Common use of License; Use Clause in Contracts

License; Use. The Parties acknowledge that the State of West Virginia Division of Motor Vehicles may be experiencing delays in the processing of motor vehicle dealer licenses. The Seller hereby agrees that the Buyer may use the Seller’s licenses required under the laws of the State of West Virginia to operate the Business for a period of not more than 60 days after the Closing Date (and the Seller shall maintain all such licenses during such period). As a material inducement to the Seller to permit the Purchaser’s use of such licenses: (a) Buyer agrees that it will use best efforts to obtain its own licenses with the State of West Virginia as promptly as practicable , and (b) Buyer hereby agrees to indemnify and hold Seller, its respective affiliates, and their respective owners, managers, members, controlling persons, directors, officers, and employees (collectively, the “Seller Indemnified Parties”) harmless from and against any cost or liability, including reasonable attorneys’ fees, incurred by any Seller Indemnified Party in connection with or as a result of the Buyer’s use of the Seller’s licenses. Upon the Effective Date, the Seller will provide Buyer with a copy of the Seller’s DMV and other state and county regulatory licenses. Buyer agrees to add the Seller to its general liability insurance coverage as an additional insured during the term of the License Use Agreement. To effect the Purchaser’s use of the Seller’s license as contemplated hereby, the Seller agrees at the Closing to enter into a license use and indemnification agreement sufficient to satisfy applicable law for such license use in the form of Exhibit B hereto (the “License Use Agreement”).

License; Use. The Parties acknowledge that the State of West Virginia Division of Motor Vehicles may be experiencing delays in the processing of motor vehicle dealer licenses. The Seller hereby agrees that the Buyer may use the Seller’s licenses required under the laws of the State of West Virginia to operate the Business for a period of not more than 60 days 60days after the Closing Date (and the Seller shall maintain all such licenses during such period). As a material inducement to the Seller to permit the Purchaser’s use of such licenses: (a) Buyer agrees that it will use best efforts to obtain its own licenses with the State of West Virginia as promptly as practicable , and (b) Buyer hereby agrees to indemnify and hold Seller, its respective affiliates, and their respective owners, managers, members, controlling persons, directors, officers, and employees (collectively, the “Seller Indemnified Parties”) harmless from and against any cost or liability, including reasonable attorneys’ fees, incurred by any Seller Indemnified Party in connection with or as a result of the Buyer’s use of the Seller’s licenses. Upon the Effective Date, the Seller will provide Buyer with a copy of the Seller’s DMV and other state and county regulatory licenses. Buyer agrees to add the Seller to its general liability insurance coverage as an additional insured during the term of the License Use Agreement. To effect the Purchaser’s use of the Seller’s license as contemplated hereby, the Seller agrees at the Closing to enter into a license use and indemnification agreement sufficient to satisfy applicable law for such license use in the form of Exhibit B hereto (the “License Use Agreement”).