Common use of Station Lease Clause in Contracts

Station Lease. The Authority will cease using the stations owned by the withdrawing Party upon the effective date of the Party’s withdrawal. The withdrawing Party, or other station owner, will receive the station in an as- is condition as of the effective date of the withdrawal. If the withdrawing Party is not the owner of the station at the time of withdrawal and it wishes to use the station after withdrawal, the withdrawing Party will be responsible for coordinating such use with the station’s owner. The Authority will use its best efforts to maintain the station in its condition from the date of the notice to the date of withdrawal, but will not be responsible for any normal wear and tear during the withdrawal period, nor for any deterioration or destruction of the station outside of its control.

Station Lease. The Authority will cease using the stations owned by the withdrawing Party upon the effective date of the Party’s withdrawal. The withdrawing Party, or other station owner, will receive the station in an as- as-is condition as of the effective date of the withdrawal. If the withdrawing Party is not the owner of the station at the time of withdrawal and it wishes to use the station after withdrawal, the withdrawing Party will be responsible for coordinating such use with the station’s owner. The Authority will use its best efforts to maintain the station in its condition from the date of the notice to the date of withdrawal, but will not be responsible for any normal wear and tear during the withdrawal period, nor for any deterioration or destruction of the station outside of its control.