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CANCELLATION <br />This AGREEMENT may be cancelled by the Authority in accordance with Article VI Sec- <br />tion 6.3 of the Liability Risk Coverage Agreement by receipted deJivery to the Insured <br />CiTY au the address shown in this AGREEMENT, w?itten notice stating when not lass <br />than sixty days thereafter such cancellation shall be effective,' provided that, if the in- <br />sured fails to d'~scharGe when due any of its obligations in connection with the payment <br />for this AGREEMENT or any installment thereof, extension or credit, this AGREEMENT <br />may be cancelled by the Authority in accordance with Ar[ic{e VI Section (~.3 of the <br />Liability R~sk Coverage Agreement, by receipted delivery to the Insured CITY at the ad- <br />dress shown in the AGREEMENT, written notice when not less than ten days thereafter <br />such cancellation shall be effective. <br /> <br />The time of surrender or the effective date and hour of cance{lation stated in the notice <br />shall become the end of the coverage period. <br /> <br />BiCEP 31918B f'- 10 <br /> <br /> <br />