Common Contracts
2 similar Lease Agreement contracts
TITLE 14—COAST GUARD Page 92Lease Agreement • November 21st, 2019
aids to navigation (hereafter in this section re- ferred to as ‘‘ATON’’) sites, vessel traffic service (hereafter in this section referred to as ‘‘VTS’’) sensor sites, or National Distress System (here- after in this section referred to as ‘‘NDS’’) high level antenna sites. These lease agreements shall include cancellation and termination pro- visions to the extent necessary to protect the best interests of the United States. Cancellation payment provisions may include consideration of both recurring and nonrecurring costs associ- ated with the real property interests under the contract. These lease agreements may provide for a cancellation payment to be made. Amounts that were originally obligated for the cost of the contract may be used for cancellation or termi- nation costs.
TITLE 14—COAST GUARD Page 92Lease Agreement • November 21st, 2019
aids to navigation (hereafter in this section re- ferred to as ‘‘ATON’’) sites, vessel traffic service (hereafter in this section referred to as ‘‘VTS’’) sensor sites, or National Distress System (here- after in this section referred to as ‘‘NDS’’) high level antenna sites. These lease agreements shall include cancellation and termination pro- visions to the extent necessary to protect the best interests of the United States. Cancellation payment provisions may include consideration of both recurring and nonrecurring costs associ- ated with the real property interests under the contract. These lease agreements may provide for a cancellation payment to be made. Amounts that were originally obligated for the cost of the contract may be used for cancellation or termi- nation costs.
