Common use of Review and Renewal Clause in Contracts

Review and Renewal. This Agreement shall be reviewed as needed. In the event a new Agreement is more appropriate than an amendment, as provided herein, the Licensee holding the original Agreement shall have the first right of refusal for the subsequent Agreement involving the same Facility, provided such new Agreement is to be effected within the temporary timeframe specified herein, unless such right is abrogated by the Licensee’s material breach coincidental to the need for such subsequent Agreement.

Appears in 4 contracts

Samples: Licensed Operator Facility Agreement, Operator Facility Agreement, Facility Agreement

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