Common use of Owner’s Limited License Upon Design-Builder’s Default Clause in Contracts

Owner’s Limited License Upon Design-Builder’s Default. If this Agreement is terminated due to Design-Builder’s default pursuant to Section 15.2 or 15.6 and Owner has fully satisfied all of its obligations under the Contract Documents through the time of Design-Builder’s default, then Design-Builder shall grant Owner a limited license to use the Work Product in connection with Owner’s completion, occupancy, operation, maintenance and repair of the Plant. This limited license grants Owner the ability to repair the Plant at Owner’s discretion.

Appears in 2 contracts

Samples: License Agreement (ASAlliances Biofuels, LLC), License Agreement (ASAlliances Biofuels, LLC)

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Owner’s Limited License Upon Design-Builder’s Default. If this Agreement is terminated due to Design-Builder’s 's default pursuant to Section 15.2 or 15.6 11.2 of the General Conditions of Contract and (i) it is determined that Design-Builder was in default and (ii) Owner has fully satisfied all of its obligations under the Contract Documents through the time of Design-Builder’s defaultDocuments, then Design-Builder shall grant Owner a limited license to use the Work Product in connection with Owner’s completion, occupancy, operation, maintenance completion and repair occupancy of the PlantProject. This limited license grants Owner the ability to repair the Plant at Owner’s discretion.Contract Time

Appears in 1 contract

Samples: Agreement

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Owner’s Limited License Upon Design-Builder’s Default. If this Agreement is terminated due to Design-Builder’s 's default pursuant to Section 15.2 or 15.6 and Owner has fully satisfied all 11.2 of its obligations under the Contract Documents through the time General Conditions of Design-Builder’s defaultContract, then Design-Builder shall grant grants Owner a limited license to use the Work Product to complete the Project and subsequently occupy the Project, and Owner shall thereafter have the same rights and obligations as set forth in connection with Owner’s completion, occupancy, operation, maintenance and repair of the Plant. This limited license grants Owner the ability to repair the Plant at Owner’s discretionSection 4.2 above.

Appears in 1 contract

Samples: Agreement (Limoneira CO)

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