In the event that the lease should be terminated because of any breach by the lessee, as herein provided, the annual rental payment last made by the lessee shall be forfeited and retained by the lessor as partial or total liquidated damages for said breach.

(Eff. 7/1/60, Register 1; am 8/15/64, Register 17; am 3/20/66, Register 22)

Authority: AS 38.05.020, AS 38.05.035, AS 38.05.075