Common use of Commencement of Operation Clause in Contracts

Commencement of Operation. Board has purchased the Business Assets and will operate the FBO beginning November 1, 2002. EENT agrees that as soon as practicable, and no later than December 1, 2002, it will commence operations of the FBO and take possession of the Leased Premises as set forth in the FBO Agreement.

Appears in 2 contracts

Sources: Fbo Agreement and Hangar Lease (Energy & Engine Technology Corp), Fbo Agreement and Hangar Lease (Energy & Engine Technology Corp)