Common use of Destruction of Property Clause in Contracts

Destruction of Property. a. If Licensee’s property or the Premises are destroyed or damaged so as, in Licensee’s judgment, to hinder the effective use of Licensee’s equipment, Licensee may elect to terminate the License as of the date of the damage or destruction by so notifying licensor in writing not more than forty-five (45) days following the date of the damage. In such event, all rights and obligations of the parties shall cease as of the date of the damage ore destruction and Licensee shall be entitled to the reimbursement of any License Fee prepaid by Licensee. b. Licensor shall not be responsible or liable for any damage to Licensee’s equipment on account of power failure, lack of heat, weather conditions, lack of equipment maintenance by Licensor or other uses of the radio site, natural and man-made phenomena such as skip interference, power line and ignition noise, inter-modulation, co-channel interference, and interference from users of the same or other frequencies, or any other cause of damage or interference to Licensee’s equipment.