Common use of Application and License Fees Clause in Contracts

Application and License Fees. The parties anticipate the submission of the licensing applications listed on Schedule 12.11 to be submitted to MED and the applicable city, county, municipal or other local Governmental Authority following the execution of this Agreement, and Buyer agrees to pay all such application and marijuana licensing fees associated with such transfer of ownership of such Regulatory Licenses. Buyer and Seller agree to use reasonable efforts to obtain all such Regulatory Licenses; provided, that (a) Buyer will not be required to take or omit to take any action in furtherance thereof that would be adverse to the business or operations of Parent, any Affiliate of Parent or the Business and (b) Seller will not, without the prior consent of Buyer, take or omit to take any action in furtherance thereof that would be adverse to the business or operations of Seller.