Common use of I - DEFINITIONS Clause in Contracts

I - DEFINITIONS. Section 1.01, Definitions, Paragraph Q, Contract Dates, Subparagraph 3, Expiration Date, is deleted in its entirety from the Contract and replaced with the following: Expiration Date: The twelfth (12th) anniversary of the Package Completion Date. 3. ARTICLE IV, TERM, Section 4.04, Rights and Obligations Upon Expiration or Termination, is amended by adding the following paragraph at the end: At any time during the eleventh (11th) and/or twelfth (12th) Contract Years this Contract may be terminated at the Authority’s sole discretion upon sixty (60) days' written notice to Concessionaire. In the event any such notice of termination is given, the termination of this Contract will be effective sixty (60) days from the date of the notice or such date set forth in the notice of termination.

I - DEFINITIONS. Section 1.01, Definitions, Paragraph Q, Contract Dates, Subparagraph 3, Expiration Date, is deleted in its entirety from the Contract and replaced with the following: Expiration Date: The twelfth (12th) anniversary of the Package Completion Date. 3. ARTICLE IV, TERM, Section 4.04, Rights and Obligations Upon Expiration or Termination, is amended by adding the following paragraph at the end: At any time during the eleventh (11th) and/or twelfth (12th) Contract Years Years, this Contract may be terminated at the Authority’s sole discretion upon sixty (60) days' written notice to Concessionaire. In the event any such notice of termination is given, the termination of this Contract will be effective sixty (60) days from the date of the notice or such date set forth in the notice of termination.