Common use of Nullity Clause in Contracts

Nullity. This Agreement shall be null and void in the event that the Company does not locate the Facility in the Town or relocates the Facility out of the Town. Further, in the case of any relocation out of the Town, the Company agrees that an adjustment of Payments due to the Town hereunder shall be calculated based upon the period of occupation of the Facility within the Town, but in no event shall the Town be responsible for the return of any funds provided to it by the Company.

Appears in 5 contracts

Samples: Host Community Agreement, Host Community Agreement, Host Community Agreement

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Nullity. This Agreement shall be null and void in the event that the Company does not locate the Facility in the Town or relocates the Facility out of the Town. Further, in the case of any relocation out of the Town, the Company agrees that an adjustment of Annual Payments due to the Town hereunder shall be calculated based upon the period of occupation of the Facility within the Town, but in no event shall the Town be responsible for the return of any funds provided to it by the Company.

Appears in 3 contracts

Samples: Host Community Agreement, Host Community Agreement, Host Community Agreement

Nullity. This Agreement shall be null and void in the event that the Company does not locate the Facility Establishment in the Town or relocates the Facility Establishment out of the Town. Further, in the case of any relocation out of the Town, the Company agrees that an adjustment of Annual Payments due to the Town hereunder shall be calculated based upon the period of occupation of the Facility Establishment within the Town, but in no event shall the Town be responsible for the return of any funds provided to it by the Company.

Appears in 2 contracts

Samples: Host Community Agreement, Host Community Agreement

Nullity. This Agreement shall be null and void in the event that the Company does not locate the Facility an Establishment in the Town or relocates the Facility out of the Town. Further, in the case of any relocation out of the Town, the Company agrees that an adjustment of Payments any and all annual payments due to the Town hereunder shall be calculated based upon the period of occupation of the Facility within the Town, but in no event shall the Town be responsible for the return of any funds provided to it by the Company.

Appears in 2 contracts

Samples: Host Community Agreement, Host Community Agreement

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Nullity. This Agreement shall be null and void in the event that the Company does not locate the Facility Establishment in the Town or relocates the Facility Establishment out of the Town. Further; provided, however, that in the case of any relocation out of the Town, the Company agrees that an adjustment of Payments Community Impact Fee due to the Town hereunder shall be calculated based upon the period of occupation of the Facility Establishment within the Town, but in no event shall the Town be responsible for the return of any funds provided to it by the Company.

Appears in 1 contract

Samples: Community Agreement

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