Common use of Exception to Termination upon Sale or Other Transfer of Business Clause in Contracts

Exception to Termination upon Sale or Other Transfer of Business. If Retailer is an entity that has a legal identity apart from its owner, and a transfer of 100% of its ownership interests occurs by operation of law because of the death of the owner or owners, Lottery may, in its sole discretion, not terminate the Contract if:

Exception to Termination upon Sale or Other Transfer of Business. If Retailer is an entity that has a legal identity apart from its owner, and a transfer of 100% of its ownership interests occurs by operation of law because of the death of the owner or owners, Lottery may, in its sole discretion, not terminate the Contract if:if:‌