Common use of Payment after Default Clause in Contracts

Payment after Default. The acceptance of rentals, fees or charges by Authority from Operator for any period or periods after a default by Operator of any of the terms, covenants and conditions herein required to be performed, kept and observed by Operator shall not be deemed a waiver or estoppel of any right on the part of Authority to terminate this Agreement for failure by Operator to so perform, keep or observe any of said terms, covenants or conditions.

Appears in 4 contracts

Samples: Valet Parking Concession Agreement, Valet Parking Concession Agreement, Concession Agreement

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