Common use of Not for Cause Clause in Contracts

Not for Cause. The Slip owner retains the right to terminate this agreement without cause, at anytime, upon ten (10) days written notice to the Renter. In such cases, any prepaid fees, charges, or expenses shall be prorated and any surplus returned to the Renter, and Renter shall remove their boat by the termination date so noticed. Nothing in this paragraph 6 shall waive any other right of the slip owner under this agreement, at law, equity or admiralty.