Common use of Non-Termination Clause in Contracts

Non-Termination. Except as otherwise expressly provided in this Agreement, this Agreement shall not terminate, nor shall either Party’s interest in the Shared Facilities be extinguished, lost, conveyed or otherwise impaired, in whole or in part, by any cause or for any reason whatsoever, including (a) any damage to or destruction of all or any part of the Shared Facilities or the taking of the Shared Facilities or any portion thereof by condemnation, requisition, eminent domain or otherwise, (b) any default in the performance or the observance by any Party of any of their respective covenants and agreements to be performed and observed by such Party hereunder, (c) the insolvency, bankruptcy, reorganization or similar proceedings by or against any Party, or (d) any other reason whatsoever, whether similar or dissimilar to any of the foregoing.

Appears in 2 contracts

Sources: Shared Facilities Agreement, Shared Facilities Agreement