Common use of Deterioration or Discontinuance of Business Clause in Contracts

Deterioration or Discontinuance of Business. (1) In the event that XStream discontinues operating its business, this Agreement shall terminate as of the last day of the month on which it ceases operation with the same force and effect as if such last day of the month were originally set as the termination date hereof; provided, however, that a reorganization or merger of XStream shall not be deemed a termination of its business.

Deterioration or Discontinuance of Business. (1) In the event that XStream Xstream discontinues operating its business, this Agreement shall terminate as of the last day of the month on which it ceases operation with the same force and effect as if such last day of the month were originally set as the termination date hereof; provided, however, that a reorganization or merger of XStream Xstream shall not be deemed a termination of its business.