Common use of Federal Aviation Act Compliance Clause in Contracts

Federal Aviation Act Compliance. Licensee agrees to comply with provisions of the Federal Aviation Act of 1958 (49 U.S.C. 1349(a)), and any future amendments or revisions thereto, or any rules or regulations promulgated thereunder and any provision of any agreements providing Federal assistance for the development of Airports entered into by Textron and the United States of America or its agencies. Notwithstanding the foregoing, if this Section 18.7 is invoked against Licensee, Licensee may terminate this Agreement without further liability if in Licensee’s reasonable discretion such invocation materially increases Licensee’s obligations or materially decreases Licensee’s rights under this Agreement.

Federal Aviation Act Compliance. Licensee agrees to comply with provisions of the Federal Aviation Act of 1958 (49 U.S.C. 1349(a)), and any future amendments or revisions thereto, or any rules or regulations promulgated thereunder and any provision of any agreements providing Federal assistance for the development of Airports entered into by Textron and the United States of America or its agencies. Notwithstanding the foregoing, if this Section 18.7 19.7 is invoked against Licensee, Licensee may terminate this Agreement without further liability if in Licensee’s 's reasonable discretion such invocation materially increases Licensee’s 's obligations or materially decreases Licensee’s 's rights under this Agreement.

Federal Aviation Act Compliance. Licensee agrees to comply with provisions of the Federal Aviation Act of 1958 (49 U.S.C. 1349(a)), and any future amendments or revisions thereto, or any rules or regulations promulgated thereunder and any provision of any agreements providing Federal assistance for the development of Airports entered into by Textron and the United States of America or its agencies. Notwithstanding the foregoing, if this Section 18.7 is invoked against Licensee, Licensee may terminate this Agreement without further liability if in Licensee’s 's reasonable discretion such invocation materially increases Licensee’s 's obligations or materially decreases Licensee’s 's rights under this Agreement.