Common use of Involuntary Termination Due to Changes in Legal Requirements Clause in Contracts

Involuntary Termination Due to Changes in Legal Requirements. It is the understanding and intention of the Parties that the development, construction and operation of the Facilities shall conform to and comply with all Legal Requirements and Applicable Law. If during the term of this Agreement, the Facilities or any material aspect of the Enterprise within each respective Facility is identified for enforcement by the Congress of the United States, the Department of Justice of the United States of America or any other federal agency, and the Parties are not able to reasonably resolve the issues giving rise to the determination that the Enterprise is unlawful, all prior obligations of payment for services previously rendered shall remain in full force and effect, the further obligations of the Parties hereto shall cease (and this Agreement shall be of no further force and effect with respect to such further obligations); provided that:

Appears in 4 contracts

Samples: Development Agreement (STWC. Holdings, Inc.), Management Agreement (STWC. Holdings, Inc.), Management Agreement (STWC. Holdings, Inc.)

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