Common use of Permittee Default Clause in Contracts

Permittee Default. If any default by Permittee, its officers, employees, agents, or contractors of any term or condition of this Agreement continues more than ten (10) days after written notification of such default by GAS, GAS shall have the right to terminate this Agreement upon written notice to Permittee; provided however, if such default is a result of any violation of the Airport Security Plan or the Airport Rules and Regulations, or if such default constitutes a danger or hazard to persons or property as determined in the sole discretion of PMGAA, GAS shall have the right to terminate this Agreement immediately by written notice to Permittee. Upon any termination pursuant to this Section II.M.2, GAS shall have no obligation to return any deposits or pre-paid Fees to Permittee.

Appears in 2 contracts

Samples: Tie Down Space Rental Agreement, Tie Down Space Rental Agreement

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Permittee Default. If any default by Permittee, its officers, employees, agents, or contractors of any term or condition of this Agreement continues more than ten (10) days after written notification of such default by GAS, GAS shall have the right to terminate this Agreement upon written notice to Permittee; provided however, if such default is a result of any violation of the Airport Security Plan or the Airport Rules and Regulations, or if such default constitutes a danger or hazard to persons or property as determined in the sole discretion of PMGAA, GAS shall have the right to terminate this Agreement immediately by written notice to Permittee. Upon any termination pursuant to this Section II.M.2II.O.2, GAS shall have no obligation to return any deposits or pre-paid Fees to Permittee.

Appears in 2 contracts

Samples: Aircraft Hangar Space Rental Agreement, Aircraft Hangar Space Rental Agreement

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