Common use of PAYMENT ABATEMENT Clause in Contracts

PAYMENT ABATEMENT. Concessionaire acknowledges that the Marina is subject to unscheduled closures for reasons of health, public welfare, public safety, and government closures. Payment abatements will not be given if Concessionaire is unable to operate the Concession Premises for any reason.

Appears in 4 contracts

Sources: Concession Agreement, Concession Agreement, Concession Agreement

PAYMENT ABATEMENT. Concessionaire acknowledges that the Marina is subject to unscheduled closures for reasons of health, public welfare, public safety, and government closures. These closures may result from inclement weather, water quality, staffing, or emergencies. Payment abatements will not be given if Concessionaire is unable to operate the Concession Premises for any reason.

Appears in 4 contracts

Sources: Concession Agreement, Concession Agreement, Concession Agreement