Common use of Judicial Council Approval Clause in Contracts

Judicial Council Approval. Licensee acknowledges that the Judicial Council is relying upon the unique expertise and capability of Licensee. Any assignment of this SLA shall be subject to the Judicial Council’s written approval, which approval shall not be unreasonably withheld. Licensee shall provide the Judicial Council with sixty (60) calendar days’ written notice of each proposed assignment that requires the Judicial Council’s approval. Licensee must include in such notice supporting documentation sufficient to demonstrate to the reasonable satisfaction of the Judicial Council that such proposed assignee has both the financial capacity and the technical and managerial ability to perform the duties and obligations required under this SLA at a level equal to or exceeding Licensee's ability (an entity having such capacity and ability is a “Qualified Purchaser”). If the Judicial Council determines in its reasonable judgment that those standards are satisfied, the Judicial Council shall approve such proposed assignment. In the event the Judicial Council determines in its reasonable judgment that standards are not satisfied, the Judicial Council shall promptly give Licensee written notice of the Judicial Council’s determination and Licensee shall be prohibited from making such assignment. The Judicial Council shall notify Licensee within thirty (30) calendar days after the Judicial Council’s receipt of Licensee’s notice of a proposed assignment as to whether or not the Judicial Council approves the proposed assignment.

Appears in 6 contracts

Samples: Site License Agreement, Site License Agreement, Site License Agreement

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Judicial Council Approval. Licensee acknowledges that the Judicial Council is relying upon the unique expertise and capability of Licensee. Any assignment of this SLA shall be subject to the Judicial Council’s written approval, which approval shall not be unreasonably withheld. Licensee shall provide the Judicial Council with sixty (60) calendar days’ written notice of each proposed assignment that requires the Judicial Council’s approval. Licensee must include in such notice supporting documentation sufficient to demonstrate to the reasonable satisfaction of the Judicial Council that such proposed assignee has both the financial capacity and the technical and managerial ability to perform the duties and obligations required under this SLA at a level equal to or exceeding Licensee's ’s ability (an entity having such capacity and ability is a “Qualified Purchaser”). If the Judicial Council determines in its reasonable judgment that those standards are satisfied, the Judicial Council shall approve such proposed assignment. In the event the Judicial Council determines in its reasonable judgment that standards are not satisfied, the Judicial Council shall promptly give Licensee written notice of the Judicial Council’s determination and Licensee shall be prohibited from making such assignment. The Judicial Council shall notify Licensee within thirty (30) calendar days after the Judicial Council’s receipt of Licensee’s notice of a proposed assignment as to whether or not the Judicial Council approves the proposed assignment.

Appears in 3 contracts

Samples: Site License Agreement, Site License Agreement, Site License Agreement

Judicial Council Approval. Licensee acknowledges that the Judicial Council is relying upon the unique expertise and capability of Licensee. Any assignment of this SLA shall be subject to the Judicial Council’s written approval, which approval shall not be unreasonably withheld. Licensee shall provide the Judicial Council with sixty (60) calendar days’ written notice of each proposed assignment that requires the Judicial Council’s approval. Licensee must include in such notice supporting documentation sufficient to demonstrate to the reasonable satisfaction of the Judicial Council that such proposed assignee has both the financial capacity and the technical and managerial ability to perform the duties and obligations required under this SLA at a level equal to or exceeding Licensee's ’s ability (an entity having such capacity and ability is a “Qualified Purchaser”). If the Judicial Council determines in its reasonable judgment that those standards are satisfied, the Judicial Council shall approve such proposed assignment. In the event the Judicial Council determines in its reasonable judgment that standards are not satisfied, the Judicial Council shall promptly give Licensee written notice of the Judicial Council’s determination and Licensee shall be prohibited from making such assignment. The Judicial Council shall notify Licensee within thirty (30) calendar days after the Judicial Council’s receipt of Licensee’s notice of a proposed assignment as to whether or not the Judicial Council approves the proposed assignment.. 12

Appears in 1 contract

Samples: Site License Agreement

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Judicial Council Approval. Licensee acknowledges that the Judicial Council is relying upon the unique expertise and capability of Licensee. Any assignment of this SLA shall be subject to the Judicial Council’s written approval, which approval shall not be unreasonably withheld. Licensee shall provide the Judicial Council with sixty (60) calendar days’ written notice of each proposed assignment that requires the Judicial Council’s approval. Licensee must include in such notice supporting documentation sufficient to demonstrate to the reasonable satisfaction of the Judicial Council that such proposed assignee has both the financial capacity and the technical and managerial ability to perform the duties and obligations required under this SLA at a level equal to or exceeding Licensee's ’s ability (an entity having such capacity and ability is a “Qualified Purchaser”). If the Judicial Council determines in its reasonable judgment that those standards are satisfied, the Judicial Council shall approve such proposed assignment. In the event the Judicial Council Council‌ determines in its reasonable judgment that standards are not satisfied, the Judicial Council shall promptly give Licensee written notice of the Judicial Council’s determination and Licensee shall be prohibited from making such assignment. The Judicial Council shall notify Licensee within thirty (30) calendar days after the Judicial Council’s receipt of Licensee’s notice of a proposed assignment as to whether or not the Judicial Council approves the proposed assignment.

Appears in 1 contract

Samples: Site License Agreement

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