1888 Covenants Clause Samples

1888 Covenants. It is acknowledged and agreed that the license of the 1888 Rights to 1888 is being granted on the understanding and following covenants being given by 1888 that it will: 2.4.1 pay for expenses and provide financing for the Development and/or Improvement of the Licensed Assets and the Licensed Technology; 2.4.2 apply for and do all things necessary to obtain and maintain, as applicable, the Patents; and 2.4.3 complete the Development and Improvement to the Licensed Assets and deliver the Licensed Technology to Cielo to its satisfaction, acting reasonably, and in accordance with timing that is acceptable to Cielo, acting reasonably.