Recommencement of Operations. If the Enterprise, or construction and development of a Facility on a correlating Property, is prohibited by Applicable Law for a period of two (2) years or more, this Agreement may be terminated by either Party with respect to that Facility and Property, and STWC shall be entitled to only so much of the Development Fee as was due and payable at or before the time of cessation of the Enterprise or development. Any such termination shall not affect any other Facilities or Properties covered under this Agreement.
Appears in 4 contracts
Samples: Development Agreement (STWC. Holdings, Inc.), Management Agreement (STWC. Holdings, Inc.), Management Agreement (STWC. Holdings, Inc.)
