SUSPENSION AND ABATEMENT Sample Clauses

SUSPENSION AND ABATEMENT. In the event that Lessor's operation of the Airport or Lessee's operation at the Airport should be restricted substantially by action of any court of competent jurisdiction or by action of the federal government or any agency thereof, or by action of the State of Michigan or any agency thereof, then either party hereto shall have the right, upon written notice to the other, to a suspension of this Agreement and an abatement of a just proportion of the services and facilities to be afforded hereunder, or a just proportion of the payments to become due hereunder, from the time of such notice until such restriction shall have been remedied and normal operations restored. Ascertainment of all matters under this Article shall be determined by agreement or by arbitration as provided in Article XVII hereof.
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SUSPENSION AND ABATEMENT. In the event that County’s operation of the Airport or Stadium Authority’s operation from the Premises should be restricted substantially by action of the federal government or agency thereof or by any judicial or legislative body, then either party hereto will have the right, upon written notice to the other, to a suspension of this Agreement and an abatement of an equitable proportion of the payments to become due hereunder, from the time of such notice until such restrictions will have been remedied and normal operations restored.
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SUSPENSION AND ABATEMENT. 66 -ii- TABLE OF CONTENTS (cont'd) PAGE(S) ARTICLE XVII ARBITRATION . . . . . . . . . . . . . . . . . . . . . . . . 67 ARTICLE XVIII INDEMNITY . . . . . . . . . . . . . . . . . . . . . . . . . . 69 ARTICLE XIX INSURANCE . . . . . . . . . . . . . . . . . . . . . . . . . 70
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SUSPENSION AND ABATEMENT. Notwithstanding anything to the contrary herein contained, it is expressly agreed that either party hereto shall be relieved of its obligations hereunder in the event and to the extent that performance hereof is delayed or prevented by any cause reasonably beyond its control, including, without limitations acts of God, public enemies, war, insurrection and acts or orders of governmental authorities, or by fire, flood, explosion, riots, or strikes; provided, however, that nothing herein contained shall require either party hereto to accede to demands of labor unions or to demands of its employees which it considers unreasonable. In the event USAir's operations at the SITE should be restricted, substantially by acts or orders of governmental authorities, then either party shall have the right, upon written notice to the other, to a suspension of this Agreement and an abatement of a just proportion of the payments to become due hereunder, from the time of such notice until such restrictions shall have been remedied and normal operations restored.
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SUSPENSION AND ABATEMENT. . . . . . . . . . . . . . . . 60
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SUSPENSION AND ABATEMENT. If City’s operation of Airport or TBITEC’s operations at the Airport should be substantially restricted by action of any competent governmental authority with sovereignty over City, either party hereto shall have the right, upon written notice to the other, to a suspension of this Agreement and an abatement of a just proportion of the services and facilities to be afforded hereunder, or a just proportion of the rental to become due hereunder from the time of such notice until such restriction shall have been removed; provided, however, that the obligation to pay Fees hereunder shall not be abated and shall be absolute and unconditional. In the event that the Equipment may be required by the United States for use in connection with national defense, City, in addition to any other options to terminate, may immediately suspend this Agreement in its entirety by giving to TBITEC written notice, if possible; provided, however, that the obligation to pay Fees hereunder shall not be abated and shall be absolute and unconditional.
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SUSPENSION AND ABATEMENT. In the event that City’s operation of the Facility, through no fault of the City, or TCC’s operation at the Minimum Standards Program, through no fault of TCC, should be restricted substantially by action of the Federal Government, or any agency thereof, or by action of the State of Florida, or any agency thereof, then either party hereto shall have the right, upon written notice to the other, to a suspension of this Agreement and an abatement of a just proportion of the services and facilities to be afforded hereunder, from the time of such notice until such restriction shall have been remedied and normal operations restored.
Sample 1
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Related to SUSPENSION AND ABATEMENT

  • Suspension of Obligations Without prejudice to the foregoing, so long as a Party shall be in default in payment or performance to the other Party under the Agreement and the other Party has not exercised its rights under this Section 8, or, if "Adequate Assurances" is specified as applying to the Agreement in Part XI of the Schedule, during the pendency of a reasonable request to a Party for adequate assurances of its ability to perform its obligations under the Agreement, the other Party may, at its election and without penalty, suspend its obligation to perform under the Agreement.

  • Suspension and Termination Schedule 6 shall have effect.

  • Amendment, Suspension and Termination To the extent permitted by the Plan, this Agreement may be wholly or partially amended or otherwise modified, suspended or terminated at any time or from time to time by the Administrator or the Board, provided that, except as may otherwise be provided by the Plan, no amendment, modification, suspension or termination of this Agreement shall adversely affect the Option in any material way without the prior written consent of Participant.

  • Effect of Termination and Abandonment In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII, no party to this Agreement shall have any liability or further obligation to any other party hereunder except (a) as set forth in Sections 8.03 and 9.01 and (b) that termination will not relieve a breaching party from liability for any willful breach of this Agreement giving rise to such termination.

  • Termination and Suspension Customer is entitled to suspend the performance of its obligations in whole or in part or terminate the Agreement with immediate effect, without prejudice to its right to claim damages and without any compensation to or indemnification of Supplier (i) in case Supplier has been declared bankrupt, is in a state of liquidation, has ceased or suspended whole or a substantial part of its business, is subject of a court order or preventative legal scheme of settlement, (ii) in case of non- compliance with the Compliance Requirements or the provisions of safety, health, environment and security or (iii) in case of not approved changes pursuant to article 10. After such termination Customer may return received Goods and/or Services in whole or partly against repayment and retransfer of ownership therein to Supplier.

  • Conditions to Effectiveness of Agreement This Agreement shall become effective on the date (the "Effective Date") each of the following conditions precedent is satisfied:

  • Suspension of Covenants (a) During any period of time following the Issue Date that (i) the Notes have Investment Grade Ratings from both Rating Agencies, and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Company and its Restricted Subsidiaries shall not be subject to the following provisions of this Indenture:

  • Regulatory Suspension and Termination (i) If the Executive is suspended from office and/or temporarily prohibited from participating in the conduct of the Employer’s affairs by a notice served under Section 8(e)(3) (12 U.S.C. § 1818(e)(3)) or 8(g) (12 U.S.C. § 1818(g)) of the FDIA, the Employer’s obligations under this contract shall be suspended as of the date of service, unless stayed by appropriate proceedings. If the charges in the notice are dismissed, the Employer may in its discretion (A) pay the Executive all or part of the compensation withheld while their contract obligations were suspended and (B) reinstate (in whole or in part) any of the obligations which were suspended.

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