Common use of Effect of Default Clause in Contracts

Effect of Default. Notwithstanding anything to the contrary herein, in the event Tenant shall default under this Lease or any Other Agreement, the Airport Director may immediately reinstate the MAG, without giving to Tenant the benefit of any notice or right to cure as may otherwise be provided under this Lease or Other Agreement.

Appears in 29 contracts

Sources: Lease Agreement, Lease Agreement, Lease Agreement

Effect of Default. Notwithstanding anything to the contrary herein, in the event Tenant shall default under this Lease or any Other AgreementLease, the Airport Director may immediately reinstate the MAG, without giving to Tenant the benefit of any notice or right to cure as may otherwise be provided under this Lease or Other AgreementLease.

Appears in 4 contracts

Sources: Lease Agreement, Lease Agreement, Lease Agreement