Common use of Termination by Authority Clause in Contracts

Termination by Authority. (i) Without prejudice to the right of Authority to terminate the SFM Agreement in accordance with sub-Article 21.1.3 below on account of the Facility Manager’s Event of Default, Authority shall be entitled to determine and terminate the SFM Agreement, where the Station Area is required for Authority’s or the MOR/Railway Administration’s own use. (ii) In such event, notwithstanding anything to the contrary, Authority shall be entitled to determine and terminate the SFM Agreement by giving a 60 (sixty) day, or such other period as specified in SCSFMA, termination notice and the provisions of Article 21.1.4, shall not be applicable to any such termination, and Authority shall not be required to issue the Notice of Intention to Terminate, in respect of such termination.

Termination by Authority. (i) Without prejudice to the right of Authority to terminate the SFM Agreement in accordance with sub-Article 21.1.3 below on account of the Facility Manager’s Manager‘s Event of Default, Authority shall be entitled to determine and terminate the SFM Agreement, where the Station Area is required for Authority’s Authority‘s or the MOR/Railway Administration’s Administration‘s own use. (ii) In such event, notwithstanding anything to the contrary, Authority shall be entitled to determine and terminate the SFM Agreement by giving a 60 (sixty) day, or such other period as specified in SCSFMA, termination notice and the provisions of Article 21.1.4, shall not be applicable to any such termination, and Authority shall not be required to issue the Notice of Intention to Terminate, in respect of such termination.

Termination by Authority. (i) Without prejudice to the right of Authority to terminate the SFM Agreement in accordance with sub-Article 21.1.3 below on account of the Facility Manager’s Event of Default, Authority shall be entitled to determine and terminate the SFM Agreement, where the Station Area is required for Authority’s or the MOR/Railway Administration’s own use. (ii) In such event, notwithstanding anything to the contrary, Authority shall be entitled to determine and terminate the SFM Agreement by giving a 60 (sixty) day, or such other period as specified in SCSFMA, termination notice and the provisions of Article 21.1.4, shall not be applicable to any such termination, and Authority shall not be required to issue the Notice of Intention In,tention to Terminate, in respect of such termination.