Common use of Tenant's Right to Close Facilities Clause in Contracts

Tenant's Right to Close Facilities. Provided that no Default or Event of Default (except pursuant to Section 12.1(e)) shall have occurred and be continuing, Tenant shall have the right at any time and from time to time, to cease its operations in any or all of the Facilities. Nothing herein shall entitle Tenant to any reduction in Rent or diminish any of Tenant's other obligations, including without limitation obligations to (x) maintain and insure any and all facilities, and (y) surrender each Facility upon expiration or sooner termination of the Term with all Tenant's Personal Property in place.