Common use of Termination upon Destruction or Other Casualty Clause in Contracts

Termination upon Destruction or Other Casualty. In the event the Operations Areas, or any part thereof, shall be destroyed or damaged in whole or in part by fire, water or any other cause, or if unforeseen occurrence shall likewise render the fulfillment of this Agreement by Authority impossible, then either party, at its sole option, may terminate this Agreement. Operator shall pay all fees, rental, costs, and satisfy all of its obligations hereunder arising prior to the time of such termination, whereupon this Agreement shall terminate and the parties shall be relieved of all further obligation hereunder other than those which expressly survive expiration or termination of this Agreement. Operator hereby waives any claim for damages or compensation should this Agreement be so terminated.

Appears in 2 contracts

Samples: Valet Parking Concession Agreement, Valet Parking Concession Agreement

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Termination upon Destruction or Other Casualty. In the event the Operations Areas, or any part thereof, shall be destroyed or damaged in whole or in part by fire, water or any other cause, or if unforeseen occurrence shall likewise render the fulfillment of this Agreement by Authority impossible, then either partyAuthority, at its sole option, may terminate this Agreement. Operator shall pay all fees, rental, costs, and satisfy all of its obligations hereunder arising prior to the time of such termination, whereupon this Agreement shall terminate and the parties shall be relieved of all further obligation hereunder other than those which expressly survive expiration or termination of this Agreement. Operator hereby waives any claim for damages or compensation should this Agreement be so terminated.

Appears in 2 contracts

Samples: Services Concession Agreement, Valet Parking Concession Agreement

Termination upon Destruction or Other Casualty. In the event the Operations AreasAssigned Area, or any part thereof, shall be destroyed or damaged in whole or in part by fire, water or any other cause, or if unforeseen occurrence shall likewise render the fulfillment of this Agreement by Authority impossible, then either partyAuthority, at its sole option, may terminate this Agreement. Operator Concessionaire shall pay all fees, rental, costs, and satisfy all of its obligations hereunder arising prior to the time of such termination, whereupon this Agreement shall terminate and the parties shall be relieved of all further obligation hereunder other than those which expressly survive expiration or termination of this Agreement. Operator Concessionaire hereby waives any claim for damages or compensation should this Agreement be so terminated.

Appears in 2 contracts

Samples: Lease and Concession Agreement, Lease and Concession Agreement

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Termination upon Destruction or Other Casualty. In the event the Operations AreasAssigned Premises or Airport, or any part portion thereof, shall be destroyed or damaged in whole or in part by fire, water or any other cause, or if unforeseen occurrence shall likewise render the fulfillment of this Agreement by Authority County impossible, then either partyCounty, at its sole option, may terminate this Agreement. Operator shall pay all fees, rental, costs, rental and costs and satisfy all of its obligations hereunder arising prior to the time of such termination, whereupon this Agreement shall terminate and the parties shall be relieved of all further obligation obligations hereunder other than those which that expressly survive expiration or termination of this Agreement. Operator hereby waives any claim for damages or compensation should this Agreement be so terminated, including consequential damages.

Appears in 1 contract

Samples: Transportation Services Agreement

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