Termination Options. (a) If the Heliport cease to function as an active heliport (i) for at least two (2) months as a result of government or legal ruling, or (ii) for at least six (6) consecutive months as a result of unsafe decking, as determined pursuant to Section 4.02(c), then Operator shall have the right to terminate this Agreement effective upon two (2) month’s written notice to Agreement Administrator, which may be given as soon as one week after said cessation begins, provided, however, that the parties agree to use commercially reasonable efforts to resolve any issues with respect to such cessation of operations prior to terminating this Agreement pursuant to this Section 7.04(a). (b) The City may terminate this Agreement upon twenty five (25) days prior written notice to Operator for any reason deemed by the City to be in its interest.
Appears in 2 contracts
Sources: Concession Agreement, Concession Agreement (Saker Aviation Services, Inc.)