Common use of Termination of License Clause in Contracts

Termination of License. If Licensor ceases to do business in any of the Licensed Locations for any reason whatsoever, this License Agreement shall terminate as to the Licensed Locations where such business is discontinued, effective at the time of such discontinuance, and thereafter the license fees payable under this Agreement will be reduced pro rata for the affected Licensed Locations. This License Agreement will continue to apply to all remaining Licensed Locations.

Termination of License. If Licensor ceases to do business in any of the Licensed Locations for any reason whatsoever, this License Agreement shall terminate as to the Licensed Locations where such business is discontinued, effective at the time of such discontinuance, and thereafter the no license fees shall be payable under this Agreement will be reduced pro rata with respect to the Licensed Locations at which Licensor ceases to do business. If Licensor ceases to do business in a location other than at the end of a calendar month, the license fee for the affected Licensed Locationsmonth in which business ceases shall be prorated. This License Agreement will continue to apply to all remaining Licensed Locations.