Common use of Interruption of Business Clause in Contracts

Interruption of Business. If the business of any Licensed Locations subject to this Agreement is substantially interrupted by reason of a major remodeling, fire, other casualty, or any other cause not the fault of Licensee, and such interruption substantially and adversely affects the business of Licensee in such Licensed Location, then, from and after such interruption and until the cause thereof has been corrected or eliminated, the fees due Licensor hereunder for such Licensed Locations shall be equitably reduced or abated to the extent agreed between the parties.

Appears in 15 contracts

Samples: License Agreement (Herbst Gaming Inc), License Agreement (Herbst Gaming Inc), License Agreement (Herbst Gaming Inc)

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