Common use of REMOVAL OF THE HANGAR Clause in Contracts

REMOVAL OF THE HANGAR. 5.1 At the expiration of this agreement or any extension thereof, the LESSEE shall be entitled, at his own expense, to remove the hangar. 5.2 It is agreed that if any damage would be caused to the Hoedspruit Airfield as result of such removal, the LESSEE shall be liable for such damage without resource to the LESSOR. 5.3 If the LESSEE does not remove the hangar within sixty (60) after this agreement has finally come to an end, the hangar shall become the property of the LESSOR, and the LESSEE shall not be entitled to any compensation in respect thereof from the LESSOR and in which event the LESSOR will be entitled to remove and place anywhere on the airfield it sees fit, all and any moveable goods stored inside the hangar at the cost of the LESSEE.

Appears in 5 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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