Common use of No Buy-out Clause in Contracts

No Buy-out. In accordance with Public Resources Code §5080.18 (h), where the Contract has been terminated due to a breach on the part of the Concessionaire under any terms of this Contract the State shall not be obligated to purchase any improvements made by Concessionaire or to pay the Concessionaire for said improvements before or after taking possession of the Premises.

Appears in 10 contracts

Samples: Concession Contract, Concession Contract, Marina Concession Contract

AutoNDA by SimpleDocs

No Buy-out. In accordance with Public Resources Code §Section 5080.18 (h), where the Contract contract has been terminated due to a breach on the part of the Concessionaire under any terms of this Contract contract the State shall not be obligated to purchase any improvements made by Concessionaire or to pay the Concessionaire for said improvements before or after taking possession of the Premises.

Appears in 9 contracts

Samples: Concession Contract, Concession Contract, Concession Contract

No Buy-out. In accordance with Public Resources Code §Section 5080.18 (h), where the Contract has been terminated due to a breach on the part of the Concessionaire under any terms of this Contract the State shall not be obligated to purchase any improvements made by Concessionaire or to pay the Concessionaire for said improvements before or after taking possession of the Premises.

Appears in 6 contracts

Samples: Concession Contract, Concession Contract, Concession Contract

No Buy-out. In accordance with Public Resources Code §§ 5080.18 (h), where the Contract has been terminated due to a breach on the part of the Concessionaire under any terms of this Contract the State shall not be obligated to purchase any improvements made by Concessionaire or to pay the Concessionaire for said improvements before or after taking possession of the Premises.

Appears in 1 contract

Samples: Concession Contract

AutoNDA by SimpleDocs

No Buy-out. In accordance with Public Resources Code §Section 5080.18 (h), where the Contract has been terminated due to a breach on the part of the Concessionaire under any terms of this Contract the State County shall not be obligated to purchase any improvements made by Concessionaire or to pay the Concessionaire for said improvements before or after taking possession of the Premises.

Appears in 1 contract

Samples: Concession Contract

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!