T erm. The License shall be for a term of six months commencing effective as of June 10, 2020. Either party shall have the right to terminate this License by providing the other party with no less than 30 days’ prior written notice. Such notice shall specify the date that the License shall terminate. Notwithstanding the foregoing or any other provision herein, the parties acknowledge and agree that Licensor retains the right, at any time, to terminate this License by written notice to Licensee if such termination is required under the applicable Rules or any amendment, replacement, or supplement thereto, or in the event Licensor determines, in Licensor’s discretion, that Licensee has failed to manage and operate the Premises in accordance with the Rules. Any such termination shall not relieve the Licensee of the obligations of Licensee hereunder that have occurred or accrued hereunder prior to the termination.
Appears in 5 contracts
Samples: Management Agreement, License and Management Agreement, License and Management Agreement
