Licensor’s Control Over Quality Sample Clauses

Licensor’s Control Over Quality. Licensee agrees that Licensor has the right to control the quality of Licensed Products, and that Licensor has sole discretion (not to be unreasonably exercised) to determine in good faith whether the Licensed Products meet the quality standards of this Article. If Licensor determines the quality standards of this Article have not been met, Licensor shall notify Licensee in writing of the details of such quality failure. Licensee shall take immediate measures to correct the failure. In the event the Licensee disagrees with Licensor’s determination of a quality failure, Licensee has a right within the seven (7) working days after receipt of Licensor’s written notice of quality failure to notify Licensor of such disagreement and submit the sole issue of whether or not Licensor has reasonably determined there exists a quality failure to arbitration pursuant to this Agreement. In the event the quality failure, which is or may give rise to material adverse consequence, is not corrected, Licensor may consider such a material default or breach, and this Agreement will be subject to termination as provided in Article 9.
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Licensor’s Control Over Quality. Licensee agrees that Licensor has the right to control the quality of Licensed Products, and that Licensor has sole discretion (not to be unreasonably exercised) to determine in good faith whether the Licensed Products meet the quality standards of this Article. If Licensor determines the quality standards of this Article have not been met, Licensor shall notify Licensee in writing of the details of such quality failure and provide Licensee a reasonable time frame to correct the failure, but in no event shall the time to correct the failure exceed sixty (60) days after notice or thirty (30) days after any arbitration decision, whichever is later. In the event the Licensee disagrees that the Licensor's determination of a quality failure is reasonable, Licensee has a right within the first thirty (30) days after receipt of Licensor's written notice of quality failure to notify Licensor of such disagreement and submit the sole issue of whether or not Licensor has reasonably determined there exists a quality failure to arbitration pursuant to this Agreement. In the event the quality failure is not corrected, Licensor may consider such a material default or breach, and this Agreement will be subject to termination as provided in Article 9.

Related to Licensor’s Control Over Quality

  • Direction to Account Debtors; Contracting Parties; etc Upon the occurrence and during the continuance of an Event of Default, if the Collateral Agent so directs (acting on the instructions of the requisite percentage of Holders in accordance with the Indenture) any Assignor, such Assignor agrees (x) to cause all payments on account of the Accounts and Contracts to be made directly to the Cash Collateral Account, (y) that the Collateral Agent may, but has no obligation to, directly notify the obligors with respect to any Accounts and/or under any Contracts to make payments with respect thereto as provided in the preceding clause (x), and (z) that the Collateral Agent may enforce collection of any such Accounts and Contracts and may adjust, settle or compromise the amount of payment thereof, in the same manner and to the same extent as such Assignor. Without notice to or assent by any Assignor, the Collateral Agent may, upon the occurrence and during the continuance of an Event of Default, apply any or all amounts then in, or thereafter deposited in, the Cash Collateral Account toward the payment of the Secured Obligations in the manner provided in Section 7.4 of this Agreement. The reasonable costs and expenses of collection (including reasonable attorneys’ fees), whether incurred by an Assignor or the Collateral Agent, shall be borne solely by the relevant Assignor. The Collateral Agent shall deliver a copy of each notice referred to in the preceding clause (y) to the relevant Assignor, provided that (x) the failure by the Collateral Agent to so notify such Assignor shall not affect the effectiveness of such notice or the other rights of the Collateral Agent created by this Section 3.3 and (y) no such notice shall be required if an Event of Default of the type described in Section 7.01(i) or (j) of the Indenture has occurred and is continuing.

  • Quality Control A. Controlled Affiliate agrees to use the Licensed Marks and Name only in connection with the licensed services and further agrees to be bound by the conditions regarding quality control shown in attached Exhibit A as they may be amended by BCBSA from time-to-time.

  • Information Systems Acquisition Development and Maintenance Security of System Files. To protect City Information Processing Systems and system files containing information, Service Provider will ensure that access to source code is restricted to authorized users whose specific job function necessitates such access.

  • Product Quality 4.1 The following provisions shall apply to Product after Production:

  • Management Reporting (a) Provide periodic reports, in accordance with agreed upon frequency and content parameters, to the Funds. As reasonably requested by the Funds, the Transfer Agent shall furnish ad hoc reports to the Funds.

  • IRS Real Estate Sales Reporting Buyer and Seller agree that Escrow Agent shall act as “the person responsible for closing” the transaction which is the subject of this Agreement pursuant to Section 6045(e) of the Code and shall prepare and file all informational returns, including without limitation, IRS Form 1099-S, and shall otherwise comply with the provisions of Section 6045(e) of the Code.

  • Millennium Compliance Borrower shall take all action necessary to assure that there will be no material adverse change to Borrower's business by reason of the advent of the year 2000, including without limitation that all computer-based systems, embedded microchips and other processing capabilities effectively recognize and process dates after April 1, 1999, except for personal office computers and network stations which will be compliant by October 1, 1999. At FINOVA's request, Borrower shall provide to FINOVA assurance reasonably acceptable to FINOVA that Borrower's computer-based systems, embedded microchips and other processing capabilities are year 2000 compatible.

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