Notice of Termination; Renewal Term. Unless otherwise terminated as provided herein, a prior written notice of at least three (3) months shall be given to Licensor by Licensee should Licensee desire to terminate this License and vacate the Licensed Premises at the expiration of the then-current Term. Subject to Licensee’s option to renew this License, should Licensor desire to terminate this License at the expiration of the then-current Term, a prior written notice of at least three (3) months shall be given by Licensor. Unless such notice is given by either party, this License shall automatically renew and continue in force from month to month (“Renewal Term”) at the same monthly License Fee that was in effect immediately before the expiration of the then-current Term, and subject to all the terms, conditions, and covenants herein contained. During any month-to-month occupancy as described above, neither party may terminate this License without giving at least sixty (60) days’ written notice to the other. Licensee’s rights to remain in occupancy after the Initial Term are nevertheless subject to the right of Licensor to remain in possession of the Property pursuant to the Lease. Nothing herein shall require Licensor to exercise any option that it may have to extend the term of the Lease, but Licensor shall give Licensee a notice of termination as provided above in the event that any option right of Licensor to extend the Lease term is not exercised and the Lease term is not otherwise extended.
