Assignment or Sale. The AIRPORT OPERATOR shall not assign this Agreement or any right hereunder to any person, corporation, or association without the prior written approval of the TOWN. The AIRPORT OPERATOR shall not sell or transfer this Agreement to any person, corporation, or association, without the prior written approval of the TOWN. Any such assignment shall be grounds, at the option of the TOWN, for the TOWN to immediately terminate this Agreement.
Appears in 2 contracts
Sources: Airport Management Agreement, Airport Management Agreement