Common use of Termination and Reletting Clause in Contracts

Termination and Reletting. Should there occur an early termination of this Agreement pursuant to the terms of this Agreement, Authority shall have the right to reenter the Operations Areas of Operator, make repairs necessary, and enter into another agreement for lease of the Operations Areas, or any part thereof, for the remainder of the term hereof. In the event of such early termination, Operator shall remain liable for such payments whether or not another Agreement is entered into, Authority's responsibility being in mitigation of damages as provided herein.

Appears in 2 contracts

Samples: Concession Agreement, Valet Parking Concession Agreement

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Termination and Reletting. Should there occur an early termination of this Agreement pursuant due to Operator’s breach of the terms of this Agreement, Authority shall have the right to reenter the Operations Areas of Operator, make repairs necessary, and enter into another agreement for lease of the Operations Areas, or any part thereof, for the remainder of the term hereof. In the event of such early termination, Operator shall remain liable for such payments whether or not another Agreement is entered into, Authority's responsibility being in mitigation of damages as provided herein.

Appears in 2 contracts

Samples: Valet Parking Concession Agreement, Valet Parking Concession Agreement

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