Common use of Prohibition Against Exclusive Rights Clause in Contracts

Prohibition Against Exclusive Rights. Nothing herein contained shall be construed to grant or authorize the granting of an exclusive right to conduct an Air Transportation Business as prohibited by 49 U.S.C. §§ 40103 and 47107, and associated grant agreements, and the Lessee reserves the right to grant to others the privileges and right of conducting any or all activities of an aeronautical nature.

Prohibition Against Exclusive Rights. Nothing herein contained shall be construed to grant or authorize the granting of an exclusive right to conduct an Air Transportation Business as prohibited by 49 U.S.C. §§ 40103 and 47107, and associated grant agreements, and the Lessee Aerostar reserves the right to grant to others the privileges and right of conducting any or all activities of an aeronautical nature.