LICENSOR’S COVENANTS Clause Samples

LICENSOR’S COVENANTS. LICENSOR shall timely comply with all terms and conditions of the Prime Lease throughout the term of the applicable SLA. LICENSOR shall not take any action that would cause a default under or result in early termination of the Prime Lease. Upon the receipt by LICENSOR of a notice of default under such Prime Lease that, in the LICENSOR’s sole opinion, will adversely impact LICENSEE, LICENSOR shall promptly provide notice to LICENSEE. LICENSOR shall not take any action that would result in early termination of any Prime Lease during the term of the applicable SLA. If LICENSOR or an Affiliate or Subsidiary acquires the interest of the Owner in the Premises or Site, the merger of the Prime Lease will not cause a termination of the SLA.

LICENSOR’S COVENANTS. The Licensor hereby agrees, undertakes and covenants with the Licensee as follows: (a) that upon the Licensee observing and performing the stipulations and covenants herein contained to be observed and performed by it, the Licensee shall during the period of this Agreement, use and occupy the Premises without interference from the Licensor or any person or persons claiming under or through it; (b) that the Licensor has the sole and absolute possession of the Premises, has proper title to the Premises and has the full power and absolute right and authority to grant unto the Licensee the Premises to use the same for its business activities; (c) that there is no mortgage, charge, encumbrance, impediment or restraint or injunction against the Licensor or in respect of the premises that would in any way affect the Licensee’s rights under this Agreement. Further, the Licensor undertakes that it shall not, during the subsistence of this Agreement, create any charge, mortgage or other encumbrance over the Premises or assign, transfer or otherwise deal with the Premises in such a manner so as to prejudice the rights of the Licensee hereunder; (d) That it has obtained comprehensive insurance policy/ies designed to cover all risks associated with the Premises and shall provide a copy of such insurance policy/ies to the Licensee on the date of execution hereof . The Licensor further undertakes that it shall duly and promptly pay all premiums / fees in connection with the said insurance policy/ies during the subsistence of this Agreement; (e) that the Licensor shall install back to back standby diesel generators to enable the said generators to generate adequate power and support for the entire Premises including the electricity requirements of the Licensee; (f) subject to Clause 6, that the Licensor shall bear all the expenses towards maintenance and upkeep in relation to the air-conditioning provided by the Licensor; (g) Subject to applicable local and municipal regulations, that the Licensee shall be entitled to put up nameplates and signages in respect of its business at such places in the Premises as may seem appropriate to the Licensee; (h) that the Licensor shall, in the event of termination/expiry of this Agreement, and simultaneously upon the peaceful vacation of the Premises (duly debonded) by the Licensee, refund to the Licensee the whole of the Security Deposit subject to and as provided in Clause 3.2 above; (i) that the Licensor has obtained all the requis...

LICENSOR’S COVENANTS. The Licensor covenants with the Licensee as follows:

LICENSOR’S COVENANTS. The Licensor covenants as follows: (a) To operate, repair and maintain the Building and Building systems in a safe and proper operating condition and in accordance with accepted building industry standards; (b) To use the same standard of care to protect the Licensee’s Wires and Licensee’s Telecommunications Equipment that the Licensor would use with its own property; (c) Not to damage, tamper, interfere or connect to Licensee’s Wires and Licensee’s Telecommunications Equipment; (d) That any consent or approval of the Licensor pursuant to the terms of this License shall not be unreasonably withheld, conditioned or delayed; (e) If the operation of other equipment or the activities of third parties in or in respect of the Building interferes with the operation of Licensee’s Wires or Licensee’s Telecommunications Equipment, the Licensor shall, to the extent that it is commercially reasonable, upon being provided by the Licensee with written notice and reasonable particulars concerning the nature of the interference, extend reasonable efforts to assist the Licensee in obtaining removal or amelioration of the interference within a time frame that is appropriate having regard to the nature and extent of the interference; and (f) The Licensor shall immediately notify the Licensee in the event of any sale, conveyance, assignment or transfer (collectively, a “Transfer”) of all or part of a Building (the “Subject Building”). Upon any Transfer, the Licensor will use commercially reasonable efforts to cause the transferee to execute and deliver to the Licensee an agreement whereby the transferee agrees to assume and be bound by all the rights and obligations of the Licensor as set out herein as they apply to the Subject Building as if the transferee was an original signatory hereof (the “Assumption”). Upon the date any such sale or Assumption becomes effective, the Licensor shall be released from its obligations under this Agreement in respect of the Subject Building (save and except for any outstanding obligations arising hereunder prior to such sale or Assumption).

LICENSOR’S COVENANTS. The Licensor covenants that, subject to the terms of this Agreement, neither the Licensor (or any of its assignees thereof) nor any of its Affiliates shall take or cause to be taken any action contrary to the Licensee’s rights under this Agreement to use, and have quiet enjoyment of, the Marks within the Territory. Without limiting the generality of the foregoing, the Licensor shall use reasonable endeavours to ensure that any contract for the sale by the Licensor or its Affiliates of Products using the BOLS VODKA ▇▇▇▇ outside the Territory shall incorporate clauses which prevent the counterparty to such contract from actively selling Products using the BOLS VODKA ▇▇▇▇ into the Territory.

LICENSOR’S COVENANTS. 4.1 The Licensor shall allow the Licensee access to and egress from the Premises over the Licensor’s adjoining land (if applicable).

LICENSOR’S COVENANTS. The Licensor covenants with the Licensee as follows: a) that the Licensee will peaceably and quietly have, hold, use, occupy, exclusively possess and enjoy the Licence without interruption or disturbance on the part of the Licensor or anyone claiming through or under the Licensor; b) to observe and perform all of the covenants and obligations of the Licensor under this Licence; c) The Licensor will cover the heat and lights costs necessary for the Licensee to run the Food Bank on the Premises during the Term; d) The Licensor will provide snow plowing services to ▇▇▇▇▇▇ ▇▇▇▇ in accordance with the Licensor's Snow Plan; e) The Licensor will identify and designate parking spaces for disabled persons; f) The Licensor will plow the parking area designated for the Centre; g) The Licensor will maintain the entrance to the Centre and keep it free from snow and ice; and h) The Licensor will maintain the infrastructure systems, which include heating, lights, electrical, ventilation, plumbing and sprinkler as part of its regular maintenance of the Centre.

LICENSOR’S COVENANTS. The Licensor pledges as under: 4.1. Licensor grants to the Licensee an exclusive and non-transferrable license for a term as mentioned in Article 3 of this agreement to install LED display signage for advertising, promoting and merchandizing various products and services to Targeted audiences, subject to the terms and conditions set out in this Agreement. 4.2. That, any information and statements/disclosure made by the Licensee in KYC at Appendix I is true and accurate and is known to the fact that the false disclosure in any of the above documents shall tantamount to rejection of the same and further this agreement shall not come into effect;

LICENSOR’S COVENANTS. The Licensor will at all times during the continuance of this Licence (and any holding over period) retain possession of and full control over Premises and in particular, but not limited to, will at all times by itself its servants and agents have full and free access thereto for such purposes as it may see fit.