Common use of Operator Rights and Obligations Clause in Contracts

Operator Rights and Obligations. The right and obligation, under the terms of this Agreement and subject to direction by the COMMISSION, to manage and operate the Premises in an efficient manner, to ensure quality service and effective control, and to use the office in connection with the management and operation of the MBS International Airport Premises only. These rights and obligations are to be performed in an efficient manner to ensure quality service and effective revenue control. These rights do not entitle the Operator to collect any revenues related to parking areas not included with the Premises that are designated by the COMMISSION for parking operations or to create or develop new parking areas or facilities. Although these obligations will not diminish during the Base Term and Option Term, if exercised, the specific areas to which they apply may, in the COMMISSION's sole discretion, diminish or expand as provided for in this Agreement with an appropriate increase or decrease in the then current budget.

Appears in 2 contracts

Sources: Parking Facilities Management Agreement, Parking Facilities Management Agreement

Operator Rights and Obligations. The right and obligation, under the terms of this Agreement and subject to direction by the COMMISSION, to manage and operate the Premises in an efficient manner, to ensure quality service and effective control, and to use the office in connection with the management and operation of the MBS International Airport Premises only. These rights and obligations are to be performed in an efficient manner to ensure quality service and effective revenue control. These rights do not entitle the Operator OPERATOR to collect any revenues related to parking areas not included with the Premises that are designated by the COMMISSION for parking operations or to create or develop new parking areas or facilities. Although these obligations will not diminish during the Base Term and Option Term, if exercised, the specific areas to which they apply may, in the COMMISSION's sole discretion, diminish or expand as provided for in this Agreement with an appropriate increase or decrease in the then current budget.

Appears in 1 contract

Sources: Parking Facilities Management Agreement