Termination by City. Subject to Subparagraph 18D, and without limiting any other rights and remedies to which City may be entitled at common law, statutory law, or as elsewhere provided in this Lease, this Lease may be terminated by City if Lessee: i. Is in arrears in paying the Rent, fees, or other charges due under this Lease for thirty (30) calendar days after written notice, or such other time as may be provided herein; ii. Makes a general assignment for the benefit of creditors; iii. Abandons the Premises. “Abandon” shall mean failing to use the Premises for a period in excess of one (1) year without notice to or coordination with the City. “Failure to Use the Premises” shall be interpreted as failure to conduct the agreed upon aeronautical uses as set forth in Paragraph 8 of this Lease. Failure to furnish utilities to the building in excess of one (1) year will be considered prima facie
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Samples: Ground Lease and Hangar Development Agreement, Ground Lease and Hangar Development Agreement, Ground Lease and Hangar Development Agreement
Termination by City. Subject to Subparagraph 18D, and without limiting any other rights and remedies to which City may be entitled at common law, statutory law, or as elsewhere provided in this Lease, this Lease may be terminated by City if Lessee:
i. Is in arrears in paying the Rent, fees, or other charges due under this Lease for thirty (30) calendar days after written notice, or such other time as may be provided herein;
ii. Makes a general assignment for the benefit of creditors;
iii. Abandons the Premises. “Abandon” shall mean failing to use the Premises for a period in excess of one (1) year without notice to or coordination with the City. “Failure to Use the Premises” shall be interpreted as failure to conduct the agreed upon aeronautical uses as set forth in Paragraph 8 of this Lease. Failure to furnish utilities to the building in excess of one (1) year will be considered prima facieset
Appears in 2 contracts
Samples: Ground Lease and Hangar Development Agreement, Ground Lease and Hangar Development Agreement
Termination by City. Subject to Subparagraph 18D, and without limiting any other rights and remedies to which City may be entitled at common law, statutory law, or as elsewhere provided in this Lease, this Lease may be terminated by City if Lessee:
i. Is in arrears in paying the Rent, fees, or other charges due under this Lease for thirty (30) calendar days after written notice, or such other time as may be provided herein;
ii. Makes a general assignment for the benefit of creditors;
iii. Abandons the Premises. “Abandon” shall mean failing to use the Premises for a period in excess of one (1) year without notice to or coordination with the City. “Failure to Use the Premises” shall be interpreted as failure to conduct the agreed upon aeronautical uses as set forth in Paragraph 8 9 of this Lease. Failure to furnish utilities to the building in excess of one (1) year will be considered prima facie
Appears in 1 contract
Termination by City. Subject to Subparagraph 18D19D, and without limiting any other rights and remedies to which City may be entitled at common law, statutory law, or as elsewhere provided in this Lease, this Lease may be terminated by City if Lessee:
i. Is in arrears in paying the Rent, fees, or other charges due under this Lease for thirty (30) calendar days after written notice, or such other time as may be provided herein;
ii. Makes a general assignment for the benefit of creditors;
iii. Abandons the Premises. “Abandon” shall mean failing to use the Premises for a period in excess of one (1) year without notice to or coordination with the City. “Failure to Use the Premises” shall be interpreted as failure to conduct the agreed upon aeronautical uses as set forth in Paragraph 8 9 of this Lease. Failure to furnish utilities to the building in excess of one (1) year will be considered prima faciefacie evidence of abandonment by the Lessee.
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