Grant of License and Right to Sublicense. The City does hereby license to Licensee, and Licensee does hereby license from the City, the use of that area or areas within the City Hall Building, and/or that portion of the prem- ises outside the City Hall Building, which are specifically identified in Section 2 below (the “Site”). The actual location of the area or areas within the City Hall Building and, if applicable, the outside premises, which comprise the Site licensed for use by the License pursuant to this Agreement, is described and depicted in the City Hall Policy. The Site is licensed solely for the purposes of the Event described in Section 2 below. As condition to the issuance of license for use of the Site, the Licensee agrees to comply with all of the requirements set forth in the City Hall Rental Policy, which is incorporated herein as a part of this Agreement. Licensee hereby acknowledges receipt of a copy of the City Hall Rental Policy prior to the execution of this Agreement. IF THE INTRODUCTORY BOX TO THIS PARAGRAPH IS APPROPRIATELY CHECKED, then in addition to the license granted herein, the City hereby grants to the Licensee the right to sublicense the use of the Site to such vendors, concessionaires, entertainers exhibitors or other entities (the “Sub-Licensees”), which are neces- sary or desirable to hold the Event, provided the City has approved the Sub-licensee for the Event. The Licensee shall provide to the City the name each the Sub-Licensee and such other information as may be required no later than 10 days before the Event. The City reserves the right to deny in its sole discretion the approval of any Sub-Licensee for the Event. The Licensee may not sub-license the Site, or any portion thereof, to another overall producer or promoter without the written consent of the City.
Grant of License and Right to Sublicense. 2.1. LICENSE TO PROMOTE, MARKET AND DISTRIBUTE CLEARING 21. Subject to the exceptions set forth in Sections 2.4, 3.4 and 3.5 hereof, Licensors hereby grant to Licensee and Licensee hereby accepts from Licensors, in accordance with the terms and conditions of this Agreement, an exclusive, non-transferable, worldwide license to promote and market the CLEARING 21 Base Product and Derivative Works to Prospective Users and to license and distribute the CLEARING 21 Base Product and Derivative Works to each such Prospective User, without the right to further sublicense or distribute the same, solely for use in connection with the clearing and settlement of contracts, securities and financial instruments traded or cleared through the facilities of each such Prospective User; provided, however, that each such Prospective User shall have first executed a written agreement which complies in all material respects with the requirements set forth in Section 3.6 hereof. Licensee's duties under this Agreement may be performed by ATOS-Euronext, a corporation organized and existing under the laws of France duly registered with the Trade Registry of Paris under number B 425 100 294 and having its registered offices Palais de la Bourse, Xxxxx xx xx Xxxxxx 00000 Xxxxx, as a subcontractor. SBF agrees that its use of ATOS-Euronext as a subcontractor shall not release it from any duties or responsibilities hereunder and that SBF shall remain responsible to Licensors for such performance as if it had directly performed hereunder.
Grant of License and Right to Sublicense. (a) Licensor hereby grants to Licensee a non-exclusive, non-transferable (except as contemplated herein), worldwide license to access and use the Prosper System, including, without limitation, all software, intellectual property and other property of the Licensor comprising the Prosper System, including any and all associated logos, trademarks and tradenames (the “License”). Licensor further grants to Licensee, without restriction, the right to sublicense any portion of the rights (up to and including all rights) afforded to the Licensee by the Licensor with respect to the License; provided, that, (i) upon request, the Licensee shall provide the Licensor with details of any sublicenses granted, (ii) any sublicense granted by the Licensee shall terminate when the License granted by the Licensor to the Licensee terminates, and (iii) Licensee shall be responsible for all such sublicensees’ compliance with Licensee’s duties and obligations set forth in this Agreement with respect to the License. Licensor hereby ratifies any sublicenses granted prior to the date hereof in accordance with the terms of this Agreement and Licensor’s actions taken pursuant to such sublicenses. Licensee shall use the Prosper System exclusively (A) for and in the course of the fulfillment by Licensee of its duties as Corporate Administrator, Loan Platform Administrator and Loan and Note Servicer pursuant to Articles III, IV and V hereof for so long as such Articles of this Agreement remain in full force and effect and so long as Licensee continues timely to pay the License Fee, (B) for and in the course of its facilitation of Borrower Loan originations and fundings by the Bank for so long as the Licensee is contractually bound to facilitate such lending by the Bank and continues to pay the License Fee, and (C) as otherwise mutually agreed upon by Licensor and Licensee. If a third party succeeds the Licensee as Corporate Administrator, Loan Platform Administrator or Loan and Note Servicer under this Agreement or pursuant to any other Agreement of Licensor following termination of Licensee in such capacity hereunder, then such third party shall also automatically be granted a license hereunder, in order to enable such third party to fulfill its duties in such capacity under Articles III, IV or V hereof, as applicable, and thereafter such third party shall be deemed a Licensee for purposes of such provisions, and the License granted to the initial Licensee shall automatically be restric...
Grant of License and Right to Sublicense
