed after a Default shall be based upon thethe average of the Contractor's gross receipts under this Contract during the last twelve months of the contract or during the period of the contract, whichever is shorter.
Appears in 2 contracts
Samples: Concession Contract and Lease, Land and Concession Lease and Development Agreement
Contractor Remains Liable. If this Contract is terminated under this Article, the Contractor shall remain liable (in addition to accrued liabilities) to the extent legally permissible for the amounts that the Contractor would have been required to pay to the Airports Authority under this Contract had the contract Contract not been terminated. The Contractor shall pay, as damages, the difference between amounts obtained by adding the amounts owed to the Airports Authority plus the Airports Authority's ’s expense in reentering or repossessing the Premises, putting the Premises in proper repair, altering the assigned Premises for a new contractor, protecting the Premises, and contracting expenses to obtain a new contractor, minus the revenue to be paid to the Airports Authority by a new contractor occupying the Premises for the remaining contract Contract period. In addition, the Contractor shall pay to the Airports Authority such sums as the court which has jurisdiction there over may adjudge as reasonable attorney's ’s fees with respect to any lawsuit or action instituted by the Airports Authority to enforce the provisions of this Contract. If this Contract requires the payment of a percentage Percentage of gross receipts Gross Receipts Fee to the Airports Authority, the percentage Percentage of gross receipts Gross Receipts owed after a Default shall be based upon thethe average of the Contractor’s Gross Receipts under this Contract during the last twelve (12) months of the Contract or during the period of the Contract, whichever is shorter.
Appears in 1 contract
Samples: Lease Agreement
Contractor Remains Liable. If this Contract is terminated under this Article, the Contractor shall remain liable (in addition to accrued liabilities) to the extent legally permissible for the amounts that the Contractor would have been required to pay to the Airports Authority under this Contract had the contract Contract not been terminated. The Contractor shall pay, as damages, the difference between amounts obtained by adding the amounts owed to the Airports Authority plus the Airports Authority's ’s expense in reentering or repossessing the Premises, putting the Premises in proper repair, altering the assigned Premises for a new contractor, protecting the Premises, and contracting expenses to obtain a new contractor, minus the revenue to be paid to the Airports Authority by a new contractor occupying the Premises for the remaining contract Contract period. In addition, the Contractor shall pay to the Airports Authority such sums as the court which has jurisdiction there over may adjudge as reasonable attorney's ’s fees with respect to any lawsuit or action instituted by the Airports Authority to enforce the provisions of this Contract. If this Contract requires the payment of a percentage Percentage of gross receipts Gross Receipts Fee to the Airports Authority, the percentage Percentage of gross receipts Gross Receipts owed after a Default shall be based upon thethe average of the Contractor’s Gross Receipts under this Contract during the last twelve (12) months of the Contract or during the period of the Contract, whichever is shorter.
Appears in 1 contract
Samples: Lease Agreement