Common use of Term and Renewals Clause in Contracts

Term and Renewals. (a) The Service Term for the License shall be as set forth in the accepted Service Order, which, in turn, shall be governed by the relevant provision of the Agreement. The foregoing notwithstanding, in no event shall any Service Order and/or License be construed to extend beyond the term of the Master Lease or beyond the term of Licensor’s superior interest in each Facility. No provision of this License shall impose any obligation on Licensor to exercise any option to renew the Master Lease, to extend its tenancy under the Master Lease or to cause the Master Landlord not to exercise any right it may have to terminate the Master Lease.