Common use of Licensee Termination Right Clause in Contracts

Licensee Termination Right. Termination of this Agreement may be exercised by Licensee at any time on 30 days’ prior notice without further liability if Licensee cannot obtain all necessary rights, postponements and approvals required from any governmental authority and/or any third party to operate the telecommunications facility on conditions satisfactory to Licensee, or if any such right or approval expires, or is cancelled or terminated, or if for any other reason (e.g., interference with Licensee’s signals, damage or destruction, site decommissioning) Licensee determines, in its discretion, that it will no longer use the Licensed Area or license rights for any of their intended purposes. Upon termination of this Agreement, all prepaid License Fees shall be adjusted to theeffective date of termination.

Appears in 2 contracts

Sources: License Agreement, License Agreement