Common use of Termination by Reason Clause in Contracts

Termination by Reason. of Lessee Default or Non-Performance. This Agreement may be terminated at the option of Lessor without further notice if (i) Lessee fails to make a payment required by Section V and such breach continued uncured for a period of ten (10) consecutive days after written notice of such breach; (ii) Lessee does not commence transmission over the Modified Station within one (1) year after the FCC grants the Modification Application unless such failure is beyond Lessee's reasonable control.

Termination by Reason. of Lessee Default or Non-Performance. This Agreement may be terminated at the option of Lessor without further notice if (iI) Lessee fails to make a payment required by Section V and such breach continued uncured for a period of ten (10) consecutive days after written notice of such breach; (ii) Lessee does not commence transmission over the Modified Station within one (1) year after the FCC grants the Modification Application unless such failure is beyond Lessee's reasonable control.