The Aviation Authority's Right to Purchase. If Company does not comply with its covenants made in paragraphs B or C of this Article 12, the Chief Executive Officer shall have the right, but not the obligation, to cause insurance as aforesaid to be issued, and in such event Company shall pay the premium for such insurance upon the Chief Executive Officer's demand.
Appears in 3 contracts
Samples: Concession Agreement, Concession Agreement, Package 3 Concession Agreement
The Aviation Authority's Right to Purchase. If Company does not comply with its covenants made in paragraphs B or C of this Article 1211, the Chief Executive Officer Director shall have the right, but not the obligation, to cause insurance as aforesaid to be issued, and in such event Company shall pay the premium for such insurance upon the Chief Executive OfficerDirector's demand.
Appears in 1 contract
Samples: Machine Concession Agreement
The Aviation Authority's Right to Purchase. If Company does not comply with its covenants made in paragraphs B or C of this Article 1211, the Chief Executive Officer shall have the right, but not the obligation, to cause insurance as aforesaid to be issued, and in such event Company shall pay the premium for such insurance upon the Chief Executive Officer's demand.
Appears in 1 contract
