Compliance with Exclusive License Agreements Sample Clauses

Compliance with Exclusive License Agreements. Tenant hereby expressly acknowledges and agrees that Landlord intends to enter into various license agreements or other similar agreements in connection with the Shopping Center whereby Landlord will grant exclusive licenses to third parties for the use of certain products or brand names that will be required to be sold in the Shopping Center (by way of example, but not by way of limitation, a license may require that specific brand name soda beverages will be the exclusive soda beverages for the Shopping Center). Tenant further expressly agrees and acknowledges that Tenant's use of the Premises shall at all times be subject to any such licenses/agreements regardless of whether or not such licenses/agreements were entered into as of the Effective Date; provided, however, in no event shall any such licenses/agreements limit the merchandise that Tenant is permitted to sell as provided in Section 1.13. To the extent Landlord enters into any such licenses/agreements, Landlord will provide at least thirty (30) days prior written notice to Tenant in the event the Tenant's use of the Premises will be affected by such licenses/agreements.
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Compliance with Exclusive License Agreements. Notwithstanding anything in this Lease to the contrary, Tenant expressly understands and agrees that Landlord intends to enter into various license agreements or other similar agreements with third parties to allow exclusive use of certain products or brand names that will be required to be sold within the Shopping Center (for example, but without limitation, Landlord may enter into an agreement that only specific brand name credit cards will be used throughout the Shopping Center). Tenant expressly agrees and acknowledges that Tenant's use of the Premises shall at all times be subject to any such third party agreements regardless of whether or not such agreements were entered into as of the Effective Date hereof. Landlord agrees that Landlord shall provide Tenant with at least thirty (30) days written notice prior to the date Tenant use will be affected by any such agreements.
Compliance with Exclusive License Agreements. Tenant hereby expressly acknowledges and agrees that Landlord has entered into or intends to enter into various license agreements or other similar agreements in connection with the H&H Project whereby Landlord will grant exclusive licenses to third parties whereby certain products and/or brand names and/or services will be required to be sold, offered, and/or advertised in the H&H Project (by way of example, but not by way of limitation, a license may require that specific brand name soda beverages will be the exclusive soda beverages for the H&H Project, that a specific brand name bottled water will be the exclusive bottled water for the H&H Project, that a specific brand name film will be the exclusive film for the H&H Project, and/or that a specific film processing service shall be the exclusive service for the H&H Project). Tenant further expressly agrees and acknowledges that the Permitted Use shall at all times be subject to any such licenses/agreements regardless of whether or not such licenses/agreements were entered into as of the Execution Date. The agreements in effect as of the Execution Date ("Existing Agreements") are summarized below; to the extent Landlord enters into any subsequent licenses/agreements, Landlord will provide at least thirty (30) days prior written notice to Tenant in the event the Permitted Use will be affected by such licenses/agreements. The Existing Agreements are:

Related to Compliance with Exclusive License Agreements

  • Compliance with Agreements Promptly and fully comply with all Contractual Obligations to which any one or more of them is a party, except for any such Contractual Obligations (a) the nonperformance of which would not cause a Default or Event of Default, (b) then being contested by any of them in good faith by appropriate proceedings, or (c) if the failure to comply therewith could not reasonably be expected to have a Material Adverse Effect.

  • Compliance with Agreement Buyer shall have performed and complied in all material respects with all of its obligations under this Agreement which are to be performed or complied with by it prior to or on the Closing Date.

  • License Agreements (a) Each Borrower and Guarantor shall (i) promptly and faithfully observe and perform all of the material terms, covenants, conditions and provisions of the material License Agreements to which it is a party to be observed and performed by it, at the times set forth therein, if any, (ii) not do, permit, suffer or refrain from doing anything that could reasonably be expected to result in a default under or breach of any of the terms of any material License Agreement, (iii) not cancel, surrender, modify, amend, waive or release any material License Agreement in any material respect or any term, provision or right of the licensee thereunder in any material respect, or consent to or permit to occur any of the foregoing; except, that, subject to Section 9.19(b) below, such Borrower or Guarantor may cancel, surrender or release any material License Agreement in the ordinary course of the business of such Borrower or Guarantor; provided, that, such Borrower or Guarantor (as the case may be) shall give Agent not less than thirty (30) days prior written notice of its intention to so cancel, surrender and release any such material License Agreement, (iv) give Agent prompt written notice of any material License Agreement entered into by such Borrower or Guarantor after the date hereof, together with a true, correct and complete copy thereof and such other information with respect thereto as Agent may request, (v) give Agent prompt written notice of any material breach of any obligation, or any default, by any party under any material License Agreement, and deliver to Agent (promptly upon the receipt thereof by such Borrower or Guarantor in the case of a notice to such Borrower or Guarantor and concurrently with the sending thereof in the case of a notice from such Borrower or Guarantor) a copy of each notice of default and every other notice and other communication received or delivered by such Borrower or Guarantor in connection with any material License Agreement which relates to the right of such Borrower or Guarantor to continue to use the property subject to such License Agreement, and (vi) furnish to Agent, promptly upon the request of Agent, such information and evidence as Agent may reasonably require from time to time concerning the observance, performance and compliance by such Borrower or Guarantor or the other party or parties thereto with the material terms, covenants or provisions of any material License Agreement.

  • Compliance with Law and Agreements; Maintenance of Licenses The Borrower shall comply, and shall cause each Subsidiary to comply, in all material respects with all Requirements of Law of any Governmental Authority having jurisdiction over it or its business (including the Federal Fair Labor Standards Act and all Environmental Laws). The Borrower shall, and shall cause each of its Subsidiaries to, obtain and maintain all licenses, permits, franchises, and governmental authorizations necessary to own its property and to conduct its business as conducted on the Closing Date. The Borrower shall not modify, amend or alter its certificate or articles of incorporation or bylaws, other than in a manner which does not adversely affect the rights of the Lenders or the Agent.

  • Compliance with Agreements and Conditions Buyer shall have performed and complied with all material agreements and conditions required by this Agreement to be performed or complied with by Buyer prior to or on the Closing Date.

  • Compliance with Material Agreements Borrower shall, and shall cause each of its Subsidiaries to, comply in all material respects with all Senior Documents, material agreements, indentures, mortgages or documents binding on it or affecting its properties or business.

  • Compliance with Agreements and Covenants Purchaser shall have performed and complied in all material respects with all of its covenants, obligations and agreements contained in this Agreement to be performed and complied with by it on or prior to the Closing Date.

  • Termination of License Agreement Without limiting the generality of the foregoing, in the event that the License Agreement is terminated in accordance with its terms, this Agreement, including without limitation any Purchase Order(s) or Project Work Orders then-in-effect, shall automatically terminate in its entirety as of the effective date of termination of the License Agreement.

  • Sublicense Agreements Sublicenses shall be granted only pursuant to written agreements, which shall be subject and subordinate to the terms and conditions of this Agreement. Such Sublicense agreements shall contain, among other things, provisions to the following effect:

  • PATENT LICENSE AGREEMENT EXCLUSIVE PHS and Licensee agree as follows:

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