Common use of Compliance by Subsidiaries Clause in Contracts

Compliance by Subsidiaries. Each of Leopard Parent and Dragon Parent shall cause Leopard (and its Subsidiaries) and Dragon (and its Subsidiaries), respectively, to comply with their obligations under this Agreement (and guarantees such performance and any liabilities of such Persons arising from a breach hereof, which guarantee shall be immediate and shall not be contingent upon the exercise or enforcement by Mammoth or the Company of whatever remedies they may have against Leopard (and its Subsidiaries) and/or Dragon (and its Subsidiaries)).

Appears in 5 contracts

Samples: Investor Rights Agreement (Lionsgate Studios Corp.), Voting and Standstill Agreement (Screaming Eagle Acquisition Corp.), Investor Rights Agreement

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