Common use of Obligation of Agreement Clause in Contracts

Obligation of Agreement. In the event of the termination of this Agreement by the Licensee without first having obtained the approval of the University pursuant to section III.C above, or abandonment of the Premises by the Licensee, the Licensee shall have the right to be released from this Agreement if an eligible and suitable replacement is found, who shall assume Licensee’s rent and meal plan obligations under this Agreement, pursuant to campus regulations and with the consent of the University, whose consent shall not unreasonably be withheld.

Appears in 3 contracts

Samples: License Agreement, License Agreement, License Agreement

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Obligation of Agreement. In the event of the termination of this Agreement by the Licensee without first having obtained the approval of the University pursuant to section III.C above, or abandonment of the Premises by the Licensee, the Licensee shall have the right to be released from this Agreement if an eligible and suitable replacement is found, who shall assume Licensee’s rent and meal plan obligations under this Agreement, pursuant to campus regulations and with the consent of the University, whose consent shall not unreasonably be withheld.

Appears in 2 contracts

Samples: License Agreement, License Agreement Summer 2022

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Obligation of Agreement. In the event of the termination of this Agreement by the Licensee without first having obtained the approval of the University pursuant to section III.C above, or abandonment of the Premises by the Licensee, the Licensee shall have the right to be released from this Agreement if an eligible and suitable replacement is found, who shall assume Licensee’s rent and meal plan obligations under this Agreement, pursuant to campus regulations and with the consent of the University, whose consent shall not unreasonably be withheld.

Appears in 1 contract

Samples: License Agreement

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