Common use of Additional Entities Clause in Contracts

Additional Entities. Licensee has notified Licensor that the following entity has an interest in the Licensee’s Facilities and related equipment because of financing arrangements: [INSERT NAME OF ENTITY]. If Licensor removes the Licensee’s Facilities or related equipment, Licensor must give written notice to the above entities at the addresses provided, informing them that Licensee’s Facilities or related property have been removed. Except for facilities already abandoned under Subsection 22.4., Licensor shall also inform these entities that the facilities will be deemed abandoned if they are not claimed and the following are not paid within thirty (30) Business Days: (i) outstanding restoration costs; (ii) storage fees; and (iii) other reasonable costs paid by Licensor.

Additional Entities. Licensee has notified Licensor that the following entity has an interest in the Licensee’s Facilities and related equipment because of financing arrangements: [INSERT NAME OF ENTITY]NOT APPLICABLE. If Licensor removes the Licensee’s Facilities or related equipment, Licensor must give written notice to the above entities at the addresses provided, informing them that Licensee’s Facilities or related property have been removed. Except for facilities already abandoned under Subsection 22.4., Licensor shall also inform these entities that the facilities will be deemed abandoned if they are not claimed and the following are not paid within thirty (30) Business Days: (i) outstanding restoration costs; (ii) storage fees; and (iii) other reasonable costs paid by Licensor.

Additional Entities. Licensee has notified Licensor that the following entity has an interest in the Licensee’s Facilities and related equipment because of financing arrangements: [INSERT NAME OF ENTITY]None. If Licensor removes the Licensee’s Facilities or related equipment, Licensor must give written notice to the above entities at the addresses provided, informing them that Licensee’s Facilities or related property have been removed. Except for facilities already abandoned under Subsection 22.4., Licensor shall also inform these entities that the facilities will be deemed abandoned if they are not claimed and the following are not paid within thirty (30) Business Days: (i) outstanding restoration costs; (ii) storage fees; and (iii) other reasonable costs paid by Licensor.