Covenants of Sublicensees Sample Clauses

Covenants of Sublicensees. (a) Licensee covenants and agrees that it shall cause any sublicense agreement entered into by it to contain, on the part of such sublicensee, covenants in favour of the University with respect to any obligations of the Licensee to the University, and that to the extent there exists an inconsistency between the sublicense agreement and this Agreement, any such inconsistency or conflict will be resolved in favour of this Agreement. In granting any sublicense hereunder, the Licensee undertakes to observe and perform any obligations of the sublicensee, to intent that none of the rights, entitlements or remedies of the University are impaired by the granting of such sublicense. The Licensee shall deliver to the University a true copy of such sublicense agreement upon execution and a copy of any subsequent amendment thereto, within thirty (30) days of its execution. The Licensee shall not be entitled to receive from any sublicensee any onsideration or matter of value in lieu of cash payments not otherwise part of Gross Revenue, in consideration for any sublicense under this Agreement, without the express prior written consent of the University.
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Related to Covenants of Sublicensees

  • Covenants of Both Parties The parties hereto agree that:

  • Covenants of the Parties The parties hereto agree that:

  • Covenants of Parties The Parties hereby covenant and agree as follows:

  • COVENANTS OF GRANTOR For the purpose of further securing the indebtedness secured hereby and for the protection of the security of this Security Deed, for so long as the indebtedness secured hereby or any part thereof remains unpaid, Grantor covenants and agrees as follows:

  • Covenants of Seller Seller covenants and agrees with Buyer as follows:

  • Covenants of Company In the event that any litigation with claims in excess of $1,000,000 to which the Company is a party which shall be reasonably likely to result in a material judgment against the Company that the Company will not be able to satisfy shall be commenced by an Owner, during the period beginning nine months following the commencement of such litigation and continuing until such litigation is dismissed or otherwise terminated (and, if such litigation has resulted in a final judgment against the Company, such judgment has been satisfied), the Company shall not make any distribution on or in respect of its membership interests to any of its members, or repay the principal amount of any indebtedness of the Company held by CFC, unless (i) after giving effect to such distribution or repayment, the Company's liquid assets shall not be less than the amount of actual damages claimed in such litigation or (ii) the Rating Agency Condition shall have been satisfied with respect to any such distribution or repayment. The Company will not at any time institute against the Trust any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations relating to the Certificates, the Notes, this Agreement or any of the Basic Documents.

  • Covenants of Sellers Sellers agree that:

  • Covenants of Party A (a) Unless the provisions set forth below under “Private Placement Procedures” shall be applicable, Party A shall use any Shares delivered by Party B to Party A on any Settlement Date to return to securities lenders to close out open Share loans created by Party A or an affiliate of Party A in the course of Party A’s or such affiliate’s hedging activities related to Party A’s exposure under this Confirmation.

  • Covenants of Party B Party B hereby covenants as follows:

  • COVENANTS OF LESSEE Lessee hereby covenants and agrees with Lessor as follows:

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