Common use of Joinder to License Agreements Clause in Contracts

Joinder to License Agreements. On the Initial Closing Date, (A) either (I) the Company shall cause the Chilean Subsidiary to enter into a joinder to the ADS License Agreement whereby the Chilean Subsidiary becomes a licensee under the ADS License Agreement or (II) ADS Parent and the Chilean Subsidiary shall enter into a license agreement substantially in the form of the ADS License Agreement (with appropriate adjustments, including to licensing fee amounts thereunder, mutually approved by ADS and Tigre) and (B) either (I) the Company shall cause the Chilean Subsidiary to enter into a joinder to the Tigre License Agreement whereby the Chilean Subsidiary becomes a licensee under the Tigre License Agreement or (II) Tigre Parent and the Chilean Subsidiary shall enter into a license agreement substantially in the form of the Tigre License Agreement (with appropriate adjustments, including to licensing fee amounts thereunder, mutually approved by ADS and Tigre).

Joinder to License Agreements. On the Initial Closing Date, (A) either (I) the Company shall cause the Chilean Brazilian Subsidiary to enter into a joinder to the ADS License Agreement whereby the Chilean Brazilian Subsidiary becomes a licensee under the ADS License Agreement or (II) ADS Parent and the Chilean Brazilian Subsidiary shall enter into a license agreement substantially in the form of the ADS License Agreement (with appropriate adjustments, including to licensing fee amounts thereunder, mutually approved by ADS and Tigre) and (B) either (I) the Company shall cause the Chilean Brazilian Subsidiary to enter into a joinder to the Tigre License Agreement whereby the Chilean Brazilian Subsidiary becomes a licensee under the Tigre License Agreement or (II) Tigre Parent and the Chilean Brazilian Subsidiary shall enter into a license agreement substantially in the form of the Tigre License Agreement (with appropriate adjustments, including to licensing fee amounts thereunder, mutually approved by ADS and Tigre).

Joinder to License Agreements. On the Initial Argentina Closing Date, (A) either (I) the Company shall cause the Chilean Argentine Subsidiary to enter into a joinder to the ADS License Agreement whereby the Chilean Argentine Subsidiary becomes a licensee under the ADS License Agreement or (II) ADS Parent and the Chilean Argentine Subsidiary shall enter into a license agreement substantially in the form of the ADS License Agreement (with appropriate adjustments, including to licensing fee amounts thereunder, mutually approved by ADS and Tigre) and (B) either (I) the Company shall cause the Chilean Argentine Subsidiary to enter into a joinder to the Tigre License Agreement whereby the Chilean Argentine Subsidiary becomes a licensee under the Tigre License Agreement or (II) Tigre Parent and the Chilean Argentine Subsidiary shall cause Tigre Parent to enter into a license agreement substantially in the form of the Tigre License Agreement (with appropriate adjustments, including to licensing fee amounts thereunder, mutually approved by ADS and Tigre).

Joinder to License Agreements. On the Initial Colombia Closing Date, (A) either (I) the Company shall cause the Chilean Colombian Subsidiary to enter into a joinder to the ADS License Agreement whereby the Chilean Colombian Subsidiary becomes a licensee under the ADS License Agreement or (II) ADS Parent and the Chilean Colombian Subsidiary shall enter into a license agreement substantially in the form of the ADS License Agreement (with appropriate adjustments, including to licensing fee amounts thereunder, mutually approved by ADS and Tigre) and (B) either (I) the Company shall cause the Chilean Colombian Subsidiary to enter into a joinder to the Tigre License Agreement whereby the Chilean Colombian Subsidiary becomes a licensee under the Tigre License Agreement or (II) Tigre Parent and the Chilean Colombian Subsidiary shall enter into a license agreement substantially in the form of the Tigre License Agreement (with appropriate adjustments, including to licensing fee amounts thereunder, mutually approved by ADS and Tigre).