Common use of Application for New Licenses Clause in Contracts

Application for New Licenses. Buyer shall be responsible, at its expense, for preparing, filing and prosecuting all applications before Governmental Authorities for the transfer or re-issuance of the Liquor Licenses at the Hotels to Buyer (or Buyer’s nominee) following Closing. Sellers shall cooperate with Buyer in such applications as Buyer may reasonably request. If Buyer elects to engage as its legal counsel in prosecuting any such applications the counsel used by Sellers or any Liquor Licensee in connection with obtaining or maintaining the existing Liquor Licenses, Sellers hereby consent (and, if necessary, shall cause the applicable Liquor Licensee to consent) to Buyer’s engagement of such counsel and shall waive (and cause the applicable Liquor Licensee to waive) any conflict of interest which may arise between such counsel’s representation of Buyer and the prior or current representation of any Seller or any Liquor Licensee.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Capital Lodging)

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Application for New Licenses. Buyer shall be responsible, at its expense, for preparing, filing and prosecuting all applications before Governmental Authorities for the transfer or re-issuance of the Liquor Licenses License at the Hotels Hotel to Buyer (or Buyer’s nominee) its nominee following Closing. Sellers Seller shall cooperate with Buyer in such applications as Buyer may reasonably requestrequest (but without any obligation on the part of Seller to incur out-of-pocket expense or liability in doing so). If Buyer elects to engage as its legal counsel in prosecuting any such applications the counsel used by Sellers Seller or any Liquor Licensee in connection with obtaining or maintaining the existing Liquor Licenses, Sellers Seller hereby consent consents (and, if necessary, shall cause the applicable Liquor Licensee to consent) to Buyer’s engagement of such counsel and shall waive (and cause the applicable Liquor Licensee to waive) any conflict of interest which may arise between such counsel’s representation of Buyer and the prior or current representation of any Seller or any the Liquor Licensee.

Appears in 1 contract

Samples: Joint Escrow Instructions (Marcus Corp)

Application for New Licenses. Buyer shall be responsible, at its expense, for preparing, filing and prosecuting all applications before Governmental Authorities for the transfer or re-issuance of the Liquor Licenses at the Hotels to Buyer (or Buyer’s 's nominee) following Closing. Sellers shall cooperate with Buyer in such applications as Buyer may reasonably request. If Buyer elects to engage as its legal counsel in prosecuting any such applications the counsel used by Sellers or any Liquor Licensee in connection with obtaining or maintaining the existing Liquor Licenses, Sellers hereby consent (and, if necessary, shall cause the applicable Liquor Licensee to consent) to Buyer’s 's engagement of such counsel and shall waive (and cause the applicable Liquor Licensee to waive) any conflict of interest which may arise between such counsel’s 's representation of Buyer and the prior or current representation of any Seller or any Liquor Licensee.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Capital Lodging)

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Application for New Licenses. Buyer shall be responsible, at its expense, for preparing, filing and prosecuting all applications before Governmental Authorities for the transfer or re-issuance of the Liquor Licenses at the Hotels to Buyer (or Buyer’s 's nominee) following Closing). Sellers shall cooperate with Buyer in such applications as Buyer may reasonably request. If Buyer elects to engage as its legal counsel in prosecuting any such applications the counsel used by Sellers or any Liquor Licensee in connection with obtaining or maintaining the existing Liquor Licenses, Sellers hereby shall have the right to consent (which consent shall not be unreasonably withheld), and, if necessary, shall cause the applicable Liquor Licensee to consent) to Buyer’s 's engagement of such counsel and if Seller consents shall waive (and cause the applicable Liquor Licensee to waive) any conflict of interest which may arise between such counsel’s 's representation of Buyer and the prior or current representation of any Seller or any Liquor Licensee.

Appears in 1 contract

Samples: Domain Name Assignment Agreement (Capital Lodging)

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