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10. REVOCATION OF PERMIT OR LEASE. <br />-- 10.1 Grounds for Revocation. Unless otherwise provided in the lease <br />or permit, the Airport Manager may terminate any lease or revoke any permit <br />upon the happening of any of the following: <br />10.1.1 Failure of the operator to pay any rental, fee or other <br />charge when due and within seven (7) days after notice from the City <br />of such nonpayment; <br />10.1.2 Failure of the operator to comply with any provision of <br />these rules or with any provision of the lease or permit within thirty <br />(30) days after notice from the City specifying the nature of the defi- <br />ciency with reasonable particularity and the corrective action that is <br />to be taken within such period to cure the deficiency; <br />10.1.3 The filing by the operator of a voluntary petition in <br />bankruptcy or the filing of an involuntary petition in bankruptcy <br />against the operator and the failure of the operator~to dismiss such <br />proceeding within ninety (90) days after the filing; <br />10.1.4 The taking of possession of all or substantially all of <br />operator's assets pursuant to proceedings brought under the provisions <br />of any federal reorganization act and the failure of the operator to <br />secure the return of such assets and the dismissal of such proceedings <br />within ninety (90) days from the date of the takinmg of such possession; <br />10.1.5 The appointment of a receiver of all or substantially <br />all of operator's assets and the failure of operator to secure the re- <br />turn of its assets and the dismissal of such receivership proceeding <br />within ninety (90) days from the date of such appointment. <br />10.1.6 The taking of possession of the leased premises, or any <br />portion thereof, or all or substantially all of the assets of operator <br />by virtue of any attachment, execution or levy of any judicial process <br />in any action instituted against the operator in any court of competent <br />jurisdiction and the failure of the operator to secure the release of <br />such attachment, execution or levy within ninety (90) days from the date <br />of the taking of such possession; <br />10.1.7 The assignment by the operator of its assets for the bene- <br />fit of creditors; <br />10.1.8 The abandonment or discontinuance of any permitted opera- <br />tion for a period of thirty (30) days unless the discontinuance is <br />approved by the Airport Manager. Suspension of operation caused by <br />strike or work stoppage shall not be construed as abandonment; or, <br />10.1.9 The operator or its agents have intentionally supplied the <br />City with false or misleading information or misrepresentation of any <br />material fact on the application or documents, or in statements to or <br />___ before the City, or have intentionally filed to make full disclosure on <br />the financial statement or other required documents. <br />Administrative Order - 4 <br />